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Open Text (TSX:OTEX) Research & Development : C$1,262 Mil (TTM As of Mar. 2024)


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What is Open Text Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Open Text's Research & Development for the three months ended in Mar. 2024 was C$317 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was C$1,262 Mil.

Open Text Research & Development Historical Data

The historical data trend for Open Text's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Open Text Research & Development Chart

Open Text Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 427.69 501.98 515.01 563.95 904.23

Open Text Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 288.34 332.09 317.22 295.45 316.77

Open Text Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1,262 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Open Text  (TSX:OTEX) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Open Text Research & Development Related Terms

Thank you for viewing the detailed overview of Open Text's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

Open Text (TSX:OTEX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Open Text Corp (TSX:OTEX) » Definitions » Research & Development
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Traded in Other Exchanges
OTEX:USA OTX:Germany
Address
275 Frank Tompa Drive, Waterloo, ON, CAN, N2L 0A1
Website
https://www.opentext.com
Open Text Corp grew out of a technology project involving the Oxford English Dictionary at Canada's University of Waterloo in the mid-1980s. Its software allows clients to archive, aggregate, retrieve, and search unstructured information (such as documents, e-mail, and presentations). The OpenText Information Management platform and services provide secure and scalable solutions for global enterprises, SMBs, governments, and consumers around the world. It also accelerates transformations with intelligent tools and services. The company is based in Ontario, Canada.
Executives
Mark James Barrenechea Director, Senior Officer