Oracle
ORCLQ1 2024(ORCL Q3 FY2024)Estimated2.5% AI
AI Revenue %
2.5%
AI Fair Value
$4.3B
AI Revenue (Q)
$332.7M
Total Revenue (Q)
$13.3B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q3 FY2024 (Dec 2023-Feb 2024): Total revenue $13,280M. Cloud services and license support $9,963M. Capital expenditures accelerated ($4,068M YTD 9 months vs $6,782M prior year same period -- but prior year included Cerner data centers). PP&E reached $19,117M. Oracle was aggressively expanding GPU capacity for AI workloads and signing large OCI deals. However, the filing provides no specific AI revenue figures. Most cloud revenue remained traditional SaaS and database cloud services. Conservative estimate: ~$332M AI revenue / $13,280M total = 2.5%.
Analyzed by claude-opus-4-6
Quoted Figures
Cloud services and license support $9,963
Income Statement, 10-Q Feb 2024
Total revenues $13,280
Income Statement, 10-Q Feb 2024
Property, plant and equipment, net $19,117
Balance Sheet, 10-Q Feb 2024
AI Products Identified (Ring 1)
OCI GPU ComputeOCI Supercluster
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Oracle Cloud InfrastructureOracle Autonomous DatabaseOCI AI Services
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix