Analysis of Profitability Ratios
Quarterly Data
Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Oracle Corp., profitability ratios (quarterly data)
Based on: 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).
The financial data reveals distinct trends across key profitability and efficiency metrics over the analyzed periods.
- Gross Profit Margin
- The gross profit margin exhibited a gradual decline from approximately 80.59% in mid-2020 to 69.66% by mid-2025. This consistent downward movement suggests an ongoing increase in cost of goods sold relative to revenue or potentially increasing pricing pressure. The decrease is steady without sharp fluctuations, indicating a sustained trend rather than isolated events.
- Operating Profit Margin
- The operating profit margin shows more volatility compared to the gross profit margin. It peaked near 37.74% in mid-2021, followed by a sharp decline to approximately 22.92% by mid-2022. After this low, there was a moderate recovery with margins stabilizing around 30% through to mid-2025. This pattern suggests the occurrence of operational challenges or increased operating expenses during the 2021–2022 period, followed by efforts improving operational efficiency or cost control thereafter.
- Net Profit Margin
- The net profit margin follows a similar trajectory to the operating margin, with values rising from about 26.34% in early 2020 to a peak exceeding 34% in late 2020 and early 2021. Thereafter, it declined sharply, reaching a low near 13.15% by mid-2022, before gradually improving to around 21% by mid-2025. This indicates that bottom-line profitability was affected more severely during the 2021–2022 timeframe, possibly due to increased costs or other non-operational factors, but subsequently recovered moderately.
- Return on Equity (ROE)
- ROE showed an exceptionally high increase, escalating from approximately 83.94% in late 2019 to a striking peak above 792% by mid-2023. These unusually high values may reflect significant financial leverage or accounting effects rather than purely operational performance. Following the peak, ROE declined sharply but remained elevated at above 50% by mid-2025, indicating continued efficiency in generating shareholder returns despite the normalization from peak levels.
- Return on Assets (ROA)
- ROA maintained a more moderate range, rising from roughly 8.78% in late 2019 to a higher point near 11.35% by late 2020, then falling significantly to about 4.46% by mid-2022. Post this low, it recovered to a range between 6.8% and 7.8% through 2025, demonstrating a stabilizing asset utilization efficiency after a period of deterioration, likely coinciding with the operational and profitability challenges indicated elsewhere.
Overall, the data reflects a phase of strong profitability and efficiency in the 2019–early 2021 periods, followed by operational and profitability pressures in 2021–2022, with gradual improvements and stabilization into 2025. The declining gross margin paired with recovery in operating and net margins suggests cost management and pricing strategies became increasingly important. The extraordinary ROE peaks imply significant leverage or special items influencing returns, while ROA trends align with changes in core operational effectiveness.
Return on Sales
Return on Investment
Gross Profit Margin
Oracle Corp., gross profit margin calculation (quarterly data)
| 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 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||
| Gross profit | 10,042) | 11,162) | 9,935) | 9,974) | 9,401) | 10,363) | 9,411) | 9,201) | 8,843) | 10,106) | 8,959) | 8,917) | 8,408) | 9,442) | 8,295) | 8,201) | 7,625) | 9,106) | 8,170) | 7,861) | 7,487) | 8,471) | 7,832) | 7,566) | 7,261) | ||||||||
| Revenues | 14,926) | 15,903) | 14,130) | 14,059) | 13,307) | 14,287) | 13,280) | 12,941) | 12,453) | 13,836) | 12,398) | 12,275) | 11,445) | 11,839) | 10,513) | 10,360) | 9,728) | 11,227) | 10,085) | 9,800) | 9,367) | 10,440) | 9,796) | 9,614) | 9,218) | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||
| Gross profit margin1 | 69.66% | 70.51% | 71.12% | 71.27% | 71.31% | 71.41% | 71.53% | 71.88% | 72.26% | 72.85% | 74.50% | 76.10% | 77.78% | 79.08% | 79.44% | 79.96% | 80.22% | 80.59% | 80.59% | 80.33% | 79.96% | 79.68% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| Gross Profit Margin, Competitors2 | |||||||||||||||||||||||||||||||||
| Accenture PLC | — | — | 32.07% | 32.18% | 32.45% | 32.61% | 32.58% | 32.58% | 32.50% | 32.34% | 32.25% | 32.12% | 32.02% | 31.99% | 32.26% | 32.30% | 32.35% | 32.38% | 31.99% | 31.66% | 31.81% | 31.53% | 31.36% | 31.28% | 31.08% | ||||||||
| Adobe Inc. | — | — | — | 89.25% | 89.15% | 89.04% | 88.66% | 88.24% | 88.08% | 87.87% | 87.89% | 87.77% | 87.66% | 87.70% | 87.76% | 87.87% | 88.04% | 88.18% | 88.17% | 87.87% | 87.45% | 86.62% | 85.96% | 85.60% | 85.19% | ||||||||
| Cadence Design Systems Inc. | — | — | — | 85.57% | 85.86% | 86.05% | 87.79% | 88.51% | 89.31% | 89.36% | 89.18% | 89.41% | 89.18% | 89.57% | 89.87% | 89.74% | 89.83% | 89.73% | 89.55% | 89.05% | 88.75% | 88.61% | — | — | — | ||||||||
