FY2008 – FY2025 · ORCL · CIK 1341439
Oracle Financials
Revenue, four-line split through FY2025, the FY2026 OCI revenue breakout, the 4x RPO backlog growth reflecting AI-infrastructure customer commitments, capex ramp, R&D, capital returns, headcount, and the major-acquisitions roster — every chart point sourced to a 10-K, 10-Q, or DEF 14A filing. EDGAR XBRL pulled live.
Sibling page: Oracle Leadership · founder Larry Ellison's ~40% beneficial-ownership concentration is the cap-table fact behind Oracle's capital-returns posture (see the voting-structure section there). Roster row: Oracle on /orgs/.
RPO — the customer-commitment backlog
$553B
As of 2026-02-28 per the most-recent 10-Q. 4x growth in 9 months reflects the AI-infrastructure commitments.
Capex (FY2025)
$21.21B
37% of revenue — the OCI / AI-infrastructure ramp.
OCI revenue (9M FY2026)
$12.31B
First disclosed period where OCI exceeds Cloud applications revenue.
Stock price (ORCL)
Live current price plus a five-year history. Updates during US market hours (9:30 a.m. – 4:00 p.m. Eastern, Monday – Friday) via TradingView's embed widget.
Most recent Oracle SEC filings
The freshness frontier — the latest filing of each material form type, sourced live from EDGAR. The 10-K marked “Anchors this page” is the source of every value below; the others are surfaced for transparency.
16 material filings have been filed since the anchor 10-K above (3 10-Q, 12 8-K, 1 DEF 14A). The fiscal-year metrics on this page (revenue, R&D, capex, capital returns, cash) reflect what's been disclosed at fiscal-year-end; quarterly cuts in the 10-Qs filed since are folded into the RPO and OCI sections above. The 10-K marked “Anchors this page” remains the source for the per-FY values shown.
Earnings Reaction History
Oracle reports quarterly earnings on the schedule Q1 (mid-September) / Q2 (mid-December) / Q3 (mid-March) / Q4 (mid-June), aligned to its May 31 fiscal year. Per-row consensus / actual data is paraphrased from each print's 8-K Exhibit 99.1 (earnings press release) and aggregator coverage at the print. The pre-print 30-day run-up, one-day post-print, and five-day post-print stock-move cells are filled in by the recurring refresh task via Chrome MCP (the Yahoo Finance v8 chart endpoint rate-limits the sandbox per work/CLAUDE.md). Pre-print in-flight rows are permitted — rows can be appended pre-print with consensus + run-up populated and the post-print cells marked pending; the row is filled in by the refresh task once the print airs and the post-print prices settle.
| Q4 FY2024 | $14.55B | $14.29B | $1.65 | $1.63 | +6.2% | +13.3% | +16.8% |
| Q1 FY2025 | $13.23B | $13.31B | $1.32 | $1.39 | +5.9% | +11.4% | +21.8% |
| Q2 FY2025 | $14.12B | $14.06B | $1.48 | $1.47 | +0.6% | -6.7% | -10.1% |
| Q3 FY2025 | $14.40B | $14.13B | $1.49 | $1.47 | -14.7% | -3.1% | +3.5% |
| Q4 FY2025 | $15.58B | $15.90B | $1.64 | $1.70 | +12.2% | +13.3% | +19.6% |
| Q1 FY2026 | $15.01B | $14.93B | $1.48 | $1.47 | -3.4% | +35.9% | +27.0% |
| Q2 FY2026 | $16.05B | $16.05B | $1.62 | $1.65 | -7.4% | -10.8% | -20.0% |
| Q3 FY2026 | $16.86B | $17.19B | $1.59 | $1.66 | +4.6% | +9.2% | +3.5% |
Annual revenue
As reported on the consolidated statement of operations in each year's 10-K. Oracle's fiscal year ends May 31; FY2025 covers the year ending May 31, 2025. Sourced live from SEC EDGAR XBRL; the underlying tag is Revenues (Oracle's primary revenue line is the legacy Revenues tag, with RevenueFromContractWithCustomerExcludingAssessedTax as the post-ASC-606 alternative).
