Stock Analysis on Net

Oracle Corp. (NYSE:ORCL)

$24.99

Balance Sheet: Liabilities and Stockholders’ Equity
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.

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.

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Oracle Corp., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
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
Notes payable and other borrowings, current
Accounts payable
Accrued compensation and related benefits
Deferred revenues
Other current liabilities
Current liabilities
Notes payable and other borrowings, non-current
Income taxes payable
Operating lease liabilities, non-current
Other non-current liabilities
Non-current liabilities
Total liabilities
Preferred stock, $0.01 par value; outstanding: none
Common stock, $0.01 par value and additional paid in capital
Accumulated deficit
Accumulated other comprehensive loss
Total Oracle Corporation stockholders’ equity (deficit)
Noncontrolling interests
Total stockholders’ equity (deficit)
Total liabilities and stockholders’ equity (deficit)

Based on: 10-Q (reporting date: 2025-11-30), 10-Q (reporting date: 2025-08-31), 10-K (reporting date: 2025-05-31), 10-Q (reporting date: 2025-02-28), 10-Q (reporting date: 2024-11-30), 10-Q (reporting date: 2024-08-31), 10-K (reporting date: 2024-05-31), 10-Q (reporting date: 2024-02-29), 10-Q (reporting date: 2023-11-30), 10-Q (reporting date: 2023-08-31), 10-K (reporting date: 2023-05-31), 10-Q (reporting date: 2023-02-28), 10-Q (reporting date: 2022-11-30), 10-Q (reporting date: 2022-08-31), 10-K (reporting date: 2022-05-31), 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-Q (reporting date: 2021-08-31), 10-K (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-Q (reporting date: 2020-08-31), 10-K (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31).


Current Liabilities
The current liabilities exhibited a fluctuating trend over the observed periods. Starting from a moderate level, there was a notable jump around the period ending August 31, 2022, reaching a peak significantly higher than previous quarters. Following this peak, current liabilities declined but showed irregular movements thereafter. Notably, notes payable and borrowings, current, showed spikes and troughs, with a major peak occurring in August 2022 and another surge by late 2024. Accounts payable generally trended upward, culminating in a steep increase toward the final periods. Accrued compensation and related benefits remained relatively stable with some variability but without dramatic changes. Deferred revenues followed an up-and-down pattern, peaking around August 31, 2023, then stabilizing somewhat. Other current liabilities displayed fluctuations but with an overall upward pattern.
Non-current Liabilities
Non-current liabilities followed an increasing trend with some volatility. Notes payable and borrowings at non-current levels maintained a high base but gradually climbed from late 2022 onward, reaching their highest levels towards the final quarters. Other non-current liabilities showed substantial jumps in the middle periods, particularly around February 28, 2021, then stabilized somewhat before a marked increase again in late 2024 and early 2025. New operating lease liabilities recorded only in the last three periods showed a sharp rise, indicating additional long-term obligations during this timeframe.
Total Liabilities
Total liabilities mirrored the collective movements of current and non-current liabilities. They increased substantially through several peaks, notably in mid-2020 and late 2022, with the highest recorded in November 2025. Despite some periods of decline and stabilization, the overall trend points toward growing leverage and obligations for the company over the timeframe analyzed.
Stockholders’ Equity and Deficit
Stockholders’ equity experienced significant volatility and periods of negative valuation. It declined steadily from August 2019 to August 2021, passing through a cumulative deficit phase until late 2021. Thereafter, a recovery began, leading to positive and rising equity values, reaching a substantial increase by late 2025. Common stock and additional paid-in capital showed a steady upward trend throughout the entire period, suggesting ongoing capital injections or retained earnings contributions. The accumulated deficit decreased progressively from deep negative values in 2021 toward a less negative and eventually positive position by mid-2023, consistent with the recovery in overall equity. Accumulated other comprehensive loss displayed mild fluctuations but generally remained within a relatively narrow range.
Balance Sheet Structure
The total liabilities and stockholders’ equity combined to create an overall asset base that expanded over time, particularly accelerating after 2021. This expansion reflects growing business scale or investment activities. The growth in both liabilities and equity suggests the company is increasing its financing capacity, balancing between debt and shareholder funding. The substantial increases in both current and long-term notes payable point to reliance on borrowing, possibly to support growth initiatives or manage liquidity.
Summary of Trends and Insights
The company demonstrated an increase in liabilities over the period, with notable volatility in both current and non-current categories. The spike in current liabilities in 2022 and gradual build-up of non-current borrowings indicate phases of financial adjustments or expansions requiring enhanced funding. Concurrently, the equity position experienced significant recovery after hitting negative values, indicating possible operational improvements or capital restructuring. Accumulated deficits lessened and turned positive, a favorable sign for future financial stability. Overall, the growing total asset base and equity gains alongside increasing liabilities signify a company navigating expansion while managing its capital structure dynamically.