| CrowdStrike Holdings Inc. | 74.48% | 74.92% | 75.24% | 75.37% | 75.29% | 75.27% | 74.62% | 74.04% | 73.69% | 73.17% | 73.55% | 73.74% | 73.63% | 73.60% | 73.76% | 73.88% | 73.86% | 73.75% | 72.92% | 72.17% | 71.73% | 70.58% | — | — | — | ||||||||
| Datadog Inc. | — | — | — | 79.92% | 80.14% | 80.79% | 81.22% | 81.55% | 81.39% | 80.74% | 79.99% | 79.33% | 79.25% | 79.30% | 79.30% | 79.00% | 78.04% | 77.23% | 76.37% | 76.63% | 77.58% | 78.43% | — | — | — | ||||||||
| Fair Isaac Corp. | — | — | 81.75% | 80.83% | 80.17% | 79.73% | 79.35% | 79.74% | 79.50% | 79.45% | 78.90% | 77.68% | 77.89% | 78.06% | 78.57% | 78.14% | 76.47% | 74.75% | 73.92% | 72.96% | 72.49% | 72.10% | 71.00% | 71.12% | 70.62% | ||||||||
| International Business Machines Corp. | — | — | — | 57.57% | 57.04% | 56.65% | 56.53% | 56.09% | 55.64% | 55.45% | 55.04% | 54.64% | 54.24% | 54.00% | 53.78% | 54.01% | 54.48% | 54.90% | 53.27% | 51.79% | 50.09% | 48.32% | — | — | — | ||||||||
| Intuit Inc. | — | 79.57% | 79.45% | 78.97% | 78.73% | 78.72% | 78.53% | 78.08% | 78.12% | 78.13% | 78.46% | 79.00% | 79.99% | 81.09% | 82.36% | 82.11% | 82.13% | 82.53% | 82.67% | 82.23% | 82.85% | 82.05% | — | — | — | ||||||||
| Microsoft Corp. | — | 68.82% | 69.07% | 69.41% | 69.35% | 69.76% | 69.89% | 69.75% | 69.44% | 68.92% | 68.45% | 68.16% | 68.26% | 68.40% | 68.73% | 68.83% | 68.86% | 68.93% | 68.38% | 68.35% | 68.27% | 67.78% | — | — | — | ||||||||
| Palantir Technologies Inc. | — | — | — | 80.03% | 80.01% | 80.25% | 81.10% | 81.39% | 81.16% | 80.62% | 79.92% | 79.15% | 78.75% | 78.56% | 78.59% | 78.73% | 78.16% | 77.99% | — | — | — | — | — | — | — | ||||||||
| Palo Alto Networks Inc. | — | 73.41% | 73.56% | 73.86% | 74.17% | 74.35% | 74.43% | 74.05% | 73.35% | 72.29% | 70.80% | 69.77% | 69.06% | 68.76% | 69.34% | 69.63% | 69.77% | 70.05% | 69.74% | 70.02% | 70.42% | 70.68% | — | — | — | ||||||||
| Salesforce Inc. | 77.34% | 77.19% | 76.94% | 76.35% | 76.00% | 75.50% | 74.99% | 74.52% | 73.78% | 73.34% | 72.69% | 72.61% | 73.10% | 73.48% | 74.02% | 74.34% | 74.32% | 74.41% | 74.47% | 74.62% | 74.90% | 75.23% | — | — | — | ||||||||
| ServiceNow Inc. | — | — | — | 78.52% | 78.92% | 79.18% | 79.24% | 79.07% | 78.87% | 78.59% | 78.52% | 78.50% | 78.45% | 78.29% | 77.85% | 77.53% | 77.26% | 77.05% | 77.27% | 77.59% | 78.01% | 78.16% | — | — | — | ||||||||
| Synopsys Inc. | — | — | 79.12% | 79.84% | 79.64% | 79.68% | 80.25% | 79.85% | 79.69% | 79.08% | 78.79% | 78.51% | 78.91% | 79.07% | 79.48% | 80.05% | 79.78% | 79.50% | 79.11% | 78.93% | 78.81% | 78.44% | 78.56% | 78.04% | 77.69% | ||||||||
| Workday Inc. | 75.66% | 75.50% | 75.60% | 75.77% | 75.64% | 75.60% | 74.73% | 73.87% | 73.25% | 72.41% | 72.22% | 72.23% | 72.25% | 72.21% | 72.39% | 72.46% | 72.61% | 72.25% | 71.90% | 71.32% | 70.48% | 70.63% | — | — | — | ||||||||
Based on: 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).
1 Q1 2026 Calculation
Gross profit margin = 100
× (Gross profitQ1 2026
+ Gross profitQ4 2025
+ Gross profitQ3 2025
+ Gross profitQ2 2025)
÷ (RevenuesQ1 2026
+ RevenuesQ4 2025
+ RevenuesQ3 2025
+ RevenuesQ2 2025)
= 100 × (10,042 + 11,162 + 9,935 + 9,974)
÷ (14,926 + 15,903 + 14,130 + 14,059)
= 69.66%
2 Click competitor name to see calculations.
The quarterly financial data demonstrates several notable trends in key financial metrics over the reported periods.
- Revenues
- Revenues showed an overall increasing trend from August 31, 2019, through August 31, 2025. Starting at 9,218 million US dollars, revenues steadily climbed with some quarters showing more significant growth spurts, particularly notable from May 31, 2020, onwards. The trend exhibits substantial quarter-to-quarter increases, reaching a peak of 15,903 million US dollars in May 31, 2025, with several interim fluctuations but no sustained declines.
- Gross Profit
- Gross profit also increased over the same period, reflecting growth in revenues. From 7,261 million US dollars on August 31, 2019, gross profit rose consistently, with marked rises corresponding to higher revenue periods. For instance, gross profit peaked at 11,162 million US dollars in May 31, 2025. Despite some minor short-term fluctuations, the upward trajectory is clear, indicating improving gross profitability in absolute terms.
- Gross Profit Margin
- The gross profit margin percentage reveals a contrasting downward trend during the observed periods. Initially, the margin was around 79.7% in mid-2020 but progressively declined to around 69.7% by August 31, 2025. This decline indicates that while revenues and gross profit increased, the cost of goods sold or operating costs grew at a slightly faster pace, reducing the profitability ratio relative to sales. The gradual and fairly steady slope of this decline suggests structural cost pressures or pricing changes impacting margin sustainability.
In summary, the data indicate robust top-line growth and increasing gross profits in absolute terms for the company. However, the persistent decline in gross profit margin percentage points to rising costs or competitive pricing challenges over time, which could warrant further analysis of cost management and pricing strategies.
