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
DateValue
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