Oracle (ORCL) Revenue — Quarter Ended Aug 31, 2024
Revenue decreased compared to the prior quarter but increased compared to the same quarter last year. The sequential decline reflects a typical seasonal pattern, while the year-over-year gain shows continued growth momentum.
Key takeaway
Quarter ended Aug 31, 2024 · FY2025 Q1
Revenue decreased compared to the prior quarter but increased compared to the same quarter last year. The sequential decline reflects a typical seasonal pattern, while the year-over-year gain shows continued growth momentum.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$13.3B
Revenue reported for this quarter.
Quarter-over-quarter
-6.9%
Change from the immediately preceding quarter.
Year-over-year
+6.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$53.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Nov 30, 2023 | $12.9B | +5.4% |
| Feb 29, 2024 | $13.3B | +7.1% |
| May 31, 2024 | $14.3B | +3.3% |
| Aug 31, 2024 | $13.3B | +6.9% |
Revenue performance
Reported revenue fell from the immediately preceding quarter, marking a sequential decline.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was higher, indicating a year-over-year increase.
What to watch
The sequential revenue decline should be monitored for potential seasonal or demand shifts.