Oracle (ORCL) Operating Expenses (2009 - 2026)
Oracle (ORCL) posted Operating Expenses of $13.1 billion for Q2 2026, up 11.3% on a QoQ basis from $11.7 billion in Q1 2026, and up 20.91% year-over-year from $10.8 billion in Q2 2025.
Oracle (ORCL) Operating Expenses (2009 - 2026) Analysis & Trends
Oracle (ORCL) has reported Operating Expenses for 18 consecutive years, with $13.1 billion the latest figure, recorded in Q2 2026.
- Operating Expenses for Q2 2026 came in at $13.1 billion, up 20.91% year-over-year; the trailing twelve-month figure through May 2026 was $46.8 billion (up 17.7% YoY), and the FY2026 annual result was $46.8 billion, up 17.7% from the prior year.
- Operating Expenses was $13.1 billion for Q2 2026 at Oracle, up from $11.7 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $13.1 billion in Q2 2026 and troughed at $6.7 billion in Q1 2022.
- A 5-year average of $9.7 billion and a median of $9.6 billion in 2024 frame the typical range for Operating Expenses.
- Peak annual rise in Operating Expenses reached 40.01% in 2022, while the deepest fall reached 17.7% in 2022.
- Year by year, Operating Expenses stood at $9.2 billion in 2022, then grew by 1.25% to $9.3 billion in 2023, then climbed by 5.58% to $9.8 billion in 2024, then gained by 15.12% to $11.3 billion in 2025, then grew by 15.22% to $13.1 billion in 2026.
- Per Business Quant, the three latest ORCL Operating Expenses figures stand at $13.1 billion (Q2 2026), $11.7 billion (Q1 2026), and $11.3 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,770.05 Bn | 2,691.77 Bn | 56.06 Bn | 10.85 Bn |
| 2 | Oracle | 419.13 Bn | 387.79 Bn | 17.12 Bn | 13.05 Bn |
| 3 | Palantir Technologies | 279.29 Bn | 271.37 Bn | 1.42 Bn | 662.79 Mn |
| 4 | Palo Alto Networks | 240.08 Bn | 235.54 Bn | 1.91 Bn | 1.51 Bn |
| 5 | CrowdStrike Holdings | 191.22 Bn | 188.17 Bn | 993.68 Mn | 979.89 Mn |
| 6 | Fortinet | 113.49 Bn | 110.20 Bn | 1.49 Bn | 905.10 Mn |
| 7 | Cloudflare | 86.49 Bn | 85.55 Bn | 455.60 Mn | 517.59 Mn |
| 8 | Synopsys | 84.57 Bn | 84.45 Bn | 1.77 Bn | 1.57 Bn |
| 9 | CoreWeave | 52.46 Bn | 50.19 Bn | 2.01 Bn | 2.22 Bn |
| 10 | Block | 44.82 Bn | 37.93 Bn | 2.91 Bn | 3.08 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 13.05 Bn |
| 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 |