Financial Results
published on Jun 12, 2023
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Report Overview:
Report Outline:
Oracle has announced results for Q4 FY23 and full FY23, ending May 31, 2023:
- Revenues were $13,837m, up 17% y/y, up 18% in CC
- Operating income was $4,140m, a margin of 29.9%, down 8 pts y/y.
Q4 FY23 revenues (and y/y growth) by offering were:
- Cloud services and license support $9,370m (+23%, +25% CC)
- Cloud license and on-premise license $2,152m (-15%, -14% CC)
- Hardware $850m (-1%, +1% CC)
- Services $1,465m (+76%, +78% CC)
Q4 FY23 revenues (and y/y growth) for as-a-service offerings were:
- Applications (SaaS): $4,390m (+36%, +37% CC)
- Platform and Infrastructure (Platform-as-a-service and infrastructure-as-a-service): $4,980m (+14%, +15% CC).
Q4 FY23 total revenues by region (with y/y growth) was:
- Americas: $8,577m (+26.6%)
- Europe, Middle East, Africa: $3,457m (+6%)
- APAC: $1,803m (-0.2%).
Full FY23:
- Revenues were $49,954m, up 18%, up 22% in CC
- Operating income was $13,093m, a margin of 26%, down .3 points
FY23 revenues (and growth) by offering were:
- Cloud services and license support $35,307m (+17%, +21% CC)
- Cloud license and on-premise license $5,779m (-2%, +2% CC)
- Hardware $3,274m (+3%, +6% CC)
- Services $5,594m (+75%, +81% CC)
FY23 revenue (and growth) for as-a-service offerings were:
- SaaS: $16,651m (+32%, +35% CC)
- PaaS and IaaS: $18,656m (+6%, +10% CC).
FY23 by region (and growth) was:
- Americas: $31,226m (+31.9%)
- Europe, Middle East, Africa: $12,109m (+.8%)
- APAC: $6,619m (-1.9%).
Annual revenue growth was led by cloud applications and infrastructure businesses, which grew at a combined rate of 50% in CC.