• Oracle average gross margin for 2023 was 72.87%, a 6.7% decline from 2022.
• Oracle average gross margin for 2022 was 78.1%, a 2.79% decline from 2021.
• Oracle average gross margin for 2021 was 80.34%, a 0.5% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.