Open Text OTEX
NASDAQ OTEX
$23.95 -0.90 (-3.62%)
At close: Sep 4, 2026 · 4:00 PM EDT

Open Text (OTEX) Cost of Revenue (2009 - 2026)

Open Text (OTEX) posted Cost of Revenue of $337.6 million for Q2 2026, down 2.22% on a QoQ basis from $345.2 million in Q1 2026, and down 6.97% year-over-year from $362.8 million in Q2 2025.

Analysis

Open Text (OTEX) Cost of Revenue (2009 - 2026) Analysis & Trends

Open Text has reported Cost of Revenue for 18 years, with the latest figure at $337.6 million in Q2 2026.

  • On a quarterly basis, Cost of Revenue fell 6.97% year-over-year to $337.6 million in Q2 2026; TTM through Jun 2026 was $1.4 billion, a 3.92% decrease from a year earlier, with the FY2026 full-year figure at $1.4 billion, down 3.92% from the prior year.
  • Cost of Revenue was $337.6 million for Q2 2026 at Open Text, down from $345.2 million in the prior quarter.
  • The five-year high for Cost of Revenue was $426.8 million in Q2 2023, with the low at $258.3 million in Q3 2022.
  • Average Cost of Revenue over 5 years is $347.2 million, with a median of $356.3 million recorded in 2024.
  • The sharpest annual moves came in 2023 and 2024: Cost of Revenue surged 58.87% in 2023, then slipped 12.27% in 2024.
  • Over 5 years, Cost of Revenue stood at $261.7 million in 2022, then surged by 55.05% to $405.7 million in 2023, then fell by 12.13% to $356.5 million in 2024, then dropped by 3.36% to $344.5 million in 2025, then dropped by 2.03% to $337.6 million in 2026.
  • The last three Cost of Revenue figures came in at $337.6 million (Q2 2026), $345.2 million (Q1 2026), and $344.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Atlassian 49.32 Bn 48.08 Bn 1.53 Bn 238.45 Mn
2 Dropbox 7.65 Bn 6.54 Bn 506.50 Mn 125.00 Mn
3 Open Text 5.80 Bn 4.84 Bn 1.01 Bn 337.55 Mn
4 Box 4.83 Bn 4.38 Bn 253.97 Mn 67.18 Mn
5 Asana 2.03 Bn 1.81 Bn 186.10 Mn 30.33 Mn
6 Cheetah Mobile 99.06 Mn -64.30 Mn 24.15 Mn 13.40 Mn
7 Upland Software 10.97 Mn -20.70 Mn 37.47 Mn 11.67 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 337.55 Mn
Mar 31, 2026 345.23 Mn
Dec 31, 2025 344.54 Mn
Sep 30, 2025 350.62 Mn
Jun 30, 2025 362.84 Mn
Mar 31, 2025 356.11 Mn
Dec 31, 2024 356.52 Mn
Sep 30, 2024 358.65 Mn
Jun 30, 2024 374.43 Mn
Mar 31, 2024 391.36 Mn
Dec 31, 2023 405.75 Mn
Sep 30, 2023 407.01 Mn
Jun 30, 2023 426.82 Mn
Mar 31, 2023 369.73 Mn
Dec 31, 2022 261.69 Mn
Sep 30, 2022 258.35 Mn
Jun 30, 2022 268.66 Mn
Mar 31, 2022 274.24 Mn
Dec 31, 2021 261.18 Mn
Sep 30, 2021 258.12 Mn