Oracle Corporation (ORCL) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 27	$1.74	$1.92	+10.3%	—	—	—
Q1 27	$1.96	$2.11	+7.7%	—	—	—
Q4 26	$1.69	$1.79	+5.9%	—	—	—
Q3 26	$1.64	$2.26	+37.8%	—	—	—
Q2 26	$1.48	$1.47	-0.7%	—	—	—
Q1 26	$1.64	$1.7	+3.7%	—	—	—
Q4 25	$1.49	$1.47	-1.3%	—	—	—
Q3 25	$1.48	$1.47	-0.7%	—	—	—
Q2 25	$1.33	$1.39	+4.5%	—	—	—
Q1 25	$1.65	$1.63	-1.2%	—	—	—
Q4 24	$1.38	$1.41	+2.2%	—	—	—
Q3 24	$1.32	$1.34	+1.5%	—	—	—
Q2 24	$1.15	$1.19	+3.5%	—	—	—
Q1 24	$1.58	$1.67	+5.7%	—	—	—
Q4 23	$1.2	$1.22	+1.7%	—	—	—
Q3 23	$1.18	$1.21	+2.5%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$5.94	—	—	$67.4B	—
FY25	—	$4.46	—	—	$57.4B	—
FY24	—	$3.82	—	—	$53B	—
FY23	—	$3.15	—	—	$50B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$37.8B	$39.4B	$39.5B	$39.1B	$40.5B	$42.4B	$50B	$53B	$57.4B	$67.4B
YoY change	+2.01%	+4.21%	+0.31%	-1.11%	+3.61%	+4.84%	+17.7%	+6.02%	+8.38%	+17.3%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	37.8B	39.4B	39.5B	39.1B	40.5B	42.4B	50B	53B	57.4B	67.4B
Cost of revenue	7.5B	8.1B	8B	7.9B	7.9B	8.9B	13.6B	15.1B	16.9B	23B
Gross profit	30.3B	31.3B	31.5B	31.1B	32.6B	33.6B	36.4B	37.8B	40.5B	44.3B
Gross margin	80.3%	79.5%	79.8%	79.7%	80.6%	79.1%	72.8%	71.4%	70.5%	65.8%
Research & development	6.2B	6.1B	6B	6.1B	6.5B	7.2B	8.6B	8.9B	9.9B	10.3B
Selling, general & administrative	9.3B	9.7B	9.8B	9.3B	8.9B	9.4B	10.4B	9.8B	10.3B	9.9B
Operating expenses	15.4B	15.8B	15.8B	15.4B	15.6B	21.3B	19.1B	18.7B	20.1B	20.2B
Operating income	13.5B	13.9B	14B	14.2B	15.8B	15.8B	13.8B	16.1B	18.1B	22.4B
Operating margin	35.7%	35.3%	35.5%	36.4%	39%	37.3%	27.6%	30.3%	31.5%	33.3%
Non-operating income, net	-805M	-658M	-764M	-671M	-388M	-5.5B	-1.4B	-1.3B	-892M	929M
Pretax income	11.7B	12.4B	12.3B	12.1B	13B	7.6B	9.1B	11.7B	14.2B	19.6B
Income tax	2.2B	8.8B	1.2B	1.9B	-747M	932M	623M	1.3B	1.7B	2.5B
Net income	9.5B	3.6B	11.1B	10.1B	13.7B	6.7B	8.5B	10.5B	12.4B	17.1B
Net margin	25%	9.11%	28.1%	25.9%	34%	15.8%	17%	19.8%	21.7%	25.4%
EBITDA	16.6B	17.9B	17.9B	17.5B	18.8B	18.8B	20B	22.6B	24.7B	32.6B
EPS	2.27	0.93	3.05	3.16	4.67	2.49	3.15	3.82	4.46	5.94
Diluted EPS	2.21	0.9	2.97	3.08	4.55	2.41	3.07	3.71	4.34	5.83

