Q1 2025 Oracle Corp Earnings Call Transcript
Key Points
- Oracle Corp (ORCL) reported total revenue of $13.3 billion for Q1, up 8% from last year.
- Total cloud revenue increased by 22% to $5.6 billion, with SaaS revenue up 10% and IaaS revenue up 46%.
- The company announced a new partnership with Amazon Web Services, expanding its MultiCloud strategy.
- Oracle Corp (ORCL) achieved a gross margin of 43% and operating income growth of 14%.
- The remaining performance obligations (RPO) grew by 52% in constant currency, indicating strong future revenue potential.
- Oracle Corp (ORCL) exited the advertising business last quarter, which lowered total cloud applications revenue by 2% this quarter.
- Despite strong demand, supply constraints continue to outstrip the company's ability to meet it.
- The company expects fiscal year 2025 CapEx to be double that of fiscal 2024, indicating significant capital expenditure.
- The gross margins of OCI are currently lower compared to other segments, although expected to improve over time.
- The company faces ongoing risks and uncertainties that may cause actual results to differ materially from forward-looking statements.
Hello, and welcome to the Oracle Corporation Q1 fiscal year 2025 earnings call. (Operator Instructions) I would now like to turn the conference over to Ken Bond, Head of Investor Relations. You may begin.
Thank you, Sarah, and good afternoon, everyone, and welcome to Oracle's first quarter fiscal year 2025 earnings conference call. A copy of the press release and financial tables, which includes a GAAP to non-GAAP reconciliation and other supplemental financial information, can be viewed and downloaded from our Investor Relations website. Additionally, a list of many customers who purchased Oracle Cloud Services or went live on Oracle Cloud recently will be available from the investor relations website. On the call today are Chairman and Chief Technology Officer, Larry Ellison; and Chief Executive Officer, Safra Catz.
As a reminder, today's discussion will include forward-looking statements, including predictions, expectations, estimates, or other information that might be considered forward-looking.
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
