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This is a list of software and information technology companies that are in the Fortune 500 list of the largest U.S. companies by revenue in the year of 2024. Company Type
Oracle Corporation is an American multinational computer technology company headquartered in Austin, Texas. [5] Co-founded in 1977 by Larry Ellison, who remains executive chairman, Oracle ranked as the third-largest software company in the world by revenue and market capitalization as of 2020, [6] and the company's seat in Forbes Global 2000 was 80 in 2023.
Oracle reported $14.06 billion in second-quarter revenue, a 9% increase from a year earlier, but below analysts' average estimate of $14.11 billion, as per data compiled by LSEG.
Oracle (ORCL) delivered earnings and revenue surprises of 9.01% and 1.46%, respectively, for the quarter ended November 2021. Do the numbers hold clues to what lies ahead for the stock?
The Forbes list for software companies includes only pure play (or nearly pure play) software companies and excludes manufacturers, consumer electronics companies, conglomerates, IT consulting firms, and computer services companies even if they have large software divisions.
Oracle's second-quarter revenue reached $14.06 billion, marking a 9% increase from the previous year, but below Wall Street estimates of $14.11 billion, as per data compiled by LSEG.
The business software maker's cloud services and license support unit, which accounts for more than half of its revenue, grew 4% to $6.93 billion in the third quarter.
This is a global list of largest technology companies by revenue, according to the Fortune Global 500. It shows companies identified by Fortune as being in the technology sector, ranked by total annual revenue. Other metrics not shown here, in particular market capitalization, are often used alternatively to define the size of a company.