Oracle (ORCL) FY2025 results: revenue $57.4 billion, up 8.4% on the year
Oracle Corp. (ORCL) reported revenue of $57.4 billion for fiscal 2025, the year ended 31 May 2025, up 8.4% on the year before. Net income was $12.4 billion, up 18.9%, and diluted earnings per share $4.34. The figures are the company's own, from the 10-K it filed with the SEC on 18 June 2025.
Revenue
$57.4 billion
+8.4% on the year
FY2018FY2025
Operating margin
30.8%
29.0% a year earlier
FY2018FY2025
Net income
$12.4 billion
+18.9% on the year
FY2018FY2025
Diluted EPS
$4.34
+17.0% on the year
FY2018FY2025
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Operating cash flow
20,821
18,673
17,165
+11.5%
Capital expenditure
21,215
6,866
8,695
+209.0%
Free cash flow
-394
11,807
8,470
Free cash flow margin
-0.7%
22.3%
17.0%
Cash from investing
-21,711
-7,360
-36,484
Cash from financing
1,098
-10,554
7,910
Depreciation and amortisation
6,174
6,139
6,108
+0.6%
Share-based compensation
4,674
3,974
3,547
+17.6%
Buybacks
600
1,202
1,300
-50.1%
Dividends paid
4,743
4,391
3,668
+8.0%
Dividend per share
$1.70
$1.60
$1.36
+6.2%
Diluted shares, weighted
2,866m
2,823m
2,766m
+1.5%
Shares outstanding at period end
2,807m
2,755m
2,713m
+1.9%
Balance sheet
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Shareholders' equity
20,451
8,704
1,073
+135.0%
Non-controlling interest
518
535
483
-3.2%
Debt
92,568
86,869
90,481
+6.6%
Operating lease liabilities
11,536
6,255
4,000
+84.4%
Finance lease liabilities
2,677
n/a
n/a
Other liabilities
40,611
38,613
38,347
+5.2%
Total liabilities and equity
168,361
140,976
134,384
+19.4%
Fixed assets
43,522
21,536
17,069
+102.1%
Goodwill
62,207
62,230
62,261
-0.0%
Intangible assets
4,587
6,890
9,837
-33.4%
Investments
417
207
422
+101.4%
Cash and equivalents
10,786
10,454
9,765
+3.2%
Receivables
8,558
7,874
6,915
+8.7%
Inventory
303
334
298
-9.3%
Other assets
37,981
31,451
27,817
+20.8%
Total assets
168,361
140,976
134,384
+19.4%
10-K for the year ended 31 May 2025, filed 18 June 2025: the filing.