Oracle, founded by Larry Ellison in 1977, is a technology company known for its relational databases and has become one of the largest companies globally. In fiscal year 2024, Oracle reported a net profit of $10 billion, marking a significant recovery from a decline in 2022. The company has integrated cloud-based technology into its services, with its Cloud Services and Licensing Support Segment accounting for over seventy percent of its total revenue in fiscal year 2021. This past year was record-breaking for Oracle, not only in terms of profits but also in general income, with total revenue surpassing $40 billion for the second consecutive year.
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https://www.statista.com/statistics/269724/oracle-net-income-since-2005/
Net Income of Oracle from 2005 to 2024 | Statista
