Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Oracle Corp., consolidated balance sheet: assets (quarterly data)

US$ in millions

	May 31, 2026	Feb 28, 2026	Nov 30, 2025	Aug 31, 2025	May 31, 2025	Feb 28, 2025	Nov 30, 2024	Aug 31, 2024	May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021	May 31, 2021	Feb 28, 2021	Nov 30, 2020	Aug 31, 2020
Cash and cash equivalents	31,289)	38,455)	19,241)	10,445)	10,786)	17,406)	10,941)	10,616)	10,454)	9,481)	8,244)	11,613)	9,765)	8,219)	6,813)	10,448)	21,383)	22,682)	17,938)	23,059)	30,098)	22,321)	28,001)	27,276)
Marketable securities	605)	677)	525)	560)	417)	417)	370)	295)	207)	423)	446)	470)	422)	550)	537)	772)	519)	707)	4,900)	16,251)	16,456)	13,543)	10,592)	15,003)
Trade receivables, net of allowances for credit losses	10,385)	10,719)	9,440)	8,843)	8,558)	8,051)	8,177)	8,021)	7,874)	7,297)	6,804)	6,519)	6,915)	6,213)	6,197)	5,937)	5,953)	4,588)	4,462)	4,482)	5,409)	4,637)	4,423)	4,576)
Prepaid expenses and other current assets	4,288)	5,023)	5,160)	4,786)	4,818)	4,242)	4,015)	4,140)	4,019)	3,862)	3,795)	3,564)	3,902)	3,714)	4,014)	3,847)	3,778)	3,698)	3,778)	3,325)	3,604)	3,243)	3,235)	3,084)
Current assets	46,567)	54,874)	34,366)	24,634)	24,579)	30,116)	23,503)	23,072)	22,554)	21,063)	19,289)	22,166)	21,004)	18,696)	17,561)	21,004)	31,633)	31,675)	31,078)	47,117)	55,567)	43,744)	46,251)	49,939)
Property, plant and equipment, net	99,957)	83,617)	67,875)	53,194)	43,522)	31,970)	26,432)	23,094)	21,536)	19,117)	18,009)	17,644)	17,069)	16,345)	14,351)	12,280)	9,716)	8,609)	8,029)	7,610)	7,049)	6,816)	6,627)	6,401)
Intangible assets, net	3,229)	3,641)	3,760)	4,167)	4,587)	5,131)	5,679)	6,270)	6,890)	7,629)	8,378)	9,074)	9,837)	10,707)	11,593)	12,499)	1,440)	1,688)	1,881)	2,181)	2,430)	2,754)	3,061)	3,405)
Goodwill	62,261)	62,274)	62,207)	62,211)	62,207)	62,171)	62,204)	62,249)	62,230)	62,222)	62,231)	62,206)	62,261)	61,499)	61,513)	61,629)	43,811)	43,833)	43,842)	43,862)	43,935)	43,954)	43,877)	43,867)
Deferred tax assets	11,541)	11,360)	11,531)	11,734)	11,877)	11,799)	11,984)	12,219)	12,273)	12,688)	12,758)	12,243)	12,226)	12,153)	12,091)	12,065)	12,782)	13,109)	13,265)	13,391)	13,636)	13,725)	3,401)	3,152)
Other non-current assets	38,204)	29,474)	25,245)	24,509)	21,589)	20,191)	18,681)	17,310)	15,493)	14,363)	13,659)	13,329)	11,987)	12,220)	11,360)	10,832)	9,915)	9,730)	8,802)	8,763)	8,490)	7,116)	6,797)	6,782)
Non-current assets	215,192)	190,366)	170,618)	155,815)	143,782)	131,262)	124,980)	121,142)	118,422)	116,019)	115,035)	114,496)	113,380)	112,924)	110,908)	109,305)	77,664)	76,969)	75,819)	75,807)	75,540)	74,365)	63,763)	63,607)
Total assets	261,759)	245,240)	204,984)	180,449)	168,361)	161,378)	148,483)	144,214)	140,976)	137,082)	134,324)	136,662)	134,384)	131,620)	128,469)	130,309)	109,297)	108,644)	106,897)	122,924)	131,107)	118,109)	110,014)	113,546)

Total assets exhibit a significant long-term upward trajectory, growing from 113,546 million USD in August 2020 to 261,759 million USD by May 2026. This expansion is primarily driven by a massive increase in non-current assets, which shifted the balance sheet composition toward long-term infrastructure and strategic investments.

Fixed Asset Expansion: Property, plant and equipment (PP&E), net, shows the most aggressive growth of any asset category. Increasing from 6,401 million USD in August 2020 to 99,957 million USD by May 2026, this represents a nearly fifteen-fold increase. The growth accelerated sharply after May 2022, indicating a period of intensive capital expenditure likely directed toward cloud infrastructure and data center expansion.
Liquidity and Current Asset Volatility: Current assets demonstrate a cyclical pattern, peaking early at 55,567 million USD in May 2021 before declining to a trough of 17,561 million USD in November 2022. A subsequent recovery is observed, with current assets reaching 46,567 million USD by May 2026. This volatility is largely attributed to fluctuations in cash and cash equivalents and a precipitous decline in marketable securities, which dropped from 15,003 million USD in August 2020 to under 1,000 million USD by late 2021, remaining at low levels thereafter.
Strategic Acquisition Indicators: A structural shift in the balance sheet occurred in August 2022, characterized by a sharp increase in goodwill and intangible assets. Goodwill rose from approximately 43,800 million USD to 61,629 million USD, while intangible assets surged from 3,847 million USD to 12,499 million USD in the same period. Following this spike, intangible assets underwent a steady decline due to amortization, ending at 3,229 million USD in May 2026, while goodwill remained relatively stable.
Working Capital Trends: Trade receivables have maintained a consistent upward trend, growing from 4,576 million USD in August 2020 to 10,385 million USD in May 2026. This steady increase suggests growth in credit sales or a lengthening of the collection cycle. Prepaid expenses and other current assets remained relatively stable, fluctuating within a narrow range between 3,000 million USD and 5,000 million USD over the analyzed period.
Other Non-Current Asset Growth: Other non-current assets grew steadily from 6,782 million USD in August 2020 to 38,204 million USD in May 2026. This growth, combined with the surge in PP&E, underscores a strategic transition toward a more asset-heavy operational model.

Oracle Corp. (NYSE:ORCL)

Balance Sheet: Assets
Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Oracle Corp. (NYSE:ORCL)

Balance Sheet: AssetsQuarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data