Exhibit 99.3

ORACLE CORPORATION

UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS

The following unaudited pro forma condensed combined financial statements are based on the historical financial statements of Oracle Corporation and Oracle America, Inc. (formerly known as Sun Microsystems, Inc.) (Sun) after giving effect to Oracle’s acquisition of Sun on January 26, 2010, the issuances of $4.5 billion of senior notes and $1.76 billion of Commercial Paper Notes prior to the date of acquisition (the Debt Issuance), and the assumptions, reclassifications and adjustments described in the accompanying notes to the unaudited pro forma condensed combined financial statements.

The unaudited pro forma condensed combined balance sheet as of November 30, 2009 is presented as if our acquisition of Sun and the issuance of Commercial Paper Notes had occurred on November 30, 2009.

The unaudited pro forma condensed combined statements of operations for the six months ended November 30, 2009, and year ended May 31, 2009, are presented as if the Sun acquisition and the Debt Issuance had occurred on June 1, 2008 and were carried forward through each of the aforementioned periods presented.

The preliminary allocation of the purchase price used in the unaudited pro forma condensed combined financial statements is based upon preliminary estimates. These preliminary estimates and assumptions are subject to change during the measurement period (up to one year from the acquisition date) as we finalize the valuations of the net tangible and intangible assets acquired in connection with our acquisition of Sun.

The unaudited pro forma condensed combined financial statements are not intended to represent or be indicative of our consolidated results of operations or financial position that we would have reported had the Sun acquisition and the Debt Issuance been completed as of the dates presented, and should not be taken as a representation of our future consolidated results of operations or financial position. The unaudited pro forma condensed combined financial statements do not reflect any operating efficiencies and/or cost savings that we may achieve with respect to the combined companies.

The unaudited pro forma condensed combined financial statements should be read in conjunction with the historical consolidated financial statements and accompanying notes of Oracle and Sun included in the respective Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q.

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ORACLE CORPORATION

UNAUDITED PRO FORMA CONDENSED COMBINED BALANCE SHEET

As of November 30, 2009

See notes to unaudited pro forma condensed combined financial statements.

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ORACLE CORPORATION

UNAUDITED PRO FORMA CONDENSED COMBINED STATEMENT OF OPERATIONS

For the Six Months Ended November 30, 2009

See notes to unaudited pro forma condensed combined financial statements.

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ORACLE CORPORATION

UNAUDITED PRO FORMA CONDENSED COMBINED STATEMENT OF OPERATIONS

For the Year Ended May 31, 2009

See notes to unaudited pro forma condensed combined financial statements.

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ORACLE CORPORATION

NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS

The unaudited pro forma condensed combined balance sheet as of November 30, 2009, and the unaudited pro forma condensed combined statements of operations for the six months ended November 30, 2009, and for the year ended May 31, 2009, are based on the historical financial statements of Oracle Corporation and Oracle America, Inc. (formerly known as Sun Microsystems, Inc.) (Sun) after giving effect to Oracle’s acquisition of Sun on January 26, 2010, the Debt Issuance, and the assumptions, reclassifications and adjustments described in the accompanying notes to the unaudited pro forma condensed combined financial statements.

We account for business combinations pursuant to Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 805, Business Combinations. In accordance with ASC 805, we recognize separately from goodwill, the identifiable assets acquired, the liabilities assumed, and any noncontrolling interests in an acquiree, generally at the acquisition date fair value as defined by ASC 820, Fair Value Measurements and Disclosures. Goodwill as of the acquisition date is measured as the excess of consideration transferred, which is also generally measured at fair value, and the net of the acquisition date amounts of the identifiable assets acquired and the liabilities assumed.

We have made significant assumptions and estimates in determining the preliminary estimated purchase price and the preliminary allocation of the estimated purchase price in the unaudited pro forma condensed combined financial statements. These preliminary estimates and assumptions are subject to change during the measurement period (up to one year from the acquisition date) as we finalize the valuations of the net tangible assets, intangible assets and resultant goodwill. In particular, the final valuations of identifiable intangible and net tangible assets may change significantly from our preliminary estimates. These changes could result in material variances between our future financial results and the amounts presented in these unaudited pro forma condensed combined financial statements, including variances in fair values recorded, as well as expenses and cash flows associated with these items.

