ORCLOracle Corporation
Oracle provides products and services that build, run and support enterprise information technology (IT) frameworks. 10-K, Item 1
- Employees
- 141,000
- Headquarters
- Austin, TX
- CEO
- Safra Catz
- Next results
- around Dec 9, 2026
All key numbers (41) From EDGAR
| EPS (ttm) | 6.38 | Sales (ttm) | 71.8B | Net income (ttm) | 18.9B | Sales growth | +17.3% | EPS growth | +34.3% | Sales Q/Q | +29.6% |
| Free cash flow | -28.7B | Gross margin | - | Oper. margin | 32.1% | Net margin | 26.4% | FCF margin | -40.0% | ROE | 28.3% |
| ROA | 6.2% | R&D / sales | 15.3% | Dividend | 2.00 | Debt/Eq | 1.88 | Curr. ratio | 1.17 | Cash | 36.4B |
| Op. cash flow (ttm) | 46.9B | EBITDA | 28.2B | EBITDA margin | 41.9% | Net debt | 89.0B | Quick ratio | 1.16 | Interest cover | 4.48 |
| ROIC | 7.7% | Payout ratio | 34.3% | Tax rate | 28.4% | Stock pay / sales | 7.1% | Shares out. | 3.0B | Shares Y/Y | +1.7% |
| Book / share | 22.08 | Cash / share | 12.03 | Sales / share | 23.74 | Asset turnover | 0.24 | Days sales out. | 56 | Sales 3Y CAGR | +10.5% |
| Sales 5Y CAGR | +10.7% | EPS 3Y CAGR | +23.8% | EPS 5Y CAGR | +5.1% | Employees | 141,000 | Sales / employee | 509K |
Hover or tap a number to see the XBRL line item and filing it comes from; click it to open that filing at SEC. What each number means. Looks wrong? Tell us.
Changes in the numbers
FY2026 against FY2025-
Debt rose 40%$92.6B → $129.5B · Short-term + long-term debt at year end
-
Revenue growth sped up to +17.3%+8.4% → +17.3% · Revenue FY2026 / revenue FY2025 − 1, against the same a year earlier · 10-K ↗
ORCL against Technology peers
Ten years, side by side → · All 75 →Each side 0 to 100, ranked against every company we cover: relative position on reported figures, not a buy score. How
Every dot is one of the 75 companies, the better end on the right. Hover a dot for the company.
| Company | Revenue (ttm) | Sales growth | Gross margin | Net margin | ROE | FCF margin | Debt / equity |
|---|---|---|---|---|---|---|---|
| ORCL Oracle Corporation | $71.8B | +17.3% | - | 26.4% | 28.3% | -40.0% | 1.88 |
| ACN Accenture | $74.2B | +6.5% | 32.0% | 11.3% | 26.5% | 15.7% | 0.32 |
| IBM IBM | $69.9B | +7.6% | 58.0% | 16.0% | 31.4% | 21.0% | 1.99 |
| CSCO Cisco | $63.3B | +11.8% | 64.5% | 21.0% | 26.4% | 20.2% | 0.59 |
| INTC Intel | $59.9B | -0.5% | 39.9% | -20.1% | -10.5% | 6.3% | 0.44 |
| HPQ HP Inc. | $59.2B | +3.2% | 19.9% | 4.1% | - | 6.6% | - |
Profitability
3 of 3- ✓Net margin above the peer median26.4% vs 19.1%
- ✓Return on equity above 15%28.3%
- ✓A profit in every one of 10 years
Balance sheet
1 of 3- !Interest covered less than 5 timesOperating income is 4.5× interest expense
- !Debt larger than equityDebt / equity 1.88 on the latest balance sheet (peer median 0.46)
- ✓Current assets cover current liabilitiesCurrent ratio 1.17
Cash and shareholders
3 of 4- !Free cash flow positive in 8 of 10 years−$23.7B last year
- ✓Share count down over 5 years−3.6%
- ✓Dividend per share up over 5 years$1.04 → $2.00
- ✓Cash from operations above net income$32.0B vs $17.1B
Each tick is a fact with a fixed rule (on /methodology), not a score or advice. A check without the numbers it needs is left out.
