Open Text Corporation (OTEX) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 1.26B | 1.33B | 1.29B | 1.31B | 1.25B | 1.33B | 1.27B | 1.36B | 1.44B | 1.58B | 1.41B | 1.51B | 1.24B | 898.8M | 804.17M | 894.77M | 893.12M | 873.85M | 826.64M | 885.95M |
| Revenue Growth % | 0.83% | -0.58% | 1.51% | -3.77% | -12.93% | -15.39% | -9.83% | -9.84% | 15.74% | 75.49% | 75% | 68.82% | 39.37% | 2.86% | -2.72% | 1% | 6.43% | -0.15% | 3.06% | 5.36% |
| Cost of Goods Sold | 438.79M | 344.54M | 350.62M | 362.84M | 356.11M | 356.52M | 358.65M | 503.76M | 521.96M | 568.37M | 554.17M | 586.9M | 497.58M | 338.51M | 317.08M | 344.75M | 357.15M | 334.49M | 329.14M | 342.27M |
| COGS % of Revenue | 34.69% | 25.97% | 27.22% | 27.69% | 28.39% | 26.72% | 28.26% | 36.99% | 36.23% | 36.03% | 39.38% | 38.85% | 39.97% | 37.66% | 39.43% | 38.53% | 39.99% | 38.28% | 39.82% | 38.63% |
| Gross Profit | 825.95M | 982.2M | 937.52M | 947.7M | 898.25M | 977.98M | 910.36M | 858.11M | 918.7M | 1.01B | 853.16M | 923.61M | 747.19M | 560.29M | 487.08M | 550.02M | 535.96M | 539.35M | 497.5M | 543.67M |
| Gross Margin % | 65.31% | 74.03% | 72.78% | 72.31% | 71.61% | 73.28% | 71.74% | 63.01% | 63.77% | 63.97% | 60.62% | 61.15% | 60.03% | 62.34% | 60.57% | 61.47% | 60.01% | 61.72% | 60.18% | 61.37% |
| Gross Profit Growth % | -8.05% | 0.43% | 2.98% | 10.44% | -2.23% | -3.07% | 6.7% | -7.09% | 22.95% | 80.07% | 75.16% | 67.92% | 39.41% | 3.88% | -2.1% | 1.17% | 7.35% | -0.1% | 4.31% | 10.6% |
| Operating Expenses | 554.32M | 690.45M | 667.57M | 686.48M | 685.31M | 666.94M | 704.12M | 616.42M | 673.02M | 691.91M | 629.35M | 729.12M | 607.89M | 363.52M | 334.72M | 386.93M | 391.27M | 337.79M | 316.11M | 379.17M |
| OpEx % of Revenue | 43.83% | 52.04% | 51.82% | 52.38% | 54.63% | 49.98% | 55.49% | 45.26% | 46.72% | 43.87% | 44.72% | 48.27% | 48.84% | 40.45% | 41.62% | 43.24% | 43.81% | 38.66% | 38.24% | 42.8% |
| Selling, General & Admin | 385.53M | 398.11M | 362.82M | 385.59M | 375.82M | 373.29M | 352.61M | 411.21M | 440.04M | 465.6M | 397.89M | 475.86M | 397.14M | 253.66M | 230.71M | 269.01M | 272.1M | 234.52M | 216.62M | 262.93M |
| SG&A % of Revenue | 30.48% | 30.01% | 28.17% | 29.42% | 29.96% | 27.97% | 27.79% | 30.19% | 30.54% | 29.52% | 28.27% | 31.5% | 31.9% | 28.22% | 28.69% | 30.06% | 30.47% | 26.84% | 26.21% | 29.68% |
| Research & Development | 168.8M | 158.31M | 167.25M | 187.18M | 197.33M | 180.73M | 190.69M | 205.21M | 232.98M | 226.31M | 231.46M | 253.26M | 210.75M | 109.87M | 104.01M | 117.92M | 119.18M | 103.27M | 99.48M | 116.24M |
| R&D % of Revenue | 13.35% | 11.93% | 12.98% | 14.28% | 15.73% | 13.54% | 15.03% | 15.07% | 16.17% | 14.35% | 16.45% | 16.77% | 16.93% | 12.22% | 12.93% | 13.18% | 13.34% | 11.82% | 12.03% | 13.12% |
