Amazon.com, Inc. (AMZN)
Larger industry benchmark · 6.13x market cap
Diversified cloud platforms. Cloud infrastructure is one segment; retail materially changes the consolidated economics.
YouTube · Q2 2026 · 2026-07-31
ORCL · NYSE
Oracle Corp.
Software - Infrastructure · United States
USD 147.61-2.0% daily changeQuote 2026-09-18 · USD
- Market cap (USD)
- US$446.33B
- Trailing P/E
- 23.14x
- Forward P/E
- 13.42x
- Quarterly revenue growth
- 29.6%
- Trailing net margin
- 26.4%
- Indicated dividend yield
- 1.4%
Snapshot 2026-09-20 · Latest financial period 2026-08-31 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-12-10 (provider estimate, not issuer-confirmed).
Company background
Oracle Corporation offers products and services that build, run and support enterprise information technology frameworks worldwide. Its Oracle cloud software as a service offering includes various cloud software applications, including Oracle Fusion cloud enterprise resource planning ERP, Oracle Fusion cloud enterprise performance management EPM, Oracle Fusion cloud supply chain and manufacturing management SCM, Oracle Fusion cloud human capital management HCM, and NetSuite applications suite, Oracle Health applications, as well as Oracle Fusion Sales, Service, and Marketing. The company also offers cloud-based industry solutions for various industries; Oracle cloud license and on-premise license; and Oracle license support services. In addition, it provides cloud and license business' infrastructure technologies, such as the Oracle Database and MySQL Database; Java, a software development language; and middleware, including development tools and others. The company's cloud and license business' infrastructure technologies also comprise cloud-based compute, storage, and networking capabilities; and Oracle autonomous database, as well as AI, Internet-of-Things, machine learning, digital assistant, and blockchain. Further, it provides hardware products and other hardware-related software offerings, including Oracle engineered systems, enterprise servers, storage solutions, industry-specific hardware, virtualization software, operating systems, management software, and related hardware support services, and consulting and advanced customer services. It markets and sells its cloud, license, hardware, support, and services offerings directly to businesses in various industries, government agencies, and educational institutions, as well as through indirect channels. Oracle Corporation has a strategic alliance with Metron, Inc. The company was founded in 1977 and is headquartered in Austin, Texas.
Company websiteQ1 FY2027
Go beyond the headline.
ORCL Stock: Who Funds Oracle’s $23 Billion Cash Quarter? — Q1 FY2027
Published 2026-09-11
Short takes Q1 FY2027
ORCL Stock: Oracle Q1 FY2027 — Who Funds the Cash? #Shorts
Watch Short on YouTube
Q1 FY2027 REPORT HIGHLIGHTS
What’s changed for ORCL
Customer financing, infrastructure reinvestment and the common-share economics behind Oracle’s record operating cash.
The operating beat is real.
Revenue and adjusted operating profit both grow about 30%.
Cash timing is material.
Financing-component customer prepayments supply nearly half of operating cash.
Funding is not asset cost.
The net-capex-outlay measure cannot replace gross capex in FCF without double-counting prepayments.
Ownership changes.
The ATM is completed and the preferred will convert; coupons and dilution require consistent treatment.
Valuation depends on payback.
Earnings routes are near $150, but the cash-transition model is much lower.
