Oracle (ORCL) Revenue — Quarter Ended May 31, 2024
Revenue increased in the current quarter compared with the prior quarter. It also rose compared with the same period a year ago.
Key takeaway
Quarter ended May 31, 2024 · FY2024 Q4
Revenue increased in the current quarter compared with the prior quarter. It also rose compared with the same period a year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$14.3B
Revenue reported for this quarter.
Quarter-over-quarter
+7.6%
Change from the immediately preceding quarter.
Year-over-year
+3.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$53B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Aug 31, 2023 | $12.5B | +8.8% |
| Nov 30, 2023 | $12.9B | +5.4% |
| Feb 29, 2024 | $13.3B | +7.1% |
| May 31, 2024 | $14.3B | +3.3% |
Revenue performance
Reported revenue moved upward for the quarter. This marks the highest reported revenue across the four most recent quarters.
Quarterly comparison
Revenue exceeded the immediately preceding quarter. It also surpassed the level reported in the same quarter of the prior year.
What to watch
The filing notes a decrease in working capital due to reclassification of long-term debt and various cash uses.