Calculation
| Net profit margin | = | 100 | × | Net income1 | ÷ | Revenues1 | |
|---|---|---|---|---|---|---|---|
| May 31, 2026 | 25.37% | = | 100 | × | 17,087) | ÷ | 67,357) |
| May 31, 2025 | 21.68% | = | 100 | × | 12,443) | ÷ | 57,399) |
| May 31, 2024 | 19.76% | = | 100 | × | 10,467) | ÷ | 52,961) |
| May 31, 2023 | 17.02% | = | 100 | × | 8,503) | ÷ | 49,954) |
| May 31, 2022 | 15.83% | = | 100 | × | 6,717) | ÷ | 42,440) |
| May 31, 2021 | 33.96% | = | 100 | × | 13,746) | ÷ | 40,479) |
| May 31, 2020 | 25.94% | = | 100 | × | 10,135) | ÷ | 39,068) |
| May 31, 2019 | 28.05% | = | 100 | × | 11,083) | ÷ | 39,506) |
| May 31, 2018 | 9.60% | = | 100 | × | 3,825) | ÷ | 39,831) |
| May 31, 2017 | 24.74% | = | 100 | × | 9,335) | ÷ | 37,728) |
| May 31, 2016 | 24.03% | = | 100 | × | 8,901) | ÷ | 37,047) |
| May 31, 2015 | 26.00% | = | 100 | × | 9,938) | ÷ | 38,226) |
| May 31, 2014 | 28.62% | = | 100 | × | 10,955) | ÷ | 38,275) |
| May 31, 2013 | 29.38% | = | 100 | × | 10,925) | ÷ | 37,180) |
| May 31, 2012 | 26.89% | = | 100 | × | 9,981) | ÷ | 37,121) |
| May 31, 2011 | 23.99% | = | 100 | × | 8,547) | ÷ | 35,622) |
| May 31, 2010 | 22.87% | = | 100 | × | 6,135) | ÷ | 26,820) |
| May 31, 2009 | 24.05% | = | 100 | × | 5,593) | ÷ | 23,252) |
| May 31, 2008 | 24.61% | = | 100 | × | 5,521) | ÷ | 22,430) |
| May 31, 2007 | 23.75% | = | 100 | × | 4,274) | ÷ | 17,996) |
| May 31, 2006 | 23.51% | = | 100 | × | 3,381) | ÷ | 14,380) |
| May 31, 2005 | 24.46% | = | 100 | × | 2,886) | ÷ | 11,799) |
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), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31), 10-K (reporting date: 2018-05-31), 10-K (reporting date: 2017-05-31), 10-K (reporting date: 2016-05-31), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).
1 US$ in millions
The net profit margin exhibits significant volatility over the analyzed period, characterized by alternating phases of stability, peak expansion, and sharp episodic declines. While revenues demonstrate a consistent long-term upward trajectory, growing from 11,799 million US$ in 2005 to 67,357 million US$ by 2026, the efficiency of converting these revenues into net income has fluctuated considerably.
- Period of Relative Stability (2005–2010)
- During the initial six years, the net profit margin remained remarkably stable, fluctuating within a narrow range between 22.87% and 24.61%. This period indicates a consistent relationship between cost structures and revenue generation.
- Expansion and Peak Performance (2011–2014)
- A period of margin expansion is observed starting in 2012, with the net profit margin reaching a high of 29.38% in 2013. This suggests an increase in operational efficiency or a shift toward higher-margin revenue streams during this interval.
- High Volatility and Anomalous Declines (2015–2022)
- The data reveals extreme volatility during this phase. A severe contraction occurred in 2018, where the margin dropped to a period low of 9.60%. Although a sharp recovery followed, peaking at 33.96% in 2021, another significant decline occurred in 2022, with the margin falling to 15.83%. These fluctuations suggest the impact of significant non-recurring expenses or major structural transitions.
- Recovery and Projected Growth (2023–2026)
- A consistent upward trend is evident in the final years of the series. The net profit margin recovers steadily from 17.02% in 2023 to 25.37% by 2026, indicating a return to the historical profitability levels seen in the first decade of the analysis.
