ORACLE CORP ORCL
Oracle provides products and services that build, run and support enterprise information technology (IT) frameworks. Our products and services include enterprise applications and infrastructure offerings that incorporate and are enhanced by artificial intelligence (AI) technologies, including embedded AI-driven automation and analytics and generative AI capabilities. These offerings are delivered worldwide through a variety of flexible and interoperable IT deployment models. These models include cloud-based, on-premise and hybrid deployments, such as Oracle Exadata Cloud@Customer and multicloud options that enable customers to use Oracle cloud offerings in conjunction with other public clouds. We provide choice and flexibility to our customers as to when and how they deploy Oracle applications and infrastructure technologies. We believe that offering customers broad, comprehensive, flexible and interoperable deployment models for Oracle applications and infrastructure technologies is important to our growth strategy, an important element of our corporate strategy and better addresses customer needs relative to our competitors.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $67.36B | $57.40B | $52.96B | $49.95B | $42.44B | $40.48B | $39.07B | $39.51B | $39.38B | $37.79B |
| Cost of revenue | — | — | — | — | — | — | — | — | $2.89B | $2.80B |
| Gross profit | — | — | — | — | — | — | — | — | $24.29B | $23.02B |
| R&D | $10.27B | $9.86B | $8.91B | $8.62B | $7.22B | $6.53B | $6.07B | $6.03B | $6.08B | $6.15B |
| SG&A | $1.62B | $1.60B | $1.55B | $1.58B | $1.32B | $1.25B | $1.18B | $1.26B | $1.28B | $1.17B |
| Total operating expenses | $46.75B | $39.72B | $37.61B | $36.86B | $31.51B | $25.27B | $25.17B | $25.97B | $26.12B | $24.88B |
| Operating income | $20.61B | $17.68B | $15.35B | $13.09B | $10.93B | $15.21B | $13.90B | $13.54B | $13.26B | $12.91B |
| Interest expense | $4.60B | $3.58B | $3.51B | $3.50B | $2.75B | $2.50B | $2.00B | $2.08B | $2.02B | $1.80B |
| Pre-tax income | $19.55B | $14.16B | $11.74B | $9.13B | $7.65B | $14.49B | $12.06B | $12.27B | $12.89B | $11.52B |
| Income tax | $2.47B | $1.72B | $1.27B | $623.0M | $932.0M | $747.0M | $1.93B | $1.19B | $8.84B | $2.23B |
| Net income | $17.09B | $12.44B | $10.47B | $8.50B | $6.72B | $13.75B | $10.13B | $11.08B | $3.59B | $9.45B |
| EPS, basic | 5.94 | 4.46 | 3.82 | 3.15 | 2.49 | 4.67 | 3.16 | 3.05 | 0.87 | 2.30 |
| EPS, diluted | 5.83 | 4.34 | 3.71 | 3.07 | 2.41 | 4.55 | 3.08 | 2.97 | 0.85 | 2.24 |
| Shares, diluted (wtd. avg.) | $2.91B | $2.87B | $2.82B | $2.77B | $2.79B | $3.02B | $3.29B | $3.73B | $4.24B | $4.22B |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $31.29B | $10.79B | $10.45B | $9.77B | $21.38B | $30.10B | $37.24B | $20.51B | $21.62B | $21.78B |
| Short-term investments | $605.0M | $417.0M | $207.0M | $422.0M | $519.0M | $16.46B | $5.82B | $17.31B | $45.64B | — |
| Receivables | $10.38B | $8.56B | $7.87B | $6.92B | $5.95B | $5.41B | $5.55B | $5.13B | $5.14B | $5.30B |
| Inventory | — | $303.0M | $334.0M | $298.0M | $314.0M | $142.0M | $211.0M | $320.0M | $398.0M | $300.0M |
| Total current assets | $46.57B | $24.58B | $22.55B | $21.00B | $31.63B | $55.57B | $52.14B | $46.39B | $76.16B | $74.52B |
| Property, plant and equipment | $99.96B | $43.52B | $21.54B | $17.07B | $9.72B | $7.05B | $6.24B | $6.25B | $5.90B | $5.32B |
| Goodwill | $62.26B | $62.21B | $62.23B | $62.26B | $43.81B | $43.94B | $43.77B | $43.78B | $43.76B | $43.05B |
| Other intangibles | $3.23B | $4.59B | $6.89B | $9.84B | $1.44B | $2.43B | $3.74B | $5.28B | $6.67B | $7.68B |
| Total assets | $261.76B | $168.36B | $140.98B | $134.38B | $109.30B | $131.11B | $115.44B | $108.71B | $137.85B | $134.99B |
| Accounts payable | $10.98B | $5.11B | $2.36B | $1.20B | $1.32B | $745.0M | $637.0M | $580.0M | $529.0M | $599.0M |
| Short-term debt | $7.20B | $7.27B | $10.61B | $4.06B | $3.75B | $8.25B | $2.37B | $4.49B | $4.49B | $9.80B |
| Total current liabilities | $41.76B | $32.64B | $31.54B | $23.09B | $19.51B | $24.16B | $17.20B | $18.63B | $19.12B | $24.18B |
| Long-term debt | — | — | — | — | $0 | — | — | — | — | — |
| Retained earnings | -$4.31B | -$15.48B | -$22.63B | -$27.62B | -$31.34B | -$20.12B | -$12.70B | -$3.50B | $19.11B | $27.60B |
| Total equity | $42.51B | $20.45B | $9.24B | $1.56B | -$5.77B | $5.95B | $12.72B | $22.36B | $46.87B | $55.13B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $31.98B | $20.82B | $18.67B | $17.16B | $9.54B | $15.89B | $13.14B | $14.55B | $15.39B | $14.13B |
| Depreciation and amortisation | $7.62B | $3.87B | $3.13B | $2.53B | $1.97B | $1.54B | $1.38B | $1.23B | $1.17B | $1.00B |
| Stock-based compensation | $4.81B | $4.67B | $3.97B | $3.55B | $2.61B | $1.84B | $1.59B | $1.65B | $1.61B | $1.35B |
| Capital expenditure | $55.66B | $21.21B | $6.87B | $8.70B | $4.51B | $2.13B | $1.56B | $1.66B | $1.74B | $2.02B |
| Investing cash flow | -$51.85B | -$21.71B | -$7.36B | -$36.48B | $11.22B | -$13.10B | $9.84B | $26.56B | -$5.62B | -$21.49B |
| Financing cash flow | $40.28B | $1.10B | -$10.55B | $7.91B | -$29.13B | -$10.38B | -$6.13B | -$42.06B | -$9.98B | $9.09B |
| Dividends paid | $5.79B | $4.74B | $4.39B | $3.67B | $3.46B | $3.06B | $3.07B | $2.93B | $3.14B | $2.63B |
| Buybacks | $95.0M | $600.0M | $1.20B | $1.30B | $16.25B | $20.93B | $19.24B | $36.14B | $11.35B | $3.56B |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-277521.
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