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| Date | Value |
|---|---|
| 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 |