Balance Sheet: Liabilities and Stockholders’ Equity

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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Oracle Corp., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

	May 31, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Notes payable and other borrowings, current	7,199)	7,271)	10,605)	4,061)	3,749)	8,250)
Accounts payable	10,977)	5,113)	2,357)	1,204)	1,317)	745)
Accrued compensation and related benefits	2,225)	2,243)	1,916)	2,053)	1,944)	2,017)
Deferred revenues	9,916)	9,387)	9,313)	8,970)	8,357)	8,775)
Finance lease liabilities, current	620)	257)	—)	—)	—)	—)
Other current liabilities	10,827)	8,372)	7,353)	6,802)	4,144)	4,377)
Current liabilities	41,764)	32,643)	31,544)	23,090)	19,511)	24,164)
Notes payable and other borrowings, non-current	122,342)	85,297)	76,264)	86,420)	72,110)	75,995)
Income taxes payable	11,771)	10,269)	10,817)	11,077)	12,210)	12,345)
Operating lease liabilities, non-current	26,648)	11,536)	6,255)	3,984)	2,931)	2,118)
Finance lease liabilities, non-current	7,081)	2,677)	—)	—)	—)	—)
Other non-current liabilities	9,097)	4,970)	6,857)	8,257)	8,303)	10,533)
Non-current liabilities	176,939)	114,749)	100,193)	109,738)	95,554)	100,991)
Total liabilities	218,703)	147,392)	131,737)	132,828)	115,065)	125,155)
6.50% Series D Mandatory Convertible Preferred Stock, $0.01 par value and additional paid in capital	4,954)	—)	—)	—)	—)	—)
Common stock, $0.01 par value and additional paid in capital	43,243)	37,107)	32,764)	30,215)	26,808)	26,533)
Accumulated deficit	(4,309)	(15,481)	(22,628)	(27,620)	(31,336)	(20,120)
Accumulated other comprehensive loss	(1,380)	(1,175)	(1,432)	(1,522)	(1,692)	(1,175)
Total Oracle Corporation stockholders’ equity (deficit)	42,508)	20,451)	8,704)	1,073)	(6,220)	5,238)
Noncontrolling interests	548)	518)	535)	483)	452)	714)
Total stockholders’ equity (deficit)	43,056)	20,969)	9,239)	1,556)	(5,768)	5,952)
Total liabilities and stockholders’ equity (deficit)	261,759)	168,361)	140,976)	134,384)	109,297)	131,107)

Based on: 10-K (reporting date: 2026-05-31), 10-K (reporting date: 2025-05-31), 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31).

The total liabilities and stockholders' equity demonstrate a significant expansion over the six-year period, increasing from US$ 131,107 million in 2021 to US$ 261,759 million by 2026. This growth is primarily characterized by a substantial rise in total liabilities and a marked recovery in the stockholders' equity position.

Current Liabilities Trends: Current liabilities exhibit an overall upward trajectory, rising from US$ 24,164 million in 2021 to US$ 41,764 million in 2026. A primary driver of this increase is the growth in accounts payable, which surged from US$ 745 million in 2021 to US$ 10,977 million in 2026. Other current liabilities also showed a steady increase, reaching US$ 10,827 million by the end of the period.
Non-Current Liabilities and Long-Term Debt: Non-current liabilities experienced a sharp escalation, particularly in the final year of the period, ending at US$ 176,939 million in 2026. This is largely attributed to a significant increase in non-current notes payable and other borrowings, which rose to US$ 122,342 million. Additionally, operating lease liabilities grew aggressively from US$ 2,118 million in 2021 to US$ 26,648 million in 2026, indicating a substantial expansion in long-term infrastructure or facility commitments.
Stockholders' Equity and Solvency: The equity position underwent a significant turnaround, moving from a deficit of US$ 5,768 million in 2022 to a positive balance of US$ 43,056 million by 2026. This recovery was driven by two main factors: a substantial reduction in the accumulated deficit, which improved from -US$ 31,336 million in 2022 to -US$ 4,309 million in 2026, and a steady increase in common stock and additional paid-in capital, which grew to US$ 43,243 million in 2026.
Overall Capital Structure: Total liabilities rose from US$ 125,155 million in 2021 to US$ 218,703 million in 2026. While the organization has increased its leverage through long-term borrowings and lease obligations, the simultaneous and rapid growth in stockholders' equity suggests a strategic shift toward improving the overall solvency and capital base of the balance sheet.

AI Ask an analyst for more

Download chart

Oracle Corp. (NYSE:ORCL)

Balance Sheet: Liabilities and Stockholders’ Equity