Oracle Corporation is an American software and hardware manufacturer with its headquarters in Redwood City (Silicon Valley), California. The company specializes in the development and marketing of computer hardware and software for corporate customers - especially the Oracle Database system. Oracle is one of the world's largest software manufacturers in terms of sales. Oracle employs more than 138,000 people and has 430,000 customers in 175 countries. In addition to the database product Oracle Database, Oracle produces and sells the Oracle Fusion middleware as well as the JEE servers Oracle Application Server and Oracle WebLogic.
With sales of $ 39.5 billion and a profit of $3.7 billion, Oracle ranks 107th among the world's largest companies according to Forbes Global 2000 (as of fiscal year 2017). The company had a market cap of approximately $191 billion in mid-2018.
According to Oracle's latest financial reports the company's current revenue (TTM ) is £42.64 Billion. In 2023 the company made a revenue of £40.52 Billion an increase over the revenue in the year 2022 that were of £38.08 Billion. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.