甲骨文 2025年季度报告

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period endedAugust 31, 2025or☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transion period from ____________ to ____________Commission File Number:001-35992 Oracle Corporaon (Exact name of registrant as specified in its charter) (737)867-1000 Indicate by check mark whether the registrant (1) hasfiled all reports required to befiled by Secon 13 or 15(d) of the Securies Exchange Act of 1934during the preceding 12 months (or for such shorter period that the registrant was required tofile such reports), and (2) has been subject to suchfilingrequirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submied electronically every Interacve Data File required to be submied pursuant to Rule 405 ofRegulaon S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles).Yes☒No☐ Indicate by check mark whether the registrant is a large acceleratedfiler, an acceleratedfiler, a non-acceleratedfiler, a smaller reporng company or anemerging growth company. See the definions of “large acceleratedfiler,” “acceleratedfiler,” “smaller reporng company” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. Large acceleratedfiler☒Non-acceleratedfiler☐ Acceleratedfiler☐Smaller reporng company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transion period for complying with anynew or revisedfinancial accounng standards provided pursuant to Secon 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ The number of shares of registrant’s common stock outstanding as of September 5, 2025 was:2,841,714,000. FORM 10-Q QUARTERLY REPORT TABLEOFCONTENTS PART I.FINANCIAL INFORMATION3Item 1.Financial Statements (Unaudited)3Condensed Consolidated Balance Sheets as of August 31, 2025 and May 31, 20253Condensed Consolidated Statements of Operaons for the Three Months Ended August 31, 2025 and 20244Condensed Consolidated Statements of Comprehensive Income for the Three Months Ended August 31,2025 and 20245Condensed Consolidated Statements of Stockholders’ Equity for the Three Months Ended August 31, 2025and 20246Condensed Consolidated Statements of Cash Flows for the Three Months Ended August 31, 2025 and 20247Notes to Condensed Consolidated Financial Statements8Item 2.Management’s Discussion and Analysis of Financial Condion and Results of Operaons21Item 3.Quantave and Qualitave Disclosures About Market Risk37Item 4.Controls and Procedures37PART II.OTHER INFORMATION38Item 1.Legal Proceedings38Item 1A.Risk Factors38Item 2.Unregistered Sales of Equity Securies and Use of Proceeds38Item 5.Other Informaon39Item 6.Exhibits40Signatures41 Cauonary Note on Forward-Looking Statements For purposes of this Quarterly Report on Form 10-Q (this Quarterly Report), the terms “Oracle,” “we,” “us” and “our” refer toOracle Corporaon and its consolidated subsidiaries. This Quarterly Report contains statements that are not historical in nature,are predicve in nature, or that depend upon or refer to future events or condions or otherwise contain forward-lookingstatements within the meaning of Secon 21E of the Securies Exchange Act of 1934, as amended (the Exchange Act), andSecon 27A of the Securies Act of 1933, as amended (the Securies Act). These include, among other things, statementsregarding: •our expectaon that we may acquire, and realize the ancipated benefits of acquiring, companies, products, servicesand technologies to further our corporate strategy as compelling opportunies become available;•our expectaon that, on a constant currency basis, our total cloud and soware revenues generally will connue toincrease due to expected growth in our cloud revenues and connued demand for our soware offerings;•our expectaon that substanally all of our customers will renew their soware support contracts upon expiraon;•our expectaon that current and expected customer demand will require connued growth in our cloud and sowareexpenses in order to increase our exisng data center capacity and establish addional data centers in new geographiclocaons;•our expectaon that our hardware business will have lower operang margins as a percentage of revenues than ourcloud and soware business;•our expectaon that we will connue to make significant investments in research and development to develop newproducts and services offerings, as well as maintain and improve our current offerings, and our belief that research anddevelopment efforts are essenal to maintaining our compeve posion;•our expectaons regarding our investment in Ampere Compung Holdings LLC (Ampere)