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TickerORCL
SectorSoftware - Infrastructure
Mkt cap$563.5B
EV / EBITDA23.4×
PostureHigh Velocity
Composite70/100
LensBuyer-side
SE-Cluster Research·Issuer Brief·Q2 2026CIK 1341439

Oracle Corporation

ORCLHIGH VELOCITYFILING INTENSITY

Oracle Corporation reads as an High Velocity (composite 70/100); Transformational Buyer deploying $28B across 0 disclosed transactions, up 10092% vs the prior cycle · primary market Software & IT, ranked #2 on disclosed spend.

Lens

Disclosed M&A capital (2023–2025)

$27.7B

+999%

vs $272M in 2020–2022

Disclosed transactions

N/A

−99%

1/3 active fiscal years in window

Buyer archetype

Transformational Buyer

Episodic but very large disclosed transactions drive the profile.

Composite score

70

/100

High Velocity dominates · Filing Intensity

Financial snapshot
Revenue$64.1B
EBITDA$29.3B
Enterprise value$687.2B
EV / Revenue10.7×
EV / EBITDA23.4×
P/EN/A
Cash$38.5B
Total debt$43B
as of 2026-05-10
§ I·SE-Cluster Issuer Brief

Behavioral posture, nine reads.

Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.

Active Acquirer

56/100

Companies actively deploying disclosed capital into M&A

  • $80.9B disclosed buyer spend

Buyer Cadence

40/100

Buyer-side companies with recent filing activity

  • Filed within 50d
  • 16 acquisition-history signals
  • 207 8-Ks

Target Probability

20/100

Issuers showing target-side patterns from filings

  • 16 activism filings

Spin/Carve

0/100

Issuers showing spin-off, carve-out, or sum-of-parts posture

  • 16 activism filings

Pressure Watch

16/100

Issuers facing activism, governance, or control pressure

  • 16 activism filings
  • Latest activism 8.3y ago; heavily discounted

Distress Watch

18/100

Issuers showing financial-distress filing patterns

  • 16 activism filings

Restatement Risk

0/100

Issuers with accounting-integrity flags from filings

Capital Velocity

Dominant
70/100

Issuers with the highest filing-activity intensity

  • 207 8-Ks
  • 5 form types

Quiet Power

0/100

Large issuers with low signal volume and clean disclosure cadence

  • Enterprise value $687.2B
  • 10-Q 76d ago
  • 2 active signals
§ II·SE-Cluster Issuer Brief

Capital cadence.

Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.

16
17
18
19
20
21
22
23
24
25

Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $27,721M · Peak count: 2

FYDisclosed buysDisclosed spendAvg ticketAudited tier
2025N/AN/AN/AN/A
2024N/AN/AN/AN/A
2023N/A$27.7BN/AN/A
20221$148M$148MN/A
2021N/AN/AN/AN/A
2020N/A$124MN/AN/A
§ III·SE-Cluster Issuer Brief

Strategy posture.

The buyer's playbook in terms of strategic archetype: what each disclosed move says about how they're deploying capital.

Archetype mix

  • Bolt On
    25%
  • Platform
    25%
  • Technology Acquisition
    25%
  • Geographic Expansion
    25%

Strategy keywords

Terms recurring across recent 10-K acquisition disclosures.

  • bolt_on
  • technology_acquisition
  • platform
  • horizontal_consolidation
  • geographic_expansion
§ IV·SE-Cluster Issuer Brief

Filing language.

Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.

Oracle Fusion Cloud Enterprise Performance Management (EPM), which is designed to analyze financial performance, drive accurate and agile financial plans, optimize the financial close and consolidation process, streamline account reconciliation and satisfy an organization’s reporting requirements;

10-KFY2023

We believe that our acquisitions enhance the products and services that we can offer to customers, expand our customer base, provide greater scale to accelerate innovation, grow our revenues and earnings, and increase stockholder value.

10-KFY2019

we have extended our product offerings and intellectual property through acquisitions of businesses and technologies

10-KFY2017

We expect to continue to acquire companies, products, services and technologies to further our corporate strategy.

10-KFY2018

Our selective and active acquisition program is another important element of our corporate strategy. We believe that our acquisitions enhance the products and services that we can offer to customers, expand our customer base, provide greater scale to accelerate innovation, grow our revenues and earnings and increase stockholder value. We have invested billions of dollars over time to acquire a number of companies, products, services and technologies that add to, are complementary to, or have otherwise enhanced our existing offerings. We expect to continue to acquire companies, products, services and technologies to further our corporate strategy.

10-KFY2024
§ V·SE-Cluster Issuer Brief

Market context.

Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.

Primary market

Software & IT

Market spend (2023–2025)
$217.7B
Market spend (2020–2022)
$197.1B
Recent vs prior
+10%
Issuer rank in market
#2 of 379
Share of market capital
11.2%

Valuation positioning

23.4×EV / EBITDA

ORCL trades at a +8.5-turn premium to the Software & IT peer median of 14.9×.

EV / Revenue
10.7×
Net debt / EBITDA
0.2×
Peer median EV / EBITDA
14.9×

Trading comparables

FMP market data · 2026-05-10

CompanyEV / EBITDAEV / RevNet debt / EBITDARevenueM&A 2023–2025
23.8×6.8×0.9×$59.1B$26.6B
Oracle CorporationORCL
23.4×10.7×0.2×$64.1B$27.7B
15.5×9.8×0.0×$318.3B$75.4B
14.3×4.4×0.6×$41.5B$12.1B
10.4×4.2×-0.1×$24.5BN/A

Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Software & IT. Bars scaled to the highest EV/EBITDA in the set.

§ VI·SE-Cluster Issuer Brief

Target landscape.

Public-issuer targets that fit this buyer's archetype and target categories from filing-derived signal. Scores reflect cross-signal fit; reasons cite the EDGAR-anchored facts that drove the match.

No qualifying public-issuer targets surfaced from the current signal mix.

Stated target categories

No target categories enumerated in the audited corpus for this issuer.

§ VII·SE-Cluster Issuer Brief

Filing activity & signal stream.

Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.

Filing cadence

  • 10-K (annual)202025-06-18
  • 10-Q (quarterly)622026-03-11
  • 8-K (event)2072026-04-06
  • Proxy / DEF 14A622025-09-26
  • Activism (13D / DFAN / PREC)162018-01-23

Signals on file

  • elevated

    Activism on file

    2018-01-23

    16 activist filings on file (13D, DFAN14A, PREC14A series).

  • info

    Signal

    Disclosed acquisition spend

  • info

    Signal

    10-K strategy themes

§ VIII·SE-Cluster Issuer Brief

Audited corpus.

No audited record on file for this CIK in the current v6 corpus.

This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.

Oracle Corporation: Issuer Brief | SE-Cluster