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Side-by-side financial comparison of Athene Holding Ltd. (ATHS) and Oracle Corporation (ORCL). Click either name above to swap in a different company.

Oracle Corporation is the larger business by last-quarter revenue ($16.1B vs $8.1B, roughly 2.0× Athene Holding Ltd.). Oracle Corporation runs the higher net margin — 38.2% vs 6.4%, a 31.8% gap on every dollar of revenue. On growth, Athene Holding Ltd. posted the faster year-over-year revenue change (115.1% vs 14.2%). Over the past eight quarters, Athene Holding Ltd.'s revenue compounded faster (19.2% CAGR vs 10.0%).

Athene Holding Ltd. is a leading US-focused retirement services provider. It offers fixed, indexed and variable annuity products plus tailored retirement savings solutions for individual consumers and institutional clients, aiming to help customers secure long-term financial stability for their retirement.

An oracle is a person or thing considered to provide insight, wise counsel or prophetic predictions, most notably including precognition of the future, inspired by deities. If done through occultic means, it is a form of divination.

ATHS vs ORCL — Head-to-Head

Bigger by revenue
ORCL
ORCL
2.0× larger
ORCL
$16.1B
$8.1B
ATHS
Growing faster (revenue YoY)
ATHS
ATHS
+100.9% gap
ATHS
115.1%
14.2%
ORCL
Higher net margin
ORCL
ORCL
31.8% more per $
ORCL
38.2%
6.4%
ATHS
Faster 2-yr revenue CAGR
ATHS
ATHS
Annualised
ATHS
19.2%
10.0%
ORCL

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
ATHS
ATHS
ORCL
ORCL
Revenue
$8.1B
$16.1B
Net Profit
$523.0M
$6.1B
Gross Margin
Operating Margin
16.9%
29.5%
Net Margin
6.4%
38.2%
Revenue YoY
115.1%
14.2%
Net Profit YoY
-48.5%
94.7%
EPS (diluted)
$2.10

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ATHS
ATHS
ORCL
ORCL
Q4 25
$8.1B
$16.1B
Q3 25
$8.0B
$14.9B
Q2 25
$5.4B
$15.9B
Q1 25
$4.2B
$14.1B
Q4 24
$3.8B
$14.1B
Q3 24
$6.5B
$13.3B
Q2 24
$4.7B
$14.3B
Q1 24
$5.7B
$13.3B
Net Profit
ATHS
ATHS
ORCL
ORCL
Q4 25
$523.0M
$6.1B
Q3 25
$1.3B
$2.9B
Q2 25
$464.0M
$3.4B
Q1 25
$465.0M
$2.9B
Q4 24
$1.0B
$3.2B
Q3 24
$625.0M
$2.9B
Q2 24
$629.0M
$3.1B
Q1 24
$1.2B
$2.4B
Operating Margin
ATHS
ATHS
ORCL
ORCL
Q4 25
16.9%
29.5%
Q3 25
26.8%
28.7%
Q2 25
12.2%
32.1%
Q1 25
22.3%
30.8%
Q4 24
30.4%
30.0%
Q3 24
25.7%
30.0%
Q2 24
22.0%
32.8%
Q1 24
31.1%
28.2%
Net Margin
ATHS
ATHS
ORCL
ORCL
Q4 25
6.4%
38.2%
Q3 25
15.7%
19.6%
Q2 25
8.7%
21.5%
Q1 25
11.1%
20.8%
Q4 24
26.8%
22.4%
Q3 24
9.6%
22.0%
Q2 24
13.5%
22.0%
Q1 24
20.8%
18.1%
EPS (diluted)
ATHS
ATHS
ORCL
ORCL
Q4 25
$2.10
Q3 25
$1.01
Q2 25
$1.19
Q1 25
$1.02
Q4 24
$1.10
Q3 24
$1.03
Q2 24
$1.11
Q1 24
$0.85

