Open Text (OTEX) Tax Rate (2009 - 2026)
Open Text's 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 has reported Tax Rate for 18 years, with the latest figure at 16.56% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 610.0% year-over-year to 16.56%; the trailing twelve-month figure through Mar 2026 stood at 16.66% (down 1497.0% YoY), and the FY2025 full-year result 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.
- Average Tax Rate over 5 years is 0.05%, with a median of 11.34% recorded in 2023.
- Year-over-year, Tax Rate jumped 5172 bps in 2023 and sank 20538 bps in 2025.
- Tracing OTEX's Tax Rate over 5 years: stood at 16.42% in 2022, then grew by 7 bps to 17.59% in 2023, then grew by 3 bps to 18.12% in 2024, then increased by 21 bps to 21.97% in 2025, then retreated by 25 bps to 16.56% in 2026.
- The last three Tax Rate figures came in at 16.56% (Q1 2026), 21.97% (Q4 2025), and 21.09% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 25.31 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 39.11 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 8.36 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 30.31 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 21.59 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 22.01 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 23.68 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 24.29 |
| 10 | Open Text | 5.82 Bn | 4.56 Bn | 937.27 Mn | 16.56 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.56 |
| Mar 31, 2026 | 16.56 |
| Dec 31, 2025 | 21.97 |
| Dec 31, 2025 | 21.97 |
| Sep 30, 2025 | 21.09 |
| Sep 30, 2025 | 21.09 |
| Jun 30, 2025 | -156.27 |
| Jun 30, 2025 | -156.27 |
| Mar 31, 2025 | 10.46 |
| Mar 31, 2025 | 10.46 |
| Dec 31, 2024 | 18.12 |
| Dec 31, 2024 | 18.12 |
| Sep 30, 2024 | 2.18 |
| Sep 30, 2024 | 2.18 |
| Jun 30, 2024 | 49.11 |
| Jun 30, 2024 | 49.11 |
| Mar 31, 2024 | 5.78 |
| Mar 31, 2024 | 5.78 |
| Dec 31, 2023 | 17.59 |
| Dec 31, 2023 | 17.59 |
| Sep 30, 2023 | 11.34 |
| Sep 30, 2023 | 11.34 |
| Jun 30, 2023 | 2.43 |
| Jun 30, 2023 | 2.43 |
| Mar 31, 2023 | -27.48 |
| Mar 31, 2023 | -27.48 |
| Dec 31, 2022 | 16.42 |
| Dec 31, 2022 | 16.42 |
| Sep 30, 2022 | -40.39 |
| Sep 30, 2022 | -40.39 |
| Jun 30, 2022 | -5.15 |
| Jun 30, 2022 | -5.15 |
| Mar 31, 2022 | 35.45 |
| Mar 31, 2022 | 35.45 |
| Dec 31, 2021 | 30.77 |
| Dec 31, 2021 | 30.77 |
| Sep 30, 2021 | 24.77 |
| Sep 30, 2021 | 24.77 |
| Jun 30, 2021 | -1.24 |