Operating Profit Margin
Oracle Corp., operating profit margin calculation (quarterly data)
| 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 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||
| Operating income (loss) | 4,277) | 5,109) | 4,358) | 4,220) | 3,991) | 4,685) | 3,750) | 3,622) | 3,296) | 4,139) | 3,260) | 3,071) | 2,623) | 4,501) | 3,822) | (824) | 3,427) | 4,541) | 3,878) | 3,583) | 3,211) | 4,308) | 3,528) | 3,183) | 2,877) | ||||||||
| Revenues | 14,926) | 15,903) | 14,130) | 14,059) | 13,307) | 14,287) | 13,280) | 12,941) | 12,453) | 13,836) | 12,398) | 12,275) | 11,445) | 11,839) | 10,513) | 10,360) | 9,728) | 11,227) | 10,085) | 9,800) | 9,367) | 10,440) | 9,796) | 9,614) | 9,218) | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||
| Operating profit margin1 | 30.44% | 30.80% | 30.93% | 30.30% | 29.82% | 28.99% | 28.20% | 27.73% | 27.01% | 26.21% | 28.06% | 30.42% | 22.92% | 25.74% | 26.22% | 26.62% | 37.78% | 37.58% | 37.74% | 37.13% | 36.29% | 35.57% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| Operating Profit Margin, Competitors2 | |||||||||||||||||||||||||||||||||
| Accenture PLC | — | — | 15.38% | 15.14% | 15.04% | 14.79% | 14.20% | 13.76% | 13.60% | 13.74% | 14.42% | 14.90% | 15.27% | 15.21% | 15.20% | 15.12% | 15.19% | 15.08% | 15.03% | 14.89% | 14.84% | 14.69% | 14.68% | 14.66% | 14.65% | ||||||||
| Adobe Inc. | — | — | — | 36.37% | 36.29% | 31.35% | 31.16% | 30.51% | 29.95% | 34.26% | 33.95% | 33.64% | 33.91% | 34.64% | 35.45% | 36.25% | 36.72% | 36.76% | 36.53% | 35.75% | 34.75% | 32.93% | 32.10% | 31.36% | 30.10% | ||||||||
| Cadence Design Systems Inc. | — | — | — | 27.71% | 30.00% | 29.10% | 28.26% | 28.19% | 28.91% | 30.59% | 28.71% | 28.78% | 29.26% | 30.15% | 30.81% | 30.20% | 28.35% | 26.07% | 25.83% | 25.72% | 25.35% | 24.06% | — | — | — | ||||||||
| CrowdStrike Holdings Inc. | -6.09% | -3.05% | -0.15% | 1.52% | 0.74% | -0.07% | -3.27% | -5.78% | -7.59% | -8.48% | -7.48% | -7.41% | -8.25% | -9.82% | -10.49% | -10.43% | -10.14% | -10.58% | -14.16% | -18.68% | -25.36% | -30.34% | — | — | — | ||||||||
| Datadog Inc. | — | — | — | -0.61% | 1.05% | 2.02% | 2.86% | 2.01% | 0.60% | -1.57% | -4.77% | -6.48% | -5.80% | -3.50% | -1.02% | 0.79% | 0.34% | -1.86% | -4.15% | -5.35% | -4.53% | -2.28% | — | — | — | ||||||||
| Fair Isaac Corp. | — | — | 45.87% | 44.15% | 42.91% | 42.71% | 42.47% | 42.94% | 42.16% | 42.47% | 41.51% | 40.40% | 40.52% | 39.38% | 38.40% | 42.68% | 39.68% | 38.40% | 35.08% | 27.35% | 25.89% | 22.86% | 22.91% | 23.13% | 21.43% | ||||||||
| International Business Machines Corp. | — | — | — | 16.08% | 15.34% | 14.95% | 15.09% | 15.46% | 15.13% | 15.17% | 14.58% | 13.88% | 13.49% | 13.50% | 12.92% | 12.77% | 12.30% | 11.97% | 9.12% | 10.13% | 10.39% | 9.22% | — | — | — | ||||||||
| Intuit Inc. | — | 26.14% | 24.38% | 22.24% | 21.66% | 22.29% | 24.02% | 23.00% | 22.86% | 21.86% | 21.67% | 19.48% | 18.41% | 20.20% | 23.68% | 22.49% | 24.10% | 25.95% | 29.04% | 26.95% | 30.30% | 28.34% | — | — | — | ||||||||
| Microsoft Corp. | — | 45.62% | 45.23% | 44.96% | 44.49% | 44.64% | 44.70% | 44.17% | 43.01% | 41.77% | 40.85% | 40.58% | 41.69% | 42.06% | 42.56% | 42.52% | 42.14% | 41.59% | 40.15% | 39.24% | 38.17% | 37.03% | — | — | — | ||||||||
| Palantir Technologies Inc. | — | — | — | 16.55% | 13.02% | 10.83% | 13.80% | 11.78% | 8.43% | 5.39% | 1.71% | -3.22% | -5.93% | -8.46% | -11.05% | -13.30% | -20.43% | -26.66% | — | — | — | — | — | — | — | ||||||||
| Palo Alto Networks Inc. | — | 13.48% | 11.09% | 10.99% | 9.11% | 8.52% | 8.97% | 7.98% | 8.15% | 5.62% | 2.30% | 0.37% | -1.56% | -3.43% | -5.12% | -6.74% | -7.51% | -7.15% | -6.56% | -5.49% | -4.79% | -5.25% | — | — | — | ||||||||
| Salesforce Inc. | 19.27% | 19.01% | 18.84% | 18.14% | 17.65% | 14.38% | 11.03% | 8.18% | 4.42% | 3.29% | 1.64% | 0.26% | 0.77% | 2.07% | 3.67% | 4.69% | 4.25% | 2.14% | 1.11% | 0.35% | -0.29% | 1.74% | — | — | — | ||||||||
| ServiceNow Inc. | — | — | — | 13.28% | 12.93% | 12.42% | 12.04% | 10.78% | 10.02% | 8.49% | 7.64% | 6.32% | 5.41% | 4.90% | 3.40% | 3.30% | 3.95% | 4.36% | 4.34% | 4.55% | 5.10% | 4.40% | — | — | — | ||||||||
| Synopsys Inc. | — | — | 17.16% | 20.88% | 20.67% | 22.13% | 24.22% | 23.31% | 22.80% | 21.72% | 19.11% | 18.81% | 20.70% | 22.87% | 22.93% | 23.18% | 20.72% | 17.48% | 18.17% | 18.81% | 17.82% | 16.83% | 15.77% | 13.85% | 13.64% | ||||||||
| Workday Inc. | 4.48% | 4.91% | 5.13% | 4.34% | 3.53% | 2.52% | 0.22% | -1.47% | -2.62% | -3.57% | -3.94% | -3.24% | -2.80% | -2.27% | -1.81% | -2.71% | -3.18% | -5.76% | -7.72% | -10.45% | -13.70% | -13.85% | — | — | — | ||||||||
Based on: 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).
