Open Text (OTEX) Operating Margin (2009 - 2026)
Open Text's (OTEX) quarterly Operating Margin came in at 15.69% in Q1 2026, down 98.0% year-on-year from 784.45% in Q1 2025, and down 28.66% quarter-over-quarter from 21.99% in Q4 2025.
Open Text (OTEX) Operating Margin (2009 - 2026) Analysis & Trends
Open Text's Operating Margin history runs 18 years deep, the most recent figure standing at 15.69% for Q1 2026.
- On a quarterly basis, Operating Margin fell 98.0% year-over-year to 15.69% in Q1 2026; TTM through Mar 2026 was 18.14%, a 81.0% increase from a year earlier, with the FY2025 full-year figure at 17.27%, up 190.0% from the prior year.
- Operating Margin slipped to 15.69% in Q1 2026 per OTEX's latest filing, from 21.99% in the prior quarter.
- Across five years, Operating Margin topped out at 22.17% in Q4 2024 and bottomed at 5.14% in Q1 2023.
- The 5-year median for Operating Margin is 15.69% (2024), against an average of 16.14%.
- Across the five-year window, Operating Margin plunged 978 bps in 2023 and soared 1055 bps in 2024, its largest moves.
- Year by year, Operating Margin stood at 20.58% in 2022, then declined by 20 bps to 16.54% in 2023, then jumped by 34 bps to 22.17% in 2024, then declined by 1 bps to 21.99% in 2025, then slipped by 29 bps to 15.69% in 2026.
- Per Business Quant, the three latest OTEX Operating Margin figures stand at 15.69% (Q1 2026), 21.99% (Q4 2025), and 20.96% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 197.50 Bn | 177.26 Bn | 8.16 Bn | 28.69% |
| 2 | Full Truck Alliance | 191.16 Bn | 188.45 Bn | - | - |
| 3 | Shopify | 157.55 Bn | 151.81 Bn | 1.55 Bn | 12.05% |
| 4 | Salesforce | 146.67 Bn | 134.84 Bn | 8.56 Bn | 21.08% |
| 5 | Uber Technologies | 135.72 Bn | 134.51 Bn | 5.95 Bn | 14.56% |
| 6 | ServiceNow | 104.82 Bn | 100.15 Bn | 2.82 Bn | 4.06% |
| 7 | Automatic Data Processing | 101.57 Bn | 98.34 Bn | 2.87 Bn | -22.99% |
| 8 | Snowflake | 94.88 Bn | 91.92 Bn | 926.45 Mn | -23.45% |
| 9 | Adobe | 93.21 Bn | 87.58 Bn | 5.90 Bn | 33.82% |
| 10 | Open Text | 5.73 Bn | 4.47 Bn | 937.27 Mn | 15.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.69% |
| Dec 31, 2025 | 21.99% |
| Sep 30, 2025 | 20.96% |
| Jun 30, 2025 | 13.85% |
| Mar 31, 2025 | 16.67% |
| Dec 31, 2024 | 22.17% |
| Sep 30, 2024 | 16.25% |
| Jun 30, 2024 | 14.19% |
| Mar 31, 2024 | 15.69% |
| Dec 31, 2023 | 16.54% |
| Sep 30, 2023 | 14.94% |
| Jun 30, 2023 | 12.42% |
| Mar 31, 2023 | 5.14% |
| Dec 31, 2022 | 20.58% |
| Sep 30, 2022 | 17.18% |
| Jun 30, 2022 | 15.25% |
| Mar 31, 2022 | 14.92% |
| Dec 31, 2021 | 22.00% |
| Sep 30, 2021 | 21.95% |
| Jun 30, 2021 | 19.21% |