Open Text (OTEX) EBITDA Margin (2009 - 2026)
Open Text (OTEX) recorded quarterly EBITDA Margin of 18.36% in Q1 2026, down 25.5% quarter-over-quarter from 24.65% in Q4 2025, and down 89.0% on a YoY basis from 166.95% in Q1 2025.
Open Text (OTEX) EBITDA Margin (2009 - 2026) Analysis & Trends
Open Text's EBITDA Margin history runs 18 years deep, the most recent figure standing at 18.36% for Q1 2026.
- In Q1 2026, EBITDA Margin fell 89.0% year-over-year to 18.36%; the TTM figure through Mar 2026 stood at 20.81% (up 103.0% YoY), while the FY2025 annual figure was 19.8%, up 214.0% from the prior year.
- EBITDA Margin was 18.36% for Q1 2026 at Open Text, down from 24.65% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 24.65% in Q4 2025 to a low of 7.6% in Q1 2023.
- Historically, EBITDA Margin has averaged 18.69% across 5 years, with a median of 18.36% in 2026.
- The sharpest annual moves came in 2023 and 2024: EBITDA Margin slumped 985 bps in 2023, then jumped 1031 bps in 2024.
- A 5-year view of EBITDA Margin shows it stood at 23.12% in 2022, then dropped by 19 bps to 18.72% in 2023, then surged by 31 bps to 24.55% in 2024, then rose by 0 bps to 24.65% in 2025, then dropped by 25 bps to 18.36% in 2026.
- The last three EBITDA Margin figures came in at 18.36% (Q1 2026), 24.65% (Q4 2025), and 23.75% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 28.69% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 14.56% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -18.49% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 21.08% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 29.26% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.12% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | -22.99% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 33.82% |
| 10 | Open Text | 5.55 Bn | 4.30 Bn | 937.27 Mn | 18.36% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.36% |
| Dec 31, 2025 | 24.65% |
| Sep 30, 2025 | 23.75% |
| Jun 30, 2025 | 16.45% |
| Mar 31, 2025 | 19.26% |
| Dec 31, 2024 | 24.55% |
| Sep 30, 2024 | 18.79% |
| Jun 30, 2024 | 16.54% |
| Mar 31, 2024 | 17.91% |
| Dec 31, 2023 | 18.72% |
| Sep 30, 2023 | 17.33% |
| Jun 30, 2023 | 15.61% |
| Mar 31, 2023 | 7.60% |
| Dec 31, 2022 | 23.12% |
| Sep 30, 2022 | 19.90% |
| Jun 30, 2022 | 17.76% |
| Mar 31, 2022 | 17.45% |
| Dec 31, 2021 | 24.48% |
| Sep 30, 2021 | 24.52% |
| Jun 30, 2021 | 21.57% |