ORACLE CORP, 10-K filed on 6/22/2026
Annual Report
v3.26.1
DOCUMENT AND ENTITY INFORMATION - USD ($)
$ in Thousands
 12 Months Ended
May 31, 2026
Jun. 12, 2026
Document Information [Line Items]    
Document Type 10-K  
Amendment Flag false  
Document Period End Date May 31, 2026  
Document Fiscal Period Focus FY  
Document Fiscal Year Focus 2026  
Entity Registrant Name Oracle Corporation  
Entity Central Index Key 0001341439  
Entity Current Reporting Status Yes  
Entity Voluntary Filers No  
Current Fiscal Year End Date --05-31  
Entity Filer Category Large Accelerated Filer  
Entity Well-known Seasoned Issuer Yes  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding (in shares)   2,880,471,000
Entity Public Float (in dollars) $ 346,760,150  
Entity File Number 001-35992  
Entity Tax Identification Number 54-2185193  
Entity Address, Address Line One 2300 Oracle Way  
Entity Address, City or Town Austin  
Entity Address, State or Province TX  
Entity Address, Postal Zip Code 78741  
City Area Code 737  
Local Phone Number 867-1000  
Entity Interactive Data Current Yes  
ICFR Auditor Attestation Flag true  
Document Financial Statement Error Correction [Flag] false  
Entity Incorporation, State or Country Code DE  
Document Annual Report true  
Document Transition Report false  
Auditor Firm ID 42  
Auditor Name Ernst & Young LLP  
Auditor Location San Jose, California  
Documents Incorporated by Reference

Portions of the registrant's definitive proxy statement relating to its 2026 annual meeting of stockholders are incorporated by reference into Part III of this Annual Report on Form 10-K where indicated. Such proxy statement will be filed with the U.S. Securities and Exchange Commission within 120 days of the registrant’s fiscal year ended May 31, 2026.

  
Auditor Opinion [Text Block]

We have audited Oracle Corporation’s internal control over financial reporting as of May 31, 2026, based on criteria established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework) (the COSO criteria). In our opinion, Oracle Corporation (the Company) maintained, in all material respects, effective internal control over financial reporting as of May 31, 2026, based on the COSO criteria.

We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the consolidated balance sheets of the Company as of May 31, 2026 and 2025, the related consolidated statements of operations, comprehensive income, stockholders’ equity and cash flows for each of the three years in the period ended May 31, 2026, and the related notes and our report dated June 22, 2026 expressed an unqualified opinion thereon.

  
Common Stock [Member]    
Document Information [Line Items]    
Title of 12(b) Security Common Stock, par value $0.01 per share  
Trading Symbol ORCL  
Security Exchange Name NYSE  
Depositary Shares, Series D Convertible Preferred Stock [Member]    
Document Information [Line Items]    
Title of 12(b) Security Depositary Shares, each representing a 1/2,000th interest in a share of 6.50% Series D Mandatory Convertible Preferred Stock, par value $0.01 per  
Trading Symbol ORCL PRD  
Security Exchange Name NYSE  
v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
May 31, 2026
May 31, 2025
Current assets:    
Cash and cash equivalents $ 31,289 $ 10,786
Marketable securities 605 417
Trade receivables, net of allowances for credit losses of $542 and $557 as of May 31, 2026 and May 31, 2025, respectively 10,385 8,558
Prepaid expenses and other current assets 4,288 4,818
Total current assets 46,567 24,579
Non-current assets:    
Property, plant and equipment, net 99,957 43,522
Operating lease right-of-use assets 29,690 13,145
Goodwill 62,261 62,207
Deferred tax assets 11,541 11,877
Other non-current assets 11,743 13,031
Total non-current assets 215,192 143,782
Total assets 261,759 168,361
Current liabilities:    
Notes payable and other borrowings, current 7,199 7,271
Accounts payable 10,977 5,113
Accrued compensation and related benefits 2,225 2,243
Deferred revenues 9,916 9,387
Other current liabilities 11,447 8,629
Total current liabilities 41,764 32,643
Non-current liabilities:    
Notes payable and other borrowings, non-current 122,342 85,297
Income taxes payable 11,771 10,269
Operating lease liabilities 26,648 11,536
Other non-current liabilities 16,178 7,647
Total non-current liabilities 176,939 114,749
Commitments and contingencies
Oracle Corporation stockholders' equity:    
Preferred stock, $0.01 par value and additional paid in capital-authorized: 1.0 shares; outstanding: 0.05 shares as of May 31, 2026 of 6.50% Series D Mandatory Convertible Preferred Stock (none as of May 31, 2025) 4,954 0
Common stock, $0.01 par value and additional paid in capital-authorized: 11,000 shares; outstanding: 2,880 shares and 2,807 shares as of May 31, 2026 and 2025, respectively 43,243 37,107
Accumulated deficit (4,309) (15,481)
Accumulated other comprehensive loss (1,380) (1,175)
Total Oracle Corporation stockholders' equity 42,508 20,451
Noncontrolling interests 548 518
Total stockholders' equity 43,056 20,969
Total liabilities and stockholders' equity $ 261,759 $ 168,361
v3.26.1
CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
shares in Thousands, $ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
Allowance for credit losses $ 542 $ 557
Preferred stock par value per share $ 0.01 $ 0.01
Preferred stock shares authorized 1,000 1,000
Common stock par value per share $ 0.01 $ 0.01
Common stock shares authorized 11,000,000 11,000,000
Common stock, shares issued not disclosed true true
Common stock shares outstanding 2,880,000 2,807,000
6.50% Series D Mandatory Convertible Preferred Stock [Member]    
Preferred stock shares outstanding 50 0
Preferred Stock, Dividend Rate, Percentage 6.50%  
v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Revenues:      
Cloud $ 33,989 $ 24,506 $ 19,774
Software 24,541 24,724 24,690
Hardware 3,084 2,936 3,066
Services 5,743 5,233 5,431
Total revenues 67,357 57,399 52,961
Operating expenses:      
Cloud and software [1] 17,597 11,569 9,427
Hardware [1] 868 782 891
Services [1] 4,556 4,576 4,825
Sales and marketing [1] 8,331 8,651 8,274
Research and development 10,272 9,860 8,915
General and administrative 1,618 1,602 1,548
Amortization of intangible assets 1,671 2,307 3,010
Restructuring and other 1,838 374 718
Total operating expenses 46,751 39,721 37,608
Operating income 20,606 17,678 15,353
Interest expense (4,599) (3,578) (3,514)
Non-operating income (expenses), net 3,547 60 (98)
Income before income taxes 19,554 14,160 11,741
Provision for income taxes 2,467 1,717 1,274
Net income 17,087 12,443 10,467
Preferred stock dividends 103 0 0
Net income available to common shareholders, Basic 16,984 12,443 10,467
Net income available to common shareholders, Diluted $ 16,984 $ 12,443 $ 10,467
Earnings per share attributable to common shareholders:      
Basic $ 5.94 $ 4.46 $ 3.82
Diluted $ 5.83 $ 4.34 $ 3.71
Weighted average common shares outstanding:      
Basic 2,860 2,789 2,744
Diluted 2,914 2,866 2,823
[1] Exclusive of amortization of intangible assets, which is shown separately.
v3.26.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Statement of Comprehensive Income [Abstract]      
Net income $ 17,087 $ 12,443 $ 10,467
Other comprehensive (loss) income, net of tax:      
Net foreign currency translation (losses) gains (232) 369 (17)
Net unrealized gains on defined benefit plans 45 13 31
Net unrealized (losses) gains on cash flow hedges (18) (125) 77
Other, net 0 0 (1)
Total other comprehensive (loss) income, net (205) 257 90
Comprehensive income $ 16,882 $ 12,700 $ 10,557
v3.26.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Preferred Stock and Additional Paid in Capital
Common Stock and Additional Paid in Capital
Preferred and Common Stock Including Additional Paid in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Noncontrolling Interests
Balances at May. 31, 2023 $ 1,556     $ 30,215 $ (27,620) $ (1,522) $ 483
Beginning preferred stock shares outstanding at May. 31, 2023   0.0          
Beginning common stock shares outstanding at May. 31, 2023     2,713.0        
Common stock issued under stock-based compensation plans 545     545 0 0 0
Common stock issued under stock-based compensation plans, Shares   0.0 68.0        
Common stock issued under stock purchase plans 197     197 0 0 0
Common stock issued under stock purchase plans, Shares   0.0 2.0        
Stock-based compensation 3,974     3,974 0 0 0
Repurchases of common stock $ (1,200)     (117) (1,083) 0 0
Repurchases of common stock, Shares (10.6) 0.0 (11.0)        
Shares repurchased for tax withholdings upon vesting of restricted stock-based awards $ (2,040)     (2,040) 0 0 0
Shares repurchased for tax withholdings upon vesting of restricted stock-based awards, Shares   0.0 (17.0)        
Cash dividends declared (4,391)     0 (4,391) 0 0
Other, net (55)     (10) (1) 90 (134)
Other, net, Shares   0.0 0.0        
Net income 10,653     0 10,467 0 186
Balances at May. 31, 2024 9,239     32,764 (22,628) (1,432) 535
Ending preferred stock shares outstanding at May. 31, 2024   0.0          
Ending common stock shares outstanding at May. 31, 2024     2,755.0        
Common stock issued under stock-based compensation plans 447     447 0 0 0
Common stock issued under stock-based compensation plans, Shares   0.0 62.0        
Common stock issued under stock purchase plans 206     206 0 0 0
Common stock issued under stock purchase plans, Shares   0.0 1.0        
Stock-based compensation 4,674     4,674 0 0 0
Repurchases of common stock $ (600)     (47) (553) 0 0
Repurchases of common stock, Shares (3.9) 0.0 (4.0)        
Shares repurchased for tax withholdings upon vesting of restricted stock-based awards $ (900)     (900) 0 0 0
Shares repurchased for tax withholdings upon vesting of restricted stock-based awards, Shares   0.0 (7.0)        
Cash dividends declared (4,743)     0 (4,743) 0 0
Other, net 19     (37) 0 257 (201)
Other, net, Shares   0.0 0.0        
Net income 12,627     0 12,443 0 184
Balances at May. 31, 2025 $ 20,969     37,107 (15,481) (1,175) 518
Ending preferred stock shares outstanding at May. 31, 2025   0.0          
Ending common stock shares outstanding at May. 31, 2025 2,807.0   2,807.0        
Mandatory convertible preferred stock issued $ 4,954     4,954 0 0 0
Mandatory convertible preferred stock issued, Shares   0.0 [1] 0.0        
Common stock issued under stock-based compensation plans 1,241     1,241 0 0 0
Common stock issued under stock-based compensation plans, Shares   0.0 72.0        
Common stock issued under stock purchase plans 208     208 0 0 0
Common stock issued under stock purchase plans, Shares   0.0 1.0        
Stock-based compensation 4,811     4,811 0 0 0
Repurchases of common stock $ (93)     (6) (87) 0 0
Repurchases of common stock, Shares (0.4) 0.0 0.0        
Shares repurchased for tax withholdings upon vesting of restricted stock-based awards $ (111)     (111) 0 0 0
Shares repurchased for tax withholdings upon vesting of restricted stock-based awards, Shares   0.0 0.0        
Preferred stock dividends (103)     0 (103) 0 0
Cash dividends declared (5,725)     0 (5,725) 0 0
Other, net (404)     (7) 0 (205) (192)
Other, net, Shares   0.0 0.0        
Net income 17,309     0 17,087 0 222
Balances at May. 31, 2026 $ 43,056     $ 48,197 $ (4,309) $ (1,380) $ 548
Ending preferred stock shares outstanding at May. 31, 2026 [1]   0.0          
Ending common stock shares outstanding at May. 31, 2026 2,880.0   2,880.0        
[1] We issued 50,000 shares of our 6.50% Series D Mandatory Convertible Preferred Stock on February 5, 2026. As of May 31, 2026, 50,000 shares were outstanding.
v3.26.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY PARENTHETICAL
 12 Months Ended
May 31, 2026
$ / shares
shares
Dividends declared per common share (in dollars per share) | $ / shares $ 2
Dividends declared per preferred share (in dollars per share) | $ / shares $ 1,263.89
6.50% Series D Mandatory Convertible Preferred Stock [Member]  
Preferred stock shares issued | shares 50,000
Preferred stock dividend rate percentage 6.50%
Preferred stock shares outstanding | shares 50,000
v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Cash flows from operating activities:      
Net income $ 17,087 $ 12,443 $ 10,467
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 7,623 3,867 3,129
Amortization of intangible assets 1,671 2,307 3,010
Deferred income taxes (917) (1,637) (2,139)
Stock-based compensation 4,811 4,674 3,974
Gains from investments and other, net (2,433) 667 720
Changes in operating assets and liabilities:      
Increase in trade receivables, net (2,190) (653) (965)
Decrease in prepaid expenses and other assets 2,179 266 542
Decrease in accounts payable and other liabilities (240) (608) (594)
Decrease in income taxes payable (256) (659) (127)
Increase in deferred revenues from customer prepayments with significant financing component 4,592 0 0
Increase in other deferred revenues 50 154 656
Net cash provided by operating activities 31,977 20,821 18,673
Cash flows from investing activities:      
Purchases of marketable securities and other investments and acquisitions (2,039) (1,272) (1,066)
Proceeds from sales and maturities of marketable securities and other investments 5,848 776 572
Capital expenditures (55,663) (21,215) (6,866)
Net cash used for investing activities (51,854) (21,711) (7,360)
Cash flows from financing activities:      
Proceeds from issuances of common stock 1,449 653 742
Payments for repurchases of common stock (95) (600) (1,202)
Shares repurchased for tax withholdings upon vesting of restricted stock-based awards (111) (900) (2,040)
Proceeds from issuances of mandatory convertible preferred stock, net of issuance costs 4,954 0 0
Payments of dividends to stockholders (5,787) (4,743) (4,391)
(Repayments of) proceeds from issuances of commercial paper, net (2,285) 1,889 (167)
Proceeds from short-term financing related to capital expenditures, net 3,345 1,422 0
Proceeds from issuances of senior notes, term loan credit agreements and other borrowings, net of issuance costs 46,093 19,548 0
Repayments of senior notes, term loan credit agreements and other borrowings (6,942) (15,841) (3,500)
Other financing activities, net (337) (330) 4
Net cash provided by (used for) financing activities 40,284 1,098 (10,554)
Effect of exchange rate changes on cash and cash equivalents 96 124 (70)
Net increase in cash and cash equivalents 20,503 332 689
Cash and cash equivalents at beginning of period 10,786 10,454 9,765
Cash and cash equivalents at end of period 31,289 10,786 10,454
Non-cash investing activities:      
Unpaid capital expenditures 5,279 2,970 1,637
Supplemental schedule of cash flow data:      
Cash paid for income taxes 3,704 4,020 3,560
Cash paid for interest $ 3,896 $ 3,374 $ 3,655
v3.26.1
Pay vs Performance Disclosure - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Pay vs Performance Disclosure      
Net Income (Loss) $ 17,087 $ 12,443 $ 10,467
v3.26.1
Insider Trading Arrangements
 3 Months Ended
May 31, 2026
Trading Arrangements, by Individual  
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
v3.26.1
Cybersecurity Risk Management, Strategy, and Governance
 12 Months Ended
May 31, 2026
Cybersecurity Risk Management, Strategy, and Governance [Line Items]  
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]

Item 1C. Cybersecurity

Our overall information security risk management approach is designed to enable us to assess, identify and manage major risk exposures, including from material risks from cybersecurity threats, in a timely manner. As part of our information security risk management program, we perform risk assessments in which we map and prioritize information security risks identified through the processes described below. These assessments inform our information security risk management strategies and oversight processes and we view cybersecurity risks as one of the key risk categories we face.

We believe that Oracle is a target for computer hackers, cyber threats and other bad actors because our products and services store, retrieve, process and manage large amounts of data, including sensitive data. We and our vendors are regularly subject to attempts by third parties to identify and exploit product and service vulnerabilities, penetrate or bypass our security measures and gain unauthorized access to our or our customers’, partners’ and suppliers’ software, hardware and cloud offerings, networks and systems.

If a large scale cyberattack or other major security incident results in unauthorized access to or modification or exfiltration of a significant amount of our customers’ or suppliers’ data, other external data, our own data or our IT systems, or if the services we provide to our customers are disrupted, or if our products or services are reported to have (or are perceived as having) security vulnerabilities, we could incur significant expenses and suffer substantial damage to our brand and reputation, and this could result in a material impact on our business. Refer to “Data Privacy, Cybersecurity and Intellectual Property Risks” in Risk Factors included in Item 1A within this Annual Report for additional discussion of the challenges we encounter with respect to cybersecurity risks.

During fiscal 2026, Oracle experienced cybersecurity incidents that, to date, have not had a material impact on our business, including our business strategy, results of operations or financial condition.

Our corporate security and information security programs are designed to help us prevent, prepare for, detect, respond to and recover from cybersecurity threats. We leverage industry standard security frameworks to evaluate our security controls. Relevant personnel collaborate with subject matter experts throughout the process to identify and assess material cybersecurity threats, evaluate their severity, and explore ways to mitigate a potential security incident. We continually conduct security and privacy reviews to pinpoint risks associated with our products, services and enterprise. We also employ various monitoring tools to track suspicious or anomalous activity across our networks, systems, and data, and we simulate cyber threats to proactively address vulnerabilities. Finally, we routinely train our employees on cybersecurity matters.

This program includes processes for triaging, assessing the severity of, escalating, containing, investigating and remediating information security events, as well as meeting legal obligations and minimizing customer impact and brand and reputational damage. In addition, we maintain insurance to protect against potential losses arising from a cybersecurity incident. Periodic tabletop exercises are conducted to test and reinforce our incident response controls, with incident severity and priority assessed on an ongoing basis.

We also conduct external and internal risk management audits to assess and report on our internal incident response preparedness and help identify areas for continued focus and improvement. We conduct periodic penetration testing to identify vulnerabilities in our products, services, and systems. We also undergo security-related industry certifications and attestations by external auditors, including System and Organization Controls (SOC) 1, SOC 2, International Organization for Standardization (ISO) 27001, 27017 and 27018, Cloud Security Alliance Security Trust Assurance and Risk (CSA STAR), Payment Card Industry Data Security Standard (PCI DSS) and other compliance frameworks. Additionally, our vendor risk management program identifies and mitigates risks associated with third-party service providers, including those within our supply chain and those with access to our customer or employee data or systems. We use the findings from these and other processes to review our information security practices, procedures and technologies.

Cybersecurity is an important area of focus for our Board. Our information security risk management program is designed to allow our Board to establish a mutual understanding with management of the effectiveness of our information security risk management practices and capabilities, including the division of responsibilities for reviewing our information security risk exposure and risk tolerance, tracking emerging information risks and ensuring proper escalation of certain key risks for periodic review by the Board of Directors and its committees. As part of its broader risk oversight activities, the Board oversees risks from cybersecurity risks, both directly and through the Finance and Audit Committee of the Board (the F&A Committee). As reflected in its charter, the F&A Committee assists the Board with the management and assessment of privacy and data security risk and is responsible for reviewing and discussing with management privacy and data security risk exposures, including, among other things, the potential impacts of those exposures on our business, financial results, operations and reputation. The F&A Committee also oversees our internal controls over financial reporting, including with respect to financial reporting-related information systems.

As an element of its information security risk management oversight activities, the F&A Committee reviews the results of our incident response control tests, external and internal audits and penetration testing and oversees our vendor risk management program. The F&A Committee also receives quarterly updates regarding cybersecurity matters from senior management. In turn, the F&A Committee reports to the full Board on a quarterly basis regarding the F&A Committee’s cybersecurity risk oversight activities. We also have Board members with expansive knowledge and expertise in the area of cybersecurity. In addition to these regularly scheduled updates, our Chief Privacy Officer and Senior Vice President, Oracle Security and Governance Risk Compliance may also report to the F&A Committee on how certain information security risks are being managed and progress towards agreed mitigation goals, as well as any potential material risks from cybersecurity threats that have been detected by the information security team.

Jeppe Larsen, Senior Vice President, Oracle Security and Governance Risk Compliance is responsible for the day-to-day identification, assessment and management of the information security risks we face. Mr. Larsen has extensive experience in building and managing hyperscale cloud services, as well as overseeing security and risk management. Mr. Larsen has overseen cybersecurity matters at Oracle since 2023. He has been consequential in shaping our security and governance, risk, and compliance strategy related to cybersecurity, identity and encryption. Mr. Larsen holds a Master of Science degree in Applied Mathematics from the Technical University of Denmark and holds several U.S. patents.

Our Senior Vice President, Oracle Security and Governance Risk Compliance is supported by team members who have relevant educational and industry experience. These team members provide regular reports to the Senior Vice President, Oracle Security and Governance Risk Compliance and work closely with our Chief Privacy Officer and include personnel dedicated to information security, product security, and physical security. Informed by the processes and practices discussed under “Risk Management and Strategy” above, team members escalate cybersecurity threats and incidents to the Senior Vice President, Oracle Security and Governance Risk Compliance who assesses the severity of such threats and incidents for inclusion in quarterly update to the F&A Committee where appropriate. In addition to the ordinary-course Board and F&A Committee reporting and oversight described above, we also maintain disclosure controls and procedures designed for prompt reporting to the Board and timely public disclosure, as appropriate, of material events covered by our risk management framework, including cybersecurity risks.
Cybersecurity Risk Management Third Party Engaged [Flag] true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag] true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag] false
Cybersecurity Risk Board of Directors Oversight [Text Block] As part of its broader risk oversight activities, the Board oversees risks from cybersecurity risks, both directly and through the Finance and Audit Committee of the Board (the F&A Committee).
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block] the F&A Committee assists the Board with the management and assessment of privacy and data security risk and is responsible for reviewing and discussing with management privacy and data security risk exposures
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block] The F&A Committee also receives quarterly updates regarding cybersecurity matters from senior management.
Cybersecurity Risk Role of Management [Text Block]

Jeppe Larsen, Senior Vice President, Oracle Security and Governance Risk Compliance is responsible for the day-to-day identification, assessment and management of the information security risks we face. Mr. Larsen has extensive experience in building and managing hyperscale cloud services, as well as overseeing security and risk management. Mr. Larsen has overseen cybersecurity matters at Oracle since 2023. He has been consequential in shaping our security and governance, risk, and compliance strategy related to cybersecurity, identity and encryption. Mr. Larsen holds a Master of Science degree in Applied Mathematics from the Technical University of Denmark and holds several U.S. patents.
Cybersecurity Risk Management Positions or Committees Responsible [Flag] true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block] Jeppe Larsen, Senior Vice President, Oracle Security and Governance Risk Compliance is responsible for the day-to-day identification, assessment and management of the information security risks we face. Mr. Larsen has extensive experience in building and managing hyperscale cloud services, as well as overseeing security and risk management.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block] Mr. Larsen has extensive experience in building and managing hyperscale cloud services, as well as overseeing security and risk management. Mr. Larsen has overseen cybersecurity matters at Oracle since 2023. He has been consequential in shaping our security and governance, risk, and compliance strategy related to cybersecurity, identity and encryption. Mr. Larsen holds a Master of Science degree in Applied Mathematics from the Technical University of Denmark and holds several U.S. patents.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block] Informed by the processes and practices discussed under “Risk Management and Strategy” above, team members escalate cybersecurity threats and incidents to the Senior Vice President, Oracle Security and Governance Risk Compliance who assesses the severity of such threats and incidents for inclusion in quarterly update to the F&A Committee where appropriate.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag] true
v3.26.1
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES
 12 Months Ended
May 31, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES
1.
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES

Oracle Corporation provides products and services that build, run and support enterprise information technology (IT) frameworks. Our products and services include enterprise applications and infrastructure offerings that incorporate and are enhanced by artificial intelligence (AI) technologies. We deliver our products and services to customers worldwide through a variety of flexible and interoperable IT deployment models. These models include cloud-based, on-premise and hybrid deployments. Oracle cloud offerings include Oracle Cloud Applications and Oracle Cloud Infrastructure (collectively Oracle Cloud), which provide comprehensive and integrated applications and infrastructure services, enabling our customers to choose the best option that meets their specific business needs. Customers may also elect to purchase Oracle software licenses and hardware products and related services to manage their own cloud-based or on-premise IT environments. Customers that purchase our software licenses may elect to purchase software support contracts, which provide our customers with rights to unspecified license upgrades and enhancements during the term of the support period as well as technical support assistance. Customers that purchase our hardware products may elect to purchase hardware support contracts, which provide customers with software updates and can include product repairs, maintenance services and technical support services. We also offer customers a broad set of services offerings that are designed to maximize the performance of their investments in Oracle technologies.

Oracle Corporation conducts business globally and was incorporated in the state of Delaware.

Basis of Financial Statements

The consolidated financial statements include our accounts and the accounts of our wholly- and majority-owned subsidiaries. Noncontrolling interest positions of certain of our consolidated entities are reported as a separate component of consolidated equity from the equity attributable to Oracle’s stockholders for all periods presented. The noncontrolling interests in our net income were not significant to our consolidated results for the periods presented and therefore have not been presented separately and instead are included as a component of non-operating income (expenses), net in our consolidated statements of operations. Intercompany transactions and balances have been eliminated. We reclassed certain prior year amounts and balances and their related disclosures to conform to the current period’s presentation for all periods presented in our consolidated financial statements. Such reclassifications did not affect total revenue, income from operations or net income.

In fiscal 2026, we adopted Accounting Standards Update (ASU) 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures (ASU 2023-09) on a prospective basis. ASU 2023-09 requires certain additional disclosure. Refer to Note 12 for additional information.

Use of Estimates

Our consolidated financial statements are prepared in accordance with United States (U.S.) generally accepted accounting principles (GAAP) as set forth in the Financial Accounting Standards Board’s (FASB) Accounting Standards Codification (ASC), and we consider various staff accounting bulletins and other applicable guidance issued by the U.S. Securities and Exchange Commission. These accounting principles require us to make certain estimates, judgments and assumptions. We believe that the estimates, judgments and assumptions upon which we rely are reasonable based upon information available to us at the time that these estimates, judgments and assumptions are made. These estimates, judgments and assumptions can affect the reported amounts of assets and liabilities as of the date of the financial statements as well as the reported amounts of revenues and expenses during the periods presented. To the extent that there are differences between these estimates, judgments or assumptions and actual results, our consolidated financial statements will be affected. In many cases, the accounting treatment of a particular transaction is specifically dictated by GAAP and does not require management’s judgment in its

application. There are also areas in which management’s judgment in selecting among available alternatives would not produce a materially different result.

Revenue Recognition

Our sources of revenues are:

•
cloud and software revenues, comprising of: cloud revenues, which includes cloud applications and cloud infrastructure revenues; and software revenues, which includes software license and software support revenues;
•
hardware revenues, which include the sale of hardware products, including Oracle Engineered Systems, servers and storage products, and industry-specific hardware; and hardware support revenues; and
•
services revenues, which are earned from providing cloud-, software- and hardware-related services including consulting and customer success services.

Cloud revenues include revenues from Oracle Cloud offerings, which deliver applications and infrastructure technologies via cloud-based deployment models that we develop functionality for, provide unspecified updates and enhancements for, deploy, host, manage, upgrade and support and that customers access by entering into a subscription agreement with us for a stated period.

Software revenues primarily represent revenues earned from granting customers perpetual licenses to use our applications or infrastructure offerings, such as our database, middleware, application and industry-specific software products, and the sale of support contracts related to these licenses, which are purchased by our customers at their option. Customers may deploy their software license in a cloud-based, on-premise or hybrid IT environment. Software support contracts provide customers with rights to unspecified software product upgrades, maintenance releases and patches released during the term of the support period and include access to technical content and support. Software support contracts are generally priced as a percentage of the net software license fees. Substantially all of our customers elect to purchase and renew their software support contracts annually.

Hardware revenues include revenues from the sale of hardware products and the sale of our hardware support offerings. Hardware support contracts are generally priced as a percentage of the net hardware products fees.

Our services are offered to customers as standalone arrangements or as a part of arrangements to customers buying other products and services. Our consulting services are designed to help our customers to, among others, deploy, architect, integrate, upgrade and secure their investments in Oracle applications and infrastructure technologies. Our customer success services are designed to provide supplemental support services, performance services and higher availability for Oracle products and services.

We apply the provisions of ASC 606, Revenue from Contracts with Customers (ASC 606) as a single standard for revenue recognition that applies to all of our cloud, software, hardware and services arrangements and generally require revenues to be recognized upon the transfer of control of promised goods or services provided to our customers, reflecting the amount of consideration we expect to receive for those goods or services. Pursuant to ASC 606, revenues are recognized upon the application of the following steps:

•
identification of the contract, or contracts, with a customer;
•
identification of the performance obligations in the contract;
•
determination of the transaction price;
•
allocation of the transaction price to each performance obligation in the contract; and
•
recognition of revenues when, or as, the contractual performance obligations are satisfied.

The timing of revenue recognition may differ from the timing of invoicing to our customers. We record an unbilled receivable, which is included within accounts receivable on our consolidated balance sheets, when revenue is recognized prior to invoicing. We record deferred revenues on our consolidated balance sheets when revenues are to be recognized subsequent to cash collection for an invoice. Our standard payment terms are generally net 30 days

but may vary. Invoices for software licenses and hardware products are generally issued when the license is made available for customer use or upon delivery to the customer of the hardware product. Invoices for software support and hardware support contracts are generally invoiced annually in advance. Cloud applications and cloud infrastructure contracts are generally invoiced annually, quarterly or monthly. Services are generally invoiced in advance or as the services are performed. Contracts that contain a significant financing component (either because the customer has made significant prepayment before the corresponding performance obligations are delivered or because we have provided long-term payment plans to the customer) have adjustments to the transaction price to reflect the time value of money. The related interest component is recorded as either interest expense or interest income in non-operating income (expenses), net within our consolidated statements of operations based on applicable interest rates for such contracts.

Our revenue arrangements generally include standard warranty or service level provisions that our arrangements will perform and operate in all material respects as defined in the respective agreements, the financial impacts of which have historically been and are expected to continue to be insignificant. Our arrangements generally do not include a general right of return relative to the delivered products or services. We recognize revenues net of any taxes collected from customers, which are subsequently remitted to governmental authorities.

Revenue Recognition for Cloud Services

Revenues from cloud offerings provided on a subscription basis are generally recognized ratably over the contractual period that the services are delivered, beginning on the date our service is made available to a customer. We recognize revenue ratably because the customer receives and consumes the benefits of the cloud offerings throughout the contract period. Revenues from infrastructure cloud offerings that are provided on a consumption basis are generally recognized based on the utilization of the services by the customer.

Revenue Recognition for Software – License and Support

Revenues from distinct software license performance obligations are generally recognized upfront at the point in time when the software is made available to the customer to download and use. Revenues from usage-based royalty arrangements for distinct software licenses are recognized at the point in time when the software end user usage occurs. For usage-based royalty arrangements with a fixed minimum guarantee amount, the minimum amount is generally recognized upfront when the software is made available to the royalty customer.

Oracle’s primary performance obligations with respect to software support contracts is to provide customers with technical support as needed and unspecified software product upgrades, maintenance releases and patches during the term of the support period, if and when they are available. Oracle is obligated to make the software support services available continuously throughout the contract period. Therefore, revenues for software support contracts is generally recognized ratably over the contractual periods that the support services are provided.

Revenue Recognition for Hardware – Product and Support

The hardware product and related software, such as an operating system or firmware, are highly interdependent and interrelated and are accounted for as a combined performance obligation. The revenues for this combined performance obligation are generally recognized at the point in time that the hardware product is delivered and ownership is transferred to the customer.

Oracle’s primary performance obligations with respect to hardware support contracts are to provide customers with technical support as needed and unspecified firmware upgrades, maintenance releases and patches during the term of the support period, if and when they are available, and hardware product repairs. Oracle is obligated to make the hardware support services available continuously throughout the contract period. Therefore, revenues for hardware support contracts are generally recognized ratably over the contractual periods that the support services are provided.

Revenue Recognition for Services

Services revenues are generally recognized over time as the services are performed. Revenues for fixed price services are generally recognized over time applying input methods to estimate progress to completion. Revenues for consumption-based services are generally recognized as the services are performed.

Allocation of the Transaction Price for Contracts that have Multiple Performance Obligations

Many of our contracts include multiple performance obligations. Judgment is required in determining whether each performance obligation is distinct. Oracle products and services generally do not require a significant amount of integration or interdependency; therefore, our products and services are generally not combined. We allocate the transaction price for each contract to each performance obligation based on the relative standalone selling price (SSP) for each performance obligation within each contract.

We use judgment in determining the SSP for products and services. For substantially all performance obligations except certain cloud offerings and software licenses, we are able to establish the SSP based on the observable prices of products or services sold separately in comparable circumstances to similar customers. We typically establish an SSP range for our products and services which is reassessed on a periodic basis or when facts and circumstances change. For certain cloud offerings, SSP is estimated using an expected cost plus a reasonable margin approach. Our software licenses have not historically been sold on a standalone basis, as the vast majority of all customers elect to purchase software support contracts at the time of a software license purchase. Software support contracts are generally priced as a percentage of the net fees paid by the customer to access the license. We are unable to establish the SSP for our software licenses based on observable prices given the same products are sold for a broad range of amounts (that is, the selling price is highly variable) and a representative SSP is not discernible from past transactions or other observable evidence. As a result, the SSP for a software license included in a contract with multiple performance obligations is generally determined by applying a residual approach whereby all other performance obligations within a contract are first allocated a portion of the transaction price based upon their respective SSPs, with any residual amount of transaction price allocated to software license revenues.

Remaining Performance Obligations from Contracts with Customers

Trade receivables, net of allowance for credit losses, and deferred revenues are reported net of related uncollected deferred revenues in our consolidated balance sheets as of May 31, 2026 and 2025. The revenues recognized during the year ended May 31, 2026 and 2025 that were included in the opening deferred revenues balances as of May 31, 2025 and 2024 were approximately $9.4 billion and $9.3 billion, respectively. Revenues recognized from performance obligations satisfied in prior periods and impairment losses recognized on our receivables were immaterial during each year ended May 31, 2026, 2025 and 2024.

Remaining performance obligations represent contracted revenues that had not yet been recognized, and include deferred revenues; invoices that have been issued to customers but were uncollected and have not been recognized as revenues; and amounts that will be invoiced and recognized as revenues in future periods. We have elected the optional exemption to not disclose the variable consideration for contracts in which the variable consideration expected to be received over the duration of the contract is allocated entirely to the wholly unsatisfied performance obligations. The volumes and amounts of customer contracts that we book and total revenues that we recognize are impacted by a variety of seasonal factors and the timing of booking of large contracts. In each fiscal year, the amounts and volumes of contracting activity, other than the impact of booking of large contracts, and our total revenues are typically highest in our fourth fiscal quarter and lowest in our first fiscal quarter. These seasonal impacts and the timing of booking of large contracts influence how our remaining performance obligations change over time and, combined with foreign exchange rate fluctuations and other factors, influence the amount of remaining performance obligations that we report at a point in time. As of May 31, 2026, our remaining performance obligations were $638 billion, of which we expect to recognize approximately 12% as revenues over the next twelve months, 34% over the subsequent month 13 to month 36, 34% over the subsequent month 37 to month 60 and the remainder thereafter.

Customer Prepayments and Sales of Financing Receivables

Certain of our customer contracts include a significant financing component either because the customer has made significant prepayment before the corresponding performance obligations are delivered or because we have provided long-term payment plans to the customer. In determining whether a contract contains a significant financing component, we consider: (1) the expected timing between transfer of goods and services and customer payment; (2) the difference between the promised consideration and the cash selling price; and (3) prevailing market interest rates. We apply the practical expedient and do not adjust the promised amount of consideration for the effects of a significant financing component when the period between transfer of goods or services and customer payment is one year or less. During fiscal 2026, we received $4.6 billion of prepayments from customers that included a significant financing component. No prepayments were received from customers that included a significant financing component during fiscal 2025 and 2024. We recognize interest expense related to significant financing components separately from revenue. During fiscal 2026, such amounts were immaterial. We determine the discount rate based on a rate that reflects the credit characteristics of the party receiving financing, which is generally consistent with our incremental borrowing rate. The effects of significant financing components are reflected in deferred revenues and recognized over the period of performance.

We offer certain of our customers the option to acquire certain of our products and services offerings through separate long-term payment contracts. We generally sell these contracts that we have financed for our customers on a non-recourse basis to financial institutions within 90 days of the contracts’ dates of execution. We record the transfers of amounts due from customers to financial institutions as sales of financing receivables because we are considered to have surrendered control of these financing receivables. During fiscal 2026, 2025 and 2024, $1.9 billion, $1.6 billion and $1.4 billion, respectively, of our financing receivables were sold to financial institutions.

Business Combinations

We apply the provisions of ASC 805, Business Combinations (ASC 805), in accounting for our acquisitions. ASC 805 requires that we evaluate whether a transaction pertains to an acquisition of assets, or to an acquisition of a business. A business is defined as an integrated set of assets and activities that is capable of being conducted and managed for the purpose of providing a return to investors. Asset acquisitions are accounted for by allocating the cost of the acquisition to the individual assets and liabilities assumed on a relative fair value basis; whereas the acquisition of a business requires us to recognize goodwill separately from the assets acquired and the liabilities assumed at the acquisition date fair values. Goodwill as of the business acquisition date is measured as the excess of consideration transferred over the net of the acquisition date fair values of the assets acquired and the liabilities assumed. While we use our best estimates and assumptions to accurately value assets acquired and liabilities assumed at the business acquisition date as well as any contingent consideration, where applicable, our estimates are inherently uncertain and subject to refinement. As a result, during the measurement period, which may be up to one year from the business acquisition date, we record adjustments to the assets acquired and liabilities assumed with the corresponding offset to goodwill. Upon the conclusion of a business acquisition’s measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are recorded to our consolidated statements of operations. Costs to exit or restructure certain activities of an acquired company or our internal operations are accounted for as termination and exit costs pursuant to ASC 420, Exit or Disposal Cost Obligations, and are accounted for separately from the business combination. A liability for costs associated with an exit or disposal activity is recognized and measured at its fair value in our consolidated statement of operations in the period in which the liability is incurred.

Marketable and Non-Marketable Investments

In accordance with ASC 320, Investments—Debt Securities, and based on our intentions regarding these instruments, we classify substantially all of our marketable debt securities investments as available-for-sale. We carry these securities at fair value, and report the unrealized gains and losses, net of taxes, as a component of stockholders’ equity, except for unrealized losses, if any, determined to be related to credit losses, which we record within non-operating income (expenses), net in the accompanying consolidated statements of operations. We periodically evaluate our investments to determine if impairment charges are required. All of our marketable debt securities

investments are classified as current based on the nature of the investments and their availability for use in current operations.

Investments in equity securities, other than any equity method investments, are generally recorded at their fair values, if the fair values are readily determinable. Non-marketable equity securities for which the fair values are not readily determinable and where we do not have control of, nor significant influence in, the investee are recorded at cost, less any impairment, adjusted for observable price changes from orderly transactions for identical or similar investments of the same issuer with any gains or losses recorded as a component of non-operating income (expenses), net as of and for each reporting period. For investments through which we have significant influence in, but not control of, the investee, we account for such investments pursuant to the equity method of accounting whereby we record our proportionate share of the investee’s earnings or losses; amortization of certain differences between our investment basis and underlying equity in net assets of the investee; and impairment, if any, as a component of non-operating income (expenses), net for each reporting period. As per ASC 850, Related Party Disclosures, equity method investees are considered as related parties.

Our investments in marketable debt and equity securities totaled $605 million and $417 million as of May 31, 2026 and 2025, respectively, and are included in current assets in the accompanying consolidated balance sheets.

Our non-marketable debt investments and equity securities and related instruments totaled $2.3 billion and $2.1 billion as of May 31, 2026 and 2025, respectively, and substantially all of the balance is included in other non-current assets in the accompanying consolidated balance sheets and is subject to periodic credit losses and impairment reviews. The majority of the non-marketable debt and equity investments we held as of May 31, 2025 were with Ampere Computing Holdings LLC (Ampere), an equity method investee. On November 25, 2025, SoftBank Group Corp. acquired all of the equity interests of Ampere (the Ampere Acquisition). We received cash proceeds of $4.3 billion in exchange for our equity, debt and call option interests in Ampere in the Ampere Acquisition. We recorded $2.7 billion of realized gain, which is included in the non-operating income (expenses), net line item in our consolidated statements of operations for the year ended May 31, 2026. We have no remaining investment in Ampere as of May 31, 2026. The substantial majority of the non-marketable investments we held as of May 31, 2026 were with TikTok USDS Joint Venture LLC, an equity method investee in which we have an ownership interest of 15%.

Fair Values of Financial Instruments

We apply the provisions of ASC 820, Fair Value Measurement (ASC 820), to our assets and liabilities that we are required to measure at fair value pursuant to other accounting standards, including our investments in marketable debt and equity securities and our derivative financial instruments.

