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

Open Text's (OTEX) quarterly Tax Rate came in at 16.56% in Q1 2026, up 610.0% year-on-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.

  • On a quarterly basis, Tax Rate rose 610.0% year-over-year to 16.56% in Q1 2026; TTM through Mar 2026 was 16.66%, a 1497.0% decrease from a year earlier, with the FY2025 full-year figure at 9.54%, down 2666.0% from the prior year.
  • Tax Rate slipped to 16.56% in Q1 2026 per OTEX's latest filing, from 21.97% in the prior quarter.
  • Across five years, Tax Rate topped out at 49.11% in Q2 2024 and bottomed at 156.27% in Q2 2025.
  • The 5-year median for Tax Rate is 11.34% (2023), against an average of 0.05%.
  • Across the five-year window, Tax Rate jumped 5172 bps in 2023 and sank 20538 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 16.42% in 2022, then climbed by 7 bps to 17.59% in 2023, then climbed by 3 bps to 18.12% in 2024, then grew by 21 bps to 21.97% in 2025, then fell by 25 bps to 16.56% in 2026.
  • Per Business Quant, the three latest OTEX Tax Rate figures stand at 16.56% (Q1 2026), 21.97% (Q4 2025), and 21.09% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -29.13%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -18.42%
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 8.36%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 39.11%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 22.57%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 31.96%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 23.68%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 0.37%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 21.59%
10 Open Text 5.21 Bn 3.96 Bn 937.27 Mn 16.56%

Historic Data

Download Data
DateValue
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%
Dec 31, 2024 18.12%
Sep 30, 2024 2.18%
Sep 30, 2024 2.18%