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Feb 28

Oracle Q3 2025 Earnings Report

Oracle reported solid financial performance in Q3 FY25, with revenue and earnings growth driven by cloud services.

Key Takeaways

Oracle's Q3 FY25 revenue reached $14.1 billion, marking a 6% year-over-year increase. GAAP EPS rose 20% to $1.02, while non-GAAP EPS increased 4% to $1.47. Cloud services and license support revenue grew 10%, with strong demand for cloud applications and infrastructure solutions.

Total revenue grew 6% year-over-year to $14.1 billion.

GAAP EPS increased 20% to $1.02, while non-GAAP EPS rose 4% to $1.47.

Cloud revenue (IaaS + SaaS) reached $6.2 billion, up 23%.

Operating income increased to $4.4 billion GAAP and $6.2 billion non-GAAP.

Total Revenue
$14.1B
Previous year: $11.4B
+23.2%
EPS
$1.47
Previous year: $1.41
+4.3%
Operating Margin
31%
Previous year: 28%
+10.7%
Non-GAAP Operating Margin
44%
Previous year: 42%
+4.8%
Remaining Performance Obligations
$130B
Previous year: $80.4B
+61.8%
Gross Profit
$9.94B
Previous year: $9.41B
+5.6%
Cash and Equivalents
$17.4B
Previous year: $9.9B
+75.7%
Free Cash Flow
$5.8B
Previous year: $3.8B
+52.6%
Total Assets
$161B
Previous year: $137B
+17.7%

Oracle

Oracle

Oracle Revenue by Segment

Oracle Revenue by Geographic Location

Forward Guidance

Oracle expects continued revenue growth, driven by strong cloud demand and increasing AI-related opportunities. The company projects a 15% revenue increase in FY26, supported by a $130 billion backlog and expanding data center capacity.

Positive Outlook

  • Revenue projected to grow by 15% in the next fiscal year.
  • Expansion of data center capacity on schedule for completion this year.
  • Strong AI-related demand, with GPU consumption for AI training up 244%.
  • Increasing partnerships with top tech companies like OpenAI, NVIDIA, and AMD.
  • Oracle AI Data Platform to drive enterprise adoption of AI-powered solutions.

Challenges Ahead

  • Decline in cloud license and on-premise license revenue (-10%).
  • Hardware revenue declined 7% year-over-year.
  • Increased interest expenses affecting profitability.
  • Ongoing currency fluctuations impacting reported revenue.
  • Competitive pressures in cloud infrastructure market.

Revenue & Expenses

Visualization of income flow from segment revenue to net income