What the debt is made of, and when it is due
balance sheet of Aug 31, 2026 · schedule of May 31, 2026The debt note's own lines, 2026-05-31
Fixed rate $113.5BFloating $1.0B Not stated $13.5B
| Line, as the company names it | Kind | Rate | Fixed or floating | Amount |
|---|---|---|---|---|
| Senior Notes and Other Long Term Borrowings | Total of the lines | – | not stated | $128.1B |
| Fixed-Rate Senior Notes Due February 2056 | Notes and bonds | 6.70–6.74% | fixed | $5.0B |
| Fixed Rate Senior Notes Due February 2036 | Notes and bonds | 5.70–5.78% | fixed | $5.0B |
| Fixed-Rate Senior Notes Due April 2050 | Notes and bonds | 3.60–3.64% | fixed | $4.5B |
| Fixed-rate Senior Notes Due September 2035 | Notes and bonds | 5.20–5.25% | fixed | $4.0B |
| Fixed-rate Senior Notes Due September 2055 | Notes and bonds | 5.95–6.05% | fixed | $3.5B |
| Fixed-Rate Senior Notes Due April 2060 | Notes and bonds | 3.85–3.89% | fixed | $3.5B |
| Fixed Rate Senior Notes Due February 2031 | Notes and bonds | 4.95–5.08% | fixed | $3.5B |
| Fixed Rate Senior Notes Due April 2030 | Notes and bonds | 2.95–3.00% | fixed | $3.2B |
| Fixed-Rate Senior Notes Due March 2031 | Notes and bonds | 2.88–2.92% | fixed | $3.2B |
| Fixed-Rate Senior Notes Due March 2051 | Notes and bonds | 3.95–3.98% | fixed | $3.2B |
| Fixed-Rate Senior Notes Due February 2029 | Notes and bonds | 4.55–4.74% | fixed | $3.0B |
| Fixed-rate Senior Notes Due September 2032 | Notes and bonds | 4.80–4.87% | fixed | $3.0B |
| Fixed-Rate Senior Notes Due April 2040 | Notes and bonds | 3.60–3.64% | fixed | $3.0B |
| Fixed-Rate Senior Notes Due July 2026 | Notes and bonds | 2.65–2.73% | fixed | $3.0B |
| Fixed-Rate Senior Notes Due July 2046 | Notes and bonds | 4.00–4.03% | fixed | $3.0B |
| Fixed Rate Senior Notes Due May 2033 | Notes and bonds | 5.35–5.42% | fixed | $3.0B |
| Fixed Rate Senior Notes Due September 2030 | Notes and bonds | 4.45–4.55% | fixed | $3.0B |
| Fixed-Rate Senior Notes Due February 2066 | Notes and bonds | 6.85–6.89% | fixed | $2.8B |
| Fixed-Rate Senior Notes Due March 2026 | Notes and bonds | 1.65% | fixed | $2.8B |
| Fixed-Rate Senior Notes Due November 2027 | Notes and bonds | 3.25–3.29% | fixed | $2.8B |
| Fixed-Rate Senior Notes Due November 2052 | Notes and bonds | 6.90–6.94% | fixed | $2.5B |
| Fixed Rate Senior Notes Due September 2045 | Notes and bonds | 5.88–5.91% | fixed | $2.5B |
| Fixed-Rate Senior Notes Due April 2027 | Notes and bonds | 2.80–2.87% | fixed | $2.2B |
| Fixed Rate Senior Notes Due February 2046 | Notes and bonds | 6.55–6.59% | fixed | $2.2B |
| Fixed-Rate Senior Notes Due February 2053 | Notes and bonds | 5.55–5.62% | fixed | $2.2B |
| Fixed-Rate senior notes due July 2040 | Notes and bonds | 5.38–5.45% | fixed | $2.2B |
| Fixed-Rate Senior Notes Due March 2041 | Notes and bonds | 3.65–3.72% | fixed | $2.2B |
| Fixed-Rate Senior Notes Due November 2032 | Notes and bonds | 6.25–6.32% | fixed | $2.2B |
| Fixed-Rate Senior Notes Due November 2047 | Notes and bonds | 4.00–4.05% | fixed | $2.2B |
