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

Open Text (OTEX) Tax Provisions (2009 - 2026)

Open Text (OTEX) posted Tax Provisions of $94.8 million for Q2 2026, up 176.53% on a QoQ basis from $34.3 million in Q1 2026, and up 638.23% year-over-year from $12.8 million in Q2 2025.

Analysis

Open Text (OTEX) Tax Provisions (2009 - 2026) Analysis & Trends

Open Text has reported Tax Provisions for 18 years, with the latest figure at $94.8 million in Q2 2026.

  • On a quarterly basis, Tax Provisions rose 638.23% year-over-year to $94.8 million in Q2 2026; TTM through Jun 2026 was $215.6 million, a 368.68% increase from a year earlier, with the FY2026 full-year figure at $215.6 million, up 368.68% from the prior year.
  • Tax Provisions was $94.8 million for Q2 2026 at Open Text, up from $34.3 million in the prior quarter.
  • The five-year high for Tax Provisions was $239.6 million in Q2 2024, with the low at -$17.6 million in Q2 2025.
  • Average Tax Provisions over 5 years is $35.1 million, with a median of $22.2 million recorded in 2022.
  • The sharpest annual moves came in 2023 and 2024: Tax Provisions slumped 130.26% in 2023, then surged 19867.16% in 2024.
  • Over 5 years, Tax Provisions stood at $50.8 million in 2022, then plunged by 84.14% to $8.1 million in 2023, then soared by 531.9% to $50.9 million in 2024, then slipped by 6.99% to $47.3 million in 2025, then jumped by 100.28% to $94.8 million in 2026.
  • The last three Tax Provisions figures came in at $94.8 million (Q2 2026), $34.3 million (Q1 2026), and $47.3 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Atlassian 49.32 Bn 48.08 Bn 1.53 Bn 57.85 Mn
2 Dropbox 7.65 Bn 6.54 Bn 506.50 Mn 21.90 Mn
3 Open Text 5.80 Bn 4.84 Bn 1.01 Bn 94.80 Mn
4 Box 4.83 Bn 4.38 Bn 253.97 Mn 12.64 Mn
5 Asana 2.03 Bn 1.81 Bn 186.10 Mn -800,000.00
6 Cheetah Mobile 99.06 Mn -64.30 Mn 24.15 Mn -1.11 Mn
7 Upland Software 10.97 Mn -20.70 Mn 37.47 Mn 841,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 94.80 Mn
Mar 31, 2026 34.28 Mn
Dec 31, 2025 47.33 Mn
Sep 30, 2025 39.20 Mn
Jun 30, 2025 -17.61 Mn
Mar 31, 2025 10.84 Mn
Dec 31, 2024 50.89 Mn
Sep 30, 2024 1.88 Mn
Jun 30, 2024 239.58 Mn
Mar 31, 2024 6.03 Mn
Dec 31, 2023 8.05 Mn
Sep 30, 2023 10.35 Mn
Jun 30, 2023 -1.21 Mn
Mar 31, 2023 -12.42 Mn
Dec 31, 2022 50.77 Mn
Sep 30, 2022 33.63 Mn
Jun 30, 2022 -5.01 Mn
Mar 31, 2022 41.04 Mn
Dec 31, 2021 39.27 Mn
Sep 30, 2021 43.45 Mn