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Adobe vs Oracle: revenue, profit, margins and growth compared

Adobe brought in $23.8B of revenue in fiscal 2025, Oracle $67.4B in fiscal 2026. Revenue changed by +10.5% at Adobe and +17.3% at Oracle on the year before, so Oracle grew faster. Adobe kept 30.0% of its revenue as net profit, Oracle 25.4%. Free cash flow was $9.9B at Adobe and -$23.7B at Oracle.

Side by side, latest fiscal year

ADBEORCL
Fiscal year endedFY2025 (November 28, 2025)FY2026 (May 31, 2026)
Revenue$23.8B$67.4B
Revenue growth+10.5%+17.3%
Net income$7.1B$17.1B
Net margin30.0%25.4%
Free cash flow$9.9B-$23.7B
Free cash flow margin41.4%-35.2%
Earnings per share (diluted)$16.70$5.83
Cash$5.4B$31.3B
Debt$6.2Bn/a
Price to earnings14.123.5
Market value$93.6B$394.9B
Dividend yieldn/a1.46%
Rank by revenue in sector#30 of 530 · Technology#10 of 530 · Technology

Over the years

Revenue
ADBE FY2018: $9BADBE FY2019: $11.2BADBE FY2020: $12.9BADBE FY2021: $15.8BADBE FY2022: $17.6BADBE FY2023: $19.4BADBE FY2024: $21.5BADBE FY2025: $23.8BORCL FY2019: $39.5BORCL FY2020: $39.1BORCL FY2021: $40.5BORCL FY2022: $42.4BORCL FY2023: $50BORCL FY2024: $53BORCL FY2025: $57.4BORCL FY2026: $67.4BFY18FY19FY20FY21FY22FY23FY24FY25FY26
ADBE $23.8BORCL $67.4B
Net income
ADBE FY2018: $2.6BADBE FY2019: $3BADBE FY2020: $5.3BADBE FY2021: $4.8BADBE FY2022: $4.8BADBE FY2023: $5.4BADBE FY2024: $5.6BADBE FY2025: $7.1BORCL FY2019: $11.1BORCL FY2020: $10.1BORCL FY2021: $13.7BORCL FY2022: $6.7BORCL FY2023: $8.5BORCL FY2024: $10.5BORCL FY2025: $12.4BORCL FY2026: $17.1BFY18FY19FY20FY21FY22FY23FY24FY25FY26
ADBE $7.1BORCL $17.1B
Net margin
ADBE FY2018: 28.7%ADBE FY2019: 26.4%ADBE FY2020: 40.9%ADBE FY2021: 30.5%ADBE FY2022: 27.0%ADBE FY2023: 28.0%ADBE FY2024: 25.9%ADBE FY2025: 30.0%ORCL FY2019: 28.1%ORCL FY2020: 25.9%ORCL FY2021: 34.0%ORCL FY2022: 15.8%ORCL FY2023: 17.0%ORCL FY2024: 19.8%ORCL FY2025: 21.7%ORCL FY2026: 25.4%FY18FY19FY20FY21FY22FY23FY24FY25FY26
ADBE 30.0%ORCL 25.4%
Revenue growth
ADBE FY2019: +23.7%ADBE FY2020: +15.2%ADBE FY2021: +22.7%ADBE FY2022: +11.5%ADBE FY2023: +10.2%ADBE FY2024: +10.8%ADBE FY2025: +10.5%ORCL FY2020: -1.1%ORCL FY2021: +3.6%ORCL FY2022: +4.8%ORCL FY2023: +17.7%ORCL FY2024: +6.0%ORCL FY2025: +8.4%ORCL FY2026: +17.3%FY19FY20FY21FY22FY23FY24FY25FY26
ADBE +10.5%ORCL +17.3%
Free cash flow
ADBE FY2018: $3.8BADBE FY2019: $4BADBE FY2020: $5.3BADBE FY2021: $6.9BADBE FY2022: $7.4BADBE FY2023: $6.9BADBE FY2024: $7.9BADBE FY2025: $9.9BORCL FY2019: $12.9BORCL FY2020: $11.6BORCL FY2021: $13.8BORCL FY2022: $5BORCL FY2023: $8.5BORCL FY2024: $11.8BORCL FY2025: -$394MORCL FY2026: -$23.7BFY18FY19FY20FY21FY22FY23FY24FY25FY26
ADBE $9.9BORCL -$23.7B

Fiscal years as each company reports them; the two may end in different months.

Questions about Adobe and Oracle

Which is bigger by revenue, Adobe or Oracle?

Oracle is bigger by revenue: $67.4B in fiscal 2026, against $23.8B for Adobe in fiscal 2025.

Which keeps more of its revenue as profit, Adobe or Oracle?

Adobe had a net margin of 30.0% in fiscal 2025; Oracle had 25.4% in fiscal 2026.

Which grew revenue faster, Adobe or Oracle?

In their latest fiscal years revenue changed by +10.5% at Adobe and +17.3% at Oracle.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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