Oracle (ORCL) Q1 2025 earnings report

Oracle Shares rose 9% in extended trading Monday after the database software vendor reported fiscal first-quarter results that beat Wall Street estimates.

How the company did compared to the LSEG consensus:

• Earnings per share: It was revised to $1.39 versus $1.32 expected
• Income: $13.31 billion vs. $13.23 billion expected

Oracle’s revenue rose 8% from $12.45 billion a year earlier, according to the statement. Net income rose to $2.93 billion, or $1.03 per share, from $2.42 billion, or 86 cents per share, in the year-ago quarter.

At around $153, Oracle is on track to hit a record high on Tuesday. The stock’s highest price to date was $145.03 in July. Before the report, Oracle was up about 34% this year, compared with the S&P 500’s 15% gain.

The company reported revenue of $10.52 billion from its cloud services and license support business. That was up 10% from a year ago and $10.47 billion higher than the StreetAccount consensus.

Oracle’s cloud and on-premise licensing segment posted revenue of $870 million, up 7% from the StreetAccount consensus of $757.6 billion.

Cloud infrastructure revenue grew 45% to $2.2 billion. That’s an acceleration from the previous quarter, when revenue grew 42%.

“Demand continued to outstrip supply” of consumer-based cloud infrastructure, CEO Safra Catz said on a conference call with analysts.

During the quarter, Oracle announced the opening of a second cloud region in Saudi Arabia, which it said will be accessible through its database software. Google’s public cloud.

In a separate statement on Monday, Oracle said it would partner with the cloud infrastructure market leader Amazon Web Services to enable database services on specific hardware.

Executives will provide guidance and discuss results with analysts on a conference call beginning at 5:00 PM ET.

WATCH: Oracle could lead the next generation of artificial intelligence, says Gradient’s Jeremy Bryan