The additional disclosures regarding our fair value measurements are included in Note 3.

Allowances for Credit Losses

We record allowances for credit losses based upon a specific review of all significant outstanding invoices. For those invoices not specifically reviewed, provisions are provided at differing rates, based upon the age of the receivable, collection history and current economic conditions. We write-off a receivable and charge it against its recorded allowance when we have exhausted our collection efforts without success.

Concentrations of Risk

Financial instruments that are potentially subject to concentrations of credit risk consist primarily of cash and cash equivalents, marketable securities, derivatives, trade receivables and non-marketable investments. Our cash and cash equivalents are generally held with large, diverse financial institutions worldwide to reduce the amount of exposure to any single financial institution. Investment policies have been implemented that limit purchases of marketable debt securities to investment-grade securities. Our derivative contracts are transacted with various financial institutions with high credit standings and any exposure to counterparty credit-related losses in these contracts is largely mitigated with collateral security agreements that provide for collateral to be received or posted when the net fair values of these contracts fluctuate from contractually established thresholds. Refer to “Marketable

and Non-Marketable Investments” section above for additional information on our non-marketable investments. We generally do not require collateral to secure accounts receivable. The risk with respect to trade receivables is mitigated by credit evaluations we perform on our customers, the short duration of our payment terms for the significant majority of our customer contracts and by the diversification of our customer base. No single customer accounted for 10% or more of our total revenues in fiscal 2026, 2025 or 2024. We enter into certain large, long-term customer cloud arrangements that require us to make significant infrastructure investments, including data center capacity. For discretionary capital expenditures, the timing of such expenditures can be adjusted based on our liquidity position and access to additional financing. The economic returns on these investments are dependent on customer demand and the ability of our key customers to meet their contractual obligations. Changes in customer demand or the ability of our key customers to meet their contractual obligations may adversely affect operating margins, cash flows and could require evaluation of the recoverability of related long-lived assets.

We outsource the manufacturing, assembly and delivery of the substantial majority of our hardware products that we sell to our customers as well as use internally to deliver our cloud services to a variety of companies, many of which are located outside the U.S. Further, we have simplified our supply chain processes by reducing the number of third-party manufacturing partners and the number of locations where these third-party manufacturers build our hardware products. Any inability of these third-party manufacturing partners to deliver the contracted services for our hardware products could adversely impact future operating results of our cloud and software and hardware businesses.

Deferred Sales Commissions

We defer sales commissions earned by our sales force that are considered to be incremental and recoverable costs of obtaining a cloud, software support and hardware support contract. Initial sales commissions for the majority of these aforementioned contracts are generally deferred and amortized on a straight-line basis over an average benefit period that we estimate to be four years. We determine the period of benefit by taking into consideration the historical and expected durations of our customer contracts, the expected useful lives of our technologies and other factors. Sales commissions for renewal contracts relating to certain of our cloud-based arrangements are generally deferred and then amortized on a straight-line basis over the related contractual renewal period, which is generally one to three years. Amortization of deferred sales commissions is included as a component of sales and marketing expenses in our consolidated statements of operations and asset balances for deferred sales commissions are included in other current assets and other non-current assets in our consolidated balance sheets.

Property, Plant and Equipment

Property, plant and equipment are stated at cost, less accumulated depreciation. Costs incurred are accumulated as construction in progress until the asset is brought into the condition and at the location for its intended use. Once the asset is in the condition and at the location for its intended use, it is amortized using the straight-line method of depreciation based on estimated useful lives of the assets, which range from one to 40 years. Finance lease Right-of-Use (ROU) assets are amortized over the lease term. Leasehold improvements are amortized over the lesser of the estimated useful lives of the improvements or the lease terms, as appropriate. Property, plant and equipment are periodically reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable at an appropriate asset or asset group level. We did not recognize any significant property impairment charges in fiscal 2026, 2025 or 2024. Note 4 below provides additional information regarding our Property, Plant and Equipment.

Goodwill, Intangible Assets and Impairment Assessments

Goodwill represents the excess of the purchase price in a business combination over the fair value of net tangible and intangible assets acquired. Intangible assets that are not considered to have an indefinite useful life are itemized in Note 5 below and are amortized over their useful lives, which generally range from one to 10 years. At least annually, we assess the useful lives of our finite lived intangible assets and may adjust the period over which these assets are amortized whenever events or changes in circumstances indicate that a shorter amortization period is more reflective of the period in which these assets contribute to our cash flows. Intangible assets are included within other non-current assets on our consolidated balance sheets.

The carrying amounts of our goodwill and intangible assets are reviewed for impairment annually and whenever events or changes in circumstances indicate that the carrying value of these assets may not be recoverable. When goodwill is assessed for impairment, we have the option to perform an assessment of qualitative factors of impairment (optional assessment) prior to necessitating a quantitative impairment test. Should the optional assessment be used for any given fiscal year, qualitative factors considered for a reporting unit include: cost factors; financial performance; legal, regulatory, contractual, political, business, or other factors; entity specific factors; industry and market considerations; macroeconomic conditions; and other relevant events and factors affecting the reporting unit. If we determine in the qualitative assessment that it is more likely than not that the fair value of the reporting unit is less than its carrying value, a quantitative test is then performed. Otherwise, no further testing is required. For those reporting units tested using a quantitative approach, we compare the fair value of each reporting unit with the carrying amount of the reporting unit, including goodwill. To determine the fair value of each reporting unit we utilize estimates, judgments and assumptions including estimated future cash flows the reporting unit is expected to generate on a discounted basis; the discount rate used as a part of the discounted cash flow analysis; future economic and market conditions; and market comparables of peer companies, among others. If, as per the quantitative test, the estimated fair value of the reporting unit is less than the carrying amount of the reporting unit, impairment is recognized for the difference, limited to the amount of goodwill recognized for the reporting unit. Our most recent goodwill impairment analysis was performed on March 1, 2026 and did not result in a goodwill impairment charge. We did not recognize impairment charges in fiscal 2025 or 2024.

Recoverability of finite lived intangible assets is evaluated by comparison of the carrying amount of the asset to the future undiscounted cash flows that are expected to be generated by the lowest level associated asset grouping. Recoverability of indefinite lived intangible assets is evaluated by comparison of the carrying amount of the asset to its fair value. If the asset is considered to be impaired, the amount of any impairment is measured as the difference between the carrying value and the fair value of the impaired asset. We did not recognize any intangible asset impairment charges in fiscal 2026, 2025 or 2024.

Derivative Financial Instruments

During fiscal 2026, 2025 and 2024, we used derivative financial instruments to manage foreign currency and interest rate risks. We do not use derivative financial instruments for trading purposes. We account for these instruments in accordance with ASC 815, Derivatives and Hedging (ASC 815), which requires that every derivative instrument be recorded on the balance sheet as either an asset or liability measured at its fair value as of each reporting date. ASC 815 also requires that changes in our derivatives’ fair values be recognized in earnings, unless specific hedge accounting and documentation criteria are met (i.e., the instruments are accounted for as certain types of hedges).

The accounting for changes in the fair value of a derivative depends on the intended use of the derivative and the resulting designation. For a derivative instrument designated as a fair value hedge, loss or gain attributable to the risk being hedged is recognized in earnings in the period of change with a corresponding earnings offset recorded to the item for which the risk is being hedged. For a derivative instrument designated as a cash flow hedge, during each reporting period, we record the change in fair value of the derivative to accumulated other comprehensive loss (AOCL) in our consolidated balance sheets and the change is reclassified to earnings in the period the hedged item affects earnings.

Leases

We apply the provisions of ASC 842, Leases (ASC 842), in accounting for our leases. Accordingly, we determine if an arrangement is a lease at its inception. Lease liabilities are recognized at the lease commencement date based on the present value of lease payments over the lease term. We generally use our incremental borrowing rate based on the information available at the lease commencement date in determining the present value of future payments, because the implicit rate of the lease is generally not known. ROU assets related to our leases are measured at lease inception based on the initial measurement of the lease liability, plus any prepaid lease payments and less any lease incentives. Our lease terms that are used in determining our lease liabilities at lease inception may include options to extend or terminate the leases when it is reasonably certain that we will exercise such options. For operating leases, we generally recognize the lease expense on a straight-line basis over the lease term and classify both the ROU assets amortization and imputed interest as operating expenses. For finance leases, ROU assets are amortized on a straight-line basis over the lease term and are classified as operating expense and imputed interest is classified as interest expense. We have lease agreements with lease and non-lease components, and in such cases, we generally account for the components as a single lease component. We do not recognize lease assets and lease liabilities for any lease with an original lease term of less than one year. An impairment charge is recorded for an abandoned ROU asset.

ROU assets related to operating and finance leases are included in operating lease ROU assets and property, plant and equipment, net, respectively; short-term operating and finance lease liabilities are included in other current liabilities; and long-term operating and finance lease liabilities are included in operating lease liabilities and other non-current liabilities, respectively, in our consolidated balance sheets.

Cash flow movements related to operating lease activities are included in operating cash flows and those related to finance leases are included in operating cash flows for the interest component and in financing cash flows for the principal payment component in our consolidated statements of cash flows for the years ended May 31, 2026, 2025 and 2024. Note 9 below provides additional information regarding our leases.

Legal and Other Contingencies

We are currently involved in various claims and legal proceedings. Quarterly, we review the status of each significant matter and assess our potential financial exposure. For legal and other contingencies that are not a part of a business combination or related to income taxes, we accrue a liability for an estimated loss if the potential loss from any claim or legal proceeding is considered probable, and the amount can be reasonably estimated. Note 15 below provides additional information regarding certain of our legal contingencies.

Foreign Currency

We transact business in various foreign currencies. In general, the functional currency of a foreign operation is the local country’s currency. Consequently, revenues and expenses of operations outside the U.S. are translated into U.S. Dollars using weighted-average exchange rates while assets and liabilities of operations outside the U.S. are translated into U.S. Dollars using exchange rates at the balance sheet dates. The effects of foreign currency translation adjustments are included in stockholders’ equity as a component of AOCL in the accompanying consolidated balance sheets and related periodic movements are summarized as a line item in our consolidated statements of comprehensive income. Net foreign exchange transaction losses included in non-operating income (expenses), net in the accompanying consolidated statements of operations were $131 million, $147 million and $228 million in fiscal 2026, 2025 and 2024, respectively.

Stock-Based Compensation

We account for share-based payments to employees, including grants of service-based restricted stock unit (RSU) awards, service-based employee stock options, performance-based stock options (PSOs) and purchases under employee stock purchase plans in accordance with ASC 718, Compensation—Stock Compensation, which requires that share-based payments (to the extent they are compensatory) be recognized in our consolidated statements of operations based on their fair values. Beginning in fiscal 2026, most Oracle employees who received equity awards were given a choice to receive their awards in the form of (1) 100% stock options, (2) 100% RSUs or (3) a combination of 50% stock options and 50% RSUs (the Employee Choice Program). The Compensation Committee of our Board of Directors has determined that a ratio of four stock options to one RSU should be used, consistent with its historic approach, for equity awards granted to Oracle employees. We account for forfeitures of stock-based awards as they occur.

For our service-based stock awards, we recognize stock-based compensation expense on a straight-line basis over the service period of the award, which is generally four years.

For our PSOs, we recognize stock-based compensation expense on a straight-line basis for tranches that are probable of achievement over the estimated implicit service period for performance-metric achievement. During our interim and annual reporting periods, stock-based compensation expense is recorded based on expected attainment of performance targets. Changes in our estimates of the expected attainment of performance targets that result in a change in the number of shares that are expected to vest, or changes in our estimates of implicit service periods, may cause the amount of stock-based compensation expense that we record for each interim reporting period to vary. Any changes in estimates that impact our expectation of the number of shares that are expected to vest are reflected in the amount of stock-based compensation expense that we recognize for each PSO tranche on a cumulative catch-up basis during each interim reporting period in which such estimates are altered.

We record deferred tax assets for stock-based compensation awards that result in deductions on certain of our income tax returns based on the amount of stock-based compensation recognized in each reporting period and the fair values attributable to the vested portion of stock awards assumed in connection with a business combination at the statutory tax rates in the jurisdictions that we are able to recognize such tax deductions. The impacts of the actual tax deductions for stock-based awards that are realized in these jurisdictions are generally recognized in the reporting period that a restricted stock-based award vests or a stock option is exercised with any shortfall/windfall relative to the deferred tax asset established and recorded as a discrete detriment/benefit to our provision for income taxes in such period. Note 11 below provides additional information regarding our stock-based compensation plans and related expenses.

Research and Development Costs and Software Development Costs

Research and development costs are generally expensed as incurred in accordance with ASC 730, Research and Development. Software development costs required to be capitalized under ASC 985-20, Costs of Software to be Sold, Leased or Marketed, and under ASC 350-40, Internal-Use Software, were not material to our consolidated financial statements in fiscal 2026, 2025 and 2024.

Non-Operating Income (Expenses), net

Non-operating income (expenses), net consists primarily of interest income, net foreign currency exchange losses, the noncontrolling interests in the net profits of our majority-owned subsidiaries (primarily Oracle Financial Services Software Limited and Oracle Corporation Japan), net gains and losses related to marketable and non-marketable investments, including net gains and losses attributable to equity method investments and net other income and expenses, including net gains and losses from our investment portfolio related to our deferred compensation plan, for which an equal and offsetting amount was recorded to our operating expenses during the same period, and non-service net periodic pension income and losses.

 

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Interest income

 

$

780

 

 

$

578

 

 

$

451

 

Foreign currency losses, net

 

 

(131

)

 

 

(147

)

 

 

(228

)

Noncontrolling interests in income

 

 

(222

)

 

 

(184

)

 

 

(186

)

Gains (losses) from marketable and non-marketable investments, net

 

 

2,811

 

 

 

(278

)

 

 

(303

)

Other income, net

 

 

309

 

 

 

91

 

 

 

168

 

Total non-operating income (expenses), net

 

$

3,547

 

 

$

60

 

 

$

(98

)

 

Income Taxes

We account for income taxes in accordance with ASC 740, Income Taxes (ASC 740). Deferred income taxes are recorded for the expected tax consequences of temporary differences between the tax bases of assets and liabilities for financial reporting purposes and amounts recognized for income tax purposes. We record a valuation allowance to reduce our deferred tax assets to the amount of future tax benefit that is more likely than not to be realized.

A two-step approach is applied pursuant to ASC 740 in the recognition and measurement of uncertain tax positions taken or expected to be taken in a tax return. The first step is to determine if the weight of available evidence indicates that it is more likely than not that the tax position will be sustained in an audit, including resolution of any related appeals or litigation processes. The second step is to measure the tax benefit as the largest amount that is more than 50% likely to be realized upon ultimate settlement. We recognize interest and penalties related to uncertain tax positions in our provision for income taxes line of our consolidated statements of operations.

Recent Accounting Pronouncements

Income Statement: In November 2024, the FASB issued ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses and also issued subsequent guidance clarifying the effective date of the initial guidance (collectively, Subtopic 220-40), which enhances the disclosures required for expense disaggregation in our annual and interim consolidated financial statements. This guidance is effective for us for our annual reporting for fiscal 2028 and for interim period reporting beginning in fiscal 2029 on a prospective basis. Both early adoption and retrospective application are permitted. We are currently evaluating the impact of our pending adoption of Subtopic 220-40 on our consolidated financial statements.

Software Development Costs: In September 2025, the FASB issued ASU 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software (ASU 2025-06), which clarifies and modernizes the accounting for internal-use software. ASU 2025-06 is effective for us in the first quarter of fiscal 2029, with early adoption permitted. The standard permits application of the guidance using a prospective, retrospective, or modified transition approach. We are currently evaluating the impact of our pending adoption of ASU 2025-06 on our consolidated financial statements.
v3.26.1
CASH, CASH EQUIVALENTS AND MARKETABLE SECURITIES
 12 Months Ended
May 31, 2026
Cash, Cash Equivalents, and Short-Term Investments [Abstract]  
CASH, CASH EQUIVALENTS AND MARKETABLE SECURITIES
2.
CASH, CASH EQUIVALENTS AND MARKETABLE SECURITIES

Cash and cash equivalents primarily consist of deposits held at major banks, including time deposits and money market funds with original maturities of 90 days or less. Marketable securities primarily consist of time deposits with original maturities at the time of purchase greater than 90 days.

The amortized principal amounts of our cash, cash equivalents and marketable securities approximated their fair values at May 31, 2026 and 2025. We use the specific identification method to determine any realized gains or losses from the sale of our marketable securities classified as available-for-sale. Such realized gains and losses were

insignificant for fiscal 2026, 2025 and 2024. The following table summarizes the components of our cash equivalents and marketable securities held, substantially all of which were classified as available-for-sale:

 

 

 

May 31,

 

(in millions)

 

2026

 

 

2025

 

Money market funds

 

$

23,387

 

 

$

2,220

 

Time deposits and other

 

 

739

 

 

 

585

 

Total investments

 

$

24,126

 

 

$

2,805

 

Investments classified as cash equivalents

 

$

23,521

 

 

$

2,388

 

Investments classified as marketable securities

 

$

605

 

 

$

417

 

 

As of May 31, 2026 and 2025, all of our marketable debt securities investments mature within one year. Our investment portfolio is subject to market risk due to changes in interest rates. As described above, we limit purchases of marketable debt securities to investment-grade securities, which have high credit ratings and also limit the amount of credit exposure to any one issuer. As stated in our investment policy, we are averse to principal loss and seek to preserve our invested funds by limiting default risk and market risk.

Restricted cash that was included within cash and cash equivalents as presented within our consolidated balance sheets as of May 31, 2026 and 2025 and our consolidated statements of cash flows for the years ended May 31, 2026, 2025 and 2024 was immaterial.
v3.26.1
FAIR VALUE MEASUREMENTS
 12 Months Ended
May 31, 2026
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASUREMENTS
3.
FAIR VALUE MEASUREMENTS

We perform fair value measurements in accordance with ASC 820. ASC 820 defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required to be recorded at their fair values, we consider the principal or most advantageous market in which we would transact and consider assumptions that market participants would use when pricing the assets or liabilities, such as inherent risk, transfer restrictions and risk of nonperformance.

ASC 820 establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. An asset’s or a liability’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 establishes three levels of inputs that may be used to measure fair value:

•
Level 1: quoted prices in active markets for identical assets or liabilities;
•
Level 2: inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices in active markets for similar assets or liabilities, quoted prices for identical or similar assets or liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities; or
•
Level 3: unobservable inputs that are supported by little or no market activity and that are significant to the fair values of the assets or liabilities.

Assets and Liabilities Measured at Fair Value on a Recurring Basis

Our assets and liabilities measured at fair value on a recurring basis consisted of the following (Level 1 and Level 2 inputs are defined above):

 

 

 

May 31, 2026

 

 

May 31, 2025

 

 

 

Fair Value Measurements
Using Input Types

 

 

 

 

 

Fair Value Measurements
Using Input Types

 

 

 

 

(in millions)

 

Level 1

 

 

Level 2

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

23,387

 

 

$

—

 

 

$

23,387

 

 

$

2,220

 

 

$

—

 

 

$

2,220

 

Time deposits and other

 

 

68

 

 

 

671

 

 

 

739

 

 

 

59

 

 

 

526

 

 

 

585

 

Derivative financial instruments

 

 

—

 

 

 

36

 

 

 

36

 

 

 

—

 

 

 

54

 

 

 

54

 

Total assets

 

$

23,455

 

 

$

707

 

 

$

24,162

 

 

$

2,279

 

 

$

580

 

 

$

2,859

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative financial instruments

 

$

—

 

 

$

—

 

 

$

—

 

 

$

—

 

 

$

26

 

 

$

26

 

 

Our valuation techniques used to measure the fair values of our instruments that were classified as Level 1 in the table above were derived from quoted market prices and active markets for these instruments that exist. Our valuation techniques used to measure the fair values of Level 2 instruments listed in the table above were derived from the following: non-binding market consensus prices that were corroborated by observable market data, quoted market prices for similar instruments, or pricing models, such as discounted cash flow techniques, with all significant inputs derived from or corroborated by observable market data including reference rate yield curves, among others.

Based on the trading prices of the $128.1 billion and $90.3 billion of senior notes and other long-term borrowings and the related fair value hedges, if any, that we had outstanding as of May 31, 2026 and 2025, respectively, the estimated fair values of the senior notes and other long-term borrowings and the related fair value hedges, if any, using Level 2 inputs at May 31, 2026 and 2025 were $114.4 billion and $81.3 billion, respectively.
v3.26.1
PROPERTY, PLANT AND EQUIPMENT
 12 Months Ended
May 31, 2026
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT
4.
PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment, net consisted of the following:

 

 

 

Estimated

 

May 31,

 

(Dollars in millions)

 

Useful Life

 

2026

 

 

2025

 

Computer, network, machinery and equipment

 

1-6 years(1)

 

$

59,634

 

 

$

30,345

 

Buildings and improvements

 

1-40 years

 

 

21,263

 

 

 

10,881

 

Furniture, fixtures and other

 

5-15 years

 

 

452

 

 

 

466

 

Land

 

—

 

 

1,329

 

 

 

1,352

 

Construction in progress(2)

 

—

 

 

39,973

 

 

 

16,510

 

Total property, plant and equipment

 

1-40 years

 

 

122,651

 

 

 

59,554

 

Accumulated depreciation

 

 

 

 

(22,694

)

 

 

(16,032

)

Total property, plant and equipment, net

 

 

 

$

99,957

 

 

$

43,522

 

 

(1)
Comprised primarily of servers and networking equipment with estimated useful life of six years.
(2)
Comprised primarily of servers, networking equipment and leasehold improvements to be deployed at our data centers.

Depreciation expense on property, plant and equipment in fiscal 2026, 2025 and 2024 were $7.6 billion, $3.9 billion and $3.1 billion, respectively. Property, plant and equipment, net includes ROU assets recorded in connection with lease arrangements that are accounted for as finance leases, totaling $7.5 billion and $2.9 billion as of May 31, 2026 and 2025, respectively.
v3.26.1
INTANGIBLE ASSETS AND GOODWILL
 12 Months Ended
May 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS AND GOODWILL
5.
INTANGIBLE ASSETS AND GOODWILL

The changes in intangible assets for fiscal 2026 and the net book value of intangible assets as of May 31, 2026 and 2025 were as follows:

 

 

Intangible Assets, Gross

 

 

Accumulated Amortization

 

 

Intangible Assets, Net

 

(in millions)

 

May 31,
2025

 

 

Additions

 

 

Retirements

 

 

May 31,
2026

 

 

May 31,
2025

 

 

Expense

 

 

Retirements

 

 

May 31,
2026

 

 

May 31,
2025

 

 

May 31,
2026

 

Cloud and software agreements and related relationships

 

$

9,670

 

 

$

—

 

 

$

(1,794

)

 

$

7,876

 

 

$

(6,471

)

 

$

(558

)

 

$

1,794

 

 

$

(5,235

)

 

$

3,199

 

 

$

2,641

 

Developed technology

 

 

4,143

 

 

 

287

 

 

 

(425

)

 

 

4,005

 

 

 

(3,509

)

 

 

(627

)

 

 

425

 

 

 

(3,711

)

 

 

634

 

 

 

294

 

Other

 

 

2,827

 

 

 

26

 

 

 

(173

)

 

 

2,680

 

 

 

(2,073

)

 

 

(486

)

 

 

173

 

 

 

(2,386

)

 

 

754

 

 

 

294

 

Total intangible assets, net

 

$

16,640

 

 

$

313

 

 

$

(2,392

)

 

$

14,561

 

 

$

(12,053

)

 

$

(1,671

)

 

$

2,392

 

 

$

(11,332

)

 

$

4,587

 

 

$

3,229

 

As of May 31, 2026, estimated future amortization expenses related to intangible assets were as follows (in millions):

Fiscal 2027

 

$

731

 

Fiscal 2028

 

 

694

 

Fiscal 2029

 

 

620

 

Fiscal 2030

 

 

582

 

Fiscal 2031

 

 

377

 

Thereafter

 

 

225

 

Total intangible assets, net

 

$

3,229

 

 

The changes in the carrying amounts of goodwill, which is generally not deductible for tax purposes, for our operating segments for fiscal 2026 and 2025 were as follows:

(in millions)

 

Cloud and Software

 

 

Hardware

 

 

Services

 

 

Total Goodwill

 

Balances as of May 31, 2024

 

$

57,072

 

 

$

2,732

 

 

$

2,426

 

 

$

62,230

 

Goodwill adjustments, net(1)

 

 

(23

)

 

 

—

 

 

 

—

 

 

 

(23

)

Balances as of May 31, 2025

 

 

57,049

 

 

 

2,732

 

 

 

2,426

 

 

 

62,207

 

Goodwill adjustments, net(1)

 

 

65

 

 

 

—

 

 

 

(11

)

 

 

54

 

Balances as of May 31, 2026

 

$

57,114

 

 

$

2,732

 

 

$

2,415

 

 

$

62,261

 

 

Amounts include any changes in goodwill balances for the period presented that resulted from foreign currency translations.
v3.26.1
NOTES PAYABLE AND OTHER BORROWINGS
 12 Months Ended
May 31, 2026
Debt Disclosure [Abstract]  
NOTES PAYABLE AND OTHER BORROWINGS
6.
NOTES PAYABLE AND OTHER BORROWINGS

Notes payable and other borrowings consisted of the following:

 

 

 

 

May 31,

 

 

 

 

2026

 

2025

(Amounts in millions)

 

Date of
Issuance

 

Amount

 

 

Effective
Interest
Rate

 

Amount

 

 

Effective
Interest
Rate

Fixed-rate senior notes:

 

 

 

 

 

 

 

 

 

 

 

 

€750, 3.125%, due July 2025(1)

 

July 2013

 

$

—

 

 

N.A

 

$

841

 

 

3.17%

$1,000, 5.80%, due November 2025

 

November 2022

 

 

—

 

 

N.A

 

 

1,000

 

 

5.93%

$2,750, 1.65%, due March 2026

 

March 2021

 

 

—

 

 

N.A

 

 

2,750

 

 

1.67%

$3,000, 2.65%, due July 2026

 

July 2016

 

 

3,000

 

 

2.73%

 

 

3,000

 

 

2.73%

$2,250, 2.80%, due April 2027

 

April 2020

 

 

2,250

 

 

2.87%

 

 

2,250

 

 

2.87%

$2,750, 3.25%, due November 2027

 

November 2017

 

 

2,750

 

 

3.29%

 

 

2,750

 

 

3.29%

$2,000, 2.30%, due March 2028

 

March 2021

 

 

2,000

 

 

2.36%

 

 

2,000

 

 

2.36%

$750, 4.50%, due May 2028

 

February 2023

 

 

750

 

 

4.60%

 

 

750

 

 

4.60%

$1,500, 4.80%, due August 2028

 

February 2025

 

 

1,500

 

 

4.94%

 

 

1,500

 

 

4.94%

$3,000, 4.55%, due February 2029(3)

 

February 2026

 

 

3,000

 

 

4.74%

 

 

—

 

 

N.A

$1,500, 4.20%, due September 2029

 

September 2024

 

 

1,500

 

 

4.27%

 

 

1,500

 

 

4.27%

$1,250, 6.15%, due November 2029

 

November 2022

 

 

1,250

 

 

6.21%

 

 

1,250

 

 

6.21%

$3,250, 2.95%, due April 2030

 

April 2020

 

 

3,250

 

 

3.00%

 

 

3,250

 

 

3.00%

$750, 4.65%, due May 2030

 

February 2023

 

 

750

 

 

4.75%

 

 

750

 

 

4.75%

$500, 3.25%, due May 2030

 

May 2015

 

 

500

 

 

3.35%

 

 

500

 

 

3.35%

$3,000, 4.45%, due September 2030(3)

 

September 2025

 

 

3,000

 

 

4.55%

 

 

—

 

 

N.A

$3,500, 4.95%, due February 2031(3)

 

February 2026

 

 

3,500

 

 

5.08%

 

 

—

 

 

N.A

$3,250, 2.875%, due March 2031

 

March 2021

 

 

3,250

 

 

2.92%

 

 

3,250

 

 

2.92%

$1,250, 5.25%, due February 2032

 

February 2025

 

 

1,250

 

 

5.36%

 

 

1,250

 

 

5.36%

$3,000, 4.80%, due September 2032(3)

 

September 2025

 

 

3,000

 

 

4.87%

 

 

—

 

 

N.A

$2,250, 6.25%, due November 2032

 

November 2022

 

 

2,250

 

 

6.32%

 

 

2,250

 

 

6.32%

$1,500, 4.90%, due February 2033

 

February 2023

 

 

1,500

 

 

4.95%

 

 

1,500

 

 

4.95%

$3,000, 5.35%, due May 2033(3)

 

February 2026

 

 

3,000

 

 

5.42%

 

 

—

 

 

N.A

$1,750, 4.30%, due July 2034

 

July 2014

 

 

1,750

 

 

4.30%

 

 

1,750

 

 

4.30%

$1,750, 4.70%, due September 2034

 

September 2024

 

 

1,750

 

 

4.77%

 

 

1,750

 

 

4.77%

$1,250, 3.90%, due May 2035

 

May 2015

 

 

1,250

 

 

4.00%

 

 

1,250

 

 

4.00%

$1,750, 5.50%, due August 2035

 

February 2025

 

 

1,750

 

 

5.55%

 

 

1,750

 

 

5.55%

$4,000, 5.20%, due September 2035(3)

 

September 2025

 

 

4,000

 

 

5.25%

 

 

—

 

 

N.A

$5,000, 5.70%, due February 2036(3)

 

February 2026

 

 

5,000

 

 

5.78%

 

 

—

 

 

N.A

$1,250, 3.85%, due July 2036

 

July 2016

 

 

1,250

 

 

3.89%

 

 

1,250

 

 

3.89%

$1,750, 3.80%, due November 2037

 

November 2017

 

 

1,750

 

 

3.86%

 

 

1,750

 

 

3.86%

$1,250, 6.50%, due April 2038

 

April 2008

 

 

1,250

 

 

6.51%

 

 

1,250

 

 

6.51%

$1,250, 6.125%, due July 2039

 

July 2009

 

 

1,250

 

 

6.17%

 

 

1,250

 

 

6.17%

$3,000, 3.60%, due April 2040

 

April 2020

 

 

3,000

 

 

3.64%

 

 

3,000

 

 

3.64%

$2,250, 5.375%, due July 2040

 

July 2010

 

 

2,250

 

 

5.45%

 

 

2,250

 

 

5.45%

$2,250, 3.65%, due March 2041

 

March 2021

 

 

2,250

 

 

3.72%

 

 

2,250

 

 

3.72%

$1,000, 4.50%, due July 2044

 

July 2014

 

 

1,000

 

 

4.50%

 

 

1,000

 

 

4.50%

$2,000, 4.125%, due May 2045

 

May 2015

 

 

2,000

 

 

4.20%

 

 

2,000

 

 

4.20%

$2,500, 5.875%, due September 2045(3)

 

September 2025

 

 

2,500

 

 

5.91%

 

 

—

 

 

N.A

$2,250, 6.55%, due February 2046(3)

 

February 2026

 

 

2,250

 

 

6.59%

 

 

—

 

 

N.A

$3,000, 4.00%, due July 2046

 

July 2016

 

 

3,000

 

 

4.03%

 

 

3,000

 

 

4.03%

$2,250, 4.00%, due November 2047

 

November 2017

 

 

2,250

 

 

4.05%

 

 

2,250

 

 

4.05%

$4,500, 3.60%, due April 2050

 

April 2020

 

 

4,500

 

 

3.64%

 

 

4,500

 

 

3.64%

$3,250, 3.95%, due March 2051

 

March 2021

 

 

3,250

 

 

3.98%

 

 

3,250

 

 

3.98%

$2,500, 6.90%, due November 2052

 

November 2022

 

 

2,500

 

 

6.94%

 

 

2,500

 

 

6.94%

$2,250, 5.55%, due February 2053

 

February 2023

 

 

2,250

 

 

5.62%

 

 

2,250

 

 

5.62%

$1,750, 5.375%, due September 2054

 

September 2024

 

 

1,750

 

 

5.43%

 

 

1,750

 

 

5.43%

$1,250, 4.375%, due May 2055

 

May 2015

 

 

1,250

 

 

4.44%

 

 

1,250

 

 

4.44%

$1,750, 6.00%, due August 2055

 

February 2025

 

 

1,750

 

 

6.04%

 

 

1,750

 

 

6.04%

$3,500, 5.95%, due September 2055(3)

 

September 2025

 

 

3,500

 

 

6.05%

 

 

—

 

 

N.A

$5,000, 6.70%, due February 2056(3)

 

February 2026

 

 

5,000

 

 

6.74%

 

 

—

 

 

N.A

$3,500, 3.85%, due April 2060

 

April 2020

 

 

3,500

 

 

3.89%

 

 

3,500

 

 

3.89%

$1,500, 4.10%, due March 2061

 

March 2021

 

 

1,500

 

 

4.13%

 

 

1,500

 

 

4.13%

 

 

 

 

May 31,

 

 

 

 

2026

 

2025

(Amounts in millions)

 

Date of
Issuance

 

Amount

 

 

Effective
Interest
Rate

 

Amount

 

 

Effective
Interest
Rate

$1,250, 5.50%, due September 2064

 

September 2024

 

 

1,250

 

 

5.55%

 

 

1,250

 

 

5.55%

$1,000, 6.125%, due August 2065

 

February 2025

 

 

1,000

 

 

6.17%

 

 

1,000

 

 

6.17%

$2,000, 6.10%, due September 2065(3)

 

September 2025

 

 

2,000

 

 

6.17%

 

 

—

 

 

N.A

$2,750, 6.85%, due February 2066(3)

 

February 2026

 

 

2,750

 

 

6.89%

 

 

—

 

 

N.A

Floating-rate senior notes:

 

 

 

 

 

 

 

 

 

 

 

 

$500, Compounded SOFR plus 0.76%, due August 2028

 

February 2025

 

 

500

 

 

4.43%

 

 

500

 

 

5.28%

$500, Compounded SOFR plus 1.11%, due February 2029(3)

 

February 2026

 

 

500

 

 

4.78%

 

 

—

 

 

N.A

Term loan credit agreements:

 

 

 

 

 

 

 

 

 

 

 

 

$5,630, SOFR plus 1.35%, due August 2027(2)

 

June 2024

 

 

5,137

 

 

5.29%

 

 

5,419

 

 

6.10%

Commercial paper notes

 

 

 

 

1,468

 

 

4.35%

 

 

2,294

 

 

4.88%

Other borrowings due August 2025

 

November 2016

 

 

—

 

 

N.A

 

 

113

 

 

3.53%

Total senior notes and other borrowings

 

 

 

$

130,105

 

 

 

 

$

92,917

 

 

 

Unamortized discount/issuance costs

 

 

 

 

(564

)

 

 

 

 

(348

)

 

 

Hedge accounting fair value adjustments(1)

 

 

 

 

—

 

 

 

 

 

(1

)

 

 

Total notes payable and other borrowings

 

 

 

$

129,541

 

 

 

 

$

92,568

 

 

 

Notes payable and other borrowings, current

 

 

 

$

7,199

 

 

 

 

$

7,271

 

 

 

Notes payable and other borrowings, non-current

 

 

 

$

122,342

 

 

 

 

$

85,297

 

 

 

 

(1)
In fiscal 2018 we entered into certain cross-currency interest rate swap agreements that have the economic effect of converting our fixed-rate, Euro-denominated debt, including annual interest payments and the payment of principal at maturity, to a variable-rate, U.S. Dollar-denominated debt of $871 million based on LIBOR. The effective interest rates as of May 31, 2025 after consideration of the cross-currency interest rate swap agreements were 7.77% for the July 2025 Notes. Refer to Note 1 for a description of our accounting for fair value hedges. The July 2025 Notes were repaid in full upon maturity in July 2025.
(2)
In fiscal 2023, we entered into certain interest rate swap agreements that have the economic effect of converting our $4.7 billion of floating-rate borrowings pursuant to the Term Loan Credit Agreement (defined below) until its repayment and subsequently, borrowings under the Term Loan Credit Agreement 2 (defined below) for the same amount to fixed-rate borrowings with a fixed annual interest rate of 3.07%, plus a margin depending on the credit rating assigned to our long-term senior unsecured debt, as further discussed below. The effective interest rates after consideration of the interest rate swap agreements were 4.74% for each of fiscal 2026 and 2025, for borrowings under the Term Loan Credit Agreement 2 (defined below). Refer to Note 1 for a description of our accounting for cash flow hedges.
(3)
In fiscal 2026, we issued $43.0 billion of senior notes for general corporate purposes, which may include capital expenditures, repayment of indebtedness, future investments or acquisitions and payment of cash dividends on or repurchases of our common stock.

Future principal payments for all of our borrowings at May 31, 2026 were as follows (in millions):

 

Fiscal 2027

 

$

7,210

 

Fiscal 2028

 

 

10,145

 

Fiscal 2029

 

 

5,500

 

Fiscal 2030

 

 

7,250

 

Fiscal 2031

 

 

9,750

 

Thereafter

 

 

90,250

 

Total

 

$

130,105

 

Senior Notes

Interest is payable semi-annually for the senior notes listed in the above table, except for the floating-rate senior notes for which interest is payable quarterly. We may redeem some or all of the fixed-rate senior notes of each series prior to their maturity, subject to certain restrictions, and the payment of an applicable make-whole premium in certain instances except for the floating-rate senior notes, which may not be redeemed prior to their maturity.

The senior notes rank pari passu with all existing and future notes issued pursuant to our commercial paper program (see additional discussion regarding our commercial paper program below) and all existing and future unsecured senior indebtedness of Oracle Corporation, including the Revolving Credit Agreement and the Term Loan Credit Agreement 2, each as defined and described further below. All existing and future liabilities of the subsidiaries of Oracle Corporation are or will be effectively senior to the senior notes and Commercial Paper Notes (defined below),

borrowings under the Term Loan Credit Agreement 2 (defined below) and any future borrowings pursuant to the Revolving Credit Agreement. We were in compliance with all debt-related covenants at May 31, 2026.

Revolving Credit Agreement

On March 6, 2026, we terminated our existing $6.0 billion, five-year revolving credit agreement among us, as borrower, Bank of America, N.A., as administrative agent, and the lenders and other agents named therein, which was originally scheduled to terminate on March 8, 2027. On March 6, 2026, we entered into a new $10.0 billion, five-year revolving credit agreement (the Revolving Credit Agreement) among us, as borrower, Bank of America, N.A., as administrative agent, and the lenders and other agents named therein, which provides for an unsecured $10.0 billion, five-year revolving credit facility (the Revolving Facility) to us for working capital purposes and for other general corporate purposes.

Subject to certain conditions stated in the Revolving Credit Agreement, we may borrow, prepay and reborrow amounts under the Revolving Facility during the term of the Revolving Credit Agreement. All amounts borrowed under the Revolving Credit Agreement will become due on March 6, 2031, unless the commitments are terminated earlier either at our request or, if an event of default occurs, by the lenders (or automatically in the case of certain bankruptcy-related events). Interest is based on either (a) a Term Secured Overnight Financing Rate (SOFR)-based formula plus a margin of 87.5 basis points to 150.0 basis points, depending on the credit rating assigned to our long-term senior unsecured debt, or (b) a Base Rate formula plus a margin of 0.0 basis point to 50.0 basis points, depending on the same such credit rating, each as set forth in the Revolving Credit Agreement. As of May 31, 2026, we did not have any outstanding borrowings under the Revolving Credit Agreement.

The Revolving Credit Agreement contains certain customary representations and warranties, covenants and events of default, including the requirement that the ratio of “Consolidated EBITDA” to “Consolidated Net Interest Expense” (each term as defined in the Revolving Credit Agreement) of Oracle and its subsidiaries shall not be less than 3.0 to 1.0 at the end of any fiscal quarter during the period that the Revolving Credit Agreement is effective. If an event of default occurs under the Revolving Credit Agreement and is not cured within applicable grace periods or waived, any unpaid amounts under the Revolving Credit Agreement may be declared immediately due and payable and the commitments under the agreement may be terminated.

Term Loan Credit Agreements

During fiscal 2023, pursuant to a term loan credit agreement (Term Loan Credit Agreement) providing for an aggregate term loan commitment of $5.6 billion, we borrowed $4.7 billion under term loan 1 facility (Term Loan 1 Facility) and $960 million under term loan 2 facility (Term Loan 2 Facility and, together with the Term Loan 1 Facility, the Term Loan Facilities).

