“Now we do expect that the component delays that have slowed cloud capacity expansion this year, should ease in Q1 FY '26. So pretty soon.”

In context

“ch we reported last year. Now as a reminder, the exit our advertising business last year had the effect of lowering total cloud revenue growth by 2% this quarter. Total cloud services and license support revenue for the quarter was $11 billion, up 12%, driven again by OCI our strategic cloud applications and cloud database services. Infrastructure subscription revenues, which includes license support, were $6.2 billion, up 18%. Record level AI demand drove Oracle Cloud Infrastructure revenue up 51% in Q3 and that's 54% when you exclude our legacy hosting, both a much higher growth rate than any of our hyperscaler competitors. Our Instructure cloud services now have an annualized revenue of $10.6 billion. OCI consumption revenue was up 57%, Demand continues to dramatically outstrip supply. Now we do expect that the component delays that have slowed cloud capacity expansion this year, should ease in Q1 FY '26. So pretty soon. Growth in the AI segment of our infrastructure business was extraordinary GPU consumption revenue is now nearly 3.5 times the size of last year's. Cloud database services, which were up 28%, now have annualized revenue of $2.3 billion, Autonomous Database consumption revenue was up 42% on top of the 32% growth reported last year. So again, we have acceleration, as we get bigger. As on-premise databases migrate to the cloud either on OCI directly through public cloud, cloud to customer or DRCC, or through our database at cloud service with Azure, Google or AWS. We expect the cloud database revenues collectively, will be the third driver of revenue growth alongside OCI and strategic SaaS. We are currently live in 18 cloud regions with database at cloud services with our partners and have an”