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Open Text (OTEX) R&D spending by quarter

Open Text's R&D spending was $142M in Q1 FY27 (first quarter fiscal 2027), -5% from Q4 FY26. Over the last 7 quarters it ranged from $142M (Q1 FY27) to $197M (Q3 FY25).

Open Text R&D spending by quarterOpen Text R&D spending by quarter$197MQ3 FY25$187MQ4 FY25$169MQ1 FY26$158MQ2 FY26$171MQ3 FY26$149MQ4 FY26$142MQ1 FY27
QuarterR&D spendingQ/QY/Y
Q1 FY27$142M-5%-16%
Q4 FY26$149M-13%-20%
Q3 FY26$171M+8%-13%
Q2 FY26$158M-6%—
Q1 FY26$169M-10%—
Q4 FY25$187M-5%—
Q3 FY25$197M——

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 R&D spending?

Open Text's R&D spending was $142M in Q1 FY27 (first quarter fiscal 2027), -5% from Q4 FY26.

How has Open Text's R&D spending changed?

Over the last 7 quarters it ranged from $142M (Q1 FY27) to $197M (Q3 FY25).

Q1 FY27 results → · How Open Text makes money →