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Open Text (OTEX) gross margin by quarter

Open Text's gross margin was 73.2% in Q1 FY27 (first quarter fiscal 2027), -1.8 pts from Q4 FY26. Over the last 7 quarters it ranged from 71.6% (Q3 FY25) to 75.0% (Q4 FY26).

Open Text gross margin by quarterOpen Text gross margin by quarter71.6%Q3 FY2572.3%Q4 FY2572.8%Q1 FY2674.0%Q2 FY2673.1%Q3 FY2675.0%Q4 FY2673.2%Q1 FY27
QuarterGross marginQ/QY/Y
Q1 FY2773.2%-1.8 pts+0.4 pts
Q4 FY2675.0%+1.9 pts+2.7 pts
Q3 FY2673.1%-0.9 pts+1.5 pts
Q2 FY2674.0%+1.3 pts—
Q1 FY2672.8%+0.5 pts—
Q4 FY2572.3%+0.7 pts—
Q3 FY2571.6%——

Q1 FY27 at a glance

Open Text, Q1 FY27: revenue $1.2B (-4% year over year), operating margin 20.3%, net earnings $155M, operating cash flow $172M. The chart follows the revenue to costs, profit and cash.

Questions

What is Open Text's gross margin?

Open Text's gross margin was 73.2% in Q1 FY27 (first quarter fiscal 2027), -1.8 pts from Q4 FY26.

How has Open Text's gross margin changed?

Over the last 7 quarters it ranged from 71.6% (Q3 FY25) to 75.0% (Q4 FY26).

Q1 FY27 results → · How Open Text makes money →