1 Q1 2026 Calculation
Operating profit margin = 100
× (Operating income (loss)Q1 2026
+ Operating income (loss)Q4 2025
+ Operating income (loss)Q3 2025
+ Operating income (loss)Q2 2025)
÷ (RevenuesQ1 2026
+ RevenuesQ4 2025
+ RevenuesQ3 2025
+ RevenuesQ2 2025)
= 100 × (4,277 + 5,109 + 4,358 + 4,220)
÷ (14,926 + 15,903 + 14,130 + 14,059)
= 30.44%
2 Click competitor name to see calculations.
The financial data reveals distinct trends in operating income, revenues, and operating profit margins over multiple periods.
- Operating Income (Loss)
- Operating income generally shows cyclical fluctuations with an overall upward trend from the early periods through mid-2021. Notably, there is a sharp decline to a negative operating income in November 2021, indicating an exceptional loss during that quarter. Following this anomaly, operating income recovers strongly and continues to rise, reaching higher levels in subsequent periods up to August 2025. This recovery and progression suggest resilience and effective management after an isolated downturn.
- Revenues
- Revenues exhibit a gradual and consistent increase over the entire timeline. There is a steady upward trajectory with occasional minor fluctuations, reflecting solid sales growth and possibly expanded market presence or enhanced product offerings. Revenue peaks correlate with most high points in operating income, though the revenue trend remains positive even during quarters when operating income dipped, signaling stable demand and income streams.
- Operating Profit Margin
- The operating profit margin data, available from mid-2020 onward, shows a generally moderate variation around the high 20th to mid-30th percentage points. Margins start relatively high, in the mid-30% range, but experience a decline reaching below 25% during late 2021 and early 2022. Subsequently, margins recover and stabilize around 30% in later periods, suggesting improved operational efficiency and cost management after the mid-period decreases.
Overall, the data implies the entity experienced a temporary setback around late 2021 with a significant loss and reduced profit margins but managed a strong recovery in operating income and maintained steady revenue growth. The stabilization of profit margins near 30% post-recovery supports the conclusion of strengthening profitability and operational performance.
Net Profit Margin
Oracle Corp., net profit margin calculation (quarterly data)
| 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 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||
| Net income (loss) | 2,927) | 3,427) | 2,936) | 3,151) | 2,929) | 3,143) | 2,401) | 2,503) | 2,420) | 3,318) | 1,896) | 1,741) | 1,548) | 3,188) | 2,319) | (1,247) | 2,457) | 4,032) | 5,021) | 2,442) | 2,251) | 3,116) | 2,571) | 2,311) | 2,137) | ||||||||
| Revenues | 14,926) | 15,903) | 14,130) | 14,059) | 13,307) | 14,287) | 13,280) | 12,941) | 12,453) | 13,836) | 12,398) | 12,275) | 11,445) | 11,839) | 10,513) | 10,360) | 9,728) | 11,227) | 10,085) | 9,800) | 9,367) | 10,440) | 9,796) | 9,614) | 9,218) | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||
| Net profit margin1 | 21.08% | 21.68% | 21.80% | 21.16% | 20.40% | 19.76% | 20.27% | 19.63% | 18.40% | 17.02% | 17.46% | 19.09% | 13.15% | 15.83% | 18.08% | 24.79% | 34.16% | 33.96% | 32.32% | 26.34% | 26.13% | 25.94% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| Net Profit Margin, Competitors2 | |||||||||||||||||||||||||||||||||
| Accenture PLC | — | — | 11.61% | 11.43% | 11.41% | 11.19% | 10.78% | 10.89% | 10.65% | 10.72% | 11.27% | 10.99% | 11.30% | 11.17% | 11.12% | 11.27% | 11.53% | 11.69% | 12.05% | 11.95% | 11.74% | 11.52% | 11.11% | 11.13% | 11.06% | ||||||||
| Adobe Inc. | — | — | — | 30.39% | 30.63% | 25.85% | 25.59% | 24.86% | 24.08% | 27.97% | 27.12% | 26.34% | 26.32% | 27.01% | 28.00% | 29.29% | 29.90% | 30.55% | 38.67% | 38.79% | 40.68% | 40.88% | 31.05% | 30.71% | 27.72% | ||||||||
| Cadence Design Systems Inc. | — | — | — | 19.88% | 22.19% | 22.74% | 23.87% | 25.36% | 25.68% | 25.46% | 24.42% | 23.41% | 23.23% | 23.84% | 22.86% | 23.61% | 23.59% | 23.29% | 23.30% | 23.47% | 23.34% | 22.02% | — | — | — | ||||||||
| CrowdStrike Holdings Inc. | -4.17% | -0.49% | 3.39% | 4.84% | 4.01% | 2.92% | -0.42% | -3.54% | -6.18% | -8.18% | -8.73% | -9.45% | -11.08% | -16.18% | -16.48% | -16.34% | -15.86% | -10.59% | -13.40% | -17.27% | -23.97% | -29.45% | — | — | — | ||||||||
| Datadog Inc. | — | — | — | 4.13% | 5.85% | 6.85% | 7.58% | 6.81% | 5.11% | 2.28% | -1.72% | -4.38% | -4.68% | -2.99% | -0.91% | 0.48% | 0.17% | -2.02% | -5.01% | -7.03% | -6.57% | -4.07% | — | — | — | ||||||||
