ORCL · Q2 FY26 · Sep 1 – Nov 30, 2025
Oracle Q2 FY26: where the revenue came from and where it went
Oracle Q2 FY26: revenue $16.1B (+14% year over year). Net profit $6.1B. Largest cohort Cloud and Software $13.9B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Sep 1 – Nov 30, 2025
- Reported
- Dec 11, 2025
Tap the diagram to enlarge · figures in billions of dollars
Revenue$16.1B
+14% year over year
Gross profit$10.7B
67% margin
Operating profit$4.7B
29% margin
Net profit$6.1B
38% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 16.1 | 100% | +14% |
| Cloud and Software | 13.9 | 86% | +15% |
| Services Business | 1.4 | 9% | +7% |
| Hardware Business | 0.8 | 5% | +7% |
| Cost of revenue | −5.4 | 34% | |
| Gross profit | 10.7 | 67% margin | +0pp |
| Research & development | −2.6 | 16% | −2pp |
| Sales & marketing | −2.1 | 13% | −2pp |
| G&A | −0.4 | 3% | +0pp |
| Other | −0.8 | 5% | +0pp |
| Operating profit | 4.7 | 29% margin | −1pp |
| Tax | −0.2 | ||
| Net profit | 6.1 | 38% | +16pp |
Older quarters
-
Q4 FY26 5/2026Revenue $19.2B Net margin 22%
-
Q3 FY26 2/2026Revenue $17.2B Net margin 22%
-
Q4 FY25 5/2025Revenue $15.9B Net margin 22%
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