“We expect the cloud database revenues collectively, will be the third driver of revenue growth alongside OCI and strategic SaaS.”

In context

“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 another 40 planned with Azure, Google and AWS. Now finally, database subscription revenues, which includes license support, were up 6%. Application subscription revenues, which again, include product support, were $4.8 billion and up 6% [too] (ph). Our strategic back-office SaaS applications now have annualized revenue of $8.6 billion and were up 8%. Software license revenues were down 8% to $1.1 billion. So all in, total revenues for the quarter were $14.1 billion, up 8% from last year. Now shifting to gross profit and operating income, the gross profit dollars of cloud services and license support grew 10% in Q3. We continue to focus on operating expense discipline, which collectively co”