Open Text (OTEX) Tax Rate (2009 - 2026)
Open Text (OTEX) posted Tax Rate of 37.84% for Q2 2026, up 128.53% on a QoQ basis from 16.56% in Q1 2026, and up 19411.0% year-over-year from N/an in Q2 2025.
Powered by 
Analysis
Open Text (OTEX) Tax Rate (2009 - 2026) Analysis & Trends
Open Text has reported Tax Rate for 18 years, with the latest figure at 37.84% in Q2 2026.
- On a quarterly basis, Tax Rate rose 19411.0% year-over-year to 37.84% in Q2 2026; TTM through Jun 2026 was 25.1%, a 1556.0% increase from a year earlier, with the FY2026 full-year figure at 25.1%, up 1556.0% from the prior year.
- Tax Rate was 37.84% for Q2 2026 at Open Text, up from 16.56% 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 2.06%, with a median of 13.88% recorded in 2023.
- The sharpest annual moves came in 2025 and 2026: Tax Rate plunged 20538 bps in 2025, then soared 19411 bps in 2026.
- Over 5 years, Tax Rate 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 jumped by 72 bps to 37.84% in 2026.
- The last three Tax Rate figures came in at 37.84% (Q2 2026), 16.56% (Q1 2026), and 21.97% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 49.32 Bn | 48.08 Bn | 1.53 Bn | 29.38% |
| 2 | Dropbox | 7.65 Bn | 6.54 Bn | 506.50 Mn | 18.61% |
| 3 | Open Text | 5.80 Bn | 4.84 Bn | 1.01 Bn | 37.84% |
| 4 | Box | 4.83 Bn | 4.38 Bn | 253.97 Mn | 39.66% |
| 5 | Asana | 2.03 Bn | 1.81 Bn | 186.10 Mn | 2.00% |
| 6 | Cheetah Mobile | 99.06 Mn | -64.30 Mn | 24.15 Mn | 177.65% |
| 7 | Upland Software | 10.97 Mn | -20.70 Mn | 37.47 Mn | -2.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.84% |
| Mar 31, 2026 | 16.56% |
| Dec 31, 2025 | 21.97% |
| Sep 30, 2025 | 21.09% |
| Jun 30, 2025 | -156.27% |
| Mar 31, 2025 | 10.46% |
| Dec 31, 2024 | 18.12% |
| Sep 30, 2024 | 2.18% |
| Jun 30, 2024 | 49.11% |
| Mar 31, 2024 | 5.78% |
| Dec 31, 2023 | 17.59% |
| Sep 30, 2023 | 11.34% |
| Jun 30, 2023 | 2.43% |
| Mar 31, 2023 | -27.48% |
| Dec 31, 2022 | 16.42% |
| Sep 30, 2022 | -40.39% |
| Jun 30, 2022 | -5.15% |
| Mar 31, 2022 | 35.45% |
| Dec 31, 2021 | 30.77% |
| Sep 30, 2021 | 24.77% |