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	12.9B	13.3B	14.3B	13.3B	14.1B	14.1B	15.9B	14.9B	16.1B	17.2B	19.2B	—
Cost of revenue	3.7B	3.9B	3.9B	3.9B	4.1B	4.2B	4.7B	4.9B	5.4B	6.1B	6.7B	—
Gross profit	9.2B	9.4B	10.4B	9.4B	10B	9.9B	11.2B	10B	10.7B	11.1B	12.5B	—
Gross margin	71.1%	70.9%	72.5%	70.6%	70.9%	70.3%	70.2%	67.3%	66.5%	64.6%	65.2%	—
Research & development	2.2B	2.2B	2.2B	2.3B	2.5B	2.4B	2.7B	2.5B	2.6B	2.6B	2.6B	—
Selling, general & administrative	2.5B	2.4B	2.5B	2.4B	2.6B	2.5B	2.8B	2.4B	2.6B	2.4B	2.5B	—
Operating expenses	4.7B	4.7B	4.7B	4.7B	5B	4.9B	5.4B	4.9B	5.1B	5B	5.1B	—
Operating income	3.8B	4B	4.9B	4.1B	4.3B	4.4B	5.2B	4.7B	5.2B	5.6B	7B	—
Operating margin	29%	30.1%	34.1%	30.6%	30.8%	31.5%	32.6%	31.4%	32.1%	32.8%	36.3%	—
Non-operating income, net	-277M	-365M	-290M	-199M	-228M	-244M	-221M	-445M	2B	-237M	-436M	—
Pretax income	2.7B	2.9B	3.8B	3.2B	3.4B	3.4B	4.2B	3.4B	6.3B	4.4B	5.4B	—
Income tax	217M	464M	638M	240M	239M	512M	725M	500M	207M	695M	1.1B	—
Net income	2.5B	2.4B	3.1B	2.9B	3.2B	2.9B	3.4B	2.9B	6.1B	3.7B	4.3B	—
Net margin	19.3%	18.1%	22%	22%	22.4%	20.8%	21.5%	19.6%	38.2%	21.6%	22.4%	—
EBITDA	5.4B	5.7B	6.5B	5.6B	6B	6.1B	7B	6.6B	7.5B	8.4B	10.1B	—
EPS	0.91	0.87	1.14	1.06	1.13	1.05	—	1.04	2.14	1.29	1.47	1.58
Diluted EPS	0.89	0.85	1.11	1.03	1.1	1.02	—	1.01	2.1	1.27	1.45	1.56

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	186.8B	192.5B	—	—	231.9B	194.2B	285.6B	321.6B	461.7B	645.7B	440.5B
Enterprise value	178.6B	185.9B	—	—	269.6B	248.2B	365.9B	397.8B	554.6B	770B	606.6B
Shares outstanding	4.1B	4.1B	3.6B	3.2B	2.9B	2.7B	2.7B	2.7B	2.8B	2.9B	2.9B

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	19.8	53.7	—	—	16.9	28.9	33.6	30.7	37.1	37.8	26.2
P/S	4.94	4.89	—	—	5.73	4.58	5.72	6.07	8.04	9.59	6.54
P/B	3.44	4.11	—	—	39	-33.7	183.6	34.8	22	15	11.7
EV/EBITDA	10.7	10.4	—	—	14.3	13.2	18.3	17.6	22.4	23.6	19.9
EV/Sales	4.73	4.72	—	—	6.66	5.85	7.32	7.51	9.66	11.4	9.01
Earnings yield	5.06%	1.86%	—	—	5.93%	3.46%	2.98%	3.25%	2.7%	2.65%	3.81%
FCF yield	6.48%	7.09%	—	—	5.93%	2.59%	2.97%	3.67%	-0.09%	-3.67%	-5.57%
PEG	—	—	—	—	—	—	—	—	—	—	13.9

