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Contact : Ken Bond Oracle Investor Relations 1.650.607.0349 ken.bond@oracle.com ORACLE Deborah Hellinger Oracle Corporate Communications 1.212.508.7935 deborah.hellinger@oracle.com Oracle Announces Fiscal 2022 Second Quarter Financial Results Total Revenue up 6 % to $ 10.4 Billion Total Cloud Revenue ( laaS plus SaaS ) up 22 % to $ 2.7 Billion Fusion ERP cloud revenue up 35 % , NetSuite ERP cloud revenue up 29 % AUSTIN , Texas , December 9 , 2021 -- Oracle Corporation ( NYSE : ORCL ) today announced fiscal 2022 Q2 results . Total quarterly revenues were up 6 % year - over - year to $ 10.4 billion . Cloud services and license support revenues were up 6 % to $ 7.6 billion . Cloud license and on - premise license revenues were up 13 % to $ 1.2 billion . Oracle's Q2 GAAP results were adversely impacted by the payment of a judgment related to a ten year old dispute surrounding former CEO Mark Hurd's employment . That payment resulted in a Q2 GAAP operating loss of $ 824 million and a loss per share of $ 0.46 . Q2 Non - GAAP operating income was up 6 % to $ 4.9 billion and earnings per share was up 14 % to $ 1.21 . Short - term deferred revenues were $ 7.9 billion . Operating cash flow was $ 10.3 billion during the trailing twelve months . " Oracle's Q2 Non - GAAP earnings per share was up 14 % to $ 1.21 - beating guidance by $ 0.10 , " said Oracle CEO , Safra Catz . " Constant currency revenue beat guidance by $ 200 million . These strong results are being driven by the 22 % growth of our infrastructure and applications cloud businesses which are approaching $ 11 billion in annualized revenue . We now have 8,500 Fusion ERP customers with revenue growing 35 % , 28,400 NetSuite ERP customers with revenue growing 29 % , and our Gen2 infrastructure businesses are growing even faster and accelerating . " " Oracle's Autonomous Database and new MySQL Database with HeatWave are the world's two highest - performance databases , " said Oracle Chairman and CTO , Larry Ellison . " Because of their extreme high - performance , both products present huge growth opportunities for our cloud infrastructure business . Oracle database on - premise customers are choosing our Autonomous