| Fair Isaac Corp. | — | — | 32.80% | 31.36% | 30.66% | 29.86% | 28.94% | 29.98% | 29.20% | 28.37% | 28.43% | 26.95% | 27.59% | 27.12% | 27.04% | 31.52% | 29.44% | 29.78% | 26.95% | 20.90% | 20.48% | 18.26% | 18.92% | 18.92% | 17.31% | ||||||||
| International Business Machines Corp. | — | — | — | 9.11% | 8.71% | 9.60% | 10.22% | 13.52% | 13.18% | 12.13% | 11.32% | 3.34% | 3.03% | 2.71% | 2.08% | 9.36% | 9.46% | 10.01% | 7.81% | 8.16% | 7.76% | 7.59% | — | — | — | ||||||||
| Intuit Inc. | — | 20.55% | 19.07% | 17.69% | 17.59% | 18.19% | 19.43% | 18.35% | 17.53% | 16.59% | 15.91% | 14.22% | 14.10% | 16.23% | 19.44% | 19.03% | 20.28% | 21.41% | 23.93% | 22.64% | 25.10% | 23.78% | — | — | — | ||||||||
| Microsoft Corp. | — | 36.15% | 35.79% | 35.43% | 35.61% | 35.96% | 36.43% | 36.27% | 35.31% | 34.15% | 33.25% | 33.05% | 34.37% | 36.69% | 37.63% | 38.50% | 38.51% | 36.45% | 35.02% | 33.47% | 32.29% | 30.96% | — | — | — | ||||||||
| Palantir Technologies Inc. | — | — | — | 22.18% | 18.32% | 16.13% | 18.01% | 16.32% | 12.79% | 9.43% | 6.93% | -2.35% | -12.87% | -19.61% | -30.64% | -30.90% | -30.25% | -33.75% | — | — | — | — | — | — | — | ||||||||
| Palo Alto Networks Inc. | — | 12.30% | 13.95% | 14.64% | 32.99% | 32.11% | 31.41% | 30.24% | 8.52% | 6.38% | 3.32% | 0.56% | -2.46% | -4.85% | -7.54% | -9.50% | -11.20% | -11.72% | -11.00% | -9.73% | -8.36% | -7.83% | — | — | — | ||||||||
| Salesforce Inc. | 16.08% | 16.35% | 15.96% | 15.44% | 15.30% | 11.87% | 7.63% | 4.77% | 1.18% | 0.66% | 0.92% | 1.83% | 3.59% | 5.45% | 6.96% | 9.99% | 19.87% | 19.16% | 17.53% | 12.21% | -0.92% | 0.74% | — | — | — | ||||||||
| ServiceNow Inc. | — | — | — | 13.78% | 13.41% | 12.97% | 12.77% | 11.51% | 20.34% | 19.30% | 18.72% | 17.76% | 5.25% | 4.49% | 2.90% | 2.79% | 3.56% | 3.90% | 3.99% | 3.30% | 3.15% | 2.62% | — | — | — | ||||||||
| Synopsys Inc. | — | — | 31.04% | 34.77% | 34.75% | 36.94% | 24.60% | 23.57% | 23.49% | 21.05% | 18.71% | 17.41% | 18.22% | 19.38% | 20.86% | 21.19% | 20.18% | 18.02% | 18.48% | 20.27% | 18.91% | 18.03% | 17.88% | 13.96% | 14.31% | ||||||||
| Workday Inc. | 5.60% | 6.23% | 19.87% | 19.60% | 19.67% | 19.02% | 0.96% | -1.81% | -4.09% | -5.90% | -5.29% | -3.46% | -0.49% | 0.57% | 0.63% | -0.79% | -3.81% | -6.54% | -8.14% | -10.77% | -13.68% | -13.25% | — | — | — | ||||||||
Based on: 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).
1 Q1 2026 Calculation
Net profit margin = 100
× (Net income (loss)Q1 2026
+ Net income (loss)Q4 2025
+ Net income (loss)Q3 2025
+ Net income (loss)Q2 2025)
÷ (RevenuesQ1 2026
+ RevenuesQ4 2025
+ RevenuesQ3 2025
+ RevenuesQ2 2025)
= 100 × (2,927 + 3,427 + 2,936 + 3,151)
÷ (14,926 + 15,903 + 14,130 + 14,059)
= 21.08%
2 Click competitor name to see calculations.
The financial data reveals several notable trends in profitability and revenue performance over the observed periods.
- Net income (loss)
- The net income exhibits considerable fluctuations across the periods. Starting at $2,137 million in August 2019, there is a general upward trajectory reaching a peak of $5,021 million in February 2021. This is followed by significant volatility, including a notable loss of $1,247 million in November 2021. Subsequently, net income recovers and stabilizes, fluctuating mostly between approximately $1,500 million and $3,400 million from 2022 through mid-2025. The figures indicate cyclical profitability with irregular spikes and declines, possibly reflecting transient operational or market impacts.
- Revenues
- Revenue shows an overall increasing trend, rising from $9,218 million in August 2019 to a peak of $15,903 million in May 2024. This growth is generally steady, with some periods of deceleration or minor declines. Revenue tends to grow quarter over quarter, particularly from 2021 onward, indicating expanding sales or service income. Revenue performance demonstrates resilience despite some net income volatility, suggesting that cost structures or other expenses may be affecting profitability fluctuations.
- Net profit margin
- The net profit margin data is only available from May 2020 onwards and remains relatively stable with a modest upward trend. Initial margins were above 25%, peaking around 34% in late 2020 and early 2021. Margins subsequently declined to around 13-15% by mid-2022, then recovered and stabilized in the 17-22% range through to mid-2025. This pattern indicates margin compression followed by a gradual recovery and stabilization, reflecting changes in cost efficiency, pricing power, or operational leverage.
