Revenue Growth - Total quarterly revenues rose by 6% year-over-year to 14.1billion[2]−Cloudservicesandlicensesupportrevenuesgrewby1011.0 billion[2] - Total revenues for Q3 fiscal 2025 reached 14.1billion,a613.2 billion in Q3 fiscal 2024[15] - Total revenues for the nine months ended February 28, 2025, were 41.496billion,representinga738.607 billion for the same period in 2024[23] - Total revenues for fiscal 2024 reached 53.41billion,withayear−over−yeargrowthof122.9 billion, up 22% year-over-year[3] - Non-GAAP operating income increased by 7% year-over-year to 6.2billion[3]−OperatingincomeforQ3fiscal2025was4.35 billion, reflecting a 16% increase from 3.75billioninthesamequarterlastyear[15]−NetincomeforQ3fiscal2025was2.93 billion, up 22% from 2.40billioninQ3fiscal2024[15]−NetincomefortheninemonthsendedFebruary28,2025,was9.016 billion, reflecting a 23% increase from 7.303billioninthesameperiodin2024[23]−DilutedearningspershareforQ3fiscal2025were1.02, representing a 20% increase compared to 0.85inQ3fiscal2024[15]−DilutedearningspersharefortheninemonthsendedFebruary28,2025,were3.15, up 21% from 2.60inthesameperiodin2024[23]CloudServicesPerformance−CloudInfrastructure(IaaS)revenuesurgedby492.7 billion[6] - Cloud services and license support revenues for the nine months ended February 28, 2025, were 32.33billion,accountingfor7828.93 billion, a 3% increase from 28.01billionintheprioryear[20]−ResearchanddevelopmentexpensesforQ3fiscal2025were675 million, a 15% increase from 584millioninQ3fiscal2024[16]−Totalstock−basedcompensationforQ3fiscal2025was1.19 billion, reflecting a 14% increase from 1.04billioninQ3fiscal2024[16]−Capitalexpendituresrosesignificantlyto12,135 million, compared to 4,068millioninthepreviousyear,indicatingafocusonexpansionandinvestment[31]CashFlowandLiquidity−Netcashprovidedbyoperatingactivitiesincreasedto14,664 million, up 16.5% from 12,592millionyear−over−year[31]−Freecashflowforthetrailingfourquarterswasreportedat11,270 million, reflecting a 19% growth compared to the previous year[33] - GAAP operating cash flow for Q3 Fiscal 2025 was 20,740million,showinga1417,406 million at the end of the period, compared to 9,481millionattheendofthepreviousyear[31]TaxandLiabilities−TheeffectiveGAAPtaxrateforQ3fiscal2025was14.9144.117 billion as of February 28, 2025, compared to 131.737billionasofMay31,2024[29]StockholderReturns−Aquarterlycashdividendof0.50 per share was declared, reflecting a 25% increase[5] - Payments for dividends to stockholders totaled 3,340million,slightlyupfrom3,289 million in the previous year, reflecting a commitment to returning value to shareholders[31] Non-GAAP Measures - The company utilizes non-GAAP financial measures to provide a clearer understanding of its financial performance, excluding stock-based compensation and acquisition-related expenses[41] - Stock-based compensation expenses are excluded from non-GAAP measures, although they are considered a key incentive for employees and will recur in future periods[41] - Amortization of intangible assets is excluded from non-GAAP measures due to its inconsistent nature and impact from acquisitions, which will also recur in future periods[42] - Acquisition-related expenses include personnel costs and business combination adjustments, which are excluded from non-GAAP measures to provide clarity on operating expenses[43] - Restructuring expenses, such as employee severance, are also excluded from non-GAAP measures to help investors understand their impact on total operating expenses[43]
Oracle(ORCL)2025-03-10 20:13