Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Oracle Corp., consolidated balance sheet: assets (quarterly data)

US$ in millions

	Nov 30, 2025	Aug 31, 2025	May 31, 2025	Feb 28, 2025	Nov 30, 2024	Aug 31, 2024	May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021	May 31, 2021	Feb 28, 2021	Nov 30, 2020	Aug 31, 2020	May 31, 2020	Feb 29, 2020	Nov 30, 2019	Aug 31, 2019
Cash and cash equivalents	19,241)	10,445)	10,786)	17,406)	10,941)	10,616)	10,454)	9,481)	8,244)	11,613)	9,765)	8,219)	6,813)	10,448)	21,383)	22,682)	17,938)	23,059)	30,098)	22,321)	28,001)	27,276)	37,239)	23,829)	24,540)	31,083)
Marketable securities	525)	560)	417)	417)	370)	295)	207)	423)	446)	470)	422)	550)	537)	772)	519)	707)	4,900)	16,251)	16,456)	13,543)	10,592)	15,003)	5,818)	2,029)	2,904)	4,621)
Trade receivables, net of allowances for credit losses	9,440)	8,843)	8,558)	8,051)	8,177)	8,021)	7,874)	7,297)	6,804)	6,519)	6,915)	6,213)	6,197)	5,937)	5,953)	4,588)	4,462)	4,482)	5,409)	4,637)	4,423)	4,576)	5,551)	4,162)	4,050)	3,820)
Prepaid expenses and other current assets	5,160)	4,786)	4,818)	4,242)	4,015)	4,140)	4,019)	3,862)	3,795)	3,564)	3,902)	3,714)	4,014)	3,847)	3,778)	3,698)	3,778)	3,325)	3,604)	3,243)	3,235)	3,084)	3,532)	3,422)	3,046)	2,860)
Current assets	34,366)	24,634)	24,579)	30,116)	23,503)	23,072)	22,554)	21,063)	19,289)	22,166)	21,004)	18,696)	17,561)	21,004)	31,633)	31,675)	31,078)	47,117)	55,567)	43,744)	46,251)	49,939)	52,140)	33,442)	34,540)	42,384)
Property, plant and equipment, net	67,875)	53,194)	43,522)	31,970)	26,432)	23,094)	21,536)	19,117)	18,009)	17,644)	17,069)	16,345)	14,351)	12,280)	9,716)	8,609)	8,029)	7,610)	7,049)	6,816)	6,627)	6,401)	6,244)	6,248)	6,270)	6,264)
Intangible assets, net	3,760)	4,167)	4,587)	5,131)	5,679)	6,270)	6,890)	7,629)	8,378)	9,074)	9,837)	10,707)	11,593)	12,499)	1,440)	1,688)	1,881)	2,181)	2,430)	2,754)	3,061)	3,405)	3,738)	4,088)	4,492)	4,861)
Goodwill	62,207)	62,211)	62,207)	62,171)	62,204)	62,249)	62,230)	62,222)	62,231)	62,206)	62,261)	61,499)	61,513)	61,629)	43,811)	43,833)	43,842)	43,862)	43,935)	43,954)	43,877)	43,867)	43,769)	43,781)	43,810)	43,733)
Deferred tax assets	11,531)	11,734)	11,877)	11,799)	11,984)	12,219)	12,273)	12,688)	12,758)	12,243)	12,226)	12,153)	12,091)	12,065)	12,782)	13,109)	13,265)	13,391)	13,636)	13,725)	3,401)	3,152)	3,252)	2,883)	2,751)	2,654)
Other non-current assets	25,245)	24,509)	21,589)	20,191)	18,681)	17,310)	15,493)	14,363)	13,659)	13,329)	11,987)	12,220)	11,360)	10,832)	9,915)	9,730)	8,802)	8,763)	8,490)	7,116)	6,797)	6,782)	6,295)	6,262)	6,580)	6,333)
Non-current assets	170,618)	155,815)	143,782)	131,262)	124,980)	121,142)	118,422)	116,019)	115,035)	114,496)	113,380)	112,924)	110,908)	109,305)	77,664)	76,969)	75,819)	75,807)	75,540)	74,365)	63,763)	63,607)	63,298)	63,262)	63,903)	63,845)
Total assets	204,984)	180,449)	168,361)	161,378)	148,483)	144,214)	140,976)	137,082)	134,324)	136,662)	134,384)	131,620)	128,469)	130,309)	109,297)	108,644)	106,897)	122,924)	131,107)	118,109)	110,014)	113,546)	115,438)	96,704)	98,443)	106,229)

The financial data over the presented quarterly periods reveals several notable trends in the company’s asset composition and liquidity position.

