Open Text (TSX:OTEX) Total Operating Expense: C$3,667 Mil (TTM As of Mar. 2026)


TSX:OTEX Open Text Corp TSX:OTEX
85 GF Score
Price C$32.74
GF Value C$46.20
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Open Text Total Operating Expense?

Open Text TSX:OTEX +0.21% 85 Total Operating Expense is C$3,667 Mil as of Mar. 2026. GuruFocus rates TSX:OTEX with a GF Score™ of 85/100 and a GF Value™ of C$46.20 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Open Text's Total Operating Expense for the three months ended in Mar. 2026 was C$909 Mil. Open Text's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was C$3,667 Mil.

Open Text Total Operating Expense Related Terms

Open Text Total Operating Expense Historical Data

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The historical data trend for Open Text's Total Operating Expense 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.

Open Text Total Operating Expense Chart

Open Text Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,966.20 2,227.89 3,298.84 4,342.62 3,684.49

Open Text Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 983.83 938.28 895.65 924.72 908.51
TSX:OTEX
85GF Score
Open Text Corp TSX:OTEX
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Open Text Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$3,667 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.

What does a Total Operating Expense of C$3,667 Mil mean?
Open Text (TSX:OTEX) has a Total Operating Expense of C$3,667 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Open Text and its competitors.
Is Open Text's Total Operating Expense too high?
Open Text's current Total Operating Expense is C$3,667 Mil. Overall, Open Text has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Open Text's Total Operating Expense compare to UBER and SHOP?
Open Text's Total Operating Expense of C$3,667 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Software company?
A good Total Operating Expense depends on the Software industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Open Text and its competitors. Open Text's current Total Operating Expense is C$3,667 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Open Text stock overvalued right now?
Based on GuruFocus' analysis, Open Text (TSX:OTEX) is currently considered Modestly Undervalued. The stock's GF Value™ is C$46.20, compared to a current price of C$32.74 — trading 29.1% below its estimated fair value. The current Total Operating Expense is C$3,667 Mil. Open Text's overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Open Text (TSX:OTEX), the current Total Operating Expense is C$3,667 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Open Text (TSX:OTEX) Overvalued in 2026?

Based on GuruFocus' analysis, Open Text stock appears to be undervalued. The current stock price of C$32.74 is trading 29.1% below its estimated GF Value™ of C$46.20. GuruFocus considers Open Text to be Modestly Undervalued.

Key valuation signals for TSX:OTEX:

  • Total Operating Expense: C$3,667 Mil
  • GF Value™: C$46.20 vs. price of C$32.74 (29.1% below fair value)
  • GF Score™: 85/100 with 4 warning signs

No single metric tells the full story. See the TSX:OTEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Open Text Business Description

Other Exchanges OTEX:USAOTX:Germany
Address 275 Frank Tompa Drive, Waterloo, ON, CAN, N2L 0A1
Open Text Corp is engaged in the design, development, marketing, and sale of Information Management software and solutions. Its software allows clients to archive, aggregate, retrieve, and search unstructured information (such as documents, e-mail, and presentations). Its platform and services provide secure and scalable solutions for enterprises, SMBs, governments, and consumers around the world. The company's solutions are marketed and delivered on the OpenText Cloud Platform, which is a comprehensive Information Management platform consisting of six business clouds; Content Cloud, Cybersecurity Cloud, Application Automation Cloud, Business Network Cloud, IT Operations Management Cloud, and Analytics Cloud. Geographically, it derives maximum revenue from the United States.
85GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$32.74
Price
C$46.20
GF Value