| Fixed-rate Senior Notes Due September 2065 | Notes and bonds | 6.10–6.17% | fixed | $2.0B |
| Fixed Rate Senior Notes Due March 2028 | Notes and bonds | 2.30–2.36% | fixed | $2.0B |
| Fixed-Rate Senior Notes Due May 2045 | Notes and bonds | 4.12–4.20% | fixed | $2.0B |
| 5.50% senior note due August 2035 | Notes and bonds | 5.50–5.55% | not stated | $1.8B |
| 6.00% senior note due August 2055 | Notes and bonds | 6.00–6.04% | not stated | $1.8B |
| 4.70%, senior note due September 2034 | Notes and bonds | 4.70–4.77% | not stated | $1.8B |
| 5.375% senior note due September 2054 | Notes and bonds | 5.38–5.43% | not stated | $1.8B |
| Fixed-Rate Senior Notes Due July 2034 | Notes and bonds | 4.30% | fixed | $1.8B |
| Fixed-Rate Senior Notes Due November 2037 | Notes and bonds | 3.80–3.86% | fixed | $1.8B |
| 4.80%, senior note due August 2028 | Notes and bonds | 4.80–4.94% | not stated | $1.5B |
| 4.20%, senior note due September 2029 | Notes and bonds | 4.20–4.27% | not stated | $1.5B |
| Fixed-Rate Senior Notes Due February 2033 | Notes and bonds | 4.90–4.95% | fixed | $1.5B |
| Fixed-Rate Senior Notes Due March 2061 | Notes and bonds | 4.10–4.13% | fixed | $1.5B |
| 5.25%, senior note due February 2032 | Notes and bonds | 5.25–5.36% | not stated | $1.2B |
| 5.50% senior note due September 2064 | Notes and bonds | 5.50–5.55% | not stated | $1.2B |
| Fixed-Rate Senior Notes Due April 2038 | Notes and bonds | 6.50–6.51% | fixed | $1.2B |
| Fixed-Rate Senior Notes Due July 2036 | Notes and bonds | 3.85–3.89% | fixed | $1.2B |
| Fixed-Rate Senior Notes Due July 2039 [Member | Notes and bonds | 6.12–6.17% | fixed | $1.2B |
| Fixed-Rate Senior Notes Due May 2035 | Notes and bonds | 3.90–4.00% | fixed | $1.2B |
| Fixed-Rate Senior Notes Due May 2055 | Notes and bonds | 4.38–4.44% | fixed | $1.2B |
| Fixed-Rate Senior Notes Due November 2029 | Notes and bonds | 6.15–6.21% | fixed | $1.2B |
| 6.125% senior note due August 2065 | Notes and bonds | 6.12–6.17% | not stated | $1.0B |
| Fixed-Rate Senior Notes Due July 2044 | Notes and bonds | 4.50% | fixed | $1.0B |
| Fixed-Rate Senior Notes Due November 2025 | Notes and bonds | 5.80% | fixed | $1.0B |
| Fixed-Rate Senior Notes Due July 2025 | Notes and bonds | 3.12% | fixed | $750.0M |
| Fixed-Rate Senior Notes Due May 2028 | Notes and bonds | 4.50–4.60% | fixed | $750.0M |
| Fixed-Rate Senior Notes Due May 2030 | Notes and bonds | 4.65–4.75% | fixed | $750.0M |
| Fixed-Rate Senior Notes Due May 2030 | Notes and bonds | 3.25–3.35% | fixed | $500.0M |
| Floating-rate senior notes due August 2028 | Notes and bonds | 0.76–4.43% | floating | $500.0M |
| Floating-Rate Senior Notes Due February 2029 | Notes and bonds | 1.11–4.78% | floating | $500.0M |
All 60 lines
From the debt note in the 10-K's XBRL (0001193125-26-277521), as the company tags it: by issue, by year, by currency or by kind. Lines from two ways of cutting the same debt can overlap, so they are not added up. Fixed or floating is read from the line's own name only; "not stated" when it says neither.
