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Open Text OTEX Operating margin

Operating margin at other companies

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36.1%-0.3pp
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Iron MountainIRM
18.8%+2.5pp
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SPS CommerceSPSC
15.3%+0.5pp
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BoxBOX
8.6%+2.5pp
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ServiceNowNOW
11.4%-1.9pp
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CS DiscoLAW
-25.7%-7.1pp

Other financials

Income statement

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Revenue$1.3B+2.9%
Gross profit$1.0B+6.7%
Operating income$319.7M+76.1%
Net income$155.7M+440%
EPS (diluted)$0.64+433%

Balance sheet

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Cash & equivalents$956.0M-17.4%
Total debt$6.0B-10.1%
Total equity$4.0B+2.2%
Total assets$13.1B-4.8%

Cash flow

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Operating cash flow$185.8M+17.5%
CapEx$63.8M+86.5%
Free cash flow$122.0M-1.6%

Valuation

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Market cap$6.22B-17.2%
Enterprise value$11.24B-13.6%
P/E9.7×-7.6×
P/S1.2×-0.3×

Profitability

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Gross margin73.7%+1.5pp
Net margin12.3%+3.8pp
FCF margin15.4%+2.1pp

Returns & leverage

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Return on equity16.2%+5.5pp
Debt / equity1.5×-0.2×
Current ratio0.8×0.0×

Where this comes from

Calculated from Open Text’s reported figures.

Based on trailing twelve months.

The source filing: Open Text’s 10-K, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 7:08 AM EDT
Fiscal year
FY2026
Accession
0001002638-26-000068

FAQ

What is Open Text's operating margin?
Open Text (OTEX) reported operating margin of 20.6% in Q2 2026.
How has Open Text's operating margin changed year-over-year?
Open Text's operating margin increased by 19.5% year-over-year, from 17.3% to 20.6%.
What is the long-term trend for Open Text's operating margin?
Over 5 years (2021 to 2026), Open Text's operating margin has grown at a -1.2% compound annual growth rate (CAGR), from 21.9% to 20.6%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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