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ATHS
ATHS
ORCL
ORCL
Cash + ST InvestmentsLiquidity on hand
$19.2B
Total DebtLower is stronger
$7.8B
Stockholders' EquityBook value
$20.5B
$30.0B
Total Assets
$442.2B
$205.0B
Debt / EquityLower = less leverage
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATHS
ATHS
ORCL
ORCL
Q4 25
$19.2B
Q3 25
$10.4B
Q2 25
$10.8B
Q1 25
$17.4B
Q4 24
$10.9B
Q3 24
$10.6B
Q2 24
$10.5B
Q1 24
$15.3B
$9.5B
Total Debt
ATHS
ATHS
ORCL
ORCL
Q4 25
$7.8B
Q3 25
$7.9B
Q2 25
$7.9B
Q1 25
$6.3B
Q4 24
$6.3B
Q3 24
$5.7B
Q2 24
$5.7B
Q1 24
$5.7B
Stockholders' Equity
ATHS
ATHS
ORCL
ORCL
Q4 25
$20.5B
$30.0B
Q3 25
$20.4B
$24.2B
Q2 25
$18.1B
$20.5B
Q1 25
$17.5B
$16.7B
Q4 24
$16.4B
$13.7B
Q3 24
$17.4B
$10.8B
Q2 24
$15.0B
$8.7B
Q1 24
$14.8B
$5.6B
Total Assets
ATHS
ATHS
ORCL
ORCL
Q4 25
$442.2B
$205.0B
Q3 25
$429.9B
$180.4B
Q2 25
$405.3B
$168.4B
Q1 25
$381.5B
$161.4B
Q4 24
$363.3B
$148.5B
Q3 24
$355.0B
$144.2B
Q2 24
$332.6B
$141.0B
Q1 24
$320.6B
$137.1B
Debt / Equity
ATHS
ATHS
ORCL
ORCL
Q4 25
0.38×
Q3 25
0.38×
Q2 25
0.43×
Q1 25
0.36×
Q4 24
0.39×
Q3 24
0.33×
Q2 24
0.38×
Q1 24
0.39×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ATHS
ATHS
ORCL
ORCL
Operating Cash FlowLast quarter
$3.0B
$2.1B
Free Cash FlowOCF − Capex
$-10.0B
FCF MarginFCF / Revenue
-62.1%
Capex IntensityCapex / Revenue
74.9%
Cash ConversionOCF / Net Profit
5.82×
0.34×
TTM Free Cash FlowTrailing 4 quarters
$-13.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATHS
ATHS
ORCL
ORCL
Q4 25
$3.0B
$2.1B
Q3 25
$636.0M
$8.1B
Q2 25
$1.1B
$6.2B
Q1 25
$426.0M
$5.9B
Q4 24
$386.0M
$1.3B
Q3 24
$780.0M
$7.4B
Q2 24
$525.0M
$6.1B
Q1 24
$185.0M
$5.5B
Free Cash Flow
ATHS
ATHS
ORCL
ORCL
Q4 25
$-10.0B
Q3 25
$-362.0M
Q2 25
$-2.9B
Q1 25
$71.0M
Q4 24
$-2.7B
Q3 24
$5.1B
Q2 24
$3.3B
Q1 24
$3.8B
FCF Margin
ATHS
ATHS
ORCL
ORCL
Q4 25
-62.1%
Q3 25
-2.4%
Q2 25
-18.4%
Q1 25
0.5%
Q4 24
-19.0%
Q3 24
38.5%
Q2 24
23.0%
Q1 24
28.6%
Capex Intensity
ATHS
ATHS
ORCL
ORCL
Q4 25
74.9%
Q3 25
57.0%
Q2 25
57.1%
Q1 25
41.5%
Q4 24
28.2%
Q3 24
17.3%
Q2 24
19.6%
Q1 24
12.6%
Cash Conversion
ATHS
ATHS
ORCL
ORCL
Q4 25
5.82×
0.34×
Q3 25
0.51×
2.78×
Q2 25
2.28×
1.80×
Q1 25
0.92×
2.02×
Q4 24
0.38×
0.41×
Q3 24
1.25×
2.54×
Q2 24
0.83×
1.93×
Q1 24
0.16×
2.28×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ATHS
ATHS

Segment breakdown not available.

ORCL
ORCL

Software Support$4.9B31%
Cloud Infrastructure$4.1B25%
Cloud Applications$3.9B24%
Services Business$1.4B9%
Software License$939.0M6%
Hardware Business$776.0M5%

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