ORCL · 10-K · 2026A · Full report

Operating Cash Flow Trends

ORACLE CORP · 2026-06-22 · Importance 89 · Surprise 82 · From source text

Net cash provided by operating activities for fiscal 2026 was $31,977 million, a 54% increase versus the prior year, driven by higher net income adjusted for non-cash charges and favorable working capital changes. Oracle states its largest source of operating cash is customer collections on cloud and software support agreements, and principal uses include employee-related expenditures, data center leases and power, taxes and interest. The company also recorded $4.6 billion of customer prepayments with a significant financing component contributing to operating cash inflows in fiscal 2026. The operating cash flow increase of $11.2 billion year-over-year materially improved liquidity in fiscal 2026.

Key facts

• Net cash used for investing activities for the year ended May 31, 2026 was $(51,854) million, a 139% change compared to $(21,711) million the prior year. source
• Net cash provided by operating activities for the year ended May 31, 2026 was $31,977 million, a 54% change compared to $20,821 million the prior year. source
• Net cash provided by financing activities for the year ended May 31, 2026 was $40,284 million compared to $1,098 million in the prior year. source
• Net cash provided by operating activities as a percent of net income was 187% in fiscal 2026 and 167% in fiscal 2025. source

Impact estimates