Oracle reported its fiscal 2025 third-quarter results, highlighting strong growth in cloud revenue and record sales contracts. Total revenue reached $14.1 billion, up 6% in USD and 8% in constant currency. Cloud revenue, combining Infrastructure-as-a-Service (IaaS) and Software-as-a-Service (SaaS), grew 23% to $6.2 billion, with IaaS revenue increasing 49% to $2.7 billion and SaaS revenue rising 9% to $3.6 billion.

Remaining Performance Obligations (RPO) surged 62% year-over-year to $130 billion, reflecting Oracle’s expanding backlog of cloud contracts. The company signed over $48 billion in new sales agreements during the quarter, including deals with OpenAI, xAI, Meta, NVIDIA, and AMD. Oracle anticipates a 15% revenue increase in fiscal 2026 and expects further RPO growth with upcoming AI-related contracts.

GAAP earnings per share rose 20% to $1.02, while non-GAAP EPS increased 4% to $1.47. Net income reached $2.9 billion, up 22%, with a non-GAAP net income of $4.2 billion, up 6%. Operating cash flow for the past twelve months was $20.7 billion, with free cash flow at $5.8 billion.

Oracle is expanding its data center capacity, with demand for AI training and inferencing driving rapid GPU consumption growth. The company introduced the Oracle AI Data Platform, which integrates AI models like OpenAI’s ChatGPT with its database technology to enhance private data analysis.

The Board of Directors approved a 25% dividend increase to $0.50 per share, payable on April 23, 2025. Oracle continues to focus on cloud expansion, AI-driven solutions, and partnerships with major technology firms to drive future growth.