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	80.3%	79.5%	79.8%	79.7%	80.6%	79.1%	72.8%	71.4%	70.5%	65.8%	65.2%
Operating margin	35.7%	35.3%	35.5%	36.4%	39%	37.3%	27.6%	30.3%	31.5%	33.3%	36.2%
Net margin	25%	9.11%	28.1%	25.9%	34%	15.8%	17%	19.8%	21.7%	25.4%	25.4%
ROE	17.4%	7.65%	49.6%	79.7%	230.9%	-116.5%	546.5%	113.3%	59.3%	39.7%	53.4%
ROA	7%	2.6%	10.2%	8.78%	10.5%	6.15%	6.33%	7.42%	7.39%	6.53%	6.5%
ROIC	23.7%	9.98%	31.1%	28.9%	36.2%	28.8%	15.7%	16.8%	13.9%	11.7%	11.7%
Return on tangible assets	28.2%	9.69%	104.6%	49.6%	35.8%	35.7%	-86.7%	382.6%	35.8%	12.5%	12.5%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	3.08	3.98	2.49	3.03	2.3	1.62	0.91	0.72	0.75	1.12	1.11
Quick ratio	3.07	3.98	2.49	3.03	2.3	1.62	0.91	0.72	0.75	1.12	1.12
Debt / equity	1.07	1.29	2.51	5.63	14.2	-13.2	58.1	9.4	4.96	3.63	3.89
Debt / assets	0.43	0.44	0.52	0.62	0.64	0.69	0.67	0.62	0.62	0.6	0.6
Net debt / EBITDA	-0.49	-0.37	1.03	1.63	2	2.87	4.02	3.37	3.76	3.81	3.81
Interest coverage	7.5	7.14	6.89	7.05	6.21	3.78	3.6	4.34	4.96	5.25	5.25
Effective tax rate	19.1%	71.1%	9.66%	16%	0%	12.2%	6.83%	10.9%	12.1%	12.6%	12.6%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	9.18	9.56	10.9	12.2	13.7	15.7	18.5	19.3	20.6	23.6	23.6
EPS (basic)	2.27	0.93	3.05	3.16	4.67	2.49	3.15	3.82	4.46	5.94	5.94
EPS (diluted)	2.21	0.9	2.97	3.08	4.55	2.41	3.07	3.71	4.34	5.83	5.83
Book value per share	13.2	11.4	6.15	3.96	2.02	-2.14	0.58	3.37	7.52	15.1	13
FCF per share	2.94	3.31	3.55	3.6	4.67	1.86	3.14	4.3	-0.14	-8.28	-8.13
Cash per share	16.1	16.3	10.4	13.4	15.8	8.11	3.78	3.89	4.02	11.2	11.1
Capex per share	—	—	—	—	—	—	—	—	—	19.5	19.1

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	—	—	—	—	—	—	—	—	—	82.6%	82.6%
Capex / operating cash flow	—	—	—	—	—	—	—	—	—	174.1%	174.1%
Payout ratio	27.8%	87.5%	26.5%	30.3%	22.3%	51.5%	43.1%	42%	38.1%	33.9%	34.3%
Dividend yield	1.41%	1.63%	—	—	1.32%	1.78%	1.28%	1.37%	1.03%	0.9%	1.33%

Yield

1.33%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.50

ex-dividend Jul 10, 2026

Payout ratio

34%

of earnings

Dividend growth

12 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 10, 2026	$0.50
Apr 9, 2026	$0.50
Jan 9, 2026	$0.50

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	$12.9B	$13.3B	$14.3B	$13.3B	$14.1B	$14.1B	$15.9B	$14.9B	$16.1B	$17.2B	$19.2B	—
YoY change	+5.43%	+7.11%	+3.26%	+6.86%	+8.64%	+6.4%	+11.3%	+12.2%	+14.2%	+21.7%	+20.6%	—

