Oracle (ORCL) Operating Margin (2009 - 2026)
Oracle's (ORCL) quarterly Operating Margin came in at 31.97% in Q2 2026, down 16.0% on a YoY basis from 38.06% in Q2 2025, and up 0.58% quarter-over-quarter from 31.79% in Q1 2026.
Analysis
Oracle (ORCL) Operating Margin (2009 - 2026) Analysis & Trends
Oracle (ORCL) has reported Operating Margin for 18 consecutive years, with 31.97% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin fell 16.0% year-over-year to 31.97%; the trailing twelve-month figure through May 2026 stood at 30.59% (down 21.0% YoY), and the FY2026 full-year result was 30.59%, down 21.0% from the prior year.
- Operating Margin improved to 31.97% in Q2 2026 per ORCL's latest filing, from 31.79% in the prior quarter.
- Across five years, Operating Margin topped out at 38.02% in Q2 2022 and bottomed at 22.92% in Q3 2022.
- Historically, Operating Margin has averaged 29.94% across 5 years, with a median of 29.96% in 2023.
- The widest YoY moves for Operating Margin: up 3297 bps in 2022, down 1231 bps in 2022.
- Over 5 years, Operating Margin stood at 25.02% in 2022, then increased by 12 bps to 27.99% in 2023, then climbed by 7 bps to 30.02% in 2024, then decreased by 2 bps to 29.46% in 2025, then gained by 9 bps to 31.97% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 31.97%, 31.79%, and 29.46% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Oracle | 457.43 Bn | 426.08 Bn | - | 31.97% |
| 2 | Sap Se | 264.23 Bn | 243.15 Bn | 8.40 Bn | 26.76% |
| 3 | Workday | 47.22 Bn | 43.82 Bn | 2.21 Bn | 11.82% |
| 4 | Roper Technologies | 40.28 Bn | 39.92 Bn | 1.47 Bn | 27.73% |
| 5 | Fidelity National Information Services | 21.61 Bn | 20.87 Bn | 1.17 Bn | 15.01% |
| 6 | Tyler Technologies | 17.53 Bn | 16.56 Bn | 307.06 Mn | 14.74% |
| 7 | Brightstar Lottery | 2.11 Bn | 2.72 Bn | 299.00 Mn | 39.38% |
| 8 | i3 Verticals | 441.95 Mn | 559.09 Mn | 36.75 Mn | -1.68% |
| 9 | Netsol Technologies | 48.20 Mn | 36.07 Mn | 9.03 Mn | 6.48% |
| 10 | Mind Cti | 20.58 Mn | 7.11 Mn | 2.55 Mn | 14.96% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 31.97% |
| Feb 28, 2026 | 31.79% |
| Nov 30, 2025 | 29.46% |
| Aug 31, 2025 | 28.65% |
| May 31, 2025 | 32.13% |
| Feb 28, 2025 | 30.84% |
| Nov 30, 2024 | 30.02% |
| Aug 31, 2024 | 29.99% |
| May 31, 2024 | 32.80% |
| Feb 29, 2024 | 28.24% |
| Nov 30, 2023 | 27.99% |
| Aug 31, 2023 | 26.47% |
| May 31, 2023 | 29.92% |
| Feb 28, 2023 | 26.29% |
| Nov 30, 2022 | 25.02% |
| Aug 31, 2022 | 22.92% |
| May 31, 2022 | 38.02% |
| Feb 28, 2022 | 36.35% |
| Nov 30, 2021 | -7.95% |
| Aug 31, 2021 | 35.23% |