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| Date | Value |
|---|---|
| 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 |