ORCL Free cash flow
Free cash flow at Oracle Corporation fell to −$23.7B in fiscal 2026, the lowest in the 5 years reported, from −$394M in 2025.
Not a GAAP measure. Derived here as operating cash flow less capital expenditure, both as filed; the arithmetic is shown in the table.
SOURCE: us-gaap:NetCashProvidedByUsedInOperatingActivities + us-gaap:PaymentsToAcquirePropertyPlantAndEquipment · EDGAR CompanyFacts · CIK 1341439 · EDGAR ↗ · FY2022–FY2026 · ANNUAL
History AS FILED · DERIVATION SHOWN WHERE DERIVED
| Fiscal year | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|
| FY2026 | $32.0B | −$55.7B | −$23.7B |
| FY2025 | $20.8B | −$21.2B | −$394M |
| FY2024 | $18.7B | −$6.9B | $11.8B |
| FY2023 | $17.2B | −$8.7B | $8.5B |
| FY2022 | $9.5B | −$4.5B | $5.0B |
Cross-checks touching this measure FROM THE FILING REVIEW
◐ PARTLYoperating cash flow
Every quoted figure reconciles to the filed lines: $11.2 billion against net cash provided by operating activities. The source sentence carries qualifiers beyond the 40-word quote limit; carried as partly supported.
FY2026 10-K · FULL RECONCILIATION →◐ PARTLYinvesting cash flow
Every quoted figure reconciles to the filed lines: $30.1 billion against net cash used in investing activities; $34.4 billion against capital expenditure. The source sentence carries qualifiers beyond the 40-word quote limit; carried as partly supported.
FY2026 10-K · FULL RECONCILIATION →✗ RED FLAGCapital returned vs free cash flow
Free cash flow was negative in the current year while capital was returned — the multiple is shown for arithmetic only and is not meaningful as a ratio. The flag marks the combination. Management's own account touching these lines appears in the "operating cash flow" claim on this page (partial); this page has not independently verified it.
FY2026 10-K · FULL RECONCILIATION →◐ WATCHStock compensation in cash flow
Share-based compensation is 15.0% of operating cash flow — carried as watch (15% threshold).
FY2026 10-K · FULL RECONCILIATION →✓ CLEANCash conversion stability
OCF ÷ NI ran 1.85× · 1.65× · 1.75× across three years — swing 0.20×, inside the 1.00× threshold.
FY2026 10-K · FULL RECONCILIATION →More SAME DATA, OTHER VIEWS
Free cash flow across coverage → · ORCL company view →
Revenue · Net income · Operating cash flow · Capital expenditure · Cash & equivalents · Total assets · Shareholders' equity · Total debt · Return on equity · Days sales outstanding
Not investment advice. Every figure on this page is an XBRL fact from the issuer's own SEC filings or an arithmetic over such facts with the method shown. No forecast is made; no posture is expressed.