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	66.1B	67.3B	37.8B	43.1B	46.6B	21.9B	10.2B	10.7B	11.2B	31.9B
Receivables	5.3B	5.1B	5.1B	5.6B	5.4B	6B	6.9B	7.9B	8.6B	10.4B
Inventory	300M	—	—	—	—	—	—	—	—	—
Total current assets	74.5B	76.2B	46.4B	52.1B	55.6B	31.6B	21B	22.6B	24.6B	46.6B
Property, plant & equipment	1.8B	2B	2B	1.9B	2.3B	5B	11.2B	15B	32.6B	108.4B
Goodwill & intangibles	101.4B	100.8B	98.1B	95B	92.7B	90.5B	144.2B	138.2B	133.6B	124.5B
Total assets	135B	137.9B	108.7B	115.4B	131.1B	109.3B	134.4B	141B	168.4B	261.8B
Accounts payable	599M	529M	580M	637M	745M	1.3B	1.2B	2.4B	5.1B	11B
Short-term debt	9.8B	4.5B	4.5B	2.4B	8.3B	3.7B	4.1B	10.6B	7.3B	7.2B
Total current liabilities	24.2B	19.1B	18.6B	17.2B	24.2B	19.5B	23.1B	31.5B	32.6B	41.8B
Long-term debt	48.1B	56.1B	51.7B	69.2B	76B	72.1B	86.4B	76.3B	96.8B	149B
Total liabilities	80.7B	91B	86.3B	102.7B	125.2B	115.1B	132.8B	131.7B	147.4B	218.7B
Shareholders' equity	54.2B	46.9B	22.4B	12.7B	6B	-5.8B	1.6B	9.2B	21B	43.1B
Total debt	57.9B	60.6B	56.2B	71.6B	84.2B	75.9B	90.5B	86.9B	104.1B	156.2B
Net debt	36.1B	39B	35.7B	34.4B	54.1B	54.5B	80.7B	76.4B	93.3B	124.9B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Cash & short-term investments	12.1B	8.7B	9.9B	10.7B	10.9B	11.3B	17.8B	11.2B	11B	19.8B	39.1B	31.9B
Receivables	6.5B	6.8B	7.3B	7.9B	8B	8.2B	8.1B	8.6B	8.8B	9.4B	10.7B	10.4B
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	22.2B	19.3B	21.1B	22.6B	23.1B	23.5B	30.1B	24.6B	24.6B	34.4B	54.9B	46.6B
Property, plant & equipment	—	—	—	15B	—	—	—	32.6B	—	—	—	108.4B
Goodwill & intangibles	142.6B	141.2B	139.7B	138.2B	137B	135.8B	134.6B	133.6B	132.8B	131.9B	131.8B	124.5B
Total assets	136.7B	134.3B	137.1B	141B	144.2B	148.5B	161.4B	168.4B	180.4B	205B	245.2B	261.8B
Accounts payable	1B	1.1B	1.7B	2.4B	2.2B	2.7B	2.4B	5.1B	8.2B	10.1B	9.5B	11B
Short-term debt	4.5B	6.3B	5.5B	10.6B	9.2B	8.2B	8.2B	7.3B	9.1B	8.1B	9.9B	7.2B
Total current liabilities	25.4B	24.4B	24.9B	31.5B	32B	29.1B	29.6B	32.6B	39.9B	37.8B	40.7B	41.8B
Long-term debt	84.4B	82.5B	82.5B	76.3B	75.3B	80.5B	88.1B	96.8B	96.3B	116.3B	143.2B	149B
Total liabilities	133.8B	129.9B	130.9B	131.7B	132.9B	134.2B	144.1B	147.4B	155.8B	174.5B	206.2B	218.7B
Shareholders' equity	2.8B	4.4B	6.2B	9.2B	11.3B	14.2B	17.3B	21B	24.7B	30.5B	39.1B	43.1B
Total debt	88.9B	88.8B	88B	86.9B	84.5B	88.6B	96.3B	104.1B	105.4B	124.4B	153.1B	156.2B
