Filing Flows › Open Text (OTEX) › Q4 FY26 › vs Q4 FY25
Open Text (OTEX) Q4 FY26 vs Q4 FY25 (year over year)
Open Text's revenue rose $38.5M (+3%) from $1.3B in Q4 FY25 to $1.3B in Q4 FY26. Gross margin 75.0% against 72.3% (+2.7 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 Q4 FY25, the increases inside each band.
Margins
| Q4 FY26 | Q4 FY25 | Change | |
|---|---|---|---|
| Gross margin | 75.0% | 72.3% | +2.7 pts |
| Operating margin | 23.7% | 13.9% | +9.8 pts |
| Net margin | 11.5% | 2.2% | +9.3 pts |
| Free cash flow margin | 9.0% | 9.5% | -0.4 pts |
Every line
| Line | Q4 FY26 | Q4 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $38.5M | +3% |
| Gross profit | $1.0B | $948M | $63.8M | +7% |
| Cost of revenue | $338M | $363M | −$25.3M | -7% |
| Operating profit | $320M | $182M | $138M | +76% |
| Operating expenses | $692M | $766M | −$74.3M | -10% |
| Pre-tax earnings | $251M | $11.3M | $239M | 22× |
| Other expense, net | $69.2M | $170M | −$101M | -59% |
| Research & development | $149M | $187M | −$38.1M | -20% |
| Sales & marketing | $308M | $280M | $28.8M | +10% |
| General & admin | $112M | $106M | $6.0M | +6% |
| Other operating costs | $122M | $193M | −$71.1M | -37% |
| Net earnings | $156M | $28.9M | $127M | +439% |
| Income tax | $94.8M | −$17.6M | $112M | — |
| Share-based compensation | $21.8M | $21.9M | −$75K | -0.3% |
| Working capital & other | $8.2M | $107M | −$99.2M | -92% |
| Operating cash flow | $186M | $158M | $27.6M | +17% |
| Free cash flow (OCF − capex) | $122M | $124M | −$2.0M | -2% |
| Capital expenditures | $63.8M | $34.2M | $29.6M | +87% |
Questions
How much did Open Text's revenue grow year over year in Q4 FY26?
Open Text's revenue rose $38.5M (+3%) from $1.3B in Q4 FY25 to $1.3B in Q4 FY26. Gross margin 75.0% against 72.3% (+2.7 pts).