ORACLE CORP (ORCL)

Oracle provides products and services that build, run and support enterprise information technology (IT) frameworks. Its enterprise applications and infrastructure offerings incorporate artificial intelligence, including embedded AI-driven automation and analytics and generative AI capabilities. They are delivered worldwide through cloud-based, on-premise and hybrid deployment models, including Oracle Exadata Cloud@Customer and multicloud options that let customers use Oracle cloud offerings alongside other public clouds. Oracle says this breadth and interoperability of deployment choices is central to its growth strategy.

Oracle operates three businesses, cloud and software (formerly cloud and license), hardware, and services, and each is a single operating segment. Oracle Cloud combines Oracle Cloud Applications (OCA) and Oracle Cloud Infrastructure (OCI). OCA includes Oracle Fusion Cloud ERP (with EPM and SCM), Fusion Cloud HCM, Fusion Cloud CX, the NetSuite Applications Suite for small to medium-sized organizations, Oracle Health applications, and cloud industry solutions. Software license offerings include Oracle Applications (E-Business Suite, PeopleSoft, JD Edwards, Siebel), Oracle AI Database and Middleware, and substantially all license customers buy support contracts. Infrastructure technologies also include MySQL, Java, Oracle Linux, virtualization, and management tools such as Oracle Enterprise Manager. Hardware products include Oracle Engineered Systems, servers, storage and industry-specific products, generally sold with support contracts. Oracle also provides professional services and training and certification through Oracle University. Cloud revenues were 51%, 43% and 37% of total revenues in fiscal 2026, 2025 and 2024, and cloud applications made up 47%, 58% and 65% of cloud revenues in those years.

Oracle's global customers include businesses of various sizes and industries, government agencies, educational institutions and resellers. Industry-specific applications serve sectors such as automotive, communications, financial services, government, healthcare, retail, utilities, life sciences and many others. Oracle sells directly through its worldwide sales force and indirectly through the Oracle Partner Network. It sees an opportunity in migrating its installed base of on-premise applications and infrastructure customers to Oracle Cloud and in reaching small and medium-sized businesses, non-IT lines of business purchasers, developers and partners. Over the past three fiscal years, customers moving annual software support contracts to Oracle Cloud contributed $5.4 billion to the increase in annualized cloud revenue.

Oracle invested $10.3 billion, $9.9 billion and $8.9 billion in research and development in fiscal 2026, 2025 and 2024. Development focuses on performance, security, reliability, integration, cost-effectiveness and incorporating AI. Oracle uses OCI to power OCA, which it and its customers use to run internal business processes. The text names competitors only generally, citing those that offer more limited or specialized applications, and it does not describe suppliers, manufacturing or headquarters.