Open Text OTEX
NASDAQ OTEX
$23.95 -0.90 (-3.62%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Open Text (OTEX) posted Operating Expenses of $691.8 million for Q2 2026, down 6.01% on a QoQ basis from $736.1 million in Q1 2026, and down 9.7% year-over-year from $766.1 million in Q2 2025.

Analysis

Open Text (OTEX) Operating Expenses (2009 - 2026) Analysis & Trends

Open Text has reported Operating Expenses for 18 years, with the latest figure at $691.8 million in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 9.7% year-over-year to $691.8 million in Q2 2026; TTM through Jun 2026 was $2.8 billion, a 1.96% decrease from a year earlier, with the FY2026 full-year figure at $2.8 billion, down 1.96% from the prior year.
  • Operating Expenses was $691.8 million for Q2 2026 at Open Text, down from $736.1 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 $697.6 million, with a median of $698.0 million recorded in 2024.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses jumped 94.03% in 2023, then fell 22.06% in 2024.
  • Over 5 years, Operating Expenses 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 climbed by 0.2% to $691.8 million in 2026.
  • The last three Operating Expenses figures came in at $691.8 million (Q2 2026), $736.1 million (Q1 2026), and $690.4 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Atlassian 49.32 Bn 48.08 Bn 1.53 Bn 1.32 Bn
2 Dropbox 7.65 Bn 6.54 Bn 506.50 Mn 341.70 Mn
3 Open Text 5.80 Bn 4.84 Bn 1.01 Bn 691.79 Mn
4 Box 4.83 Bn 4.38 Bn 253.97 Mn 221.33 Mn
5 Asana 2.03 Bn 1.81 Bn 186.10 Mn 227.32 Mn
6 Cheetah Mobile 99.06 Mn -64.30 Mn 24.15 Mn -28.25 Mn
7 Upland Software 10.97 Mn -20.70 Mn 37.47 Mn 67.17 Mn
Historic Data

Historic Data

Download Data
DateValue
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