In summary, the company demonstrates strong revenue growth accompanied by fluctuating net income and profit margins. The variability in net income, including a significant loss period, contrasts with the relatively steady increase in revenues, suggesting episodic cost pressures or other income statement dynamics. Profit margin data reveals initial high margins, a period of compression, and eventual recovery, highlighting operational adjustments. Overall, the data points to a business with solid top-line expansion but periodic earnings volatility, with profitability measures stabilizing more recently.
Return on Equity (ROE)
Oracle Corp., ROE calculation (quarterly data)
| 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 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||
| Net income (loss) | 2,927) | 3,427) | 2,936) | 3,151) | 2,929) | 3,143) | 2,401) | 2,503) | 2,420) | 3,318) | 1,896) | 1,741) | 1,548) | 3,188) | 2,319) | (1,247) | 2,457) | 4,032) | 5,021) | 2,442) | 2,251) | 3,116) | 2,571) | 2,311) | 2,137) | ||||||||
| Total Oracle Corporation stockholders’ equity (deficit) | 24,154) | 20,451) | 16,730) | 13,746) | 10,816) | 8,704) | 5,623) | 3,866) | 2,370) | 1,073) | (2,421) | (4,246) | (5,875) | (6,220) | (8,696) | (10,101) | (1,541) | 5,238) | 8,900) | 7,917) | 9,491) | 12,074) | 14,235) | 15,563) | 18,433) | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||
| ROE1 | 51.51% | 60.84% | 72.68% | 84.56% | 101.48% | 120.26% | 189.26% | 262.21% | 395.57% | 792.45% | — | — | — | — | — | — | — | 262.43% | 144.16% | 131.11% | 107.99% | 83.94% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| ROE, Competitors2 | |||||||||||||||||||||||||||||||||
| Accenture PLC | — | — | 26.01% | 26.27% | 25.93% | 25.68% | 25.06% | 25.92% | 25.79% | 26.75% | 28.28% | 29.20% | 30.69% | 31.11% | 30.99% | 31.09% | 30.45% | 30.25% | 29.87% | 29.81% | 29.33% | 30.05% | 30.91% | 32.13% | 32.05% | ||||||||
| Adobe Inc. | — | — | — | 60.00% | 51.55% | 39.42% | 36.85% | 34.22% | 31.05% | 32.86% | 32.46% | 32.71% | 33.35% | 33.85% | 33.49% | 34.96% | 35.04% | 32.59% | 40.51% | 40.30% | 41.09% | 39.66% | 32.97% | 34.00% | 30.89% | ||||||||
| Cadence Design Systems Inc. | — | — | — | 20.21% | 22.64% | 22.58% | 22.77% | 24.77% | 29.35% | 30.58% | 30.75% | 30.59% | 29.09% | 30.93% | 28.99% | 29.53% | 26.96% | 25.39% | 26.34% | 26.96% | 25.72% | 23.69% | — | — | — | ||||||||
| CrowdStrike Holdings Inc. | -4.99% | -0.59% | 4.14% | 5.97% | 5.19% | 3.88% | -0.58% | -5.09% | -9.42% | -12.52% | -13.52% | -14.14% | -16.44% | -22.89% | -22.34% | -20.56% | -18.66% | -10.64% | -12.54% | -14.29% | -17.95% | -19.10% | — | — | — | ||||||||
| Datadog Inc. | — | — | — | 3.90% | 5.68% | 6.77% | 7.31% | 6.77% | 5.23% | 2.40% | -1.91% | -5.04% | -5.55% | -3.56% | -1.08% | 0.54% | 0.18% | -1.99% | -4.60% | -5.89% | -5.24% | -2.56% | — | — | — | ||||||||
| Fair Isaac Corp. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 292.77% | 124.66% | 82.68% | 71.41% | 93.77% | 108.31% | 85.92% | ||||||||
| International Business Machines Corp. | — | — | — | 21.20% | 20.36% | 22.06% | 26.17% | 35.09% | 35.17% | 33.29% | 30.00% | 9.12% | 8.48% | 7.47% | 6.29% | 28.79% | 28.98% | 30.38% | 21.44% | 24.31% | 25.11% | 27.14% | — | — | — | ||||||||
| Intuit Inc. | — | 19.63% | 17.23% | 16.92% | 16.10% | 16.07% | 16.38% | 16.38% | 15.21% | 13.81% | 12.73% | 12.28% | 11.69% | 12.57% | 14.75% | 13.93% | 21.49% | 20.89% | 21.37% | 19.70% | 37.50% | 35.76% | — | — | — | ||||||||
| Microsoft Corp. | — | 29.65% | 30.02% | 30.64% | 31.46% | 32.83% | 34.04% | 34.64% | 34.93% | 35.09% | 35.45% | 36.83% | 40.21% | 43.68% | 44.47% | 44.49% | 44.67% | 43.15% | 41.65% | 39.40% | 38.49% | 37.43% | — | — | — | ||||||||
| Palantir Technologies Inc. | — | — | — | 12.87% | 10.52% | 9.24% | 10.59% | 9.99% | 7.91% | 6.04% | 4.62% | -1.63% | -9.38% | -14.57% | -23.50% | -22.95% | -21.07% | -22.71% | — | — | — | — | — | — | — | ||||||||
| Palo Alto Networks Inc. | — | 14.49% | 17.12% | 19.68% | 46.25% | 49.86% | 54.78% | 52.25% | 28.28% | 25.15% | 17.47% | 4.71% | -28.23% | -127.14% | -115.40% | -391.77% | -98.34% | -78.63% | -43.97% | -35.50% | -40.11% | -24.23% | — | — | — | ||||||||
| Salesforce Inc. | 10.23% | 10.13% | 10.14% | 9.77% | 9.17% | 6.93% | 4.46% | 2.72% | 0.66% | 0.36% | 0.47% | 0.89% | 1.70% | 2.48% | 3.05% | 4.24% | 10.44% | 9.81% | 8.82% | 6.16% | -0.48% | 0.37% | — | — | — | ||||||||
| ServiceNow Inc. | — | — | — | 15.19% | 15.17% | 14.83% | 14.38% | 13.22% | 23.78% | 22.69% | 22.08% | 20.56% | 7.14% | 6.46% | 4.44% | 4.39% | 5.58% | 6.22% | 6.24% | 5.21% | 5.01% | 4.18% | — | — | — | ||||||||
| Synopsys Inc. | — | — | 7.23% | 21.82% | 22.68% | 25.17% | 19.44% | 19.94% | 21.10% | 20.01% | 17.36% | 15.79% | 16.72% | 17.85% | 18.42% | 18.13% | 16.87% | 14.31% | 14.63% | 15.88% | 14.80% | 13.54% | 13.66% | 11.10% | 11.64% | ||||||||
| Workday Inc. | 5.46% | 5.82% | 18.79% | 18.47% | 18.23% | 17.09% | 1.01% | -1.94% | -4.45% | -6.57% | -5.81% | -3.83% | -0.55% | 0.65% | 0.73% | -0.95% | -5.01% | -8.62% | -11.00% | -15.15% | -20.09% | -19.33% | — | — | — | ||||||||
Based on: 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).
