Oracle CEO Safra Catz will speak out on the second day of the FII Priority Summit held at the FAENA Hotel on February 20, 2025 in Miami Beach, Florida.
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Oracle Even if revenue and revenue missed estimates, the database software maker surged 27% in extended deals on Tuesday after database software makers showed significant growth outlook for new cloud contracts.
Here’s how the company did it compared to the LSEG consensus:
Earnings per share: $1.47 adjusted vs. $1.48 forecast: $149.3 billion vs. $15.04 billion
Revenues rose 12% from $13.3 billion the previous year, according to the statement. This ended on August 31st. Net income was approximately $2.93 billion ($1.01 per share) compared to $2.93 billion in the same period last year, or $1.03 per share.
Oracle said it has skyrocketed to $455 billion, a measure of contract revenue that has not yet been recognized, an increase of 359% from the previous year. During the quarter, Openai said it had signed an agreement with Oracle to develop a 4.5 gigawatt US data center capacity.
Alongside large cloud providers such as MicrosoftOracle was one of the big winners of the artificial intelligence boom due to its cloud infrastructure business and access. nvidia’s A graphics processing unit or GPU required for large workloads. CEO Safra Catz said in a statement that the company signed billion-dollar deals with three different customers in the quarter.
Also, in the quarter, Oracle said it was a rival to Cloud. Google’s The Gemini AI model will be available on Oracle’s cloud infrastructure.
Oracle’s shares hit record last month, up 45% in 2025 as of Tuesday’s end, but the S&P 500 index rose 11%.
Wednesday’s profit of over 22% represents the best day for stocks since the 1999 dot-com boom and the third Sharp Strand. It also raises the company’s market capitalization by more than $800 billion.
In a statement, Oracle co-founder, chairman and technology chief Larry Ellison said in October that it will announce an Oracle AI database service that can run Openai and other companies’ AI models on client data stored in Oracle databases. This effort will deepen product integration with Oracle’s Openai. In August, Oracle said it brought Openai’s new GPT-5 AI model to its cloud applications.
“Historically, we don’t deal with CEOs. Now we do with CEOs,” Ellison said in a conference call with analysts. He also said he is dealing directly with heads of state “because AI is so important.”
Oracle generated $3.3 billion in revenue from cloud infrastructure, up 55% from the previous year. Growth was 52% in the fourth quarter.
Oracle is looking at $18 billion in cloud infrastructure revenue in 2026, according to the statement. This suggests growth of 77% from a total of around $10 billion for fiscal year 2025. The company called for an annual amount of $32 billion, $73 billion, $114 billion and $144 billion over the next four years.
Kirk Materne, an Evercore analyst equivalent to Oracle Stock’s purchase rating, said in a note to clients that he had expected $108 billion in cloud infrastructure revenue for 2029.
In July, Microsoft said it had generated $75 billion in revenue from Azure Cloud infrastructure over the past 12 months. Amazon’s Cloud revenue for the same period approached $112 billion.
In the second quarter of the second quarter, Oracle sought revenue growth of $1.61 to $1.65 in adjusted revenue per share, and 14% to 16%. Analysts were looking for a profit of $1.62 per share with revenues of $162.1 billion. This means 15% growth.
Capital expenditures for the new fiscal year were around $35 billion, representing 65% growth, Catz said in its revenue call. Microsoft and other cloud institutes are used to assigning more to real estate and equipment for build-outs.
“In a sense, I don’t want to call it asset lighting, like from the financial world, but it’s a light light on assets, and it’s really incentive for us,” Cats said. “We know some of our competitors. They like to own buildings. That’s not really our specialty.”
– CNBC’s Ari Levy contributed to this report.
