Open Text (OTEX) Gross Margin (2009 - 2026)
Open Text's quarterly Gross Margin came in at 73.08% in Q1 2026, up 147.0% year-on-year from 29.59% in Q1 2025, and down 1.28% quarter-over-quarter from 74.03% in Q4 2025.
Open Text has reported Gross Margin for 18 years, with the latest figure at 73.08% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 147.0% year-over-year to 73.08%; the trailing twelve-month figure through Mar 2026 stood at 73.06% (up 75.0% YoY), and the FY2025 full-year result was 72.25%, down 39.0% from the prior year.
- Gross Margin for Q1 2026 stood at 73.08%, down from 74.03% 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 74.01%, with a median of 72.31% recorded in 2025.
- Year-over-year, Gross Margin surged 3873 bps in 2023 and sank 3645 bps in 2024.
- Tracing OTEX's Gross Margin over 5 years: 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 dropped by 1 bps to 73.08% in 2026.
- The last three Gross Margin figures came in at 73.08% (Q1 2026), 74.03% (Q4 2025), and 72.78% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 72.98% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 77.61% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 48.77% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 75.07% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 85.65% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 89.62% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 48.28% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 79.05% |
| 10 | Open Text | 5.82 Bn | 4.56 Bn | 937.27 Mn | 73.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 69.59% |
| Mar 31, 2021 | 68.63% |
| Dec 31, 2020 | 70.48% |
| Sep 30, 2020 | 69.04% |
| Jun 30, 2020 | 68.46% |
| Mar 31, 2020 | 65.36% |
| Dec 31, 2019 | 69.88% |
| Sep 30, 2019 | 67.21% |
| Jun 30, 2019 | 68.32% |
| Mar 31, 2019 | 66.68% |
| Dec 31, 2018 | 68.99% |
| Sep 30, 2018 | 66.08% |
| Jun 30, 2018 | 67.52% |
| Mar 31, 2018 | 64.64% |
| Dec 31, 2017 | 67.29% |
| Sep 30, 2017 | 65.15% |
| Jun 30, 2017 | 67.04% |
| Mar 31, 2017 | 64.51% |
| Dec 31, 2016 | 69.04% |
| Sep 30, 2016 | 66.57% |
| Jun 30, 2016 | 68.42% |
| Mar 31, 2016 | 67.90% |
| Dec 31, 2015 | 69.97% |
| Sep 30, 2015 | 67.77% |
| Jun 30, 2015 | 68.78% |
| Mar 31, 2015 | 65.96% |
| Dec 31, 2014 | 68.28% |
| Sep 30, 2014 | 67.62% |
| Jun 30, 2014 | 69.27% |
| Mar 31, 2014 | 67.35% |
| Dec 31, 2013 | 70.30% |
| Sep 30, 2013 | 67.20% |
| Jun 30, 2013 | 66.01% |
| Mar 31, 2013 | 63.85% |
| Dec 31, 2012 | 64.79% |
| Sep 30, 2012 | 62.66% |
| Jun 30, 2012 | 65.80% |
| Mar 31, 2012 | 63.61% |
| Dec 31, 2011 | 67.12% |
| Sep 30, 2011 | 64.79% |
| Jun 30, 2011 | 61,219.29% |
| Mar 31, 2011 | 66.54% |
| Dec 31, 2010 | 68.38% |
| Sep 30, 2010 | 66.24% |
| Jun 30, 2010 | 569.45% |
| Mar 31, 2010 | 66.69% |
| Dec 31, 2009 | 68.64% |
| Sep 30, 2009 | 66.17% |
| Jun 30, 2009 | 68.10% |
| Mar 31, 2009 | 66.82% |