Oracle (ORCL) risk factors: FY2026 10-K

1. We may be unsuccessful in developing and selling new products and services, integrating acquired products and services and enhancing our existing products and services.
2. Our AI products may not operate as anticipated, which could adversely affect our reputation, revenues and profitability.AI
3. If we do not successfully execute our Oracle Cloud strategy, including our offerings of Oracle Cloud, our revenues and profitability may decline.reworded
4. If we are unable to secure data center capacity at affordable rates or do not accurately plan for and manage our infrastructure capacity requirements, our profitability may decline.
5. Our cloud offerings and hardware offerings are complex, and if we cannot successfully manage this complexity, including the sourcing of technologies and components, the results of these businesses will suffer.
6. We may not receive significant revenues from our current research and development efforts for several years, if at all.
7. Our products and services may not function properly if we experience significant coding, manufacturing or configuration errors in our cloud, software and hardware offerings.reworded
8. If we are unable to compete effectively, the results of operations and prospects for our business could be harmed.
9. Our periodic workforce restructurings and reorganizations can be disruptive.
10. We may lose key employees or may be unable to hire enough qualified employees.
11. There are risks associated with our cloud and software and hardware indirect sales channels which could affect our future operating results.reworded
12. Acquisitions, joint ventures and strategic alliances present many risks and we may not achieve the financial and strategic goals that were contemplated at the time of a transaction.reworded
13. We are subject to risks with respect to environmental, social and governance (ESG) matters.

Read these in Item 1A · See the changes

1. We are subject to business, financial and reputational risks related to cybersecurity incidents and data breaches.newCybersecurity
2. Our business practices with respect to data could give rise to operational interruption, liabilities or reputational harm as a result of governmental regulation, legal requirements or industry standards relating to privacy and data protection.
3. Third parties have claimed, and in the future may claim, infringement or misuse of intellectual property rights and/or breach of license agreement provisions.
4. We may not be able to protect our intellectual property rights.

Read these in Item 1A · See the changes

1. Adverse litigation results could affect our business.
2. We may be subjected to increased taxes due to changes in U.S. or international tax laws, the inability to obtain or retain tax incentives, or from adverse resolutions of tax audits and controversies.reworded
3. Our international sales and operations and global customer base subject us to additional risks, including trade restrictions, export controls and sanctions, that can adversely affect our operating results.reworded
4. The healthcare industry is highly regulated, and thus, we are subject to several laws, regulations and industry initiatives, non-compliance with certain of which could adversely affect our healthcare business.
5. Our sales to local, state, federal and foreign government customers expose us to business volatility and risks, including government budgeting cycles and appropriations, government shutdowns, procurement regulations, governmental policy shifts, early termination of contracts, audits, investigations, sanctions and penalties.
6. Environmental and other related laws and regulations subject us to a number of risks and could result in significant liabilities and costs.

Read these in Item 1A · See the changes

1. Our operations can be difficult for us to predict because our quarterly results of operations may fluctuate significantly based on a number of factors.
2. Changes in currency exchange rates can adversely affect customer demand and our revenues and profitability.reworded
3. There are risks associated with our outstanding and future indebtedness.
4. If our accounting estimates and judgments turn out to be inaccurate, our future financial results could fall short of expectations, which could have a material adverse effect on our stock price.new

Read these in Item 1A · See the changes

1. Our stock price could become more volatile and your investment could lose value.
2. Conversion of our Mandatory Convertible Preferred Stock (and our depositary shares), or the payment of dividends on Mandatory Convertible Preferred Stock in shares of common stock, or the issuance of shares of our common stock under the ATM Program will dilute the ownership interest of the holders of our common stock.new
3. The ATM Program, the Mandatory Convertible Preferred Stock or our depositary shares may adversely affect the market price of our common stock, and we cannot guarantee that our ATM Program will be fully implemented.new
4. Our common stock ranks junior to our Mandatory Convertible Preferred Stock with respect to the payment of dividends and amounts payable in the event of our liquidation, winding-up or dissolution.new
5. We cannot guarantee that our stock repurchase program will be fully implemented or that it will enhance long-term stockholder value.

Read these in Item 1A · See the changes

1. Economic, political and market conditions can adversely affect our business, results of operations and financial condition, including our revenue growth and profitability, which in turn could adversely affect our stock price.
2. Significant events in certain geographic locations could adversely affect our operating results and disrupt our business.new

Read these in Item 1A · See the changes

Headings in the FY2025 10-K with no match this year.

1. If our security measures for our products and services are compromised and as a result, our data, our customers’ data or our IT systems are accessed improperly, made unavailable, or improperly modified, our products and services may be perceived as vulnerable, our brand and reputation could be damaged, the IT services we provide to our customers could be disrupted, and customers may stop using our products and services, any of which could reduce our revenue and earnings, increase our expenses and expose us to legal claims and regulatory actions.
2. Business disruptions could adversely affect our operating results.