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

Open Text's Cost of Revenue history runs 18 years deep, the most recent figure standing at $345.2 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 32.73% year-over-year to $345.2 million; the TTM figure through Mar 2026 stood at $1.3 billion (up 17.89% YoY), while the FY2025 annual figure was $1.1 billion, down 8.91% from the prior year.
• Cost of Revenue was $345.2 million for Q1 2026 at Open Text, up from $288.0 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $354.6 million in Q2 2023 to a low of -$116.4 million in Q2 2022.
• Historically, Cost of Revenue has averaged $245.1 million across 5 years, with a median of $274.2 million in 2022.
• The sharpest annual moves came in 2023 and 2024: Cost of Revenue sank 91.72% in 2023, then surged 1048.98% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $177.2 million in 2022, then surged by 62.34% to $287.6 million in 2023, then decreased by 4.76% to $273.9 million in 2024, then increased by 5.13% to $288.0 million in 2025, then advanced by 19.87% to $345.2 million in 2026.
• The last three Cost of Revenue figures came in at $345.2 million (Q1 2026), $288.0 million (Q4 2025), and $350.6 million (Q3 2025), per Business Quant data.