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

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

Open Text (OTEX) posted Research & Development of $308.4 million for Q2 2026, up 9.1% on a QoQ basis from $282.6 million in Q1 2026, and up 10.29% year-over-year from $279.6 million in Q2 2025.

Analysis

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

Open Text has reported Research & Development for 18 years, with the latest figure at $308.4 million in Q2 2026.

  • On a quarterly basis, Research & Development rose 10.29% year-over-year to $308.4 million in Q2 2026; TTM through Jun 2026 was $1.1 billion, a 7.22% increase from a year earlier, with the FY2026 full-year figure at $1.1 billion, up 7.22% from the prior year.
  • Research & Development was $308.4 million for Q2 2026 at Open Text, up from $282.6 million in the prior quarter.
  • The five-year high for Research & Development was $354.6 million in Q2 2023, with the low at $167.2 million in Q3 2022.
  • Average Research & Development over 5 years is $260.9 million, with a median of $276.8 million recorded in 2024.
  • The sharpest annual moves came in 2023 and 2024: Research & Development jumped 90.67% in 2023, then declined 17.73% in 2024.
  • Over 5 years, Research & Development stood at $177.2 million in 2022, then soared by 62.34% to $287.6 million in 2023, then slipped by 4.76% to $273.9 million in 2024, then rose by 5.13% to $288.0 million in 2025, then rose by 7.07% to $308.4 million in 2026.
  • The last three Research & Development figures came in at $308.4 million (Q2 2026), $282.6 million (Q1 2026), and $288.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Atlassian 49.32 Bn 48.08 Bn 1.53 Bn 759.82 Mn
2 Dropbox 7.65 Bn 6.54 Bn 506.50 Mn 188.10 Mn
3 Open Text 5.80 Bn 4.84 Bn 1.01 Bn 308.36 Mn
4 Box 4.83 Bn 4.38 Bn 253.97 Mn 106.72 Mn
5 Asana 2.03 Bn 1.81 Bn 186.10 Mn 104.38 Mn
6 Cheetah Mobile 99.06 Mn -64.30 Mn 24.15 Mn -8.37 Mn
7 Upland Software 10.97 Mn -20.70 Mn 37.47 Mn 9.51 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 308.36 Mn
Mar 31, 2026 282.62 Mn
Dec 31, 2025 288.00 Mn
Sep 30, 2025 257.06 Mn
Jun 30, 2025 279.58 Mn
Mar 31, 2025 260.10 Mn
Dec 31, 2024 273.93 Mn
Sep 30, 2024 245.88 Mn
Jun 30, 2024 291.75 Mn
Mar 31, 2024 303.75 Mn
Dec 31, 2023 287.63 Mn
Sep 30, 2023 280.01 Mn
Jun 30, 2023 354.62 Mn
Mar 31, 2023 271.01 Mn
Dec 31, 2022 177.17 Mn
Sep 30, 2022 167.17 Mn
Jun 30, 2022 185.99 Mn
Mar 31, 2022 180.96 Mn
Dec 31, 2021 163.94 Mn
Sep 30, 2021 146.24 Mn