Open Text (OTEX) Gross Profit (2009 - 2026)
Open Text (OTEX) posted Gross Profit of $1.0 billion for Q2 2026, up 7.92% on a QoQ basis from $937.3 million in Q1 2026, and up 6.73% year-over-year from $947.7 million in Q2 2025.
Analysis
Open Text (OTEX) Gross Profit (2009 - 2026) Analysis & Trends
Open Text has reported Gross Profit for 18 years, with the latest figure at $1.0 billion in Q2 2026.
- On a quarterly basis, Gross Profit rose 6.73% year-over-year to $1.0 billion in Q2 2026; TTM through Jun 2026 was $3.9 billion, a 3.59% increase from a year earlier, with the FY2026 full-year figure at $3.9 billion, up 3.59% from the prior year.
- Gross Profit was $1.0 billion for Q2 2026 at Open Text, up from $937.3 million in the prior quarter.
- The five-year high for Gross Profit was $1.1 billion in Q4 2023, with the low at $593.7 million in Q3 2022.
- Average Gross Profit over 5 years is $900.2 million, with a median of $942.6 million recorded in 2025.
- The sharpest annual moves came in 2023 and 2025: Gross Profit jumped 77.61% in 2023, then retreated 14.92% in 2025.
- Over 5 years, Gross Profit stood at $635.7 million in 2022, then surged by 77.61% to $1.1 billion in 2023, then decreased by 13.39% to $978.0 million in 2024, then grew by 0.43% to $982.2 million in 2025, then rose by 2.98% to $1.0 billion in 2026.
- The last three Gross Profit figures came in at $1.0 billion (Q2 2026), $937.3 million (Q1 2026), and $982.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Atlassian | 49.32 Bn | 48.08 Bn | 1.53 Bn |
| 2 | Dropbox | 7.65 Bn | 6.54 Bn | 506.50 Mn |
| 3 | Open Text | 5.80 Bn | 4.84 Bn | 1.01 Bn |
| 4 | Box | 4.83 Bn | 4.38 Bn | 253.97 Mn |
| 5 | Asana | 2.03 Bn | 1.81 Bn | 186.10 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 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.01 Bn |
| Mar 31, 2026 | 937.27 Mn |
| Dec 31, 2025 | 982.20 Mn |
| Sep 30, 2025 | 937.52 Mn |
| Jun 30, 2025 | 947.70 Mn |
| Mar 31, 2025 | 898.25 Mn |
| Dec 31, 2024 | 977.98 Mn |
| Sep 30, 2024 | 910.36 Mn |
| Jun 30, 2024 | 987.72 Mn |
| Mar 31, 2024 | 1.06 Bn |
| Dec 31, 2023 | 1.13 Bn |
| Sep 30, 2023 | 1.02 Bn |
| Jun 30, 2023 | 1.06 Bn |
| Mar 31, 2023 | 874.94 Mn |
| Dec 31, 2022 | 635.75 Mn |
| Sep 30, 2022 | 593.69 Mn |
| Jun 30, 2022 | 633.79 Mn |
| Mar 31, 2022 | 608.05 Mn |
| Dec 31, 2021 | 615.62 Mn |
| Sep 30, 2021 | 574.19 Mn |