AI Ask an analyst for more
Comparison to Competitors
| Oracle Corp. | Accenture PLC | Adobe Inc. | AppLovin Corp. | Cadence Design Systems Inc. | Datadog Inc. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Palantir Technologies Inc. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | Workday Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 31, 2026 | 25.37% | — | — | — | — | — | — | 21.29% | 40.31% | — | 2.67% | 17.96% | — | — | 7.26% |
| May 31, 2025 | 21.68% | 11.02% | 30.00% | 60.83% | 20.94% | 3.14% | 15.69% | 20.55% | 36.15% | 36.31% | 12.30% | 16.35% | 13.16% | 18.89% | 6.23% |
| May 31, 2024 | 19.76% | 11.19% | 25.85% | 33.55% | 22.74% | 6.85% | 9.60% | 18.19% | 35.96% | 16.13% | 32.11% | 11.87% | 12.97% | 36.94% | 19.02% |
| May 31, 2023 | 17.02% | 10.72% | 27.97% | 10.87% | 25.46% | 2.28% | 12.13% | 16.59% | 34.15% | 9.43% | 6.38% | 0.66% | 19.30% | 21.05% | -5.90% |
| May 31, 2022 | 15.83% | 11.17% | 27.01% | -6.84% | 23.84% | -2.99% | 2.71% | 16.23% | 36.69% | -19.61% | -4.85% | 5.45% | 4.49% | 19.38% | 0.57% |
| May 31, 2021 | 33.96% | 11.69% | 30.55% | 1.27% | 23.29% | -2.02% | 10.01% | 21.41% | 36.45% | -33.75% | -11.72% | 19.16% | 3.90% | 18.02% | -6.54% |
| May 31, 2020 | 25.94% | 11.52% | 40.88% | — | 22.02% | -4.07% | 7.59% | 23.78% | 30.96% | -106.75% | -7.83% | 0.74% | 2.62% | 18.03% | -13.25% |
| May 31, 2019 | 28.05% | 11.06% | 26.42% | — | 42.33% | -4.61% | 12.22% | 22.95% | 31.18% | — | -2.82% | 8.36% | 18.11% | 15.84% | -14.82% |
| May 31, 2018 | 9.60% | 9.76% | 28.69% | — | 16.17% | — | 10.97% | 20.31% | 15.02% | — | -6.51% | 1.22% | -1.02% | 13.86% | -14.99% |
| May 31, 2017 | 24.74% | 9.37% | 23.20% | — | 10.50% | — | 7.27% | 18.76% | 23.57% | — | -12.30% | 2.14% | -7.71% | 5.01% | -26.01% |
| May 31, 2016 | 24.03% | 11.82% | 19.96% | — | 11.18% | — | 14.86% | 20.86% | 19.69% | — | -16.39% | -0.71% | -32.49% | 11.01% | -24.94% |
| May 31, 2015 | 26.00% | 9.28% | 13.13% | — | 14.83% | — | 16.14% | 8.71% | 13.03% | — | -17.78% | -4.89% | -19.73% | 10.08% | -31.48% |
| May 31, 2014 | 28.62% | 9.23% | 6.47% | — | 10.05% | — | 12.96% | 20.13% | 25.42% | — | -37.86% | -5.70% | -26.28% | 12.59% | -36.79% |
| May 31, 2013 | 29.38% | 10.80% | 7.15% | — | 11.25% | — | 16.52% | 20.57% | 28.08% | — | -7.38% | -8.87% | -17.36% | 12.63% | -43.55% |
| May 31, 2012 | 26.89% | 8.58% | 18.91% | — | 33.17% | — | 15.89% | 19.08% | 23.03% | — | 0.29% | -0.51% | -15.32% | 10.39% | — |
| May 31, 2011 | 23.99% | 8.33% | 19.75% | — | 6.28% | — | 14.83% | 16.46% | 33.10% | — | — | 3.89% | — | 14.42% | — |
| May 31, 2010 | 22.87% | 7.71% | 20.39% | — | 13.52% | — | 14.85% | 16.61% | 30.02% | — | — | 6.18% | — | 17.17% | — |
| May 31, 2009 | 24.05% | 6.86% | 13.12% | — | -17.58% | — | 14.02% | 14.05% | 24.93% | — | — | 4.03% | — | 12.33% | — |
| May 31, 2008 | 24.61% | 6.68% | 24.35% | — | -178.51% | — | 11.90% | 15.52% | 29.26% | — | — | 2.45% | — | 14.21% | — |
| May 31, 2007 | 23.75% | 5.79% | 22.92% | — | 18.34% | — | 10.55% | 16.46% | 27.51% | — | — | 0.10% | — | 10.76% | — |
| May 31, 2006 | 23.51% | 5.34% | 19.64% | — | 9.61% | — | 10.38% | 17.80% | 28.45% | — | — | 9.19% | — | 2.26% | — |
| May 31, 2005 | 24.46% | 5.50% | 30.66% | — | 3.71% | — | 8.71% | 18.73% | 30.80% | — | — | 4.16% | — | -1.56% | — |
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), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31), 10-K (reporting date: 2018-05-31), 10-K (reporting date: 2017-05-31), 10-K (reporting date: 2016-05-31), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).
