Open Text (OTEX) Cost of Revenue (2009 - 2026)
Open Text's (OTEX) quarterly Cost of Revenue came in at $345.2 million in Q1 2026, down 3.05% year-on-year from $356.1 million in Q1 2025, and little changed quarter-over-quarter from $344.5 million in Q4 2025.
Open Text (OTEX) Cost of Revenue (2009 - 2026) Analysis & Trends
Open Text's Cost of Revenue history runs 18 years deep, the most recent figure standing at $345.2 million for Q1 2026.
- On a quarterly basis, Cost of Revenue fell 3.05% year-over-year to $345.2 million in Q1 2026; TTM through Mar 2026 was $1.4 billion, a 2.94% decrease from a year earlier, with the FY2025 full-year figure at $1.4 billion, down 9.15% from the prior year.
- Cost of Revenue was little changed at $345.2 million in Q1 2026 per OTEX's latest filing, from $344.5 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $426.8 million in Q2 2023 and bottomed at $258.3 million in Q3 2022.
- The 5-year median for Cost of Revenue is $356.5 million (2024), against an average of $347.8 million.
- Across the five-year window, Cost of Revenue soared 58.87% in 2023 and dropped 12.27% in 2024, its largest moves.
- Year by year, Cost of Revenue stood at $261.7 million in 2022, then jumped by 55.05% to $405.7 million in 2023, then declined by 12.13% to $356.5 million in 2024, then slipped by 3.36% to $344.5 million in 2025, then grew by 0.2% to $345.2 million in 2026.
- Per Business Quant, the three latest OTEX Cost of Revenue figures stand at $345.2 million (Q1 2026), $344.5 million (Q4 2025), and $350.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 199.59 Bn | 179.36 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 193.24 Bn | 190.53 Bn | - | - |
| 3 | Shopify | 164.78 Bn | 159.04 Bn | 1.55 Bn | 1.62 Bn |
| 4 | Salesforce | 150.52 Bn | 138.68 Bn | 8.56 Bn | 2.57 Bn |
| 5 | Uber Technologies | 139.79 Bn | 138.58 Bn | 5.95 Bn | 7.26 Bn |
| 6 | ServiceNow | 109.10 Bn | 104.44 Bn | 2.82 Bn | 1.17 Bn |
| 7 | Automatic Data Processing | 102.68 Bn | 99.45 Bn | 2.87 Bn | 3.07 Bn |
| 8 | Adobe | 95.80 Bn | 90.17 Bn | 5.90 Bn | 715.00 Mn |
| 9 | Snowflake | 93.75 Bn | 90.79 Bn | 926.45 Mn | 464.50 Mn |
| 10 | Open Text | 5.87 Bn | 4.61 Bn | 937.27 Mn | 345.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 345.23 Mn |
| Mar 31, 2026 | 345.23 Mn |
| Dec 31, 2025 | 344.54 Mn |
| Dec 31, 2025 | 344.54 Mn |
| Sep 30, 2025 | 350.62 Mn |
| Sep 30, 2025 | 350.62 Mn |
| Jun 30, 2025 | 362.84 Mn |
| Jun 30, 2025 | 362.84 Mn |
| Mar 31, 2025 | 356.11 Mn |
| Mar 31, 2025 | 356.11 Mn |
| Dec 31, 2024 | 356.52 Mn |
| Dec 31, 2024 | 356.52 Mn |
| Sep 30, 2024 | 358.65 Mn |
| Sep 30, 2024 | 358.65 Mn |
| Jun 30, 2024 | 374.43 Mn |
| Jun 30, 2024 | 374.43 Mn |
| Mar 31, 2024 | 391.36 Mn |
| Mar 31, 2024 | 391.36 Mn |
| Dec 31, 2023 | 405.75 Mn |
| Dec 31, 2023 | 405.75 Mn |