Oracle (ORCL) Q1 revenue rises on cloud power; results beat Street view

Oracle Corporation (NYSE: ORCL) on Monday reported higher revenues and adjusted profit for the first quarter of 2025, reflecting continued strong demand for its cloud services. The software giant said its August-quarter revenues increased to $13.3 billion from $12.45 billion in the same period last year. There was a 10% increase in Cloud Services and […]

$ORCL September 9, 2024 1 min read

NYSE

$ORCL · Earnings

“
Oracle Corporation (NYSE: ORCL) on Monday reported higher revenues and adjusted profit for the first quarter of 2025, reflecting continued strong demand for its cloud services. The software giant said its August-quarter revenues increased to $13.3 billion from $12.45 billion in the same period last year. There was a 10% increase in Cloud Services and […]
· September 9, 2024

Oracle Corporation (NYSE: ORCL) on Monday reported higher revenues and adjusted profit for the first quarter of 2025, reflecting continued strong demand for its cloud services.

Oracle Q1 2025 earnings infographic

The software giant said its August-quarter revenues increased to $13.3 billion from $12.45 billion in the same period last year. There was a 10% increase in Cloud Services and License Support revenues. Earnings, excluding special items, were $1.39 per share in the first quarter, compared to $1.19 per share in the prior-year period.

On an unadjusted basis, the tech firm reported a net income of $2.93 billion or $1.03 per share for Q1, compared to $2.42 billion or $0.86 per share in the prior year quarter. Both revenue and earnings topped the market’s expectations.