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
DateValue
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