1 Q1 2026 Calculation
ROE = 100
× (Net income (loss)Q1 2026
+ Net income (loss)Q4 2025
+ Net income (loss)Q3 2025
+ Net income (loss)Q2 2025)
÷ Total Oracle Corporation stockholders’ equity (deficit)
= 100 × (2,927 + 3,427 + 2,936 + 3,151)
÷ 24,154 = 51.51%
2 Click competitor name to see calculations.
The financial data reveals significant fluctuations and notable trends over the examined quarterly periods. Net income demonstrates a pattern of volatility with marked increases and decreases across various quarters. After a steady rise from August 2019 through May 2020, net income dropped notably in November 2021, entering negative territory, before recovering in subsequent quarters. From early 2022 onward, net income maintains a generally upward trajectory with some fluctuations, reaching higher levels by mid-2025.
Total stockholders' equity exhibits a downward trend from August 2019 through early 2022, transitioning from positive to negative values, suggesting periods of financial strain or increased liabilities outweighing equity. Beginning in May 2023, equity reverses this trend, steadily increasing and returning to strong positive territory by mid-2025, signaling improved financial stability and capitalization.
Return on equity (ROE) values are available for selective periods, showing extreme volatility. From May 2020 onwards, ROE spikes dramatically, peaking above 260% in August 2020 and reaching an exceptionally high level of approximately 792% by May 2023. Subsequently, ROE decreases gradually but remains at elevated levels relative to typical corporate benchmarks through mid-2025, indicating periods of exceptionally high profitability relative to equity, likely influenced by the earlier periods of low or negative equity.
- Net Income (Loss)
- Initially shows steady growth, peaking in early 2021.
- Experiences a substantial negative dip in late 2021, then recovers sharply in following years.
- Maintains a generally positive and increasing trend through mid-2025.
- Total Stockholders’ Equity
- Shows a consistent decline from 2019 until early 2023, falling into negative equity territory.
- Begins recovery in 2023, increasing steadily and returning to positive values by mid-2025.
- Return on Equity (ROE)
- Absent in early years, appears from mid-2020 with exceedingly high values.
- Reaches a peak above 792% in mid-2023, then gradually declines while remaining very high.
- Volatility reflects the interplay between net income changes and fluctuations in equity, particularly the impact of negative equity periods on ROE calculations.
Return on Assets (ROA)
Oracle Corp., ROA calculation (quarterly data)
| 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 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||
| Net income (loss) | 2,927) | 3,427) | 2,936) | 3,151) | 2,929) | 3,143) | 2,401) | 2,503) | 2,420) | 3,318) | 1,896) | 1,741) | 1,548) | 3,188) | 2,319) | (1,247) | 2,457) | 4,032) | 5,021) | 2,442) | 2,251) | 3,116) | 2,571) | 2,311) | 2,137) | ||||||||
| Total assets | 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) | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||
| ROA1 | 6.89% | 7.39% | 7.53% | 7.83% | 7.61% | 7.42% | 7.76% | 7.55% | 6.86% | 6.33% | 6.36% | 6.85% | 4.46% | 6.15% | 6.96% | 9.60% | 11.35% | 10.48% | 10.86% | 9.44% | 9.03% | 8.78% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| ROA, Competitors2 | |||||||||||||||||||||||||||||||||
| Accenture PLC | — | — | 12.55% | 12.83% | 12.64% | 12.99% | 12.84% | 13.70% | 13.35% | 13.41% | 14.29% | 14.54% | 14.97% | 14.55% | 14.38% | 14.42% | 14.19% | 13.68% | 13.72% | 13.65% | 13.72% | 13.78% | 14.12% | 14.84% | 14.66% | ||||||||
| Adobe Inc. | — | — | — | 24.44% | 22.54% | 18.39% | 17.97% | 16.93% | 16.70% | 18.23% | 17.60% | 17.44% | 17.76% | 17.51% | 18.00% | 18.57% | 18.58% | 17.70% | 22.33% | 21.82% | 22.28% | 21.66% | 17.23% | 17.13% | 15.24% | ||||||||
| Cadence Design Systems Inc. | — | — | — | 10.64% | 12.00% | 11.76% | 11.34% | 14.61% | 18.30% | 18.36% | 17.63% | 17.26% | 16.54% | 16.53% | 15.80% | 17.77% | 16.93% | 15.87% | 16.45% | 16.46% | 16.35% | 14.95% | — | — | — | ||||||||
| CrowdStrike Holdings Inc. | -1.98% | -0.22% | 1.63% | 2.36% | 1.92% | 1.34% | -0.20% | -1.69% | -2.94% | -3.65% | -3.98% | -4.17% | -4.73% | -6.49% | -6.42% | -5.93% | -5.50% | -3.39% | -5.83% | -6.99% | -8.89% | -10.09% | — | — | — | ||||||||
| Datadog Inc. | — | — | — | 2.14% | 2.76% | 3.18% | 4.15% | 3.70% | 2.78% | 1.23% | -0.97% | -2.51% | -2.67% | -1.67% | -0.50% | 0.25% | 0.08% | -0.87% | -2.01% | -2.59% | -2.26% | -1.30% | — | — | — | ||||||||
