Oracle Corporation

NYSE-ORCL

Operating Activities	Nov '25	May '25	Nov '24	May '24	Nov '23	May '23
Net Income	9,062	6,363	6,080	5,544	4,923	5,214
Net Income
Depreciation & Amortization	3,881	3,247	2,927	3,111	3,028	3,144
Depreciation
Amortization of Intangible Assets
Share-Based Compensation Expense	2,280	2,498	2,176	2,096	1,878	1,888
Stock-Based Compensation
Other Adjustments	-1,895	-667	-303	-701	-718	-943
Allowances for Doubtful Accounts Receivable
Deferred Income Taxes
Tax Benefits on the Vesting of Restricted Stock-Based Awards and Exercise of Stock Options
Gains from Investments and Other, Net
Changes in Trade Receivables	-900	-202	-451	-1,110	145	-667
Change in Trade Receivables, Net
Changes in Inventories	—	—	—	—	—	—
Change in Inventories
Changes in Accounts Payable	-1,366	535	-1,143	454	-1,048	504
Change in Accounts Payable and Other Liabilities
Changes in Income Taxes Payable	-2,608	1,026	-1,685	1,414	-1,541	174
Change in Income Taxes Payable
Changes in Unearned Revenue	467	-300	454	507	149	412
Change in Deferred Revenues
Changes in Other Operating Activities	1,285	-410	676	241	301	196
Change in Prepaid Expenses and Other Assets
Cash from Operating Activities	10,206	12,090	8,731	11,556	7,117	9,922
Net Cash Provided by Operating Activities

Investing Activities	Nov '25	May '25	Nov '24	May '24	Nov '23	May '23
Capital Expenditure	-20,535	-14,942	-6,273	-4,472	-2,394	-4,541
Capital Expenditures
Purchases of Investments	-634	-636	-636	-488	-515	-578
Purchases of Marketable Securities and Other Investments
Proceeds from Sale of Investments	4,737	420	356	415	157	651
Proceeds from Maturities of Marketable Securities
Proceeds from Sales of Marketable Securities and Other Investments
Proceeds from Sales and Maturities of Marketable Securities and Other Investments
Payments for Business Acquisitions	—	—	—	-4	-59	78
Acquisitions, Net of Cash Acquired
Cash from Investing Activities	-16,432	-15,158	-6,553	-4,549	-2,811	-4,390
Net Cash Provided by Investing Activities

Financing Activities	Nov '25	May '25	Nov '24	May '24	Nov '23	May '23
Issuance of Short-Term Debt	886	2,285	-396	-1,916	1,749	-1,380
Proceeds from Commercial Paper and Other Short-Term Financing, Net
Net Issuance / (Repayments) of Short-Term Debt	886	2,285	-396	-1,916	1,749	-1,380
Issuance of Long-Term Debt	17,880	7,711	11,837	—	—	5,214
Proceeds from Issuances of Senior Notes and Term Loan Credit Agreements, Net of Issuance Costs
Repayments of Long-Term Debt	-2,122	-6,141	-9,700	—	-3,500	-4,358
Repayments of Senior Notes, Term Loan Credit Agreements and Other Borrowings
Net Issuance / (Repayments) of Long-Term Debt	15,758	1,570	2,137	—	-3,500	856
Issuance of Common Shares	1,308	346	307	316	426	531
Proceeds from Issuances of Common Stock
Repurchases of Common Shares	-204	-302	-1,198	-909	-2,333	-608
Payments for Repurchases of Common Stock
Shares Repurchased for Tax Withholdings Upon Vesting of Restricted Stock-Based Awards
Net Issuance / (Repurchases) of Common Shares	1,104	44	-891	-593	-1,907	-77
Common Share Dividends Paid	-2,848	-2,522	-2,221	-2,201	-2,190	-1,945
Payments of Dividends to Stockholders
Other Financing Activities	-203	1,368	-276	-27	31	1
Distributions to Noncontrolling Interests
Other Financing Activities, Net
Cash from Financing Activities	14,697	2,745	-1,647	-4,737	-5,817	-2,545
Net Cash Provided by Financing Activities