During fiscal 2025, we terminated our Term Loan Credit Agreement and repaid the principal amount outstanding together with interest accrued up to the date of repayment. Simultaneously, we borrowed up to the maximum commitment amount of $5.6 billion pursuant to a term loan credit agreement (Term Loan Credit Agreement 2) executed on the same date. The critical terms of the Term Loan Credit Agreement 2 are similar to the critical terms of the Term Loan Credit Agreement, except for terms related to the interest, the consolidation of two term loan facilities under Term Loan Credit Agreement into a single facility under the Term Loan Credit Agreement 2 and the options to extend the Term Loan Credit Agreement 2. Interest is based on either (a) a Term SOFR-based formula plus a margin of 112.5 basis points to 162.5 basis points, depending on the credit rating assigned to our long-term senior unsecured debt, or (b) a Base Rate formula plus a margin of 12.5 basis points to 62.5 basis points, depending on the same such credit rating, each as set forth in the Term Loan Credit Agreement 2.

The Term Loan Credit Agreement 2 provides for repayment of borrowing as follows:

•
an amount equal to the amount borrowed reduced by any prepayments multiplied by 1.25% on September 30, 2024 and quarterly thereafter until June 30, 2026;
•
an amount equal to the amount borrowed reduced by any prepayments multiplied by 2.50% on September 30, 2026 and quarterly thereafter until June 30, 2027; and
•
any remaining unpaid principal balance under the Term Loan Credit Agreement 2 will become fully due and payable on August 16, 2027 (subject to any extension of the Term Loan Credit Agreement 2 termination date, as set out below), unless the outstanding loans are prepaid earlier at the request of Oracle or accelerated by the lenders if an event of default occurs.

The termination date of the Term Loan Credit Agreement 2 may be extended at our sole option by up to 2 years. The termination date of the Term Loan Credit Agreement 2 may also be further extended at each lender’s option by up to 2 years.

Commercial Paper Program and Commercial Paper Notes

On March 6, 2026, our commercial paper program was increased to $10.0 billion. Our commercial paper program allows us to issue and sell unsecured short-term promissory notes (Commercial Paper Notes) pursuant to a private placement exemption from the registration requirements under federal and state securities laws pursuant to dealer agreements with various banks and an Issuing and Paying Agency Agreement with Deutsche Bank Trust Company Americas.

There were $1.5 billion and $2.3 billion of outstanding Commercial Paper Notes as of May 31, 2026 and 2025, respectively. We used the net proceeds from the issuance of commercial paper for general corporate purposes.
v3.26.1
RESTRUCTURING AND OTHER EXPENSES
 12 Months Ended
May 31, 2026
Restructuring and Related Activities [Abstract]  
RESTRUCTURING AND OTHER EXPENSES
7.
RESTRUCTURING AND OTHER EXPENSES

Restructuring and other expenses line item on our consolidated statement of operations consist of restructuring expenses for employee severance costs, contract termination costs and certain other exit costs to improve our cost structure prospectively. The restructuring expenses resulted from the execution of management-approved restructuring plans that were developed for certain strategic initiatives and/or to improve operational efficiencies, as further described below; and other operating expenses, net.

 

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Restructuring

 

$

1,779

 

 

$

299

 

 

$

404

 

Other, net

 

 

59

 

 

 

75

 

 

 

314

 

Total restructuring and other expenses

 

$

1,838

 

 

$

374

 

 

$

718

 

Fiscal 2026 Oracle Restructuring Plan

During fiscal 2026, our management approved, committed to, initiated and further supplemented plans to restructure to implement certain strategic measures and further improve operational efficiencies, including through the adoption and integration of AI technologies across certain functions and other operational activities (2026 Restructuring Plan). The total estimated restructuring costs associated with the 2026 Restructuring Plan are up to $2.1 billion and will be recorded to the restructuring and other expense line item within our consolidated statements of operations through the end of the plan. We recorded $1.8 billion of restructuring expenses in connection with the 2026 Restructuring Plan in fiscal 2026. Any changes to the estimates of executing the 2026 Restructuring Plan will be reflected in our future results of operations.

Fiscal 2024 Oracle Restructuring Plan

During fiscal 2024, our management approved, committed to and initiated plans to restructure and further improve efficiencies in our operations due to our acquisitions and certain other operational activities (2024 Restructuring Plan). In fiscal 2025, our management supplemented the 2024 Restructuring Plan to reflect additional actions that we expected to take. Restructuring costs associated with the 2024 Restructuring Plan were recorded to the restructuring and other expense line item within our consolidated statements of operations. We recorded $314 million and $432 million of restructuring expenses in connection with the 2024 Restructuring Plan in fiscal 2025 and 2024, respectively. Actions pursuant to the 2024 Restructuring Plan were substantially complete as of May 31, 2025.

Summary of All Plans

Fiscal 2026 Activity

 

 

 

Accrued

 

 

Year Ended May 31, 2026

 

 

Accrued

 

 

Total
Costs

 

 

Total
Expected

 

(in millions)

 

May 31,
2025(2)

 

 

Initial
Costs(3)

 

 

Adj. to
Cost(4)

 

 

Cash
Payments

 

 

Others(5)

 

 

May 31,
2026(2)

 

 

Accrued
to Date

 

 

Program
Costs

 

Fiscal 2026 Oracle Restructuring Plan(1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cloud and software

 

$

—

 

 

$

601

 

 

$

58

 

 

$

(439

)

 

$

(1

)

 

$

219

 

 

$

659

 

 

$

786

 

Hardware

 

 

—

 

 

 

75

 

 

 

3

 

 

 

(49

)

 

 

—

 

 

 

29

 

 

 

78

 

 

 

83

 

Services

 

 

—

 

 

 

290

 

 

 

17

 

 

 

(157

)

 

 

(1

)

 

 

149

 

 

 

307

 

 

 

399

 

Other

 

 

—

 

 

 

674

 

 

 

86

 

 

 

(591

)

 

 

1

 

 

 

170

 

 

 

760

 

 

 

835

 

Total Fiscal 2026 Oracle Restructuring Plan

 

$

—

 

 

$

1,640

 

 

$

164

 

 

$

(1,236

)

 

$

(1

)

 

$

567

 

 

$

1,804

 

 

$

2,103

 

Total other restructuring plans(6)

 

$

212

 

 

$

—

 

 

$

(25

)

 

$

(105

)

 

$

4

 

 

$

86

 

 

 

 

 

 

 

Total restructuring plans

 

$

212

 

 

$

1,640

 

 

$

139

 

 

$

(1,341

)

 

$

3

 

 

$

653

 

 

 

 

 

 

 

 

Fiscal 2025 Activity

 

 

 

Accrued

 

 

Year Ended May 31, 2025

 

 

Accrued

 

(in millions)

 

May 31,
2024

 

 

Initial
Costs(3)

 

 

Adj. to
Cost(4)

 

 

Cash
Payments

 

 

Others(5)

 

 

May 31,
2025(2)

 

Fiscal 2024 Oracle Restructuring Plan(1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cloud and software

 

$

87

 

 

$

115

 

 

$

(6

)

 

$

(118

)

 

$

1

 

 

$

79

 

Hardware

 

 

4

 

 

 

17

 

 

 

—

 

 

 

(11

)

 

 

—

 

 

 

10

 

Services

 

 

12

 

 

 

37

 

 

 

—

 

 

 

(28

)

 

 

1

 

 

 

22

 

Other

 

 

49

 

 

 

153

 

 

 

(2

)

 

 

(142

)

 

 

2

 

 

 

60

 

Total Fiscal 2024 Oracle Restructuring Plan

 

$

152

 

 

$

322

 

 

$

(8

)

 

$

(299

)

 

$

4

 

 

$

171

 

Total other restructuring plans(6)

 

$

84

 

 

$

—

 

 

$

(15

)

 

$

(29

)

 

$

1

 

 

$

41

 

Total restructuring plans

 

$

236

 

 

$

322

 

 

$

(23

)

 

$

(328

)

 

$

5

 

 

$

212

 

 

Fiscal 2024 Activity

 

 

 

Accrued

 

 

Year Ended May 31, 2024

 

 

Accrued

 

(in millions)

 

May 31,
2023

 

 

Initial
Costs(3)

 

 

Adj. to
Cost(4)

 

 

Cash
Payments

 

 

Others(5)

 

 

May 31,
2024

 

Fiscal 2024 Oracle Restructuring Plan(1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cloud and software

 

$

—

 

 

$

204

 

 

$

(9

)

 

$

(108

)

 

$

—

 

 

$

87

 

Hardware

 

 

—

 

 

 

9

 

 

 

—

 

 

 

(5

)

 

 

—

 

 

 

4

 

Services

 

 

—

 

 

 

46

 

 

 

(1

)

 

 

(33

)

 

 

—

 

 

 

12

 

Other

 

 

—

 

 

 

188

 

 

 

(5

)

 

 

(134

)

 

 

—

 

 

 

49

 

Total Fiscal 2024 Oracle Restructuring Plan

 

$

—

 

 

$

447

 

 

$

(15

)

 

$

(280

)

 

$

—

 

 

$

152

 

Total other restructuring plans(6)

 

$

199

 

 

$

—

 

 

$

(28

)

 

$

(89

)

 

$

2

 

 

$

84

 

Total restructuring plans

 

$

199

 

 

$

447

 

 

$

(43

)

 

$

(369

)

 

$

2

 

 

$

236

 

 

(1)
Restructuring costs recorded to each of the operating segments presented primarily related to employee severance costs. Other restructuring costs represented employee severance costs not related to our operating segments and certain other restructuring plan costs.
(2)
As of May 31, 2026, $581 million and $72 million were recorded in other current liabilities and other non-current liabilities, respectively, within our consolidated balance sheets. As of May 31, 2025, substantially all restructuring liabilities have been recorded in other current liabilities within our consolidated balance sheets.
(3)
Costs recorded for the respective restructuring plans during the period presented.
(4)
All plan adjustments were changes in estimates whereby increases and decreases in costs were generally recorded to operating expenses in the period of adjustments.
(5)
Represents foreign currency translation and certain other non-cash adjustments.
(6)
Other restructuring plans presented in the tables above included condensed information for other Oracle based plans and other plans associated with certain of our acquisitions whereby we continued to make cash outlays to settle obligations under these plans during the periods presented but for which the periodic impact to our consolidated statements of operations was not significant.
v3.26.1
DEFERRED REVENUES
 12 Months Ended
May 31, 2026
Deferred Revenue Disclosure [Abstract]  
DEFERRED REVENUES
8.
DEFERRED REVENUES

Deferred revenues consisted of the following:

 

 

May 31,

 

(in millions)

 

2026

 

 

2025

 

Cloud

 

$

3,228

 

 

$

2,959

 

Software

 

 

5,662

 

 

 

5,350

 

Hardware

 

 

521

 

 

 

614

 

Services

 

 

505

 

 

 

464

 

Deferred revenues, current

 

 

9,916

 

 

 

9,387

 

Deferred revenues, non-current (in other non-current liabilities)

 

 

5,479

 

 

 

1,346

 

Total deferred revenues

 

$

15,395

 

 

$

10,733

 

 

Deferred cloud revenues, deferred software revenues and deferred hardware revenues substantially represent customer payments made in advance for cloud or support contracts that are billed in advance with corresponding revenues generally being recognized ratably or based upon customer usage over the respective contractual periods. Deferred services revenues include prepayments for our services business and revenues for these services are generally recognized as the services are performed.
v3.26.1
LEASES, OTHER COMMITMENTS AND CERTAIN CONTINGENCIES
 12 Months Ended
May 31, 2026
Leases Other Commitments And Certain Contingencies Disclosure [Abstract]  
LEASES, OTHER COMMITMENTS AND CERTAIN CONTINGENCIES
9.
LEASES, OTHER COMMITMENTS AND CERTAIN CONTINGENCIES

Leases

We have operating and finance leases that primarily relate to our data centers and real estate facilities. As of May 31, 2026, our leases substantially have remaining terms of one year to seventeen years, some of which include options to extend and/or terminate the leases.

The components of lease expense were as follows:

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Operating lease cost

 

$

2,794

 

 

$

1,716

 

 

$

1,159

 

Finance lease cost:

 

 

 

 

 

 

 

 

 

Amortization of ROU assets

 

$

351

 

 

$

48

 

 

$

—

 

Interest on lease liabilities

 

 

279

 

 

 

38

 

 

 

—

 

Total finance lease cost

 

$

630

 

 

$

86

 

 

$

—

 

 

Supplemental balance sheet information related to leases was as follows:

 

 

As of May 31,

 

(Dollars in millions)

 

2026

 

 

2025

 

Operating leases:

 

 

 

 

 

 

Operating lease ROU assets

 

$

29,690

 

 

$

13,145

 

Operating lease liabilities:

 

 

 

 

 

 

Operating lease liabilities, current

 

$

3,542

 

 

$

1,914

 

Operating lease liabilities, non-current

 

 

26,648

 

 

 

11,536

 

Total operating lease liabilities

 

$

30,190

 

 

$

13,450

 

Weighted average remaining lease term

 

12 years

 

 

10 years

 

Weighted average discount rate

 

5.7%

 

 

5.3%

 

Finance leases:

 

 

 

 

 

 

Finance lease ROU assets

 

$

7,464

 

 

$

2,874

 

Finance lease liabilities:

 

 

 

 

 

 

Finance lease liabilities, current

 

$

620

 

 

$

257

 

Finance lease liabilities, non-current

 

 

7,081

 

 

 

2,677

 

Total finance lease liabilities

 

$

7,701

 

 

$

2,934

 

Weighted average remaining lease term

 

14 years

 

 

15 years

 

Weighted average discount rate

 

5.7%

 

 

5.5%

 

Supplemental cash flow information related to leases was as follows:

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

 

 

 

Operating leases

 

$

2,548

 

 

$

1,685

 

 

$

1,168

 

Finance leases

 

$

452

 

 

$

27

 

 

$

—

 

ROU assets obtained in exchange for lease obligations:

 

 

 

 

 

 

 

 

 

Operating leases

 

$

18,246

 

 

$

6,970

 

 

$

4,246

 

Finance leases

 

$

4,946

 

 

$

2,921

 

 

$

—

 

Maturities of lease liabilities were as follows as of May 31, 2026 (in millions):

 

 

 

Operating
Leases

 

 

Finance
Leases

 

Fiscal 2027

 

$

3,712

 

 

$

656

 

Fiscal 2028

 

 

3,603

 

 

 

676

 

Fiscal 2029

 

 

3,550

 

 

 

697

 

Fiscal 2030

 

 

3,550

 

 

 

718

 

Fiscal 2031

 

 

3,519

 

 

 

740

 

Thereafter

 

 

23,933

 

 

 

7,973

 

Total lease payments

 

 

41,867

 

 

 

11,460

 

Less: imputed interest

 

 

(11,677

)

 

 

(3,759

)

Total lease liability

 

$

30,190

 

 

$

7,701

 

 

29

As of May 31, 2026, we had $260 billion of additional lease commitments, substantially all related to data center arrangements, that are generally expected to commence between the first quarter of fiscal 2027 and fiscal 2029 and for terms of fifteen to nineteen years that were not reflected on our consolidated balance sheet as of May 31, 2026 or in the maturities table above. These additional lease commitments include a lease for which we have guaranteed up to $3.3 billion of the lessor’s borrowing, which matures in September 2026.

Unconditional Obligations

In the ordinary course of business, we enter into certain unconditional purchase obligations with our suppliers. These are agreements that are enforceable and legally binding and specify terms, including: fixed or minimum quantities to be purchased; fixed, minimum or variable price provisions; and the approximate timing of the payment.

As of May 31, 2026, our unconditional purchase and certain other obligations, which were primarily related to data center power arrangements, were as follows (in millions):

 

Fiscal 2027

 

$

1,841

 

Fiscal 2028

 

 

1,034

 

Fiscal 2029

 

 

1,053

 

Fiscal 2030

 

 

952

 

Fiscal 2031

 

 

896

 

Thereafter

 

 

7,533

 

Total

 

$

13,309

 

 

As described in Note 6 above, as of May 31, 2026 we have senior notes and other borrowings that mature at various future dates and derivative financial instruments outstanding that we leverage to manage certain risks and exposures.

Subsequent to May 31, 2026, we entered into an additional $19 billion of unconditional purchase commitments for cloud infrastructure assets that commence in fiscal 2027 and have a term of five years.

Guarantees

Our cloud, software and hardware sales agreements generally include certain provisions for indemnifying customers against liabilities if our products infringe a third party’s intellectual property rights. To date, we have not incurred any material costs as a result of such indemnifications and have not accrued any material liabilities related to such obligations in our consolidated financial statements. Certain of our sales agreements also include provisions indemnifying customers against liabilities in the event we breach confidentiality or service level requirements. It is not possible to determine the maximum potential amount under these indemnification agreements due to our limited and infrequent history of prior indemnification claims and the unique facts and circumstances involved in each particular agreement.
v3.26.1
STOCKHOLDERS' EQUITY
 12 Months Ended
May 31, 2026
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS' EQUITY
10.
STOCKHOLDERS’ EQUITY

Mandatory Convertible Preferred Stock

On February 5, 2026, we issued 100,000,000 depositary shares, representing 50,000 shares of our 6.50% Series D Mandatory Convertible Preferred Stock (Mandatory Convertible Preferred Stock). The Mandatory Convertible Preferred Stock has a $100,000 per share liquidation preference and $0.01 per share par value. The proceeds from the issuance of Mandatory Convertible Preferred Stock will be used for general corporate purposes, which may include capital expenditures, repayment of indebtedness, future investments or acquisitions and payment of cash dividends on or repurchases of our common stock.

Dividends are cumulative at an annual rate of 6.50% on the liquidation preference of $100,000 per share of Mandatory Convertible Preferred Stock and may be paid in cash, shares of our common stock or a combination of cash and shares of our common stock. Dividends that are declared will be payable on January 15, April 15, July 15

and October 15 to holders of record on January 1, April 1, July 1 and October 1 immediately preceding the relevant dividend payment date.

Unless earlier converted, each outstanding share of Mandatory Convertible Preferred Stock will automatically convert on the mandatory conversion date, which is January 15, 2029, into between 499.8126 and 624.7657 shares of our common stock, depending on the applicable market value of our common stock upon conversion and subject to certain anti-dilution adjustments. The applicable market value of our common stock will be determined based on the volume-weighted average price per share of the common stock over the 20 consecutive trading day period beginning on, and including, the 21st scheduled trading day immediately prior to January 15, 2029.

If a fundamental change occurs on or prior to January 15, 2029, then holders of Mandatory Convertible Preferred Stock will be entitled to convert all or any portion of their shares into shares of our common stock. In that case, the Mandatory Convertible Preferred Stock will convert at the fundamental change conversion rate for a specified period of time and holders will receive a make-whole dividend amount to compensate them for any unpaid accumulated dividends and any remaining future scheduled dividend payments.

Other than during a fundamental change conversion period, at any time prior to January 15, 2029, holders of Mandatory Convertible Preferred Stock may elect to convert all or any portion of their shares at a conversion rate of 499.8126 shares of common stock per share of Mandatory Convertible Preferred Stock, subject to certain anti-dilution and other adjustments.

The Mandatory Convertible Preferred Stock will not be redeemable at our election before the mandatory conversion date. The holders of the Mandatory Convertible Preferred Stock will not have any voting rights, with limited exceptions.

Common Stock

On February 2, 2026, we entered into an equity distribution agreement with ‎certain sales agents party thereto, pursuant to which we may sell shares of our common stock having aggregate sales proceeds of up to $20 billion from time to time through an “at-the-market” offering program (the ATM Program).

Subject to the terms and conditions of the agreement, we may sell shares of common stock through the sales agents listed in the agreement in amounts and at times to be determined by us. In addition, we may elect to sell, through the sales agents or through others (whether acting as agent or principal), shares of our common stock for forward settlement. We are not obligated to sell any of the shares of our common stock under the ATM Program. The proceeds from offerings under the ATM Program, if any, will be used for general corporate purposes, which may include capital expenditures, repayment of indebtedness, future investments or acquisitions and payment of cash dividends on or repurchases of our common stock. As of May 31, 2026, we have not sold any shares of our common stock under the ATM Program.

Common Stock Repurchases

Our Board of Directors (the Board) has approved a program for us to repurchase shares of our common stock. As of May 31, 2026, approximately $6.3 billion remained available for stock repurchases pursuant to our stock repurchase program. We repurchased 0.4 million shares for $93 million, 3.9 million shares for $600 million and 10.6 million shares for $1.2 billion in fiscal 2026, 2025 and 2024, respectively, under the stock repurchase program.

Our stock repurchase authorization does not have an expiration date and the pace of any future repurchase activity will depend on factors such as our working capital needs, our cash requirements for capital expenditures, acquisitions and dividend payments, our debt repayment obligations or repurchases of our debt, our stock price and economic and market conditions. Our stock repurchases may be effected from time to time through open market purchases or pursuant to a Rule 10b5-1 trading plan. Our stock repurchase program may be accelerated, suspended, delayed or discontinued at any time.

Dividends on Preferred and Common Stock

During fiscal 2026, the Board declared cash dividends of $1,263.89 per share of our outstanding Mandatory Convertible Preferred Stock which we paid during the same period. During fiscal 2026, 2025 and 2024, the Board declared cash dividends of $2.00, $1.70 and $1.60 per share of our outstanding common stock, respectively, which we paid during the same period.

In June 2026, the Board declared a quarterly cash dividend of $1,625 per share of our outstanding Mandatory Convertible Preferred Stock and $0.50 per share of our outstanding common stock. The Mandatory Convertible Preferred Stock dividend is payable on July 15, 2026 to stockholders of record as of the close of business on July 1, 2026 and the common stock dividend is payable on July 24, 2026 to stockholders of record as of the close of business on July 10, 2026. Future declarations of dividends on Oracle securities and the establishment of future record and payment dates for our common stock are subject to the final determination of the Board.

Accumulated Other Comprehensive Loss

The following table summarizes, as of each balance sheet date, the components of our AOCL, net of income taxes:

 

 

 

May 31,

 

(in millions)

 

2026

 

 

2025

 

Foreign currency translation losses

 

$

(1,566

)

 

$

(1,334

)

Unrealized gains on defined benefit plans, net

 

 

150

 

 

 

105

 

Unrealized gains on cash flow hedges, net

 

 

36

 

 

 

54

 

Total accumulated other comprehensive loss

 

$

(1,380

)

 

$

(1,175

)
v3.26.1
EMPLOYEE BENEFIT PLANS
 12 Months Ended
May 31, 2026
Compensation Related Costs [Abstract]  
EMPLOYEE BENEFIT PLANS
11.
EMPLOYEE BENEFIT PLANS

Stock-Based Compensation Plans

Stock Plans

In fiscal 2021, we adopted the 2020 Equity Incentive Plan, which provides for the issuance of long-term performance awards, including restricted stock-based awards, non-qualified stock options and incentive stock options, as well as stock purchase rights and stock appreciation rights, to our eligible employees, officers and directors who are also employees or consultants, independent consultants and advisers. In fiscal 2022 and 2024, our stockholders, upon the recommendation of the Board, approved the adoption of the Amended and Restated 2020 Equity Incentive Plan (as amended and restated, the 2020 Plan), which increased the number of authorized shares of stock that may be issued under the 2020 Plan by 300 million shares and 350 million shares, respectively. Approximately 348 million shares of common stock were available for future awards under the 2020 Plan as of May 31, 2026. Under the 2020 Plan, for each share granted as a full value award in the form of an RSU, an equivalent of 2.5 shares is deducted from our pool of shares available for grant.

As of May 31, 2026, the 2020 Plan had 77 million unvested restricted stock units (RSUs) outstanding, 3 million PSOs outstanding of which 1 million shares were vested and service-based stock options (SOs) to purchase 17 million shares of common stock outstanding of which 4 million shares were vested. To date, we have not issued any stock purchase rights or stock appreciation rights under the 2020 Plan.

The vesting schedule for all awards granted under the 2020 Plan is established by the Compensation Committee of the Board (the Compensation Committee). RSUs generally require service-based vesting over four years. The SOs were granted with an exercise price not less than the closing share price of our common stock on the grant date, generally become exercisable over four years of service, and generally expire ten years from the date of grant. The PSOs were granted with an exercise price not less than the closing share price of our common stock on the grant date and expire ten years from the date of grant.

The 1993 Directors’ Stock Plan (the Directors’ Plan) provides for the issuance of RSUs and other stock-based awards, including non-qualified SOs, to non-employee directors. The Directors’ Plan has been amended and restated from time to time. Under the terms of the Directors’ Plan, 10 million shares of common stock are reserved for issuance

(including a fiscal 2013 amendment to increase the number of shares of our common stock reserved for issuance by 2 million shares). Currently, we only grant RSUs that vest fully on the one-year anniversary of the date of grant. In fiscal 2016, the Directors’ Plan was amended to permit the Compensation Committee to determine the amount and form of automatic grants of stock awards, if any, to each non-employee director upon first becoming a director and thereafter on an annual basis, as well as automatic grants for chairing certain Board committees, subject to certain stockholder approved limitations set forth in the Directors’ Plan. In fiscal 2020, the Compensation Committee reduced the maximum value of the annual automatic RSU grants to each non-employee director to $350,000 and eliminated all equity grants for chairing Board committees. As of May 31, 2026, approximately 13,000 unvested RSUs were outstanding under the Directors’ Plan. As of May 31, 2026, approximately 1 million shares were available for future stock awards under this plan.

The following table summarizes restricted stock-based award activity granted pursuant to Oracle-based stock plans for our last three fiscal years ended May 31, 2026:

 

 

Restricted Stock-Based Awards Outstanding

 

(in millions, except fair value)

 

Number of
Shares

 

 

Weighted-Average
Grant Date Fair Value

 

Balance, May 31, 2023

 

 

152

 

 

$

69.09

 

Granted

 

 

47

 

 

$

110.26

 

Vested and issued

 

 

(53

)

 

$

66.97

 

Canceled

 

 

(8

)

 

$

77.52

 

Balance, May 31, 2024

 

 

138

 

 

$

83.43

 

Granted

 

 

38

 

 

$

159.11

 

Vested and issued

 

 

(52

)

 

$

78.30

 

Canceled

 

 

(7

)

 

$

99.44

 

Balance, May 31, 2025

 

 

117

 

 

$

108.91

 

Granted

 

 

23

 

 

$

243.23

 

Vested and issued

 

 

(47

)

 

$

98.06

 

Canceled

 

 

(12

)

 

$

132.82

 

Balance, May 31, 2026

 

 

81

 

 

$

149.88

 

 

The total grant date fair values of restricted stock-based awards that were vested and issued in fiscal 2026, 2025 and 2024 were $4.7 billion, $4.0 billion and $3.5 billion, respectively. As of May 31, 2026, total unrecognized stock-based compensation expense related to non-vested restricted stock-based awards was $8.9 billion and is expected to be recognized over the remaining weighted-average vesting period of 2.72 years.

The following table summarizes stock option activity, including SOs and PSOs, and includes awards granted pursuant to the 2020 Plan and stock plans assumed from our acquisitions for our last three fiscal years ended May 31, 2026:

 

 

Options Outstanding

 

(in millions, except exercise price)

 

Shares Under
Stock Option

 

 

Weighted-Average
Exercise Price

 

Balance, May 31, 2023

 

 

64

 

 

$

45.42

 

Granted and assumed

 

 

2

 

 

$

113.91

 

Exercised

 

 

(15

)

 

$

34.84

 

Balance, May 31, 2024

 

 

51

 

 

$

51.05

 

Granted

 

 

—

 

 

$

—

 

Exercised

 

 

(10

)

 

$

44.84

 

Balance, May 31, 2025

 

 

41

 

 

$

52.58

 

Granted

 

 

15

 

 

$

279.53

 

Exercised

 

 

(25

)

 

$

50.04

 

Canceled

 

 

(10

)

 

$

60.51

 

Balance, May 31, 2026

 

 

21

 

 

$

217.63

 

 

Stock options outstanding that have vested and that are expected to vest as of May 31, 2026 were as follows:

 

 

Outstanding
Stock Options
(in millions)

 

 

Weighted-Average
Exercise Price

 

 

Weighted-Average
Remaining Contract Term
(in years)

 

 

Aggregate
Intrinsic Value(1) 
(in millions)

 

Vested

 

 

5

 

 

$

49.37

 

 

 

1.64

 

 

$

789

 

Expected to vest(2)

 

 

15

 

 

$

275.90

 

 

 

9.35

 

 

 

95

 

Total

 

 

20

 

 

$

223.97

 

 

 

7.58

 

 

$

884

 

 

(1)
The aggregate intrinsic value was calculated based on the gross difference between our closing stock price on the last trading day of fiscal 2026 of $225.78 and the exercise prices for all “in-the-money” options outstanding, excluding tax effects.
(2)
The unrecognized compensation expense calculated under the fair value method for shares expected to vest as of May 31, 2026 was $1.8 billion and is expected to be recognized over a weighted-average period of 3.30 years. Approximately 1 million shares outstanding as of May 31, 2026 were not expected to vest.

Stock-Based Compensation Expense and Valuations of Stock-Based Awards

We estimated the fair values of our restricted stock-based awards that are solely subject to service-based vesting requirements based upon their market values as of the grant dates, discounted for the present values of expected dividends.

We estimated the fair values of our SOs and PSOs using the Black-Scholes-Merton option-pricing model, which was developed for use in estimating the fair values of SOs. Option valuation models, including the Black-Scholes-Merton option-pricing model, require the input of assumptions, including stock price volatility. Changes in the input assumptions can affect the fair value estimates and ultimately how much we recognize as stock-based compensation expense. The fair values of our SOs and PSOs were estimated at the grant dates. The weighted-average input assumptions used and resulting fair values of our SOs and PSOs were as follows for fiscal 2026:

 

Expected life (in years)

 

 

6.7

 

Risk-free interest rate

 

3.8%

 

Volatility

 

51%

 

Dividend yield

 

0.7%

 

Weighted-average fair value per share

 

$

142.64

 

The expected life input is based on historical exercise patterns and post-vesting termination behavior, the risk-free interest rate input is based on U.S. Treasury instruments, the annualized dividend yield input is based on the per share dividend declared by the Board and the volatility input is calculated based on the implied volatility of our publicly traded options.

Stock-based compensation expense was included in the following operating expense line items in our consolidated statements of operations:

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Cloud and software

 

$

622

 

 

$

609

 

 

$

525

 

Hardware

 

 

27

 

 

 

29

 

 

 

23

 

Services

 

 

210

 

 

 

202

 

 

 

167

 

Sales and marketing

 

 

759

 

 

 

757

 

 

 

667

 

Research and development

 

 

2,805

 

 

 

2,638

 

 

 

2,225

 

General and administrative

 

 

388

 

 

 

439

 

 

 

367

 

Total stock-based compensation

 

$

4,811

 

 

$

4,674

 

 

$

3,974

 

Estimated income tax benefit included in provision for income taxes

 

 

(1,100

)

 

 

(1,050

)

 

 

(913

)

Total stock-based compensation, net of estimated income tax benefit

 

$

3,711

 

 

$

3,624

 

 

$

3,061

 

 

Tax Benefits from Exercises of Stock Options and Vesting of Restricted Stock-Based Awards

Total cash received as a result of stock option exercises was approximately $1.2 billion, $448 million and $545 million for fiscal 2026, 2025 and 2024, respectively. The total aggregate intrinsic value of restricted stock-based awards that vested and were issued and stock options that were exercised was $17.0 billion, $9.0 billion and $7.4 billion for fiscal 2026, 2025 and 2024. In connection with the vesting and issuance of restricted stock-based awards and stock options that were exercised, the tax benefits realized by us were $4.0 billion, $2.1 billion and $1.7 billion for fiscal 2026, 2025 and 2024, respectively.

Employee Stock Purchase Plan

We have an Employee Stock Purchase Plan (Purchase Plan) that allows employees to purchase shares of common stock at a price per share that is 95% of the fair market value of Oracle stock as of the end of the semi-annual option period. As of May 31, 2026, 33 million shares were reserved for future issuances under the Purchase Plan. We issued approximately 1 million shares in each of fiscal 2026 and 2025 and 2 million shares in fiscal 2024 under the Purchase Plan.

Defined Contribution and Other Postretirement Plans

We offer various defined contribution plans for our U.S. and non-U.S. employees. Total defined contribution plan expense was $478 million, $485 million and $468 million for fiscal 2026, 2025 and 2024, respectively. In the U.S., regular employees can participate in the Oracle Corporation 401(k) Savings and Investment Plan (Oracle 401(k) Plan). Participants can generally contribute up to 40% of their eligible compensation on a per-pay-period basis as defined by the Oracle 401(k) Plan document or by the section 402(g) limit as defined by the U.S. Internal Revenue Service (IRS). We match a portion of employee contributions, currently 50% up to 6% of compensation each pay period, subject to maximum aggregate matching amounts. Our contributions to the Oracle 401(k) Plan, net of forfeitures, were $194 million, $206 million and $200 million in fiscal 2026, 2025 and 2024, respectively.

We also offer non-qualified deferred compensation plans to certain employees whereby they may defer a portion of their annual base and/or variable compensation until retirement or a date specified by the employee in accordance with the plans. Deferred compensation plan assets and liabilities were each approximately $1.4 billion and approximately $1.1 billion as of May 31, 2026 and 2025, respectively, and were presented in other non-current assets and other non-current liabilities in the accompanying consolidated balance sheets.

We sponsor certain defined benefit pension plans that are offered primarily by certain of our foreign subsidiaries. Many of these plans were assumed through our acquisitions or are required by local regulatory requirements. We may deposit funds for these plans with insurance companies, third-party trustees, or into government-managed accounts consistent with local regulatory requirements, as applicable. Our total defined benefit plan pension expenses were $73 million, $69 million and $71 million for fiscal 2026, 2025 and 2024, respectively. The aggregate projected benefit obligation and aggregate net liability (funded status, which is substantially included in other non-current liabilities in our consolidated balance sheets) of our defined benefit plans as of May 31, 2026 were $1.1 billion and $256 million, respectively, and as of May 31, 2025 were $1.1 billion and $350 million, respectively.
v3.26.1
INCOME TAXES
 12 Months Ended
May 31, 2026
Income Tax Disclosure [Abstract]  
INCOME TAXES
12.
INCOME TAXES

Our effective tax rates for each of the periods presented are the result of the mix of income earned and losses incurred in various tax jurisdictions that apply a broad range of income tax rates. Our provision for income taxes varied from the tax computed at the U.S. federal statutory income tax rate for fiscal 2026, 2025 and 2024 primarily due to earnings in foreign operations, state taxes, the U.S. research and development tax credit, settlements with tax authorities, the tax effects of stock-based compensation, the Foreign Derived Intangible Income deduction and the tax effect of Global Intangible Low-Taxed Income (GILTI).

The following is a geographical breakdown of income before income taxes:

 

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Domestic

 

$

8,693

 

 

$

4,376

 

 

$

3,023

 

Foreign

 

 

10,861

 

 

 

9,784

 

 

 

8,718

 

Income before income taxes

 

$

19,554

 

 

$

14,160

 

 

$

11,741

 

 

The provision for income taxes consisted of the following:

 

 

 

Year Ended May 31,

 

(Dollars in millions)

 

2026

 

 

2025

 

 

2024

 

Current provision:

 

 

 

 

 

 

 

 

 

Federal

 

$

1,072

 

 

$

1,172

 

 

$

999

 

State

 

 

307

 

 

 

196

 

 

 

420

 

Foreign

 

 

2,005

 

 

 

1,986

 

 

 

1,994

 

Total current provision

 

$

3,384

 

 

$

3,354

 

 

$

3,413

 

Deferred benefit:

 

 

 

 

 

 

 

 

 

Federal

 

$

(1,783

)

 

$

(2,208

)

 

$

(2,020

)

State

 

 

(152

)

 

 

(202

)

 

 

(280

)

Foreign

 

 

1,018

 

 

 

773

 

 

 

161

 

Total deferred benefit

 

$

(917

)

 

$

(1,637

)

 

$

(2,139

)

Total provision for income taxes

 

$

2,467

 

 

$

1,717

 

 

$

1,274

 

Effective income tax rate

 

12.6%

 

 

12.1%

 

 

10.9%

 

 

In fiscal year ended May 31, 2026, we adopted ASU 2023-09 prospectively. The following table reconciles the provision for income taxes to the amount computed by applying the statutory U.S. federal income tax rate to income before income taxes for the year ended May 31, 2026:

 

(Dollars in millions)

 

Amount

 

 

Percent

U.S. federal statutory income tax rate

 

$

4,106

 

 

21.0%

Foreign tax effects

 

 

(77

)

 

-0.4%

Switzerland

 

 

 

 

 

Statutory tax rate difference between Switzerland and U.S.

 

 

(377

)

 

-1.9%

Other

 

 

21

 

 

0.1%

Malta

 

 

 

 

 

Statutory tax rate difference between Malta and U.S.

 

 

255

 

 

1.3%

Equity allowance

 

 

(546

)

 

-2.8%

Other

 

 

(78

)

 

-0.4%

Bermuda

 

 

 

 

 

Statutory tax rate difference between Bermuda and U.S.

 

 

(105

)

 

-0.5%

Income exclusion

 

 

(263

)

 

-1.4%

Other foreign jurisdictions

 

 

1,016

 

 

5.2%

Effect of changes in tax laws or rates enacted in the current period(1)

 

 

933

 

 

4.8%

Tax credits

 

 

(1,587

)

 

-8.1%

Federal research and development credit

 

 

(621

)

 

-3.2%

Foreign tax credits

 

 

(965

)

 

-4.9%

Other

 

 

(1

)

 

0.0%

Nontaxable or nondeductible items

 

 

(1,970

)

 

-10.1%

Stock-based compensation

 

 

(2,062

)

 

-10.6%

Other

 

 

92

 

 

0.5%

Changes in unrecognized tax benefits

 

 

847

 

 

4.3%

Other adjustments(2)

 

 

215

 

 

1.1%

Effective income tax rate

 

$

2,467

 

 

12.6%

(1)
Primarily related to the tax effects of enactment of the U.S. One, Big, Beautiful Bill Act.
(2)
Includes the tax effects of changes in valuation allowances, effect of cross-border tax laws and state taxes, net of federal benefit. California, Virginia and Missouri represent the majority of the state taxes net of federal benefit.

The following table reconciles the provision for income taxes to the amount computed by applying the statutory U.S. federal income tax rate to income before income taxes for the year ended May 31, 2025 and 2024:

 

 

 

Year Ended May 31,

 

(Dollars in millions)

 

2025

 

 

2024

 

U.S. federal statutory income tax rate

 

21.0%

 

 

21.0%

 

Tax provision at statutory rate

 

$

2,974

 

 

$

2,466

 

Foreign earnings at other than U.S. rates

 

 

(381

)

 

 

(262

)

State tax expense, net of federal benefit

 

 

128

 

 

 

81

 

Settlements and releases from judicial decisions and statute expirations, net

 

 

(149

)

 

 

(124

)

Tax contingency interest accrual, net

 

 

322

 

 

 

157

 

Domestic tax contingency, net

 

 

75

 

 

 

131

 

Federal research and development credit

 

 

(411

)

 

 

(372

)

Stock-based compensation

 

 

(801

)

 

 

(624

)

Realization of a one-time tax attribute

 

 

—

 

 

 

(235

)

Other, net

 

 

(40

)

 

 

56

 

Total provision for income taxes

 

$

1,717

 

 

$

1,274

 

 

Cash paid for income taxes, net of refunds received, by jurisdiction pursuant to the disclosure requirements of ASU 2023-09 for the year ended May 31, 2026 was as follows (in millions):

 

Federal

 

$

2,460

 

State(1)

 

 

249

 

Foreign

 

 

 

Korea

 

 

(262

)

Japan

 

 

203

 

India

 

 

193

 

Other

 

 

861

 

Total cash paid for income taxes, net of refunds received

 

$

3,704

 

(1)
No individual state accounted for more than 5%.

The components of our deferred tax assets and liabilities were as follows:

 

 

 

May 31,

 

(in millions)

 

2026

 

 

2025

 

Deferred tax assets:

 

 

 

 

 

 

Accruals and allowances

 

$

1,195

 

 

$

790

 

Employee compensation and benefits

 

 

1,006

 

 

 

1,068

 

Differences in timing of revenue recognition

 

 

970

 

 

 

894

 

Lease liabilities

 

 

9,333

 

 

 

3,279

 

Basis of property, plant and equipment and intangible assets

 

 

6,882

 

 

 

7,800

 

Capitalized research and development

 

 

5,784

 

 

 

4,153

 

Tax credit and net operating loss carryforwards

 

 

6,602

 

 

 

5,857

 

Total deferred tax assets

 

 

31,772

 

 

 

23,841

 

Valuation allowance

 

 

(2,483

)

 

 

(1,962

)

Total deferred tax assets, net

 

 

29,289

 

 

 

21,879

 

Deferred tax liabilities:

 

 

 

 

 

 

Acquired intangible assets

 

 

(544

)

 

 

(920

)

GILTI deferred

 

 

(6,852

)

 

 

(6,949

)

ROU assets

 

 

(9,181

)

 

 

(3,207

)

Withholding taxes on foreign earnings

 

 

(424

)

 

 

(364

)

Other

 

 

(1,069

)

 

 

(191

)

Total deferred tax liabilities

 

 

(18,070

)

 

 

(11,631

)

Net deferred tax assets

 

$

11,219

 

 

$

10,248

 

Recorded as:

 

 

 

 

 

 

Non-current deferred tax assets

 

$

11,541

 

 

$

11,877

 

Non-current deferred tax liabilities

 

 

(322

)

 

 

(1,629

)

Net deferred tax assets

 

$

11,219

 

 

$

10,248

 

 

At May 31, 2026, we had an estimated deferred tax liability of approximately $2.0 billion for which U.S. income taxes have not been provided on undistributed earnings and other outside basis differences of investments in foreign subsidiaries.

