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

Open Text (OTEX) recorded quarterly Tax Provisions of $34.3 million in Q1 2026, down 27.57% quarter-over-quarter from $47.3 million in Q4 2025, and up 216.2% on a YoY basis from $10.8 million in Q1 2025.

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

Open Text's Tax Provisions history runs 18 years deep, the most recent figure standing at $34.3 million for Q1 2026.

  • In Q1 2026, Tax Provisions rose 216.2% year-over-year to $34.3 million; the TTM figure through Mar 2026 stood at $103.2 million (down 65.96% YoY), while the FY2025 annual figure was $46.0 million, down 82.57% from the prior year.
  • Tax Provisions was $34.3 million for Q1 2026 at Open Text, down from $47.3 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $239.6 million in Q2 2024 to a low of -$17.6 million in Q2 2025.
  • Historically, Tax Provisions has averaged $31.6 million across 5 years, with a median of $10.8 million in 2025.
  • The sharpest annual moves came in 2023 and 2024: Tax Provisions tumbled 130.26% in 2023, then jumped 19867.16% in 2024.
  • A 5-year view of Tax Provisions shows it stood at $50.8 million in 2022, then sank by 84.14% to $8.1 million in 2023, then surged by 531.9% to $50.9 million in 2024, then decreased by 6.99% to $47.3 million in 2025, then decreased by 27.57% to $34.3 million in 2026.
  • The last three Tax Provisions figures came in at $34.3 million (Q1 2026), $47.3 million (Q4 2025), and $39.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -32.53 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 194.00 Mn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -53.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 614.00 Mn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 92.44 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 204.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 422.00 Mn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 526.00 Mn
10 Open Text 5.55 Bn 4.30 Bn 937.27 Mn 34.28 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 -2.22 Mn