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| Fiscal year | Revenue | Source |
|---|---|---|
| FY2008 | $22.43B | 10-K filed 2010-07-01 |
| FY2009 | $23.25B | 10-K filed 2011-06-28 |
| FY2010 | $26.82B | 10-K filed 2012-06-26 |
| FY2011 | $35.62B | 10-K filed 2013-06-26 |
| FY2012 | $37.12B | 10-K filed 2014-06-26 |
| FY2013 | $37.18B | 10-K filed 2015-06-25 |
| FY2014 | $38.27B | 10-K filed 2016-06-22 |
| FY2015 | $38.23B | 10-K filed 2017-06-27 |
| FY2016 | $37.05B | 10-K filed 2018-06-22 |
| FY2017 | $37.79B | 10-K filed 2019-06-21 |
| FY2018 | $39.38B | 10-K filed 2020-06-22 |
| FY2019 | $39.51B | 10-K filed 2021-06-21 |
| FY2020 | $39.07B | 10-K filed 2022-06-21 |
| FY2021 | $40.48B | 10-K filed 2023-06-20 |
| FY2022 | $42.44B | 10-K filed 2024-06-20 |
| FY2023 | $49.95B | 10-K filed 2025-06-18 |
| FY2024 | $52.96B | 10-K filed 2025-06-18 |
| FY2025 | $57.40B | 10-K filed 2025-06-18 |
Revenue by line of business
Oracle's consolidated statement of operations reports four revenue lines through FY2025: Cloud services and license support (the largest line — subscription cloud services plus annuitized license-support contracts), Cloud license and on-premise license (one-time license fees), Hardware (Sun-derived servers, Engineered Systems, support), and Services (consulting and implementation). The cloud-services-and-license-support line has grown steadily as customers migrate from on-premise licenses to Oracle Cloud subscriptions. In FY2026 Oracle renamed these lines (Cloud and software / Hardware / Services); see the OCI breakout section below for the new disclosure.
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| FY | Cloud svc & LS | Cloud / on-prem license | Hardware | Services | Cloud & LS % | Source |
|---|---|---|---|---|---|---|
| FY2023 | $35.31B | $5.78B | $3.27B | $5.59B | 82% | 10-K filed 2025-06-18 |
| FY2024 | $39.38B | $5.08B | $3.07B | $5.43B | 84% | 10-K filed 2025-06-18 |
| FY2025 | $44.03B | $5.20B | $2.94B | $5.23B | 86% | 10-K filed 2025-06-18 |
OCI revenue — the FY2026 cloud-applications-vs-infrastructure breakout
In FY2026 (the year that began June 1, 2025) Oracle began separately disclosing Cloud applications (formerly Oracle Cloud Applications / OCA) vs. Cloud infrastructure (Oracle Cloud Infrastructure / OCI). This is the first time Oracle has broken out OCI revenue as a separate disclosed dollar figure; previously OCI was discussed in MD&A narrative as a YoY growth percentage without an absolute number. The 9-month comparable below is the structural signal of the AI-infrastructure inflection — OCI grew 70% YoY on the 9-month basis ($12.3B vs. $7.2B), while Cloud applications grew 12% YoY ($11.8B vs. $10.5B). The 9M FY2026 period is the first 9-month window where OCI revenue exceeds Cloud applications revenue.
Source: FY2026 Q3 10-Q (Note 1, Revenues), filed March 11, 2026. The 9M FY2025 column is the prior-year comparable as restated in the FY2026 Q3 10-Q.
Remaining performance obligations — the AI-infrastructure customer-commitment signal
The structural FY2026 story. Oracle's RPO — contracted revenue not yet recognized — grew from $137.8B (FY2025) to $552.6B (Q3 FY2026), a 4.0x increase in nine months. The headline driver is a small number of very-large multi-year AI-infrastructure capacity commitments — OpenAI multi-year deal is the publicly-reported anchor; Stargate-adjacent and other AI-training/inference customers populate the balance. The Q3 10-Q expects 12% to convert to revenue over the next 12 months, 31% over months 13–36, 35% over months 37–60, and the remainder thereafter — a multi-year revenue runway that converts into the income statement quarter by quarter.