The unaudited pro forma condensed combined financial statements do not include the effects of any future restructuring activities that pertain to the restructuring of our operations pursuant to the Sun Restructuring Plan, which we adopted in the third quarter of fiscal 2010 to improve the cost efficiencies in our merged operations, or pursuant to our Fiscal 2009 Oracle Restructuring Plan. In accordance with the requirements of ASC 805, acquired company restructuring activities initiated by us must be accounted for separately from the business combination in accordance with ASC 420, Exit or Disposal Cost Obligations. Any future restructuring expenses may be material and may include costs for severance, costs of vacating facilities and costs to exit or terminate other duplicative activities. Future restructuring expenses are expected to be incurred over the remainder of fiscal 2010 and during fiscal 2011 and are recorded to our operating expenses in the period that these expenses are incurred.

The unaudited pro forma condensed combined financial statements are not intended to represent or be indicative of our consolidated results of operations or financial position that would have been reported had the Sun acquisition and the Debt Issuance been completed as of the dates presented, and should not be taken as a representation of our future consolidated results of operations or financial position. The unaudited pro forma condensed combined financial statements do not reflect any operating efficiencies and associated cost savings that we may achieve with respect to the combined companies.

The unaudited pro forma condensed combined financial statements should be read in conjunction with Oracle’s and Sun’s historical consolidated financial statements and accompanying notes included in each company’s respective Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q.

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ORACLE CORPORATION

NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS – (continued)

Accounting Periods Presented

Sun’s historical fiscal year ended on June 30 and, for purposes of these unaudited pro forma condensed combined financial statements, its historical results have been aligned to more closely conform to Oracle’s May 31 fiscal year end as explained below. Certain pro forma adjustments were made to conform Sun’s accounting policies to Oracle’s accounting policies as noted below.

The unaudited pro forma condensed combined balance sheet as of November 30, 2009 is presented as if the Sun acquisition and issuance of the Commercial Paper Notes had occurred on November 30, 2009, and due to different fiscal period ends, combines the historical balance sheet of Oracle at November 30, 2009 and the historical balance sheet of Sun at September 27, 2009.

The unaudited pro forma condensed combined statements of operations of Oracle and Sun for the six months ended November 30, 2009 and year ended May 31, 2009 are presented as if the Sun acquisition and the Debt Issuance had taken place on June 1, 2008. Due to different fiscal period ends, the pro forma statement of operations for the six months ended November 30, 2009 combines the historical results of Oracle for the six months ended November 30, 2009 and the historical results of Sun for the six months ended September 27, 2009. The historical results of Sun for the six months ended September 27, 2009 were derived by taking the historical results of operations of Sun for the year ended June 30, 2009, subtracting Sun’s historical results of operations for the nine months ended March 29, 2009 and adding Sun’s historical results of operations for the three months ended September 27, 2009.

The pro forma statement of operations of Oracle and Sun for the year ended May 31, 2009, due to different fiscal period ends, combines the historical results of Oracle for the year ended May 31, 2009 and the historical results of Sun for the year ended June 30, 2009 after retrospectively applying the requirements of ASC 470, Debt. Due to the latest fiscal year and interim period financial information being readily available for Sun, Sun’s results of operations for the three months ended June 30, 2009 were included in all periods presented in the unaudited pro forma condensed combined statements of operations.

Reclassifications

The following reclassifications have been made to the presentation of Sun’s historical financial statements in order to conform to Oracle’s presentation:

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ORACLE CORPORATION

NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS – (continued)

We acquired Sun Microsystems, Inc. on January 26, 2010, by means of a merger of a wholly owned subsidiary with and into Sun such that Sun became a wholly owned subsidiary of Oracle and was renamed “Oracle America, Inc.” We acquired Sun to, among other things, expand our product offerings by adding Sun’s existing hardware systems business and broadening our software and services offerings.

