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Side-by-side financial comparison of Oracle Corporation (ORCL) and Warner Bros. Discovery (WBD). Click either name above to swap in a different company.
Oracle Corporation is the larger business by last-quarter revenue ($16.1B vs $9.5B, roughly 1.7× Warner Bros. Discovery). Oracle Corporation runs the higher net margin — 38.2% vs -2.7%, a 40.9% gap on every dollar of revenue. On growth, Oracle Corporation posted the faster year-over-year revenue change (14.2% vs -5.7%). Warner Bros. Discovery produced more free cash flow last quarter ($1.4B vs $-10.0B). Over the past eight quarters, Oracle Corporation's revenue compounded faster (10.0% CAGR vs -2.5%).
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.
Warner Bros. Discovery, Inc. (WBD) is an American multinational mass media and entertainment conglomerate headquartered in New York City. It was formed from WarnerMedia's spin-off by AT&T and merger with Discovery, Inc. on April 8, 2022.
ORCL vs WBD — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $16.1B | $9.5B |
| Net Profit | $6.1B | $-252.0M |
| Gross Margin | — | — |
| Operating Margin | 29.5% | 3.7% |
| Net Margin | 38.2% | -2.7% |
| Revenue YoY | 14.2% | -5.7% |
| Net Profit YoY | 94.7% | 49.0% |
| EPS (diluted) | $2.10 | $-0.10 |
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.
| Q4 25 | $16.1B | $9.5B | ||
| Q3 25 | $14.9B | $9.0B | ||
| Q2 25 | $15.9B | $9.8B | ||
| Q1 25 | $14.1B | $9.0B | ||
| Q4 24 | $14.1B | $10.0B | ||
| Q3 24 | $13.3B | $9.6B | ||
| Q2 24 | $14.3B | $9.7B | ||
| Q1 24 | $13.3B | $10.0B |
| Q4 25 | $6.1B | $-252.0M | ||
| Q3 25 | $2.9B | $-148.0M | ||
| Q2 25 | $3.4B | $1.6B | ||
| Q1 25 | $2.9B | $-453.0M | ||
| Q4 24 | $3.2B | $-494.0M | ||
| Q3 24 | $2.9B | $135.0M | ||
| Q2 24 | $3.1B | $-10.0B | ||
| Q1 24 | $2.4B | $-966.0M |
| Q4 25 | 29.5% | 3.7% | ||
| Q3 25 | 28.7% | 6.8% | ||
| Q2 25 | 32.1% | -1.9% | ||
| Q1 25 | 30.8% | -0.4% | ||
| Q4 24 | 30.0% | 1.6% | ||
| Q3 24 | 30.0% | 2.9% | ||
| Q2 24 | 32.8% | -105.1% | ||
| Q1 24 | 28.2% | -2.7% |
| Q4 25 | 38.2% | -2.7% | ||
| Q3 25 | 19.6% | -1.6% | ||
| Q2 25 | 21.5% | 16.1% | ||
| Q1 25 | 20.8% | -5.0% | ||
| Q4 24 | 22.4% | -4.9% | ||
| Q3 24 | 22.0% | 1.4% | ||
| Q2 24 | 22.0% | -102.8% | ||
| Q1 24 | 18.1% | -9.7% |
| Q4 25 | $2.10 | $-0.10 | ||
| Q3 25 | $1.01 | $-0.06 | ||
| Q2 25 | $1.19 | $0.63 | ||
| Q1 25 | $1.02 | $-0.18 | ||
| Q4 24 | $1.10 | $-0.20 | ||
| Q3 24 | $1.03 | $0.05 | ||
| Q2 24 | $1.11 | $-4.07 | ||
| Q1 24 | $0.85 | $-0.40 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $19.2B | $4.6B |
| Total DebtLower is stronger | — | $32.4B |
| Stockholders' EquityBook value | $30.0B | $35.9B |
| Total Assets | $205.0B | $100.1B |
| Debt / EquityLower = less leverage | — | 0.90× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $19.2B | $4.6B | ||
| Q3 25 | $10.4B | $4.3B | ||
| Q2 25 | $10.8B | $4.9B | ||
| Q1 25 | $17.4B | $3.9B | ||