Our net deferred tax assets were $11.2 billion and $10.2 billion as of May 31, 2026 and 2025, respectively. We believe that it is more likely than not that the net deferred tax assets will be realized in the foreseeable future. Realization of our net deferred tax assets is dependent upon our generation of sufficient taxable income in future years in appropriate tax jurisdictions to obtain benefit from the reversal of temporary differences, net operating loss carryforwards and tax credit carryforwards. The amount of net deferred tax assets considered realizable is subject to adjustment in future periods if estimates of future taxable income change.

The valuation allowance was $2.5 billion and $2.0 billion as of May 31, 2026 and 2025, respectively, primarily related to U.S., state and foreign tax credits and net operating loss carryforwards. Any subsequent reduction of the valuation allowance will be recorded to our provision for income taxes unless the conclusion of an acquisition valuation allowance and the recognition of the associated tax benefits is within the measurement period (as defined above).

At May 31, 2026, we had federal net operating loss carryforwards of approximately $374 million, which are subject to limitation on their utilization. Approximately $140 million of these federal net operating losses expire in various years between fiscal 2027 and fiscal 2038. Approximately $234 million of these federal net operating losses are not currently subject to expiration dates. We had state net operating loss carryforwards of approximately $2.7 billion at May 31, 2026, which are subject to limitations on their utilization. Approximately $2.4 billion of these state net operating losses expire in various years between fiscal 2027 and fiscal 2046. Approximately $275 million of these state net operating losses are not currently subject to expiration dates. We had total foreign net operating loss carryforwards of approximately $2.0 billion at May 31, 2026, which are subject to limitations on their utilization. Approximately $1.9 billion of these foreign net operating losses are not currently subject to expiration dates. The remainder of the foreign net operating losses, approximately $79 million, expire between fiscal 2027 and fiscal 2046. We had foreign capital loss carryforwards of approximately $260 million, which are not currently subject to expiration dates. We had tax credit carryforwards of approximately $1.5 billion at May 31, 2026, which are subject to limitations on their utilization. Approximately $939 million of these tax credit carryforwards are not currently subject to expiration dates. The remainder of the tax credit carryforwards, approximately $518 million, expire in various years between fiscal 2027 and fiscal 2046.

Current income taxes payable are included in other current liabilities in our consolidated balance sheets and totaled $583 million and $2.3 billion as of May 31, 2026 and 2025, respectively.

We classify our unrecognized tax benefits as either current or non-current income taxes payable in the accompanying consolidated balance sheets. The aggregate changes in the balance of our gross unrecognized tax benefits, including acquisitions, were as follows:

 

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Gross unrecognized tax benefits as of June 1

 

$

9,438

 

 

$

8,785

 

 

$

7,715

 

Increases related to tax positions from prior fiscal years

 

 

192

 

 

 

239

 

 

 

492

 

Decreases related to tax positions from prior fiscal years

 

 

(70

)

 

 

(98

)

 

 

(128

)

Increases related to tax positions taken during current fiscal year

 

 

931

 

 

 

846

 

 

 

889

 

Settlements with tax authorities

 

 

(171

)

 

 

(161

)

 

 

(46

)

Lapses of statutes of limitation

 

 

(216

)

 

 

(162

)

 

 

(129

)

Cumulative translation adjustments and other, net

 

 

22

 

 

 

(11

)

 

 

(8

)

Total gross unrecognized tax benefits as of May 31

 

$

10,126

 

 

$

9,438

 

 

$

8,785

 

 

As of May 31, 2026, 2025 and 2024, $4.9 billion, $4.5 billion and $4.2 billion, respectively, of unrecognized tax benefits would affect our effective tax rate if recognized. We recognized interest and penalties related to uncertain tax positions in our provision for income taxes line of our consolidated statements of operations of $594 million, $321 million and $199 million during fiscal 2026, 2025 and 2024, respectively. Interest and penalties accrued as of May 31, 2026 and 2025 were $2.7 billion and $2.1 billion, respectively.

Domestically, U.S. federal and state taxing authorities are currently examining income tax returns of Oracle and various acquired entities for years through fiscal 2024. Many issues are at an advanced stage in the examination process, the most significant of which include issues related to transfer pricing, domestic production activity, one-time transition tax, foreign tax credits and research and development credits. Our U.S. federal income tax returns have been examined for all years prior to fiscal 2013 and, with some exceptions, we are no longer subject to audit for those periods. Our U.S. state income tax returns, with some exceptions, have been examined for all years prior to fiscal 2010, and we are no longer subject to audit for those periods.

Internationally, tax authorities for numerous non-U.S. jurisdictions are also examining or have examined returns of Oracle and various acquired entities for years through fiscal 2024. Many of the relevant tax years are at an advanced stage in examination or subsequent controversy resolution processes, the most significant of which include issues

related to transfer pricing and withholding tax. With some exceptions, we are generally no longer subject to tax examinations in non-U.S. jurisdictions for years prior to fiscal 2001.

We are under audit by the IRS and various other domestic and foreign tax authorities with regards to income tax and indirect tax matters and are involved in various challenges and litigation in a number of countries, including, in particular, Australia, Brazil, Canada, Egypt, India, Indonesia, Ireland, Israel, Pakistan, Saudi Arabia, South Korea and Spain, where the amounts under controversy are significant. In some, although not all, cases, we have reserved for potential adjustments to our provision for income taxes and accrual of indirect taxes that may result from examinations by, or any negotiated agreements with, these tax authorities or final outcomes in judicial proceedings and we believe that the final outcome of these examinations, agreements or judicial proceedings will not have a material effect on our results of operations. If events occur which indicate payment of these amounts is unnecessary, the reversal of the liabilities would result in the recognition of benefits in the period we determine the liabilities are no longer necessary. If our estimates of the federal, state and foreign income tax liabilities and indirect tax liabilities are less than the ultimate assessment, it could result in a further charge to expense.

We believe that we have adequately provided under GAAP for outcomes related to our tax audits. However, there can be no assurances as to the possible outcomes or any related financial statement effect thereof.

Pursuant to the U.S. One, Big, Beautiful Bill Act that was signed into law on July 4, 2025, we recorded a net tax expense of $933 million during fiscal 2026, primarily related to the remeasurement of a deferred tax liability previously recorded during fiscal 2021 as part of the partial realignment of our legal entity structure.
v3.26.1
SEGMENT INFORMATION
 12 Months Ended
May 31, 2026
Segment Reporting [Abstract]  
SEGMENT INFORMATION
13.
SEGMENT INFORMATION

ASC 280, Segment Reporting, establishes standards for reporting information about operating segments. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision-making group, in deciding how to allocate resources and in assessing performance. Our chief operating decision makers (CODMs) are our Chief Executive Officers and Chief Technology Officer. We are organized by line of business and geographically. While our CODMs evaluate results in a number of different ways, the line of business management structure is the primary basis for which the allocation of resources and financial results are assessed.

We have three businesses—cloud and software (formerly referred to as cloud and license), hardware and services—each of which is comprised of a single operating segment. The tabular information below presents financial information, including information on segment revenues, significant segment expenses categories and amounts on a segment basis and included within each reported measure of a segment’s profit or loss, that is regularly provided to our CODMs for their review and assists our CODMs with evaluating the company’s performance and allocating company resources.

Our cloud and software business engages in the sale, marketing and delivery of our enterprise applications and infrastructure technologies through cloud and on-premise deployment models, including our cloud offerings and our software offerings. Cloud revenues are generated from applications and infrastructure offerings that are typically contracted with customers directly, delivered to customers over time with our revenue recognition occurring over the contractual terms and renewed by customers upon completion of the contractual terms. Our cloud contracts provide customers with access to the latest technological updates as they become available and for which the customer contracted together with related technical support services over the contractual term. Software revenues represent:

(1)
fees earned from granting customers software licenses, generally on a perpetual basis, to use our database and middleware and our applications software products within cloud and on-premise information technology (IT) environments. We generally recognize revenues at the point in time the software is made available to the customer to download and use, which typically is immediate upon signature of the license contract; and
(2)
software support revenues, which are typically contracted with customers directly, billed to customers in advance, delivered to customers over time with our revenue recognition occurring over the contractual terms and renewed by customers upon completion of the contractual terms.

Software support contracts provide customers with technical support services and unspecified license upgrades and enhancements during the term of the support period. In each fiscal year, our cloud and software business’ contractual activities, excluding the impact of timing of booking of large contracts, are typically highest in our fourth fiscal quarter, and the related cash flows are typically highest in the following quarter (i.e., in the first fiscal quarter of the next fiscal year) as we receive payments from these contracts. Costs associated with our cloud and software business are largely infrastructure- and personnel-related, including the cost of providing our cloud and software offerings, salaries and commissions earned by our sales force for the sale of our cloud and software offerings and marketing program costs.

Our hardware business provides infrastructure technologies including Oracle Engineered Systems, servers, storage, industry-specific hardware, operating systems, virtualization, management and other hardware-related software to support diverse IT environments. Our hardware business also offers hardware support, which provides customers with software updates for the software components that are essential to the functionality of their hardware products and can also include product repairs, maintenance services and technical support services that are typically delivered and recognized ratably over the contractual term. Costs associated with our hardware business include the cost of hardware products, which consists of expenses for materials and labor used to produce these products by our internal manufacturing operations or by third-party manufacturers; the cost of materials used to repair customer products with eligible support contracts; the cost of labor and infrastructure to provide support services; and sales and marketing expenses, which are largely personnel-related and include variable compensation earned by our sales force for the sales of our hardware offerings.

Our services business provides services to customers and partners to help maximize the performance of their investments in Oracle applications and infrastructure technologies and include our consulting services and customer success services offerings. Costs associated with our services business consist primarily of personnel-related expenses, technology infrastructure expenditures, facilities expenses and external contractor expenses.

We do not track our assets for each business. Consequently, it is not practical to show assets by operating segment.

The following table presents summary results for each of our three businesses for each of fiscal 2026, 2025 and 2024:

 

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Cloud and software:

 

 

 

 

 

 

 

 

 

Revenues

 

$

58,530

 

 

$

49,230

 

 

$

44,464

 

Cloud and software expenses

 

 

16,850

 

 

 

10,827

 

 

 

8,783

 

Sales and marketing expenses

 

 

7,212

 

 

 

7,473

 

 

 

7,167

 

Margin(1)

 

$

34,468

 

 

$

30,930

 

 

$

28,514

 

Hardware:

 

 

 

 

 

 

 

 

 

Revenues

 

$

3,084

 

 

$

2,936

 

 

$

3,066

 

Hardware expenses

 

 

832

 

 

 

742

 

 

 

855

 

Sales and marketing expenses

 

 

235

 

 

 

276

 

 

 

296

 

Margin(1)

 

$

2,017

 

 

$

1,918

 

 

$

1,915

 

Services:

 

 

 

 

 

 

 

 

 

Revenues

 

$

5,743

 

 

$

5,233

 

 

$

5,431

 

Expenses

 

 

4,210

 

 

 

4,240

 

 

 

4,515

 

Margin(1)

 

$

1,533

 

 

$

993

 

 

$

916

 

Totals:

 

 

 

 

 

 

 

 

 

Revenues

 

$

67,357

 

 

$

57,399

 

 

$

52,961

 

Expenses

 

 

29,339

 

 

 

23,558

 

 

 

21,616

 

Margin(1)

 

$

38,018

 

 

$

33,841

 

 

$

31,345

 

 

(1)
The margins reported reflect only the direct controllable costs of each line of business and do not include allocations of research and development, general and administrative and certain other allocable expenses, net. Additionally, the margins reported above do not reflect amortization of intangible assets, restructuring and other expenses, stock-based compensation, interest expense or certain other non-operating income (expenses),
net. Refer to the table below for a reconciliation of our total margin for operating segments to our income before income taxes as reported per our consolidated statements of operations.

The following table reconciles total margin for operating segments to income before income taxes:

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Total margin for operating segments

 

$

38,018

 

 

$

33,841

 

 

$

31,345

 

Research and development

 

 

(10,272

)

 

 

(9,860

)

 

 

(8,915

)

General and administrative

 

 

(1,618

)

 

 

(1,602

)

 

 

(1,548

)

Amortization of intangible assets

 

 

(1,671

)

 

 

(2,307

)

 

 

(3,010

)

Restructuring and other

 

 

(1,838

)

 

 

(374

)

 

 

(718

)

Stock-based compensation for operating segments

 

 

(1,618

)

 

 

(1,597

)

 

 

(1,382

)

Expense allocations and other, net

 

 

(395

)

 

 

(423

)

 

 

(419

)

Interest expense

 

 

(4,599

)

 

 

(3,578

)

 

 

(3,514

)

Non-operating income (expenses), net

 

 

3,547

 

 

 

60

 

 

 

(98

)

Income before income taxes

 

$

19,554

 

 

$

14,160

 

 

$

11,741

 

Disaggregation of Revenues

We have considered information that is regularly reviewed by our CODMs in evaluating financial performance and disclosures presented outside of our financial statements in our earnings releases and used in investor presentations to disaggregate revenues to depict how the nature, amount, timing and uncertainty of revenues and cash flows are affected by economic factors. The principal category we use to disaggregate revenues is the nature of our products and services as presented in our consolidated statements of operations.

The following table presents a summary of our total revenues by geographic region, which are generally based on the location of our customers:

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Americas

 

$

44,478

 

 

$

36,339

 

 

$

33,122

 

EMEA(1)

 

 

15,297

 

 

 

14,025

 

 

 

13,030

 

Asia Pacific

 

 

7,582

 

 

 

7,035

 

 

 

6,809

 

Total revenues

 

$

67,357

 

 

$

57,399

 

 

$

52,961

 

 

(1)
Comprises Europe, the Middle East and Africa

The following table presents our software revenues by offerings:

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Software license

 

$

4,737

 

 

$

5,201

 

 

$

5,081

 

Software support

 

 

19,804

 

 

 

19,523

 

 

 

19,609

 

Total software revenues

 

$

24,541

 

 

$

24,724

 

 

$

24,690

 

The following table presents our cloud revenues by offerings:

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Cloud applications

 

$

15,888

 

 

$

14,272

 

 

$

12,934

 

Cloud infrastructure

 

 

18,101

 

 

 

10,234

 

 

 

6,840

 

Total cloud revenues

 

$

33,989

 

 

$

24,506

 

 

$

19,774

 

 

Geographic Information

Disclosed in the table below is geographic information for each country that comprised greater than three percent of our total revenues for any of fiscal 2026, 2025 or 2024:

 

 

 

As of and for the Year Ended May 31,

 

 

 

2026

 

 

2025

 

 

2024

 

(in millions)

 

Revenues

 

 

Long-Lived
Assets(1)

 

 

Revenues

 

 

Long-Lived
Assets(1)

 

 

Revenues

 

 

Long-Lived
Assets(1)

 

U.S.

 

$

39,835

 

 

$

102,717

 

 

$

32,075

 

 

$

45,439

 

 

$

29,055

 

 

$

24,798

 

United Kingdom

 

 

2,816

 

 

 

3,903

 

 

 

2,594

 

 

 

2,530

 

 

 

2,423

 

 

 

1,164

 

Germany

 

 

1,993

 

 

 

2,432

 

 

 

1,817

 

 

 

2,013

 

 

 

1,794

 

 

 

1,192

 

Japan

 

 

1,870

 

 

 

3,183

 

 

 

1,759

 

 

 

2,320

 

 

 

1,662

 

 

 

1,144

 

Other countries

 

 

20,843

 

 

 

21,029

 

 

 

19,154

 

 

 

7,841

 

 

 

18,027

 

 

 

3,962

 

Total

 

$

67,357

 

 

$

133,264

 

 

$

57,399

 

 

$

60,143

 

 

$

52,961

 

 

$

32,260

 

 

(1)
Long-lived assets exclude goodwill, intangible assets, non-marketable investments and deferred taxes, which are not allocated to specific geographic locations as it is impracticable to do so.
v3.26.1
EARNINGS PER SHARE
 12 Months Ended
May 31, 2026
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
14.
EARNINGS PER SHARE

Basic earnings per share is computed by dividing net income available to common shareholders for the period by the weighted-average number of common shares outstanding during the period. Diluted earnings per share is computed by dividing net income available to common shareholders for the period by the weighted-average number of common shares outstanding during the period, plus the dilutive effect of outstanding restricted stock-based awards, stock options and shares issuable under the Purchase Plan as applicable pursuant to the treasury stock method and the dilutive effect of Mandatory Convertible Preferred Stock pursuant to the if-converted method. The following table sets forth the computation of basic and diluted earnings per share attributable to common shareholders:

 

 

 

Year Ended May 31,

 

(in millions, except per share data)

 

2026

 

 

2025

 

 

2024

 

Net income

 

$

17,087

 

 

$

12,443

 

 

$

10,467

 

Preferred stock dividends

 

 

103

 

 

 

—

 

 

 

—

 

Net income available to common shareholders

 

$

16,984

 

 

$

12,443

 

 

$

10,467

 

Weighted-average common shares outstanding

 

 

2,860

 

 

 

2,789

 

 

 

2,744

 

Dilutive effect of employee stock plans

 

 

54

 

 

 

77

 

 

 

79

 

Dilutive weighted-average common shares outstanding

 

 

2,914

 

 

 

2,866

 

 

 

2,823

 

Basic earnings per share attributable to common shareholders

 

$

5.94

 

 

$

4.46

 

 

$

3.82

 

Diluted earnings per share attributable to common shareholders

 

$

5.83

 

 

$

4.34

 

 

$

3.71

 

Stock awards and shares excluded from calculation(1)

 

 

31

 

 

 

23

 

 

 

27

 

 

(1)
Consists of: (1) anti-dilutive restricted stock-based awards and stock options, both of which were service-based, as calculated using the treasury stock method, (2) anti-dilutive Mandatory Convertible Preferred Stock as calculated using the if-converted method and (3) contingently issuable shares pursuant to PSO arrangements as the performance conditions were not met. These excluded stock awards and shares could be dilutive in the future. See Note 11 for information regarding our stock-based compensation plans.
v3.26.1
LEGAL PROCEEDINGS
 12 Months Ended
May 31, 2026
Legal Proceedings [Abstract]  
LEGAL PROCEEDINGS
15.
LEGAL PROCEEDINGS

Netherlands Privacy Class Action

On August 14, 2020, The Privacy Collective (TPC), a foundation having its registered office in Amsterdam, filed a purported class action lawsuit against Oracle Nederland B.V, Oracle Corporation and Oracle America, Inc. (the Oracle Defendants), Salesforce.com, Inc. and SFDC Netherlands B.V. in the District Court of Amsterdam. TPC alleges that the Oracle Defendants’ Data Management Platform product violates certain articles of the European Union Charter of Fundamental Rights, the General Data Protection Regulation (GDPR) and the Dutch Telecommunications Act (Telecommunicatiewet). TPC claims damages under a number of categories, including: “immaterial damages” (at a

fixed amount of €500 per Dutch internet user); “material damages” (in that the costs of loss of control over personal data should be equated to the market value of the personal data for parties like the Oracle Defendants); compensation for losses suffered due to an alleged data breach (at a fixed amount of €100 per Dutch internet user); and compensation for the costs of the litigation funder (10% to 25% of the compensation awarded); and the (actual) cost of the proceedings and extrajudicial costs.

We filed our defense on March 3, 2021, and on December 29, 2021, the District Court issued a judgment, holding that all of TPC’s claims were deemed inadmissible because of fundamental procedural flaws. TPC filed an appeal with the Court of Appeal in Amsterdam challenging the District Court’s judgment, except for the claims regarding the alleged data breach, which were dropped. On June 18, 2024, the Court of Appeal overturned the District Court’s decision regarding admissibility, thus permitting the case to proceed. We requested that the Court of Appeal permit an interim appeal to the Dutch Supreme Court and/or the European Court of Justice. On September 24, 2024, the Court of Appeal issued a judgment confirming that TPC’s claims are admissible and referred the matter back to the District Court of Amsterdam for a decision on the merits of TPC’s claims, including TPC’s claims for damages under article 82 of the GDPR. The Court of Appeal also granted Oracle’s request for an interim appeal to the Supreme Court, appealing the June 18 and September 24, 2024 judgments.

Oracle filed its statement of appeal with the Dutch Supreme Court on December 20, 2024, and TPC appeared in the proceedings on January 31, 2025. The filing of the Supreme Court appeal effectively suspended proceedings before the District Court pursuant to applicable procedural rules. TPC filed its statement of defense in response to our Supreme Court appeal and a counter appeal on February 27, 2025. Oracle filed its statement of defense to the counter appeal on March 28, 2025. TPC and Oracle filed their written submissions setting out their detailed arguments on July 18, 2025. The parties filed their respective further written replies and rejoinders on August 28, 2025. A hearing on this matter was held on September 26, 2025. As scheduled, on January 30, 2026, the Advocate General handed down a non-binding opinion advising the Supreme Court to dismiss Oracle’s grounds of appeal and to uphold TPC’s appeal in part. On March 6, 2026, we filed a response to the opinion. The Supreme Court’s judgment is scheduled to be issued on June 28, 2026.

On September 24, 2025, TPC filed a motion in the District Court to lift the suspension of proceedings. On September 25, 2025, Oracle opposed that motion. The court has not yet ruled on that motion.

We believe that we have meritorious defenses against this action, including defenses to the quantum of damages claimed, and we will continue to vigorously defend it.

While the final outcome of this matter cannot be predicted with certainty, we do not believe that it will have a material impact on our financial position or results of operations.

Securities Class Action Regarding Oracle Cloud Infrastructure

On February 3, 2026, a putative class action, brought by an alleged stockholder of Oracle, was filed in the U.S. District Court for the District of Delaware against us, our Chief Technology Officer, our two Chief Executive Officers, two other Oracle executives, and one member of the Board. The plaintiff alleges that defendants made or are responsible for false and misleading statements regarding Oracle’s cloud infrastructure business. The plaintiff seeks a ruling that this case may proceed as a class action and seeks damages and attorneys’ fees and costs. The court entered a scheduling order, under which plaintiff is scheduled to file an amended complaint by July 14, 2026, and defendants must respond to the complaint by September 16, 2026. If defendants move to dismiss the amended complaint, that motion will be fully briefed by December 18, 2026.

We believe that we have meritorious defenses against this action, and we will continue to vigorously defend it.

While the final outcome of this matter cannot be predicted with certainty, we do not believe that it will have a material impact on our financial position or results of operations.

Other Litigation

We are party to various other legal proceedings and claims, either asserted or unasserted, which arise in the ordinary course of business, including proceedings and claims that relate to acquisitions we have completed or to companies

we have acquired or are attempting to acquire. While the outcome of these matters cannot be predicted with certainty, we do not believe that the outcome of any of these matters, individually or in the aggregate, will result in losses that are materially in excess of amounts already recognized, if any.
v3.26.1
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (Policies)
 12 Months Ended
May 31, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Nature of Operations

Oracle Corporation provides products and services that build, run and support enterprise information technology (IT) frameworks. Our products and services include enterprise applications and infrastructure offerings that incorporate and are enhanced by artificial intelligence (AI) technologies. We deliver our products and services to customers worldwide through a variety of flexible and interoperable IT deployment models. These models include cloud-based, on-premise and hybrid deployments. Oracle cloud offerings include Oracle Cloud Applications and Oracle Cloud Infrastructure (collectively Oracle Cloud), which provide comprehensive and integrated applications and infrastructure services, enabling our customers to choose the best option that meets their specific business needs. Customers may also elect to purchase Oracle software licenses and hardware products and related services to manage their own cloud-based or on-premise IT environments. Customers that purchase our software licenses may elect to purchase software support contracts, which provide our customers with rights to unspecified license upgrades and enhancements during the term of the support period as well as technical support assistance. Customers that purchase our hardware products may elect to purchase hardware support contracts, which provide customers with software updates and can include product repairs, maintenance services and technical support services. We also offer customers a broad set of services offerings that are designed to maximize the performance of their investments in Oracle technologies.

Oracle Corporation conducts business globally and was incorporated in the state of Delaware.
Basis of Financial Statements

Basis of Financial Statements

The consolidated financial statements include our accounts and the accounts of our wholly- and majority-owned subsidiaries. Noncontrolling interest positions of certain of our consolidated entities are reported as a separate component of consolidated equity from the equity attributable to Oracle’s stockholders for all periods presented. The noncontrolling interests in our net income were not significant to our consolidated results for the periods presented and therefore have not been presented separately and instead are included as a component of non-operating income (expenses), net in our consolidated statements of operations. Intercompany transactions and balances have been eliminated. We reclassed certain prior year amounts and balances and their related disclosures to conform to the current period’s presentation for all periods presented in our consolidated financial statements. Such reclassifications did not affect total revenue, income from operations or net income.

In fiscal 2026, we adopted Accounting Standards Update (ASU) 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures (ASU 2023-09) on a prospective basis. ASU 2023-09 requires certain additional disclosure. Refer to Note 12 for additional information.
Use of Estimates

Use of Estimates

Our consolidated financial statements are prepared in accordance with United States (U.S.) generally accepted accounting principles (GAAP) as set forth in the Financial Accounting Standards Board’s (FASB) Accounting Standards Codification (ASC), and we consider various staff accounting bulletins and other applicable guidance issued by the U.S. Securities and Exchange Commission. These accounting principles require us to make certain estimates, judgments and assumptions. We believe that the estimates, judgments and assumptions upon which we rely are reasonable based upon information available to us at the time that these estimates, judgments and assumptions are made. These estimates, judgments and assumptions can affect the reported amounts of assets and liabilities as of the date of the financial statements as well as the reported amounts of revenues and expenses during the periods presented. To the extent that there are differences between these estimates, judgments or assumptions and actual results, our consolidated financial statements will be affected. In many cases, the accounting treatment of a particular transaction is specifically dictated by GAAP and does not require management’s judgment in its

application. There are also areas in which management’s judgment in selecting among available alternatives would not produce a materially different result.
Revenue Recognition

Revenue Recognition

Our sources of revenues are:

•
cloud and software revenues, comprising of: cloud revenues, which includes cloud applications and cloud infrastructure revenues; and software revenues, which includes software license and software support revenues;
•
hardware revenues, which include the sale of hardware products, including Oracle Engineered Systems, servers and storage products, and industry-specific hardware; and hardware support revenues; and
•
services revenues, which are earned from providing cloud-, software- and hardware-related services including consulting and customer success services.

Cloud revenues include revenues from Oracle Cloud offerings, which deliver applications and infrastructure technologies via cloud-based deployment models that we develop functionality for, provide unspecified updates and enhancements for, deploy, host, manage, upgrade and support and that customers access by entering into a subscription agreement with us for a stated period.

Software revenues primarily represent revenues earned from granting customers perpetual licenses to use our applications or infrastructure offerings, such as our database, middleware, application and industry-specific software products, and the sale of support contracts related to these licenses, which are purchased by our customers at their option. Customers may deploy their software license in a cloud-based, on-premise or hybrid IT environment. Software support contracts provide customers with rights to unspecified software product upgrades, maintenance releases and patches released during the term of the support period and include access to technical content and support. Software support contracts are generally priced as a percentage of the net software license fees. Substantially all of our customers elect to purchase and renew their software support contracts annually.

Hardware revenues include revenues from the sale of hardware products and the sale of our hardware support offerings. Hardware support contracts are generally priced as a percentage of the net hardware products fees.

Our services are offered to customers as standalone arrangements or as a part of arrangements to customers buying other products and services. Our consulting services are designed to help our customers to, among others, deploy, architect, integrate, upgrade and secure their investments in Oracle applications and infrastructure technologies. Our customer success services are designed to provide supplemental support services, performance services and higher availability for Oracle products and services.

We apply the provisions of ASC 606, Revenue from Contracts with Customers (ASC 606) as a single standard for revenue recognition that applies to all of our cloud, software, hardware and services arrangements and generally require revenues to be recognized upon the transfer of control of promised goods or services provided to our customers, reflecting the amount of consideration we expect to receive for those goods or services. Pursuant to ASC 606, revenues are recognized upon the application of the following steps:

•
identification of the contract, or contracts, with a customer;
•
identification of the performance obligations in the contract;
•
determination of the transaction price;
•
allocation of the transaction price to each performance obligation in the contract; and
•
recognition of revenues when, or as, the contractual performance obligations are satisfied.

The timing of revenue recognition may differ from the timing of invoicing to our customers. We record an unbilled receivable, which is included within accounts receivable on our consolidated balance sheets, when revenue is recognized prior to invoicing. We record deferred revenues on our consolidated balance sheets when revenues are to be recognized subsequent to cash collection for an invoice. Our standard payment terms are generally net 30 days

but may vary. Invoices for software licenses and hardware products are generally issued when the license is made available for customer use or upon delivery to the customer of the hardware product. Invoices for software support and hardware support contracts are generally invoiced annually in advance. Cloud applications and cloud infrastructure contracts are generally invoiced annually, quarterly or monthly. Services are generally invoiced in advance or as the services are performed. Contracts that contain a significant financing component (either because the customer has made significant prepayment before the corresponding performance obligations are delivered or because we have provided long-term payment plans to the customer) have adjustments to the transaction price to reflect the time value of money. The related interest component is recorded as either interest expense or interest income in non-operating income (expenses), net within our consolidated statements of operations based on applicable interest rates for such contracts.

Our revenue arrangements generally include standard warranty or service level provisions that our arrangements will perform and operate in all material respects as defined in the respective agreements, the financial impacts of which have historically been and are expected to continue to be insignificant. Our arrangements generally do not include a general right of return relative to the delivered products or services. We recognize revenues net of any taxes collected from customers, which are subsequently remitted to governmental authorities.

Revenue Recognition for Cloud Services

Revenues from cloud offerings provided on a subscription basis are generally recognized ratably over the contractual period that the services are delivered, beginning on the date our service is made available to a customer. We recognize revenue ratably because the customer receives and consumes the benefits of the cloud offerings throughout the contract period. Revenues from infrastructure cloud offerings that are provided on a consumption basis are generally recognized based on the utilization of the services by the customer.

Revenue Recognition for Software – License and Support

Revenues from distinct software license performance obligations are generally recognized upfront at the point in time when the software is made available to the customer to download and use. Revenues from usage-based royalty arrangements for distinct software licenses are recognized at the point in time when the software end user usage occurs. For usage-based royalty arrangements with a fixed minimum guarantee amount, the minimum amount is generally recognized upfront when the software is made available to the royalty customer.

Oracle’s primary performance obligations with respect to software support contracts is to provide customers with technical support as needed and unspecified software product upgrades, maintenance releases and patches during the term of the support period, if and when they are available. Oracle is obligated to make the software support services available continuously throughout the contract period. Therefore, revenues for software support contracts is generally recognized ratably over the contractual periods that the support services are provided.

Revenue Recognition for Hardware – Product and Support

The hardware product and related software, such as an operating system or firmware, are highly interdependent and interrelated and are accounted for as a combined performance obligation. The revenues for this combined performance obligation are generally recognized at the point in time that the hardware product is delivered and ownership is transferred to the customer.

Oracle’s primary performance obligations with respect to hardware support contracts are to provide customers with technical support as needed and unspecified firmware upgrades, maintenance releases and patches during the term of the support period, if and when they are available, and hardware product repairs. Oracle is obligated to make the hardware support services available continuously throughout the contract period. Therefore, revenues for hardware support contracts are generally recognized ratably over the contractual periods that the support services are provided.

Revenue Recognition for Services

Services revenues are generally recognized over time as the services are performed. Revenues for fixed price services are generally recognized over time applying input methods to estimate progress to completion. Revenues for consumption-based services are generally recognized as the services are performed.

Allocation of the Transaction Price for Contracts that have Multiple Performance Obligations

Many of our contracts include multiple performance obligations. Judgment is required in determining whether each performance obligation is distinct. Oracle products and services generally do not require a significant amount of integration or interdependency; therefore, our products and services are generally not combined. We allocate the transaction price for each contract to each performance obligation based on the relative standalone selling price (SSP) for each performance obligation within each contract.

We use judgment in determining the SSP for products and services. For substantially all performance obligations except certain cloud offerings and software licenses, we are able to establish the SSP based on the observable prices of products or services sold separately in comparable circumstances to similar customers. We typically establish an SSP range for our products and services which is reassessed on a periodic basis or when facts and circumstances change. For certain cloud offerings, SSP is estimated using an expected cost plus a reasonable margin approach. Our software licenses have not historically been sold on a standalone basis, as the vast majority of all customers elect to purchase software support contracts at the time of a software license purchase. Software support contracts are generally priced as a percentage of the net fees paid by the customer to access the license. We are unable to establish the SSP for our software licenses based on observable prices given the same products are sold for a broad range of amounts (that is, the selling price is highly variable) and a representative SSP is not discernible from past transactions or other observable evidence. As a result, the SSP for a software license included in a contract with multiple performance obligations is generally determined by applying a residual approach whereby all other performance obligations within a contract are first allocated a portion of the transaction price based upon their respective SSPs, with any residual amount of transaction price allocated to software license revenues.

Remaining Performance Obligations from Contracts with Customers

Trade receivables, net of allowance for credit losses, and deferred revenues are reported net of related uncollected deferred revenues in our consolidated balance sheets as of May 31, 2026 and 2025. The revenues recognized during the year ended May 31, 2026 and 2025 that were included in the opening deferred revenues balances as of May 31, 2025 and 2024 were approximately $9.4 billion and $9.3 billion, respectively. Revenues recognized from performance obligations satisfied in prior periods and impairment losses recognized on our receivables were immaterial during each year ended May 31, 2026, 2025 and 2024.

Remaining performance obligations represent contracted revenues that had not yet been recognized, and include deferred revenues; invoices that have been issued to customers but were uncollected and have not been recognized as revenues; and amounts that will be invoiced and recognized as revenues in future periods. We have elected the optional exemption to not disclose the variable consideration for contracts in which the variable consideration expected to be received over the duration of the contract is allocated entirely to the wholly unsatisfied performance obligations. The volumes and amounts of customer contracts that we book and total revenues that we recognize are impacted by a variety of seasonal factors and the timing of booking of large contracts. In each fiscal year, the amounts and volumes of contracting activity, other than the impact of booking of large contracts, and our total revenues are typically highest in our fourth fiscal quarter and lowest in our first fiscal quarter. These seasonal impacts and the timing of booking of large contracts influence how our remaining performance obligations change over time and, combined with foreign exchange rate fluctuations and other factors, influence the amount of remaining performance obligations that we report at a point in time. As of May 31, 2026, our remaining performance obligations were $638 billion, of which we expect to recognize approximately 12% as revenues over the next twelve months, 34% over the subsequent month 13 to month 36, 34% over the subsequent month 37 to month 60 and the remainder thereafter.
Customer Prepayments and Sales of Financing Receivables

Customer Prepayments and Sales of Financing Receivables

Certain of our customer contracts include a significant financing component either because the customer has made significant prepayment before the corresponding performance obligations are delivered or because we have provided long-term payment plans to the customer. In determining whether a contract contains a significant financing component, we consider: (1) the expected timing between transfer of goods and services and customer payment; (2) the difference between the promised consideration and the cash selling price; and (3) prevailing market interest rates. We apply the practical expedient and do not adjust the promised amount of consideration for the effects of a significant financing component when the period between transfer of goods or services and customer payment is one year or less. During fiscal 2026, we received $4.6 billion of prepayments from customers that included a significant financing component. No prepayments were received from customers that included a significant financing component during fiscal 2025 and 2024. We recognize interest expense related to significant financing components separately from revenue. During fiscal 2026, such amounts were immaterial. We determine the discount rate based on a rate that reflects the credit characteristics of the party receiving financing, which is generally consistent with our incremental borrowing rate. The effects of significant financing components are reflected in deferred revenues and recognized over the period of performance.

We offer certain of our customers the option to acquire certain of our products and services offerings through separate long-term payment contracts. We generally sell these contracts that we have financed for our customers on a non-recourse basis to financial institutions within 90 days of the contracts’ dates of execution. We record the transfers of amounts due from customers to financial institutions as sales of financing receivables because we are considered to have surrendered control of these financing receivables. During fiscal 2026, 2025 and 2024, $1.9 billion, $1.6 billion and $1.4 billion, respectively, of our financing receivables were sold to financial institutions.
Business Combinations

Business Combinations

We apply the provisions of ASC 805, Business Combinations (ASC 805), in accounting for our acquisitions. ASC 805 requires that we evaluate whether a transaction pertains to an acquisition of assets, or to an acquisition of a business. A business is defined as an integrated set of assets and activities that is capable of being conducted and managed for the purpose of providing a return to investors. Asset acquisitions are accounted for by allocating the cost of the acquisition to the individual assets and liabilities assumed on a relative fair value basis; whereas the acquisition of a business requires us to recognize goodwill separately from the assets acquired and the liabilities assumed at the acquisition date fair values. Goodwill as of the business acquisition date is measured as the excess of consideration transferred over the net of the acquisition date fair values of the assets acquired and the liabilities assumed. While we use our best estimates and assumptions to accurately value assets acquired and liabilities assumed at the business acquisition date as well as any contingent consideration, where applicable, our estimates are inherently uncertain and subject to refinement. As a result, during the measurement period, which may be up to one year from the business acquisition date, we record adjustments to the assets acquired and liabilities assumed with the corresponding offset to goodwill. Upon the conclusion of a business acquisition’s measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are recorded to our consolidated statements of operations. Costs to exit or restructure certain activities of an acquired company or our internal operations are accounted for as termination and exit costs pursuant to ASC 420, Exit or Disposal Cost Obligations, and are accounted for separately from the business combination. A liability for costs associated with an exit or disposal activity is recognized and measured at its fair value in our consolidated statement of operations in the period in which the liability is incurred.
Marketable and Non-Marketable Investments

Marketable and Non-Marketable Investments

In accordance with ASC 320, Investments—Debt Securities, and based on our intentions regarding these instruments, we classify substantially all of our marketable debt securities investments as available-for-sale. We carry these securities at fair value, and report the unrealized gains and losses, net of taxes, as a component of stockholders’ equity, except for unrealized losses, if any, determined to be related to credit losses, which we record within non-operating income (expenses), net in the accompanying consolidated statements of operations. We periodically evaluate our investments to determine if impairment charges are required. All of our marketable debt securities

investments are classified as current based on the nature of the investments and their availability for use in current operations.

Investments in equity securities, other than any equity method investments, are generally recorded at their fair values, if the fair values are readily determinable. Non-marketable equity securities for which the fair values are not readily determinable and where we do not have control of, nor significant influence in, the investee are recorded at cost, less any impairment, adjusted for observable price changes from orderly transactions for identical or similar investments of the same issuer with any gains or losses recorded as a component of non-operating income (expenses), net as of and for each reporting period. For investments through which we have significant influence in, but not control of, the investee, we account for such investments pursuant to the equity method of accounting whereby we record our proportionate share of the investee’s earnings or losses; amortization of certain differences between our investment basis and underlying equity in net assets of the investee; and impairment, if any, as a component of non-operating income (expenses), net for each reporting period. As per ASC 850, Related Party Disclosures, equity method investees are considered as related parties.

Our investments in marketable debt and equity securities totaled $605 million and $417 million as of May 31, 2026 and 2025, respectively, and are included in current assets in the accompanying consolidated balance sheets.

Our non-marketable debt investments and equity securities and related instruments totaled $2.3 billion and $2.1 billion as of May 31, 2026 and 2025, respectively, and substantially all of the balance is included in other non-current assets in the accompanying consolidated balance sheets and is subject to periodic credit losses and impairment reviews. The majority of the non-marketable debt and equity investments we held as of May 31, 2025 were with Ampere Computing Holdings LLC (Ampere), an equity method investee. On November 25, 2025, SoftBank Group Corp. acquired all of the equity interests of Ampere (the Ampere Acquisition). We received cash proceeds of $4.3 billion in exchange for our equity, debt and call option interests in Ampere in the Ampere Acquisition. We recorded $2.7 billion of realized gain, which is included in the non-operating income (expenses), net line item in our consolidated statements of operations for the year ended May 31, 2026. We have no remaining investment in Ampere as of May 31, 2026. The substantial majority of the non-marketable investments we held as of May 31, 2026 were with TikTok USDS Joint Venture LLC, an equity method investee in which we have an ownership interest of 15%.
Fair Value of Financial Instruments

Fair Values of Financial Instruments

We apply the provisions of ASC 820, Fair Value Measurement (ASC 820), to our assets and liabilities that we are required to measure at fair value pursuant to other accounting standards, including our investments in marketable debt and equity securities and our derivative financial instruments.

