Name: Oracle Corp. (NYSE:ORCL) | Analysis of Revenues
Creator: Stock Analysis on Net

Analysis of Revenues

Oracle Corp., income statement, revenues

US$ in millions

12 months ended:	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021	May 31, 2020
Cloud and license business	49,230)	44,464)	41,086)	36,052)	34,099)	32,519)
Hardware business	2,936)	3,066)	3,274)	3,183)	3,359)	3,443)
Services business	5,233)	5,431)	5,594)	3,205)	3,021)	3,106)
Revenues	57,399)	52,961)	49,954)	42,440)	40,479)	39,068)

The revenue data exhibits distinct trends across the three main business segments over the observed time periods.

Cloud and License Business: This segment shows a consistent upward trajectory from 32,519 million US dollars in 2020 to 49,230 million US dollars in 2025. The growth appears steady and accelerates particularly after 2022, evidencing expanding market demand or successful scaling strategies within this area.
Hardware Business: The hardware business experiences a gradual decline in revenue, decreasing from 3,443 million US dollars in 2020 to 2,936 million US dollars in 2025. This gradual decrease suggests a shrinking market share or reduced focus on hardware products within the overall business portfolio during these years.
Services Business: Revenues in the services segment fluctuate, with a slight decrease from 3,106 million US dollars in 2020 to 3,021 million US dollars in 2021, followed by an increase to 5,594 million US dollars in 2023. However, it then slightly decreases to 5,233 million US dollars by 2025. This pattern indicates some volatility but an overall upward movement, which may reflect strategic adjustments or changes in service offerings.
Total Revenues: Total revenues show robust growth over the period, rising from 39,068 million US dollars in 2020 to 57,399 million US dollars in 2025. The annual increments suggest effective expansion strategies and growth primarily driven by the cloud and license business, despite declining hardware revenues and fluctuating services income.