Open Text (OTEX) Change in Taxes (2009 - 2026)

Open Text (OTEX) recorded quarterly Change in Taxes of -$23.3 million in Q1 2026, down 5292.63% quarter-over-quarter from $448000.0 in Q4 2025, and down 284.95% on a YoY basis from $12.6 million in Q1 2025.

Open Text (OTEX) Change in Taxes (2009 - 2026) Analysis & Trends

Open Text's Change in Taxes history runs 18 years deep, the most recent figure standing at -$23.3 million for Q1 2026.

  • In Q1 2026, Change in Taxes fell 284.95% year-over-year to -$23.3 million; the TTM figure through Mar 2026 stood at -$118.5 million (up 19.81% YoY), while the FY2025 annual figure was -$246.7 million, down 320.06% from the prior year.
  • Change in Taxes was -$23.3 million for Q1 2026 at Open Text, down from $448000.0 in the prior quarter.
  • In the past five years, Change in Taxes ranged from a high of $87.3 million in Q1 2023 to a low of -$193.5 million in Q3 2024.
  • Historically, Change in Taxes has averaged -$8.5 million across 5 years, with a median of $12.6 million in 2025.
  • The sharpest annual moves came in 2023 and 2024: Change in Taxes soared 722.92% in 2023, then slumped 753.81% in 2024.
  • A 5-year view of Change in Taxes shows it stood at $28.4 million in 2022, then grew by 2.57% to $29.1 million in 2023, then sank by 111.04% to -$3.2 million in 2024, then jumped by 113.92% to $448000.0 in 2025, then plunged by 5292.63% to -$23.3 million in 2026.
  • The last three Change in Taxes figures came in at -$23.3 million (Q1 2026), $448000.0 (Q4 2025), and -$33.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Taxes (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 936.60 Mn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 70.96 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn -
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn -
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn -
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn -
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn -
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn -424.00 Mn
10 Open Text 5.55 Bn 4.30 Bn 937.27 Mn -23.26 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -23.26 Mn
Mar 31, 2026 -23.26 Mn
Dec 31, 2025 448,000.00
Dec 31, 2025 448,000.00
Sep 30, 2025 -33.11 Mn
Sep 30, 2025 -33.11 Mn
Jun 30, 2025 -62.53 Mn
Jun 30, 2025 -62.53 Mn
Mar 31, 2025 12.58 Mn
Mar 31, 2025 12.58 Mn
Dec 31, 2024 -3.22 Mn
Dec 31, 2024 -3.22 Mn
Sep 30, 2024 -193.51 Mn
Sep 30, 2024 -193.51 Mn
Jun 30, 2024 36.42 Mn
Jun 30, 2024 36.42 Mn
Mar 31, 2024 16.94 Mn
Mar 31, 2024 16.94 Mn
Dec 31, 2023 29.14 Mn
Dec 31, 2023 29.14 Mn