Open Text (OTEX) Tax Provisions (2009 - 2026)
Open Text (OTEX) posted quarterly Tax Provisions of $34.3 million for Q1 2026, up 216.2% year-over-year from $10.8 million in Q1 2025, and down 27.57% quarter-over-quarter from $47.3 million in Q4 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 for Q1 2026 stood at $34.3 million, down from $47.3 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.
- The 5-year median for Tax Provisions is $10.8 million (2025), against an average of $31.6 million.
- The sharpest annual moves came in 2023 and 2024: Tax Provisions slumped 130.26% in 2023, then soared 19867.16% in 2024.
- Open Text's Tax Provisions stood at $50.8 million in 2022, then plunged by 84.14% to $8.1 million in 2023, then jumped by 531.9% to $50.9 million in 2024, then retreated by 6.99% to $47.3 million in 2025, then retreated by 27.57% to $34.3 million in 2026.
- Business Quant data shows OTEX's Tax Provisions at $34.3 million in Q1 2026, $47.3 million in Q4 2025, and $39.2 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -1.86 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 273.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 614.00 Mn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 840.00 Mn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 140.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -1.09 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 279.20 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 526.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 983.00 Mn |
| 10 | Open Text | 5.94 Bn | 4.99 Bn | 1.01 Bn | 94.80 Mn |
Historic Data
Download 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 |