Oracle CorporationORCL
NYSE•Technology•Software - Infrastructure
Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning ERP, Oracle Fusion cloud enterprise performance management EPM, Oracle Fusion cloud supply chain and manufacturing management SCM, Oracle Fusion cloud human capital management HCM, and NetSuite applications suite, Oracle Health applications, as well as Oracle Fusion Sales, Service, and Marketing. The company also offers cloud-based industry solutions for various industries; Oracle cloud license and on-premise license; and Oracle license support services. In addition, it provides cloud and license business' infrastructure technologies, such as the Oracle Database and MySQL Database; Java, a software development language; and middleware, including development tools and others. The company's cloud and license business' infrastructure technologies also comprise cloud-based compute, storage, and networking capabilities; and Oracle autonomous database, as well as AI, Internet-of-Things, machine learning, digital assistant, and blockchain. Further, it provides hardware products and other hardware-related software offerings, including Oracle engineered systems, enterprise servers, storage solutions, industry-specific hardware, virtualization software, operating systems, management software, and related hardware support services, and consulting and advanced customer services. It markets and sells its cloud, license, hardware, support, and services offerings directly to businesses in various industries, government agencies, and educational institutions, as well as through indirect channels. Oracle Corporation has a strategic alliance with Metron, Inc. The company was founded in 1977 and is headquartered in Austin, Texas.
Oracle Corporation (ORCL) reported trailing twelve months revenue of $64.08B as of February 2026, a 14.9% increase year-over-year. Quarterly revenue reached $17.19B, reflecting continued top-line momentum.
Oracle Corporation generated $16.21B in TTM net income, with quarterly EBITDA of $8.20B. The operating margin expanded from 30.8% to 32.8%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (32.8%) and net margin (21.6%) indicates moderate non-operating costs. Net margin has improved from 20.8% a year ago, signaling stronger bottom-line efficiency.
ORCL trades at a P/E of 26.1x (in line with broad market averages) and a P/S of 6.6x. The price-to-book ratio of 11.0x indicates a significant premium over book value.
The company reported negative free cash flow of $-11.48B, indicating cash consumption over the period. The balance sheet shows $245.24B in total assets with $124.72B in long-term debt against $38.49B in stockholders equity for a debt-to-equity ratio of 3.2, a relatively leveraged position. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are stable at ~30.8%, suggesting durable pricing power and cost discipline.
Consistently high ROE averaging 73.1% suggests a durable competitive advantage and efficient capital allocation.
Only 3 of the last 8 quarters had positive FCF — the business may require external capital to sustain operations.
TTM revenue has grown consistently (7 of 7 quarters up), with ~21.0% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~30.8% — no sign of cost or pricing stress.
Free cash flow has been negative in 5 of the last 8 quarters — earnings are not translating to cash.
D/E ratio is 3.2 — dangerously high. The company is heavily leveraged and vulnerable to rising rates or cash flow dips.
Revenue is stable or growing over recent quarters — demand appears durable.
The last 4 consecutive quarters had negative FCF — the company is burning cash and may need external funding.
Shares outstanding rose 2.8% — mild dilution. Compare to earnings growth to assess net per-share impact.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation