The above graph represents Oracle annual revenue by business, starting from fiscal 2001 to 2019. The company has three businesses: Cloud and license, Hardware and Services. In fiscal 2019, Oracle generated $39,506 million ($39.5 billion) in revenue – highest-ever in history! A majority (83%) of that came from the Cloud and license business. This is followed by Hardware and Services businesses.
|Source||Oracle Annual Reports, SEC Filings|
|Last Updated||01 August 2019|
|Note||Oracle Fiscal Year – June 1 to May 31|
Oracle revenue from Cloud and license increased 1.8% YoY in fiscal 2019, to $32,562 million – the highest-ever till date.
However, surprisingly, Oracle revenue from the hardware business reached its lowest in the last 8 years. The hardware revenue declined from a whopping $6,944 million ($6.9 billion) in fiscal 2011 to $3,704 million ($3.7 billion) in fiscal 2019. The company witnessed a notable 7.2% decline in its 2019 hardware revenue, as compared to 3.8% YoY decline in 2018.
Oracle revenue from services business also declined 4.6% annually, to $3,240 million ($3.2 billion) in fiscal 2019. It was fiscal 2011 when the company generated its highest-ever revenue of $4,647 million ($4.6 billion) from its services business. After that, it has started declining.
Oracle Annual Revenue by Business: Additional Information
Oracle Cloud and license business includes Oracle Cloud Services offerings, cloud license and on-premise license offerings, and license support offerings.
While Oracle hardware business includes the hardware products and other related hardware support services offerings.
Oracle services business offerings include consulting services, advanced customer support services and education services, etc.
About Oracle Corporation: Additional Information
Oracle Corporation (NYSE: ORCL) is an American multinational technology company, headquarters in the Redwood Shores, California. On June 16, 1977, Oracle was co-founded by Larry Ellison, Bob Miner and Ed Oates under the name of Software Development Laboratories (SDL). Later in 1982, the company’s name changed to Oracle Systems Corporation, and, once again, Oracle Corporation in 1995.
On March 12, 1986, Oracle Systems Corporation initiated its initial public offering (IPO) of 2,100,000 shares, with an offering price of US$15.
Oracle is ranked at 81st position in the 2019 Fortune 500 list of companies. It is also the world’s second-largest software & programming company in terms of revenue, profit and market value, trailing behind Microsoft.
In October 1994, Oracle made its first official acquisition of Rdb division from DEC (Digital Equipment Corporation) – a relational database management system (now known as Oracle RDBMS). Oracle’s biggest acquisitions include PeopleSoft for $10.3 billion in 2005, NetSuite for $9.3 billion in 2016, BEA Systems for $8.5 billion in 2008, Sun Microsystem for $7.4 billion in 2010 and Siebel Systems for $5.85 billion in 2006.
The company has currently three businesses: Cloud and license business, hardware business and services business.
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