Oracle (ORCL): Company Overview, Stock, Financials & Latest News

Quick Facts

Full Name	Oracle Corporation
Ticker Symbol	NYSE: ORCL
Founded	June 16, 1977
Founders	Larry Ellison, Bob Miner, Ed Oates
Headquarters	Austin, Texas, United States
Leadership	Clay Magouyrk and Mike Sicilia, Co CEOs; Larry Ellison, Chairman and CTO
Employees	Roughly 141,000 worldwide
Industry	Enterprise software, cloud infrastructure, database technology
FY2026 Revenue	$67.4 billion, up 17 percent year over year
FY2026 Cloud Revenue	$34.0 billion, up 39 percent year over year
Market Capitalization	Approximately $400 to $415 billion (as of early July 2026)
Dividend	$0.50 per share quarterly
Stock Exchange	New York Stock Exchange

What Is Oracle?

Oracle Corporation is one of the world’s largest enterprise technology companies. It provides databases, cloud applications, cloud infrastructure, and hardware systems used by corporations, government agencies, and educational institutions around the globe. Oracle is best known for pioneering the commercial relational database, a product that became the backbone of corporate computing for decades.

In recent years, Oracle has repositioned itself as a major player in cloud computing and artificial intelligence infrastructure. Its Oracle Cloud Infrastructure (OCI) division now competes directly with Amazon Web Services, Microsoft Azure, and Google Cloud for large scale AI training and inference workloads, and Oracle has landed some of the largest cloud contracts in the industry, including a widely reported multi year deal with OpenAI.

Company History

Oracle traces its roots to 1977, when Larry Ellison, Bob Miner, and Ed Oates founded Software Development Laboratories in Santa Clara, California. The trio built a commercial relational database management system inspired by a research paper from IBM, and by 1979 the company shipped Oracle Version 2, one of the first commercially available SQL based database products. The company later renamed itself Oracle Systems Corporation, and eventually simply Oracle Corporation, after its flagship product.

Through the 1980s and 1990s, Oracle grew into the dominant database vendor for large enterprises. The company expanded aggressively through acquisitions in the 2000s and 2010s, buying companies such as PeopleSoft, Siebel Systems, Sun Microsystems, NetSuite, and Cerner, each purchase adding new product lines in enterprise applications, hardware, and healthcare technology.

Oracle went public in 1986. In 2020, the company relocated its corporate headquarters from Redwood City, California to Austin, Texas, part of a broader wave of technology companies moving operations to Texas. Since 2020, Oracle has invested heavily in cloud data centers, positioning Oracle Cloud Infrastructure as a core growth engine, particularly for AI workloads.

Founders

Oracle was founded by three people who worked together at a previous employer:

• Larry Ellison, who became Oracle’s longtime CEO and remains the company’s Chairman of the Board and Chief Technology Officer. Ellison is one of the wealthiest individuals in the world and has been a driving force behind Oracle’s AI and cloud strategy.
• Bob Miner, who served as Oracle’s chief architect and led early database engineering efforts. Miner passed away in 1994.
• Ed Oates, who contributed to the original database engineering work and later remained involved with Oracle in various capacities.

CEO

Oracle is currently led by two co CEOs, a leadership structure the company adopted in September 2025:

Safra Catz, who served as Oracle’s sole or joint CEO from 2014 until September 2025, moved into the role of Executive Vice Chair of the Board. Larry Ellison, who co founded Oracle, continues to serve as Chairman of the Board and Chief Technology Officer, remaining closely involved in product and AI strategy.

Headquarters

Oracle’s global headquarters is located in Austin, Texas. The company moved its headquarters there in 2020 after decades based in Redwood City and Redwood Shores, California. Oracle maintains major offices and data center operations around the world, including significant cloud infrastructure investments across North America, Europe, the Middle East, and Asia Pacific to support its rapidly expanding AI and cloud computing business.

Business Segments

Oracle organizes its business primarily around cloud and license offerings, hardware, and services. Within its cloud business, the two headline categories investors watch most closely are:

• Cloud Infrastructure (IaaS), the OCI business that rents out compute, storage, and networking capacity, including large scale GPU clusters used for AI model training and inference.
• Cloud Applications (SaaS), which includes Oracle Fusion Cloud applications for ERP, HCM, and supply chain, plus NetSuite and Oracle Health applications.

Beyond cloud, Oracle also generates revenue from on premise software licenses and license support, from hardware such as Oracle Engineered Systems and enterprise servers, and from consulting and advanced customer support services.

Products and Services

Revenue Breakdown

In fiscal year 2026 (ended May 31, 2026), cloud services became Oracle’s single largest revenue category by a wide margin, overtaking traditional software licensing as the company’s main growth driver.

Cloud Infrastructure (IaaS) revenue alone reached $18.1 billion for the year, up 77 percent, while Cloud Applications (SaaS) revenue reached $15.9 billion, up 11 percent. The gap between these two cloud categories highlights how much of Oracle’s recent growth is coming from AI related infrastructure demand rather than traditional application software.