RPO is Oracle's contracted-but-not-yet-recognized revenue backlog, disclosed in each 10-Q and 10-K under Note 1 (Revenues). It captures deferred revenue plus invoiced amounts plus contracted amounts that will be invoiced and recognized in future periods.
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| As of | RPO | Next-12mo % | Note | Source |
|---|---|---|---|---|
| 2024-05-31 | $98.0B | 39% | FY2024 10-K — pre-AI-infrastructure-inflection baseline. | Filed 2024-06-20 |
| 2025-05-31 | $137.8B | 33% | FY2025 10-K — modest growth ahead of the FY2026 commitment cluster. | Filed 2025-06-18 |
| 2025-08-31 | $455.0B | — | FY2026 Q1 10-Q — the OpenAI multi-year commitment lands in backlog; RPO grows ~3.3x in a single quarter. | Filed 2025-09-10 |
| 2025-11-30 | $503.0B | — | FY2026 Q2 10-Q. | Filed 2025-12-11 |
| 2026-02-28 | $552.6B | 12% | FY2026 Q3 10-Q — RPO 4x FY2025 anchor; 12% expected to convert in the next 12 months, 31% over months 13-36, 35% over months 37-60. | Filed 2026-03-11 |
Capital expenditures (the OCI / AI-infrastructure ramp)
Annual cash spent on property, plant, and equipment — the core capex line on Oracle's cash-flow statement. Bar height is absolute dollars; the percentage in each label is capex as a share of revenue that fiscal year. Oracle's capex has historically run low relative to its revenue (a 3–6% asset-light enterprise-software profile). The FY2024 / FY2025 inflection — capex grew from $7.0B (FY2023) to $8.7B (FY2024) to $21.2B (FY2025), a 3x jump in two years — reflects the OCI / AI-infrastructure build-out tied to the multi-year customer commitments now visible in the RPO chart above. Sourced live from SEC EDGAR XBRL (PaymentsToAcquirePropertyPlantAndEquipment).
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| FY | Capex | Revenue | % of revenue |
|---|---|---|---|
| FY2010 | $230M | $26.82B | 0.9% |
| FY2011 | $450M | $35.62B | 1.3% |
| FY2012 | $648M | $37.12B | 1.7% |
| FY2013 | $650M | $37.18B | 1.7% |
| FY2014 | $580M | $38.27B | 1.5% |
| FY2015 | $1.39B | $38.23B | 3.6% |
| FY2016 | $1.19B | $37.05B | 3.2% |
| FY2017 | $2.02B | $37.79B | 5.3% |
| FY2018 | $1.74B | $39.38B | 4.4% |
| FY2019 | $1.66B | $39.51B | 4.2% |
| FY2020 | $1.56B | $39.07B | 4.0% |
| FY2021 | $2.13B | $40.48B | 5.3% |
| FY2022 | $4.51B | $42.44B | 10.6% |
| FY2023 | $8.70B | $49.95B | 17.4% |
| FY2024 | $6.87B | $52.96B | 13.0% |
| FY2025 | $21.21B | $57.40B | 37.0% |
Capital returns: buybacks & dividends
Cash returned to shareholders via share buybacks (the PaymentsForRepurchaseOfCommonStock line) plus common-stock dividends (the PaymentsOfDividendsCommonStock line). Oracle was historically a heavy buyback program (multi-billion-per-quarter through the 2010s and into the early 2020s); the pace decelerated meaningfully post-Cerner-close (June 2022) as Oracle prioritized debt paydown, and decelerated further in FY2024–FY2025 as capex stepped up for the OCI build-out. Cumulative across the years shown below: $206.96B. Both series are sourced live from SEC EDGAR XBRL.