Net debt	77.3B	80.5B	78.5B	76.4B	73.9B	77.7B	78.9B	93.3B	95B	105.1B	114.7B	124.9B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	9.5B	3.6B	11.1B	10.1B	13.7B	6.7B	8.5B	10.5B	12.4B	17.1B
Depreciation & amortization	2.5B	2.8B	2.9B	3B	2.9B	3.1B	6.1B	6.1B	6.2B	9.3B
Stock-based compensation	1.4B	1.6B	1.7B	1.6B	1.8B	2.6B	3.5B	4B	4.7B	4.8B
Change in working capital	1.4B	243M	-68M	-1.2B	715M	-1.6B	349M	-903M	-1.1B	2.2B
Operating cash flow	14.3B	7.3B	14.6B	12.9B	16.8B	9.9B	17B	18.3B	21.2B	32B
Capital expenditure	—	—	—	—	—	—	—	—	—	-55.7B
Investing cash flow	-19.5B	-3.9B	28.2B	11.4B	-11B	15.7B	-27.8B	-494M	-496M	-51.9B
Dividends paid	-2.6B	-3.1B	-2.9B	-3.1B	-3.1B	-3.5B	-3.7B	-4.4B	-4.7B	-5.8B
Share repurchases	-3.8B	-11.9B	-36.6B	-19.9B	-21.6B	-17.3B	-2.5B	-3.2B	-1.5B	-206M
Financing cash flow	9.1B	-10B	-42.1B	-6.1B	-10.4B	-29.1B	7.9B	-10.6B	1.1B	38B
Net change in cash	3.9B	-6.5B	714M	18.2B	-4.6B	-3.5B	-2.9B	7.2B	21.8B	18.1B
Free cash flow	12.1B	13.7B	12.9B	11.6B	13.8B	5B	8.5B	11.8B	-394M	-23.7B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Net income	2.4B	2.5B	2.4B	3.1B	2.9B	3.2B	2.9B	3.4B	2.9B	6.1B	3.7B	4.3B
Depreciation & amortization	1.5B	1.6B	1.6B	1.6B	1.4B	1.5B	1.6B	1.7B	1.8B	2.1B	2.6B	2.8B
Stock-based compensation	849M	1B	1B	1B	1B	1.2B	1.2B	1.3B	1.1B	1.2B	1.3B	1.2B
Change in working capital	2.2B	-3B	-34M	-115M	1.7B	-2.8B	230M	-197M	2B	-3.8B	-973M	5B
Operating cash flow	6.6B	1.7B	4.6B	5.3B	7B	2.7B	5.5B	5.9B	8.1B	2.1B	7.2B	14.6B
Capital expenditure	—	—	—	—	—	—	—	—	-8.5B	-12B	-18.6B	-16.5B
Investing cash flow	-248M	-169M	-109M	32M	-462M	182M	-114M	-102M	-8.7B	-7.7B	-19.5B	-15.9B
Dividends paid	-1.1B	-1.1B	-1.1B	-1.1B	-1.1B	-1.1B	-1.1B	-1.4B	-1.4B	-1.4B	-1.4B	-1.5B
Share repurchases	-1.2B	-1.1B	-582M	-327M	-1B	-197M	-152M	-150M	-112M	-92M	-2M	0
Financing cash flow	-4.5B	-1.3B	-2.5B	-2.3B	-12.2B	10.6B	6.6B	-3.8B	-28M	14.7B	31.5B	-8.2B
Net change in cash	1.9B	263M	2B	3.1B	-5.6B	13.5B	12B	2B	-606M	9.1B	19.1B	-9.5B
Free cash flow	5.7B	-937M	3.8B	3.3B	5.1B	-2.7B	71M	-2.9B	-362M	-10B	-11.5B	-1.9B

Date	Ratio
Oct 13, 2000	2:1
Jan 19, 2000	2:1
Mar 1, 1999	3:2
Aug 18, 1997	3:2
Apr 17, 1996	3:2
Feb 23, 1995	3:2
Nov 9, 1993	2:1
Jul 3, 1989	2:1
Dec 21, 1987	2:1
Mar 25, 1987	2:1

Oracle Corporation Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history