NYSE$ORCL

Oracle Corporation · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Oracle's Q4 2024 financial results were announced, with revenue up 3% and RPO up 44%.

Oracle announced its Q4 Fiscal Year 2024 results, with total revenue reaching $14.3 billion, a 3% increase in USD. Cloud revenue (IaaS plus SaaS) grew by 20% to $5.3 billion. The company's Remaining Performance Obligations (RPO) increased by 44% to $98 billion, driven by strong demand for AI training in the Oracle Cloud. GAAP earnings per share was $1.11 and Non-GAAP earnings per share was $1.63.

  • Total Remaining Performance Obligations (RPO) increased by 44% to $98 billion.
  • GAAP earnings per share was $1.11, while non-GAAP earnings per share was $1.63.
  • Total revenue reached $14.3 billion, up 3% in USD.
  • Cloud revenue (IaaS plus SaaS) grew by 20% to $5.3 billion.

Headline financials

Total Revenue

$14.3B

Previous: $13.8B+3.3%
EPS (adj)

$1.63

Previous: $1.67-2.4%
Operating Margin

33.0%

No prior period
Capital Expenditures

-$2.8B

Previous: $1.91B-246.3%
Net Income

$3.14B

Previous: $3.32B-5.3%
Operating Income

$4.69B

Previous: $4.14B+13.2%
Gross Profit

$9.62B

Previous: $10.1B-4.8%
R&D Expense

$2.23B

No prior period
Stock-Based Comp

$1.05B

Previous: $964M+8.6%

Revenue & EPS history

Oracle · Revenue · Quarterly

$14.3B

Q4 2024+3.3%vs Q4 2023
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Revenue by segment

Oracle · $2.12B total across 2 segments · Q2 2024

  • Services
    $1.37B-1.7%
  • Hardware
    $756M-11.1%

Forward guidance

Oracle anticipates continued strong AI demand to drive sales and RPO higher, expecting double-digit revenue growth in fiscal year 2025. Each successive quarter is projected to grow faster than the previous one as OCI capacity increases.

Tailwinds

  • Continued strong AI demand is expected to drive Oracle sales and RPO even higher.
  • Double-digit revenue growth is anticipated in fiscal year 2025.
  • Each successive quarter should grow faster than the previous quarter as OCI capacity begins to catch up with demand.
  • Multicloud cooperation with Microsoft expanded significantly.
  • Agreement signed with Google to interconnect clouds and build OCI datacenters inside the Google Cloud.

Headwinds

  • No specific negative aspects were mentioned in the provided text.
  • No specific negative aspects were mentioned in the provided text.
  • No specific negative aspects were mentioned in the provided text.
  • No specific negative aspects were mentioned in the provided text.
  • No specific negative aspects were mentioned in the provided text.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-0.1%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+2.4%

Avg return

30 days after

44%

32 / 73 earnings

Positive

+15.4%

Q2 2022

Best reaction

-13.2%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-2.4%-0.4%
Q3 2026-0.0%+4.4%-7.6%
Q2 2026-4.2%-15.4%-11.0%
Q1 2026+10.9%+25.1%+21.3%
Q4 2025+2.7%+3.7%+5.7%
Q3 2025-3.1%+0.3%-10.4%
Q2 2025-7.3%-9.5%-14.9%
Q1 2025+9.9%+14.3%+25.7%
Q4 2024+12.8%+10.9%+14.7%
Q3 2024+13.4%+11.7%+8.3%
Q2 2024-11.3%-9.1%-8.5%
Q1 2024-13.2%-9.8%-13.2%
Q4 2023+6.2%+14.2%+5.6%
Q3 2023-5.0%-4.4%+8.4%
Q2 2023+0.9%-0.4%+10.9%
Q1 2023+0.2%-9.3%-16.0%
Q4 2022+5.3%-1.6%+7.9%
Q3 2022+2.3%+5.9%+6.4%
Q2 2022+15.4%+12.3%-1.6%
Q1 2022-3.7%-3.7%+7.5%
Q4 2021-6.7%-7.7%+4.4%
Q3 2021-7.2%-6.8%+4.0%
Q2 2021+1.5%+3.6%+6.1%
Q1 2021+0.1%+7.0%+7.4%
Q4 2020-3.2%+2.2%+4.8%
Q3 2020+7.2%+4.8%+18.9%
Q2 2020-3.2%-6.2%-3.3%
Q1 2020-2.8%-4.2%+2.6%
Q4 2019+7.7%+7.3%+8.8%
Q3 2019-0.2%+1.8%+2.7%
Q2 2019-1.6%-5.6%+3.1%
Q1 2019-0.4%+3.8%-2.8%
Q4 2018-8.0%-5.2%+4.1%
Q3 2018-10.0%-14.3%-9.9%
Q2 2018-3.5%-4.5%-1.1%
Q1 2018-7.7%-9.0%-7.9%
Q4 2017+9.7%+11.0%+10.8%
Q3 2017+6.9%+5.7%+2.8%
Q2 2017-4.4%-4.6%-4.0%
Q1 2017-3.3%-2.9%-4.6%
Q4 2016+3.2%+4.0%+8.7%
Q3 2016+3.9%
Q2 2016-3.3%
Q1 2016-3.3%
Q4 2015-4.3%
Q3 2015+1.7%
Q2 2015+11.6%
Q1 2015-3.3%
Q4 2014-4.6%
Q3 2014+0.9%
Q2 2014+8.8%
Q1 2014+1.9%
Q4 2013-11.6%
Q3 2013-9.5%
Q2 2013+5.5%
Q1 2013-0.9%
Q4 2012+0.9%
Q3 2012-1.2%
Q2 2012-10.0%
Q1 2012+1.8%
Q4 2011+2.7%
Q3 2011+1.5%
Q2 2011-0.1%
Q1 2011-1.3%
Q4 2010+1.7%
Q4 2008+1.7%
Q3 2010-0.6%
Q3 2009-0.6%
Q2 2010+1.2%
Q2 2009-1.0%
Q1 2010-1.0%
Q1 2009-1.0%
Q4 2009-1.0%

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