Open Text (OTEX) Change in Taxes (2009 - 2026)
Open Text (OTEX) posted Change in Taxes of $16.5 million for Q2 2026, up 170.93% on a QoQ basis from -$23.3 million in Q1 2026, and up 126.39% year-over-year from $7.3 million in Q2 2025.
Analysis
Open Text (OTEX) Change in Taxes (2009 - 2026) Analysis & Trends
Open Text has reported Change in Taxes for 18 years, with the latest figure at $16.5 million in Q2 2026.
- On a quarterly basis, Change in Taxes rose 126.39% year-over-year to $16.5 million in Q2 2026; TTM through Jun 2026 was -$39.4 million, a 84.02% increase from a year earlier, with the FY2026 full-year figure at -$39.4 million, up 84.02% from the prior year.
- Change in Taxes was $16.5 million for Q2 2026 at Open Text, up from -$23.3 million in the prior quarter.
- The five-year high for Change in Taxes was $87.3 million in Q1 2023, with the low at -$193.5 million in Q3 2024.
- Average Change in Taxes over 5 years is -$7.1 million, with a median of $14.2 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Change in Taxes jumped 722.92% in 2023, then sank 753.81% in 2024.
- Over 5 years, Change in Taxes stood at $28.4 million in 2022, then increased by 2.57% to $29.1 million in 2023, then plunged by 111.04% to -$3.2 million in 2024, then surged by 113.92% to $448000.0 in 2025, then surged by 3583.04% to $16.5 million in 2026.
- The last three Change in Taxes figures came in at $16.5 million (Q2 2026), -$23.3 million (Q1 2026), and $448000.0 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 49.32 Bn | 48.08 Bn | 1.53 Bn | - |
| 2 | Dropbox | 7.65 Bn | 6.54 Bn | 506.50 Mn | - |
| 3 | Open Text | 5.80 Bn | 4.84 Bn | 1.01 Bn | 16.50 Mn |
| 4 | Box | 4.83 Bn | 4.38 Bn | 253.97 Mn | - |
| 5 | Asana | 2.03 Bn | 1.81 Bn | 186.10 Mn | - |
| 6 | Cheetah Mobile | 99.06 Mn | -64.30 Mn | 24.15 Mn | - |
| 7 | Upland Software | 10.97 Mn | -20.70 Mn | 37.47 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.50 Mn |
| Mar 31, 2026 | -23.26 Mn |
| Dec 31, 2025 | 448,000.00 |
| Sep 30, 2025 | -33.11 Mn |
| Jun 30, 2025 | -62.53 Mn |
| Mar 31, 2025 | 12.58 Mn |
| Dec 31, 2024 | -3.22 Mn |
| Sep 30, 2024 | -193.51 Mn |
| Jun 30, 2024 | 36.42 Mn |
| Mar 31, 2024 | 16.94 Mn |
| Dec 31, 2023 | 29.14 Mn |
| Sep 30, 2023 | 29.60 Mn |
| Jun 30, 2023 | -116.57 Mn |
| Mar 31, 2023 | 87.28 Mn |
| Dec 31, 2022 | 28.41 Mn |
| Sep 30, 2022 | 15.83 Mn |
| Jun 30, 2022 | 45.82 Mn |
| Mar 31, 2022 | -14.01 Mn |
| Dec 31, 2021 | -13.99 Mn |
| Sep 30, 2021 | 16.76 Mn |