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| FY | Buybacks | Dividends | Total | Cumulative |
|---|---|---|---|---|
| FY2008 | $2.02B | $0 | $2.02B | $2.02B |
| FY2009 | $3.97B | $250M | $4.22B | $6.25B |
| FY2010 | $992M | $1.00B | $2.00B | $8.24B |
| FY2011 | $1.16B | $1.06B | $2.22B | $10.46B |
| FY2012 | $5.86B | $1.21B | $7.06B | $17.52B |
| FY2013 | $11.02B | $1.43B | $12.45B | $29.98B |
| FY2014 | $9.81B | $2.18B | $11.99B | $41.97B |
| FY2015 | $8.09B | $2.25B | $10.34B | $52.31B |
| FY2016 | $10.44B | $2.54B | $12.98B | $65.29B |
| FY2017 | $3.56B | $2.63B | $6.19B | $71.48B |
| FY2018 | $11.35B | $3.14B | $14.49B | $85.97B |
| FY2019 | $36.14B | $2.93B | $39.07B | $125.04B |
| FY2020 | $19.24B | $3.07B | $22.31B | $147.35B |
| FY2021 | $20.93B | $3.06B | $24.00B | $171.35B |
| FY2022 | $16.25B | $3.46B | $19.70B | $191.05B |
| FY2023 | $1.30B | $3.67B | $4.97B | $196.02B |
| FY2024 | $1.20B | $4.39B | $5.59B | $201.62B |
| FY2025 | $600M | $4.74B | $5.34B | $206.96B |
R&D spending
Annual research-and-development expense. Bar height is absolute dollars; the percentage in each label is R&D as a share of revenue. Oracle has consistently run R&D in the mid-teens percent of revenue. Sourced live from SEC EDGAR XBRL (ResearchAndDevelopmentExpense).
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| FY | R&D | Revenue | % of revenue |
|---|---|---|---|
| FY2009 | $2.77B | $23.25B | 11.9% |
| FY2010 | $3.25B | $26.82B | 12.1% |
| FY2011 | $4.52B | $35.62B | 12.7% |
| FY2012 | $4.52B | $37.12B | 12.2% |
| FY2013 | $4.85B | $37.18B | 13.0% |
| FY2014 | $5.15B | $38.27B | 13.5% |
| FY2015 | $5.52B | $38.23B | 14.5% |
| FY2016 | $5.79B | $37.05B | 15.6% |
| FY2017 | $6.15B | $37.79B | 16.3% |
| FY2018 | $6.08B | $39.38B | 15.4% |
| FY2019 | $6.03B | $39.51B | 15.3% |
| FY2020 | $6.07B | $39.07B | 15.5% |
| FY2021 | $6.53B | $40.48B | 16.1% |
| FY2022 | $7.22B | $42.44B | 17.0% |
| FY2023 | $8.62B | $49.95B | 17.3% |
| FY2024 | $8.91B | $52.96B | 16.8% |
| FY2025 | $9.86B | $57.40B | 17.2% |
Year-end headcount
Full-time employees worldwide at fiscal year-end, as disclosed in each year's 10-K 'Human Capital' / 'Workforce' narrative. The June 2022 Cerner close added approximately 28,000 employees, visible as the FY2023 jump; post-merger integration brought the total down slightly through FY2024, with modest growth into FY2025.
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| FY | Headcount | US / Intl split | Note | Source |
|---|---|---|---|---|
| FY2022 | 143,000 | — | FY2022 10-K — pre-Cerner close (Cerner closed June 8, 2022). | 10-K filed 2022-06-21 |
| FY2023 | 164,000 | 56,000 US / 108,000 intl | FY2023 10-K — first FY-end after Cerner close; ~28K headcount jump reflects the integration. | 10-K filed 2023-06-20 |
| FY2024 | 159,000 | 56,000 US / 103,000 intl | 10-K filed 2024-06-20 | |
| FY2025 | 162,000 | 58,000 US / 104,000 intl | 10-K filed 2025-06-18 |
Major acquisitions
Headline transaction values from announcement, in USD billions. Oracle has acquired well over 100 companies since the early 2000s; the table below surfaces the load-bearing deals only. Acquisition-attributable revenue is rolled into the segment lines that absorb each target (Cerner into Cloud and license / Industries; Sun into Hardware plus Java/MySQL under Cloud and license; NetSuite into Cloud and license) and is not separately disclosed in subsequent periods.
