NVIDIA Corporation (NVDA)
NVIDIA makes the graphics processors and data-center accelerators that train and run most modern AI models. Its chips have become the default hardware of the AI boom, making it a bellwether for the entire sector.
Information Technology stock comparison
NVDA vs ORCL: which business are you actually underwriting?
NVIDIA (NVDA) is the larger business by reported revenue: $215.9B in its fiscal year ended Jan 2026, about 3.2× ORCL's $67.4B (fiscal year ended May 2026). NVDA's net margin was 55.6% and ORCL's 25.2%. The SEC classifies them differently (Semiconductors & Related Devices; Services-Prepackaged Software); what connects them is shared exposure to the Artificial intelligence research theme, not a common industry.
Figures come from each company's own SEC filings. This page compares the businesses; it is not a price target or a verdict.
- Sector
- Information Technology
- SEC industry
- Different
- Separate classifications
- Fiscal year ends
- Different
- NVDA January 31 · ORCL May 31
- Reviewed
- Jun 22, 2026
NVDA vs ORCL: quick comparison
| Company fact | NVDA | ORCL |
|---|---|---|
| Company | NVIDIA Corporation | Oracle Corporation |
| Exchange | NASDAQ | NYSE |
| Headquarters | Santa Clara, California | Austin, Texas |
| Founded | 1993 | 1977 |
| SEC industry | Semiconductors & Related Devices | Services-Prepackaged Software |
| Fiscal year-end | January 31 | May 31 |
| Latest annual filing | 10-K · 2026-02-25 | 10-K · 2026-06-22 |
NVDA vs ORCL: audited financials
- Scale: NVDA's $215.9B of revenue is about 3.2× ORCL's $67.4B.
- Net margin: NVDA kept 55.6% of revenue as net income versus 25.2% at ORCL.
- Cash conversion: operating cash flow equalled NVDA 47.6% of revenue, or 0.86× net income; ORCL 47.5% of revenue, or 1.88× net income. A ratio well above 1× usually reflects non-cash charges or working-capital release; well below 1× can reflect working-capital build or non-cash gains.
- Periods: the fiscal years end about 4 months apart (2026-01-25 for NVDA, 2026-05-31 for ORCL), so each figure reflects somewhat different demand and cost conditions.
| Metric | NVDA | ORCL |
|---|---|---|
| Revenue | $215.9B2025-01-27 to 2026-01-25 · SEC filing | $67.4B2025-06-01 to 2026-05-31 · SEC filing |
| Net income | $120.1B2025-01-27 to 2026-01-25 · SEC filing | $17.0B2025-06-01 to 2026-05-31 · SEC filing |
| Operating cash flow | $102.7B2025-01-27 to 2026-01-25 · SEC filing | $32.0B2025-06-01 to 2026-05-31 · SEC filing |
| Diluted EPS | $4.902025-01-27 to 2026-01-25 · SEC filing | $5.832025-06-01 to 2026-05-31 · SEC filing |
| Net margin | 55.6%2025-01-27 to 2026-01-25 · SEC filing | 25.2%2025-06-01 to 2026-05-31 · SEC filing |
NVDA: FY ending 2026-01-25 · ORCL: FY ending 2026-05-31. Figures as tagged in each issuer's SEC XBRL filing; fiscal calendars may not align.
Where NVDA and ORCL overlap, and where they don't
Overlap
- Shared research theme: Artificial intelligence.
Differences
- Different SEC industries: NVDA files as Semiconductors & Related Devices; ORCL as Services-Prepackaged Software.
- Offset fiscal calendars: NVDA's year ends January 31 and ORCL's May 31, about 4 months apart.
- Only NVDA maps to Tariffs & trade.
- Scale: NVDA reported about 3.2× the annual revenue of ORCL.
- Profitability: net margin of 55.6% for NVDA versus 25.2% for ORCL.
Overlap is drawn from SEC classifications and Yield Theory research themes. It is not evidence that the companies sell to the same customers or compete product for product.