| Other Operating Expenses | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 271.63M | 291.75M | 269.95M | 261.22M | 212.94M | 311.04M | 206.24M | 241.69M | 245.69M | 317M | 223.81M | 194.5M | 139.3M | 196.76M | 152.36M | 163.09M | 144.69M | 201.56M | 181.4M | 164.5M |
| Operating Margin % | 21.48% | 21.99% | 20.96% | 19.93% | 16.98% | 23.31% | 16.25% | 17.75% | 17.05% | 20.1% | 15.9% | 12.88% | 11.19% | 21.89% | 18.95% | 18.23% | 16.2% | 23.07% | 21.94% | 18.57% |
| Operating Income Growth % | 27.56% | -6.2% | 30.89% | 8.08% | -13.33% | -1.88% | -7.85% | 24.26% | 76.37% | 61.11% | 46.89% | 19.25% | -3.73% | -2.38% | -16.01% | -0.86% | -10.27% | -9.53% | -7.14% | -3.75% |
| EBITDA | 412.69M | 449.87M | 429.63M | 422.06M | 372.3M | 471.17M | 367.16M | 419.3M | 425.92M | 541.16M | 451.98M | 427.01M | 329.77M | 314.11M | 265.86M | 287.35M | 271.38M | 328.18M | 306.98M | 290.13M |
| EBITDA Margin % | 32.63% | 33.91% | 33.35% | 32.2% | 29.68% | 35.31% | 28.93% | 30.79% | 29.56% | 34.31% | 32.12% | 28.27% | 26.49% | 34.95% | 33.06% | 32.11% | 30.39% | 37.56% | 37.14% | 32.75% |
| EBITDA Growth % | 10.85% | -4.52% | 17.02% | 0.66% | -12.59% | -12.93% | -18.77% | -1.81% | 29.16% | 72.28% | 70.01% | 48.6% | 21.52% | -4.29% | -13.39% | -0.96% | -7% | -7.57% | -6.99% | -8.11% |
| D&A (Non-Cash Add-back) | 141.06M | 158.12M | 159.69M | 160.84M | 159.36M | 160.13M | 160.92M | 177.61M | 180.24M | 224.15M | 228.17M | 232.51M | 190.47M | 117.34M | 113.49M | 124.25M | 126.69M | 126.62M | 125.58M | 125.63M |
| EBIT | 271.63M | 305.22M | 277.19M | 103.58M | 194.42M | 376.32M | 185.15M | 609.74M | 249.89M | 192.32M | 237.03M | 112.07M | 150.82M | 362.26M | -31.67M | 136.06M | 127.56M | 163.42M | 180.43M | 170.41M |
| Net Interest Income | -66.56M | -79.23M | -81.11M | -81.12M | -78.82M | -83.61M | -84.28M | -102.46M | -132.66M | -139.29M | -141.76M | -156.28M | -104.5M | -36.32M | -37.74M | -37.34M | -37.14M | -37.59M | -34.73M | -34.85M |
| Interest Income | 10.76M | 10.54M | 10.22M | 11.19M | 11.91M | 11.9M | 14.56M | 15.44M | 12.22M | 9.77M | 11.71M | 12.47M | 19.49M | 16.09M | 5.43M | 2.25M | 851K | 690.67K | 838K | 740K |
| Interest Expense | 77.32M | 89.76M | 91.33M | 92.31M | 90.73M | 95.52M | 98.84M | 117.9M | 144.89M | 149.06M | 153.47M | 168.75M | 123.99M | 52.42M | 43.17M | 39.6M | 37.99M | 38.28M | 35.56M | 35.59M |
| Other Income/Expense | -67.46M | -76.3M | -84.09M | -249.95M | -109.25M | -30.24M | -119.94M | 246.07M | -141.8M | -269.95M | -133.67M | -245.05M | -94.1M | 113M | -230.95M | -66.69M | -27.51M | -74.39M | -7.18M | 13.12M |
| Pretax Income | 204.17M | 215.46M | 185.86M | 11.27M | 103.7M | 280.8M | 86.31M | 487.75M | 103.89M | 47.06M | 90.14M | -50.56M | 45.2M | 309.76M | -78.58M | 96.4M | 117.18M | 127.17M | 174.22M | 177.63M |
