Oracle (ORCL) 10-K Summary — Year Ended May 31, 2026
Oracle's annual filing reports a year of substantial revenue growth and strong profitability, with significant operating cash flow. The company engaged in major capital-raising activities, including debt and preferred stock issuance, and used proceeds for capital expenditures and shareholder returns.
Key takeaway
Year ended May 31, 2026 · FY2026 10-K
Oracle's annual filing reports a year of substantial revenue growth and strong profitability, with significant operating cash flow. The company engaged in major capital-raising activities, including debt and preferred stock issuance, and used proceeds for capital expenditures and shareholder returns.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$67.4B
Revenue reported for the fiscal year.
Operating income
$20.6B
Income from operations reported for the year.
Net income
$17.1B
Net income reported for the year.
Operating cash flow
$32B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| May 31, 2023 | $50B | +17.7% |
| May 31, 2024 | $53B | +6.0% |
| May 31, 2025 | $57.4B | +8.4% |
| May 31, 2026 | $67.4B | +17.3% |
Business overview
The filing does not provide a detailed description of the company's business operations. Available information focuses on financial activities such as capital raising, investments, and shareholder returns.
Financial performance
Revenue increased in each of the recent periods, with the most recent year showing a notable acceleration. Operating income and net income were both high, and cash generated from operations remained substantial.
Material risks
The filing references risk factors but does not specify them in the supplied context. No material risks are described in detail.
Liquidity and capital
Working capital improved due to net income, proceeds from debt and equity issuances, and investment sales, partially offset by capital expenditures, dividends, and other cash outflows. Cash and marketable securities increased substantially.
What to watch
The company's future debt levels and ability to manage its leverage following significant debt issuance should be monitored.