The additional disclosures regarding our fair value measurements are included in Note 3.

Allowances for Credit Losses

Allowances for Credit Losses

We record allowances for credit losses based upon a specific review of all significant outstanding invoices. For those invoices not specifically reviewed, provisions are provided at differing rates, based upon the age of the receivable, collection history and current economic conditions. We write-off a receivable and charge it against its recorded allowance when we have exhausted our collection efforts without success.
Concentrations of Risk

Concentrations of Risk

Financial instruments that are potentially subject to concentrations of credit risk consist primarily of cash and cash equivalents, marketable securities, derivatives, trade receivables and non-marketable investments. Our cash and cash equivalents are generally held with large, diverse financial institutions worldwide to reduce the amount of exposure to any single financial institution. Investment policies have been implemented that limit purchases of marketable debt securities to investment-grade securities. Our derivative contracts are transacted with various financial institutions with high credit standings and any exposure to counterparty credit-related losses in these contracts is largely mitigated with collateral security agreements that provide for collateral to be received or posted when the net fair values of these contracts fluctuate from contractually established thresholds. Refer to “Marketable

and Non-Marketable Investments” section above for additional information on our non-marketable investments. We generally do not require collateral to secure accounts receivable. The risk with respect to trade receivables is mitigated by credit evaluations we perform on our customers, the short duration of our payment terms for the significant majority of our customer contracts and by the diversification of our customer base. No single customer accounted for 10% or more of our total revenues in fiscal 2026, 2025 or 2024. We enter into certain large, long-term customer cloud arrangements that require us to make significant infrastructure investments, including data center capacity. For discretionary capital expenditures, the timing of such expenditures can be adjusted based on our liquidity position and access to additional financing. The economic returns on these investments are dependent on customer demand and the ability of our key customers to meet their contractual obligations. Changes in customer demand or the ability of our key customers to meet their contractual obligations may adversely affect operating margins, cash flows and could require evaluation of the recoverability of related long-lived assets.

We outsource the manufacturing, assembly and delivery of the substantial majority of our hardware products that we sell to our customers as well as use internally to deliver our cloud services to a variety of companies, many of which are located outside the U.S. Further, we have simplified our supply chain processes by reducing the number of third-party manufacturing partners and the number of locations where these third-party manufacturers build our hardware products. Any inability of these third-party manufacturing partners to deliver the contracted services for our hardware products could adversely impact future operating results of our cloud and software and hardware businesses.
Deferred Sales Commissions

Deferred Sales Commissions

We defer sales commissions earned by our sales force that are considered to be incremental and recoverable costs of obtaining a cloud, software support and hardware support contract. Initial sales commissions for the majority of these aforementioned contracts are generally deferred and amortized on a straight-line basis over an average benefit period that we estimate to be four years. We determine the period of benefit by taking into consideration the historical and expected durations of our customer contracts, the expected useful lives of our technologies and other factors. Sales commissions for renewal contracts relating to certain of our cloud-based arrangements are generally deferred and then amortized on a straight-line basis over the related contractual renewal period, which is generally one to three years. Amortization of deferred sales commissions is included as a component of sales and marketing expenses in our consolidated statements of operations and asset balances for deferred sales commissions are included in other current assets and other non-current assets in our consolidated balance sheets.

Property, Plant and Equipment

Property, Plant and Equipment

Property, plant and equipment are stated at cost, less accumulated depreciation. Costs incurred are accumulated as construction in progress until the asset is brought into the condition and at the location for its intended use. Once the asset is in the condition and at the location for its intended use, it is amortized using the straight-line method of depreciation based on estimated useful lives of the assets, which range from one to 40 years. Finance lease Right-of-Use (ROU) assets are amortized over the lease term. Leasehold improvements are amortized over the lesser of the estimated useful lives of the improvements or the lease terms, as appropriate. Property, plant and equipment are periodically reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable at an appropriate asset or asset group level. We did not recognize any significant property impairment charges in fiscal 2026, 2025 or 2024. Note 4 below provides additional information regarding our Property, Plant and Equipment.
Goodwill, Intangible Assets and Impairment Assessments

Goodwill, Intangible Assets and Impairment Assessments

Goodwill represents the excess of the purchase price in a business combination over the fair value of net tangible and intangible assets acquired. Intangible assets that are not considered to have an indefinite useful life are itemized in Note 5 below and are amortized over their useful lives, which generally range from one to 10 years. At least annually, we assess the useful lives of our finite lived intangible assets and may adjust the period over which these assets are amortized whenever events or changes in circumstances indicate that a shorter amortization period is more reflective of the period in which these assets contribute to our cash flows. Intangible assets are included within other non-current assets on our consolidated balance sheets.

The carrying amounts of our goodwill and intangible assets are reviewed for impairment annually and whenever events or changes in circumstances indicate that the carrying value of these assets may not be recoverable. When goodwill is assessed for impairment, we have the option to perform an assessment of qualitative factors of impairment (optional assessment) prior to necessitating a quantitative impairment test. Should the optional assessment be used for any given fiscal year, qualitative factors considered for a reporting unit include: cost factors; financial performance; legal, regulatory, contractual, political, business, or other factors; entity specific factors; industry and market considerations; macroeconomic conditions; and other relevant events and factors affecting the reporting unit. If we determine in the qualitative assessment that it is more likely than not that the fair value of the reporting unit is less than its carrying value, a quantitative test is then performed. Otherwise, no further testing is required. For those reporting units tested using a quantitative approach, we compare the fair value of each reporting unit with the carrying amount of the reporting unit, including goodwill. To determine the fair value of each reporting unit we utilize estimates, judgments and assumptions including estimated future cash flows the reporting unit is expected to generate on a discounted basis; the discount rate used as a part of the discounted cash flow analysis; future economic and market conditions; and market comparables of peer companies, among others. If, as per the quantitative test, the estimated fair value of the reporting unit is less than the carrying amount of the reporting unit, impairment is recognized for the difference, limited to the amount of goodwill recognized for the reporting unit. Our most recent goodwill impairment analysis was performed on March 1, 2026 and did not result in a goodwill impairment charge. We did not recognize impairment charges in fiscal 2025 or 2024.

Recoverability of finite lived intangible assets is evaluated by comparison of the carrying amount of the asset to the future undiscounted cash flows that are expected to be generated by the lowest level associated asset grouping. Recoverability of indefinite lived intangible assets is evaluated by comparison of the carrying amount of the asset to its fair value. If the asset is considered to be impaired, the amount of any impairment is measured as the difference between the carrying value and the fair value of the impaired asset. We did not recognize any intangible asset impairment charges in fiscal 2026, 2025 or 2024.
Derivative Financial Instruments

Derivative Financial Instruments

During fiscal 2026, 2025 and 2024, we used derivative financial instruments to manage foreign currency and interest rate risks. We do not use derivative financial instruments for trading purposes. We account for these instruments in accordance with ASC 815, Derivatives and Hedging (ASC 815), which requires that every derivative instrument be recorded on the balance sheet as either an asset or liability measured at its fair value as of each reporting date. ASC 815 also requires that changes in our derivatives’ fair values be recognized in earnings, unless specific hedge accounting and documentation criteria are met (i.e., the instruments are accounted for as certain types of hedges).

The accounting for changes in the fair value of a derivative depends on the intended use of the derivative and the resulting designation. For a derivative instrument designated as a fair value hedge, loss or gain attributable to the risk being hedged is recognized in earnings in the period of change with a corresponding earnings offset recorded to the item for which the risk is being hedged. For a derivative instrument designated as a cash flow hedge, during each reporting period, we record the change in fair value of the derivative to accumulated other comprehensive loss (AOCL) in our consolidated balance sheets and the change is reclassified to earnings in the period the hedged item affects earnings.
Leases

Leases

We apply the provisions of ASC 842, Leases (ASC 842), in accounting for our leases. Accordingly, we determine if an arrangement is a lease at its inception. Lease liabilities are recognized at the lease commencement date based on the present value of lease payments over the lease term. We generally use our incremental borrowing rate based on the information available at the lease commencement date in determining the present value of future payments, because the implicit rate of the lease is generally not known. ROU assets related to our leases are measured at lease inception based on the initial measurement of the lease liability, plus any prepaid lease payments and less any lease incentives. Our lease terms that are used in determining our lease liabilities at lease inception may include options to extend or terminate the leases when it is reasonably certain that we will exercise such options. For operating leases, we generally recognize the lease expense on a straight-line basis over the lease term and classify both the ROU assets amortization and imputed interest as operating expenses. For finance leases, ROU assets are amortized on a straight-line basis over the lease term and are classified as operating expense and imputed interest is classified as interest expense. We have lease agreements with lease and non-lease components, and in such cases, we generally account for the components as a single lease component. We do not recognize lease assets and lease liabilities for any lease with an original lease term of less than one year. An impairment charge is recorded for an abandoned ROU asset.

ROU assets related to operating and finance leases are included in operating lease ROU assets and property, plant and equipment, net, respectively; short-term operating and finance lease liabilities are included in other current liabilities; and long-term operating and finance lease liabilities are included in operating lease liabilities and other non-current liabilities, respectively, in our consolidated balance sheets.

Cash flow movements related to operating lease activities are included in operating cash flows and those related to finance leases are included in operating cash flows for the interest component and in financing cash flows for the principal payment component in our consolidated statements of cash flows for the years ended May 31, 2026, 2025 and 2024. Note 9 below provides additional information regarding our leases.
Legal and Other Contingencies

Legal and Other Contingencies

We are currently involved in various claims and legal proceedings. Quarterly, we review the status of each significant matter and assess our potential financial exposure. For legal and other contingencies that are not a part of a business combination or related to income taxes, we accrue a liability for an estimated loss if the potential loss from any claim or legal proceeding is considered probable, and the amount can be reasonably estimated. Note 15 below provides additional information regarding certain of our legal contingencies.
Foreign Currency

Foreign Currency

We transact business in various foreign currencies. In general, the functional currency of a foreign operation is the local country’s currency. Consequently, revenues and expenses of operations outside the U.S. are translated into U.S. Dollars using weighted-average exchange rates while assets and liabilities of operations outside the U.S. are translated into U.S. Dollars using exchange rates at the balance sheet dates. The effects of foreign currency translation adjustments are included in stockholders’ equity as a component of AOCL in the accompanying consolidated balance sheets and related periodic movements are summarized as a line item in our consolidated statements of comprehensive income. Net foreign exchange transaction losses included in non-operating income (expenses), net in the accompanying consolidated statements of operations were $131 million, $147 million and $228 million in fiscal 2026, 2025 and 2024, respectively.
Stock-Based Compensation

Stock-Based Compensation

We account for share-based payments to employees, including grants of service-based restricted stock unit (RSU) awards, service-based employee stock options, performance-based stock options (PSOs) and purchases under employee stock purchase plans in accordance with ASC 718, Compensation—Stock Compensation, which requires that share-based payments (to the extent they are compensatory) be recognized in our consolidated statements of operations based on their fair values. Beginning in fiscal 2026, most Oracle employees who received equity awards were given a choice to receive their awards in the form of (1) 100% stock options, (2) 100% RSUs or (3) a combination of 50% stock options and 50% RSUs (the Employee Choice Program). The Compensation Committee of our Board of Directors has determined that a ratio of four stock options to one RSU should be used, consistent with its historic approach, for equity awards granted to Oracle employees. We account for forfeitures of stock-based awards as they occur.

For our service-based stock awards, we recognize stock-based compensation expense on a straight-line basis over the service period of the award, which is generally four years.

For our PSOs, we recognize stock-based compensation expense on a straight-line basis for tranches that are probable of achievement over the estimated implicit service period for performance-metric achievement. During our interim and annual reporting periods, stock-based compensation expense is recorded based on expected attainment of performance targets. Changes in our estimates of the expected attainment of performance targets that result in a change in the number of shares that are expected to vest, or changes in our estimates of implicit service periods, may cause the amount of stock-based compensation expense that we record for each interim reporting period to vary. Any changes in estimates that impact our expectation of the number of shares that are expected to vest are reflected in the amount of stock-based compensation expense that we recognize for each PSO tranche on a cumulative catch-up basis during each interim reporting period in which such estimates are altered.

We record deferred tax assets for stock-based compensation awards that result in deductions on certain of our income tax returns based on the amount of stock-based compensation recognized in each reporting period and the fair values attributable to the vested portion of stock awards assumed in connection with a business combination at the statutory tax rates in the jurisdictions that we are able to recognize such tax deductions. The impacts of the actual tax deductions for stock-based awards that are realized in these jurisdictions are generally recognized in the reporting period that a restricted stock-based award vests or a stock option is exercised with any shortfall/windfall relative to the deferred tax asset established and recorded as a discrete detriment/benefit to our provision for income taxes in such period. Note 11 below provides additional information regarding our stock-based compensation plans and related expenses.

Research and Development Costs and Software Development Costs

Research and Development Costs and Software Development Costs

Research and development costs are generally expensed as incurred in accordance with ASC 730, Research and Development. Software development costs required to be capitalized under ASC 985-20, Costs of Software to be Sold, Leased or Marketed, and under ASC 350-40, Internal-Use Software, were not material to our consolidated financial statements in fiscal 2026, 2025 and 2024.
Non-Operating Income (Expenses), net

Non-Operating Income (Expenses), net

Non-operating income (expenses), net consists primarily of interest income, net foreign currency exchange losses, the noncontrolling interests in the net profits of our majority-owned subsidiaries (primarily Oracle Financial Services Software Limited and Oracle Corporation Japan), net gains and losses related to marketable and non-marketable investments, including net gains and losses attributable to equity method investments and net other income and expenses, including net gains and losses from our investment portfolio related to our deferred compensation plan, for which an equal and offsetting amount was recorded to our operating expenses during the same period, and non-service net periodic pension income and losses.

 

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Interest income

 

$

780

 

 

$

578

 

 

$

451

 

Foreign currency losses, net

 

 

(131

)

 

 

(147

)

 

 

(228

)

Noncontrolling interests in income

 

 

(222

)

 

 

(184

)

 

 

(186

)

Gains (losses) from marketable and non-marketable investments, net

 

 

2,811

 

 

 

(278

)

 

 

(303

)

Other income, net

 

 

309

 

 

 

91

 

 

 

168

 

Total non-operating income (expenses), net

 

$

3,547

 

 

$

60

 

 

$

(98

)
Income Taxes

Income Taxes

We account for income taxes in accordance with ASC 740, Income Taxes (ASC 740). Deferred income taxes are recorded for the expected tax consequences of temporary differences between the tax bases of assets and liabilities for financial reporting purposes and amounts recognized for income tax purposes. We record a valuation allowance to reduce our deferred tax assets to the amount of future tax benefit that is more likely than not to be realized.

A two-step approach is applied pursuant to ASC 740 in the recognition and measurement of uncertain tax positions taken or expected to be taken in a tax return. The first step is to determine if the weight of available evidence indicates that it is more likely than not that the tax position will be sustained in an audit, including resolution of any related appeals or litigation processes. The second step is to measure the tax benefit as the largest amount that is more than 50% likely to be realized upon ultimate settlement. We recognize interest and penalties related to uncertain tax positions in our provision for income taxes line of our consolidated statements of operations.
Recent Accounting Pronouncements

Recent Accounting Pronouncements

Income Statement: In November 2024, the FASB issued ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses and also issued subsequent guidance clarifying the effective date of the initial guidance (collectively, Subtopic 220-40), which enhances the disclosures required for expense disaggregation in our annual and interim consolidated financial statements. This guidance is effective for us for our annual reporting for fiscal 2028 and for interim period reporting beginning in fiscal 2029 on a prospective basis. Both early adoption and retrospective application are permitted. We are currently evaluating the impact of our pending adoption of Subtopic 220-40 on our consolidated financial statements.

Software Development Costs: In September 2025, the FASB issued ASU 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software (ASU 2025-06), which clarifies and modernizes the accounting for internal-use software. ASU 2025-06 is effective for us in the first quarter of fiscal 2029, with early adoption permitted. The standard permits application of the guidance using a prospective, retrospective, or modified transition approach. We are currently evaluating the impact of our pending adoption of ASU 2025-06 on our consolidated financial statements.
Fair Value Measurements

We perform fair value measurements in accordance with ASC 820. ASC 820 defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required to be recorded at their fair values, we consider the principal or most advantageous market in which we would transact and consider assumptions that market participants would use when pricing the assets or liabilities, such as inherent risk, transfer restrictions and risk of nonperformance.

ASC 820 establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. An asset’s or a liability’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 establishes three levels of inputs that may be used to measure fair value:

•
Level 1: quoted prices in active markets for identical assets or liabilities;
•
Level 2: inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices in active markets for similar assets or liabilities, quoted prices for identical or similar assets or liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities; or
•
Level 3: unobservable inputs that are supported by little or no market activity and that are significant to the fair values of the assets or liabilities.
Stock-Based Compensation Expense and Valuations of Stock Awards

We estimated the fair values of our restricted stock-based awards that are solely subject to service-based vesting requirements based upon their market values as of the grant dates, discounted for the present values of expected dividends.

Segment Information

ASC 280, Segment Reporting, establishes standards for reporting information about operating segments. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision-making group, in deciding how to allocate resources and in assessing performance. Our chief operating decision makers (CODMs) are our Chief Executive Officers and Chief Technology Officer. We are organized by line of business and geographically. While our CODMs evaluate results in a number of different ways, the line of business management structure is the primary basis for which the allocation of resources and financial results are assessed.

We have three businesses—cloud and software (formerly referred to as cloud and license), hardware and services—each of which is comprised of a single operating segment. The tabular information below presents financial information, including information on segment revenues, significant segment expenses categories and amounts on a segment basis and included within each reported measure of a segment’s profit or loss, that is regularly provided to our CODMs for their review and assists our CODMs with evaluating the company’s performance and allocating company resources.
v3.26.1
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
May 31, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Non-Operating Income (Expenses), net

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Interest income

 

$

780

 

 

$

578

 

 

$

451

 

Foreign currency losses, net

 

 

(131

)

 

 

(147

)

 

 

(228

)

Noncontrolling interests in income

 

 

(222

)

 

 

(184

)

 

 

(186

)

Gains (losses) from marketable and non-marketable investments, net

 

 

2,811

 

 

 

(278

)

 

 

(303

)

Other income, net

 

 

309

 

 

 

91

 

 

 

168

 

Total non-operating income (expenses), net

 

$

3,547

 

 

$

60

 

 

$

(98

)
v3.26.1
CASH, CASH EQUIVALENTS AND MARKETABLE SECURITIES (Tables)
 12 Months Ended
May 31, 2026
Cash, Cash Equivalents, and Short-Term Investments [Abstract]  
Cash, Cash Equivalents and Marketable Securities The following table summarizes the components of our cash equivalents and marketable securities held, substantially all of which were classified as available-for-sale:

 

 

 

May 31,

 

(in millions)

 

2026

 

 

2025

 

Money market funds

 

$

23,387

 

 

$

2,220

 

Time deposits and other

 

 

739

 

 

 

585

 

Total investments

 

$

24,126

 

 

$

2,805

 

Investments classified as cash equivalents

 

$

23,521

 

 

$

2,388

 

Investments classified as marketable securities

 

$

605

 

 

$

417

 
v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
 12 Months Ended
May 31, 2026
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on a Recurring Basis

 

 

May 31, 2026

 

 

May 31, 2025

 

 

 

Fair Value Measurements
Using Input Types

 

 

 

 

 

Fair Value Measurements
Using Input Types

 

 

 

 

(in millions)

 

Level 1

 

 

Level 2

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

23,387

 

 

$

—

 

 

$

23,387

 

 

$

2,220

 

 

$

—

 

 

$

2,220

 

Time deposits and other

 

 

68

 

 

 

671

 

 

 

739

 

 

 

59

 

 

 

526

 

 

 

585

 

Derivative financial instruments

 

 

—

 

 

 

36

 

 

 

36

 

 

 

—

 

 

 

54

 

 

 

54

 

Total assets

 

$

23,455

 

 

$

707

 

 

$

24,162

 

 

$

2,279

 

 

$

580

 

 

$

2,859

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative financial instruments

 

$

—

 

 

$

—

 

 

$

—

 

 

$

—

 

 

$

26

 

 

$

26

 
v3.26.1
PROPERTY, PLANT AND EQUIPMENT (Tables)
 12 Months Ended
May 31, 2026
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

Property, plant and equipment, net consisted of the following:

 

 

 

Estimated

 

May 31,

 

(Dollars in millions)

 

Useful Life

 

2026

 

 

2025

 

Computer, network, machinery and equipment

 

1-6 years(1)

 

$

59,634

 

 

$

30,345

 

Buildings and improvements

 

1-40 years

 

 

21,263

 

 

 

10,881

 

Furniture, fixtures and other

 

5-15 years

 

 

452

 

 

 

466

 

Land

 

—

 

 

1,329

 

 

 

1,352

 

Construction in progress(2)

 

—

 

 

39,973

 

 

 

16,510

 

Total property, plant and equipment

 

1-40 years

 

 

122,651

 

 

 

59,554

 

Accumulated depreciation

 

 

 

 

(22,694

)

 

 

(16,032

)

Total property, plant and equipment, net

 

 

 

$

99,957

 

 

$

43,522

 

 

(1)
Comprised primarily of servers and networking equipment with estimated useful life of six years.
(2)
Comprised primarily of servers, networking equipment and leasehold improvements to be deployed at our data centers.
v3.26.1
INTANGIBLE ASSETS AND GOODWILL (Tables)
 12 Months Ended
May 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

The changes in intangible assets for fiscal 2026 and the net book value of intangible assets as of May 31, 2026 and 2025 were as follows:

 

 

Intangible Assets, Gross

 

 

Accumulated Amortization

 

 

Intangible Assets, Net

 

(in millions)

 

May 31,
2025

 

 

Additions

 

 

Retirements

 

 

May 31,
2026

 

 

May 31,
2025

 

 

Expense

 

 

Retirements

 

 

May 31,
2026

 

 

May 31,
2025

 

 

May 31,
2026

 

Cloud and software agreements and related relationships

 

$

9,670

 

 

$

—

 

 

$

(1,794

)

 

$

7,876

 

 

$

(6,471

)

 

$

(558

)

 

$

1,794

 

 

$

(5,235

)

 

$

3,199

 

 

$

2,641

 

Developed technology

 

 

4,143

 

 

 

287

 

 

 

(425

)

 

 

4,005

 

 

 

(3,509

)

 

 

(627

)

 

 

425

 

 

 

(3,711

)

 

 

634

 

 

 

294

 

Other

 

 

2,827

 

 

 

26

 

 

 

(173

)

 

 

2,680

 

 

 

(2,073

)

 

 

(486

)

 

 

173

 

 

 

(2,386

)

 

 

754

 

 

 

294

 

Total intangible assets, net

 

$

16,640

 

 

$

313

 

 

$

(2,392

)

 

$

14,561

 

 

$

(12,053

)

 

$

(1,671

)

 

$

2,392

 

 

$

(11,332

)

 

$

4,587

 

 

$

3,229

 
Estimated Future Amortization Expenses Related to Intangible Assets

As of May 31, 2026, estimated future amortization expenses related to intangible assets were as follows (in millions):

Fiscal 2027

 

$

731

 

Fiscal 2028

 

 

694

 

Fiscal 2029

 

 

620

 

Fiscal 2030

 

 

582

 

Fiscal 2031

 

 

377

 

Thereafter

 

 

225

 

Total intangible assets, net

 

$

3,229

 
Goodwill

The changes in the carrying amounts of goodwill, which is generally not deductible for tax purposes, for our operating segments for fiscal 2026 and 2025 were as follows:

(in millions)

 

Cloud and Software

 

 

Hardware

 

 

Services

 

 

Total Goodwill

 

Balances as of May 31, 2024

 

$

57,072

 

 

$

2,732

 

 

$

2,426

 

 

$

62,230

 

Goodwill adjustments, net(1)

 

 

(23

)

 

 

—

 

 

 

—

 

 

 

(23

)

Balances as of May 31, 2025

 

 

57,049

 

 

 

2,732

 

 

 

2,426

 

 

 

62,207

 

Goodwill adjustments, net(1)

 

 

65

 

 

 

—

 

 

 

(11

)

 

 

54

 

Balances as of May 31, 2026

 

$

57,114

 

 

$

2,732

 

 

$

2,415

 

 

$

62,261

 

 

Amounts include any changes in goodwill balances for the period presented that resulted from foreign currency translations.
v3.26.1
NOTES PAYABLE AND OTHER BORROWINGS (Tables)
 12 Months Ended
May 31, 2026
Debt Disclosure [Abstract]  
Notes Payable and Other Borrowings

Notes payable and other borrowings consisted of the following:

 

 

 

 

May 31,

 

 

 

 

2026

 

2025

(Amounts in millions)

 

Date of
Issuance

 

Amount

 

 

Effective
Interest
Rate

 

Amount

 

 

Effective
Interest
Rate

Fixed-rate senior notes:

 

 

 

 

 

 

 

 

 

 

 

 

€750, 3.125%, due July 2025(1)

 

July 2013

 

$

—

 

 

N.A

 

$

841

 

 

3.17%

$1,000, 5.80%, due November 2025

 

November 2022

 

 

—

 

 

N.A

 

 

1,000

 

 

5.93%

$2,750, 1.65%, due March 2026

 

March 2021

 

 

—

 

 

N.A

 

 

2,750

 

 

1.67%

$3,000, 2.65%, due July 2026

 

July 2016

 

 

3,000

 

 

2.73%

 

 

3,000

 

 

2.73%

$2,250, 2.80%, due April 2027

 

April 2020

 

 

2,250

 

 

2.87%

 

 

2,250

 

 

2.87%

$2,750, 3.25%, due November 2027

 

November 2017

 

 

2,750

 

 

3.29%

 

 

2,750

 

 

3.29%

$2,000, 2.30%, due March 2028

 

March 2021

 

 

2,000

 

 

2.36%

 

 

2,000

 

 

2.36%

$750, 4.50%, due May 2028

 

February 2023

 

 

750

 

 

4.60%

 

 

750

 

 

4.60%

$1,500, 4.80%, due August 2028

 

February 2025

 

 

1,500

 

 

4.94%

 

 

1,500

 

 

4.94%

$3,000, 4.55%, due February 2029(3)

 

February 2026

 

 

3,000

 

 

4.74%

 

 

—

 

 

N.A

$1,500, 4.20%, due September 2029

 

September 2024

 

 

1,500

 

 

4.27%

 

 

1,500

 

 

4.27%

$1,250, 6.15%, due November 2029

 

November 2022

 

 

1,250

 

 

6.21%

 

 

1,250

 

 

6.21%

$3,250, 2.95%, due April 2030

 

April 2020

 

 

3,250

 

 

3.00%

 

 

3,250

 

 

3.00%

$750, 4.65%, due May 2030

 

February 2023

 

 

750

 

 

4.75%

 

 

750

 

 

4.75%

$500, 3.25%, due May 2030

 

May 2015

 

 

500

 

 

3.35%

 

 

500

 

 

3.35%

$3,000, 4.45%, due September 2030(3)

 

September 2025

 

 

3,000

 

 

4.55%

 

 

—

 

 

N.A

$3,500, 4.95%, due February 2031(3)

 

February 2026

 

 

3,500

 

 

5.08%

 

 

—

 

 

N.A

$3,250, 2.875%, due March 2031

 

March 2021

 

 

3,250

 

 

2.92%

 

 

3,250

 

 

2.92%

$1,250, 5.25%, due February 2032

 

February 2025

 

 

1,250

 

 

5.36%

 

 

1,250

 

 

5.36%

$3,000, 4.80%, due September 2032(3)

 

September 2025

 

 

3,000

 

 

4.87%

 

 

—

 

 

N.A

$2,250, 6.25%, due November 2032

 

November 2022

 

 

2,250

 

 

6.32%

 

 

2,250

 

 

6.32%

$1,500, 4.90%, due February 2033

 

February 2023

 

 

1,500

 

 

4.95%

 

 

1,500

 

 

4.95%

$3,000, 5.35%, due May 2033(3)

 

February 2026

 

 

3,000

 

 

5.42%

 

 

—

 

 

N.A

$1,750, 4.30%, due July 2034

 

July 2014

 

 

1,750

 

 

4.30%

 

 

1,750

 

 

4.30%

$1,750, 4.70%, due September 2034

 

September 2024

 

 

1,750

 

 

4.77%

 

 

1,750

 

 

4.77%

$1,250, 3.90%, due May 2035

 

May 2015

 

 

1,250

 

 

4.00%

 

 

1,250

 

 

4.00%

$1,750, 5.50%, due August 2035

 

February 2025

 

 

1,750

 

 

5.55%

 

 

1,750

 

 

5.55%

$4,000, 5.20%, due September 2035(3)

 

September 2025

 

 

4,000

 

 

5.25%

 

 

—

 

 

N.A

$5,000, 5.70%, due February 2036(3)

 

February 2026

 

 

5,000

 

 

5.78%

 

 

—

 

 

N.A

$1,250, 3.85%, due July 2036

 

July 2016

 

 

1,250

 

 

3.89%

 

 

1,250

 

 

3.89%

$1,750, 3.80%, due November 2037

 

November 2017

 

 

1,750

 

 

3.86%

 

 

1,750

 

 

3.86%

$1,250, 6.50%, due April 2038

 

April 2008

 

 

1,250

 

 

6.51%

 

 

1,250

 

 

6.51%

$1,250, 6.125%, due July 2039

 

July 2009

 

 

1,250

 

 

6.17%

 

 

1,250

 

 

6.17%

$3,000, 3.60%, due April 2040

 

April 2020

 

 

3,000

 

 

3.64%

 

 

3,000

 

 

3.64%

$2,250, 5.375%, due July 2040

 

July 2010

 

 

2,250

 

 

5.45%

 

 

2,250

 

 

5.45%

$2,250, 3.65%, due March 2041

 

March 2021

 

 

2,250

 

 

3.72%

 

 

2,250

 

 

3.72%

$1,000, 4.50%, due July 2044

 

July 2014

 

 

1,000

 

 

4.50%

 

 

1,000

 

 

4.50%

$2,000, 4.125%, due May 2045

 

May 2015

 

 

2,000

 

 

4.20%

 

 

2,000

 

 

4.20%

$2,500, 5.875%, due September 2045(3)

 

September 2025

 

 

2,500

 

 

5.91%

 

 

—

 

 

N.A

$2,250, 6.55%, due February 2046(3)

 

February 2026

 

 

2,250

 

 

6.59%

 

 

—

 

 

N.A

$3,000, 4.00%, due July 2046

 

July 2016

 

 

3,000

 

 

4.03%

 

 

3,000

 

 

4.03%

$2,250, 4.00%, due November 2047

 

November 2017

 

 

2,250

 

 

4.05%

 

 

2,250

 

 

4.05%

$4,500, 3.60%, due April 2050

 

April 2020

 

 

4,500

 

 

3.64%

 

 

4,500

 

 

3.64%

$3,250, 3.95%, due March 2051

 

March 2021

 

 

3,250

 

 

3.98%

 

 

3,250

 

 

3.98%

$2,500, 6.90%, due November 2052

 

November 2022

 

 

2,500

 

 

6.94%

 

 

2,500

 

 

6.94%

$2,250, 5.55%, due February 2053

 

February 2023

 

 

2,250

 

 

5.62%

 

 

2,250

 

 

5.62%

$1,750, 5.375%, due September 2054

 

September 2024

 

 

1,750

 

 

5.43%

 

 

1,750

 

 

5.43%

$1,250, 4.375%, due May 2055

 

May 2015

 

 

1,250

 

 

4.44%

 

 

1,250

 

 

4.44%

$1,750, 6.00%, due August 2055

 

February 2025

 

 

1,750

 

 

6.04%

 

 

1,750

 

 

6.04%

$3,500, 5.95%, due September 2055(3)

 

September 2025

 

 

3,500

 

 

6.05%

 

 

—

 

 

N.A

$5,000, 6.70%, due February 2056(3)

 

February 2026

 

 

5,000

 

 

6.74%

 

 

—

 

 

N.A

$3,500, 3.85%, due April 2060

 

April 2020

 

 

3,500

 

 

3.89%

 

 

3,500

 

 

3.89%

$1,500, 4.10%, due March 2061

 

March 2021

 

 

1,500

 

 

4.13%

 

 

1,500

 

 

4.13%

 

 

 

 

May 31,

 

 

 

 

2026

 

2025

(Amounts in millions)

 

Date of
Issuance

 

Amount

 

 

Effective
Interest
Rate

 

Amount

 

 

Effective
Interest
Rate

$1,250, 5.50%, due September 2064

 

September 2024

 

 

1,250

 

 

5.55%

 

 

1,250

 

 

5.55%

$1,000, 6.125%, due August 2065

 

February 2025

 

 

1,000

 

 

6.17%

 

 

1,000

 

 

6.17%

$2,000, 6.10%, due September 2065(3)

 

September 2025

 

 

2,000

 

 

6.17%

 

 

—

 

 

N.A

$2,750, 6.85%, due February 2066(3)

 

February 2026

 

 

2,750

 

 

6.89%

 

 

—

 

 

N.A

Floating-rate senior notes:

 

 

 

 

 

 

 

 

 

 

 

 

$500, Compounded SOFR plus 0.76%, due August 2028

 

February 2025

 

 

500

 

 

4.43%

 

 

500

 

 

5.28%

$500, Compounded SOFR plus 1.11%, due February 2029(3)

 

February 2026

 

 

500

 

 

4.78%

 

 

—

 

 

N.A

Term loan credit agreements:

 

 

 

 

 

 

 

 

 

 

 

 

$5,630, SOFR plus 1.35%, due August 2027(2)

 

June 2024

 

 

5,137

 

 

5.29%

 

 

5,419

 

 

6.10%

Commercial paper notes

 

 

 

 

1,468

 

 

4.35%

 

 

2,294

 

 

4.88%

Other borrowings due August 2025

 

November 2016

 

 

—

 

 

N.A

 

 

113

 

 

3.53%

Total senior notes and other borrowings

 

 

 

$

130,105

 

 

 

 

$

92,917

 

 

 

Unamortized discount/issuance costs

 

 

 

 

(564

)

 

 

 

 

(348

)

 

 

Hedge accounting fair value adjustments(1)

 

 

 

 

—

 

 

 

 

 

(1

)

 

 

Total notes payable and other borrowings

 

 

 

$

129,541

 

 

 

 

$

92,568

 

 

 

Notes payable and other borrowings, current

 

 

 

$

7,199

 

 

 

 

$

7,271

 

 

 

Notes payable and other borrowings, non-current

 

 

 

$

122,342

 

 

 

 

$

85,297

 

 

 

 

(1)
In fiscal 2018 we entered into certain cross-currency interest rate swap agreements that have the economic effect of converting our fixed-rate, Euro-denominated debt, including annual interest payments and the payment of principal at maturity, to a variable-rate, U.S. Dollar-denominated debt of $871 million based on LIBOR. The effective interest rates as of May 31, 2025 after consideration of the cross-currency interest rate swap agreements were 7.77% for the July 2025 Notes. Refer to Note 1 for a description of our accounting for fair value hedges. The July 2025 Notes were repaid in full upon maturity in July 2025.
(2)
In fiscal 2023, we entered into certain interest rate swap agreements that have the economic effect of converting our $4.7 billion of floating-rate borrowings pursuant to the Term Loan Credit Agreement (defined below) until its repayment and subsequently, borrowings under the Term Loan Credit Agreement 2 (defined below) for the same amount to fixed-rate borrowings with a fixed annual interest rate of 3.07%, plus a margin depending on the credit rating assigned to our long-term senior unsecured debt, as further discussed below. The effective interest rates after consideration of the interest rate swap agreements were 4.74% for each of fiscal 2026 and 2025, for borrowings under the Term Loan Credit Agreement 2 (defined below). Refer to Note 1 for a description of our accounting for cash flow hedges.
(3)
In fiscal 2026, we issued $43.0 billion of senior notes for general corporate purposes, which may include capital expenditures, repayment of indebtedness, future investments or acquisitions and payment of cash dividends on or repurchases of our common stock.
Future Principal Payments for all Borrowings

Future principal payments for all of our borrowings at May 31, 2026 were as follows (in millions):

 

Fiscal 2027

 

$

7,210

 

Fiscal 2028

 

 

10,145

 

Fiscal 2029

 

 

5,500

 

Fiscal 2030

 

 

7,250

 

Fiscal 2031

 

 

9,750

 

Thereafter

 

 

90,250

 

Total

 

$

130,105

 
v3.26.1
RESTRUCTURING AND OTHER EXPENSES (Tables)
 12 Months Ended
May 31, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Other Expenses

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Restructuring

 

$

1,779

 

 

$

299

 

 

$

404

 

Other, net

 

 

59

 

 

 

75

 

 

 

314

 

Total restructuring and other expenses

 

$

1,838

 

 

$

374

 

 

$

718

 
Summary of All Plans

Fiscal 2026 Activity

 

 

 

Accrued

 

 

Year Ended May 31, 2026

 

 

Accrued

 

 

Total
Costs

 

 

Total
Expected

 

(in millions)

 

May 31,
2025(2)

 

 

Initial
Costs(3)

 

 

Adj. to
Cost(4)

 

 

Cash
Payments

 

 

Others(5)

 

 

May 31,
2026(2)

 

 

Accrued
to Date

 

 

Program
Costs

 

Fiscal 2026 Oracle Restructuring Plan(1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cloud and software

 

$

—

 

 

$

601

 

 

$

58

 

 

$

(439

)

 

$

(1

)

 

$

219

 

 

$

659

 

 

$

786

 

Hardware

 

 

—

 

 

 

75

 

 

 

3

 

 

 

(49

)

 

 

—

 

 

 

29

 

 

 

78

 

 

 

83

 

Services

 

 

—

 

 

 

290

 

 

 

17

 

 

 

(157

)

 

 

(1

)

 

 

149

 

 

 

307

 

 

 

399

 

Other

 

 

—

 

 

 

674

 

 

 

86

 

 

 

(591

)

 

 

1

 

 

 

170

 

 

 

760

 

 

 

835

 

Total Fiscal 2026 Oracle Restructuring Plan

 

$

—

 

 

$

1,640

 

 

$

164

 

 

$

(1,236

)

 

$

(1

)

 

$

567

 

 

$

1,804

 

 

$

2,103

 

Total other restructuring plans(6)

 

$

212

 

 

$

—

 

 

$

(25

)

 

$

(105

)

 

$

4

 

 

$

86

 

 

 

 

 

 

 

Total restructuring plans

 

$

212

 

 

$

1,640

 

 

$

139

 

 

$

(1,341

)

 

$

3

 

 

$

653

 

 

 

 

 

 

 

 

Fiscal 2025 Activity

 

 

 

Accrued

 

 

Year Ended May 31, 2025

 

 

Accrued

 

(in millions)

 

May 31,
2024

 

 

Initial
Costs(3)

 

 

Adj. to
Cost(4)

 

 

Cash
Payments

 

 

Others(5)

 

 

May 31,
2025(2)

 

Fiscal 2024 Oracle Restructuring Plan(1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cloud and software

 

$

87

 

 

$

115

 

 

$

(6

)

 

$

(118

)

 

$

1

 

 

$

79

 

Hardware

 

 

4

 

 

 

17

 

 

 

—

 

 

 

(11

)

 

 

—

 

 

 

10

 

Services

 

 

12

 

 

 

37

 

 

 

—

 

 

 

(28

)

 

 

1

 

 

 

22

 

Other

 

 

49

 

 

 

153

 

 

 

(2

)

 

 

(142

)

 

 

2

 

 

 

60

 

Total Fiscal 2024 Oracle Restructuring Plan

 

$

152

 

 

$

322

 

 

$

(8

)

 

$

(299

)

 

$

4

 

 

$

171

 

Total other restructuring plans(6)

 

$

84

 

 

$

—

 

 

$

(15

)

 

$

(29

)

 

$

1

 

 

$

41

 

Total restructuring plans

 

$

236

 

 

$

322

 

 

$

(23

)

 

$

(328

)

 

$

5

 

 

$

212

 

 

Fiscal 2024 Activity

 

 

 

Accrued

 

 

Year Ended May 31, 2024

 

 

Accrued

 

(in millions)

 

May 31,
2023

 

 

Initial
Costs(3)

 

 

Adj. to
Cost(4)

 

 

Cash
Payments

 

 

Others(5)

 

 

May 31,
2024

 

Fiscal 2024 Oracle Restructuring Plan(1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cloud and software

 

$

—

 

 

$

204

 

 

$

(9

)

 

$

(108

)

 

$

—

 

 

$

87

 

Hardware

 

 

