# EDGAR Filing Document

**Accession Number:** 0001341439
**File Stem:** 0000000000-25-009722
**Filing Date:** 2025-9
**Character Count:** 4296
**Document Hash:** d823e2c4ce4c4851ee42e7bd1c78077a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-25-009722.hdr.sgml**: 20260702

**ACCESSION NUMBER**: 0000000000-25-009722

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250909

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ORACLE CORP
- **CENTRAL INDEX KEY:** 0001341439
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 542185193
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** UPLOAD
- **SEC FILE NUMBER:** 001-35992

**BUSINESS ADDRESS:**
- **STREET 1:** 2300 ORACLE WAY
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78741
- **BUSINESS PHONE:** (737) 867-1000

**MAIL ADDRESS:**
- **STREET 1:** 2300 ORACLE WAY
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78741

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Ozark Holding Inc.
- **DATE OF NAME CHANGE:** 20051013
**PUBLIC REFERENCE ACCESSION NUMBER**: 0000950170-25-087926

## Text-Extract

```

                                                            September 9, 2025

Safra Catz
Chief Executive Officer
Oracle Corporation
2300 Oracle Way
Austin, TX 78741

       Re: Oracle Corporation
           Form 10-K for the Fiscal Year ended May 31, 2025
           File No. 001-35992
Dear Safra Catz:

       We have limited our review of your filing to the financial statements
and related
disclosures and have the following comments.

       Please respond to this letter within ten business days by providing the
requested
information or advise us as soon as possible when you will respond. If you do
not believe a
comment applies to your facts and circumstances, please tell us why in your
response.

       After reviewing your response to this letter, we may have additional
comments.

Form 10-K for the Fiscal Year ended May 31, 2025
Management's Discussion and Analysis of Financial Condition and Results of
Operations,
page 37

1.     On page 4 you indicate that you believe you are in the early stages of
what you expect
       to be a material migration of your existing customer base from
on-premise
       applications and infrastructure products and services to the Oracle
Cloud, and that
       during the past three fiscal years, customers with annual license
support contracts that
       migrated to the Oracle Cloud contributed to the increase in annualized
cloud services
       revenue by $4.3 billion. In addition, on pages 5 and 38 you indicate
that the
       proportion of your cloud services revenues relative to your total
revenues has
       increased, representing 43%, 37% and 32% of total revenues during fiscal
2025, 2024,
       and 2023, respectively, and you expect this trend to continue. We also
note that in
       your June 11, 2025 earnings conference call, you indicated that your
supply is not
       meeting your demand. In your annual and quarterly reports, please
provide a more
       robust and transparent discussion related to customer migrations from
on-premise
       environments to the Oracle Cloud including the impact that capacity
issues have on
       the rate of migrations.
 September 9, 2025
Page 2

2.     We note in your disclosure on page 53 that capital expenditures
increased 209% to
       $21.2 billion for the fiscal year ended May 31, 2025 from $6.9 billion
for the fiscal
       year ended May 31, 2024. Please discuss the reasons behind the
significant increase in
       capital expenditures and whether the amount spent on capital
expenditures will
       continue to increase in the future. Refer to Item 303(b)(1) of
Regulation S-K.
        In closing, we remind you that the company and its management are
responsible for
the accuracy and adequacy of their disclosures, notwithstanding any review,
comments,
action or absence of action by the staff.

      Please contact Anastasia Kaluzienski at 202-551-3685 or Robert Littlepage
at 202-
551-3361 with any questions.

                                                           Sincerely,

                                                           Division of
Corporation Finance
                                                           Office of Technology

```

### Attached PDF Documents

**Attachment 1:** `filename1`

_No text found in this document._