The estimated purchase price of and purchase price allocation for Sun, as presented below, represents our best estimates. These estimates are preliminary as we are still in the process of finalizing the majority of the amounts presented.

Preliminary Purchase Price

The total preliminary purchase price for Sun was $7.3 billion and was comprised of:

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ORACLE CORPORATION

NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS – (continued)

Fair Value Estimate of Stock Options and Restricted Stock-Based Awards Assumed

As of January 26, 2010, Sun had approximately 54 million stock options and 19 million restricted stock-based awards outstanding. In accordance with the Agreement and Plan of Merger dated April 19, 2009 (Merger Agreement), the conversion ratio of the number of shares to be issued for each Sun stock option or restricted stock-based award assumed was based upon a conversion ratio of 0.3849, which was calculated as the consideration price of $9.50 paid by Oracle for each Sun share of common stock outstanding divided by the average Oracle stock price for five trading days prior to the closing date of January 26, 2010.

The preliminary fair values of stock options assumed were determined using a Black-Scholes-Merton valuation model with the following assumptions: weighted average expected life of 2.7 years, weighted average risk-free interest rate of 1.1%, weighted average expected volatility of 27% and a weighted average dividend yield of 0.8%. The preliminary fair values of unvested Sun stock options and restricted stock-based awards will be recorded as operating expenses on a straight-line basis over the remaining service periods, while the preliminary fair values of vested stock options and restricted stock-based awards are included in the total purchase price.

Preliminary Purchase Price Allocation

Pursuant to our business combinations accounting policy, the total preliminary purchase price for Sun was allocated to the preliminary net tangible and intangible assets based upon their preliminary fair values as of January 26, 2010 as set forth below. The excess of the preliminary purchase price over the preliminary net tangible assets and preliminary intangible assets was recorded as goodwill. The preliminary allocation of the purchase price was based upon a preliminary valuation and our estimates and assumptions are subject to change within the measurement period (up to one year from the acquisition date). The primary areas of the preliminary purchase price allocation that are not yet finalized relate to the fair values of certain tangible assets and liabilities acquired, the valuation of intangible assets acquired, certain legal matters, income and non-income based taxes and residual goodwill. We expect to continue to obtain information to assist us in determining the fair value of the net assets acquired at the acquisition date during the measurement period. Our preliminary purchase price allocation for Sun is as follows:

Preliminary Valuations of Intangible Assets Acquired

The following table sets forth the preliminary components of intangible assets acquired in connection with the Sun acquisition:

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ORACLE CORPORATION

NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS – (continued)

Hardware systems support agreements and related relationships and customer relationships represent the fair values of the underlying relationships and agreements with Sun’s customers. Developed technology represents the fair values of Sun products that have reached technological feasibility and are a part of Sun’s product lines. Core technology represents the fair values of the Sun processes, patents and trade secrets related to the design and development of Sun’s products. This proprietary know-how can be leveraged to develop new technology and improve our existing products. Trademarks represent the fair values of brand and name recognition associated with the marketing of Sun’s products and services. In-process research and development represents the fair values of incomplete Sun research and development projects that had not reached technological feasibility as of the date of acquisition.

Preliminary Pre-Acquisition Contingencies Assumed

We have evaluated and continue to evaluate pre-acquisition contingencies relating to Sun that existed as of the acquisition date. We have preliminarily determined that certain of these pre-acquisition contingencies are probable in nature and estimable as of the acquisition date and, accordingly, have preliminarily recorded our best estimates for these contingencies as a part of the preliminary purchase price allocation for Sun. We continue to gather information for and evaluate substantially all pre-acquisition contingencies that we have assumed from Sun. If we make changes to the amounts recorded or identify additional pre-acquisition contingencies during the remainder of the measurement period, such amounts recorded will be included in the purchase price allocation during the measurement period and, subsequently, in our results of operations.

