Open Text (OTEX) Research & Development (2009 - 2026)
Open Text's quarterly Research & Development came in at $171.2 million in Q1 2026, down 13.26% year-on-year from $197.3 million in Q1 2025, and up 8.12% quarter-over-quarter from $158.3 million in Q4 2025.
Open Text has reported Research & Development for 18 years, with the latest figure at $171.2 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 13.26% year-over-year to $171.2 million; the trailing twelve-month figure through Mar 2026 stood at $685.8 million (down 10.66% YoY), and the FY2025 full-year result was $755.9 million, down 12.55% from the prior year.
- Research & Development for Q1 2026 stood at $171.2 million, up from $158.3 million in the prior quarter.
- The five-year high for Research & Development was $228.6 million in Q2 2023, with the low at -$21.4 million in Q3 2023.
- Average Research & Development over 5 years is $162.8 million, with a median of $180.7 million recorded in 2024.
- Year-over-year, Research & Development slumped 119.42% in 2023 and soared 991.09% in 2024.
- Tracing OTEX's Research & Development over 5 years: stood at $109.7 million in 2022, then surged by 94.03% to $212.9 million in 2023, then fell by 15.09% to $180.7 million in 2024, then dropped by 12.4% to $158.3 million in 2025, then rose by 8.12% to $171.2 million in 2026.
- The last three Research & Development figures came in at $171.2 million (Q1 2026), $158.3 million (Q4 2025), and $169.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 1.62 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 437.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 823.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 508.44 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 1.11 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 840.00 Mn |
| 10 | Open Text | 5.82 Bn | 4.56 Bn | 937.27 Mn | 171.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 171.17 Mn |
| Dec 31, 2025 | 158.31 Mn |
| Sep 30, 2025 | 169.13 Mn |
| Jun 30, 2025 | 187.18 Mn |
| Mar 31, 2025 | 197.33 Mn |
| Dec 31, 2024 | 180.73 Mn |
| Sep 30, 2024 | 190.69 Mn |
| Jun 30, 2024 | 198.86 Mn |
| Mar 31, 2024 | 226.52 Mn |
| Dec 31, 2023 | 212.86 Mn |
| Sep 30, 2023 | -21.40 Mn |
| Jun 30, 2023 | 228.59 Mn |
| Mar 31, 2023 | 210.73 Mn |
| Dec 31, 2022 | 109.70 Mn |
| Sep 30, 2022 | 110.20 Mn |
| Jun 30, 2022 | 118.93 Mn |
| Mar 31, 2022 | 117.73 Mn |
| Dec 31, 2021 | 103.62 Mn |
| Sep 30, 2021 | 100.17 Mn |
| Jun 30, 2021 | 117.24 Mn |
| Mar 31, 2021 | 110.07 Mn |
| Dec 31, 2020 | 100.24 Mn |
| Sep 30, 2020 | 93.90 Mn |
| Jun 30, 2020 | 100.77 Mn |
| Mar 31, 2020 | 108.18 Mn |
| Dec 31, 2019 | 80.28 Mn |
| Sep 30, 2019 | 81.18 Mn |
| Jun 30, 2019 | 83.71 Mn |
| Mar 31, 2019 | 84.91 Mn |
| Dec 31, 2018 | 75.75 Mn |
| Sep 30, 2018 | 77.47 Mn |
| Jun 30, 2018 | 81.82 Mn |
| Mar 31, 2018 | 83.40 Mn |
| Dec 31, 2017 | 80.12 Mn |
| Sep 30, 2017 | 77.57 Mn |
| Jun 30, 2017 | 80.84 Mn |
| Mar 31, 2017 | 77.09 Mn |
| Dec 31, 2016 | 64.72 Mn |
| Sep 30, 2016 | 58.57 Mn |
| Jun 30, 2016 | 53.75 Mn |
| Mar 31, 2016 | 48.16 Mn |
| Dec 31, 2015 | 45.71 Mn |
| Sep 30, 2015 | 46.44 Mn |
| Jun 30, 2015 | 52.36 Mn |
| Mar 31, 2015 | 53.22 Mn |
| Dec 31, 2014 | 46.17 Mn |
| Sep 30, 2014 | 44.74 Mn |
| Jun 30, 2014 | 47.50 Mn |
| Mar 31, 2014 | 47.20 Mn |
| Dec 31, 2013 | 41.92 Mn |
| Sep 30, 2013 | 40.22 Mn |
| Jun 30, 2013 | 42.38 Mn |
| Mar 31, 2013 | 43.00 Mn |
| Dec 31, 2012 | 38.72 Mn |
| Sep 30, 2012 | 39.91 Mn |
| Jun 30, 2012 | 41.20 Mn |
| Mar 31, 2012 | 41.74 Mn |
| Dec 31, 2011 | 42.65 Mn |
| Sep 30, 2011 | 43.46 Mn |
| Jun 30, 2011 | 39.44 Mn |
| Mar 31, 2011 | 41.32 Mn |
| Dec 31, 2010 | 34.27 Mn |
| Sep 30, 2010 | 30.96 Mn |
| Jun 30, 2010 | 31.84 Mn |
| Mar 31, 2010 | 31.65 Mn |
| Dec 31, 2009 | 34.35 Mn |
| Sep 30, 2009 | 31.54 Mn |
| Jun 30, 2009 | 28.83 Mn |
| Mar 31, 2009 | 28.81 Mn |