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's Operating Expenses history runs 18 years deep, the most recent figure standing at $13.1 billion for 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 was $13.1 billion for Q2 2026 at Oracle, up from $11.7 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $13.1 billion in Q2 2026 and bottomed 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.
  • Oracle's 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.
  • Business Quant data shows ORCL's Operating Expenses at $13.1 billion in Q2 2026, $11.7 billion in Q1 2026, and $11.3 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,842.90 Bn 2,718.46 Bn 56.06 Bn 8.75 Bn
2 PagSeguro Digital 2,572.26 Bn 2,572.26 Bn 358.92 Mn -363.49 Mn
3 Oracle 329.59 Bn 297.69 Bn - 13.05 Bn
4 Repay Holdings 314.63 Bn 314.48 Bn - -
5 Palantir Technologies 294.47 Bn 286.44 Bn 1.42 Bn 662.79 Mn
6 Palo Alto Networks 227.51 Bn 222.98 Bn 1.91 Bn 1.51 Bn
7 CrowdStrike Holdings 183.28 Bn 180.18 Bn 993.68 Mn 979.89 Mn
8 Fortinet 112.44 Bn 109.14 Bn 1.49 Bn 905.10 Mn
9 Cloudflare 92.78 Bn 91.83 Bn 455.60 Mn 517.59 Mn
10 Synopsys 70.83 Bn 68.63 Bn 1.77 Bn 1.57 Bn

Historic Data

Download Data
DateValue
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