Oracle (ORCL) Operating Expenses (2009 - 2026)
Oracle's (ORCL) quarterly Operating Expenses came in at $13.1 billion in Q2 2026, up 20.91% YoY from $10.8 billion in Q2 2025, and up 11.3% on a QoQ basis from $11.7 billion in Q1 2026.
Oracle (ORCL) Operating Expenses (2009 - 2026) Analysis & Trends
Oracle (ORCL) has 18 years of Operating Expenses data on file, last reported at $13.1 billion in Q2 2026.
- Quarterly Operating Expenses rose 20.91% year-over-year to $13.1 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $46.8 billion (up 17.7% YoY) and the FY2026 annual result came in at $46.8 billion, up 17.7% from the prior year.
- Operating Expenses improved to $13.1 billion in Q2 2026, from $11.7 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $13.1 billion in Q2 2026 to a low of $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.
- The widest YoY moves for Operating Expenses: up 40.01% in 2022, down 17.7% in 2022.
- Tracing ORCL's Operating Expenses over 5 years: 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 advanced by 15.22% to $13.1 billion in 2026.
- The last three Operating Expenses figures came in at $13.1 billion (Q2 2026), $11.7 billion (Q1 2026), and $11.3 billion (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 13.05 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 726.59 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 2.21 Bn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 953.90 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 705.21 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 1.57 Bn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 2.62 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 2.72 Bn |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | 833.00 Mn |
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 |