| Fair Isaac Corp. | — | — | 33.98% | 31.44% | 31.89% | 29.85% | 28.00% | 28.25% | 28.41% | 27.26% | 26.42% | 25.52% | 26.48% | 25.90% | 25.30% | 28.68% | 26.69% | 25.01% | 23.00% | 17.62% | 16.99% | 14.72% | 14.82% | 14.94% | 13.40% | ||||||||
| International Business Machines Corp. | — | — | — | 3.93% | 3.76% | 4.39% | 4.76% | 6.30% | 5.96% | 5.55% | 5.35% | 1.53% | 1.37% | 1.29% | 1.00% | 4.38% | 4.14% | 4.35% | 3.30% | 3.63% | 3.61% | 3.58% | — | — | — | ||||||||
| Intuit Inc. | — | 10.47% | 9.48% | 9.59% | 8.79% | 9.22% | 9.73% | 9.33% | 9.07% | 8.58% | 7.74% | 7.15% | 6.93% | 7.45% | 8.77% | 8.26% | 14.07% | 13.29% | 13.50% | 11.97% | 20.26% | 16.70% | — | — | — | ||||||||
| Microsoft Corp. | — | 16.45% | 17.18% | 17.37% | 17.31% | 17.21% | 17.80% | 17.54% | 17.29% | 17.56% | 18.16% | 18.50% | 19.40% | 19.94% | 21.03% | 20.91% | 20.24% | 18.36% | 18.13% | 16.87% | 15.78% | 14.70% | — | — | — | ||||||||
| Palantir Technologies Inc. | — | — | — | 10.36% | 8.47% | 7.29% | 8.26% | 7.79% | 6.21% | 4.64% | 3.51% | -1.21% | -6.94% | -10.80% | -16.90% | -16.42% | -15.01% | -16.02% | — | — | — | — | — | — | — | ||||||||
| Palo Alto Networks Inc. | — | 4.81% | 5.63% | 5.99% | 13.42% | 12.89% | 13.65% | 12.45% | 4.15% | 3.03% | 1.52% | 0.26% | -1.14% | -2.18% | -3.51% | -4.44% | -4.89% | -4.87% | -4.59% | -3.88% | -3.43% | -2.95% | — | — | — | ||||||||
| Salesforce Inc. | 6.29% | 6.02% | 6.49% | 6.11% | 5.69% | 4.14% | 2.85% | 1.71% | 0.41% | 0.21% | 0.30% | 0.57% | 1.08% | 1.52% | 1.99% | 2.65% | 6.85% | 6.14% | 6.01% | 4.10% | -0.31% | 0.23% | — | — | — | ||||||||
| ServiceNow Inc. | — | — | — | 7.53% | 7.33% | 6.99% | 7.25% | 6.29% | 10.99% | 9.96% | 10.51% | 9.54% | 2.94% | 2.44% | 1.81% | 1.66% | 2.03% | 2.13% | 2.33% | 1.86% | 1.73% | 1.36% | — | — | — | ||||||||
| Synopsys Inc. | — | — | 4.14% | 9.11% | 16.18% | 17.31% | 12.86% | 12.96% | 13.33% | 11.90% | 10.42% | 9.40% | 9.85% | 10.45% | 11.07% | 10.95% | 10.21% | 8.66% | 8.88% | 9.69% | 9.02% | 8.27% | 8.19% | 6.48% | 6.70% | ||||||||
| Workday Inc. | 2.83% | 2.93% | 9.87% | 9.49% | 9.33% | 8.39% | 0.48% | -0.89% | -2.00% | -2.72% | -2.54% | -1.48% | -0.21% | 0.28% | 0.33% | -0.40% | -1.98% | -3.24% | -4.32% | -5.73% | -7.23% | -7.05% | — | — | — | ||||||||
Based on: 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).
1 Q1 2026 Calculation
ROA = 100
× (Net income (loss)Q1 2026
+ Net income (loss)Q4 2025
+ Net income (loss)Q3 2025
+ Net income (loss)Q2 2025)
÷ Total assets
= 100 × (2,927 + 3,427 + 2,936 + 3,151)
÷ 180,449 = 6.89%
2 Click competitor name to see calculations.
The financial data reveals several notable trends in the periodic performance.
- Net Income (Loss)
- The net income displays a fluctuating pattern across the periods. Early on, it shows growth reaching a peak of 5021 million US$ in February 2021, followed by a significant decline to negative territory of -1247 million US$ in November 2021. Thereafter, net income recovers with some volatility, attaining levels around 3000 million US$ in recent periods. This volatility suggests episodes of both strong profitability and periods of financial challenges or one-off losses.
- Total Assets
- Total assets show a general upward trend over the analyzed quarters. Beginning close to 106 billion US$ in August 2019, assets fluctuate mildly but consistently rise reaching over 180 billion US$ by August 2025. This consistent asset growth may reflect ongoing investments, acquisitions, or asset appreciation supporting company expansion.
- Return on Assets (ROA)
- ROA ratios indicate varying profitability relative to assets. The data starts with values in the upper single digits (about 8.78% in May 2020), climbing to a peak of 11.35% in November 2021, followed by a decrease to the mid-single digits around 4.46% in August 2022. Subsequent quarters show a partial recovery with steady ROA levels ranging between approximately 6.3% to 7.8%. This suggests that profitability on asset utilization experienced a peak before moderating to a more stable range.
In summary, the company's financial performance demonstrates growth in asset base accompanied by uneven net income results and fluctuating returns on assets. The peak net income and ROA in late 2020 to early 2021, followed by dips and subsequent recovery, may indicate effects from external factors or internal adjustments impacting profitability and asset management efficiency. The overall asset increase supports a strong foundation for sustained operations and potential future growth.