—

 

 

 

9

 

 

 

—

 

 

 

(5

)

 

 

—

 

 

 

4

 

Services

 

 

—

 

 

 

46

 

 

 

(1

)

 

 

(33

)

 

 

—

 

 

 

12

 

Other

 

 

—

 

 

 

188

 

 

 

(5

)

 

 

(134

)

 

 

—

 

 

 

49

 

Total Fiscal 2024 Oracle Restructuring Plan

 

$

—

 

 

$

447

 

 

$

(15

)

 

$

(280

)

 

$

—

 

 

$

152

 

Total other restructuring plans(6)

 

$

199

 

 

$

—

 

 

$

(28

)

 

$

(89

)

 

$

2

 

 

$

84

 

Total restructuring plans

 

$

199

 

 

$

447

 

 

$

(43

)

 

$

(369

)

 

$

2

 

 

$

236

 

 

(1)
Restructuring costs recorded to each of the operating segments presented primarily related to employee severance costs. Other restructuring costs represented employee severance costs not related to our operating segments and certain other restructuring plan costs.
(2)
As of May 31, 2026, $581 million and $72 million were recorded in other current liabilities and other non-current liabilities, respectively, within our consolidated balance sheets. As of May 31, 2025, substantially all restructuring liabilities have been recorded in other current liabilities within our consolidated balance sheets.
(3)
Costs recorded for the respective restructuring plans during the period presented.
(4)
All plan adjustments were changes in estimates whereby increases and decreases in costs were generally recorded to operating expenses in the period of adjustments.
(5)
Represents foreign currency translation and certain other non-cash adjustments.
(6)
Other restructuring plans presented in the tables above included condensed information for other Oracle based plans and other plans associated with certain of our acquisitions whereby we continued to make cash outlays to settle obligations under these plans during the periods presented but for which the periodic impact to our consolidated statements of operations was not significant.
v3.26.1
DEFERRED REVENUES (Tables)
 12 Months Ended
May 31, 2026
Deferred Revenue Disclosure [Abstract]  
Deferred Revenues

Deferred revenues consisted of the following:

 

 

May 31,

 

(in millions)

 

2026

 

 

2025

 

Cloud

 

$

3,228

 

 

$

2,959

 

Software

 

 

5,662

 

 

 

5,350

 

Hardware

 

 

521

 

 

 

614

 

Services

 

 

505

 

 

 

464

 

Deferred revenues, current

 

 

9,916

 

 

 

9,387

 

Deferred revenues, non-current (in other non-current liabilities)

 

 

5,479

 

 

 

1,346

 

Total deferred revenues

 

$

15,395

 

 

$

10,733

 
v3.26.1
LEASES, OTHER COMMITMENTS AND CERTAIN CONTINGENCIES (Tables)
 12 Months Ended
May 31, 2026
Leases Other Commitments And Certain Contingencies Disclosure [Abstract]  
Components of Lease Expense

The components of lease expense were as follows:

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Operating lease cost

 

$

2,794

 

 

$

1,716

 

 

$

1,159

 

Finance lease cost:

 

 

 

 

 

 

 

 

 

Amortization of ROU assets

 

$

351

 

 

$

48

 

 

$

—

 

Interest on lease liabilities

 

 

279

 

 

 

38

 

 

 

—

 

Total finance lease cost

 

$

630

 

 

$

86

 

 

$

—

 

 
Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows:

 

 

As of May 31,

 

(Dollars in millions)

 

2026

 

 

2025

 

Operating leases:

 

 

 

 

 

 

Operating lease ROU assets

 

$

29,690

 

 

$

13,145

 

Operating lease liabilities:

 

 

 

 

 

 

Operating lease liabilities, current

 

$

3,542

 

 

$

1,914

 

Operating lease liabilities, non-current

 

 

26,648

 

 

 

11,536

 

Total operating lease liabilities

 

$

30,190

 

 

$

13,450

 

Weighted average remaining lease term

 

12 years

 

 

10 years

 

Weighted average discount rate

 

5.7%

 

 

5.3%

 

Finance leases:

 

 

 

 

 

 

Finance lease ROU assets

 

$

7,464

 

 

$

2,874

 

Finance lease liabilities:

 

 

 

 

 

 

Finance lease liabilities, current

 

$

620

 

 

$

257

 

Finance lease liabilities, non-current

 

 

7,081

 

 

 

2,677

 

Total finance lease liabilities

 

$

7,701

 

 

$

2,934

 

Weighted average remaining lease term

 

14 years

 

 

15 years

 

Weighted average discount rate

 

5.7%

 

 

5.5%

 
Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases was as follows:

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

 

 

 

Operating leases

 

$

2,548

 

 

$

1,685

 

 

$

1,168

 

Finance leases

 

$

452

 

 

$

27

 

 

$

—

 

ROU assets obtained in exchange for lease obligations:

 

 

 

 

 

 

 

 

 

Operating leases

 

$

18,246

 

 

$

6,970

 

 

$

4,246

 

Finance leases

 

$

4,946

 

 

$

2,921

 

 

$

—

 
Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities were as follows as of May 31, 2026 (in millions):

 

 

 

Operating
Leases

 

 

Finance
Leases

 

Fiscal 2027

 

$

3,712

 

 

$

656

 

Fiscal 2028

 

 

3,603

 

 

 

676

 

Fiscal 2029

 

 

3,550

 

 

 

697

 

Fiscal 2030

 

 

3,550

 

 

 

718

 

Fiscal 2031

 

 

3,519

 

 

 

740

 

Thereafter

 

 

23,933

 

 

 

7,973

 

Total lease payments

 

 

41,867

 

 

 

11,460

 

Less: imputed interest

 

 

(11,677

)

 

 

(3,759

)

Total lease liability

 

$

30,190

 

 

$

7,701

 

 

29
Unconditional Purchase and Certain Other Obligations

As of May 31, 2026, our unconditional purchase and certain other obligations, which were primarily related to data center power arrangements, were as follows (in millions):

 

Fiscal 2027

 

$

1,841

 

Fiscal 2028

 

 

1,034

 

Fiscal 2029

 

 

1,053

 

Fiscal 2030

 

 

952

 

Fiscal 2031

 

 

896

 

Thereafter

 

 

7,533

 

Total

 

$

13,309

 
v3.26.1
STOCKHOLDERS' EQUITY (Tables)
 12 Months Ended
May 31, 2026
Stockholders' Equity Note [Abstract]  
Accumulated Other Comprehensive Loss

The following table summarizes, as of each balance sheet date, the components of our AOCL, net of income taxes:

 

 

 

May 31,

 

(in millions)

 

2026

 

 

2025

 

Foreign currency translation losses

 

$

(1,566

)

 

$

(1,334

)

Unrealized gains on defined benefit plans, net

 

 

150

 

 

 

105

 

Unrealized gains on cash flow hedges, net

 

 

36

 

 

 

54

 

Total accumulated other comprehensive loss

 

$

(1,380

)

 

$

(1,175

)
v3.26.1
EMPLOYEE BENEFIT PLANS (Tables)
 12 Months Ended
May 31, 2026
Employee Benefit and Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Summary of Restricted Stock Based Award Activity

The following table summarizes restricted stock-based award activity granted pursuant to Oracle-based stock plans for our last three fiscal years ended May 31, 2026:

 

 

Restricted Stock-Based Awards Outstanding

 

(in millions, except fair value)

 

Number of
Shares

 

 

Weighted-Average
Grant Date Fair Value

 

Balance, May 31, 2023

 

 

152

 

 

$

69.09

 

Granted

 

 

47

 

 

$

110.26

 

Vested and issued

 

 

(53

)

 

$

66.97

 

Canceled

 

 

(8

)

 

$

77.52

 

Balance, May 31, 2024

 

 

138

 

 

$

83.43

 

Granted

 

 

38

 

 

$

159.11

 

Vested and issued

 

 

(52

)

 

$

78.30

 

Canceled

 

 

(7

)

 

$

99.44

 

Balance, May 31, 2025

 

 

117

 

 

$

108.91

 

Granted

 

 

23

 

 

$

243.23

 

Vested and issued

 

 

(47

)

 

$

98.06

 

Canceled

 

 

(12

)

 

$

132.82

 

Balance, May 31, 2026

 

 

81

 

 

$

149.88

 
Summary of Stock Option Activity

The following table summarizes stock option activity, including SOs and PSOs, and includes awards granted pursuant to the 2020 Plan and stock plans assumed from our acquisitions for our last three fiscal years ended May 31, 2026:

 

 

Options Outstanding

 

(in millions, except exercise price)

 

Shares Under
Stock Option

 

 

Weighted-Average
Exercise Price

 

Balance, May 31, 2023

 

 

64

 

 

$

45.42

 

Granted and assumed

 

 

2

 

 

$

113.91

 

Exercised

 

 

(15

)

 

$

34.84

 

Balance, May 31, 2024

 

 

51

 

 

$

51.05

 

Granted

 

 

—

 

 

$

—

 

Exercised

 

 

(10

)

 

$

44.84

 

Balance, May 31, 2025

 

 

41

 

 

$

52.58

 

Granted

 

 

15

 

 

$

279.53

 

Exercised

 

 

(25

)

 

$

50.04

 

Canceled

 

 

(10

)

 

$

60.51

 

Balance, May 31, 2026

 

 

21

 

 

$

217.63

 

Stock options outstanding that have vested and that are expected to vest as of May 31, 2026 were as follows:

 

 

Outstanding
Stock Options
(in millions)

 

 

Weighted-Average
Exercise Price

 

 

Weighted-Average
Remaining Contract Term
(in years)

 

 

Aggregate
Intrinsic Value(1) 
(in millions)

 

Vested

 

 

5

 

 

$

49.37

 

 

 

1.64

 

 

$

789

 

Expected to vest(2)

 

 

15

 

 

$

275.90

 

 

 

9.35

 

 

 

95

 

Total

 

 

20

 

 

$

223.97

 

 

 

7.58

 

 

$

884

 

 

(1)
The aggregate intrinsic value was calculated based on the gross difference between our closing stock price on the last trading day of fiscal 2026 of $225.78 and the exercise prices for all “in-the-money” options outstanding, excluding tax effects.
(2)
The unrecognized compensation expense calculated under the fair value method for shares expected to vest as of May 31, 2026 was $1.8 billion and is expected to be recognized over a weighted-average period of 3.30 years. Approximately 1 million shares outstanding as of May 31, 2026 were not expected to vest.
Weighted-average Input Assumptions Used and Resulting Fair Values of Stock Options The weighted-average input assumptions used and resulting fair values of our SOs and PSOs were as follows for fiscal 2026:

 

Expected life (in years)

 

 

6.7

 

Risk-free interest rate

 

3.8%

 

Volatility

 

51%

 

Dividend yield

 

0.7%

 

Weighted-average fair value per share

 

$

142.64

 
Stock-Based Compensation Expense

Stock-based compensation expense was included in the following operating expense line items in our consolidated statements of operations:

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Cloud and software

 

$

622

 

 

$

609

 

 

$

525

 

Hardware

 

 

27

 

 

 

29

 

 

 

23

 

Services

 

 

210

 

 

 

202

 

 

 

167

 

Sales and marketing

 

 

759

 

 

 

757

 

 

 

667

 

Research and development

 

 

2,805

 

 

 

2,638

 

 

 

2,225

 

General and administrative

 

 

388

 

 

 

439

 

 

 

367

 

Total stock-based compensation

 

$

4,811

 

 

$

4,674

 

 

$

3,974

 

Estimated income tax benefit included in provision for income taxes

 

 

(1,100

)

 

 

(1,050

)

 

 

(913

)

Total stock-based compensation, net of estimated income tax benefit

 

$

3,711

 

 

$

3,624

 

 

$

3,061

 
v3.26.1
INCOME TAXES (Tables)
 12 Months Ended
May 31, 2026
Income Tax Disclosure [Abstract]  
Geographical Breakdown of Income Before Income Taxes

The following is a geographical breakdown of income before income taxes:

 

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Domestic

 

$

8,693

 

 

$

4,376

 

 

$

3,023

 

Foreign

 

 

10,861

 

 

 

9,784

 

 

 

8,718

 

Income before income taxes

 

$

19,554

 

 

$

14,160

 

 

$

11,741

 
Components of Provision for Income Taxes

The provision for income taxes consisted of the following:

 

 

 

Year Ended May 31,

 

(Dollars in millions)

 

2026

 

 

2025

 

 

2024

 

Current provision:

 

 

 

 

 

 

 

 

 

Federal

 

$

1,072

 

 

$

1,172

 

 

$

999

 

State

 

 

307

 

 

 

196

 

 

 

420

 

Foreign

 

 

2,005

 

 

 

1,986

 

 

 

1,994

 

Total current provision

 

$

3,384

 

 

$

3,354

 

 

$

3,413

 

Deferred benefit:

 

 

 

 

 

 

 

 

 

Federal

 

$

(1,783

)

 

$

(2,208

)

 

$

(2,020

)

State

 

 

(152

)

 

 

(202

)

 

 

(280

)

Foreign

 

 

1,018

 

 

 

773

 

 

 

161

 

Total deferred benefit

 

$

(917

)

 

$

(1,637

)

 

$

(2,139

)

Total provision for income taxes

 

$

2,467

 

 

$

1,717

 

 

$

1,274

 

Effective income tax rate

 

12.6%

 

 

12.1%

 

 

10.9%

 
Reconciliation of Differences Between Federal Statutory Tax Rate and Effective Tax Rate The following table reconciles the provision for income taxes to the amount computed by applying the statutory U.S. federal income tax rate to income before income taxes for the year ended May 31, 2026:

 

(Dollars in millions)

 

Amount

 

 

Percent

U.S. federal statutory income tax rate

 

$

4,106

 

 

21.0%

Foreign tax effects

 

 

(77

)

 

-0.4%

Switzerland

 

 

 

 

 

Statutory tax rate difference between Switzerland and U.S.

 

 

(377

)

 

-1.9%

Other

 

 

21

 

 

0.1%

Malta

 

 

 

 

 

Statutory tax rate difference between Malta and U.S.

 

 

255

 

 

1.3%

Equity allowance

 

 

(546

)

 

-2.8%

Other

 

 

(78

)

 

-0.4%

Bermuda

 

 

 

 

 

Statutory tax rate difference between Bermuda and U.S.

 

 

(105

)

 

-0.5%

Income exclusion

 

 

(263

)

 

-1.4%

Other foreign jurisdictions

 

 

1,016

 

 

5.2%

Effect of changes in tax laws or rates enacted in the current period(1)

 

 

933

 

 

4.8%

Tax credits

 

 

(1,587

)

 

-8.1%

Federal research and development credit

 

 

(621

)

 

-3.2%

Foreign tax credits

 

 

(965

)

 

-4.9%

Other

 

 

(1

)

 

0.0%

Nontaxable or nondeductible items

 

 

(1,970

)

 

-10.1%

Stock-based compensation

 

 

(2,062

)

 

-10.6%

Other

 

 

92

 

 

0.5%

Changes in unrecognized tax benefits

 

 

847

 

 

4.3%

Other adjustments(2)

 

 

215

 

 

1.1%

Effective income tax rate

 

$

2,467

 

 

12.6%

(1)
Primarily related to the tax effects of enactment of the U.S. One, Big, Beautiful Bill Act.
(2)
Includes the tax effects of changes in valuation allowances, effect of cross-border tax laws and state taxes, net of federal benefit. California, Virginia and Missouri represent the majority of the state taxes net of federal benefit.

The following table reconciles the provision for income taxes to the amount computed by applying the statutory U.S. federal income tax rate to income before income taxes for the year ended May 31, 2025 and 2024:

 

 

 

Year Ended May 31,

 

(Dollars in millions)

 

2025

 

 

2024

 

U.S. federal statutory income tax rate

 

21.0%

 

 

21.0%

 

Tax provision at statutory rate

 

$

2,974

 

 

$

2,466

 

Foreign earnings at other than U.S. rates

 

 

(381

)

 

 

(262

)

State tax expense, net of federal benefit

 

 

128

 

 

 

81

 

Settlements and releases from judicial decisions and statute expirations, net

 

 

(149

)

 

 

(124

)

Tax contingency interest accrual, net

 

 

322

 

 

 

157

 

Domestic tax contingency, net

 

 

75

 

 

 

131

 

Federal research and development credit

 

 

(411

)

 

 

(372

)

Stock-based compensation

 

 

(801

)

 

 

(624

)

Realization of a one-time tax attribute

 

 

—

 

 

 

(235

)

Other, net

 

 

(40

)

 

 

56

 

Total provision for income taxes

 

$

1,717

 

 

$

1,274

 
Schedule of Cash Paid for Income Taxes, Net of Refunds Received, by Jurisdiction

Cash paid for income taxes, net of refunds received, by jurisdiction pursuant to the disclosure requirements of ASU 2023-09 for the year ended May 31, 2026 was as follows (in millions):

 

Federal

 

$

2,460

 

State(1)

 

 

249

 

Foreign

 

 

 

Korea

 

 

(262

)

Japan

 

 

203

 

India

 

 

193

 

Other

 

 

861

 

Total cash paid for income taxes, net of refunds received

 

$

3,704

 

(1)
No individual state accounted for more than 5%.
Components of Deferred Tax Liabilities and Assets

The components of our deferred tax assets and liabilities were as follows:

 

 

 

May 31,

 

(in millions)

 

2026

 

 

2025

 

Deferred tax assets:

 

 

 

 

 

 

Accruals and allowances

 

$

1,195

 

 

$

790

 

Employee compensation and benefits

 

 

1,006

 

 

 

1,068

 

Differences in timing of revenue recognition

 

 

970

 

 

 

894

 

Lease liabilities

 

 

9,333

 

 

 

3,279

 

Basis of property, plant and equipment and intangible assets

 

 

6,882

 

 

 

7,800

 

Capitalized research and development

 

 

5,784

 

 

 

4,153

 

Tax credit and net operating loss carryforwards

 

 

6,602

 

 

 

5,857

 

Total deferred tax assets

 

 

31,772

 

 

 

23,841

 

Valuation allowance

 

 

(2,483

)

 

 

(1,962

)

Total deferred tax assets, net

 

 

29,289

 

 

 

21,879

 

Deferred tax liabilities:

 

 

 

 

 

 

Acquired intangible assets

 

 

(544

)

 

 

(920

)

GILTI deferred

 

 

(6,852

)

 

 

(6,949

)

ROU assets

 

 

(9,181

)

 

 

(3,207

)

Withholding taxes on foreign earnings

 

 

(424

)

 

 

(364

)

Other

 

 

(1,069

)

 

 

(191

)

Total deferred tax liabilities

 

 

(18,070

)

 

 

(11,631

)

Net deferred tax assets

 

$

11,219

 

 

$

10,248

 

Recorded as:

 

 

 

 

 

 

Non-current deferred tax assets

 

$

11,541

 

 

$

11,877

 

Non-current deferred tax liabilities

 

 

(322

)

 

 

(1,629

)

Net deferred tax assets

 

$

11,219

 

 

$

10,248

 
Gross Unrecognized Tax Benefits, Including Acquisitions The aggregate changes in the balance of our gross unrecognized tax benefits, including acquisitions, were as follows:

 

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Gross unrecognized tax benefits as of June 1

 

$

9,438

 

 

$

8,785

 

 

$

7,715

 

Increases related to tax positions from prior fiscal years

 

 

192

 

 

 

239

 

 

 

492

 

Decreases related to tax positions from prior fiscal years

 

 

(70

)

 

 

(98

)

 

 

(128

)

Increases related to tax positions taken during current fiscal year

 

 

931

 

 

 

846

 

 

 

889

 

Settlements with tax authorities

 

 

(171

)

 

 

(161

)

 

 

(46

)

Lapses of statutes of limitation

 

 

(216

)

 

 

(162

)

 

 

(129

)

Cumulative translation adjustments and other, net

 

 

22

 

 

 

(11

)

 

 

(8

)

Total gross unrecognized tax benefits as of May 31

 

$

10,126

 

 

$

9,438

 

 

$

8,785

 
v3.26.1
SEGMENT INFORMATION (Tables)
 12 Months Ended
May 31, 2026
Segment Reporting [Abstract]  
Summary of Businesses Results

The following table presents summary results for each of our three businesses for each of fiscal 2026, 2025 and 2024:

 

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Cloud and software:

 

 

 

 

 

 

 

 

 

Revenues

 

$

58,530

 

 

$

49,230

 

 

$

44,464

 

Cloud and software expenses

 

 

16,850

 

 

 

10,827

 

 

 

8,783

 

Sales and marketing expenses

 

 

7,212

 

 

 

7,473

 

 

 

7,167

 

Margin(1)

 

$

34,468

 

 

$

30,930

 

 

$

28,514

 

Hardware:

 

 

 

 

 

 

 

 

 

Revenues

 

$

3,084

 

 

$

2,936

 

 

$

3,066

 

Hardware expenses

 

 

832

 

 

 

742

 

 

 

855

 

Sales and marketing expenses

 

 

235

 

 

 

276

 

 

 

296

 

Margin(1)

 

$

2,017

 

 

$

1,918

 

 

$

1,915

 

Services:

 

 

 

 

 

 

 

 

 

Revenues

 

$

5,743

 

 

$

5,233

 

 

$

5,431

 

Expenses

 

 

4,210

 

 

 

4,240

 

 

 

4,515

 

Margin(1)

 

$

1,533

 

 

$

993

 

 

$

916

 

Totals:

 

 

 

 

 

 

 

 

 

Revenues

 

$

67,357

 

 

$

57,399

 

 

$

52,961

 

Expenses

 

 

29,339

 

 

 

23,558

 

 

 

21,616

 

Margin(1)

 

$

38,018

 

 

$

33,841

 

 

$

31,345

 

 

(1)
The margins reported reflect only the direct controllable costs of each line of business and do not include allocations of research and development, general and administrative and certain other allocable expenses, net. Additionally, the margins reported above do not reflect amortization of intangible assets, restructuring and other expenses, stock-based compensation, interest expense or certain other non-operating income (expenses),
net. Refer to the table below for a reconciliation of our total margin for operating segments to our income before income taxes as reported per our consolidated statements of operations.
Reconciliation of Total Margin for Operating Segment to Income before Income Taxes

The following table reconciles total margin for operating segments to income before income taxes:

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Total margin for operating segments

 

$

38,018

 

 

$

33,841

 

 

$

31,345

 

Research and development

 

 

(10,272

)

 

 

(9,860

)

 

 

(8,915

)

General and administrative

 

 

(1,618

)

 

 

(1,602

)

 

 

(1,548

)

Amortization of intangible assets

 

 

(1,671

)

 

 

(2,307

)

 

 

(3,010

)

Restructuring and other

 

 

(1,838

)

 

 

(374

)

 

 

(718

)

Stock-based compensation for operating segments

 

 

(1,618

)

 

 

(1,597

)

 

 

(1,382

)

Expense allocations and other, net

 

 

(395

)

 

 

(423

)

 

 

(419

)

Interest expense

 

 

(4,599

)

 

 

(3,578

)

 

 

(3,514

)

Non-operating income (expenses), net

 

 

3,547

 

 

 

60

 

 

 

(98

)

Income before income taxes

 

$

19,554

 

 

$

14,160

 

 

$

11,741

 
Disaggregation of Revenue by Geography

The following table presents a summary of our total revenues by geographic region, which are generally based on the location of our customers:

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Americas

 

$

44,478

 

 

$

36,339

 

 

$

33,122

 

EMEA(1)

 

 

15,297

 

 

 

14,025

 

 

 

13,030

 

Asia Pacific

 

 

7,582

 

 

 

7,035

 

 

 

6,809

 

Total revenues

 

$

67,357

 

 

$

57,399

 

 

$

52,961

 

 

(1)
Comprises Europe, the Middle East and Africa

The following table presents our software revenues by offerings:

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Software license

 

$

4,737

 

 

$

5,201

 

 

$

5,081

 

Software support

 

 

19,804

 

 

 

19,523

 

 

 

19,609

 

Total software revenues

 

$

24,541

 

 

$

24,724

 

 

$

24,690

 

The following table presents our cloud revenues by offerings:

 

 

Year Ended May 31,

 

(in millions)

 

2026

 

 

2025

 

 

2024

 

Cloud applications

 

$

15,888

 

 

$

14,272

 

 

$

12,934

 

Cloud infrastructure

 

 

18,101

 

 

 

10,234

 

 

 

6,840

 

Total cloud revenues

 

$

33,989

 

 

$

24,506

 

 

$

19,774

 

 
Geographic Information

Disclosed in the table below is geographic information for each country that comprised greater than three percent of our total revenues for any of fiscal 2026, 2025 or 2024:

 

 

 

As of and for the Year Ended May 31,

 

 

 

2026

 

 

2025

 

 

2024

 

(in millions)

 

Revenues

 

 

Long-Lived
Assets(1)

 

 

Revenues

 

 

Long-Lived
Assets(1)

 

 

Revenues

 

 

Long-Lived
Assets(1)

 

U.S.

 

$

39,835

 

 

$

102,717

 

 

$

32,075

 

 

$

45,439

 

 

$

29,055

 

 

$

24,798

 

United Kingdom

 

 

2,816

 

 

 

3,903

 

 

 

2,594

 

 

 

2,530

 

 

 

2,423

 

 

 

1,164

 

Germany

 

 

1,993

 

 

 

2,432

 

 

 

1,817

 

 

 

2,013

 

 

 

1,794

 

 

 

1,192

 

Japan

 

 

1,870

 

 

 

3,183

 

 

 

1,759

 

 

 

2,320

 

 

 

1,662

 

 

 

1,144

 

Other countries

 

 

20,843

 

 

 

21,029

 

 

 

19,154

 

 

 

7,841

 

 

 

18,027

 

 

 

3,962

 

Total

 

$

67,357

 

 

$

133,264

 

 

$

57,399

 

 

$

60,143

 

 

$

52,961

 

 

$

32,260

 

 

(1)
Long-lived assets exclude goodwill, intangible assets, non-marketable investments and deferred taxes, which are not allocated to specific geographic locations as it is impracticable to do so.
v3.26.1
EARNINGS PER SHARE (Tables)
 12 Months Ended
May 31, 2026
Earnings Per Share [Abstract]  
Earnings Per Share The following table sets forth the computation of basic and diluted earnings per share attributable to common shareholders:

 

 

 

Year Ended May 31,

 

(in millions, except per share data)

 

2026

 

 

2025

 

 

2024

 

Net income

 

$

17,087

 

 

$

12,443

 

 

$

10,467

 

Preferred stock dividends

 

 

103

 

 

 

—

 

 

 

—

 

Net income available to common shareholders

 

$

16,984

 

 

$

12,443

 

 

$

10,467

 

Weighted-average common shares outstanding

 

 

2,860

 

 

 

2,789

 

 

 

2,744

 

Dilutive effect of employee stock plans

 

 

54

 

 

 

77

 

 

 

79

 

Dilutive weighted-average common shares outstanding

 

 

2,914

 

 

 

2,866

 

 

 

2,823

 

Basic earnings per share attributable to common shareholders

 

$

5.94

 

 

$

4.46

 

 

$

3.82

 

Diluted earnings per share attributable to common shareholders

 

$

5.83

 

 

$

4.34

 

 

$

3.71

 

Stock awards and shares excluded from calculation(1)

 

 

31

 

 

 

23

 

 

 

27

 

 

