Oracle Corporation (NYSE: ORCL)
Software - Infrastructure ยท Austin, TX, United States ยท Founded 1977
- Market capitalization: $380.0 billion
- Annual revenue: $57.4 billion
- Net income: $12.44 billion
- Employees: 164,000
- Sector: Technology
- Headquarters: Austin, United States
- Founded: 1977
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Oracle is the world's largest enterprise database company and an increasingly aggressive cloud infrastructure player. Annual revenue exceeds $53 billion, with cloud services now the fastest-growing segment. Larry Ellison's company powers the back-end systems of most Fortune 500 companies, banks, and governments. Oracle Cloud Infrastructure (OCI) has emerged as a surprising contender in the hyperscaler race, particularly for AI workloads.
Legacy on-premise database licenses still generate significant cash, but the growth story is cloud โ OCI and cloud applications (Fusion, NetSuite). The transition from license to subscription revenue is well underway. Remaining performance obligations (backlog) exceeded $80 billion in 2024, signaling strong future revenue visibility.
Larry Ellison founded Oracle in 1977 after working on a CIA database project codenamed "Oracle." The company went public in 1986 and spent the 2000s and 2010s on an acquisition spree โ PeopleSoft, Siebel, Sun Microsystems, NetSuite. Ellison stepped down as CEO in 2014 but remained chairman and CTO, still very much running the show. The cloud pivot accelerated dramatically from 2022 onward.
| Market Capitalization | $380.0B |
| Annual Revenue | $57.4B |
| Net Income | $12.44B |
| Profit Margin | 22% |
| Revenue per Employee | $350000K |
| Stock Exchange | NYSE |
| Ticker Symbol | ORCL |
Financial data is approximate and based on most recent annual filings.
Larry Ellison owns roughly 98% of the Hawaiian island of Lanai. Oracle's headquarters moved from Redwood City to Austin, Texas in 2020, following Ellison's personal move. The company's database is so embedded in global finance that most ATM transactions worldwide touch Oracle software somewhere in the stack.
Oracle's cloud comeback is real โ OCI is winning AI infrastructure deals that would've been unthinkable five years ago. Ellison's stubbornness is finally paying off, and the backlog numbers don't lie.
What is Oracle Corporation's revenue?
Oracle Corporation generates approximately $57.4 billion in annual revenue.
How many employees does Oracle Corporation have?
Oracle Corporation employs approximately 164,000 people worldwide.
What is Oracle Corporation's market cap?
Oracle Corporation (ORCL) has a market capitalization of approximately $380.0 billion on the NYSE.
When was Oracle Corporation founded?
Oracle Corporation was founded in 1977 and is headquartered in Austin, TX, United States.
Who is the CEO of Oracle Corporation?
Safra Catz is the current CEO of Oracle Corporation.
What is Oracle Corporation's website?
Oracle Corporation's official website is oracle.com.
| CEO | Safra Catz |
| Sector | Technology |
| Industry | Software - Infrastructure |
| Founded | 1977 |
| HQ | Austin, TX |
| Country | United States |
| Website | oracle.com |
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