Quick answer: latest quarter results, by ticker or company name

Reported Q: Q3 2024 Rev YoY: +7.1% EPS YoY: +24.3% Move: +9.66%

Oracle Corporation

ORCL

$156.61 9.66%

Exchange NYSE Sector Technology Industry Software Infrastructure

Q3 2024

Published: Mar 12, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for ORCL

Reported

Report Date

Mar 12, 2024

Quarter Q3 2024

Revenue

13.28B

YoY: +7.1%

EPS

0.85

YoY: +24.3%

Market Move

+9.66%

Previous quarter: N/A

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Earnings Highlights

Revenue of $13.28B up 7.1% year-over-year
EPS of $0.85 increased by 24.3% from previous year
Gross margin of 70.9%
Net income of 2.40B
""...as demand for our Cloud Services continues getting stronger, our pipeline is growing even faster and our win rates are going higher as well."" - Safra Catz

ORCL

Oracle Corporation

Period Q3 2024

Currency USD

Report Type Quarterly Earnings

Generated Feb 10, 2026

Executive Summary

In Q3 FY2024, Oracle Corporation (ORCL) reported solid financial results, showcasing robust growth in its cloud services segment. Total revenue reached $13.28 billion, reflecting a year-over-year increase of 7.1% and a quarter-over-quarter rise of 2.6%. Cloud revenue was a key highlight, with cloud services revenue excluding Cerner at $4.4 billion, up 26% year-over-year. Management emphasized the strength of the Oracle Cloud Infrastructure (OCI), which emerged as a leading segment, significantly contributing to revenue acceleration. Oracle's ability to outperform many of its competitors has been attributed to its unique AI capabilities and robust cloud deployments, indicating a strong position going forward for investors looking into tech stocks.

Key Performance Indicators

Revenue

Increasing

13.28B

QoQ: 2.62% | YoY: 7.11%

Gross Profit

Increasing

9.41B

70.87% margin

QoQ: 2.28% | YoY: 5.05%

Operating Income

Increasing

3.75B

QoQ: 3.53% | YoY: 11.77%

Net Income

Increasing

2.40B

QoQ: -4.08% | YoY: 26.64%

EPS

Increasing

0.87

QoQ: -4.40% | YoY: 24.29%

Revenue Trend

Margin Analysis

Financial Highlights

Revenue Performance:
- Total Revenue: $13.3 billion (up 7% YoY, up 2.6% QoQ)
- Cloud Revenue (including Cerner): $5.1 billion (up 24% YoY, 26% excluding Cerner)
- Gross Profit: $9.41 billion (Gross Margin: 70.87%)
- Net Income: $2.40 billion (Net Income Margin: 18.08%)
- EPS: $0.87 diluted (up 24.29% YoY)

Profitability Metrics:
- Operating Income: $3.75 billion (up 11.77% YoY, Operating Margin: 28.24%)
- Non-GAAP EPS: $1.41 (up 16% YoY)
- Tax Rate: 18.9% (within guidance)

Balance Sheet Highlights:
- Cash and Short-Term Investments: $9.90 billion
- Total Assets: $137.08 billion
- Total Liabilities: $130.90 billion
- Total Stockholders' Equity: $5.62 billion

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	13.28B	7.11%	2.62%
Gross Profit	9.41B	5.05%	2.28%
Operating Income	3.75B	11.77%	3.53%
Net Income	2.40B	26.64%	-4.08%
EPS	0.87	24.29%	-4.40%

Key Financial Ratios

Gross Profit Margin

Excellent

70.90%

Gross profit margin is exceptional, indicating strong pricing power and operational efficiency

Operating Profit Margin

Excellent

28.20%

Operating margin is exceptional, indicating strong pricing power and operational efficiency

Net Profit Margin

Good

18.10%

Net profit margin is healthy and competitive within industry standards

Return on Assets

Weak

1.75%

Return on assets suggests inefficient capital allocation

Return on Equity

Strong

42.70%

Return on equity demonstrates excellent capital efficiency and value creation

Current Ratio

Concern

0.85

Current ratio below safe levels, potential liquidity risk

Debt to Equity

High Risk

15.65

Debt-to-equity indicates high leverage and elevated financial risk

P/E Ratio

Growth

31.96x

Elevated P/E suggests growth expectations or premium valuation

Price to Book

High Premium

54.58x

Very high premium suggests asset-light business model or lofty expectations

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q2 2026	16,057.00	2.10	+20.7%	View
Q1 2026	14,926.00	1.01	+4.5%	View
Q3 2025	14,130.00	1.02	+6.4%	View
Q2 2025	14,059.00	1.10	+8.6%	View
Q1 2025	13,307.00	1.03	+6.9%	View
Q3 2024	13,280.00	0.85	+7.1%	View

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Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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