(1)
Consists of: (1) anti-dilutive restricted stock-based awards and stock options, both of which were service-based, as calculated using the treasury stock method, (2) anti-dilutive Mandatory Convertible Preferred Stock as calculated using the if-converted method and (3) contingently issuable shares pursuant to PSO arrangements as the performance conditions were not met. These excluded stock awards and shares could be dilutive in the future. See Note 11 for information regarding our stock-based compensation plans.
v3.26.1
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES Narrative (Details)
 12 Months Ended
Nov. 25, 2025
USD ($)
May 31, 2026
USD ($)
Business
May 31, 2025
USD ($)
May 31, 2024
USD ($)
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]        
Number of businesses | Business   3    
Contract with Customer, Asset and Liability [Abstract]        
Revenues recognized included in opening deferred revenues balance     $ 9,400,000,000 $ 9,300,000,000
Revenue, Performance Obligation [Abstract]        
Remaining performance obligation, amount   $ 638,000,000,000    
Customer Prepayments and Sales of Financing Receivables [Abstract]        
Proceeds of prepayments from customers   4,600,000,000 0 0
Sales of financing receivables   1,900,000,000 1,600,000,000 1,400,000,000
Equity Securities, FV-NI and without Readily Determinable Fair Value [Abstract]        
Marketable debt instrument investments and equity securities and related instruments   605,000,000 417,000,000  
Non-marketable debt investments and equity securities and related instruments   2,300,000,000 2,100,000,000  
Received cash proceeds in exchange of equity, debt and call option interests $ 4,300,000,000      
Realized gain   2,700,000,000    
Goodwill, Intangible Assets and Impairment Assessments [Abstract]        
Goodwill impairment loss   0 0 0
Foreign Currency [Abstract]        
Net foreign exchange transaction losses included in non-operating income (expenses), net   $ 131,000,000 $ 147,000,000 $ 228,000,000
Stock-Based Compensation [Abstract]        
Service period of award   4 years    
TikTok USDS Joint Venture LLC [Member]        
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]        
Ownership interest, percent   15.00%    
Accounting Standards Update 2023-09 [Member]        
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]        
Accounting Standards Update, Adopted   true    
Minimum [Member]        
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]        
Useful life of asset   1 year    
Property, Plant and Equipment [Abstract]        
Property, plant and equipment, estimated useful lives   1 year    
Maximum [Member]        
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]        
Useful life of asset   10 years    
Property, Plant and Equipment [Abstract]        
Property, plant and equipment, estimated useful lives   40 years    
Employee Stock Option        
Stock-Based Compensation [Abstract]        
Equity awards percentage   100.00%    
Employee Stock Option | Employee Choice Program [Member]        
Stock-Based Compensation [Abstract]        
Equity awards percentage   50.00%    
Restricted Stock Units (RSUs) [Member]        
Stock-Based Compensation [Abstract]        
Equity awards percentage   100.00%    
Restricted Stock Units (RSUs) [Member] | Employee Choice Program [Member]        
Stock-Based Compensation [Abstract]        
Equity awards percentage   50.00%    
v3.26.1
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES Narrative (Details1)
May 31, 2026
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2026-06-01  
Revenue, Performance Obligation [Abstract]  
Remaining performance obligation, percentage 12.00%
Revenue, remaining performance obligation, expected timing of satisfaction, period 12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2027-06-01  
Revenue, Performance Obligation [Abstract]  
Remaining performance obligation, percentage 34.00%
Revenue, remaining performance obligation, expected timing of satisfaction, period 2 years
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2029-06-01  
Revenue, Performance Obligation [Abstract]  
Remaining performance obligation, percentage 34.00%
Revenue, remaining performance obligation, expected timing of satisfaction, period 2 years
v3.26.1
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Non-Operating Income (Expenses), net [Abstract]      
Interest income $ 780 $ 578 $ 451
Foreign currency losses, net (131) (147) (228)
Noncontrolling interests in income (222) (184) (186)
Gains (losses) from marketable and non-marketable investments, net 2,811 (278) (303)
Other income, net 309 91 168
Total non-operating income (expenses), net $ 3,547 $ 60 $ (98)
v3.26.1
CASH, CASH EQUIVALENTS AND MARKETABLE SECURITIES (Details) - USD ($)
$ in Millions
May 31, 2026
May 31, 2025
Cash, Cash Equivalents, and Short-Term Investments [Abstract]    
Money market funds $ 23,387 $ 2,220
Time deposits and other 739 585
Total investments 24,126 2,805
Investments classified as cash equivalents 23,521 2,388
Investments classified as marketable securities $ 605 $ 417
v3.26.1
ACQUISITIONS Narrative (Details) - USD ($)
$ in Millions
May 31, 2026
May 31, 2025
May 31, 2024
Business Acquisition [Line Items]      
Goodwill $ 62,261 $ 62,207 $ 62,230
v3.26.1
FAIR VALUE MEASUREMENTS (Details) - USD ($)
$ in Millions
May 31, 2026
May 31, 2025
Assets [Abstract]    
Derivative financial instruments $ 36 $ 54
Total assets 24,162 2,859
Liabilities [Abstract]    
Derivative financial instruments 0 26
Money Market Funds [Member]    
Assets [Abstract]    
Investments and cash and cash equivalents 23,387 2,220
Time Deposits and Other [Member]    
Assets [Abstract]    
Investments and cash and cash equivalents 739 585
Fair Value Measurements Using Input Types Level 1 [Member]    
Assets [Abstract]    
Derivative financial instruments 0 0
Total assets 23,455 2,279
Liabilities [Abstract]    
Derivative financial instruments 0 0
Fair Value Measurements Using Input Types Level 1 [Member] | Money Market Funds [Member]    
Assets [Abstract]    
Investments and cash and cash equivalents 23,387 2,220
Fair Value Measurements Using Input Types Level 1 [Member] | Time Deposits and Other [Member]    
Assets [Abstract]    
Investments and cash and cash equivalents 68 59
Fair Value Measurements Using Input Types Level 2 [Member]    
Assets [Abstract]    
Derivative financial instruments 36 54
Total assets 707 580
Liabilities [Abstract]    
Derivative financial instruments 0 26
Fair Value Measurements Using Input Types Level 2 [Member] | Money Market Funds [Member]    
Assets [Abstract]    
Investments and cash and cash equivalents 0 0
Fair Value Measurements Using Input Types Level 2 [Member] | Time Deposits and Other [Member]    
Assets [Abstract]    
Investments and cash and cash equivalents $ 671 $ 526
v3.26.1
FAIR VALUE MEASUREMENTS Narrative (Details) - USD ($)
May 31, 2026
May 31, 2025
Marketable security investments maturity information [Abstract]    
Total debt, carrying value $ 130,105,000,000 $ 92,917,000,000
Senior Notes and Other Long Term Borrowings [Member]    
Marketable security investments maturity information [Abstract]    
Total debt, carrying value 128,100,000,000 90,300,000,000
Fair Value Measurements Using Input Types Level 2 [Member] | Senior Notes and Other Borrowings [Member]    
Marketable security investments maturity information [Abstract]    
Total debt, fair value $ 114,400,000,000 $ 81,300,000,000
v3.26.1
PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($)
$ in Millions
May 31, 2026
May 31, 2025
Property, Plant And Equipment [Line Items]    
Computer, network, machinery and equipment $ 59,634 $ 30,345
Buildings and improvements 21,263 10,881
Furniture, fixtures and other 452 466
Land 1,329 1,352
Construction in progress [1] 39,973 16,510
Total property, plant and equipment 122,651 59,554
Accumulated depreciation (22,694) (16,032)
Total property, plant and equipment, net $ 99,957 $ 43,522
Minimum    
Property, Plant And Equipment [Line Items]    
Estimated Useful Lives 1 year  
Maximum    
Property, Plant And Equipment [Line Items]    
Estimated Useful Lives 40 years  
Computer, network, machinery and equipment | Minimum    
Property, Plant And Equipment [Line Items]    
Estimated Useful Lives [2] 1 year  
Computer, network, machinery and equipment | Maximum    
Property, Plant And Equipment [Line Items]    
Estimated Useful Lives [2] 6 years  
Buildings and improvements | Minimum    
Property, Plant And Equipment [Line Items]    
Estimated Useful Lives 1 year  
Buildings and improvements | Maximum    
Property, Plant And Equipment [Line Items]    
Estimated Useful Lives 40 years  
Furniture, fixtures and other | Minimum    
Property, Plant And Equipment [Line Items]    
Estimated Useful Lives 5 years  
Furniture, fixtures and other | Maximum    
Property, Plant And Equipment [Line Items]    
Estimated Useful Lives 15 years  
[1] Comprised primarily of servers, networking equipment and leasehold improvements to be deployed at our data centers.
[2] Comprised primarily of servers and networking equipment with estimated useful life of six years.
v3.26.1
PROPERTY, PLANT AND EQUIPMENT (Parenthetical) (Details)
May 31, 2026
Servers and networking equipment  
Property, Plant and Equipment [Line Items]  
Useful lives 6 years
v3.26.1
PROPERTY, PLANT AND EQUIPMENT Narrative (Details) - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Property, Plant and Equipment [Abstract]      
Depreciation expense on property, plant and equipment $ 7,623 $ 3,867 $ 3,129
Finance leases, ROU assets $ 7,464 $ 2,874  
v3.26.1
INTANGIBLE ASSETS (Details) - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Acquired Finite-Lived Intangible Assets [Line Items]      
Intangible Assets, Gross $ 16,640    
Additions 313    
Retirements (2,392)    
Intangible Assets, Gross 14,561 $ 16,640  
Accumulated Amortization (12,053)    
Expense (1,671) (2,307) $ (3,010)
Retirements 2,392    
Accumulated Amortization (11,332) (12,053)  
Intangible Assets, Net 3,229 4,587  
Cloud and Software Agreements and Related Relationships [Member]      
Acquired Finite-Lived Intangible Assets [Line Items]      
Intangible Assets, Gross 9,670    
Additions 0    
Retirements (1,794)    
Intangible Assets, Gross 7,876 9,670  
Accumulated Amortization (6,471)    
Expense (558)    
Retirements 1,794    
Accumulated Amortization (5,235) (6,471)  
Intangible Assets, Net 2,641 3,199  
Developed technology [Member]      
Acquired Finite-Lived Intangible Assets [Line Items]      
Intangible Assets, Gross 4,143    
Additions 287    
Retirements (425)    
Intangible Assets, Gross 4,005 4,143  
Accumulated Amortization (3,509)    
Expense (627)    
Retirements 425    
Accumulated Amortization (3,711) (3,509)  
Intangible Assets, Net 294 634  
Other [Member]      
Acquired Finite-Lived Intangible Assets [Line Items]      
Intangible Assets, Gross 2,827    
Additions 26    
Retirements (173)    
Intangible Assets, Gross 2,680 2,827  
Accumulated Amortization (2,073)    
Expense (486)    
Retirements 173    
Accumulated Amortization (2,386) (2,073)  
Intangible Assets, Net $ 294 $ 754  
v3.26.1
INTANGIBLE ASSETS AMORTIZATION (Details) - USD ($)
$ in Millions
May 31, 2026
May 31, 2025
Finite lived intangible assets future amortization expense [Abstract]    
Fiscal 2027 $ 731  
Fiscal 2028 694  
Fiscal 2029 620  
Fiscal 2030 582  
Fiscal 2031 377  
Thereafter 225  
Intangible Assets, Net $ 3,229 $ 4,587
v3.26.1
GOODWILL (Details) - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
Goodwill [Line Items]    
Balances at period start $ 62,207 $ 62,230
Goodwill adjustments, net [1] 54 (23)
Balances at period end 62,261 62,207
Cloud and Software [Member]    
Goodwill [Line Items]    
Balances at period start 57,049 57,072
Goodwill adjustments, net [1] 65 (23)
Balances at period end 57,114 57,049
Hardware [Member]    
Goodwill [Line Items]    
Balances at period start 2,732 2,732
Goodwill adjustments, net [1] 0 0
Balances at period end 2,732 2,732
Services [Member]    
Goodwill [Line Items]    
Balances at period start 2,426 2,426
Goodwill adjustments, net [1] (11) 0
Balances at period end $ 2,415 $ 2,426
[1] Amounts include any changes in goodwill balances for the period presented that resulted from foreign currency translations.
v3.26.1
NOTES PAYABLE AND OTHER BORROWINGS (Details) - USD ($)
 12 Months Ended
May 31, 2026
May 31, 2025
Debt Instrument [Line Items]    
Notes payable and other borrowings $ 130,105,000,000 $ 92,917,000,000
Unamortized discount/issuance costs (564,000,000) (348,000,000)
Hedge accounting fair value adjustments [1] 0 (1,000,000)
Total notes payable and other borrowings 129,541,000,000 92,568,000,000
Notes payable and other borrowings, current 7,199,000,000 7,271,000,000
Notes payable and other borrowings, non-current $ 122,342,000,000 85,297,000,000
Fixed-Rate Senior Notes Due July 2025 [Member]    
Debt Instrument [Line Items]    
Date of issuance Jul. 10, 2013  
Notes payable and other borrowings $ 0 $ 841,000,000 [1]
Effective interest rate [1]   3.17%
Fixed-Rate Senior Notes Due November 2025 [Member]    
Debt Instrument [Line Items]    
Date of issuance Nov. 09, 2022  
Notes payable and other borrowings $ 0 $ 1,000,000,000
Effective interest rate   5.93%
Fixed-Rate Senior Notes Due March 2026 [Member]    
Debt Instrument [Line Items]    
Date of issuance Mar. 31, 2021  
Notes payable and other borrowings $ 0 $ 2,750,000,000
Effective interest rate   1.67%
Fixed-Rate Senior Notes Due July 2026 [Member]    
Debt Instrument [Line Items]    
Date of issuance Jul. 07, 2016  
Notes payable and other borrowings $ 3,000,000,000 $ 3,000,000,000
Effective interest rate 2.73% 2.73%
Fixed-Rate Senior Notes Due April 2027 [Member]    
Debt Instrument [Line Items]    
Date of issuance Apr. 01, 2020  
Notes payable and other borrowings $ 2,250,000,000 $ 2,250,000,000
Effective interest rate 2.87% 2.87%
Fixed-Rate Senior Notes Due November 2027 [Member]    
Debt Instrument [Line Items]    
Date of issuance Nov. 09, 2017  
Notes payable and other borrowings $ 2,750,000,000 $ 2,750,000,000
Effective interest rate 3.29% 3.29%
Fixed Rate Senior Notes Due March 2028 [Member]    
Debt Instrument [Line Items]    
Date of issuance Mar. 31, 2021  
Notes payable and other borrowings $ 2,000,000,000 $ 2,000,000,000
Effective interest rate 2.36% 2.36%
Fixed-Rate Senior Notes Due May 2028 [Member]    
Debt Instrument [Line Items]    
Date of issuance Feb. 06, 2023  
Notes payable and other borrowings $ 750,000,000 $ 750,000,000
Effective interest rate 4.60% 4.60%
Fixed-Rate Senior Notes Due August 2028 [Member]    
Debt Instrument [Line Items]    
Date of issuance Feb. 03, 2025  
Notes payable and other borrowings $ 1,500,000,000 $ 1,500,000,000
Effective interest rate 4.94% 4.94%
Fixed-Rate Senior Notes Due February 2029 [Member]    
Debt Instrument [Line Items]    
Date of issuance Feb. 04, 2026  
Notes payable and other borrowings [2] $ 3,000,000,000 $ 0
Effective interest rate [2] 4.74%  
Fixed-Rate Senior Notes Due September 2029 [Member]    
Debt Instrument [Line Items]    
Date of issuance Sep. 27, 2024  
Notes payable and other borrowings $ 1,500,000,000 $ 1,500,000,000
Effective interest rate 4.27% 4.27%
Fixed Rate Senior Notes Due November 2029 [Member]    
Debt Instrument [Line Items]    
Date of issuance Nov. 09, 2022  
Notes payable and other borrowings $ 1,250,000,000 $ 1,250,000,000
Effective interest rate 6.21% 6.21%
Fixed Rate Senior Notes Due April 2030 [Member]    
Debt Instrument [Line Items]    
Date of issuance Apr. 01, 2020  
Notes payable and other borrowings $ 3,250,000,000 $ 3,250,000,000
Effective interest rate 3.00% 3.00%
Fixed Rate Senior Notes Due May 2030 [Member]    
Debt Instrument [Line Items]    
Date of issuance Feb. 06, 2023  
Notes payable and other borrowings $ 750,000,000 $ 750,000,000
Effective interest rate 4.75% 4.75%
Fixed-Rate Senior Notes Due May 2030 [Member]    
Debt Instrument [Line Items]    
Date of issuance Feb. 06, 2023  
Notes payable and other borrowings $ 500,000,000 $ 500,000,000
Effective interest rate 3.35% 3.35%
Fixed Rate Senior Notes Due September 2030 [Member]    
Debt Instrument [Line Items]    
Date of issuance Sep. 26, 2025  
Notes payable and other borrowings [2] $ 3,000,000,000 $ 0
Effective interest rate [2] 4.55%  
Fixed Rate Senior Notes Due February 2031 [Member]    
Debt Instrument [Line Items]    
Date of issuance Feb. 04, 2026  
Notes payable and other borrowings [2] $ 3,500,000,000 0
Effective interest rate [2] 5.08%  
Fixed Rate Senior Notes Due March 2031 [Member]    
Debt Instrument [Line Items]    
Date of issuance Mar. 31, 2021  
Notes payable and other borrowings $ 3,250,000,000 $ 3,250,000,000
Effective interest rate 2.92% 2.92%
Fixed-Rate Senior Notes Due February 2032 [Member]    
Debt Instrument [Line Items]    
Date of issuance Feb. 03, 2025  
Notes payable and other borrowings $ 1,250,000,000 $ 1,250,000,000
Effective interest rate 5.36% 5.36%
Fixed-rate Senior Notes Due September 2032 [Member]    
Debt Instrument [Line Items]    
Date of issuance Sep. 26, 2025  
Notes payable and other borrowings [2] $ 3,000,000,000 $ 0
Effective interest rate [2] 4.87%  
Fixed Rate Senior Notes Due November 2032 [Member]    
Debt Instrument [Line Items]    
Date of issuance Nov. 09, 2022  
Notes payable and other borrowings $ 2,250,000,000 $ 2,250,000,000
Effective interest rate 6.32% 6.32%
Fixed Rate Senior Notes Due February 2033 [Member]    
Debt Instrument [Line Items]    
Date of issuance Feb. 06, 2023  
Notes payable and other borrowings $ 1,500,000,000 $ 1,500,000,000
Effective interest rate 4.95% 4.95%
Fixed Rate Senior Notes Due May 2033 [Member]    
Debt Instrument [Line Items]    
Date of issuance Feb. 04, 2026  
Notes payable and other borrowings [2] $ 3,000,000,000 $ 0
Effective interest rate [2] 5.42%  
Fixed Rate Senior Notes Due July 2034 [Member]    
Debt Instrument [Line Items]    
Date of issuance Jul. 08, 2014  
Notes payable and other borrowings $ 1,750,000,000 $ 1,750,000,000
Effective interest rate 4.30% 4.30%
Fixed-Rate Senior Notes Due September 2034 [Member]    
Debt Instrument [Line Items]    
Date of issuance Sep. 27, 2024  
Notes payable and other borrowings $ 1,750,000,000 $ 1,750,000,000
Effective interest rate 4.77% 4.77%
Fixed Rate Senior Notes Due May 2035 [Member]    
Debt Instrument [Line Items]    
Date of issuance May 05, 2015  
Notes payable and other borrowings $ 1,250,000,000 $ 1,250,000,000
Effective interest rate 4.00% 4.00%
Fixed-Rate Senior Notes Due August 2035 [Member]    
Debt Instrument [Line Items]    
Date of issuance Feb. 03, 2025  
Notes payable and other borrowings $ 1,750,000,000 $ 1,750,000,000
Effective interest rate 5.55% 5.55%
Fixed-rate Senior Notes Due September 2035 [Member]    
Debt Instrument [Line Items]    
Date of issuance Sep. 26, 2025  
Notes payable and other borrowings [2] $ 4,000,000,000 $ 0
Effective interest rate [2] 5.25%  
Fixed Rate Senior Notes Due February 2036 [Member]    
Debt Instrument [Line Items]    
Date of issuance Feb. 04, 2026  
Notes payable and other borrowings [2] $ 5,000,000,000 0
Effective interest rate [2] 5.78%  
Fixed Rate Senior Notes Due July 2036 [Member]    
Debt Instrument [Line Items]    
Date of issuance Jul. 07, 2016  
Notes payable and other borrowings $ 1,250,000,000 $ 1,250,000,000
Effective interest rate 3.89% 3.89%
Fixed Rate Senior Notes Due November 2037 [Member]    
Debt Instrument [Line Items]    
Date of issuance Nov. 09, 2017  
Notes payable and other borrowings $ 1,750,000,000 $ 1,750,000,000
Effective interest rate 3.86% 3.86%
Fixed Rate Senior Notes Due April 2038 [Member]    
Debt Instrument [Line Items]    
Date of issuance Apr. 09, 2008  
Notes payable and other borrowings $ 1,250,000,000 $ 1,250,000,000
Effective interest rate 6.51% 6.51%
Fixed Rate Senior Notes Due July 2039 [Member]    
Debt Instrument [Line Items]    
Date of issuance Jul. 08, 2009  
Notes payable and other borrowings $ 1,250,000,000 $ 1,250,000,000
Effective interest rate 6.17% 6.17%
Fixed Rate Senior Notes Due April 2040 [Member]    
Debt Instrument [Line Items]    
Date of issuance Apr. 01, 2020  
Notes payable and other borrowings $ 3,000,000,000 $ 3,000,000,000
Effective interest rate 3.64% 3.64%
Fixed Rate Senior Notes Due July 2040 [Member]    
Debt Instrument [Line Items]    
Date of issuance Jul. 12, 2010  
Notes payable and other borrowings $ 2,250,000,000 $ 2,250,000,000
Effective interest rate 5.45% 5.45%
Fixed Rate Senior Notes Due March 2041 [Member]    
Debt Instrument [Line Items]    
Date of issuance Mar. 31, 2021  
Notes payable and other borrowings $ 2,250,000,000 $ 2,250,000,000
Effective interest rate 3.72% 3.72%
Fixed Rate Senior Notes Due July 2044 [Member]    
Debt Instrument [Line Items]    
Date of issuance Jul. 08, 2014  
Notes payable and other borrowings $ 1,000,000,000 $ 1,000,000,000
Effective interest rate 4.50% 4.50%
Fixed Rate Senior Notes Due May 2045 [Member]    
Debt Instrument [Line Items]    
Date of issuance May 05, 2015  
Notes payable and other borrowings $ 2,000,000,000 $ 2,000,000,000
Effective interest rate 4.20% 4.20%
Fixed Rate Senior Notes Due September 2045 [Member]    
Debt Instrument [Line Items]    
Date of issuance Sep. 26, 2025  
Notes payable and other borrowings [2] $ 2,500,000,000 $ 0
Effective interest rate [2] 5.91%  
Fixed Rate Senior Notes Due February 2046 [Member]    
Debt Instrument [Line Items]    
Date of issuance Feb. 04, 2026  
Notes payable and other borrowings [2] $ 2,250,000,000 0
Effective interest rate [2] 6.59%  
Fixed Rate Senior Notes Due July 2046 [Member]    
Debt Instrument [Line Items]    
Date of issuance Jul. 07, 2016  
Notes payable and other borrowings $ 3,000,000,000 $ 3,000,000,000
Effective interest rate 4.03% 4.03%
Fixed Rate Senior Notes Due November 2047 [Member]    
Debt Instrument [Line Items]    
Date of issuance Nov. 09, 2017  
Notes payable and other borrowings $ 2,250,000,000 $ 2,250,000,000
Effective interest rate 4.05% 4.05%
Fixed Rate Senior Notes Due April 2050 [Member]    
Debt Instrument [Line Items]    
Date of issuance Apr. 01, 2020  
Notes payable and other borrowings $ 4,500,000,000 $ 4,500,000,000
Effective interest rate 3.64% 3.64%
Fixed Rate Senior Notes Due March 2051 [Member]    
Debt Instrument [Line Items]    
Date of issuance Mar. 31, 2021  
Notes payable and other borrowings $ 3,250,000,000 $ 3,250,000,000
Effective interest rate 3.98% 3.98%
Fixed Rate Senior Notes Due November 2052 [Member]    
Debt Instrument [Line Items]    
Date of issuance Nov. 09, 2022  
Notes payable and other borrowings $ 2,500,000,000 $ 2,500,000,000
Effective interest rate 6.94% 6.94%
Fixed Rate Senior Notes Due February 2053 [Member]    
Debt Instrument [Line Items]    
Date of issuance Feb. 06, 2023  
Notes payable and other borrowings $ 2,250,000,000 $ 2,250,000,000
Effective interest rate 5.62% 5.62%
Fixed-Rate Senior Notes Due September 2054 [Member]    
Debt Instrument [Line Items]    
Date of issuance Sep. 27, 2024  
Notes payable and other borrowings $ 1,750,000,000 $ 1,750,000,000
Effective interest rate 5.43% 5.43%
Fixed Rate Senior Notes Due May 2055 [Member]    
Debt Instrument [Line Items]    
Date of issuance May 05, 2015  
Notes payable and other borrowings $ 1,250,000,000 $ 1,250,000,000
Effective interest rate 4.44% 4.44%
Fixed-Rate Senior Notes Due August 2055 [Member]    
Debt Instrument [Line Items]    
Date of issuance Feb. 03, 2025  
Notes payable and other borrowings $ 1,750,000,000 $ 1,750,000,000
Effective interest rate 6.04% 6.04%
Fixed-Rate Senior Notes Due February 2056 [Member]    
Debt Instrument [Line Items]    
Date of issuance Feb. 04, 2026  
Notes payable and other borrowings [2] $ 5,000,000,000 $ 0
Effective interest rate [2] 6.74%  
Fixed Rate Senior Notes Due April 2060 [Member]    
Debt Instrument [Line Items]    
Date of issuance Apr. 01, 2020  
Notes payable and other borrowings $ 3,500,000,000 $ 3,500,000,000
Effective interest rate 3.89% 3.89%
Fixed Rate Senior Notes Due March 2061 [Member]    
Debt Instrument [Line Items]    
Date of issuance Mar. 31, 2021  
Notes payable and other borrowings $ 1,500,000,000 $ 1,500,000,000
Effective interest rate 4.13% 4.13%
Fixed-Rate Senior Notes Due September 2064 [Member]    
Debt Instrument [Line Items]    
Date of issuance Sep. 27, 2024  
Notes payable and other borrowings $ 1,250,000,000 $ 1,250,000,000
Effective interest rate 5.55% 5.55%
Fixed-rate Senior Notes Due September 2065 [Member]    
Debt Instrument [Line Items]    
Date of issuance Sep. 26, 2025  
Notes payable and other borrowings [2] $ 2,000,000,000 $ 0
Effective interest rate [2] 6.17%  
Fixed-Rate Senior Notes Due August 2065 [Member]    
Debt Instrument [Line Items]    
Date of issuance Feb. 03, 2025  
Notes payable and other borrowings $ 1,000,000,000 $ 1,000,000,000
Effective interest rate 6.17% 6.17%
Fixed-Rate Senior Notes Due February 2066 [Member]    
Debt Instrument [Line Items]    
Date of issuance Feb. 04, 2026  
Notes payable and other borrowings $ 2,750,000,000 $ 0 [2]
Effective interest rate [2] 6.89%  
Floating-Rate Senior Notes Due August 2028 [Member]    
Debt Instrument [Line Items]    
Date of issuance Feb. 03, 2025  
Notes payable and other borrowings $ 500,000,000 $ 500,000,000
Effective interest rate 4.43% 5.28%
Floating-Rate Senior Notes Due February 2029 [Member]    
Debt Instrument [Line Items]    
Date of issuance Feb. 04, 2026  
Notes payable and other borrowings [2] $ 500,000,000 $ 0
Effective interest rate [2] 4.78%  
Other borrowings due August 2025 [Member]    
Debt Instrument [Line Items]    
Date of issuance Nov. 07, 2016  
Notes payable and other borrowings $ 0 $ 113,000,000
Effective interest rate   3.53%
Fixed-rate Senior Notes Due September 2055 [Member]    
Debt Instrument [Line Items]    
Date of issuance Sep. 26, 2025  
Notes payable and other borrowings [2] $ 3,500,000,000 $ 0
Effective interest rate [2] 6.05%  
Term Loan Credit Agreement Due August 2027 Three [Member]    
Debt Instrument [Line Items]    
Date of issuance Jun. 06, 2024  
Notes payable and other borrowings [3] $ 5,137,000,000 $ 5,419,000,000
Effective interest rate [3] 5.29% 6.10%
Commercial Paper [Member]    
Debt Instrument [Line Items]    
Notes payable and other borrowings $ 1,468,000,000 $ 2,294,000,000
Effective interest rate 4.35% 4.88%
[1] In fiscal 2018 we entered into certain cross-currency interest rate swap agreements that have the economic effect of converting our fixed-rate, Euro-denominated debt, including annual interest payments and the payment of principal at maturity, to a variable-rate, U.S. Dollar-denominated debt of $871 million based on LIBOR. The effective interest rates as of May 31, 2025 after consideration of the cross-currency interest rate swap agreements were 7.77% for the July 2025 Notes. Refer to Note 1 for a description of our accounting for fair value hedges. The July 2025 Notes were repaid in full upon maturity in July 2025.
[2] In fiscal 2026, we issued $43.0 billion of senior notes for general corporate purposes, which may include capital expenditures, repayment of indebtedness, future investments or acquisitions and payment of cash dividends on or repurchases of our common stock.
[3] In fiscal 2023, we entered into certain interest rate swap agreements that have the economic effect of converting our $4.7 billion of floating-rate borrowings pursuant to the Term Loan Credit Agreement (defined below) until its repayment and subsequently, borrowings under the Term Loan Credit Agreement 2 (defined below) for the same amount to fixed-rate borrowings with a fixed annual interest rate of 3.07%, plus a margin depending on the credit rating assigned to our long-term senior unsecured debt, as further discussed below. The effective interest rates after consideration of the interest rate swap agreements were 4.74% for each of fiscal 2026 and 2025, for borrowings under the Term Loan Credit Agreement 2 (defined below). Refer to Note 1 for a description of our accounting for cash flow hedges.
v3.26.1
NOTES PAYABLE AND OTHER BORROWINGS - Summary of Senior Notes (Parenthetical) (Details)
€ in Millions, $ in Millions
 12 Months Ended
May 31, 2026
EUR (€)
May 31, 2026
USD ($)
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 130,105
Fixed-Rate Senior Notes Due July 2025 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value | € € 750 [1]  
Stated interest rate percentage 3.125% [1] 3.125% [1]
Maturity date Jul. 10, 2025 [1]  
Fixed-Rate Senior Notes Due November 2025 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 1,000
Stated interest rate percentage 5.80% 5.80%
Maturity date Nov. 10, 2025  
Fixed-Rate Senior Notes Due March 2026 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 2,750
Stated interest rate percentage 1.65% 1.65%
Maturity date Mar. 25, 2026  
Fixed-Rate Senior Notes Due July 2026 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 3,000
Stated interest rate percentage 2.65% 2.65%
Maturity date Jul. 15, 2026  
Fixed-Rate Senior Notes Due April 2027 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 2,250
Stated interest rate percentage 2.80% 2.80%
Maturity date Apr. 01, 2027  
Fixed-Rate Senior Notes Due November 2027 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 2,750
Stated interest rate percentage 3.25% 3.25%
Maturity date Nov. 15, 2027  
Fixed Rate Senior Notes Due March 2028 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 2,000
Stated interest rate percentage 2.30% 2.30%
Maturity date Mar. 25, 2028  
Fixed-Rate Senior Notes Due May 2028 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 750
Stated interest rate percentage 4.50% 4.50%
Maturity date May 31, 2028  
Fixed-Rate Senior Notes Due August 2028 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 1,500
Stated interest rate percentage 4.80% 4.80%
Maturity date Aug. 03, 2028  
Fixed-Rate Senior Notes Due February 2029 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 3,000 [2]
Stated interest rate percentage 4.55% [2] 4.55% [2]
Maturity date Feb. 04, 2029  
Fixed-Rate Senior Notes Due September 2029 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 1,500
Stated interest rate percentage 4.20% 4.20%
Maturity date Sep. 27, 2029  
Fixed-Rate Senior Notes Due November 2029 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 1,250
Stated interest rate percentage 6.15% 6.15%
Maturity date Nov. 09, 2029  
Fixed Rate Senior Notes Due April 2030 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 3,250
Stated interest rate percentage 2.95% 2.95%
Maturity date Apr. 01, 2030  
Fixed-Rate Senior Notes Due May 2030 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 750
Stated interest rate percentage 4.65% 4.65%
Maturity date May 31, 2030  
Fixed-Rate Senior Notes Due May 2030 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 500
Stated interest rate percentage 3.25% 3.25%
Maturity date May 15, 2030  
Fixed Rate Senior Notes Due September 2030 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 3,000 [2]
Stated interest rate percentage 4.45% [2] 4.45% [2]
Maturity date Sep. 26, 2030  
Fixed Rate Senior Notes Due February 2031 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 3,500 [2]
Stated interest rate percentage 4.95% [2] 4.95% [2]
Maturity date Feb. 04, 2031  
Fixed-Rate Senior Notes Due March 2031 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 3,250
Stated interest rate percentage 2.875% 2.875%
Maturity date Mar. 31, 2031  
Fixed-Rate Senior Notes Due February 2032 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 1,250
Stated interest rate percentage 5.25% 5.25%
Maturity date Feb. 03, 2032  
Fixed-rate Senior Notes Due September 2032 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 3,000 [2]
Stated interest rate percentage 4.80% [2] 4.80% [2]
Maturity date Sep. 26, 2032  
Fixed-Rate Senior Notes Due November 2032 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 2,250
Stated interest rate percentage 6.25% 6.25%
Maturity date Nov. 09, 2032  
Fixed-Rate Senior Notes Due February 2033 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 1,500
Stated interest rate percentage 4.90% 4.90%
Maturity date Feb. 28, 2033  
Fixed Rate Senior Notes Due May 2033 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 3,000 [2]
Stated interest rate percentage 5.35% [2] 5.35% [2]
Maturity date May 04, 2033  
Fixed-Rate Senior Notes Due July 2034 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 1,750
Stated interest rate percentage 4.30% 4.30%
Maturity date Jul. 08, 2034  
Fixed-Rate Senior Notes Due September 2034 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 1,750
Stated interest rate percentage 4.70% 4.70%
Maturity date Sep. 27, 2034  
Fixed-Rate Senior Notes Due May 2035 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 1,250
Stated interest rate percentage 3.90% 3.90%
Maturity date May 15, 2035  
Fixed-Rate Senior Notes Due August 2035 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 1,750
Stated interest rate percentage 5.50% 5.50%
Maturity date Aug. 03, 2035  
Fixed-rate Senior Notes Due September 2035 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 4,000 [2]
Stated interest rate percentage 5.20% [2] 5.20% [2]
Maturity date Sep. 26, 2035  
Fixed Rate Senior Notes Due February 2036 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 5,000 [2]
Stated interest rate percentage 5.70% [2] 5.70% [2]
Maturity date Feb. 04, 2036  
Fixed-Rate Senior Notes Due July 2036 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 1,250
Stated interest rate percentage 3.85% 3.85%
Maturity date Jul. 15, 2036  
Fixed-Rate Senior Notes Due November 2037 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 1,750
Stated interest rate percentage 3.80% 3.80%
Maturity date Nov. 15, 2037  
Fixed-Rate Senior Notes Due April 2038 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 1,250
Stated interest rate percentage 6.50% 6.50%
Maturity date Apr. 15, 2038  
Fixed-Rate Senior Notes Due July 2039 [Member    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 1,250
Stated interest rate percentage 6.125% 6.125%
Maturity date Jul. 08, 2039  
Fixed-Rate Senior Notes Due April 2040 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 3,000
Stated interest rate percentage 3.60% 3.60%
Maturity date Apr. 01, 2040  
Fixed-Rate senior notes due July 2040 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 2,250
Stated interest rate percentage 5.375% 5.375%
Maturity date Jul. 15, 2040  
Fixed-Rate Senior Notes Due March 2041 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 2,250
Stated interest rate percentage 3.65% 3.65%
Maturity date Mar. 25, 2041  
Fixed-Rate Senior Notes Due July 2044 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 1,000
Stated interest rate percentage 4.50% 4.50%
Maturity date Jul. 08, 2044  
Fixed-Rate Senior Notes Due May 2045 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 2,000
Stated interest rate percentage 4.125% 4.125%
Maturity date May 15, 2045  
Fixed Rate Senior Notes Due September 2045 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 2,500 [2]
Stated interest rate percentage 5.875% [2] 5.875% [2]
Maturity date Sep. 26, 2045  
Fixed Rate Senior Notes Due February 2046 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 2,250 [2]
Stated interest rate percentage 6.55% [2] 6.55% [2]
Maturity date Feb. 04, 2046  
Fixed-Rate Senior Notes Due July 2046 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 3,000
Stated interest rate percentage 4.00% 4.00%
Maturity date Jul. 15, 2046  
Fixed-Rate Senior Notes Due November 2047 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 2,250
Stated interest rate percentage 4.00% 4.00%
Maturity date Nov. 15, 2047  
Fixed-Rate Senior Notes Due April 2050 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 4,500
Stated interest rate percentage 3.60% 3.60%
Maturity date Apr. 01, 2050  
Fixed-Rate Senior Notes Due March 2051 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 3,250
Stated interest rate percentage 3.95% 3.95%
Maturity date Mar. 25, 2051  
Fixed-Rate Senior Notes Due November 2052 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 2,500
Stated interest rate percentage 6.90% 6.90%
Maturity date Nov. 09, 2052  
Fixed-Rate Senior Notes Due February 2053 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 2,250
Stated interest rate percentage 5.55% 5.55%
Maturity date Feb. 28, 2053  
Fixed-Rate Senior Notes Due September 2054 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 1,750
Stated interest rate percentage 5.375% 5.375%
Maturity date Sep. 27, 2054  
Fixed-Rate Senior Notes Due May 2055 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 1,250
Stated interest rate percentage 4.375% 4.375%
Maturity date May 15, 2055  
Fixed-Rate Senior Notes Due August 2055 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 1,750
Stated interest rate percentage 6.00% 6.00%
Maturity date Aug. 03, 2055  
Fixed-rate Senior Notes Due September 2055 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 3,500 [2]
Stated interest rate percentage 5.95% [2] 5.95% [2]
Maturity date Sep. 26, 2055  
Fixed-Rate Senior Notes Due February 2056 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 5,000 [2]
Stated interest rate percentage 6.70% [2] 6.70% [2]
Maturity date Feb. 04, 2056  
Fixed-Rate Senior Notes Due April 2060 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 3,500
Stated interest rate percentage 3.85% 3.85%
Maturity date Apr. 01, 2060  
Fixed-Rate Senior Notes Due March 2061 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 1,500
Stated interest rate percentage 4.10% 4.10%
Maturity date Mar. 25, 2061  
Fixed-Rate Senior Notes Due September 2064 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 1,250
Stated interest rate percentage 5.50% 5.50%
Maturity date Sep. 27, 2064  
Fixed-Rate Senior Notes Due August 2065 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 1,000
Stated interest rate percentage 6.125% 6.125%
Maturity date Aug. 03, 2065  
Fixed-rate Senior Notes Due September 2065 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 2,000 [2]
Stated interest rate percentage 6.10% [2] 6.10% [2]
Maturity date Sep. 26, 2065  
Fixed-Rate Senior Notes Due February 2066 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 2,750 [2]
Stated interest rate percentage 6.85% [2] 6.85% [2]
Maturity date Feb. 04, 2066  
Floating-rate senior notes due August 2028 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 500
Stated interest rate percentage 0.76% 0.76%
Maturity date Aug. 03, 2028  
Floating-Rate Senior Notes Due February 2029 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 500 [2]
Stated interest rate percentage 1.11% [2] 1.11% [2]
Maturity date Feb. 04, 2029  
Other borrowings due August 2025 [Member]    
Debt Instrument [Line Items]    
Maturity date Aug. 31, 2025  
$5,630, SOFR plus 1.35%, due August 2027 [Member]    
Debt Instrument [Line Items]    
Senior notes and other borrowings, par value   $ 5,630 [3]
Stated interest rate percentage 1.35% [3] 1.35% [3]
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration] Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]  
Maturity date Aug. 16, 2027  
[1] In fiscal 2018 we entered into certain cross-currency interest rate swap agreements that have the economic effect of converting our fixed-rate, Euro-denominated debt, including annual interest payments and the payment of principal at maturity, to a variable-rate, U.S. Dollar-denominated debt of $871 million based on LIBOR. The effective interest rates as of May 31, 2025 after consideration of the cross-currency interest rate swap agreements were 7.77% for the July 2025 Notes. Refer to Note 1 for a description of our accounting for fair value hedges. The July 2025 Notes were repaid in full upon maturity in July 2025.
[2] In fiscal 2026, we issued $43.0 billion of senior notes for general corporate purposes, which may include capital expenditures, repayment of indebtedness, future investments or acquisitions and payment of cash dividends on or repurchases of our common stock.
[3] In fiscal 2023, we entered into certain interest rate swap agreements that have the economic effect of converting our $4.7 billion of floating-rate borrowings pursuant to the Term Loan Credit Agreement (defined below) until its repayment and subsequently, borrowings under the Term Loan Credit Agreement 2 (defined below) for the same amount to fixed-rate borrowings with a fixed annual interest rate of 3.07%, plus a margin depending on the credit rating assigned to our long-term senior unsecured debt, as further discussed below. The effective interest rates after consideration of the interest rate swap agreements were 4.74% for each of fiscal 2026 and 2025, for borrowings under the Term Loan Credit Agreement 2 (defined below). Refer to Note 1 for a description of our accounting for cash flow hedges.
v3.26.1
FUTURE PRINCIPAL PAYMENTS FOR ALL BORROWINGS (Details)
$ in Millions
May 31, 2026
USD ($)
Principal Payments for All Borrowings [Abstract]  
Fiscal 2027 $ 7,210
Fiscal 2028 10,145
Fiscal 2029 5,500
Fiscal 2030 7,250
Fiscal 2031 9,750
Thereafter 90,250
Total $ 130,105
v3.26.1
NOTES PAYABLE AND OTHER BORROWINGS Narrative (Details) - USD ($)
 12 Months Ended
Mar. 06, 2026
May 31, 2026
May 31, 2025
May 31, 2023
May 31, 2018
Debt Instrument [Line Items]          
Fixed rate senior notes, par value   $ 43,000,000,000      
Revolving Credit Loans [Member]          
Debt Instrument [Line Items]          
Revolving credit facility $ 6,000,000,000        
Revolving credit facility term 5 years        
Revolving credit facility, expiration date Mar. 08, 2027        
Outstanding Revolving credit facility   $ 0      
Consolidated EBITDA to consolidated net interest expense ratio 3        
New Revolving Credit Agreement [Member]          
Debt Instrument [Line Items]          
Revolving credit facility $ 10,000,000,000        
Revolving credit facility term 5 years        
Revolving credit facility, expiration date Mar. 06, 2031        
Unsecured Debt [Member]          
Debt Instrument [Line Items]          
Revolving credit facility $ 10,000,000,000        
Revolving credit facility term 5 years        
Fixed-Rate Senior Notes Due July 2025 [Member]          
Debt Instrument [Line Items]          
Effective interest rate [1]     3.17%    
Fixed-Rate Senior Notes Due July 2025 [Member] | Cross-currency interest rate swap agreements [Member]          
Debt Instrument [Line Items]          
Effective interest rate     7.77%    
Senior notes fixed principal amount         $ 871,000,000
Minimum [Member] | SOFR [Member] | Revolving Credit Loans [Member]          
Debt Instrument [Line Items]          
Revolving credit facility, basis spread on variable rate 0.875%        
Minimum [Member] | Base Rate [Member] | Revolving Credit Loans [Member]          
Debt Instrument [Line Items]          
Revolving credit facility, basis spread on variable rate 0.00%        
Maximum [Member] | SOFR [Member] | Revolving Credit Loans [Member]          
Debt Instrument [Line Items]          
Revolving credit facility, basis spread on variable rate 1.50%        
Maximum [Member] | Base Rate [Member] | Revolving Credit Loans [Member]          
Debt Instrument [Line Items]          
Revolving credit facility, basis spread on variable rate 0.50%        
Term Loan Credit Agreement [Member]          
Debt Instrument [Line Items]          
Revolving credit facility       $ 5,600,000,000  
Term Loan 1 Facility [Member]          
Debt Instrument [Line Items]          
Revolving credit facility       4,700,000,000  
Term Loan 2 Facility [Member]          
Debt Instrument [Line Items]          
Revolving credit facility       $ 960,000,000  
Term Loan Credit Agreement 2 [Member]          
Debt Instrument [Line Items]          
Revolving credit facility     $ 5,600,000,000    
Line of credit facility, fully due and payable     Aug. 16, 2027    
Term Loan Credit Agreement 2 [Member] | Prepayments Multiplied By 1.25% [Member]          
Debt Instrument [Line Items]          
Percentage of borrowed reduced by prepayments     1.25%    
Line of credit facility, prepayment date     Sep. 30, 2024    
Line of credit facility, prepayment, quarterly thereafter date     Jun. 30, 2026    
Term Loan Credit Agreement 2 [Member] | Prepayments Multiplied By 2.50% [Member]          
Debt Instrument [Line Items]          
Percentage of borrowed reduced by prepayments     2.50%    
Line of credit facility, prepayment date     Sep. 30, 2026    
Line of credit facility, prepayment, quarterly thereafter date     Jun. 30, 2027    
Term Loan Credit Agreement 2 [Member] | Minimum [Member] | SOFR [Member]          
Debt Instrument [Line Items]          
Revolving credit facility, basis spread on variable rate     1.125%    
Term Loan Credit Agreement 2 [Member] | Minimum [Member] | Base Rate [Member]          
Debt Instrument [Line Items]          
Revolving credit facility, basis spread on variable rate     0.125%    
Term Loan Credit Agreement 2 [Member] | Maximum [Member]          
Debt Instrument [Line Items]          
Line of credit facility termination term     2 years    
Term Loan Credit Agreement 2 [Member] | Maximum [Member] | SOFR [Member]          
Debt Instrument [Line Items]          
Revolving credit facility, basis spread on variable rate     1.625%    
Term Loan Credit Agreement 2 [Member] | Maximum [Member] | Base Rate [Member]          
Debt Instrument [Line Items]          
Revolving credit facility, basis spread on variable rate     0.625%    
Interest Rate Swap Agreements [Member]          
Debt Instrument [Line Items]          
Effective interest rate   4.74% 4.74%    
Derivative fixed interest rate       3.07%  
Commercial Paper [Member]          
Debt Instrument [Line Items]          
Revolving credit facility $ 10,000,000,000        
Effective interest rate   4.35% 4.88%    
Outstanding notes   $ 1,500,000,000 $ 2,300,000,000    
[1] In fiscal 2018 we entered into certain cross-currency interest rate swap agreements that have the economic effect of converting our fixed-rate, Euro-denominated debt, including annual interest payments and the payment of principal at maturity, to a variable-rate, U.S. Dollar-denominated debt of $871 million based on LIBOR. The effective interest rates as of May 31, 2025 after consideration of the cross-currency interest rate swap agreements were 7.77% for the July 2025 Notes. Refer to Note 1 for a description of our accounting for fair value hedges. The July 2025 Notes were repaid in full upon maturity in July 2025.
v3.26.1
RESTRUCTURING AND OTHER EXPENSES - Schedule of Restructuring and Other Expenses (Details) - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Restructuring and Related Activities [Abstract]      
Restructuring $ 1,779 $ 299 $ 404
Other, net 59 75 314
Total restructuring and other expenses $ 1,838 $ 374 $ 718
v3.26.1
RESTRUCTURING AND OTHER EXPENSES Narrative (Details) - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Restructuring Cost and Reserve [Line Items]      
Restructuring expenses $ 1,779 $ 299 $ 404
Fiscal 2024 Oracle Restructuring [Member]      
Restructuring Cost and Reserve [Line Items]      
Restructuring expenses   $ 314 $ 432
Restructuring Charges, Statement of Income or Comprehensive Income [Extensible Enumeration]   Restructuring and Other Expenses Restructuring and Other Expenses
Fiscal 2026 Oracle Restructuring [Member]      