Financial Performance

Oracle’s total revenue has grown every year for the past five fiscal years, but the pace of growth accelerated sharply in fiscal 2026 as AI infrastructure demand took hold.

Key fiscal year 2026 financial results include:

• Total revenue of $67.4 billion, up 17 percent from fiscal 2025.
• GAAP earnings per share of $5.83, up 34 percent, and non-GAAP earnings per share of $7.63, up 27 percent.
• GAAP net income available to common shareholders of $17.0 billion, up 36 percent.
• Operating cash flow of $32.0 billion, up 54 percent year over year.
• Capital expenditures of $55.7 billion, reflecting Oracle’s aggressive build out of AI data centers.
• Negative free cash flow of $23.7 billion for the year, since capital spending on data centers currently outpaces operating cash flow.
• Remaining Performance Obligations (RPO), essentially Oracle’s contracted revenue backlog, reached a record $638 billion, up 363 percent year over year.

For fiscal year 2027, Oracle has guided to total revenue of approximately $90 billion and plans to raise roughly $40 billion more in debt and equity financing to continue funding its AI infrastructure expansion.

Stock Information

Oracle trades on the New York Stock Exchange under the ticker symbol ORCL. The stock has experienced a dramatic swing over the past year, first surging on AI enthusiasm and record cloud contract wins, then falling sharply as investors grew concerned about the scale of debt Oracle is taking on to fund its data center buildout.

Selected ORCL Stock Metrics, Early July 2026

Recent Closing Price	Approximately $140
52 Week Range	$134.57 to $345.72
Market Capitalization	Approximately $400 to $415 billion
Trailing P/E Ratio	Approximately 24
Trailing EPS (GAAP)	$5.83
Year to Date Performance	Down roughly 25 to 28 percent
1 Year Performance	Down roughly 35 to 40 percent

Analyst opinions on Oracle are notably split. Some Wall Street price targets sit as low as the $150s, reflecting concern about debt and execution risk, while other analysts maintain targets in the $300 to $400 range, arguing that Oracle’s enormous backlog of contracted cloud revenue justifies a much higher valuation once the AI infrastructure buildout starts converting into cash flow.

Dividends

Oracle has paid a quarterly cash dividend since 2009 and has a track record of gradually increasing its payout over time. As of mid 2026, Oracle pays a quarterly dividend of $0.50 per share, which works out to an annualized dividend of $2.00 per share.

• Dividend Frequency: Quarterly
• Quarterly Dividend: $0.50 per share
• Approximate Dividend Yield: Around 1.4 percent, though this moves with the stock price
• Payout Ratio: Roughly one third of earnings, leaving room for continued dividend payments even as Oracle invests heavily in growth

Oracle’s dividend is relatively modest compared to its earnings, since management has historically prioritized reinvestment, acquisitions, and, more recently, AI data center capital spending over aggressive dividend growth.

Competitors

Oracle competes across several distinct markets, from cloud infrastructure to databases to enterprise applications. Its main competitors include:

Recent News

• Oracle reported record fiscal fourth quarter and full year 2026 results on June 10, 2026, with quarterly revenue of $19.2 billion and remaining performance obligations reaching $638 billion, but the stock fell after the report as investors focused on planned debt and equity financing of roughly $40 billion for AI data centers.June 10, 2026
• Oracle shares suffered their worst month since 1990 as broader AI bubble concerns, rising bond yields, and worries about Oracle’s leverage weighed heavily on the stock, even though underlying cloud growth remained strong.Late June and early July 2026
• Oracle disclosed in a recent SEC filing that its AI data center buildout carries meaningful execution risk, warning that heavy capital investment may not generate the expected returns if customer demand or project timelines shift.Late June 2026
• Concerns about Oracle’s rising debt load, which climbed toward roughly $125 billion, pushed up the cost of insuring Oracle’s bonds against default, a sign that credit markets are pricing in higher risk around the company’s AI spending.First half of 2026
• Oracle continues to expand its roster of large scale cloud customers, with previously reported multi year infrastructure agreements tied to AI workloads for major technology partners, supporting a backlog that has grown several times over in the past year.Fiscal year 2026
• Leadership transition: Clay Magouyrk and Mike Sicilia took over as co CEOs in September 2025, succeeding longtime CEO Safra Catz, who moved into the newly created Executive Vice Chair role while remaining on Oracle’s board.September 2025

Frequently Asked Questions

This article is for general informational and educational purposes only and does not constitute financial, investment, or legal advice. Stock prices, financial metrics, and company details change frequently. Always verify current figures with official Oracle investor relations materials, SEC filings, or a live market data source before making any investment decision.

Sources: Oracle Investor Relations earnings releases (fiscal years 2022 through 2026), Oracle SEC filings, and recent market and news reporting from outlets including Reuters, CNBC, Yahoo Finance, and The Motley Fool.