Oracle is a database, enterprise applications, and cloud infrastructure company whose stock thesis now depends on OCI growth, AI infrastructure demand, remaining performance obligations, and the balance between backlog and capex.
Oracle Corp. (ORCL) Stock Price & Market Analysis
ORCL · NYSE · Software - Infrastructure
Market closedLatest available session print
$129.59
▲ +$1.36(+1.06%)4:04 PM ET - vs previous closeQuote as of Oct 19, 2026, 4:04 PM EDT
Regular-session close · Oct 19, 2026, 4:04 PM EDT.
Last session21%
$129.12L Oct 19 '26$131.40H Oct 19 '26
52-week range9%
$114.50$287.19
Long-term rangesAvailable historyHide
Available history(2000-10-19)37%
$5.74L Jun 4 '02$340.56H Sep 10 '25
Historical range: 2000-10-19–2026-10-16. Earlier trading may not be included.
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Data dates
PriceAt closeLast traded
FundamentalsLast checked
AnalystLast checked
NewsLatest item
What matters next
Next important events
- Dec 8, 2026Next earningsLast verified 2026-10-20
Countdown
49 days out
Reported fundamentals
ORCL financial overview
Annual revenue
USD 67.36B
Sales for the fiscal year ended May 31, 2026. This is not trailing twelve-month revenue.
Revenue change
+17.3%
Change versus the fiscal year ended May 31, 2025.
Net profit margin
25.4%
Net income divided by revenue for the fiscal year ended May 31, 2026. This is not the trailing margin.
These reported results describe the business’s recent scale and profitability. Compare cash generation and valuation before forming an investment view; historical growth is not a forecast.
Company · ProfileAbout Oracle Corp. (ORCL)Sector, leadership, and how Oracle Corp. earns its revenue.Technology
Oracle Corp.
NYSE · ORCL · US
Company overview.
- Sector
- Technology
- Industry
- Software - Infrastructure
- Headquarters
- Austin, Texas
- Country
- US
- Founded
- 1977
- Employees
- 141,000
- CEO
- Mr. Michael D. Sicilia
- Exchange
- NYSE
How Oracle Corp. makes money
Database moat
Legacy strength funds the cloud transition
Oracle database and enterprise applications provide a durable installed base that supports cross-selling into cloud infrastructure and SaaS.
OCI
AI infrastructure changed the story
Oracle Cloud Infrastructure has become more relevant as AI customers seek GPU capacity, networking, and alternative hyperscaler economics.
Backlog
RPO is the central metric
The old pillar emphasized remaining performance obligations because backlog visibility can make Oracle look more like an AI infrastructure growth story.
Capital intensity
Cloud scale has a balance-sheet cost
Oracle has to fund data centers and AI capacity while protecting margins, debt metrics, and shareholder returns.
Key takeaways for ORCL
ORCL is no longer only a mature database stock; OCI and AI infrastructure have become central to the multiple.
Backlog quality matters because large RPO can signal future growth or strain if delivery economics disappoint.
Debt, capex, and customer concentration remain the key constraints on the bull case.
Business model & operating evidenceExplore business exposure, reported operating measures and the evidence behind growth and profitability claims.
AI business exposure
- Revenue exposure
- AI-specific revenue is not separated in the available company statements.
- Capital-spending dependency
- No reviewed quantitative dependency model is available.
- Compute role
- See the sourced business description; AI labels do not establish compute revenue.
- Platform examples
- An exhaustive, consistently defined product inventory is unavailable.
- Ecosystem links
- Supplier and customer links require reviewed disclosures.
Narrative versus numbers
Demand is expanding
Supporting observation: 29.6%
Year-over-year growth in the latest quarter. This differs from the fiscal-year revenue change shown above. · 2026-08-31
Growth produces accounting profit
Supporting observation: 26.4%
Reported-period net margin. A positive figure supports accounting profitability, not cash generation. · 2026-10-19T23:26:27.876Z
The business generates cash after investment
Contradicting observation: USD -5.4B
Latest reported free cash flow. It is not a forecast and may cover a different period from the fiscal-year figures above. · 2026-08-31
These are explicit tests of individual claims, not an overall bull/bear rating. Demand growth can coexist with valuation, concentration and financing risk.
Operating measures
- Revenue
- $19.34Bquarter ended Aug 31, 2026
- Operating margin
- 34.8%quarter ended Aug 31, 2026
- EPS
- $1.56quarter ended Aug 31, 2026
- Capital expenditure
- $28.50Bquarter ended Aug 31, 2026
- Free cash flow
- -$5.40Bquarter ended Aug 31, 2026
- Free cash flow margin
- -27.9%quarter ended Aug 31, 2026
- Operating cash / net income
- 4.85×quarter ended Aug 31, 2026
- Revenue growth year over year
- 29.6%quarter ended Aug 31, 2026
Competitors & comparisonsCompare industry peers, reporting periods and related funds. Business mix and valuation bases may differ.
Reviewed company relationships
Direct competitors, industry comparables and thematic alternatives have different uses. Compare fiscal periods and business mix before comparing multiples.
Company-specific relationship evidence is not included in this snapshot. Explore the industry comparisons below without assuming that every comparable is a direct competitor.
A disclosed relationship is historical evidence, not a current valuation or a recommendation.
Valuation & fund comparisonsExplore dated peer valuations, growth comparisons and related funds.
Governance & sustainability
Research tools
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Next open: 2026-10-20 · 9:30 AM America/New_York
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