Oracle Corp Reports Impressive Growth in Cloud Services and License Support in Latest SEC Filings

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.

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.

Income Statement

Financials in millions USD. Fiscal year is June – May. source

Year 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 – 1992
0 Revenue 42440 40479 39068 39506 39383 37792 37047 38226 38275 37180 Upgrade
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
3 Gross Profit 33563 32624 31130 31511 31323 30340 29568 30694 31039 29801 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
7 Operating Expenses 22637 17411 17234 17976 18059 17427 16964 16823 16280 15117 Upgrade
8 Operating Income 10926 15213 13896 13535 13264 12913 12604 13871 14759 14684 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
11 Pretax Income 7649 12999 12063 12268 12424 11680 11442 12834 13704 13898 Upgrade
12 Income Tax 932 -747 1928 1185 8837 2228 2541 2896 2749 2973 Upgrade
13 Net Income 6717 13746 10135 11083 3587 9452 8901 9938 10955 10925 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
17 Shares Change -7.81% -8.26% -11.74% -11.94% 0.50% -2.04% -4.40% -2.19% -4.95% -4.93% Upgrade
18 EPS (Basic) 2.49 4.67 3.16 3.05 0.87 2.30 2.11 2.26 2.42 2.29 Upgrade
19 EPS (Diluted) 2.41 4.55 3.08 2.97 0.85 2.24 2.07 2.21 2.38 2.26 Upgrade
20 EPS Growth -47.03% 47.73% 3.70% 249.41% -62.05% 8.21% -6.33% -7.14% 5.31% 15.31% 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
23 Dividend Growth 23.08% 8.33% 18.52% 6.58% 18.75% 6.67% 17.65% 6.25% 60.00% 25.00% Upgrade
24 Gross Margin 79.08% 80.59% 79.68% 79.76% 79.53% 80.28% 79.81% 80.30% 81.09% 80.15% Upgrade
25 Operating Margin 25.74% 37.58% 35.57% 34.26% 33.68% 34.17% 34.02% 36.29% 38.56% 39.49% Upgrade
26 Profit Margin 15.83% 33.96% 25.94% 28.05% 9.11% 25.01% 24.03% 26.00% 28.62% 29.38% 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
29 EBITDA 13526 18411 17026 17269 17234 15929 15418 16838 17526 17626 Upgrade
30 EBITDA Margin 31.87% 45.48% 43.58% 43.71% 43.76% 42.15% 41.62% 44.05% 45.79% 47.41% Upgrade
31 Depreciation & Amortization 3122 2916 2968 2919 2785 2451 2509 2861 2908 2931 Upgrade
32 EBIT 10404 15495 14058 14350 14449 13478 12909 13977 14618 14695 Upgrade
33 EBIT Margin 24.51% 38.28% 35.98% 36.32% 36.69% 35.66% 34.84% 36.56% 38.19% 39.52% 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!