Oracle (ORCL) Operating Expenses (2009 - 2026)
Oracle (ORCL) reported Operating Expenses of $11.7 billion for Q1 2026, up 20.0% on a YoY basis from $9.8 billion in Q1 2025, and up 3.52% quarter-over-quarter from $11.3 billion in Q4 2025.
Oracle (ORCL) Operating Expenses (2009 - 2026) Analysis & Trends
Oracle has reported Operating Expenses for 18 years, with the latest figure at $11.7 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 20.0% year-over-year to $11.7 billion; the trailing twelve-month figure through Feb 2026 stood at $44.5 billion (up 15.49% YoY), and the FY2025 full-year result was $39.7 billion, up 5.62% from the prior year.
- Operating Expenses for Q1 2026 stood at $11.7 billion, up from $11.3 billion in the prior quarter.
- The five-year high for Operating Expenses was $11.7 billion in Q1 2026, with the low at $6.7 billion in Q1 2022.
- Historically, Operating Expenses has averaged $9.5 billion across 5 years, with a median of $9.5 billion in 2024.
- The largest YoY upside for Operating Expenses was 40.01% in 2022 against a maximum downside of 17.7% in 2022.
- Oracle's Operating Expenses stood at $9.2 billion in 2022, then advanced by 1.25% to $9.3 billion in 2023, then gained by 5.58% to $9.8 billion in 2024, then increased by 15.12% to $11.3 billion in 2025, then grew by 3.52% to $11.7 billion in 2026.
- The last three Operating Expenses figures came in at $11.7 billion (Q1 2026), $11.3 billion (Q4 2025), and $10.6 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,064.95 Bn | 2,986.68 Bn | 56.06 Bn | 10.85 Bn |
| 2 | Alarum Technologies | 1,117.04 Bn | 1,102.89 Bn | 7.23 Mn | 6.42 Mn |
| 3 | Oracle | 608.54 Bn | 569.96 Bn | 15.14 Bn | 11.73 Bn |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn | 662.79 Mn |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn | 1.51 Bn |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn | 979.89 Mn |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn | 905.10 Mn |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn | 1.57 Bn |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn | 517.59 Mn |
| 10 | CoreWeave | 53.90 Bn | 51.63 Bn | 2.01 Bn | 2.22 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 11.73 Bn |
| Nov 30, 2025 | 11.33 Bn |
| Aug 31, 2025 | 10.65 Bn |
| May 31, 2025 | 10.79 Bn |
| Feb 28, 2025 | 9.77 Bn |
| Nov 30, 2024 | 9.84 Bn |
| Aug 31, 2024 | 9.32 Bn |
| May 31, 2024 | 9.60 Bn |
| Feb 29, 2024 | 9.53 Bn |
| Nov 30, 2023 | 9.32 Bn |
| Aug 31, 2023 | 9.16 Bn |
| May 31, 2023 | 9.70 Bn |
| Feb 28, 2023 | 9.14 Bn |
| Nov 30, 2022 | 9.20 Bn |
| Aug 31, 2022 | 8.82 Bn |
| May 31, 2022 | 7.34 Bn |
| Feb 28, 2022 | 6.69 Bn |
| Nov 30, 2021 | 11.18 Bn |
| Aug 31, 2021 | 6.30 Bn |
| May 31, 2021 | 6.69 Bn |