Comparison to Sector (Software & Services)
| Oracle Corp. | Software & Services | |
|---|---|---|
| May 31, 2026 | 25.37% | — |
| May 31, 2025 | 21.68% | 26.19% |
| May 31, 2024 | 19.76% | 24.83% |
| May 31, 2023 | 17.02% | 21.91% |
| May 31, 2022 | 15.83% | 21.55% |
| May 31, 2021 | 33.96% | 25.12% |
| May 31, 2020 | 25.94% | 20.08% |
| May 31, 2019 | 28.05% | 21.61% |
| May 31, 2018 | 9.60% | 12.10% |
| May 31, 2017 | 24.74% | 15.36% |
| May 31, 2016 | 24.03% | 16.49% |
| May 31, 2015 | 26.00% | 14.57% |
| May 31, 2014 | 28.62% | 18.21% |
| May 31, 2013 | 29.38% | 20.55% |
| May 31, 2012 | 26.89% | 18.62% |
| May 31, 2011 | 23.99% | 20.48% |
| May 31, 2010 | 22.87% | 19.41% |
| May 31, 2009 | 24.05% | 17.17% |
| May 31, 2008 | 24.61% | 16.67% |
| May 31, 2007 | 23.75% | 15.91% |
| May 31, 2006 | 23.51% | 15.65% |
| May 31, 2005 | 24.46% | 15.06% |
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), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31), 10-K (reporting date: 2018-05-31), 10-K (reporting date: 2017-05-31), 10-K (reporting date: 2016-05-31), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).
Comparison to Industry (Information Technology)
| Oracle Corp. | Information Technology | |
|---|---|---|
| May 31, 2026 | 25.37% | — |
| May 31, 2025 | 21.68% | 25.66% |
| May 31, 2024 | 19.76% | 20.48% |
| May 31, 2023 | 17.02% | 20.24% |
| May 31, 2022 | 15.83% | 22.27% |
| May 31, 2021 | 33.96% | 23.48% |
| May 31, 2020 | 25.94% | 19.76% |
| May 31, 2019 | 28.05% | 19.73% |
| May 31, 2018 | 9.60% | 18.59% |
| May 31, 2017 | 24.74% | 17.77% |
| May 31, 2016 | 24.03% | 17.58% |
| May 31, 2015 | 26.00% | 18.32% |
| May 31, 2014 | 28.62% | 19.33% |
| May 31, 2013 | 29.38% | 20.15% |
| May 31, 2012 | 26.89% | 20.07% |
| May 31, 2011 | 23.99% | 20.71% |
| May 31, 2010 | 22.87% | 20.19% |
| May 31, 2009 | 24.05% | 14.45% |
| May 31, 2008 | 24.61% | 15.07% |
| May 31, 2007 | 23.75% | 15.71% |
| May 31, 2006 | 23.51% | 16.26% |
| May 31, 2005 | 24.46% | 16.64% |
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), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31), 10-K (reporting date: 2018-05-31), 10-K (reporting date: 2017-05-31), 10-K (reporting date: 2016-05-31), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).