Oracle (ORCL) Capital Expenditures (2009 - 2026)
Oracle's (ORCL) quarterly Capital Expenditures came in at $16.5 billion in Q2 2026, up 81.64% YoY from $9.1 billion in Q2 2025, and down 48.97% on a QoQ basis from $32.3 billion in Q1 2026.
Analysis
Oracle (ORCL) Capital Expenditures (2009 - 2026) Analysis & Trends
Oracle (ORCL) has 18 years of Capital Expenditures data on file, last reported at $16.5 billion in Q2 2026.
- Quarterly Capital Expenditures rose 81.64% year-over-year to $16.5 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $55.7 billion (up 162.38% YoY) and the FY2026 annual result came in at $55.7 billion, up 162.38% from the prior year.
- Capital Expenditures eased to $16.5 billion in Q2 2026, from $32.3 billion in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $32.3 billion in Q1 2026 to a low of -$6.2 billion in Q2 2023.
- A 5-year average of $4.3 billion and a median of $1.4 billion in 2023 frame the typical range for Capital Expenditures.
- Annual changes were most pronounced in 2022 — Capital Expenditures plunged 428.73% — and 2025, when it soared 2558.47%.
- Tracing ORCL's Capital Expenditures over 5 years: stood at $2.4 billion in 2022, then tumbled by 130.84% to -$751.0 million in 2023, then surged by 167.11% to $504.0 million in 2024, then plunged by 427.98% to -$1.7 billion in 2025, then surged by 1097.76% to $16.5 billion in 2026.
- The last three Capital Expenditures figures came in at $16.5 billion (Q2 2026), $32.3 billion (Q1 2026), and -$1.7 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,714.95 Bn | 3,582.19 Bn | 60.48 Bn | 35.80 Bn |
| 2 | Oracle | 448.59 Bn | 416.70 Bn | - | 16.49 Bn |
| 3 | Palantir Technologies | 417.92 Bn | 408.51 Bn | 1.64 Bn | 14.55 Mn |
| 4 | Palo Alto Networks | 265.82 Bn | 262.71 Bn | 2.03 Bn | 83.00 Mn |
| 5 | CrowdStrike Holdings | 216.43 Bn | 211.41 Bn | 1.10 Bn | 124.41 Mn |
| 6 | Fortinet | 114.40 Bn | 110.33 Bn | 1.64 Bn | 78.00 Mn |
| 7 | Cloudflare | 98.90 Bn | 94.74 Bn | 499.52 Mn | 49.96 Mn |
| 8 | Synopsys | 75.22 Bn | 71.61 Bn | 1.80 Bn | - |
| 9 | Block | 49.71 Bn | 43.29 Bn | 3.17 Bn | 8.58 Bn |
| 10 | CoreWeave | 49.09 Bn | 43.55 Bn | 1.70 Bn | 6.42 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 16.49 Bn |
| Feb 28, 2026 | 18.64 Bn |
| Nov 30, 2025 | 12.03 Bn |
| Aug 31, 2025 | 8.50 Bn |
| May 31, 2025 | 9.08 Bn |
| Feb 28, 2025 | 5.86 Bn |
| Nov 30, 2024 | 3.97 Bn |
| Aug 31, 2024 | 2.30 Bn |
| May 31, 2024 | 2.80 Bn |
| Feb 29, 2024 | 1.67 Bn |
| Nov 30, 2023 | 1.08 Bn |
| Aug 31, 2023 | 1.31 Bn |
| May 31, 2023 | 1.91 Bn |
| Feb 28, 2023 | 2.63 Bn |
| Nov 30, 2022 | 2.44 Bn |
| Aug 31, 2022 | 1.72 Bn |
| May 31, 2022 | 1.42 Bn |
| Feb 28, 2022 | 1.10 Bn |
| Nov 30, 2021 | 925.00 Mn |
| Aug 31, 2021 | 1.06 Bn |