Oracle Reports 9% Revenue Growth in Q2

Oracle Corporation revealed on Monday that its second-quarter revenue for fiscal 2025 has grown by 9%, reaching $14.1 billion. Despite this impressive growth, the figure slightly missed market expectations.

During the reported quarter, the company's GAAP diluted earnings per share surged by 24% compared to the same period a year ago, standing at $1.10. Meanwhile, its net income rose 22% year-over-year to $3.2 billion.

AI Demand Drives Cloud Infrastructure Growth

CEO Safra Catz highlighted that "record level AI demand" has propelled Oracle Cloud Infrastructure revenue up by 52% in Q2. This growth rate significantly outpaces that of any hyper-scale cloud infrastructure competitors.

Despite the positive financial results, Oracle's stock experienced a 9.39% decline in after-hours trading following the announcement.