| Jun 30, 2021 | -1.24 |
| Mar 31, 2021 | 25.80 |
| Mar 31, 2021 | 25.80 |
| Dec 31, 2020 | 132.39 |
| Dec 31, 2020 | 132.39 |
| Sep 30, 2020 | 29.25 |
| Sep 30, 2020 | 29.25 |
| Jun 30, 2020 | 54.80 |
| Jun 30, 2020 | 54.80 |
| Mar 31, 2020 | 25.48 |
| Mar 31, 2020 | 25.48 |
| Dec 31, 2019 | 30.34 |
| Dec 31, 2019 | 30.34 |
| Sep 30, 2019 | 23.68 |
| Sep 30, 2019 | 23.68 |
| Jun 30, 2019 | 43.88 |
| Jun 30, 2019 | 43.88 |
| Mar 31, 2019 | 30.89 |
| Mar 31, 2019 | 30.89 |
| Dec 31, 2018 | 25.75 |
| Dec 31, 2018 | 25.75 |
| Sep 30, 2018 | 45.08 |
| Sep 30, 2018 | 45.08 |
| Jun 30, 2018 | 41.10 |
| Jun 30, 2018 | 41.10 |
| Mar 31, 2018 | 25.50 |
| Mar 31, 2018 | 25.50 |
| Dec 31, 2017 | 38.49 |
| Dec 31, 2017 | 38.49 |
| Sep 30, 2017 | 42.72 |
| Sep 30, 2017 | 42.72 |
| Jun 30, 2017 | 45.74 |
| Jun 30, 2017 | 45.74 |
| Mar 31, 2017 | 37.88 |
| Mar 31, 2017 | 37.88 |
| Dec 31, 2016 | 40.63 |
| Dec 31, 2016 | 40.63 |
| Sep 30, 2016 | -1,606.82 |
| Sep 30, 2016 | -1,606.82 |
| Jun 30, 2016 | -19.93 |
| Jun 30, 2016 | -19.93 |
| Mar 31, 2016 | 7.19 |
| Mar 31, 2016 | 7.19 |
| Dec 31, 2015 | 4.44 |
| Dec 31, 2015 | 4.44 |
| Sep 30, 2015 | 21.33 |
| Sep 30, 2015 | 21.33 |
| Jun 30, 2015 | -5.79 |
| Jun 30, 2015 | -5.79 |
| Mar 31, 2015 | -1.18 |
| Mar 31, 2015 | -1.18 |
| Dec 31, 2014 | 19.73 |
| Dec 31, 2014 | 19.73 |
| Sep 30, 2014 | 21.21 |
| Sep 30, 2014 | 21.21 |
| Jun 30, 2014 | 10.08 |
| Jun 30, 2014 | 10.08 |
| Mar 31, 2014 | 22.07 |
| Mar 31, 2014 | 22.07 |
| Dec 31, 2013 | 23.74 |
| Dec 31, 2013 | 23.74 |
| Sep 30, 2013 | 38.23 |
| Sep 30, 2013 | 38.23 |
| Jun 30, 2013 | -2.10 |
| Jun 30, 2013 | -2.10 |
| Mar 31, 2013 | 30.24 |
| Mar 31, 2013 | 30.24 |
| Dec 31, 2012 | 4.91 |
| Dec 31, 2012 | 4.91 |
| Sep 30, 2012 | 45.50 |
| Sep 30, 2012 | 45.50 |
| Jun 30, 2012 | 308.68 |
| Jun 30, 2012 | 308.68 |
| Mar 31, 2012 | -67.68 |
| Mar 31, 2012 | -67.68 |
| Dec 31, 2011 | 12.57 |
| Dec 31, 2011 | 12.57 |
| Sep 30, 2011 | -3.94 |
| Sep 30, 2011 | -3.94 |
| Jun 30, 2011 | 3.56 |
| Jun 30, 2011 | 3.56 |
| Mar 31, 2011 | -20.09 |
| Mar 31, 2011 | -20.09 |
| Dec 31, 2010 | 15.90 |
| Dec 31, 2010 | 15.90 |
| Sep 30, 2010 | 29.01 |
| Sep 30, 2010 | 29.01 |
| Jun 30, 2010 | 721.47 |
| Jun 30, 2010 | 721.47 |
| Mar 31, 2010 | 28.13 |
| Mar 31, 2010 | 28.13 |
| Dec 31, 2009 | 32.75 |
| Dec 31, 2009 | 32.75 |
| Sep 30, 2009 | 66.64 |
| Sep 30, 2009 | 66.64 |
| Jun 30, 2009 | 66.44 |
| Jun 30, 2009 | 66.44 |
| Mar 31, 2009 | 26.99 |
| Mar 31, 2009 | 26.99 |