Open Text (OTEX) Current Leases (2019 - 2026)

Open Text (OTEX) recorded quarterly Current Leases of $62.6 million in Q1 2026, down 6.0% quarter-over-quarter from $66.6 million in Q4 2025, and down 17.12% on a YoY basis from $75.5 million in Q1 2025.

Open Text (OTEX) Current Leases (2019 - 2026) Analysis & Trends

Open Text's Current Leases history runs 8 years deep, the most recent figure standing at $62.6 million for Q1 2026.

  • In Q1 2026, Current Leases fell 17.12% year-over-year to $62.6 million; the TTM figure through Mar 2026 stood at $62.6 million (down 17.12% YoY), while the FY2025 annual figure was $75.9 million, down 0.7% from the prior year.
  • Current Leases was $62.6 million for Q1 2026 at Open Text, down from $66.6 million in the prior quarter.
  • In the past five years, Current Leases ranged from a high of $94.0 million in Q1 2023 to a low of $56.4 million in Q2 2022.
  • Historically, Current Leases has averaged $74.0 million across 5 years, with a median of $75.3 million in 2024.
  • The sharpest annual moves came in 2023 and 2026: Current Leases soared 62.16% in 2023, then slipped 17.12% in 2026.
  • A 5-year view of Current Leases shows it stood at $58.3 million in 2022, then soared by 49.0% to $86.9 million in 2023, then retreated by 14.01% to $74.7 million in 2024, then slipped by 10.84% to $66.6 million in 2025, then fell by 6.0% to $62.6 million in 2026.
  • The last three Current Leases figures came in at $62.6 million (Q1 2026), $66.6 million (Q4 2025), and $73.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 195.00 Mn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 16.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 557.00 Mn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn -
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 118.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn -
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 91.00 Mn
10 Open Text 5.55 Bn 4.30 Bn 937.27 Mn 62.61 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 62.61 Mn
Dec 31, 2025 66.60 Mn
Sep 30, 2025 73.77 Mn
Jun 30, 2025 75.91 Mn
Mar 31, 2025 75.54 Mn
Dec 31, 2024 74.70 Mn
Sep 30, 2024 75.31 Mn
Jun 30, 2024 76.45 Mn
Mar 31, 2024 80.96 Mn
Dec 31, 2023 86.87 Mn
Sep 30, 2023 90.42 Mn
Jun 30, 2023 91.43 Mn
Mar 31, 2023 94.02 Mn
Dec 31, 2022 58.30 Mn
Sep 30, 2022 58.97 Mn
Jun 30, 2022 56.38 Mn
Mar 31, 2022 59.18 Mn
Dec 31, 2021 62.91 Mn
Sep 30, 2021 58.03 Mn
Jun 30, 2021 58.32 Mn