What is Open Text's R&D?

Open Text (OTEX) reported R&D of $171.17M in Q1 2026.

How has Open Text's R&D changed year-over-year?

Open Text's R&D decreased by 13.3% year-over-year, from $197.33M to $171.17M.

What is the long-term trend for Open Text's R&D?

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

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Open Text OTEX R&D

R&D at other companies

International Business MachinesIBM

$2.17B+11.4%

ServiceNowNOW

$823M+17.1%

AtlassianTEAM

$926.95M+35.3%

SamsaraIOT

$97.57M+17.2%

AccentureACN

$204.33M-29.0%

Akamai TechnologiesAKAM

$141.58M+14.6%

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 R&D?: Open Text (OTEX) reported R&D of $171.17M in Q1 2026.
How has Open Text's R&D changed year-over-year?: Open Text's R&D decreased by 13.3% year-over-year, from $197.33M to $171.17M.
What is the long-term trend for Open Text's R&D?: Over 4 years (2021 to 2025), Open Text's R&D has grown at a 15.7% compound annual growth rate (CAGR), from $421.45M to $755.94M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.