| Pretax Margin % | 16.14% | 16.24% | 14.43% | 0.86% | 8.27% | 21.04% | 6.8% | 35.81% | 7.21% | 2.98% | 6.4% | -3.35% | 3.63% | 34.46% | -9.77% | 10.77% | 13.12% | 14.55% | 21.08% | 20.05% |
| Income Tax | 33.81M | 47.33M | 39.2M | -17.61M | 10.84M | 50.89M | 1.88M | 239.53M | 6M | 8.28M | 10.22M | -1.23M | -12.42M | 50.85M | 31.74M | -4.96M | 41.55M | 39.13M | 43.15M | -2.2M |
| Effective Tax Rate % | 16.56% | 21.97% | 21.09% | -156.27% | 10.46% | 18.12% | 2.18% | 49.11% | 5.78% | 17.59% | 11.34% | 2.43% | -27.48% | 16.42% | -40.39% | -5.15% | 35.45% | 30.77% | 24.77% | -1.24% |
| Net Income | 170.26M | 168.09M | 146.62M | 28.83M | 92.81M | 229.86M | 84.37M | 248.18M | 97.85M | 38.72M | 79.87M | -49.38M | 57.56M | 258.88M | -110.36M | 101.33M | 75.6M | 88M | 131.02M | 179.75M |
| Net Margin % | 13.46% | 12.67% | 11.38% | 2.2% | 7.4% | 17.22% | 6.65% | 18.22% | 6.79% | 2.45% | 5.68% | -3.27% | 4.62% | 28.8% | -13.72% | 11.32% | 8.46% | 10.07% | 15.85% | 20.29% |
| Net Income Growth % | 83.46% | -26.87% | 73.78% | -88.38% | -5.15% | 493.71% | 5.63% | 602.61% | 69.99% | -85.04% | 172.38% | -148.73% | -23.86% | 194.18% | -184.23% | -43.63% | -17.98% | 231.4% | 27.04% | 569.54% |
| Net Income (Continuing) | 170.36M | 168.13M | 146.66M | 28.88M | 92.85M | 229.91M | 84.42M | 248.22M | 97.89M | 38.78M | 79.92M | -49.33M | 57.62M | 258.91M | -110.32M | 101.36M | 75.64M | 88.04M | 131.07M | 179.82M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 1.91M | 1.8M | 1.76M | 1.72M | 1.67M | 1.62M | 1.58M | 1.52M | 1.48M | 1.44M | 1.37M | 1.33M | 1.28M | 1.22M | 1.19M | 1.14M | 1.1M | 1.06M | 1.02M | 1.51M |
| EPS (Diluted) | 0.70 | 0.66 | 0.57 | 0.11 | 0.35 | 0.87 | 0.32 | 0.91 | 0.36 | 0.14 | 0.29 | -0.18 | 0.21 | 0.96 | -0.43 | 0.38 | 0.28 | 0.32 | 0.48 | 0.66 |
| EPS Growth % | 100% | -24.14% | 78.13% | -87.91% | -2.78% | 521.43% | 10.34% | 605.56% | 71.43% | -85.42% | 167.44% | -147.37% | -25% | 200% | -189.58% | -42.42% | -15.15% | 233.33% | 26.32% | 580.41% |
| EPS (Basic) | 0.70 | 0.67 | 0.57 | 0.11 | 0.35 | 0.87 | 0.32 | 0.92 | 0.36 | 0.14 | 0.29 | -0.18 | 0.21 | 0.96 | -0.43 | 0.38 | 0.28 | 0.32 | 0.48 | 0.66 |
| Diluted Shares Outstanding | 247.96M | 253.73M | 253.77M | 257.71M | 263.83M | 265.19M | 267.82M | 271.72M | 273.03M | 272.14M | 271.9M | 270.77M | 270.65M | 270.19M | 269.8M | 270.39M | 271.21M | 272.93M | 273.23M | 273.98M |
| Basic Shares Outstanding | 247.84M | 251.98M | 253.65M | 257.68M | 262.84M | 265.1M | 267.4M | 271.18M | 272.27M | 271.57M | 271.18M | 270.77M | 270.44M | 270.19M | 269.8M | 270.21M | 270.69M | 272.11M | 272.04M | 272.89M |
| Dividend Payout Ratio | 38.36% | 40.76% | 46.53% | 234.64% | 72.56% | 29.48% | 82.52% | 27% | 68.13% | 176.27% | 83.84% | - | 111.32% | 25.08% | - | 58.33% | 78.15% | 67.56% | 45.39% | 30.25% |