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