---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-047471"
form_type: "8-K"
ticker: "ORCL"
cik: "0001341439"
company_name: "ORACLE CORP"
filed_at: "2023-09-11T23:59:59+00:00"
generated_at: "2026-06-10T21:37:19.300398+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Oracle Q1 FY2024: EPS $0.86/$1.19 (GAAP/non-GAAP); cloud revenue up 30% to $4.6B

## Summary
- Total revenue $12.5B, up 9% YoY; cloud services & license support $9.5B (+13%).
- Cloud infrastructure revenue $1.5B, up 66% YoY; AI companies signed $4B in Gen2 Cloud contracts.
- Fusion Cloud ERP $0.8B (+21%), NetSuite Cloud ERP $0.7B (+21%).
- Board declared $0.40/quarter dividend, payable Oct 26, 2023 (record Oct 12).
- Operating cash flow $7.0B (+9%); free cash flow $5.7B (+21%).

## SEC filing metadata
- accession: 0000950170-23-047471
- form_type: 8-K
- ticker: ORCL
- cik: 0001341439
- company_name: ORACLE CORP
- filed_at: 2023-09-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1341439/000095017023047471/0000950170-23-047471-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1341439/000095017023047471/orcl-20230911.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-047471
- JSON: https://secwatch.observer/filing/0000950170-23-047471.json
- Plain text: https://secwatch.observer/filing/0000950170-23-047471.txt

## Key facts
- Earnings Releases
  ORACLE CORP reported fiscal 2024 Q1 results: revenue $12.5 billion, net income $2.4 billion, EPS $0.86.
  - Period: fiscal 2024 Q1
  - Revenue: $12.5 billion
  - Net income: $2.4 billion
  - EPS: $0.86
  - Result: reported results
  source text: Oracle Corporation (NYSE: ORCL) today announced fiscal 2024 Q1 results. Total quarterly revenues were up 9% year-over-year in USD and up 8% in constant currency to $12.5 billion.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1341439/000095017023047471/0000950170-23-047471-index.htm
- Earnings Releases
  ORACLE CORP reported fiscal first quarter ended August 31, 2023 results: revenue $12.5 billion, net income $2.4 billion, EPS $0.86.
  - Period: fiscal first quarter ended August 31, 2023
  - Revenue: $12.5 billion
  - Net income: $2.4 billion
  - EPS: $0.86
  - Result: reported results
  source text: Oracle Announces Fiscal 2024 First Quarter Financial Results • Q1 GAAP Earnings per Share $0.86, Non-GAAP Earnings per Share $1.19 • Q1 Total Revenue $12.5 billion, up 9% in USD, up 8% in constant currency • Q1 Cloud Revenue (IaaS plus SaaS) $4.6 billion, up 30% in USD, up 29% in constant currency • Q1 Cloud Infrastructure (IaaS) Revenue
  evidence_url: https://www.sec.gov/Archives/edgar/data/1341439/000095017023047471/0000950170-23-047471-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.