Oracle vs SAP
Oracle is the larger business, with $67.36bn of revenue in fiscal 2026 against $41.61bn for SAP (1.6 times as much). Oracle grew faster (17.3% against 12.5%). Oracle kept more of each dollar of sales as profit: a net margin of 25.4% against 19.5%. SAP carries less debt relative to equity (13.8% against 306.1%).
| Latest fiscal year | OracleORCL, 2026 | SAPSAP, 2025 |
|---|---|---|
| Revenue | $67.36bn | $41.61bn |
| Revenue growth | 17.3% | 12.5% |
| Net income | $17.09bn | $8.10bn |
| Operating margin | 30.6% | 26.1% |
| Net margin | 25.4% | 19.5% |
| Return on equity | 54.3% | 16.3% |
| Free cash flow | −$23.69bn | — |
| Cash | $31.29bn | $9.65bn |
| Total debt | $130.10bn | $7.22bn |
| Debt to equity | 306.1% | 13.8% |
| Dividend per share | $2.00 | — |
| Dividend yield | 1.6% | — |
| Share buybacks | $95.0m | $2.19bn |
| Employees | 141,000 | — |
| Market value | $379.19bn | $271.78bn |
| Price vs our value range | — | — |
| Moat score | 61 (Moderate) | — |
| Insider trades, 12 months | 1 buys, 20 sales | 0 buys, 0 sales |