Open Text (OTEX) Current Leases (2019 - 2026)
Open Text's (OTEX) quarterly Current Leases came in at $62.6 million in Q1 2026, down 17.12% year-on-year from $75.5 million in Q1 2025, and down 6.0% quarter-over-quarter from $66.6 million in Q4 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.
- On a quarterly basis, Current Leases fell 17.12% year-over-year to $62.6 million in Q1 2026; TTM through Mar 2026 was $62.6 million, a 17.12% decrease from a year earlier, with the FY2025 full-year figure at $75.9 million, down 0.7% from the prior year.
- Current Leases eased to $62.6 million in Q1 2026 per OTEX's latest filing, from $66.6 million in the prior quarter.
- Across five years, Current Leases topped out at $94.0 million in Q1 2023 and bottomed at $56.4 million in Q2 2022.
- The 5-year median for Current Leases is $75.3 million (2024), against an average of $74.0 million.
- Across the five-year window, Current Leases surged 62.16% in 2023 and declined 17.12% in 2026, its largest moves.
- Year by year, Current Leases 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.
- Per Business Quant, the three latest OTEX Current Leases figures stand at $62.6 million (Q1 2026), $66.6 million (Q4 2025), and $73.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 200.95 Bn | 180.72 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 193.13 Bn | 190.43 Bn | - | - |
| 3 | Shopify | 162.89 Bn | 157.15 Bn | 1.55 Bn | 16.00 Mn |
| 4 | Salesforce | 151.21 Bn | 139.37 Bn | 8.56 Bn | 557.00 Mn |
| 5 | Uber Technologies | 139.69 Bn | 138.48 Bn | 5.95 Bn | 195.00 Mn |
| 6 | ServiceNow | 109.29 Bn | 104.63 Bn | 2.82 Bn | 114.00 Mn |
| 7 | Automatic Data Processing | 103.07 Bn | 99.84 Bn | 2.87 Bn | - |
| 8 | Adobe | 96.14 Bn | 90.51 Bn | 5.90 Bn | 91.00 Mn |
| 9 | Snowflake | 93.34 Bn | 90.39 Bn | 926.45 Mn | 55.78 Mn |
| 10 | Open Text | 5.89 Bn | 4.64 Bn | 937.27 Mn | 62.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |