Open Text (OTEX) Tax Rate (2009 - 2026)
Open Text (OTEX) posted quarterly Tax Rate of 16.56% for Q1 2026, up 610.0% year-over-year from 2.33% in Q1 2025, and down 24.63% quarter-over-quarter from 21.97% in Q4 2025.
Open Text (OTEX) Tax Rate (2009 - 2026) Analysis & Trends
Open Text's Tax Rate history runs 18 years deep, the most recent figure standing at 16.56% for Q1 2026.
- In Q1 2026, Tax Rate rose 610.0% year-over-year to 16.56%; the TTM figure through Mar 2026 stood at 16.66% (down 1497.0% YoY), while the FY2025 annual figure was 9.54%, down 2666.0% from the prior year.
- Tax Rate for Q1 2026 stood at 16.56%, down from 21.97% in the prior quarter.
- The five-year high for Tax Rate was 49.11% in Q2 2024, with the low at 156.27% in Q2 2025.
- The 5-year median for Tax Rate is 11.34% (2023), against an average of 0.05%.
- The sharpest annual moves came in 2023 and 2025: Tax Rate jumped 5172 bps in 2023, then plunged 20538 bps in 2025.
- Open Text's Tax Rate stood at 16.42% in 2022, then advanced by 7 bps to 17.59% in 2023, then advanced by 3 bps to 18.12% in 2024, then climbed by 21 bps to 21.97% in 2025, then declined by 25 bps to 16.56% in 2026.
- Business Quant data shows OTEX's Tax Rate at 16.56% in Q1 2026, 21.97% in Q4 2025, and 21.09% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -27.76% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 15.38% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 22.57% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 25.63% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 31.96% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 0.37% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 22.20% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 23.50% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 24.29% |
| 10 | Open Text | 5.94 Bn | 4.99 Bn | 1.01 Bn | 37.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 37.84% |
| Jun 30, 2026 | 37.84% |
| Jun 30, 2026 | 37.84% |
| Mar 31, 2026 | 16.56% |
| Mar 31, 2026 | 16.56% |
| Mar 31, 2026 | 16.56% |
| Dec 31, 2025 | 21.97% |
| Dec 31, 2025 | 21.97% |
| Dec 31, 2025 | 21.97% |
| Sep 30, 2025 | 21.09% |
| Sep 30, 2025 | 21.09% |
| Sep 30, 2025 | 21.09% |
| Jun 30, 2025 | -156.27% |
| Jun 30, 2025 | -156.27% |
| Jun 30, 2025 | -156.27% |
| Mar 31, 2025 | 10.46% |
| Mar 31, 2025 | 10.46% |
| Mar 31, 2025 | 10.46% |
| Dec 31, 2024 | 18.12% |
| Dec 31, 2024 | 18.12% |