Open Text (OTEX) Operating Expenses (2009 - 2026)
Open Text (OTEX) posted quarterly Operating Expenses of $736.1 million for Q1 2026, up 6.8% year-over-year from $689.2 million in Q1 2025, and up 6.61% quarter-over-quarter from $690.4 million in Q4 2025.
Open Text (OTEX) Operating Expenses (2009 - 2026) Analysis & Trends
Open Text's Operating Expenses history runs 18 years deep, the most recent figure standing at $736.1 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 6.8% year-over-year to $736.1 million; the TTM figure through Mar 2026 stood at $2.9 billion (changed 0.34% YoY), while the FY2025 annual figure was $2.8 billion, down 13.99% from the prior year.
- Operating Expenses for Q1 2026 stood at $736.1 million, up from $690.4 million in the prior quarter.
- The five-year high for Operating Expenses was $942.7 million in Q2 2023, with the low at $447.3 million in Q3 2022.
- The 5-year median for Operating Expenses is $704.1 million (2024), against an average of $697.9 million.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses surged 94.03% in 2023, then dropped 22.06% in 2024.
- Open Text's Operating Expenses stood at $451.1 million in 2022, then soared by 94.03% to $875.3 million in 2023, then decreased by 22.06% to $682.2 million in 2024, then climbed by 1.21% to $690.4 million in 2025, then advanced by 6.61% to $736.1 million in 2026.
- Business Quant data shows OTEX's Operating Expenses at $736.1 million in Q1 2026, $690.4 million in Q4 2025, and $667.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Open Text | 5.94 Bn | 4.99 Bn | 1.01 Bn | 691.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 691.79 Mn |
| Mar 31, 2026 | 736.06 Mn |
| Dec 31, 2025 | 690.45 Mn |
| Sep 30, 2025 | 667.57 Mn |
| Jun 30, 2025 | 766.14 Mn |
| Mar 31, 2025 | 689.16 Mn |
| Dec 31, 2024 | 682.18 Mn |
| Sep 30, 2024 | 704.12 Mn |
| Jun 30, 2024 | 794.46 Mn |
| Mar 31, 2024 | 828.71 Mn |
| Dec 31, 2023 | 875.25 Mn |
| Sep 30, 2023 | 805.53 Mn |
| Jun 30, 2023 | 942.73 Mn |
| Mar 31, 2023 | 810.96 Mn |
| Dec 31, 2022 | 451.08 Mn |
| Sep 30, 2022 | 447.34 Mn |
| Jun 30, 2022 | 496.20 Mn |
| Mar 31, 2022 | 476.44 Mn |
| Dec 31, 2021 | 422.73 Mn |
| Sep 30, 2021 | 391.50 Mn |