| Closed | Target | Headline price | Category |
|---|---|---|---|
| 2022-06-08 | Cerner | $28.3B | healthcare EHR (Oracle's largest deal ever) |
| 2018-07-12 | DataFox | — | AI-applied data |
| 2018-04-09 | Aconex | $1.2B | construction project management cloud |
| 2016-11-07 | NetSuite | $9.3B | cloud ERP |
| 2014-07-15 | Micros Systems | $5.3B | hospitality / retail POS |
| 2013-07-12 | Acme Packet | $2.1B | networking / SBC |
| 2012-04-05 | Taleo | $1.9B | talent management cloud |
| 2010-01-27 | Sun Microsystems | $7.4B | Java / MySQL / Solaris / SPARC / hardware |
| 2008-04-29 | BEA Systems | $8.5B | middleware |
| 2006-01-31 | Siebel Systems | $5.8B | CRM |
| 2005-01-07 | PeopleSoft | $10.3B | ERP / HCM |
Other metrics
Operating income, net income, stock-based compensation, operating cash flow, and year-end cash & equivalents — the standard 10-K-derived secondary metrics. Last ten fiscal years shown. All values pulled live from SEC EDGAR XBRL.
| Metric | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Income | $12.60B | $12.91B | $13.26B | $13.54B | $13.90B | $15.21B | $10.93B | $13.09B | $15.35B | $17.68B |
| Net Income | $8.90B | $9.45B | $3.59B | $11.08B | $10.13B | $13.75B | $6.72B | $8.50B | $10.47B | $12.44B |
| Stock-Based Compensation | $1.04B | $1.35B | $1.61B | $1.65B | $1.59B | $1.84B | $2.61B | $3.55B | $3.97B | $4.67B |
| Operating Cash Flow | $13.69B | $14.13B | $15.39B | $14.55B | $13.14B | $15.89B | $9.54B | $17.16B | $18.67B | $20.82B |
| Cash & Equivalents | $20.15B | $21.78B | $21.62B | $20.51B | $37.24B | $30.10B | $21.38B | $9.77B | $10.45B | $10.79B |
Key events on the revenue timeline
Founding milestones, leadership transitions, acquisitions, litigation, and the AI-infrastructure inflection events that shape the revenue arc above. Newest first.
- 2026-03-10disclosureFY2026 Q3 10-Q: RPO reaches $552.6B (4x growth in 9 months), 9-month OCI revenue $12.3B (+70% YoY)
- 2025-12-10disclosureFY2026 Q2 10-Q: Q2 cloud infrastructure (OCI) revenue grows >70% YoY
- 2025-09-22leadershipSafra Catz retires as CEO and becomes Executive Vice Chair; Clayton Magouyrk (ex-President OCI) and Michael Sicilia (ex-President Industries) appointed co-CEOs; Douglas Kehring named Principal Financial Officer
- 2025-09-09disclosureFY2026 Q1 10-Q discloses RPO growing to $455B+ (from $138B FY2025) — the OpenAI / Stargate AI-infrastructure commitment cluster lands in backlog
- 2024-09-09milestoneMulti-year OCI capacity commitment from a single large AI customer disclosed (the AI-infrastructure inflection)
- 2023-09-14milestoneOracle Health rebrand of Cerner announced (Oracle Health Conference)
- 2022-06-08acquisitionCerner acquisition closed ($28.3B) — Oracle's largest deal ever, brought Healthcare segment
- 2021-04-05disclosureU.S. Supreme Court rules for Google in Oracle v. Google (Java API fair use)
- 2020-12-11disclosureHQ relocation to Austin, Texas announced
- 2019-10-18leadershipMark Hurd dies; Safra Catz transitions to sole CEO
- 2016-11-07acquisitionNetSuite acquisition closed ($9.3B) — first cloud-ERP scale acquisition
- 2014-09-18leadershipLarry Ellison transitions from CEO to Executive Chairman + CTO; Mark Hurd and Safra Catz appointed co-CEOs
- 2010-08-12disclosureOracle America (formerly Sun) sues Google over Java in Android (Oracle v. Google)
- 2010-01-27acquisitionSun Microsystems acquisition closed ($7.4B) — brought Java, MySQL, Solaris, SPARC, the line of hardware products
- 2008-04-29acquisitionBEA Systems acquisition closed ($8.5B)
- 2006-01-31acquisitionSiebel Systems acquisition closed ($5.85B)
- 2005-01-07acquisitionPeopleSoft acquisition closed ($10.3B)
- 1986-03-12milestoneOracle IPO on Nasdaq (later moved to NYSE)
- 1977-06-16milestoneOracle founded by Larry Ellison, Bob Miner, Ed Oates (originally Software Development Laboratories)
Methodology & data sources
Live data. Annual revenue, R&D, operating income, net income, stock-based compensation, operating cash flow, capital expenditures (PP&E), share-buyback cash, dividends paid, and year-end cash & equivalents are sourced live from Oracle's SEC EDGAR XBRL company-facts endpoint. If EDGAR is unreachable when the page is being prepared, the page is not updated, so visitors never see stale fallback numbers.
