Oracle Corporation Net Income
Net Income of Oracle Corporation 2002-2021
Amounts are in $million.
Year | Net Income ($million) |
2021 | $13,746 |
2020 | $10,135 |
2019 | $11,083 |
2018 | $3,587 |
2017 | $9,452 |
2016 | $8,901 |
2015 | $9,938 |
2014 | $10,955 |
2013 | $10,925 |
2012 | $9,981 |
2011 | $8,547 |
2010 | $6,135 |
2009 | $5,593 |
2008 | $5,521 |
2007 | $4,274 |
2006 | $3,381 |
2005 | $2,886 |
2004 | $2,681 |
2003 | $2,307 |
2002 | $2,224 |
2021: Oracle experienced a growth of around 36% in its net income in 2021 compared to 2020. The company generated $13.75 billion in net income in 2021 compared to $10.13 billion in 2020. Its net revenues were $40.48 billion in 2021 compared to $39.07 billion in 2020.
The net income and diluted earnings per share of Oracle corporation were unfavorably impacted by a net charge of $7.0 billion during fiscal 2018 due to its preliminary assessment of the one-time effects of the U.S. Tax Cuts and Jobs Act of 2017 (the Tax Act).
In 2018 the net income of Oracle Corporation fell to $3.8 Bn from $9.34 bn previous year.