Company / R&D Expense
OPEN TEXT CORP R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$755.9M
FY2025
5-year range
$421.4M / $864.5M
FY2021-FY2025
Trend
-12.6%
vs FY2024
Sector context
#53 of 264
Information Technology
What the data says
OPEN TEXT CORP's r&d expense of $756M is higher than 80% of companies in the Information Technology sector (FY2025). R&D Expense has fluctuated over the past 10 years, ranging from $194M in FY2016 to $864M in FY2024.
Based on SEC 10-K filings.
$756M in FY2025 with a 5-year CAGR of +15.3%. Top quartile in the Information Technology sector.
Improved from $659M to $756M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +19.7%
- 5-Year CAGR
- +15.3%
- 10-Year CAGR
- -
Sector benchmark
-26.7% below sector average
Key checks
Key Insights
- 5-year CAGR of +15.3%, indicating consistent growth.
- In FY2025, r&d expense decreased 12.6% year-over-year.
- Ranks #53 out of 264 companies in the Information Technology sector.
- Peak r&d expense was recorded in FY2024.
Company context
Key Data Points
- Altman Z-Score 0.72 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $755.9M | -12.6% |
| FY2024 | $864.5M | +31.1% |
| FY2023 | $659.2M | +49.7% |
| FY2022 | $440.4M | +4.5% |
| FY2021 | $421.4M | +13.8% |
| FY2020 | $370.4M | +15.1% |
| FY2019 | $321.8M | -0.3% |
| FY2018 | $322.9M | +14.8% |
| FY2017 | $281.2M | +44.9% |
| FY2016 | $194.1M | -1.2% |
As of FY2025 · SEC 10-K Annual Filings · Updated Feb 28, 2026