Open Text (OTEX) Current Leases (2019 - 2026)
Open Text (OTEX) posted Current Leases of $63.6 million for Q2 2026, up 1.61% on a QoQ basis from $62.6 million in Q1 2026, and down 16.21% year-over-year from $75.9 million in Q2 2025.
Analysis
Open Text (OTEX) Current Leases (2019 - 2026) Analysis & Trends
Open Text has reported Current Leases for 8 years, with the latest figure at $63.6 million in Q2 2026.
- On a quarterly basis, Current Leases fell 16.21% year-over-year to $63.6 million in Q2 2026; TTM through Jun 2026 was $63.6 million, a 16.21% decrease from a year earlier, with the FY2026 full-year figure at $63.6 million, down 16.21% from the prior year.
- Current Leases was $63.6 million for Q2 2026 at Open Text, up from $62.6 million in the prior quarter.
- The five-year high for Current Leases was $94.0 million in Q1 2023, with the low at $56.4 million in Q2 2022.
- Average Current Leases over 5 years is $73.4 million, with a median of $75.0 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2026: Current Leases jumped 62.16% in 2023, then dropped 17.12% in 2026.
- Over 5 years, Current Leases stood at $58.3 million in 2022, then jumped by 49.0% to $86.9 million in 2023, then decreased by 14.01% to $74.7 million in 2024, then dropped by 10.84% to $66.6 million in 2025, then slipped by 4.49% to $63.6 million in 2026.
- The last three Current Leases figures came in at $63.6 million (Q2 2026), $62.6 million (Q1 2026), and $66.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 49.32 Bn | 48.08 Bn | 1.53 Bn | 48.51 Mn |
| 2 | Dropbox | 7.65 Bn | 6.54 Bn | 506.50 Mn | 128.90 Mn |
| 3 | Open Text | 5.80 Bn | 4.84 Bn | 1.01 Bn | 63.61 Mn |
| 4 | Box | 4.83 Bn | 4.38 Bn | 253.97 Mn | - |
| 5 | Asana | 2.03 Bn | 1.81 Bn | 186.10 Mn | 27.22 Mn |
| 6 | Cheetah Mobile | 99.06 Mn | -64.30 Mn | 24.15 Mn | - |
| 7 | Upland Software | 10.97 Mn | -20.70 Mn | 37.47 Mn | 646,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 63.61 Mn |
| 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 |