Open Text (OTEX) Operating Expenses (2009 - 2026)

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 was $736.1 million for Q1 2026 at Open Text, up from $690.4 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $942.7 million in Q2 2023 to a low of $447.3 million in Q3 2022.
• Historically, Operating Expenses has averaged $697.9 million across 5 years, with a median of $704.1 million in 2024.
• The sharpest annual moves came in 2023 and 2024: Operating Expenses soared 94.03% in 2023, then declined 22.06% in 2024.
• A 5-year view of Operating Expenses shows it stood at $451.1 million in 2022, then jumped by 94.03% to $875.3 million in 2023, then slipped by 22.06% to $682.2 million in 2024, then grew by 1.21% to $690.4 million in 2025, then climbed by 6.61% to $736.1 million in 2026.
• The last three Operating Expenses figures came in at $736.1 million (Q1 2026), $690.4 million (Q4 2025), and $667.6 million (Q3 2025), per Business Quant data.