Oracle Q3 Margin Boost as Cloud and AI Demand Rise
Oracle reported Q3 revenue of $19.35 billion, modestly above estimates, and adjusted operating income of $8.15 billion, reflecting a rise in operating margin to 34.8%. The company reconfirmed full-year revenue guidance at $90 billion at the midpoint. Cloud infrastructure growth was driven by higher compute and GPU demand, while embedded AI in Fusion and NetSuite showed strong usage, including 150 million AI interactions and 2,300 AI agents in production.