Salesforce vs Oracle
Oracle reported revenue of $67.4 billion in fiscal 2026, 1.6 times Salesforce's $41.5 billion in fiscal 2026. Salesforce's revenue grew 9.6% in its latest year, and Oracle's grew 17.4%. Salesforce had an operating margin of 20.1%, against 30.6% at Oracle. Free cash flow was $14.4 billion at Salesforce and −$23.7 billion at Oracle. Their fiscal years end in different months (January 31 and May 31), so the periods don't line up exactly.
Side by side
| Salesforce | Oracle | |
|---|---|---|
| Latest fiscal year | FY2026, Jan 31, 2026 | FY2026, May 31, 2026 |
| Revenue | $41.5B | $67.4B |
| Revenue growth | 9.6% | 17.4% |
| Revenue growth a year, last 5 years | 14.3% | 10.7% |
| Gross margin | 77.7% | — |
| Operating margin | 20.1% | 30.6% |
| Net margin | 18.0% | 25.4% |
| Free cash flow | $14.4B | −$23.7B |
| Free cash flow margin | 34.7% | −35.2% |
| Return on capital | 10.8% | 14.2% |
| Net debt to EBITDA | 0.6x | 3.5x |
| Dividends and buybacks | $14.2B | $5.9B |
| Change in diluted share count | −1.9% | 1.7% |
| Last close | $247.61 | $126.06 |
| P/E at the last close | 22.6× | 19.8× |
| Insider trades, last 12 months | bought $27.5 million, sold $36.6 million | bought $3.5 million, sold $99.3 million |
| Piotroski F-score | 7 of 9 | 5 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
SalesforceOracle
Operating margin
Percent of revenue
SalesforceOracle
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
SalesforceOracle
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Salesforce and Oracle pages.