Open Text (OTEX) Operating Income (2009 - 2026)
Open Text (OTEX) posted Operating Income of $319.7 million for Q2 2026, up 58.88% on a QoQ basis from $201.2 million in Q1 2026, and up 76.08% year-over-year from $181.6 million in Q2 2025.
Analysis
Open Text (OTEX) Operating Income (2009 - 2026) Analysis & Trends
Open Text has reported Operating Income for 18 years, with the latest figure at $319.7 million in Q2 2026.
- On a quarterly basis, Operating Income rose 76.08% year-over-year to $319.7 million in Q2 2026; TTM through Jun 2026 was $1.1 billion, a 21.27% increase from a year earlier, with the FY2026 full-year figure at $1.1 billion, up 21.27% from the prior year.
- Operating Income was $319.7 million for Q2 2026 at Open Text, up from $201.2 million in the prior quarter.
- The five-year high for Operating Income was $319.7 million in Q2 2026, with the low at $64.0 million in Q1 2023.
- Average Operating Income over 5 years is $202.7 million, with a median of $203.7 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Operating Income tumbled 51.38% in 2023, then jumped 254.85% in 2024.
- Over 5 years, Operating Income stood at $184.7 million in 2022, then surged by 37.48% to $253.9 million in 2023, then climbed by 16.52% to $295.8 million in 2024, then decreased by 1.37% to $291.8 million in 2025, then grew by 9.57% to $319.7 million in 2026.
- The last three Operating Income figures came in at $319.7 million (Q2 2026), $201.2 million (Q1 2026), and $291.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 49.32 Bn | 48.08 Bn | 1.53 Bn | 210.72 Mn |
| 2 | Dropbox | 7.65 Bn | 6.54 Bn | 506.50 Mn | 164.80 Mn |
| 3 | Open Text | 5.80 Bn | 4.84 Bn | 1.01 Bn | 319.68 Mn |
| 4 | Box | 4.83 Bn | 4.38 Bn | 253.97 Mn | 32.64 Mn |
| 5 | Asana | 2.03 Bn | 1.81 Bn | 186.10 Mn | -41.22 Mn |
| 6 | Cheetah Mobile | 99.06 Mn | -64.30 Mn | 24.15 Mn | -4.10 Mn |
| 7 | Upland Software | 10.97 Mn | -20.70 Mn | 37.47 Mn | -29.69 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 319.68 Mn |
| Mar 31, 2026 | 201.21 Mn |
| Dec 31, 2025 | 291.76 Mn |
| Sep 30, 2025 | 269.95 Mn |
| Jun 30, 2025 | 181.56 Mn |
| Mar 31, 2025 | 209.09 Mn |
| Dec 31, 2024 | 295.80 Mn |
| Sep 30, 2024 | 206.24 Mn |
| Jun 30, 2024 | 193.26 Mn |
| Mar 31, 2024 | 227.07 Mn |
| Dec 31, 2023 | 253.87 Mn |
| Sep 30, 2023 | 212.89 Mn |
| Jun 30, 2023 | 121.29 Mn |
| Mar 31, 2023 | 63.99 Mn |
| Dec 31, 2022 | 184.66 Mn |
| Sep 30, 2022 | 146.35 Mn |
| Jun 30, 2022 | 137.59 Mn |
| Mar 31, 2022 | 131.61 Mn |
| Dec 31, 2021 | 192.88 Mn |
| Sep 30, 2021 | 182.69 Mn |