The above graph represents the worldwide Oracle revenue by year, starting from fiscal 1990 to 2019. Oracle posted record revenue of $39,506 million ($39.5 billion) in 2019, globally. However, the company registered a flat (0.3%) year-over-year growth in its annual revenue.
|Source||Oracle Annual Reports, SEC Filings|
|Last Updated||01 August 2019|
|Note||Oracle Fiscal Year – June 1 to May 31|
The “Cloud and license” is the largest business unit, accounted for a whopping 83% of the company’s overall revenue in 2018.
In fiscal 2011, Oracle annual revenue crossed $30 billion mark for the first time. The company recorded nearly 33% YoY growth in its annual revenue, which amounted to $35,622 million ($35.6 billion), globally. However, since then, Oracle has been reporting less than 5% YoY growth in its annual revenues, every year.
Oracle annual revenue has grown consistently from 1990 to 2001. In fiscal 1990, the company posted only $196 million in revenue, which later increased to $10,231 million ($10 billion) in fiscal 2000. This was the first time when Oracle annual revenue crossed $10 billion mark, globally. A year later, in 2001, the company’s annual revenue increased a notable 7% YoY to reach $10,961 million (~11 million).
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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