Open Text (OTEX) Research & Development (2009 - 2026)

Open Text's Research & Development history runs 18 years deep, the most recent figure standing at $171.2 million for Q1 2026.

• In Q1 2026, Research & Development fell 13.26% year-over-year to $171.2 million; the TTM figure through Mar 2026 stood at $685.8 million (down 10.66% YoY), while the FY2025 annual figure was $755.9 million, down 12.55% from the prior year.
• Research & Development was $171.2 million for Q1 2026 at Open Text, up from $158.3 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $228.6 million in Q2 2023 to a low of -$21.4 million in Q3 2023.
• Historically, Research & Development has averaged $162.8 million across 5 years, with a median of $180.7 million in 2024.
• The sharpest annual moves came in 2023 and 2024: Research & Development slumped 119.42% in 2023, then jumped 991.09% in 2024.
• A 5-year view of Research & Development shows it stood at $109.7 million in 2022, then jumped by 94.03% to $212.9 million in 2023, then declined by 15.09% to $180.7 million in 2024, then slipped by 12.4% to $158.3 million in 2025, then increased 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.