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Open Text OTEX Decrease in Unrecognized Tax Benefits is Reasonably Possible

Decrease in Unrecognized Tax Benefits is Reasonably Possible at other companies

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Other financials

Income statement

Revenue$1.3B+2.2%

Gross profit$937.3M+4.3%

Operating income$201.2M-3.8%

Net income$172.7M+86.0%

EPS (diluted)$0.70+100%

Balance sheet

Cash & equivalents$1.3B-1.9%

Total debt$6.4B-3.6%

Total equity$4.0B-4.0%

Total assets$13.3B-3.1%

Cash flow

Operating cash flow$354.6M-11.8%

CapEx$49.7M+75.0%

Free cash flow$304.9M-18.4%

Valuation

Market cap$5.02B-16.4%

Profitability

Gross margin73.1%+0.8pp

Operating margin18.1%+0.8pp

Net margin9.9%-2.6pp

FCF margin15.5%+2.0pp

Returns & leverage

Return on equity12.8%-3.1pp

Debt / equity1.6×0.0×

Current ratio0.9×+0.1×

Where this comes from

Reported directly by Open Text in its filing.

Tagged under the XBRL concept us-gaap:DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible.

The official record: Open Text’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Open Text's decrease in unrecognized tax benefits is reasonably possible?: Open Text (OTEX) reported decrease in unrecognized tax benefits is reasonably possible of $26.8M in Q1 2026.
How has Open Text's decrease in unrecognized tax benefits is reasonably possible changed year-over-year?: Open Text's decrease in unrecognized tax benefits is reasonably possible decreased by 14.6% year-over-year, from $31.4M to $26.8M.