Oracle Corporation revenue by business segment

Revenue of Oracle Corporation by business segment 2012-2018

Amounts are in $million.

YearCloud and license HardwareServices Total
2021$34,099$3,359$3,021$40,479
2020$32,519$3,443$3,106$39,068
2019$32,562$3,704$3,240$39,506
2018 $31,994$3,994$3,395$39,383
2017$30,218    $4,152$3,358$37,728  
2016$28,990 $4,668 $3,389$37,047
2015$29,475 $5,205 $3,546 $38,226
2014$29,199$5,372 $3,704 $38,275
2013$27,920$5,346$3,914 $37,180
2012$26,560  $6,302 $4,259 $37,121

2021: Oracle has divided its business into three main segments that include cloud and license, hardware and services.  The largest business segment of the company, cloud and license, accounted for 84% of the company's revenue in 2021 compared to 83% in 2020. Oracle's revenue from cloud and license was $34.1 billion in 2021 compared to $32.52 billion in 2020 or 5% yoy growth. Its hardware revenues declined 2% and services revenue by 3% in 2021 compared to 2020. The total net revenues of the company in 2021 remained $40.48 billion compared to $39.07 billion in 2020.

Cloud and license is the largest business segment of Oracle Coprortaion followed by Hardware and services. In 2018, Cloud and license accounted for 82% of the total revenue of Oracle. Total revenue from the cloud and license business segment was $32.4 bn in 2018. Hardware and services accounted for 10% and 8% of the total revenue of the brand respectively in 2018.