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

Open Text's (OTEX) quarterly Change in Taxes came in at -$23.3 million in Q1 2026, down 284.95% year-on-year from $12.6 million in Q1 2025, and down 5292.63% quarter-over-quarter from $448000.0 in Q4 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.

  • On a quarterly basis, Change in Taxes fell 284.95% year-over-year to -$23.3 million in Q1 2026; TTM through Mar 2026 was -$118.5 million, a 19.81% increase from a year earlier, with the FY2025 full-year figure at -$246.7 million, down 320.06% from the prior year.
  • Change in Taxes declined to -$23.3 million in Q1 2026 per OTEX's latest filing, from $448000.0 in the prior quarter.
  • Across five years, Change in Taxes topped out at $87.3 million in Q1 2023 and bottomed at -$193.5 million in Q3 2024.
  • The 5-year median for Change in Taxes is $12.6 million (2025), against an average of -$8.5 million.
  • Across the five-year window, Change in Taxes surged 722.92% in 2023 and slumped 753.81% in 2024, its largest moves.
  • Year by year, Change in Taxes stood at $28.4 million in 2022, then grew by 2.57% to $29.1 million in 2023, then tumbled by 111.04% to -$3.2 million in 2024, then jumped by 113.92% to $448000.0 in 2025, then slumped by 5292.63% to -$23.3 million in 2026.
  • Per Business Quant, the three latest OTEX Change in Taxes figures stand at -$23.3 million (Q1 2026), $448000.0 (Q4 2025), and -$33.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn -
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn -
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn -
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn -
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn -
10 Open Text 5.21 Bn 3.96 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