Left: the debt lines on the balance sheet (XBRL). Right: the principal due each year, from the debt note's maturity schedule; it can differ a little from the balance sheet, which shows the debt net of discounts and fees. Leases are not counted. The full schedule →
Revenue and net income, FY2017 to FY2026
Revenue 67.4B Net income 17.1BFrom XBRL in each 10-K. Hover a bar for the line item and filing. Full financials →
Where the $67.4B of revenue came from
by segment, year to May 31, 2026- Cloud And Software Business $58.5B · 87%
- Services Business $5.7B · 9%
- Hardware Business $3.1B · 5%
From the segment tables in the 10-K XBRL. Revenue by segment, product and region →
ORCL's income statement, balance sheet and cash flow as reported to the SEC in XBRL, one column per fiscal year. Hover a number to see the line item and filing it comes from. Where a company changed how it tags a line, the first tag it reported for that period is used. A number looks wrong? Tell us.
The segments changed
10-K filed 2026-06-22Compared with the 10-K of Jun 18, 2025: new segment Cloud And Software Business; no longer reported: Cloud And License Business.
When a company changes its segments, the years before are usually recast, so growth by segment is not comparable with what earlier 10-Ks showed. Found by comparing the segments with revenue in the last two 10-Ks (XBRL) and by the 10-K's own words, without AI.
Revenue by business segment
year to May 31, 2026| Revenue | Share | vs year before | |
|---|---|---|---|
| Cloud And Software Business | 58.5B | 86.9% | +18.9% |
| Services Business | 5.7B | 8.5% | +9.7% |
| Hardware Business | 3.1B | 4.6% | +5.0% |
10-K 0001193125-26-277521, segment and revenue notes (XBRL).
Revenue by product or service
year to May 31, 2026| Revenue | Share | vs year before | |
|---|---|---|---|
| Cloud Revenues | 34.0B | 50.5% | +38.7% |
| Software Revenues | 24.5B | 36.4% | -0.7% |
| Software Support | 19.8B | 29.4% | +1.4% |
| Cloud Infrastructure | 18.1B | 26.9% | +76.9% |
| Cloud Applications | 15.9B | 23.6% | +11.3% |
| Software License | 4.7B | 7.0% | -8.9% |
10-K 0001193125-26-277521, segment and revenue notes (XBRL).
Revenue by region
year to May 31, 2026| Revenue | Share | vs year before | |
|---|---|---|---|
| Americas | 44.5B | 66.0% | +22.4% |
| U.S. | 39.8B | 59.1% | +24.2% |
| Other countries | 20.8B | 30.9% | +8.8% |
| EMEA | 15.3B | 22.7% | +9.1% |
| Asia Pacific | 7.6B | 11.3% | +7.8% |
| United Kingdom | 2.8B | 4.2% | +8.6% |
| Germany | 2.0B | 3.0% | +9.7% |
| Japan | 1.9B | 2.8% | +6.3% |
10-K 0001193125-26-277521, segment and revenue notes (XBRL).
