ORCL · 10-K · 2026A · Full report
Revenue Performance and Mix
ORACLE CORP · 2026-06-22 · Importance 54 · Surprise 40 · From source text
Total revenues increased $10.0 billion (17% reported, 16% constant currency) to $67,357 million in fiscal 2026 from $57,399 million in fiscal 2025. The increase was driven by a $9.3 billion rise in cloud and software revenues, a $510 million rise in services revenues and a $148 million rise in hardware revenues in fiscal 2026 versus fiscal 2025. Geographically, the Americas, EMEA and Asia Pacific contributed 88%, 5% and 7%, respectively, to constant currency total revenue growth in fiscal 2026. Cloud revenues represented 51% of total revenues in fiscal 2026 versus 43% in fiscal 2025, indicating a material mix shift toward cloud offerings.
Key facts
- Net income for the year ended May 31, 2026 was $17,087 million compared to $12,443 million in the prior year. source
- Total revenues increased by $10.0 billion in reported currency in fiscal 2026 relative to fiscal 2025. source
- Software support revenues were $19,804 million in fiscal 2026. source
- Total operating margin was $20,606 million for the year ended May 31, 2026. source
- Total operating margin percentage was 31% in fiscal 2026. source
- Cloud and software business represented 87% of total revenues in fiscal 2026. source
- Total revenues were $67,357 million for the year ended May 31, 2026. source
- Services revenues increased by $510 million in fiscal 2026 relative to fiscal 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +14.8% | Total revenues increased by $10.0 billion in reported currency in fiscal 2026 relative to fiscal 2025. |
| net_income | positive | realized | +6.9% | Net income for the year ended May 31, 2026 was $17,087 million compared to $12,443 million in the prior year. |
| revenue | unclear | realized | — | Total revenues were $67,357 million for the year ended May 31, 2026. |