Oracle has reported 7 percent increase in its revenue to $13.3 billion for first-quarter of 2025 fiscal.
Oracle has generated first-quarter sales of $8.372 billion from Americas, $3.228 billion from Europe-Middle-East-Africa region, and $1.707 billion from Asia Pacific that includes China and India.
Cloud services revenues rose 21 percent to $5.6 billion. Cloud license and on-premise license revenues grew 7 percent to $870 million.
Total remaining performance obligations surged 53 percent to $99 billion.
Cloud Revenue (IaaS plus SaaS) rose 21 percent to $5.6 billion.
Cloud Infrastructure (IaaS) revenue grew 45 percent to $2.2 billion.
Cloud Application (SaaS) revenue rose 10 percent to $3.5 billion.
Fusion Cloud ERP (SaaS) revenue grew 16 percent to $0.9 billion.
NetSuite Cloud ERP (SaaS) revenue increased 20 percent to $0.9 billion.
Capex was $2.3 billion this quarter. Fiscal year 2025 Capex will be double from fiscal 2024.
Oracle has 162 cloud datacenters – including 85 live cloud regions and 77 under construction. The largest of these datacenters is 800 megawatts and will contain acres of NVIDIA GPU Clusters for training large scale AI models. In Q1, 42 additional cloud GPU contracts were signed for a total of $3 billion.
“Our database business growth rate is increasing as a result of multi-Cloud agreements with Microsoft and Google. At the end of Q1, 7 Oracle Cloud regions were live at Microsoft with 24 more being built, and 4 Oracle Cloud regions were live at Google with 14 more being built,” said Oracle Chairman and CTO, Larry Ellison.
Oracle announced its partnership with Amazon Web Services (AWS), which has now joined Microsoft Azure and Google Cloud in making OCI and Oracle available in their clouds.