Oracle Q3 Fiscal 2025 Financial Results: Strong Cloud Growth Drives Revenue Surge

• Total Revenue: $14.1 billion, up 6% in USD and 8% in constant currency
• Cloud Revenue (IaaS + SaaS): $6.2 billion, up 23% in USD and 25% in constant currency
• Cloud Infrastructure (IaaS) Revenue: $2.7 billion, up 49% in USD and 51% in constant currency
• Cloud Application (SaaS) Revenue: $3.6 billion, up 9% in USD and 10% in constant currency
• Fusion Cloud ERP (SaaS) Revenue: $0.9 billion, up 16% in USD and 18% in constant currency
• NetSuite Cloud ERP (SaaS) Revenue: $0.9 billion, up 16% in USD and 17% in constant currency
• Remaining Performance Obligations: $130 billion, up 62% in USD and 63% in constant currency
• GAAP Earnings Per Share: $1.02, up 20%
• Non-GAAP Earnings Per Share: $1.47, up 4%

Revenue Breakdown

Segment	Q3 FY25 Revenue	Q3 FY24 Revenue	Growth (USD)	Growth (Constant Currency)
Cloud Services & License Support	$11.0B	$10.0B	+10%	+12%
Cloud License & On-Premise License	$1.1B	$1.3B	-10%	-8%
Hardware	$703M	$754M	-7%	-5%
Services	$1.3B	$1.3B	-1%	+1%
Total Revenue	$14.1B	$13.3B	+6%	+8%

Operating Performance

Metric	Q3 FY25	Q3 FY24	Growth (USD)	Growth (Constant Currency)
Operating Income	$4.36B	$3.75B	+16%	+20%
Income Before Taxes	$3.45B	$2.87B	+20%	+25%
Net Income	$2.94B	$2.40B	+22%	+27%

Expense Analysis

Expense Category	Q3 FY25	Q3 FY24	Growth (USD)	Growth (Constant Currency)
Cloud Services & License Support	$2.88B	$2.45B	+18%	+19%
Hardware	$197M	$217M	-9%	-7%
Services	$1.12B	$1.20B	-7%	-5%
Sales & Marketing	$2.12B	$2.04B	+4%	+6%
Research & Development	$2.43B	$2.25B	+8%	+9%
General & Administrative	$390M	$377M	+3%	+5%
Total Operating Expenses	$9.77B	$9.53B	+3%	+4%

Earnings Per Share (EPS)

Type	Q3 FY25	Q3 FY24
Basic EPS	$1.05	$0.87
Diluted EPS	$1.02	$0.85

Oracle’s Q3 Fiscal 2025 results demonstrate significant growth in cloud services, particularly in IaaS and SaaS offerings. The company’s strong cloud momentum, rising remaining performance obligations, and increasing net income indicate a positive outlook for future quarters. Despite slight declines in hardware and on-premise license revenues, Oracle continues to show resilience and a strong transition towards cloud-based services.