Income statement
From EDGAR| FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 37.8B | 39.4B | 39.5B | 39.1B | 40.5B | 42.4B | 50.0B | 53.0B | 57.4B | 67.4B |
| Cost of revenue | 2.8B | 2.9B | - | - | - | - | - | - | - | - |
| Gross profit | 23.0B | 24.3B | - | - | - | - | - | - | - | - |
| R&D | 6.2B | 6.1B | 6.0B | 6.1B | 6.5B | 7.2B | 8.6B | 8.9B | 9.9B | 10.3B |
| SG&A | 1.2B | 1.3B | 1.3B | 1.2B | 1.3B | 1.3B | 1.6B | 1.5B | 1.6B | 1.6B |
| Operating income | 12.9B | 13.3B | 13.5B | 13.9B | 15.2B | 10.9B | 13.1B | 15.4B | 17.7B | 20.6B |
| Interest expense | 1.8B | 2.0B | 2.1B | 2.0B | 2.5B | 2.8B | 3.5B | 3.5B | 3.6B | 4.6B |
| Pretax income | 11.5B | 12.9B | 3.8B | 3.9B | 4.4B | -629.0M | 1.5B | 3.0B | 4.4B | 8.7B |
| Income tax | 2.2B | 8.8B | 1.2B | 1.9B | -747.0M | 932.0M | 623.0M | 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 |
| EPS (diluted) | 2.24 | 0.85 | 2.97 | 3.08 | 4.55 | 2.41 | 3.07 | 3.71 | 4.34 | 5.83 |
| Diluted shares | 4.2B | 4.2B | 3.7B | 3.3B | 3.0B | 2.8B | 2.8B | 2.8B | 2.9B | 2.9B |
| Depreciation & amortization | 1.0B | 1.2B | 1.2B | 1.4B | 1.5B | 2.0B | 2.5B | 3.1B | 3.9B | 7.6B |
| EBITDA | 13.9B | 14.4B | 14.8B | 15.3B | 16.8B | 12.9B | 15.6B | 18.5B | 21.5B | 28.2B |
| Gross margin | 60.9% | 61.7% | - | - | - | - | - | - | - | - |
| Operating margin | 34.2% | 33.7% | 34.3% | 35.6% | 37.6% | 25.7% | 26.2% | 29.0% | 30.8% | 30.6% |
| Net margin | 25.0% | 9.1% | 28.1% | 25.9% | 34.0% | 15.8% | 17.0% | 19.8% | 21.7% | 25.4% |
| Revenue growth | - | +4.2% | +0.3% | -1.1% | +3.6% | +4.8% | +17.7% | +6.0% | +8.4% | +17.3% |
| EPS growth | - | -62.1% | +249% | +3.7% | +47.7% | -47.0% | +27.4% | +20.8% | +17.0% | +34.3% |
Balance sheet
From EDGAR| FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash | 21.8B | 21.6B | 20.5B | 37.2B | 30.1B | 21.4B | 9.8B | 10.5B | 10.8B | 31.3B |
| Short-term investments | - | 45.6B | 17.3B | 5.8B | 16.5B | 519.0M | 422.0M | 207.0M | 417.0M | 605.0M |
| Receivables | 5.3B | 5.1B | 5.1B | 5.6B | 5.4B | 6.0B | 6.9B | 7.9B | 8.6B | 10.4B |
| Inventory | 300.0M | 398.0M | 320.0M | 211.0M | 142.0M | 314.0M | 298.0M | 334.0M | 303.0M | - |
| Current assets | 74.5B | 76.2B | 46.4B | 52.1B | 55.6B | 31.6B | 21.0B | 22.6B | 24.6B | 46.6B |
| Property & equipment | 5.3B | 5.9B | 6.3B | 6.2B | 7.0B | 9.7B | 17.1B | 21.5B | 43.5B | 100.0B |
| Goodwill | 43.0B | 43.8B | 43.8B | 43.8B | 43.9B | 43.8B | 62.3B | 62.2B | 62.2B | 62.3B |
| Total assets | 135.0B | 137.9B | 108.7B | 115.4B | 131.1B | 109.3B | 134.4B | 141.0B | 168.4B | 261.8B |
| Accounts payable | 599.0M | 529.0M | 580.0M | 637.0M | 745.0M | 1.3B | 1.2B | 2.4B | 5.1B | 11.0B |
| Current liabilities | 24.2B | 19.1B | 18.6B | 17.2B | 24.2B | 19.5B | 23.1B | 31.5B | 32.6B | 41.8B |
| Total debt | 57.9B | 60.6B | 56.2B | 71.6B | 84.2B | 0 | 90.5B | 86.9B | 92.6B | 129.5B |
