Oracle Corporation (ticker: ORCL), a multinational computer technology corporation headquartered in Texas, has revealed impressive growth within its cloud services and license support segments in their latest SEC filings. As a major player in the global IT market, specializing in database software and technology, enterprise software products, and cloud engineering systems, Oracle’s strong performance in these areas demonstrates the company’s commitment to innovation and adaptation to the rapidly changing technology landscape.
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In the SEC report, Oracle reported significant growth in its Cloud Services and License Support segments
These encapsulate a variety of solutions such as cloud infrastructure, platform services, applications and support for software licenses. The demand for these services has seen a consistent growth trajectory and Oracle has been successful in catering to the demands of its large customer base, which includes a constantly expanding portfolio of industries and market segments.
Oracle’s strong performance can be attributed to its evolving product portfolio and strategic partnerships
The company has made significant investments in research and development in recent years, aimed at enhancing the functionality of existing offerings while also pioneering new cutting-edge technologies. This process has allowed Oracle to deliver industry-leading products and services that meet the needs of its customers, driving increased revenue and market share.
In addition to the Cloud Services and License Support segments, Oracle has also reported strong performance in its Hardware and Services businesses
The SEC report showcases that Oracle’s hardware segment, which covers elements like servers, storage, and networking, also witnessed an impressive growth trajectory. Oracle’s Services business, which encompasses a range of services such as consulting, training, and support, also flourished during the reporting period.
These growth trends can be linked with the company’s strategic initiatives, which include expanding into new markets and nurturing strong industry relationships
Oracle has continued to build a robust presence in international markets, as evidenced by the SEC filings, with significant revenue and expansion occurring in countries like the United States, Japan, Germany, and the United Kingdom. Building a strong global presence has been a lynchpin of Oracle’s overarching growth strategy, as it allows the company to tap into new customer segments and increase their overall market share.
Moreover, Oracle has maintained a strong focus on establishing solid partnerships with other industry players, further promoting their growth and strong performance in the industry
One such noteworthy partnership is with Cerner Corporation, a leading provider of health care IT solutions. This collaboration benefits both companies by leveraging their collective expertise and resources to enable a higher level of innovation and development in their respective businesses.
The success reflected in Oracle’s SEC filings is a testament to the company’s ability to evolve and adapt, as well as its commitment to innovation
Oracle has consistently demonstrated an unwavering focus on delivering high-quality products and services that cater to the demands of the ever-changing technology landscape. As the company continues to invest in research and development and form strategic partnerships, the future looks bright for Oracle, with a strong potential for further growth and success in the years to come.
Financials in millions USD. Fiscal year is June – May. source
|Year||2022||2021||2020||2019||2018||2017||2016||2015||2014||2013||2012 – 1992|
|1||Revenue Growth (YoY)||4.84%||3.61%||-1.11%||0.31%||4.21%||2.01%||-3.08%||-0.13%||2.95%||0.16%||Upgrade|
|2||Cost of Revenue||8877||7855||7938||7995||8060||7452||7479||7532||7236||7379||Upgrade|
|4||Selling, General & Admin||9364||8936||9275||9774||9715||9257||9039||8732||8605||8134||Upgrade|
|5||Research & Development||7219||6527||6067||6026||6084||6153||5787||5524||5151||4850||Upgrade|
|6||Other Operating Expenses||6054||1948||1892||2176||2260||2017||2138||2567||2524||2133||Upgrade|
|9||Interest Expense / Income||2755||2496||1995||2082||2025||1798||1467||1143||914||797||Upgrade|
|10||Other Expense / Income||522||-282||-162||-815||-1185||-565||-305||-106||141||-11||Upgrade|
|14||Net Income Growth||-51.13%||35.63%||-8.55%||208.98%||-62.05%||6.19%||-10.43%||-9.28%||0.27%||9.46%||Upgrade|
|15||Shares Outstanding (Basic)||2700||2945||3211||3634||4121||4115||4221||4404||4528||4769||Upgrade|
|16||Shares Outstanding (Diluted)||2786||3022||3294||3732||4238||4217||4305||4503||4604||4844||Upgrade|
|21||Free Cash Flow Per Share||1.86||4.67||3.60||3.55||3.31||2.94||2.96||3.00||3.17||2.85||Upgrade|
|22||Dividend Per Share||1.280||1.040||0.960||0.810||0.760||0.640||0.600||0.510||0.480||0.300||Upgrade|
|27||Free Cash Flow Margin||11.85%||33.97%||29.63%||32.63%||34.66%||32.03%||33.73%||34.50%||37.47%||36.51%||Upgrade|
|28||Effective Tax Rate||12.18%||-5.75%||15.98%||9.66%||71.13%||19.08%||22.21%||22.57%||20.06%||21.39%||Upgrade|
|31||Depreciation & Amortization||3122||2916||2968||2919||2785||2451||2509||2861||2908||2931||Upgrade|
Note that we may hold securities mentioned in this article. All data is based on recent SEC filings. Even though we have implemented various manual and automatic fact-checking and data acquisition processes, some incorrect information may have slipped through (false positive). Let us know if you find any inconsistencies!