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ORCL Current Contract Liabilities

Current Contract Liabilities

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As of Q2'26 (2025-11-30), Oracle's current contract liabilities stand at $9.94B USD, reflecting a decrease from the previous quarter's $12.10B USD. This latest data point indicates a notable contraction following a significant spike in Q1'26. Over the period from Q3'23 to Q2'26, Oracle's current contract liabilities have exhibited a generally volatile trend, with pronounced peaks in Q1'24 ($11.12B USD), Q1'25 ($11.46B USD), and especially Q1'26 ($12.10B USD). These surges are typically followed by sharp declines in subsequent quarters, suggesting cyclical or seasonally driven fluctuations in contract activity. Despite these swings, the overall range has trended upward from the initial $8.60B USD in Q3'23, highlighting growth in Oracle's deferred revenue obligations over the observed timeframe.