ORACLE CORP Revenue Disclosure
Deferred revenues consisted of the following:
|
|
May 31, |
|
|||||
(in millions) |
|
2025 |
|
|
2024 |
|
||
Cloud services and license support |
|
$ |
8,270 |
|
|
$ |
8,203 |
|
Hardware |
|
|
614 |
|
|
|
546 |
|
Services |
|
|
464 |
|
|
|
512 |
|
Cloud license and on-premise license |
|
|
39 |
|
|
|
52 |
|
Deferred revenues, current |
|
|
9,387 |
|
|
|
9,313 |
|
Deferred revenues, non-current (in other non-current liabilities) |
|
|
1,346 |
|
|
|
1,233 |
|
Total deferred revenues |
|
$ |
10,733 |
|
|
$ |
10,546 |
|
Deferred cloud services and license support revenues and deferred hardware revenues substantially represent customer payments made in advance for cloud or support contracts that are typically billed in advance with corresponding revenues generally being recognized ratably or based upon customer usage over the respective contractual periods. Deferred services revenues include prepayments for our services business and revenues for these services are generally recognized as the services are performed. Deferred cloud license and on-premise license revenues typically resulted from customer payments that related to undelivered products and services or specified enhancements.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Jun 18, 2025 | Showing above |
| 2024 | Jun 20, 2024 | |
| 2023 | Jun 20, 2023 | |
| 2022 | Jun 21, 2022 | |
| 2021 | Jun 21, 2021 | |
| 2020 | Jun 22, 2020 | |
| 2019 | Jun 21, 2019 | |
| 2018 | Jun 22, 2018 | |
| 2017 | Jun 27, 2017 | |
| 2016 | Jun 22, 2016 | |
About Revenue Disclosures
Revenue disclosures under ASC 606 explain how a company identifies performance obligations, allocates transaction prices, and determines when revenue is recognized. This section is essential for understanding whether reported revenue reflects genuine economic activity or aggressive accounting choices. Analysts examine the mix of point-in-time versus over-time recognition, which directly affects revenue timing and comparability.
Key signals: rising contract liabilities (deferred revenue) suggest strong future revenue visibility, while declining contract assets may indicate slowing project milestones. Watch for variable consideration estimates — rebates, returns, and performance bonuses that require management judgment. Significant changes in disaggregated revenue by geography or product line can reveal shifting business mix before it appears in headline numbers. Compare revenue growth against contract liability growth to assess sustainability, and scrutinize any changes in the timing of recognition that coincide with earnings pressure.