Oracle's Q2 revenue grows 9% to $14.1 billion - Breaking The News

Oracle's Q2 revenue grows 9% to $14.1 billion

9 December

1 min read

EPA-EFE/ROBERT GHEMENT

Oracle Corporation shared on Monday that its second-quarter revenue for its fiscal 2025 expanded by 9% to land at $14.1 billion, slightly below market forecasts.

In the reported quarter, its GAAP diluted earnings per share jumped by 24% from the corresponding timeframe a year before, coming in at $1.10. Its net income stood at $3.2 billion, rising 22% year-over-year.

"Record level AI demand drove Oracle Cloud Infrastructure revenue up 52% in Q2, a much higher growth rate than any of our hyper-scale cloud infrastructure competitors," CEO Safra Catz said.

The company's stock plunged 9.39% in the after-hours trading following the announcement.

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