Cash and Cash Equivalents: Cash and cash equivalents fluctuated significantly, with a high point observed in May 2020 and a subsequent decline through 2022. In the latter periods, there is a recovery trend with values increasing again towards 2025, indicating renewed liquidity strength after a trough in late 2022 and early 2023.
Marketable Securities: The balance of marketable securities showed volatility, peaking in mid-2020 then sharply declining by late 2021. The amounts have remained relatively low and stable post-2021, suggesting a strategic shift away from liquid investments or disposals consistent with liquidity needs or portfolio reallocation.
Trade Receivables, Net: Trade receivables exhibited a general upward trajectory across the entire period, increasing from around 3.8 billion to over 9.4 billion by 2025. This consistent rise suggests growth in credit sales or expansion of operations, highlighting increased revenue recognition on credit terms.
Prepaid Expenses and Other Current Assets: Prepaid expenses and other current assets exhibited a gradual increase, moving from approximately 2.9 billion in 2019 to over 5 billion by 2025. This steady growth may reflect increased operating scale or changes in expense management and timing.
Current Assets: Current assets mirrored fluctuations seen in cash and marketable securities but overall showed significant variability. A peak was noted in mid-2020 followed by a decline through 2022, and a moderate recovery by 2025, implying cyclical liquidity management responding to broader operational and market conditions.
Property, Plant, and Equipment (Net): There is a strong and consistent upward trend in net property, plant, and equipment, nearly tripling from approximately 6.3 billion in 2019 to over 67 billion by 2025. This signals substantial capital investment and capacity expansion efforts over the period analyzed.
Intangible Assets (Net): Intangible assets decreased steadily from just under 5 billion to around 3.8 billion by 2022, then rose sharply following that period before declining again towards 2025. These fluctuations may correspond to amortization processes balanced against new acquisitions or reevaluations of intangible asset values.
Goodwill: Goodwill remained relatively stable until late 2021, after which there is a sharp increase to over 62 billion, maintaining that level through 2025. This reflects significant acquisition activity, possibly related to business combinations or restructurings during that period.
Deferred Tax Assets: Deferred tax assets peaked substantially in early 2021 before gradually declining through 2025. The earlier jump indicates recognition of tax benefits linked perhaps to acquisitions or tax loss carryforwards, followed by amortization or utilization of these assets over time.
Other Non-Current Assets: These assets demonstrated a consistent increase from around 6.3 billion in 2019 to over 25 billion by 2025, indicating investments in long-term assets or other strategic holdings enhancing the company’s asset base.
Non-Current Assets: The total non-current assets grew substantially, from about 63.8 billion to over 170 billion. This major growth is driven primarily by increases in property, plant and equipment, goodwill, and other long-term assets, reflecting a significant expansion in the company’s long-term investment profile.
Total Assets: Total assets showed volatility but an overall increasing trend from approximately 106 billion in 2019 to nearly 205 billion by 2025. The asset base expanded notably with peaks in 2021 and a continued upward trajectory through 2025, correlating with increases in both current and non-current asset categories.

In summary, the company has demonstrated substantial asset growth, particularly in property, plant and equipment and goodwill, indicating active investment and acquisition strategies. Liquidity positions showed variability reflecting strategic cash and marketable securities management, while trade receivables’ steady increase signals growing operational activity. Deferred tax assets and intangible assets displayed more complex patterns due to accounting and strategic factors. Overall, the financial structure evolved towards a larger, more asset-intensive profile with increased long-term commitments and sustained operational expansion.

Assets: Selected Items

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Current Assets: Selected Items

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Oracle Corp. (NYSE:ORCL)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data