Oracle Corporation (ORCL)

Sector: Technology|Industry: Software - Infrastructure|Market Cap: $521.49B|Employees: 159K


Oracle Corporation provides products and services that address enterprise IT needs, including enterprise applications and infrastructure offerings. These are delivered worldwide through flexible and interoperable IT deployment models, including on-premise, cloud-based, and hybrid deployments, giving customers choice and flexibility. The company holds a strong market position due to its comprehensive offerings and is known for its innovation and customer base.

  1. Filings

Filing Highlights

Financial Performance

Total revenues for the three months ended February 29, 2024 were $13.28 billion, exceeding the prior year's $12.40 billion by 7%. Cloud services and license support revenue growth was particularly strong at 10%, demonstrating the success of the company's cloud strategy.

Operating income increased to $3.75 billion compared to $3.26 billion in the prior year period. However, operating margin remained under pressure due to increased operating expenses. The company needs to address cost optimization to improve profitability.

Net income for the three months ended February 29, 2024, was $2.40 billion, a significant increase compared to $1.90 billion in the prior year period. This reflects strong revenue growth and improved cost management.

Growth & Strategy

Management Execution

Risk Factors

Competitive Position

Operational Efficiency

Innovation & Technology

Capital Allocation

ESG initiatives

Market Environment