What is Open Text's research and development expense?

Open Text (OTEX) reported research and development expense of $171.17M in Q1 2026.

How has Open Text's research and development expense changed year-over-year?

Open Text's research and development expense decreased by 13.3% year-over-year, from $197.33M to $171.17M.

What is the long-term trend for Open Text's research and development expense?

Over 4 years (2021 to 2025), Open Text's research and development expense has grown at a 15.7% compound annual growth rate (CAGR), from $421.45M to $755.94M.

Open Text OTEX Research and development expense

Research and development expense at other companies

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$43.52M+1.1%

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$899K+12.4%

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$100.57M+9.0%

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Other financials

Income statement

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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

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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

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Operating cash flow$354.6M-11.8%

CapEx$49.7M+75.0%

Free cash flow$304.9M-18.4%

Valuation

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Market cap$5.02B-16.4%

Profitability

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Gross margin73.1%+0.8pp

Operating margin18.1%+0.8pp

Net margin9.9%-2.6pp

FCF margin15.5%+2.0pp

Returns & leverage

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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:ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost.

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 research and development expense?: Open Text (OTEX) reported research and development expense of $171.17M in Q1 2026.
How has Open Text's research and development expense changed year-over-year?: Open Text's research and development expense decreased by 13.3% year-over-year, from $197.33M to $171.17M.
What is the long-term trend for Open Text's research and development expense?: Over 4 years (2021 to 2025), Open Text's research and development expense has grown at a 15.7% compound annual growth rate (CAGR), from $421.45M to $755.94M.