ORCL FY 2013 Earnings Report — Oracle Corporation Revenue & Financial Results | Market Cap Arena

Oracle CorporationORCL

FY 2013 Earnings

Reported June 26, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2013	Prior Q	FY 2012	QoQ Change	YoY Change
Revenue	$37.2B	—	$37.1B	—	0.2%
Op. Income	$14.4B	—	$13.7B	—	5.3%
Gross Margin	80.2%	—	78.5%	—	1.7pp
Net Margin	29.4%	—	26.9%	—	2.5pp
EPS (Diluted)	$2.26	—	$1.96	—	15.3%
Free Cash Flow	$13.6B	—	$13.1B	—	3.7%

Revenue Flow

Item	Amount
REVENUE	$37.2B
Cost of Revenue	$7.4B
GROSS PROFIT	$29.8B
R&D Expenses	$4.8B
Selling & Marketing	$7.1B
General & Administrative	$1.1B
SG&A Expenses	$8.1B
Other Expenses	$2.1B
Operating Expenses	$15.1B
Cost & Expenses	$22.5B
OPERATING INCOME	$14.4B
Interest Income	$237M
Interest Expense	$797M
Other Income/Expenses	-$534M
INCOME BEFORE TAX	$13.9B
Income Tax Expense	$3.0B
Net Income from Continuing Ops	$10.9B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$10.9B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$10.9B
D&A	$2.9B
EBIT	$14.7B
EBITDA	$17.6B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$37.2B
Cost of Revenue	$7.4B
GROSS PROFIT	$29.8B
R&D Expenses	$4.8B
Selling & Marketing	$7.1B
General & Administrative	$1.1B
SG&A Expenses	$8.1B
Other Expenses	$2.1B
Operating Expenses	$15.1B
Cost & Expenses	$22.5B
OPERATING INCOME	$14.4B
Interest Income	$237M
Interest Expense	$797M
Other Income/Expenses	-$534M
INCOME BEFORE TAX	$13.9B
Income Tax Expense	$3.0B
Net Income from Continuing Ops	$10.9B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$10.9B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$10.9B
D&A	$2.9B
EBIT	$14.7B
EBITDA	$17.6B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$10.9B
Depreciation & Amortization	$2.9B
Stock-Based Compensation	$755M
Deferred Income Tax	-$117M
Other Non-Cash Items	$324M
Change in Working Capital	-$594M
OPERATING CASH FLOW	$14.2B
Capital Expenditure	-$650M
Acquisitions (Net)	-$3.3B
Purchases of Investments	-$32.2B
Sales/Maturities of Investments	$30.2B
Other Investing Activities	$0
NET CASH FROM INVESTING	-$6.0B
Net Debt Issuance	$2.0B
Common Stock Repurchased	-$11.0B
Common Dividends Paid	-$1.4B
Other Financing Activities	$403M
NET CASH FROM FINANCING	-$8.5B
FREE CASH FLOW	$13.6B
Net Change in Cash	-$342M

Balance Sheet

Item	Amount
Cash & Equivalents	$14.6B
Short-Term Investments	$17.6B
Net Receivables	$6.0B
Inventory	$240M
Other Current Assets	$974M
TOTAL CURRENT ASSETS	$41.7B
PP&E (Net)	$3.1B
Goodwill	$27.3B
Intangible Assets	$6.6B
Long-Term Investments	$0
Tax Assets	$766M
Other Non-Current Assets	$2.3B
TOTAL NON-CURRENT ASSETS	$40.1B
TOTAL ASSETS	$81.8B
Account Payables	$419M
Short-Term Debt	$0
Deferred Revenue	$7.1B
Other Current Liabilities	$2.5B
TOTAL CURRENT LIABILITIES	$12.9B
Long-Term Debt	$18.5B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$5.3B
TOTAL NON-CURRENT LIABILITIES	$23.8B
TOTAL LIABILITIES	$36.7B
Common Stock	$18.9B
Additional Paid-In Capital	$0
Retained Earnings	$25.9B
Treasury Stock	$0
Accum. Other Comp. Income	-$99M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$44.6B
Minority Interest	$497M
TOTAL EQUITY	$45.1B
TOTAL LIABILITIES & EQUITY	$81.8B
Total Debt	$18.5B
Net Debt	$3.9B