Oracle Corporation revenue by business segment
Revenue of Oracle Corporation by business segment 2012-2018
Amounts are in $million.
Year | Cloud and license | Hardware | Services | 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.