Open Text (OTEX) Tax Rate (2009 - 2026)
Open Text (OTEX) recorded quarterly Tax Rate of 16.56% in Q1 2026, down 24.63% quarter-over-quarter from 21.97% in Q4 2025, and up 610.0% on a YoY basis from 2.33% in Q1 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 was 16.56% for Q1 2026 at Open Text, down from 21.97% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 49.11% in Q2 2024 to a low of 156.27% in Q2 2025.
- Historically, Tax Rate has averaged 0.05% across 5 years, with a median of 11.34% in 2023.
- The sharpest annual moves came in 2023 and 2025: Tax Rate surged 5172 bps in 2023, then sank 20538 bps in 2025.
- A 5-year view of Tax Rate shows it 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.
- 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -18.42% |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 39.11% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 8.36% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 22.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 21.59% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 30.31% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 23.68% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 23.50% |
| 10 | Open Text | 5.55 Bn | 4.30 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% |