Comparable businesses
ORCL peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | ORCLOracle CorporationSnapshot 2026-09-20Financial period: 2026-08-31 | AMZNAmazon.com, Inc.Snapshot 2026-09-20Financial period: 2026-06-30 | MSFTMicrosoft CorporationSnapshot 2026-09-20Financial period: 2026-06-30 |
|---|---|---|---|
| Market capMarket value, converted to USD | US$446.33B | US$2.74T | US$3.67T |
| Forward P/EProvider forward earnings estimate | 13.42x | 24.45x | 20.93x |
| EV / EBITDAEnterprise value / trailing EBITDA | 16.95x | 16.96x | 19.14x |
| Revenue growthLatest quarter vs prior-year quarter | 29.6% | 19.6% | 17.7% |
| Operating marginLatest reported quarter | 35.6% | 13.7% | 45.1% |
| Free cash flow yieldTrailing cash flow / market cap | -10.3% | 0.1% | 0.5% |
| Net debt / EBITDANet debt / trailing EBITDA | 3.84x | 0.76x | 0.27x |
| Debt / equityTotal debt / positive book equity | 2.52x | 0.46x | 0.29x |
| Trailing P/ETrailing twelve-month earnings | 23.14x | 20.41x | 27.48x |
| Price / bookPrice / positive book equity per share | 7.22x | 4.96x | 8.29x |
| EV / salesEnterprise value / trailing revenue | 8.13x | 3.69x | 11.21x |
| Earnings growthLatest quarter vs prior-year quarter | 54.5% | 242.3% | 31.7% |
| Gross marginTrailing twelve months | 64.0% | 50.8% | 67.9% |
| Net marginTrailing twelve months | 26.4% | 17.4% | 40.3% |
| Return on equityProvider trailing return; positive equity only | 41.2% | 30.6% | 34.0% |
| Free cash flow marginTrailing free cash flow / revenue | -63.9% | 0.4% | 5.0% |
| Dividend yieldIndicated annual dividend / price | 1.4% | — | 0.8% |
| Earnings payoutProvider trailing dividend payout | 31.4% | 0.0% | 19.8% |
| Current ratioCurrent assets / current liabilities | 1.17x | 1.03x | 1.23x |
| BetaProvider historical market sensitivity | 1.73 | 1.44 | 1.11 |
YouTube · Q2 2026 · 2026-07-31
Microsoft Corporation (MSFT)
Larger industry benchmark · 8.21x market cap
Diversified cloud platforms
YouTube · Q4 FY2026 · 2026-07-30
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
Periods are grouped by their ending calendar year or quarter, not identical fiscal calendars. Exact period-end dates appear in tooltips and reported figures. When reporting currencies differ and a recent captured FX rate is available, money and EPS are normalized to USD for comparison. This is not a historical FX restatement. Gaps are not estimated.
Financial statements load separately from the research page.
Source: . Window ends at the latest available reporting period.
Revenue
Reported figures
Financial data & calculation notes
Standalone charts use the stated reporting currency. When a chart comparison spans currencies, money and EPS can be normalized to USD using a recent captured FX snapshot; this is for comparison only, not a historical FX restatement. Stock-based compensation is noncash. Free cash flow is operating cash flow less capital spending, which may include capitalized software. Missing metrics are not estimated or assumed to be zero. Banking and insurance ratios require industry-specific interpretation. Latest restatements may differ from figures in older episodes.
Market context
Valuation & price history
Adjusted closing price
Price history loads separately.
Price figures
Earnings-multiple scenario
Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.
Starting assumptions, when available, use provider forward estimates as of 2026-09-20. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for ORCL
Q1 FY20272026-09-11
FREE RESEARCH PACKET · Q1 FY2027
ORCL: Who Funds the $23 Billion Cash Quarter?
Customer financing, infrastructure reinvestment and the common-share economics behind Oracle’s record operating cash.
Research published September 10, 2026 · Download original report
Read Research PacketORCL Stock: Who Funds Oracle’s $23 Billion Cash Quarter? — Q1 FY2027
Presentation · 2026-09-11 · YouTube
Short takes Q1 FY2027
ORCL Stock: Oracle Q1 FY2027 — Who Funds the Cash? #Shorts
Watch Short on YouTube
Q4 FY20262026-06-10
ORCL Stock: Oracle’s $638B AI Backlog Explodes But the Stock Falls Q4 FY2026
Presentation · 2026-06-10 · YouTube
Q1 20262026-04-09
ORCL Q1 2026 earnings analysis
Presentation · 2026-04-09 · YouTube
Q3 FY20262026-04-08
Charged Alpha | Oracle Corporation (ORCL) | Q3 FY2026 Earnings Deep Dive
Presentation · 2026-04-08 · YouTube