Oracle
ORCLQ2 2023(ORCL Q4 FY2023)Estimated1% AI
AI Revenue %
1%
AI Fair Value
$1.6B
AI Revenue (Q)
$129.4M
Total Revenue (Q)
$12.9B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Q4 FY2023 (Mar-May 2023): Full-year FY2023 total revenue $49,954M, with cloud and license $41,086M (14% growth). The FY2023 10-K mentions OCI as an opportunity but provides no AI-specific revenue. AI demand was building through this period as enterprises began exploring GPU cloud options. OCI remained a small fraction of total cloud services. Oracle's total Q4 revenue was approximately $13,836M (FY total minus 9-month total $36,118M). Conservative estimate: ~$138M AI revenue / $13,836M total = 1.0%. Rounding up slightly from prior quarters as AI demand pipeline began forming.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenues $49,954
Item 8: Segment Note, 10-K May 2023
Cloud and license $41,086
Item 8: Segment Note, 10-K May 2023
our belief that our Oracle Cloud Software-as-a-Service (SaaS) and Oracle Cloud Infrastructure (OCI) offerings are opportunities for us to continue to expand our cloud and license business
Forward-Looking Statements, 10-K May 2023
AI Products Identified (Ring 1)
OCI GPU Compute
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 Database
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix