The 2022 fiscal year marked a slight increase in Oracle Corporation’s research and development spending, the yearly total climbing to 7.2 billion U.S. dollars from the 6.5 figure recorded in 2021. Following years of dramatically expanding R&D budgets, the company seems to have slowed R&D budget expansion and stabilized the figure at around six to seven billion.
Oracle
Founded in 1977, Oracle is a tech company primarily focused on relational database technology. Today, Oracle ranks among the largest companies in the world in terms of market value and serves as the world’s most popular database management system provider. In addition to its investment into R&D, the company is also known for its use of acquisitions to promote growth, with high profile purchases including Sun Microsystems, PeopleSoft, and NetSuite.
Research and Development spending
As one of the largest software and computer services companies, Oracle is also among the biggest R&D spenders. However, many of the company’s peers tend to spend far more on R&D, with Alphabet, Microsoft, and Facebook all spending well over ten billion euros in 2019/20.
Oracle's research & development spending between FY2005 and FY2022 (in million U.S. dollars)*
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Statista Accounts:
Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.
Oracle. (June 21, 2021). Oracle's research & development spending between FY2005 and FY2022 (in million U.S. dollars)* [Graph]. In Statista. Retrieved August 18, 2022, from https://www.statista.com/statistics/236990/research-and-development-spending-at-oracle/
Oracle. "Oracle's research & development spending between FY2005 and FY2022 (in million U.S. dollars)*." Chart. June 21, 2021. Statista. Accessed August 18, 2022. https://www.statista.com/statistics/236990/research-and-development-spending-at-oracle/
Oracle. (2021). Oracle's research & development spending between FY2005 and FY2022 (in million U.S. dollars)*. Statista. Statista Inc.. Accessed: August 18, 2022. https://www.statista.com/statistics/236990/research-and-development-spending-at-oracle/
Oracle. "Oracle's Research & Development Spending between Fy2005 and Fy2022 (in Million U.S. Dollars)*." Statista, Statista Inc., 21 Jun 2021, https://www.statista.com/statistics/236990/research-and-development-spending-at-oracle/
Oracle, Oracle's research & development spending between FY2005 and FY2022 (in million U.S. dollars)* Statista, https://www.statista.com/statistics/236990/research-and-development-spending-at-oracle/ (last visited August 18, 2022)
