Oracle’s third quarter financial results for the fiscal year 2025, ending in February, reported a total revenue of $14.13 billion, showing a 6% increase from the same period in the previous year. The net profit according to GAAP accounting stood at $2.936 billion.
Revenue from Oracle’s cloud business (IaaS and SaaS) totaled $6.21 billion, marking a 23% growth. This comprised of $2.7 billion from IaaS, up by 49%, and $3.6 billion from SaaS, up by 9%.
Larry Ellison, Oracle’s Chairman and CEO, stated that the company remains on track to expand its data center footprint this year to meet the high demand from customers. Revenue from the Database MultiCloud, sourced from partnerships with Microsoft, Google, and Amazon, surged by 92% in the past three months. Utilization of GPU for AI training rose by 244%.
Moreover, Oracle observed a significant demand from customers seeking to perform AI inference on their private data. As a response, the company enhanced connectivity with market-leading models such as ChatGPT, Grok, and Llama, integrated with Oracle’s database 23ai, collectively known as Oracle AI Data Platform, ensuring secure usage of desired AI models with private data.
TLDR: Oracle’s Q3 FY2025 financial report revealed a $14.13 billion revenue, with a 6% increase in total and $2.936 billion net profit. The cloud business generated $6.21 billion, growing by 23%, while the company continues to expand data center presence and enhance AI capabilities for customers’ private data needs.
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