| Shareholders' equity | 53.9B | 46.4B | 21.8B | 12.1B | 5.2B | -6.2B | 1.1B | 8.7B | 20.5B | 42.5B |
| Retained earnings | 27.6B | 19.1B | -3.5B | -12.7B | -20.1B | -31.3B | -27.6B | -22.6B | -15.5B | -4.3B |
Cash flow
From EDGAR| FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 14.1B | 15.4B | 14.6B | 13.1B | 15.9B | 9.5B | 17.2B | 18.7B | 20.8B | 32.0B |
| Capital spending | 2.0B | 1.7B | 1.7B | 1.6B | 2.1B | 4.5B | 8.7B | 6.9B | 21.2B | 55.7B |
| Free cash flow | 12.1B | 13.7B | 12.9B | 11.6B | 13.8B | 5.0B | 8.5B | 11.8B | -394.0M | -23.7B |
| Stock-based pay (added back) | 1.4B | 1.6B | 1.7B | 1.6B | 1.8B | 2.6B | 3.5B | 4.0B | 4.7B | 4.8B |
| Dividends paid | 2.6B | 3.1B | 2.9B | 3.1B | 3.1B | 3.5B | 3.7B | 4.4B | 4.7B | 5.8B |
| Buybacks | 3.6B | 11.3B | 36.1B | 19.2B | 20.9B | 16.2B | 1.3B | 1.2B | 600.0M | 95.0M |
| Acquisitions | 11.2B | 1.7B | 363.0M | 124.0M | 41.0M | 148.0M | 27.7B | 63.0M | 0 | - |
| Debt raised | 17.7B | 12.4B | 0 | 19.9B | 14.9B | 0 | 33.5B | 0 | 19.5B | 46.1B |
| Debt repaid | 4.1B | 9.8B | 4.5B | 4.5B | 2.6B | 8.2B | 21.1B | 3.5B | 15.8B | 6.9B |
| Investing cash flow | -21.5B | -5.6B | 26.6B | 9.8B | -13.1B | 11.2B | -36.5B | -7.4B | -21.7B | -51.9B |
| Financing cash flow | 9.1B | -10.0B | -42.1B | -6.1B | -10.4B | -29.1B | 7.9B | -10.6B | 1.1B | 40.3B |
| Dividend per share | 0.64 | 0.76 | 0.81 | 0.96 | 1.04 | 1.28 | 1.36 | 1.60 | 1.70 | 2.00 |
Stock-based pay and leases
From EDGAR| FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Stock-based pay (expense) | 1.4B | 1.6B | 1.7B | 1.6B | 1.8B | 2.6B | 3.5B | 4.0B | 4.7B | 4.8B |
| Stock-based pay / revenue | 3.6% | 4.1% | 4.2% | 4.1% | 4.5% | 6.2% | 7.1% | 7.5% | 8.1% | 7.1% |
| Operating lease cost | - | - | - | 599.0M | 654.0M | 766.0M | 883.0M | 1.2B | 1.7B | 2.8B |
| Operating lease cash paid | - | - | - | 663.0M | 696.0M | 808.0M | 894.0M | 1.2B | 1.7B | 2.5B |
| Finance lease principal paid | - | - | - | - | - | - | - | - | 27.0M | - |
| Right-of-use assets | - | - | - | 2.0B | 2.6B | 3.5B | 4.6B | 7.3B | 13.1B | 29.7B |
| Operating lease liabilities | - | - | - | 2.1B | 2.8B | 3.7B | 4.8B | 7.5B | 13.4B | 30.2B |
| Finance lease liabilities | - | - | - | - | - | - | - | 0 | 2.9B | 7.7B |
From SEC's XBRL company facts (data.sec.gov). EBITDA = operating income + depreciation and amortization; free cash flow = operating cash flow - capital spending; total debt = long-term debt (with its current part) + short-term borrowings. Stock-based pay and leases are shown as the company reports them; Tickdelta does not take them out of earnings or add leases to debt. Click a number to open the filing in SEC's Inline XBRL viewer, where you can click the same number to see how it is tagged. Values a company later revised show as revised; the Revised numbers tab lists the changes.
Work on ORCL in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/ORCL/export.csv") into a cell.