| Q4 24 | $10.9B | $5.3B | ||
| Q3 24 | $10.6B | $3.3B | ||
| Q2 24 | $10.5B | $3.6B | ||
| Q1 24 | $9.5B | $3.0B |
| Q4 25 | — | $32.4B | ||
| Q3 25 | — | $33.4B | ||
| Q2 25 | — | $34.4B | ||
| Q1 25 | — | $34.6B | ||
| Q4 24 | — | $36.8B | ||
| Q3 24 | — | $37.2B | ||
| Q2 24 | — | $37.3B | ||
| Q1 24 | — | $39.1B |
| Q4 25 | $30.0B | $35.9B | ||
| Q3 25 | $24.2B | $36.0B | ||
| Q2 25 | $20.5B | $36.0B | ||
| Q1 25 | $16.7B | $33.8B | ||
| Q4 24 | $13.7B | $34.0B | ||
| Q3 24 | $10.8B | $35.1B | ||
| Q2 24 | $8.7B | $34.3B | ||
| Q1 24 | $5.6B | $44.2B |
| Q4 25 | $205.0B | $100.1B | ||
| Q3 25 | $180.4B | $100.5B | ||
| Q2 25 | $168.4B | $101.7B | ||
| Q1 25 | $161.4B | $101.7B | ||
| Q4 24 | $148.5B | $104.6B | ||
| Q3 24 | $144.2B | $106.3B | ||
| Q2 24 | $141.0B | $108.0B | ||
| Q1 24 | $137.1B | $119.8B |
| Q4 25 | — | 0.90× | ||
| Q3 25 | — | 0.93× | ||
| Q2 25 | — | 0.95× | ||
| Q1 25 | — | 1.02× | ||
| Q4 24 | — | 1.08× | ||
| Q3 24 | — | 1.06× | ||
| Q2 24 | — | 1.09× | ||
| Q1 24 | — | 0.89× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.1B | $1.8B |
| Free Cash FlowOCF − Capex | $-10.0B | $1.4B |
| FCF MarginFCF / Revenue | -62.1% | 14.6% |
| Capex IntensityCapex / Revenue | 74.9% | 4.5% |
| Cash ConversionOCF / Net Profit | 0.34× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-13.2B | $3.1B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.1B | $1.8B | ||
| Q3 25 | $8.1B | $979.0M | ||
| Q2 25 | $6.2B | $983.0M | ||
| Q1 25 | $5.9B | $553.0M | ||
| Q4 24 | $1.3B | $2.7B | ||
| Q3 24 | $7.4B | $847.0M | ||
| Q2 24 | $6.1B | $1.2B | ||
| Q1 24 | $5.5B | $585.0M |
| Q4 25 | $-10.0B | $1.4B | ||
| Q3 25 | $-362.0M | $701.0M | ||
| Q2 25 | $-2.9B | $702.0M | ||
| Q1 25 | $71.0M | $302.0M | ||
| Q4 24 | $-2.7B | $2.4B | ||
| Q3 24 | $5.1B | $632.0M | ||
| Q2 24 | $3.3B | $976.0M | ||
| Q1 24 | $3.8B | $390.0M |
| Q4 25 | -62.1% | 14.6% | ||
| Q3 25 | -2.4% | 7.8% | ||
| Q2 25 | -18.4% | 7.2% | ||
| Q1 25 | 0.5% | 3.4% | ||
| Q4 24 | -19.0% | 24.2% | ||
| Q3 24 | 38.5% | 6.6% | ||
| Q2 24 | 23.0% | 10.0% | ||
| Q1 24 | 28.6% | 3.9% |
| Q4 25 | 74.9% | 4.5% | ||
| Q3 25 | 57.0% | 3.1% | ||
| Q2 25 | 57.1% | 2.9% | ||
| Q1 25 | 41.5% | 2.8% | ||
| Q4 24 | 28.2% | 2.9% | ||
| Q3 24 | 17.3% | 2.2% | ||
| Q2 24 | 19.6% | 2.6% | ||
| Q1 24 | 12.6% | 2.0% |
| Q4 25 | 0.34× | — | ||
| Q3 25 | 2.78× | — | ||
| Q2 25 | 1.80× | 0.62× | ||
| Q1 25 | 2.02× | — | ||
| Q4 24 | 0.41× | — | ||
| Q3 24 | 2.54× | 6.27× | ||
| Q2 24 | 1.93× | — | ||
| Q1 24 | 2.28× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ORCL
| Software Support | $4.9B | 31% |
| Cloud Infrastructure | $4.1B | 25% |
| Cloud Applications | $3.9B | 24% |
| Services Business | $1.4B | 9% |
| Software License | $939.0M | 6% |
| Hardware Business | $776.0M | 5% |
WBD
| Distribution Revenue | $4.8B | 51% |
| Global Linear Networks | $4.2B | 44% |
| Service Other | $307.0M | 3% |
| Related Party | $204.0M | 2% |
| Other | $7.0M | 0% |
