Open Text profit margin OTEX
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 12.3%
- Operating margin, 12 months
- 20.6%
- Net margin on a year earlier
- +3.8 pts
- Peer median
- 13.6%
Over the twelve months to Jun 30, 2026, Open Text kept 12.3% of its revenue as net profit, with an operating margin of 20.6% and a gross margin of 73.7%.
Five years earlier its net margin was 9.2%.
The median for 10 infrastructure software stocks of a similar size is 13.6%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | 12.3% | 20.6% | 73.7% |
| FY2025 | 8.4% | 17.3% | 72.3% |
| FY2024 | 8.1% | 15.4% | 72.6% |
| FY2023 | 3.4% | 11.5% | 70.6% |
| FY2022 | 11.4% | 18.5% | 69.6% |
| FY2021 | 9.2% | 21.9% | 69.4% |
| FY2020 | 7.5% | 16.2% | 67.7% |
| FY2019 | 10.0% | 19.8% | 67.6% |
| FY2018 | 8.6% | 18.0% | 66.2% |
| FY2017 | 44.8% | 15.4% | 66.7% |
| FY2016 | 15.6% | 20.2% | 68.5% |
| FY2015 | 12.7% | 18.8% | 67.7% |
| FY2014 | 13.4% | 18.5% | 68.5% |
| FY2013 | 10.9% | 14.5% | 64.4% |
| FY2012 | 10.4% | 12.4% | 65.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q4 FY26 | 12.3% | +3.8 pts | 20.6% | |
| Q3 FY26 | 9.9% | −2.6 pts | 18.1% | |
| Q2 FY26 | 8.4% | −3.8 pts | 18.4% | |
| Q1 FY26 | 9.6% | +1.3 pts | 18.4% | |
| Q4 FY25 | 8.4% | +0.4 pts | 17.3% | |
| Q3 FY25 | 12.6% | +9.7 pts | 17.3% | |
| Q2 FY25 | 12.2% | +10.0 pts | 17.0% | |
| Q1 FY25 | 8.3% | +1.5 pts | 15.7% | |
| Q4 FY24 | 8.1% | +4.7 pts | 15.4% | |
| Q3 FY24 | 2.9% | −4.9 pts | 13.8% | |
| Q2 FY24 | 2.2% | −6.8 pts | 11.4% | |
| Q1 FY24 | 6.9% | +2.7 pts | 11.5% |
Against its peers
Companies in Software - Infrastructure nearest Open Text's size, closest first, today.
| Company | Profit margin |
|---|---|
| OTEXOpen Text | 12.3% |
| CVLTCommvault Systems | 5.6% |
| PATHUiPath | 21.0% |
| APPFAppfolio | 15.1% |
| YOUClear Secure | 14.8% |
| QLYSQualys | 29.4% |
| SAICScience Applications International | 5.1% |
| BOXBox | 10.6% |
| ACIWACI Worldwide | 12.4% |
| WAYWaystar | 11.2% |
| DBXDropbox | 17.5% |
| Peer median | 13.6% |
Where Open Text ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Open Text
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.