Oracle Corporation (ORCL)
Oracle runs one of the world's most widely used database platforms and has pivoted aggressively into cloud infrastructure and applications. Its cloud regions have become a favored home for large AI training workloads.
What moves each company
Company-specific drivers maintained by Yield Theory. Use them to decide which filing deserves deeper work; they are not predictions.
What moves NVDA
- Data Center compute and networking demand from cloud providers, AI developers and enterprises
- Revenue concentration among a limited number of partners, distributors and direct customers
- U.S. export controls, which the fiscal 2026 10-K says effectively foreclosed China's data-center compute market
- Foundry, packaging and memory supply from partners such as TSMC, concentrated in Asia
What moves ORCL
- Oracle Cloud Infrastructure capacity additions and data-center build-out
- Migration of software support customers to cloud applications and infrastructure
- Renewal of software support contracts on the installed license base
- Capital spending and borrowing to fund data-center expansion
The investment question
You now know NVDA reports about 3.2× ORCL's revenue, and NVDA keeps more of each dollar as net income. Those are the facts. The investment question is what each share price already assumes about “Data Center compute and networking demand from cloud providers, AI developers and enterprises” at NVDA and “Oracle Cloud Infrastructure capacity additions and data-center build-out” at ORCL, and which evidence in the next filings would prove that assumption wrong.
Members-only research
Members-only research on NVDA and ORCL
NVDA · Aug 12, 2026
Issue 05: NVIDIA Is Building the Credit Market for AINVIDIA has found a way to turn knowledge of its own roadmap into a lower cost of capital for its customers. The result could move AI infrastructure from venture equity into private credit, insurance balance sheets and securitized debt.
Sep 22, 2026
Meta jumped 11%. What must happen next to justify the price?A member research report on Meta’s AI rally: Muse, subscription economics, the cash-flow burden, legal costs and the earnings assumptions behind the new price.
The thesis, the numbers behind it, and what would break it. Full access is $15 a month.
Read the full researchSEC filing comparison and disclosure evidence
Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable. NVDA's fiscal year ends January 31, while ORCL's ends May 31. Normalize the reporting periods before comparing growth, margins, capital intensity, or guidance.
The current verified House and Senate snapshot contains 178 matched transaction rows for NVDA and 48 matched transaction rows for ORCL. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.
NVDA primary filings
ORCL primary filings
What this comparison cannot tell you
This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.
A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.
NVDA vs ORCL FAQs
Are NVDA and ORCL direct competitors?
Not necessarily. NVIDIA files as Semiconductors & Related Devices and Oracle as Services-Prepackaged Software. The pair is compared because both map to the Artificial intelligence research theme, not because the filings show head-to-head competition.
Is NVDA or ORCL the bigger company by revenue?
NVIDIA (NVDA) is the larger business by reported revenue: $215.9B in its fiscal year ended Jan 2026, about 3.2× ORCL's $67.4B (fiscal year ended May 2026). NVDA's net margin was 55.6% and ORCL's 25.2%. The SEC classifies them differently (Semiconductors & Related Devices; Services-Prepackaged Software); what connects them is shared exposure to the Artificial intelligence research theme, not a common industry. Each figure is the annual amount tagged in the company's own SEC XBRL filing; market value depends on live prices, which this page does not publish.
Which is better, NVDA or ORCL?
There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.
Does this NVDA vs ORCL comparison include live prices?
No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers NVIDIA Corporation and Oracle Corporation tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.
Where does the company information come from?
Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-09-26. Business summaries and research themes are maintained by Yield Theory.
Data snapshot: SEC EDGAR submissions API, refreshed 2026-09-26. Independent educational research; not investment advice.
Which business differences matter to the investment thesis?
NVDA vs ORCL compares reported results. The reports below show how we connect operating evidence to an investment thesis, its assumptions, catalysts, and risks. $15/month or $150/year.
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