Property, plant and equipment, net consisted of the following:

 

 

 

Estimated

 

May 31,

 

(Dollars in millions)

 

Useful Life

 

2026

 

 

2025

 

Computer, network, machinery and equipment

 

1-6 years(1)

 

$

59,634

 

 

$

30,345

 

Buildings and improvements

 

1-40 years

 

 

21,263

 

 

 

10,881

 

Furniture, fixtures and other

 

5-15 years

 

 

452

 

 

 

466

 

Land

 

 

 

1,329

 

 

 

1,352

 

Construction in progress(2)

 

 

 

39,973

 

 

 

16,510

 

Total property, plant and equipment

 

1-40 years

 

 

122,651

 

 

 

59,554

 

Accumulated depreciation

 

 

 

 

(22,694

)

 

 

(16,032

)

Total property, plant and equipment, net

 

 

 

$

99,957

 

 

$

43,522

 

 

(1)
Comprised primarily of servers and networking equipment with estimated useful life of six years.
(2)
Comprised primarily of servers, networking equipment and leasehold improvements to be deployed at our data centers.
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Historical Timeline

Fiscal YearFiled
2026Jun 22, 2026Showing above
2025Jun 18, 2025
2024Jun 20, 2024
2023Jun 20, 2023
2022Jun 21, 2022
2021Jun 21, 2021
2020Jun 22, 2020
2019Jun 21, 2019
2018Jun 22, 2018
2017Jun 27, 2017
2016Jun 22, 2016

About PP&E Disclosures

The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.

Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.