Restructuring Cost and Reserve [Line Items]      
Total estimated restructuring costs [1] 2,103    
Restructuring expenses $ 1,800    
Restructuring Charges, Statement of Income or Comprehensive Income [Extensible Enumeration] Restructuring and Other Expenses    
[1] Restructuring costs recorded to each of the operating segments presented primarily related to employee severance costs. Other restructuring costs represented employee severance costs not related to our operating segments and certain other restructuring plan costs.
v3.26.1
RESTRUCTURING AND OTHER EXPENSES - Summary of All Plans (Details) - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Restructuring Reserve Disclosures [Abstract]      
Accrued at period start [2] $ 212 [1] $ 236 $ 199
Initial Costs [2],[3] 1,640 322 447
Adjustments to Cost [2],[4] 139 (23) (43)
Cash Payments [2] (1,341) (328) (369)
Others [2],[5] 3 5 2
Accrued at period end [2] 653 [1] 212 [1] 236
Fiscal 2026 Oracle Restructuring [Member]      
Restructuring Reserve Disclosures [Abstract]      
Accrued at period start [1],[2] 0    
Initial Costs [2],[3] 1,640    
Adjustments to Cost [2],[4] 164    
Cash Payments [2] (1,236)    
Others [2],[5] (1)    
Accrued at period end [1],[2] 567 0  
Total Costs Accrued to Date [2] 1,804    
Total Expected Program Costs [2] 2,103    
Fiscal 2026 Oracle Restructuring [Member] | Other [Member]      
Restructuring Reserve Disclosures [Abstract]      
Accrued at period start [1],[2] 0    
Initial Costs [2],[3] 674    
Adjustments to Cost [2],[4] 86    
Cash Payments [2] (591)    
Others [2],[5] 1    
Accrued at period end [1],[2] 170 0  
Total Costs Accrued to Date [2] 760    
Total Expected Program Costs [2] 835    
Fiscal 2026 Oracle Restructuring [Member] | Cloud and Software [Member] | Operating Segments [Member]      
Restructuring Reserve Disclosures [Abstract]      
Accrued at period start [1],[2] 0    
Initial Costs [2],[3] 601    
Adjustments to Cost [2],[4] 58    
Cash Payments [2] (439)    
Others [2],[5] (1)    
Accrued at period end [1],[2] 219 0  
Total Costs Accrued to Date [2] 659    
Total Expected Program Costs [2] 786    
Fiscal 2026 Oracle Restructuring [Member] | Hardware [Member] | Operating Segments [Member]      
Restructuring Reserve Disclosures [Abstract]      
Accrued at period start [1],[2] 0    
Initial Costs [2],[3] 75    
Adjustments to Cost [2],[4] 3    
Cash Payments [2] (49)    
Others [2],[5] 0    
Accrued at period end [1],[2] 29 0  
Total Costs Accrued to Date [2] 78    
Total Expected Program Costs [2] 83    
Fiscal 2026 Oracle Restructuring [Member] | Services [Member] | Operating Segments [Member]      
Restructuring Reserve Disclosures [Abstract]      
Accrued at period start [1],[2] 0    
Initial Costs [2],[3] 290    
Adjustments to Cost [2],[4] 17    
Cash Payments [2] (157)    
Others [2],[5] (1)    
Accrued at period end [1],[2] 149 0  
Total Costs Accrued to Date [2] 307    
Total Expected Program Costs [2] 399    
Fiscal 2024 Oracle Restructuring [Member]      
Restructuring Reserve Disclosures [Abstract]      
Accrued at period start [2] 171 [1] 152 0
Initial Costs [2],[3]   322 447
Adjustments to Cost [2],[4]   (8) (15)
Cash Payments [2]   (299) (280)
Others [2],[5]   4 0
Accrued at period end [2]   171 [1] 152
Fiscal 2024 Oracle Restructuring [Member] | Other [Member]      
Restructuring Reserve Disclosures [Abstract]      
Accrued at period start [2] 60 [1] 49 0
Initial Costs [2],[3]   153 188
Adjustments to Cost [2],[4]   (2) (5)
Cash Payments [2]   (142) (134)
Others [2],[5]   2 0
Accrued at period end [2]   60 [1] 49
Fiscal 2024 Oracle Restructuring [Member] | Cloud and Software [Member] | Operating Segments [Member]      
Restructuring Reserve Disclosures [Abstract]      
Accrued at period start [2] 79 [1] 87 0
Initial Costs [2],[3]   115 204
Adjustments to Cost [2],[4]   (6) (9)
Cash Payments [2]   (118) (108)
Others [2],[5]   1 0
Accrued at period end [2]   79 [1] 87
Fiscal 2024 Oracle Restructuring [Member] | Hardware [Member] | Operating Segments [Member]      
Restructuring Reserve Disclosures [Abstract]      
Accrued at period start [2] 10 [1] 4 0
Initial Costs [2],[3]   17 9
Adjustments to Cost [2],[4]   0 0
Cash Payments [2]   (11) (5)
Others [2],[5]   0 0
Accrued at period end [2]   10 [1] 4
Fiscal 2024 Oracle Restructuring [Member] | Services [Member] | Operating Segments [Member]      
Restructuring Reserve Disclosures [Abstract]      
Accrued at period start [2] 22 [1] 12 0
Initial Costs [2],[3]   37 46
Adjustments to Cost [2],[4]   0 (1)
Cash Payments [2]   (28) (33)
Others [2],[5]   1 0
Accrued at period end [2]   22 [1] 12
Other Restructuring Plans [Member]      
Restructuring Reserve Disclosures [Abstract]      
Accrued at period start [2],[6] 41 [1] 84 199
Initial Costs [2],[3],[6] 0 0 0
Adjustments to Cost [2],[4],[6] (25) (15) (28)
Cash Payments [2],[6] (105) (29) (89)
Others [2],[5],[6] 4 1 2
Accrued at period end [2],[6] 86 [1] 41 [1] $ 84
Other Restructuring Plans & Fiscal 2024 Oracle Restructuring [Member]      
Restructuring Reserve Disclosures [Abstract]      
Accrued at period start [1],[2],[6] $ 212    
Accrued at period end [1],[2],[6]   $ 212  
[1] As of May 31, 2026, $581 million and $72 million were recorded in other current liabilities and other non-current liabilities, respectively, within our consolidated balance sheets. As of May 31, 2025, substantially all restructuring liabilities have been recorded in other current liabilities within our consolidated balance sheets.
[2] Restructuring costs recorded to each of the operating segments presented primarily related to employee severance costs. Other restructuring costs represented employee severance costs not related to our operating segments and certain other restructuring plan costs.
[3] Costs recorded for the respective restructuring plans during the period presented.
[4] All plan adjustments were changes in estimates whereby increases and decreases in costs were generally recorded to operating expenses in the period of adjustments.
[5] Represents foreign currency translation and certain other non-cash adjustments.
[6] Other restructuring plans presented in the tables above included condensed information for other Oracle based plans and other plans associated with certain of our acquisitions whereby we continued to make cash outlays to settle obligations under these plans during the periods presented but for which the periodic impact to our consolidated statements of operations was not significant.
v3.26.1
RESTRUCTURING AND OTHER EXPENSES - Summary of All Plans - Parenthetical (Details) - USD ($)
$ in Millions
May 31, 2026
May 31, 2025
 [1]
May 31, 2024
May 31, 2023
Restructuring Cost and Reserve [Line Items]        
Restructuring Reserve, Total [2] $ 653 [1] $ 212 $ 236 $ 199
Other Current Liabilities [Member]        
Restructuring Cost and Reserve [Line Items]        
Restructuring Reserve, Total 581      
Other Noncurrent Liabilities [Member]        
Restructuring Cost and Reserve [Line Items]        
Restructuring Reserve, Total $ 72      
[1] As of May 31, 2026, $581 million and $72 million were recorded in other current liabilities and other non-current liabilities, respectively, within our consolidated balance sheets. As of May 31, 2025, substantially all restructuring liabilities have been recorded in other current liabilities within our consolidated balance sheets.
[2] Restructuring costs recorded to each of the operating segments presented primarily related to employee severance costs. Other restructuring costs represented employee severance costs not related to our operating segments and certain other restructuring plan costs.
v3.26.1
DEFERRED REVENUES (Details) - USD ($)
$ in Millions
May 31, 2026
May 31, 2025
Deferred Revenues [Line Items]    
Deferred revenues, current $ 9,916 $ 9,387
Deferred revenues, non-current (in other non-current liabilities) 5,479 1,346
Total deferred revenues 15,395 10,733
Cloud [Member] | Cloud [Member]    
Deferred Revenues [Line Items]    
Deferred revenues, current 3,228 2,959
Software [Member] | Software [Member]    
Deferred Revenues [Line Items]    
Deferred revenues, current 5,662 5,350
Hardware [Member] | Hardware [Member]    
Deferred Revenues [Line Items]    
Deferred revenues, current 521 614
Services [Member] | Services [Member]    
Deferred Revenues [Line Items]    
Deferred revenues, current $ 505 $ 464
v3.26.1
LEASES, OTHER COMMITMENTS AND CERTAIN CONTINGENCIES Narrative (Details) - USD ($)
$ in Millions
 1 Months Ended 12 Months Ended
Jun. 22, 2026
May 31, 2026
May 31, 2025
May 31, 2024
Leases Other Commitments And Certain Contingencies Disclosure [Line Items]        
Lease guaranteed of lessor's borrowing   $ 3,300    
Guaranteed of lessor borrowing matures   2026-09    
Finance lease, ROU assets, net of accumulated depreciation   $ 7,464 $ 2,874  
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]   Property, Plant and Equipment, Net Property, Plant and Equipment, Net  
Finance lease, current lease liabilities   $ 620 $ 257  
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]   Other Liabilities, Current Other Liabilities, Current  
Finance lease, non-current lease liabilities   $ 7,081 $ 2,677  
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]   Other Liabilities, Noncurrent Other Liabilities, Noncurrent  
Finance lease ROU assets in exchange for finance lease obligations   $ 4,946 $ 2,921 $ 0
Weighted average remaining lease term for finance leases   14 years 15 years  
Weighted average discount rate used for calculating finance lease obligations   5.70% 5.50%  
Finance leases   $ 7,701 $ 2,934  
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]   Other Liabilities, Noncurrent    
Additional operating lease commitments   $ 260,000    
Unconditional purchase commitments   13,309    
Operating lease expenses   $ 2,794 $ 1,716 1,159
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]   Operating lease right-of-use assets Operating lease right-of-use assets  
Operating lease right-of-use assets   $ 29,690 $ 13,145  
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]   Other current liabilities Other current liabilities  
Operating lease liabilities, current   $ 3,542 $ 1,914  
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]   Operating lease liabilities, non-current Operating lease liabilities, non-current  
Operating lease liabilities, non-current   $ 26,648 $ 11,536  
Right of use asset in exchange for operating lease obligation   18,246 6,970 4,246
Cash paid for operating lease liabilities   $ 2,548 $ 1,685 $ 1,168
Operating leases weighted average remaining lease term   12 years 10 years  
Operating lease obligations, weighted average discount rate   5.70% 5.30%  
Subsequent Event [Member]        
Leases Other Commitments And Certain Contingencies Disclosure [Line Items]        
Unconditional purchase commitments $ 19,000      
Unconditional purchase commitments, term 5 years      
Minimum [Member]        
Leases Other Commitments And Certain Contingencies Disclosure [Line Items]        
Operating leases remaining terms   1 year    
Operating leases not yet commenced, terms   15 years    
Maximum [Member]        
Leases Other Commitments And Certain Contingencies Disclosure [Line Items]        
Operating leases remaining terms   17 years    
Operating leases not yet commenced, terms   19 years    
v3.26.1
LEASES, OTHER COMMITMENTS AND CERTAIN CONTINGENCIES - Components of Lease Expense (Details) - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Lease, Cost [Abstract]      
Operating lease cost $ 2,794 $ 1,716 $ 1,159
Finance lease cost:      
Amortization of ROU assets 351 48 0
Interest on lease liabilities 279 38 0
Total finance lease cost $ 630 $ 86 $ 0
v3.26.1
LEASES, OTHER COMMITMENTS AND CERTAIN CONTINGENCIES - Supplemental Balance Sheet Information Related to Leases (Details) - USD ($)
$ in Millions
May 31, 2026
May 31, 2025
Operating leases:    
Operating lease ROU assets $ 29,690 $ 13,145
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] Operating lease ROU assets Operating lease ROU assets
Operating lease liabilities:    
Operating lease liabilities, current $ 3,542 $ 1,914
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration] Other Liabilities, Current Other Liabilities, Current
Operating lease liabilities, non-current $ 26,648 $ 11,536
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration] Operating lease liabilities, non-current Operating lease liabilities, non-current
Total operating lease liabilities $ 30,190 $ 13,450
Weighted average remaining lease term 12 years 10 years
Weighted average discount rate 5.70% 5.30%
Finance leases:    
Finance leases, ROU assets $ 7,464 $ 2,874
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] Property, Plant and Equipment, Net Property, Plant and Equipment, Net
Finance lease liabilities:    
Finance lease liabilities, current $ 620 $ 257
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration] Other Liabilities, Current Other Liabilities, Current
Finance lease liabilities, non-current $ 7,081 $ 2,677
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration] Other Liabilities, Noncurrent Other Liabilities, Noncurrent
Total finance lease liabilities $ 7,701 $ 2,934
Weighted average remaining lease term 14 years 15 years
Weighted average discount rate 5.70% 5.50%
v3.26.1
LEASES, OTHER COMMITMENTS AND CERTAIN CONTINGENCIES - Supplemental Cash Flow Information Related to Leases (Details) - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Cash paid for amounts included in the measurement of lease liabilities:      
Operating leases $ 2,548 $ 1,685 $ 1,168
Finance leases 452 27 0
ROU assets obtained in exchange for lease obligations:      
Operating leases 18,246 6,970 4,246
Finance leases $ 4,946 $ 2,921 $ 0
v3.26.1
LEASES, OTHER COMMITMENTS AND CERTAIN CONTINGENCIES - Schedule of Maturities of Lease Liabilities (Details) - USD ($)
$ in Millions
May 31, 2026
May 31, 2025
Operating Leases    
Fiscal 2027 $ 3,712  
Fiscal 2028 3,603  
Fiscal 2029 3,550  
Fiscal 2030 3,550  
Fiscal 2031 3,519  
Thereafter 23,933  
Total lease payments 41,867  
Less: imputed interest (11,677)  
Total operating lease liability $ 30,190 $ 13,450
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List] Other current liabilities Other current liabilities
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List] Operating lease liabilities, non-current Operating lease liabilities, non-current
Finance Leases    
Fiscal 2027 $ 656  
Fiscal 2028 676  
Fiscal 2029 697  
Fiscal 2030 718  
Fiscal 2031 740  
Thereafter 7,973  
Total financial lease payments 11,460  
Less: imputed interest (3,759)  
Total finance lease liabilities $ 7,701 $ 2,934
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration] Other Liabilities, Noncurrent  
v3.26.1
LEASES, OTHER COMMITMENTS AND CERTAIN CONTINGENCIES - Schedule of Unconditional Purchase and Certain Other Obligations (Details)
$ in Millions
May 31, 2026
USD ($)
Unconditional Obligations [Abstract]  
Fiscal 2027 $ 1,841
Fiscal 2028 1,034
Fiscal 2029 1,053
Fiscal 2030 952
Fiscal 2031 896
Thereafter 7,533
Total $ 13,309
v3.26.1
STOCKHOLDERS' EQUITY Narrative (Details) - USD ($)
 12 Months Ended
Jun. 10, 2026
Feb. 05, 2026
Feb. 02, 2026
May 31, 2026
May 31, 2025
May 31, 2024
Mandatory Convertible Preferred Stock [Abstract]            
Preferred stock shares issued   100,000,000        
Stock Repurchases [Abstract]            
Repurchases of common stock (in shares)       400,000 3,900,000 10,600,000
Amount available for future repurchases       $ 6,300,000,000    
Repurchased amount       $ 93,000,000 $ 600,000,000 $ 1,200,000,000
Dividends on Common Stock [Abstract]            
Dividends declared per common share (in dollars per share)       $ 2 $ 1.7 $ 1.6
Proceeds from issuances of common stock       $ 1,449,000,000 $ 653,000,000 $ 742,000,000
ATM Offering [Member]            
Dividends on Common Stock [Abstract]            
Proceeds from issuances of common stock     $ 20,000,000,000      
Common stock shares sold       0    
6.50% Series D Mandatory Convertible Preferred Stock [Member]            
Mandatory Convertible Preferred Stock [Abstract]            
Preferred stock shares issued   50,000   50,000    
Preferred stock dividend rate percentage   6.50%   6.50%    
Preferred stock share liquidation preference   $ 100,000        
Preferred stock liquidation per share value   $ 0.01        
Preferred stock dividend payment terms       Dividends that are declared will be payable on January 15, April 15, July 15 and October 15 to holders of record on January 1, April 1, July 1 and October 1 immediately preceding the relevant dividend payment date.    
Convertible preferred stock converted   499.8126        
Average volume weighted average price per share consecutive trading day   20 days        
Dividends on Common Stock [Abstract]            
Dividends declared per share of outstanding preferred stock (in dollars per share)       $ 1,263.89    
Minimum | 6.50% Series D Mandatory Convertible Preferred Stock [Member]            
Mandatory Convertible Preferred Stock [Abstract]            
Convertible preferred stock converted   499.8126        
Maximum | 6.50% Series D Mandatory Convertible Preferred Stock [Member]            
Mandatory Convertible Preferred Stock [Abstract]            
Convertible preferred stock converted   624.7657        
Subsequent Event | Quarterly Cash Dividend            
Dividends on Common Stock [Abstract]            
Dividends declared per share of outstanding common stock (in dollars per share) $ 0.5          
Dividend payable date Jul. 24, 2026          
Dividend record date Jul. 10, 2026          
Subsequent Event | 6.50% Series D Mandatory Convertible Preferred Stock [Member] | Quarterly Cash Dividend            
Dividends on Common Stock [Abstract]            
Dividend payable date Jul. 15, 2026          
Dividend record date Jul. 01, 2026          
Dividends declared per share of outstanding preferred stock (in dollars per share) $ 1,625          
v3.26.1
STOCKHOLDERS' EQUITY (Details) - USD ($)
$ in Millions
May 31, 2026
May 31, 2025
Accumulated Other Comprehensive Loss [Abstract]    
Foreign currency translation losses $ (1,566) $ (1,334)
Unrealized gains on defined benefit plans, net 150 105
Unrealized gains on cash flow hedges, net 36 54
Total accumulated other comprehensive loss $ (1,380) $ (1,175)
v3.26.1
EMPLOYEE BENEFIT PLANS Narrative (Details) - USD ($)
 1 Months Ended 12 Months Ended
Apr. 30, 2020
May 31, 2026
May 31, 2023
May 31, 2022
May 31, 2025
May 31, 2024
Stock-based Payment Award [Line Items]            
Options outstanding   21,000,000 64,000,000   41,000,000 51,000,000
Options outstanding vested   5,000,000        
Restricted stock-based awards outstanding   81,000,000 152,000,000   117,000,000 138,000,000
Stock options outstanding   1,000,000        
2020 Plan [Member]            
Stock-based Payment Award [Line Items]            
Number of shares authorized   348,000,000        
Increase in number of authorized shares of stock that may be issued   350,000,000   300,000,000    
2020 Plan [Member] | Restricted Stock Units [Member]            
Stock-based Payment Award [Line Items]            
Restricted stock-based awards outstanding   77,000,000        
2020 Plan [Member] | Service-based stock options [Member]            
Stock-based Payment Award [Line Items]            
Options outstanding   17,000,000        
Stock options vested, shares   4,000,000        
2020 Plan [Member] | Performance-based stock options [Member]            
Stock-based Payment Award [Line Items]            
Options outstanding vested   1,000,000        
Stock options outstanding   3,000,000        
2020 and 2000 Plan [Member] | Restricted Stock Units [Member]            
Stock-based Payment Award [Line Items]            
Vesting period   4 years        
Equivalent number of shares deducted against share pool (in actual number of shares)   2,500,000        
2020 and 2000 Plan [Member] | Service-based stock options [Member]            
Stock-based Payment Award [Line Items]            
Vesting period   4 years        
Expiration period   10 years        
2020 and 2000 Plan [Member] | Performance-based stock options [Member]            
Stock-based Payment Award [Line Items]            
Expiration period   10 years        
Directors' Plan [Member]            
Stock-based Payment Award [Line Items]            
Increase in number of authorized shares of stock that may be issued     2,000,000      
Shares of common stock available for future awards   1,000,000        
Shares of common stock reserved for issuance   10,000,000        
Directors' Plan [Member] | Restricted Stock Units [Member]            
Stock-based Payment Award [Line Items]            
Restricted stock-based awards outstanding   13,000        
Maximum value of annual grants $ 350,000          
v3.26.1
EMPLOYEE BENEFIT PLANS (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Shares Under Restricted Stock-based Awards [Abstract]      
Beginning balance 117 138 152
Granted 23 38 47
Vested and issued (47) (52) (53)
Canceled (12) (7) (8)
Ending balance 81 117 138
Weighted Average Grant Date Fair Value [Abstract]      
Beginning balance $ 108.91 $ 83.43 $ 69.09
Granted 243.23 159.11 110.26
Vested and issued 98.06 78.30 66.97
Canceled 132.82 99.44 77.52
Ending balance $ 149.88 $ 108.91 $ 83.43
Total grant date fair value of restricted stock-based awards, vested and issued $ 4,700 $ 4,000 $ 3,500
Unrecognized compensation expense related to non-vested restricted stock-based awards $ 8,900    
Weighted average recognition period of unrecognized compensation expense for shares expected to vest 3 years 3 months 18 days    
Shares Under Stock Option [Abstract]      
Beginning balance 41 51 64
Granted and assumed 15 0 2
Exercised (25) (10) (15)
Canceled (10)    
Ending balance 21 41 51
Vested 5    
Expected to vest [1] 15    
Total 20    
Weighted Average Exercise Price [Abstract]      
Beginning balance $ 52.58 $ 51.05 $ 45.42
Granted and assumed 279.53 0 113.91
Exercised 50.04 44.84 34.84
Canceled 60.51    
Ending balance 217.63 $ 52.58 $ 51.05
Vested 49.37    
Expected to vest [1] 275.9    
Total $ 223.97    
Weighted Average Remaining Contract Term (in years) [Abstract]      
Vested 1 year 7 months 20 days    
Expected to vest 9 years 4 months 6 days    
Total 7 years 6 months 29 days    
Aggregate Intrinsic Value (in millions) [Abstract]      
Vested [2] $ 789    
Expected to vest [1],[2] 95    
Total [2] $ 884    
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions and Methodology [Abstract]      
Closing stock price $ 225.78    
Unrecognized compensation expense for shares expected to vest $ 1,800    
Shares not expected to vest 1    
Stock-based compensation expense and valuations of stock awards [Abstract]      
Total stock-based compensation $ 4,811 $ 4,674 $ 3,974
Estimated income tax benefit included in provision for income taxes (1,100) (1,050) (913)
Total stock-based compensation, net of estimated income tax benefit 3,711 3,624 3,061
Other Postretirement Plans [Member]      
Stock-based compensation expense and valuations of stock awards [Abstract]      
Total defined benefit plan pension expense 73 69 $ 71
Aggregate projected benefit obligation 1,100 1,100  
Aggregate net liability (funded status) $ (256) $ (350)  
Employee Stock Purchase Plan [Member]      
Stock-based compensation expense and valuations of stock awards [Abstract]      
Stock purchase price as a percentage of the fair market value on the purchase date 95.00%    
Shares reserved for future issuances under the purchase plan 33    
Common stock issued under stock purchase plans 1 1 2
Cloud and Software [Member]      
Stock-based compensation expense and valuations of stock awards [Abstract]      
Total stock-based compensation $ 622 $ 609 $ 525
Hardware [Member]      
Stock-based compensation expense and valuations of stock awards [Abstract]      
Total stock-based compensation 27 29 23
Services [Member]      
Stock-based compensation expense and valuations of stock awards [Abstract]      
Total stock-based compensation 210 202 167
Sales and marketing [Member]      
Stock-based compensation expense and valuations of stock awards [Abstract]      
Total stock-based compensation 759 757 667
Research and development [Member]      
Stock-based compensation expense and valuations of stock awards [Abstract]      
Total stock-based compensation 2,805 2,638 2,225
General and administrative [Member]      
Stock-based compensation expense and valuations of stock awards [Abstract]      
Total stock-based compensation $ 388 $ 439 $ 367
Restricted Stock Units [Member]      
Weighted Average Grant Date Fair Value [Abstract]      
Weighted average recognition period of unrecognized compensation expense for shares expected to vest 2 years 8 months 19 days    
Service-based and Performance-based Stock Options [Member]      
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions and Methodology [Abstract]      
Expected life (in years) 6 years 8 months 12 days    
Risk-free interest rate 3.80%    
Volatility 51.00%    
Dividend yield 0.70%    
Weighted-average fair value per share $ 142.64    
[1] The unrecognized compensation expense calculated under the fair value method for shares expected to vest as of May 31, 2026 was $1.8 billion and is expected to be recognized over a weighted-average period of 3.30 years. Approximately 1 million shares outstanding as of May 31, 2026 were not expected to vest.
[2] The aggregate intrinsic value was calculated based on the gross difference between our closing stock price on the last trading day of fiscal 2026 of $225.78 and the exercise prices for all “in-the-money” options outstanding, excluding tax effects.
v3.26.1
TAX BENEFITS FROM EXERCISES OF STOCK OPTIONS AND VESTING OF RESTRICTED STOCK-BASED AWARDS Narrative (Details) - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Tax Benefits from Exercise of Stock Options and Vesting of Restricted Stock-Based Awards [Abstract]      
Total cash received as a result of stock option exercises $ 1,200 $ 448 $ 545
Aggregate intrinsic value of vesting of restricted stock-based awards and options exercised 17,000 9,000 7,400
Tax benefits realized in connection with the vesting of restricted stock-based awards and exercises of stock options $ 4,000 $ 2,100 $ 1,700
v3.26.1
DEFERRED CONTRIBUTION PLANS Narrative (Details) - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Defined Contribution Plan Disclosure [Line Items]      
Defined contribution plan expense $ 478 $ 485 $ 468
US [Member]      
Defined Contribution Plan Disclosure [Line Items]      
Oracle 401(K) Plan employee contribution maximum rate 40.00%    
Oracle 401 (K) employer contribution match rate 50.00%    
Oracle 401(K) employer maximum match on employee contribution each pay period 6.00%    
Oracle 401 (K) plan employer contribution $ 194 $ 206 $ 200
v3.26.1
DEFERRED COMPENSATION PLANS Narrative (Details) - Other Postretirement Plans [Member] - USD ($)
$ in Billions
May 31, 2026
May 31, 2025
Deferred Compensation Plan Disclosure [Line Items]    
Deferred compensation plan assets $ 1.4  
Deferred compensation plan liabilities   $ 1.1
v3.26.1
INCOME TAXES Narrative (Details) - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Income Tax Examination [Line Items]      
Estimated deferred tax liability $ 2,000    
Deferred Tax Assets, Net [Abstract]      
Net deferred tax assets 11,219 $ 10,248  
Valuation allowance 2,483 1,962  
Tax Credit Carryforwards [Abstract]      
Tax credit carryforwards subject to limitation on utilization 1,500    
Tax credit carryforwards not subject to expiration dates 939    
Tax credit carryforwards subject to expiration dates 518    
Unrecognized Tax Benefits (Narrative) [Abstract]      
Unrecognized tax benefits that would affect our effective tax rate if recognized 4,900 4,500 $ 4,200
Interest and penalties related to uncertain tax positions recognized in our provision for income taxes 594 321 $ 199
Interest and penalties related to uncertain tax positions accrued 2,700 2,100  
Net tax expense 933    
other current liabilities      
Income Tax Examination [Line Items]      
Current income taxes payable $ 583 $ 2,300  
Earliest Tax Year [Member]      
Tax Credit Carryforwards [Abstract]      
Tax credit carryforward expiration dates Jun. 01, 2027    
Latest Tax Year [Member]      
Tax Credit Carryforwards [Abstract]      
Tax credit carryforward expiration dates May 31, 2046    
Federal [Member]      
Operating Loss Carryforwards [Abstract]      
Net operating loss carryforwards $ 374    
Federal net operating loss carryforwards not subject to expiration 234    
Federal [Member] | Expire in various years between fiscal 2027 and fiscal 2038 [Member]      
Operating Loss Carryforwards [Abstract]      
Net operating loss carryforwards $ 140    
Federal [Member] | Earliest Tax Year [Member]      
Operating Loss Carryforwards [Abstract]      
Operating loss carryforwards expiration date Jun. 01, 2027    
Federal [Member] | Latest Tax Year [Member]      
Operating Loss Carryforwards [Abstract]      
Operating loss carryforwards expiration date May 31, 2038    
State [Member]      
Operating Loss Carryforwards [Abstract]      
Net operating loss carryforwards $ 2,700    
State net operating loss carryforwards not subject to expiration 275    
State [Member] | Expire in various years between fiscal 2027 and fiscal 2046 [Member]      
Operating Loss Carryforwards [Abstract]      
Net operating loss carryforwards $ 2,400    
State [Member] | Earliest Tax Year [Member]      
Operating Loss Carryforwards [Abstract]      
Operating loss carryforwards expiration date Jun. 01, 2027    
State [Member] | Latest Tax Year [Member]      
Operating Loss Carryforwards [Abstract]      
Operating loss carryforwards expiration date May 31, 2046    
Foreign [Member]      
Operating Loss Carryforwards [Abstract]      
Net operating loss carryforwards $ 2,000    
Foreign net operating loss carryforwards not subject to expiration 1,900    
Foreign net operating loss carryforwards subject to expiration 79    
Capital loss carryforwards $ 260    
Foreign [Member] | Earliest Tax Year [Member]      
Operating Loss Carryforwards [Abstract]      
Operating loss carryforwards expiration date Jun. 01, 2027    
Foreign [Member] | Latest Tax Year [Member]      
Operating Loss Carryforwards [Abstract]      
Operating loss carryforwards expiration date May 31, 2046    
v3.26.1
INCOME TAXES - Geographical Breakdown of Income Before Income Taxes (Details) - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Income Tax Disclosure [Abstract]      
Domestic $ 8,693 $ 4,376 $ 3,023
Foreign 10,861 9,784 8,718
Income before income taxes $ 19,554 $ 14,160 $ 11,741
v3.26.1
INCOME TAXES - Components of Provision for Income Taxes (Details) - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Provision for Income Taxes [Abstract]      
Federal $ 1,072 $ 1,172 $ 999
State 307 196 420
Foreign 2,005 1,986 1,994
Total current provision 3,384 3,354 3,413
Federal (1,783) (2,208) (2,020)
State (152) (202) (280)
Foreign 1,018 773 161
Total deferred benefit (917) (1,637) (2,139)
Total provision for income taxes $ 2,467 $ 1,717 $ 1,274
Effective income tax rate 12.60% 12.10% 10.90%
v3.26.1
INCOME TAXES - Reconciliation of Differences Between Federal Statutory Tax Rate and Effective Tax Rate (Details) - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Reconciliation of Differences Between Amount Computed by Applying Federal Statutory Rate to our Income Before Provision for Income Taxes and Provision for Income Taxes [Abstract]      
Tax provision at statutory rate / U.S. federal statutory income tax rate $ 4,106 $ 2,974 $ 2,466
Tax Jurisdiction of Domicile [Extensible Enumeration] us-gaap:DomesticCountryMember    
Foreign earnings at other than U.S. rates / Foreign tax effects $ (77) (381) (262)
State tax expense, net of federal benefit   128 81
Effect of changes in tax laws or rates enacted in the current period [1] 933    
Tax credits (1,587)    
Federal research and development credit (621) (411) (372)
Foreign tax credits (965)    
Other (1)    
Nontaxable or nondeductible items (1,970)    
Stock-based compensation (2,062) (801) (624)
Other 92    
Settlements and releases from judicial decisions and statute expirations, net   (149) (124)
Tax contingency interest accrual, net / Changes in unrecognized tax benefits 847 322 157
Domestic tax contingency, net   75 131
Realization of a one-time tax attribute   0 (235)
Other, net / Other adjustments 215 [2] (40) 56
Total provision for income taxes $ 2,467 $ 1,717 $ 1,274
U.S. federal statutory tax rate 21.00% 21.00% 21.00%
Foreign tax effects (0.40%)    
Effect of changes in tax laws or rates enacted in the current period [1] 4.80%    
Tax credits (8.10%)    
Federal research and development credit (3.20%)    
Foreign tax credits (4.90%)    
Other 0.00%    
Nontaxable or nondeductible items (10.10%)    
Stock-based compensation (10.60%)    
Other 0.50%    
Changes in unrecognized tax benefits 4.30%    
Other adjustments [2] 1.10%    
Effective income tax rate 12.60% 12.10% 10.90%
Switzerland [Member]      
Reconciliation of Differences Between Amount Computed by Applying Federal Statutory Rate to our Income Before Provision for Income Taxes and Provision for Income Taxes [Abstract]      
Foreign earnings at other than U.S. rates / Foreign tax effects $ (377)    
Other, net / Other adjustments $ 21    
Foreign tax effects (1.90%)    
Other adjustments 0.10%    
Malta [Member]      
Reconciliation of Differences Between Amount Computed by Applying Federal Statutory Rate to our Income Before Provision for Income Taxes and Provision for Income Taxes [Abstract]      
Foreign earnings at other than U.S. rates / Foreign tax effects $ 255    
Equity allowance (546)    
Other, net / Other adjustments $ (78)    
Foreign tax effects 1.30%    
Equity allowance (2.80%)    
Other adjustments (0.40%)    
Bermuda [Member]      
Reconciliation of Differences Between Amount Computed by Applying Federal Statutory Rate to our Income Before Provision for Income Taxes and Provision for Income Taxes [Abstract]      
Foreign earnings at other than U.S. rates / Foreign tax effects $ (105)    
Income exclusion $ (263)    
Foreign tax effects 0.50%    
Income exclusion (1.40%)    
Other Foreign Jurisdictions [Member]      
Reconciliation of Differences Between Amount Computed by Applying Federal Statutory Rate to our Income Before Provision for Income Taxes and Provision for Income Taxes [Abstract]      
Foreign earnings at other than U.S. rates / Foreign tax effects $ 1,016    
Foreign tax effects 5.20%    
[1] Primarily related to the tax effects of enactment of the U.S. One, Big, Beautiful Bill Act.
[2] Includes the tax effects of changes in valuation allowances, effect of cross-border tax laws and state taxes, net of federal benefit. California, Virginia and Missouri represent the majority of the state taxes net of federal benefit.
v3.26.1
INCOME TAXES - Schedule of Cash Paid for Income Taxes, Net of Refunds Received, by Jurisdiction (Details)
$ in Millions
 12 Months Ended
May 31, 2026
USD ($)
Income Tax Paid, by Individual Jurisdiction [Line Items]  
Federal $ 2,460
State 249 [1]
Total cash paid for income taxes, net of refunds received 3,704
Korea [Member]  
Income Tax Paid, by Individual Jurisdiction [Line Items]  
Foreign (262)
Japan [Member]  
Income Tax Paid, by Individual Jurisdiction [Line Items]  
Foreign 203
India [Member]  
Income Tax Paid, by Individual Jurisdiction [Line Items]  
Foreign 193
Other [Member]  
Income Tax Paid, by Individual Jurisdiction [Line Items]  
Foreign $ 861
[1] No individual state accounted for more than 5%.
v3.26.1
INCOME TAXES - Components of Deferred Tax Liabilities and Assets (Details) - USD ($)
$ in Millions
May 31, 2026
May 31, 2025
Components of Deferred Tax Assets [Abstract]    
Accruals and allowances $ 1,195 $ 790
Employee compensation and benefits 1,006 1,068
Differences in timing of revenue recognition 970 894
Lease liabilities 9,333 3,279
Basis of property, plant and equipment and intangible assets 6,882 7,800
Capitalized research and development 5,784 4,153
Tax credit and net operating loss carryforwards 6,602 5,857
Total deferred tax assets 31,772 23,841
Valuation allowance (2,483) (1,962)
Total deferred tax assets, net 29,289 21,879
Components of Deferred Tax Liabilities [Abstract]    
Acquired intangible assets (544) (920)
GILTI deferred (6,852) (6,949)
ROU assets (9,181) (3,207)
Withholding taxes on foreign earnings (424) (364)
Other (1,069) (191)
Total deferred tax liabilities (18,070) (11,631)
Net deferred tax assets $ 11,219 $ 10,248
v3.26.1
INCOME TAXES - Components of Deferred Tax Liabilities and Assets Continued (Details) - USD ($)
$ in Millions
May 31, 2026
May 31, 2025
Components of Deferred Tax Assets and Liabilities [Abstract]    
Non-current deferred tax assets $ 11,541 $ 11,877
Non-current deferred tax liabilities (322) (1,629)
Net deferred tax assets $ 11,219 $ 10,248
v3.26.1
INCOME TAXES - Gross Unrecognized Tax Benefits, Including Acquisitions (Details) - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Gross Unrecognized Tax Benefits Including Acquisitions [Abstract]      
Gross unrecognized tax benefits as of June 1 $ 9,438 $ 8,785 $ 7,715
Increases related to tax positions from prior fiscal years 192 239 492
Decreases related to tax positions from prior fiscal years (70) (98) (128)
Increases related to tax positions taken during current fiscal year 931 846 889
Settlements with tax authorities (171) (161) (46)
Lapses of statutes of limitation (216) (162) (129)
Cumulative translation adjustments and other, net 22    
Cumulative translation adjustments and other, net   (11) (8)
Total gross unrecognized tax benefits as of May 31 $ 10,126 $ 9,438 $ 8,785
v3.26.1
SEGMENT INFORMATION Narrative (Details)
 12 Months Ended
May 31, 2026
Segment
Business
Segment reporting information [Line Items]  
Number of businesses | Business 3
Number of reportable segments 3
Segment Reporting, CODM, Individual Title and Position or Group Name [Extensible Enumeration] srt:ChiefExecutiveOfficerMember, Chief Technology Officer [Member]
Segment Reporting, CODM, Profit (Loss) Measure, How Used, Description our CODMs evaluate results in a number of different ways, the line of business management structure is the primary basis for which the allocation of resources and financial results are assessed.We have three businesses—cloud and software (formerly referred to as cloud and license), hardware and services—each of which is comprised of a single operating segment. The tabular information below presents financial information, including information on segment revenues, significant segment expenses categories and amounts on a segment basis and included within each reported measure of a segment’s profit or loss, that is regularly provided to our CODMs for their review and assists our CODMs with evaluating the company’s performance and allocating company resources.
Cloud and Software [Member]  
Segment reporting information [Line Items]  
Number of operating segments 1
Hardware [Member]  
Segment reporting information [Line Items]  
Number of operating segments 1
Services [Member]  
Segment reporting information [Line Items]  
Number of operating segments 1
v3.26.1
SEGMENT INFORMATION (Details) - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Segment reporting information [Line Items]      
Revenues $ 67,357 $ 57,399 $ 52,961
Cloud and software expenses [1] 17,597 11,569 9,427
Sales and marketing expenses [1] 8,331 8,651 8,274
Operating income 20,606 17,678 15,353
Operating Segments [Member]      
Segment reporting information [Line Items]      
Revenues 67,357 57,399 52,961
Expenses 29,339 23,558 21,616
Operating income [2] 38,018 33,841 31,345
Operating Segments [Member] | Cloud and Software [Member]      
Segment reporting information [Line Items]      
Revenues 58,530 49,230 44,464
Cloud and software expenses 16,850 10,827 8,783
Sales and marketing expenses 7,212 7,473 7,167
Operating income [2] 34,468 30,930 28,514
Operating Segments [Member] | Hardware [Member]      
Segment reporting information [Line Items]      
Revenues 3,084 2,936 3,066
Hardware expenses 832 742 855
Sales and marketing expenses 235 276 296
Operating income [2] 2,017 1,918 1,915
Operating Segments [Member] | Services [Member]      
Segment reporting information [Line Items]      
Revenues 5,743 5,233 5,431
Expenses 4,210 4,240 4,515
Operating income [2] $ 1,533 $ 993 $ 916
[1] Exclusive of amortization of intangible assets, which is shown separately.
[2] The margins reported reflect only the direct controllable costs of each line of business and do not include allocations of research and development, general and administrative and certain other allocable expenses, net. Additionally, the margins reported above do not reflect amortization of intangible assets, restructuring and other expenses, stock-based compensation, interest expense or certain other non-operating income (expenses),
net. Refer to the table below for a reconciliation of our total margin for operating segments to our income before income taxes as reported per our consolidated statements of operations.
v3.26.1
SEGMENT INFORMATION RECONCILIATION (Details) - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Reconciliation of Total Operating Segment Margin to Income Before Provision for Income Taxes [Abstract]      
Total margin for operating segments $ 20,606 $ 17,678 $ 15,353
Research and development (10,272) (9,860) (8,915)
General and administrative (1,618) (1,602) (1,548)
Amortization of intangible assets (1,671) (2,307) (3,010)
Restructuring and other (1,838) (374) (718)
Stock-based compensation for operating segments (1,618) (1,597) (1,382)
Expense allocations and other, net (395) (423) (419)
Interest expense (4,599) (3,578) (3,514)
Non-operating income (expenses), net 3,547 60 (98)
Income before income taxes 19,554 14,160 11,741
Operating Segments [Member]      
Reconciliation of Total Operating Segment Margin to Income Before Provision for Income Taxes [Abstract]      
Total margin for operating segments [1] $ 38,018 $ 33,841 $ 31,345
[1] The margins reported reflect only the direct controllable costs of each line of business and do not include allocations of research and development, general and administrative and certain other allocable expenses, net. Additionally, the margins reported above do not reflect amortization of intangible assets, restructuring and other expenses, stock-based compensation, interest expense or certain other non-operating income (expenses),
net. Refer to the table below for a reconciliation of our total margin for operating segments to our income before income taxes as reported per our consolidated statements of operations.
v3.26.1
SUMMARY OF TOTAL REVENUES BY GEOGRAPHIC REGION (Details) - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Disaggregation of Revenue [Line Items]      
Total revenues $ 67,357 $ 57,399 $ 52,961
Americas [Member]      
Disaggregation of Revenue [Line Items]      
Total revenues 44,478 36,339 33,122
EMEA [Member]      
Disaggregation of Revenue [Line Items]      
Total revenues [1] 15,297 14,025 13,030
Asia Pacific [Member]      
Disaggregation of Revenue [Line Items]      
Total revenues $ 7,582 $ 7,035 $ 6,809
[1] Comprises Europe, the Middle East and Africa
v3.26.1
SUMMARY OF SOFTWARE REVENUES AND CLOUD REVENUES BY OFFERINGS (Details) - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Disaggregation of Revenue [Line Items]      
Total revenues $ 67,357 $ 57,399 $ 52,961
Software License [Member]      
Disaggregation of Revenue [Line Items]      
Total revenues 4,737 5,201 5,081
Software Support [Member]      
Disaggregation of Revenue [Line Items]      
Total revenues 19,804 19,523 19,609
Software Revenues [Member]      
Disaggregation of Revenue [Line Items]      
Total revenues 24,541 24,724 24,690
Cloud Applications [Member]      
Disaggregation of Revenue [Line Items]      
Total revenues 15,888 14,272 12,934
Cloud Infrastructure [Member]      
Disaggregation of Revenue [Line Items]      
Total revenues 18,101 10,234 6,840
Cloud Revenues [Member]      
Disaggregation of Revenue [Line Items]      
Total revenues $ 33,989 $ 24,506 $ 19,774
v3.26.1
GEOGRAPHIC INFORMATION (Details) - USD ($)
$ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Revenues from external customers and long lived assets [Line Items]      
Revenues $ 67,357 $ 57,399 $ 52,961
Long-Lived Assets [1] 133,264 60,143 32,260
U.S. [Member]      
Revenues from external customers and long lived assets [Line Items]      
Revenues 39,835 32,075 29,055
Long-Lived Assets [1] 102,717 45,439 24,798
United Kingdom [Member]      
Revenues from external customers and long lived assets [Line Items]      
Revenues 2,816 2,594 2,423
Long-Lived Assets [1] 3,903 2,530 1,164
Germany [Member]      
Revenues from external customers and long lived assets [Line Items]      
Revenues 1,993 1,817 1,794
Long-Lived Assets [1] 2,432 2,013 1,192
Japan [Member]      
Revenues from external customers and long lived assets [Line Items]      
Revenues 1,870 1,759 1,662
Long-Lived Assets [1] 3,183 2,320 1,144
Other countries [Member]      
Revenues from external customers and long lived assets [Line Items]      
Revenues 20,843 19,154 18,027
Long-Lived Assets [1] $ 21,029 $ 7,841 $ 3,962
[1] Long-lived assets exclude goodwill, intangible assets, non-marketable investments and deferred taxes, which are not allocated to specific geographic locations as it is impracticable to do so.
v3.26.1
EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
 12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Earnings Per Share [Abstract]      
Net Income (Loss) $ 17,087 $ 12,443 $ 10,467
Preferred stock dividends 103 0 0
Net income available to common shareholders, Basic 16,984 12,443 10,467
Net income available to common shareholders, Diluted $ 16,984 $ 12,443 $ 10,467
Weighted-average common shares outstanding 2,860 2,789 2,744
Dilutive effect of employee stock plans 54 77 79
Dilutive weighted-average common shares outstanding 2,914 2,866 2,823
Basic earnings per share attributable to common shareholders $ 5.94 $ 4.46 $ 3.82
Diluted earnings per share attributable to common shareholders $ 5.83 $ 4.34 $ 3.71
Stock awards and shares excluded from calculation [1] 31 23 27
[1] Consists of: (1) anti-dilutive restricted stock-based awards and stock options, both of which were service-based, as calculated using the treasury stock method, (2) anti-dilutive Mandatory Convertible Preferred Stock as calculated using the if-converted method and (3) contingently issuable shares pursuant to PSO arrangements as the performance conditions were not met. These excluded stock awards and shares could be dilutive in the future. See Note 11 for information regarding our stock-based compensation plans.
v3.26.1
LEGAL PROCEEDINGS (Details) - Netherlands Privacy Class Action
Aug. 14, 2020
EUR (€)
Loss Contingencies [Line Items]  
Immaterial damages claimed, fixed amount per internet user € 500
Compensation for losses due to data breach, fixed amount per internet user € 100
Minimum  
Loss Contingencies [Line Items]  
Percentage of compensation for costs of litigation awarded 10.00%
Maximum  
Loss Contingencies [Line Items]  
Percentage of compensation for costs of litigation awarded 25.00%