Commercial Paper Program

Prior to our acquisition of Sun on January 26, 2010, we issued $1.76 billion of unsecured short-term commercial paper notes (Commercial Paper Notes) pursuant to our commercial paper program, which allows us to issue and sell unsecured short-term promissory notes pursuant to a private placement exemption from the registration requirements under federal and state securities laws (see Note 7 of Notes to Consolidated Financial Statements included in our fiscal 2009 Annual Report on Form 10-K for further information regarding our commercial paper program), at a weighted average yield, including issuance cost, of 0.17%. We issued these Commercial Paper Notes to finance a portion of our purchase price for our acquisition of Sun and for general corporate purposes. As of February 28, 2010, we had $951 million of Commercial Paper Notes outstanding at a weighted average yield, including issuance costs, of 0.18% that mature at various dates through June 14, 2010.

Senior Notes and Other

In July 2009, we issued $4.5 billion of fixed rate senior notes comprised of $1.5 billion of 3.75% notes due July 2014 (2014 Notes), $1.75 billion of 5.00% notes due July 2019 (2019 Notes) and $1.25 billion of 6.125% notes due July 2039 (2039 Notes and, together with 2014 Notes and 2019 Notes, the Senior Notes). We issued the Senior Notes for general corporate purposes and for our acquisition of Sun and acquisition related expenses.

The effective interest yields of the 2014 Notes, 2019 Notes and 2039 Notes at November 30, 2009 were 3.75%, 5.06% and 6.19%, respectively. In September 2009, we entered into interest rate swap agreements that have the economic effect of modifying the fixed interest obligations associated with the 2014 Notes so that the interest payable on these notes effectively became variable (1.38% at November 30, 2009).

Separately, shortly after the closing of our acquisition of Sun we repaid, in full, $700 million of Sun’s legacy convertible notes in the third quarter of fiscal 2010.

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ORACLE CORPORATION

NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS – (continued)

The following pro forma adjustments are included in our unaudited pro forma condensed combined financial statements:

(A) To record the following adjustments to cash and cash equivalents:

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ORACLE CORPORATION

NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS – (continued)

The preliminary net increase in deferred tax assets is primarily attributable to our ability to utilize certain net operating loss and tax credit carryforwards from Sun, which were partially offset by certain acquired deferred tax liabilities including those associated with intangible assets acquired.

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ORACLE CORPORATION

NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS – (continued)

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ORACLE CORPORATION

NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS – (continued)

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ORACLE CORPORATION

NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS – (continued)

We assumed all of Sun’s equity plans including the rights, terms and conditions of the plans under which the stock options and restricted stock-based awards were originally granted. These rights, terms and conditions include providing for accelerated vesting of unvested stock options and restricted stock-based awards for certain eligible employees. Stock-based compensation expenses based upon preliminary fair values presented in the above tables and in the unaudited pro forma condensed combined statements of operations exclude the impact of stock-based compensation expenses resulting from the acceleration of stock options and restricted stock-based awards that we expect to record in periods subsequent to the Sun acquisition date as we expect the accelerated stock-based compensation expenses to be non-recurring with respect to our acquisition of Sun. The accelerated stock-based compensation expenses have no net impact as a pro forma adjustment to stockholders’ equity in the unaudited pro forma condensed combined balance sheet.

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ORACLE CORPORATION

NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS – (continued)

The pro forma basic and diluted earnings per share amounts presented in our unaudited pro forma condensed combined statements of operations are based upon the weighted average number of our common shares outstanding and are adjusted for additional stock options and restricted stock-based awards assumed from Sun stock option and restricted stock-based award plans pursuant to the treasury stock method as if those awards had been assumed as they stood at the acquisition date as of the beginning of each period presented without consideration for any subsequent award activity such as exercises and cancellations. Our acquisition of Sun had substantially no impact to our basic weighted average common shares outstanding calculations for the unaudited pro forma condensed combined statements of operations periods presented.

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