Oracle Corp. Files 2024 10-K

TL;DR

Oracle's 2024 10-K is in. Get the full financial picture.

AI Summary

Oracle Corp. filed its 10-K for the fiscal year ending May 31, 2024, detailing its financial performance and business operations. The company, headquartered in Austin, TX, with IRS number 542185193, operates in the prepackaged software industry. This filing provides a comprehensive overview of Oracle's fiscal health and strategic direction for investors and stakeholders.

Why It Matters

This 10-K filing provides crucial insights into Oracle's financial standing and operational performance for the fiscal year 2024, impacting investor decisions and market analysis.

Risk Assessment

Risk Level: medium — This filing is a standard annual report and does not inherently indicate new or elevated risks.

Key Players & Entities

• ORACLE CORP (company) — Filer
• 0000950170-24-075605 (other) — Accession Number
• 20240531 (date) — Fiscal Year End
• 0001341439 (other) — Central Index Key
• 7372 (other) — Standard Industrial Classification
• 542185193 (other) — IRS Number
• 2300 ORACLE WAY (address) — Business Address Street 1
• AUSTIN (location) — Business Address City
• TX (location) — Business Address State
• 78741 (other) — Business Address Zip

FAQ

Key Financial Figures

• $0.01 — ch registered Common Stock, par value $0.01 per share 3.125% senior notes due Jul
• $8.9 b — fiscal 2024, 2023 and 2022, we invested $8.9 billion, $8.6 billion and $7.2 billion, r
• $8.6 billion — 023 and 2022, we invested $8.9 billion, $8.6 billion and $7.2 billion, respectively, in rese
• $7.2 b — invested $8.9 billion, $8.6 billion and $7.2 billion, respectively, in research and de

Filing Documents

• orcl-20240531.htm (10-K) — 5197KB
• orcl-ex19.htm (EX-19) — 69KB
• orcl-ex21_01.htm (EX-21.01) — 38KB
• orcl-ex23_01.htm (EX-23.01) — 7KB
• orcl-ex31_01.htm (EX-31.01) — 14KB
• orcl-ex32_01.htm (EX-32.01) — 9KB
• orcl-ex97.htm (EX-97) — 47KB
• orcl-ex99_01.htm (EX-99.01) — 930KB
• img147547972_0.jpg (GRAPHIC) — 221KB
• 0000950170-24-075605.txt ( ) — 22222KB
• orcl-20240531.xsd (EX-101.SCH) — 2148KB
• orcl-20240531_htm.xml (XML) — 4815KB

Business

Business 4 Item 1A.

Risk Factors

Risk Factors 19 Item 1B. Unresolved Staff Comments 33 Item 1C. Cybersecurity 33 Item 2.

Properties

Properties 35 Item 3.

Legal Proceedings

Legal Proceedings 36 Item 4. Mine Safety Disclosures 36 PART II. Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 37 Item 6. [Reserved] 38 Item 7.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 39 Item 7A.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 56 Item 8.

Financial Statements and Supplementary Data

Financial Statements and Supplementary Data 58 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 58 Item 9A.

Controls and Procedures

Controls and Procedures 58 PART III. Item 10. Directors, Executive Officers and Corporate Governance 60 Item 11.

Executive Compensation

Executive Compensation 60 Item 12.

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 60 Item 13. Certain Relationships and Related Transactions, and Director Independence 60 Item 14. Principal Accountant Fees and Services 60 PART IV. Item 15. Exhibits and Financial Statement Schedules 61 Item 16. Form 10-K Summary 106

Signatures

Signatures 114 Table of Contents Index to Financial Statements Cautionary Note on Forward-Looking Statements For purposes of this Annual Report on Form 10-K (this Annual Report), the terms "Oracle," "we," "us" and "our" refer to Oracle Corporation and its consolidated subsidiaries. This Annual Report contains statements that are not historical in nature, are predictive in nature, or that depend upon or refer to future events or conditions or otherwise contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), and Section 27A of the Securities Act of 1933, as amended (the Securities Act). These include, among other things, statements regarding: our expectation that we may acquire, and realize the anticipated benefits of acquiring, companies, products, services and technologies to further our corporate strategy as compelling opportunities become available; our belief that our acquisitions enhance the products and services that we can offer to customers, expand our customer base, provide greater scale to accelerate innovation, grow our revenues and earnings and increase stockholder value; our expectation that, on a constant currency basis, our total cloud and license revenues generally will continue to increase due to expected growth in our cloud services and continued demand for our cloud license and on-premise license and license support offerings; our belief that our Oracle Cloud Software-as-a-Service (SaaS) and Oracle Cloud Infrastructure (OCI) offerings are opportunities for us to continue to expand our cloud and license business, and that we are in the early stages of what we expect will be a material migration of our existing Oracle customer base from on-premise applications and infrastructure products and services to the Oracle Cloud; our belief that we can market our Oracle SaaS and OCI services (collectively Oracle Cloud Services) to a broader ecosystem of sma

Business

Item 1. Business Oracle provides products and services that address enterprise information technology (IT) needs. Our products and services include enterprise applications and infrastructure offerings that are delivered worldwide through a variety of flexible and interoperable IT deployment models. These models include on-premise, cloud-based and hybrid deployments (an approach that combines both on-premise and cloud-based deployments), such as Oracle Exadata Cloud@Customer and Dedicated Region offerings (instances of Oracle Cloud in a customer's own data center) and multicloud options that enable customers to use Oracle Cloud in conjunction with other public clouds. Accordingly, we offer choice and flexibility to our customers and facilitate the product, service and deployment combinations that best suit our customers' needs. Our customers include businesses of many sizes, government agencies, educational institutions and resellers that we market and sell to directly through our worldwide sales force or indirectly through the Oracle Partner Network. Using Oracle technologies, our customers build, deploy, run, manage and support their internal and external products, services and business operations, including, for example, an artificial intelligence (AI) product company that uses Oracle Cloud Infrastructure (OCI) to build and serve generative AI models; a global technology company that uses OCI to power its logistics and mobile application offerings; a multinational financial institution that runs its banking applications using Oracle Exadata Cloud@Customer; and a global consumer products company that leverages Oracle Fusion Cloud Enterprise Resource Planning (ERP) for its accounting processes, risk management, supply chain and financial planning functions. Oracle SaaS and OCI (collectively Oracle Cloud Services) offerings provide comprehensive and integrated applications and infrastructure services enabling our customers to choose the best option that meets the

View Full Filing

View this 10-K filing on SEC EDGAR