Open Text (OTEX) Net Margin (2009 - 2026)
Open Text (OTEX) posted Net Margin of 11.54% for Q2 2026, down 14.3% on a QoQ basis from 13.47% in Q1 2026, and up 934.0% year-over-year from 1.12% in Q2 2025.
Analysis
Open Text (OTEX) Net Margin (2009 - 2026) Analysis & Trends
Open Text has reported Net Margin for 18 years, with the latest figure at 11.54% in Q2 2026.
- On a quarterly basis, Net Margin rose 934.0% year-over-year to 11.54% in Q2 2026; TTM through Jun 2026 was 12.26%, a 382.0% increase from a year earlier, with the FY2026 full-year figure at 12.26%, up 382.0% from the prior year.
- Net Margin was 11.54% for Q2 2026 at Open Text, down from 13.47% in the prior quarter.
- The five-year high for Net Margin was 28.81% in Q4 2022, with the low at 13.72% in Q3 2022.
- Average Net Margin over 5 years is 8.35%, with a median of 7.94% recorded in 2022.
- The sharpest annual moves came in 2022 and 2024: Net Margin slumped 2957 bps in 2022, then soared 2321 bps in 2024.
- Over 5 years, Net Margin stood at 28.81% in 2022, then plunged by 91 bps to 2.46% in 2023, then surged by 601 bps to 17.23% in 2024, then declined by 26 bps to 12.67% in 2025, then dropped by 9 bps to 11.54% in 2026.
- The last three Net Margin figures came in at 11.54% (Q2 2026), 13.47% (Q1 2026), and 12.67% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 49.32 Bn | 48.08 Bn | 1.53 Bn | 7.87% |
| 2 | Dropbox | 7.65 Bn | 6.54 Bn | 506.50 Mn | 15.17% |
| 3 | Open Text | 5.80 Bn | 4.84 Bn | 1.01 Bn | 11.54% |
| 4 | Box | 4.83 Bn | 4.38 Bn | 253.97 Mn | 4.09% |
| 5 | Asana | 2.03 Bn | 1.81 Bn | 186.10 Mn | -18.09% |
| 6 | Cheetah Mobile | 99.06 Mn | -64.30 Mn | 24.15 Mn | -18.23% |
| 7 | Upland Software | 10.97 Mn | -20.70 Mn | 37.47 Mn | -74.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.54% |
| Mar 31, 2026 | 13.47% |
| Dec 31, 2025 | 12.67% |
| Sep 30, 2025 | 11.39% |
| Jun 30, 2025 | 2.20% |
| Mar 31, 2025 | 7.40% |
| Dec 31, 2024 | 17.23% |
| Sep 30, 2024 | 6.65% |
| Jun 30, 2024 | 18.23% |
| Mar 31, 2024 | 6.79% |
| Dec 31, 2023 | 2.46% |
| Sep 30, 2023 | 5.68% |
| Jun 30, 2023 | -4.99% |
| Mar 31, 2023 | 4.63% |
| Dec 31, 2022 | 28.81% |
| Sep 30, 2022 | -13.72% |
| Jun 30, 2022 | 11.33% |
| Mar 31, 2022 | 8.47% |
| Dec 31, 2021 | 10.07% |
| Sep 30, 2021 | 15.86% |