Hand-curated, source-tagged. The per-FY four-line revenue split (Cloud services + license support / Cloud + on-premise license / Hardware / Services), the FY2026 cloud-applications-vs-OCI breakout (first disclosed in the FY2026 Q1 10-Q), the RPO trajectory, year-end headcount, the major-acquisitions roster, and the key-events timeline are not exposed in the EDGAR companyfacts JSON. Each value is hand-curated from the underlying 10-K, 10-Q, or DEF 14A filing and tagged with the filing's accession number. When a newer 10-K is filed than the one a value was last verified against, a "Verification due" banner appears next to the affected section.
Fiscal-year convention. Oracle's fiscal year ends May 31. FY2025 covers the year ending May 31, 2025; FY2026 covers the year ending May 31, 2026 (in progress as of build time). Every chart axis label says "FYXXXX" rather than "XXXX" so the calendar misalignment is unambiguous. Quarters: Q1 ends August 31, Q2 ends November 30, Q3 ends February 28/29, Q4 ends May 31.
FY2026 disclosure changes. In FY2026 Oracle renamed the "Cloud and license" segment / income-statement line to "Cloud and software" (consolidating cloud services + cloud license + software support + on-premise license into a single line), and for the first time began separately disclosing "Cloud applications" (formerly OCA) vs. "Cloud infrastructure" (OCI) revenues each quarter. The page surfaces both views: the four-line view for FY2023–FY2025 and the new OCI breakout for the 9-month FY2026 / FY2025 comparable.
Founder voting concentration. Oracle has a single class of common stock with one vote per share. Founder Larry Ellison's beneficial ownership of approximately 40.6% (per the September 2025 DEF 14A) produces founder voting concentration without a super-voting class. The directors-and-officers group as a whole holds approximately 40.9% of common stock outstanding. The sibling Oracle Leadership page covers the voting structure and the September 2025 CEO transition (Safra Catz to Executive Vice Chair; Clayton Magouyrk and Michael Sicilia as co-CEOs) in detail.
Refresh cadence. Hand-curated values are re-verified monthly, aligned with Oracle's quarterly cadence (Q1 10-Q lands mid-September, Q2 mid-December, Q3 mid-March, Q4 10-K mid-June). The monthly cadence catches every material filing within a few weeks. See refresh-oracle-financials.md in the work tree.
What's intentionally not here. Live market cap (live share-price × stale share counts produces a number that is routinely wrong; visitors can read market cap from any public quote source). Forward guidance, analyst estimates, and price targets (out of scope — the page is reported actuals). Editorial framing about whether the AI-infrastructure capex is justified by the RPO backlog (out of scope; the data is shown, the interpretation is the visitor's). TikTok deal coverage beyond what Oracle has disclosed in its filings (the deal's final structure has shifted multiple times). Speculation about Ellison's political relationships (the sibling leadership page mentions them at the level Oracle's filings disclose them).
Cross-references. Tech Filings for every Oracle SEC filing in chronological order. Federal Tech Spending for the US-government IT-procurement side (Oracle is a top federal IT vendor; the VA / DoD / IHS Cerner-era contracts are surfaced there). Oracle's row on the Orgs index for the company profile. Java Versions for the post-Sun-close Java steward role and the Java-vs-Google litigation timeline. Oracle Leadership for the founder-Chairman-CTO governance arrangement, the September 2025 co-CEO transition, and the founder-voting-concentration cap-table fact.
Last updated: 2026-05-26 14:34 UTC. Latest 10-K on EDGAR: 0000950170-25-087926 filed 2025-06-18. Hand-curated source-tag anchor: 0000950170-25-087926.