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Oracle
🇺🇸 NYSE:ORCL
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Nov 30, 2022

Oracle Q2 2023 Earnings Report

Oracle's Q2 fiscal year 2023 financial results were announced, with total revenue up 18% in USD and 25% in constant currency. Cloud revenue increased by 43% in USD and 48% in constant currency, driven by strong growth in both infrastructure and applications cloud businesses.

Key Takeaways

Oracle's Q2 fiscal year 2023 results showed strong growth, with total revenue reaching $12.3 billion, up 18% in USD and 25% in constant currency. The cloud business was a key driver, with cloud revenue up 43% in USD and 48% in constant currency. GAAP earnings per share was $0.63, while non-GAAP earnings per share was $1.21.

Total revenue increased by 18% in USD and 25% in constant currency, reaching $12.3 billion.

Cloud revenue (IaaS plus SaaS) grew by 43% in USD and 48% in constant currency, totaling $3.8 billion.

Cloud Infrastructure (IaaS) revenue increased by 53% in USD and 59% in constant currency, reaching $1.0 billion.

GAAP earnings per share was $0.63, while non-GAAP earnings per share was $1.21.

Total Revenue
$12.3B
Previous year: $10.4B
+18.5%
EPS
$1.21
Previous year: $1.21
+0.0%
Gross Profit
$8.92B
Previous year: $8.2B
+8.7%
Cash and Equivalents
$6.81B
Previous year: $17.9B
-62.0%
Free Cash Flow
-$1.59B
Previous year: -$4.61B
-65.6%
Total Assets
$128B
Previous year: $107B
+20.2%

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Oracle Revenue by Segment

Oracle Revenue by Geographic Location

Forward Guidance

No specific forward guidance was provided in the release.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

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