Open Text (OTEX) Operating Expenses (2009 - 2026)
Open Text's quarterly Operating Expenses came in at $736.1 million in Q1 2026, up 6.8% year-on-year from $689.2 million in Q1 2025, and up 6.61% quarter-over-quarter from $690.4 million in Q4 2025.
Open Text has reported Operating Expenses for 18 years, with the latest figure at $736.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 6.8% year-over-year to $736.1 million; the trailing twelve-month figure through Mar 2026 stood at $2.9 billion (changed 0.34% YoY), and the FY2025 full-year result 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.
- Average Operating Expenses over 5 years is $697.9 million, with a median of $704.1 million recorded in 2024.
- Year-over-year, Operating Expenses surged 94.03% in 2023 and retreated 22.06% in 2024.
- Tracing OTEX's Operating Expenses over 5 years: stood at $451.1 million in 2022, then surged by 94.03% to $875.3 million in 2023, then dropped by 22.06% to $682.2 million in 2024, then increased by 1.21% to $690.4 million in 2025, then grew 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 6.82 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.16 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 2.33 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 1.04 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 3.32 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 4.54 Bn |
| 10 | Open Text | 5.82 Bn | 4.56 Bn | 937.27 Mn | 736.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 450.13 Mn |
| Mar 31, 2021 | 419.27 Mn |
| Dec 31, 2020 | 368.61 Mn |
| Sep 30, 2020 | 372.73 Mn |
| Jun 30, 2020 | 474.72 Mn |
| Mar 31, 2020 | 437.42 Mn |
| Dec 31, 2019 | 354.43 Mn |
| Sep 30, 2019 | 335.87 Mn |
| Jun 30, 2019 | 352.51 Mn |
| Mar 31, 2019 | 343.64 Mn |
| Dec 31, 2018 | 333.28 Mn |
| Sep 30, 2018 | 341.62 Mn |
| Jun 30, 2018 | 359.91 Mn |
| Mar 31, 2018 | 340.57 Mn |
| Dec 31, 2017 | 327.28 Mn |
| Sep 30, 2017 | 329.79 Mn |
| Jun 30, 2017 | 336.65 Mn |
| Mar 31, 2017 | 317.38 Mn |
| Dec 31, 2016 | 267.52 Mn |
| Sep 30, 2016 | 253.25 Mn |
| Jun 30, 2016 | 237.55 Mn |
| Mar 31, 2016 | 210.54 Mn |
| Dec 31, 2015 | 215.56 Mn |
| Sep 30, 2015 | 218.01 Mn |
| Jun 30, 2015 | 249.49 Mn |
| Mar 31, 2015 | 242.60 Mn |
| Dec 31, 2014 | 208.89 Mn |
| Sep 30, 2014 | 203.82 Mn |
| Jun 30, 2014 | 234.49 Mn |
| Mar 31, 2014 | 231.34 Mn |
| Dec 31, 2013 | 181.62 Mn |
| Sep 30, 2013 | 165.98 Mn |
| Jun 30, 2013 | 179.76 Mn |
| Mar 31, 2013 | 174.75 Mn |
| Dec 31, 2012 | 160.96 Mn |
| Sep 30, 2012 | 164.30 Mn |
| Jun 30, 2012 | 161.42 Mn |
| Mar 31, 2012 | 158.65 Mn |
| Dec 31, 2011 | 160.53 Mn |
| Sep 30, 2011 | 159.50 Mn |
| Jun 30, 2011 | 153.30 Mn |
| Mar 31, 2011 | 146.24 Mn |
| Dec 31, 2010 | 130.32 Mn |
| Sep 30, 2010 | 111.82 Mn |
| Jun 30, 2010 | 121.50 Mn |
| Mar 31, 2010 | 115.47 Mn |
| Dec 31, 2009 | 134.17 Mn |
| Sep 30, 2009 | 135.11 Mn |
| Jun 30, 2009 | 104.09 Mn |
| Mar 31, 2009 | 107.37 Mn |