Filing Flows › Open Text (OTEX) › Q4 FY26 › vs Q3 FY26
Open Text (OTEX) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Open Text's revenue rose $66.5M (+5%) from $1.3B in Q3 FY26 to $1.3B in Q4 FY26. Gross margin 75.0% against 73.1% (+1.9 pts).
Open Text, Q4 FY26: revenue $1.3B (+3% year over year), operating margin 23.7%, net earnings $156M, operating cash flow $186M. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Gross margin | 75.0% | 73.1% | +1.9 pts |
| Operating margin | 23.7% | 15.7% | +8.0 pts |
| Net margin | 11.5% | 13.5% | -1.9 pts |
| Free cash flow margin | 9.0% | 23.8% | -14.7 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $66.5M | +5% |
| Gross profit | $1.0B | $937M | $74.2M | +8% |
| Cost of revenue | $338M | $345M | −$7.7M | -2% |
| Operating profit | $320M | $201M | $118M | +59% |
| Operating expenses | $692M | $736M | −$44.3M | -6% |
| Pre-tax earnings | $251M | $207M | $43.5M | +21% |
| Other expense, net | $69.2M | −$5.8M | $75.0M | — |
| Research & development | $149M | $171M | −$22.1M | -13% |
| Sales & marketing | $308M | $283M | $25.7M | +9% |
| General & admin | $112M | $109M | $3.4M | +3% |
| Other operating costs | $122M | $174M | −$51.3M | -30% |
| Net earnings | $156M | $173M | −$17.0M | -10% |
| Income tax | $94.8M | $34.3M | $60.5M | +177% |
| Share-based compensation | $21.8M | $19.9M | $2.0M | +10% |
| Working capital & other | $8.2M | $162M | −$154M | -95% |
| Operating cash flow | $186M | $355M | −$169M | -48% |
| Free cash flow (OCF − capex) | $122M | $305M | −$183M | -60% |
| Capital expenditures | $63.8M | $49.7M | $14.1M | +28% |
Questions
How much did Open Text's revenue grow quarter over quarter in Q4 FY26?
Open Text's revenue rose $66.5M (+5%) from $1.3B in Q3 FY26 to $1.3B in Q4 FY26. Gross margin 75.0% against 73.1% (+1.9 pts).