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| 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 |