Open Text OTEX
NASDAQ OTEX
$23.95 -0.90 (-3.62%)
At close: Sep 4, 2026 · 4:00 PM EDT

Open Text (OTEX) Gross Margin (2009 - 2026)

Open Text (OTEX) posted Gross Margin of 74.98% for Q2 2026, up 2.59% on a QoQ basis from 73.08% in Q1 2026, and up 266.0% year-over-year from 20.49% in Q2 2025.

Analysis

Open Text (OTEX) Gross Margin (2009 - 2026) Analysis & Trends

Open Text has reported Gross Margin for 18 years, with the latest figure at 74.98% in Q2 2026.

  • On a quarterly basis, Gross Margin rose 266.0% year-over-year to 74.98% in Q2 2026; TTM through Jun 2026 was 73.74%, a 148.0% increase from a year earlier, with the FY2026 full-year figure at 73.74%, up 148.0% from the prior year.
  • Gross Margin was 74.98% for Q2 2026 at Open Text, up from 73.08% in the prior quarter.
  • The five-year high for Gross Margin was 108.96% in Q2 2023, with the low at 68.92% in Q1 2022.
  • Average Gross Margin over 5 years is 74.07%, with a median of 72.41% recorded in 2025.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin jumped 3873 bps in 2023, then plunged 3645 bps in 2024.
  • Over 5 years, Gross Margin stood at 70.84% in 2022, then advanced by 4 bps to 73.56% in 2023, then retreated by 0 bps to 73.28% in 2024, then increased by 1 bps to 74.03% in 2025, then advanced by 1 bps to 74.98% in 2026.
  • The last three Gross Margin figures came in at 74.98% (Q2 2026), 73.08% (Q1 2026), and 74.03% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Atlassian 49.32 Bn 48.08 Bn 1.53 Bn 86.50%
2 Dropbox 7.65 Bn 6.54 Bn 506.50 Mn 80.21%
3 Open Text 5.80 Bn 4.84 Bn 1.01 Bn 74.98%
4 Box 4.83 Bn 4.38 Bn 253.97 Mn 79.08%
5 Asana 2.03 Bn 1.81 Bn 186.10 Mn 85.99%
6 Cheetah Mobile 99.06 Mn -64.30 Mn 24.15 Mn 64.31%
7 Upland Software 10.97 Mn -20.70 Mn 37.47 Mn 76.25%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 74.98%
Mar 31, 2026 73.08%
Dec 31, 2025 74.03%
Sep 30, 2025 72.78%
Jun 30, 2025 72.31%
Mar 31, 2025 71.61%
Dec 31, 2024 73.28%
Sep 30, 2024 71.74%
Jun 30, 2024 72.51%
Mar 31, 2024 72.96%
Dec 31, 2023 73.56%
Sep 30, 2023 71.45%
Jun 30, 2023 108.96%
Mar 31, 2023 70.30%
Dec 31, 2022 70.84%
Sep 30, 2022 69.68%
Jun 30, 2022 70.23%
Mar 31, 2022 68.92%
Dec 31, 2021 70.21%
Sep 30, 2021 68.99%