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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |