
Open Text Corp
TSX:OTEX

Gross Margin
Open Text Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | Company | Market Cap |
Gross Margin |
||
---|---|---|---|---|---|
CA |
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Open Text Corp
TSX:OTEX
|
10.3B CAD |
72%
|
|
US |
![]() |
Ezenia! Inc
OTC:EZEN
|
567B USD |
62%
|
|
DE |
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SAP SE
XETRA:SAP
|
300.9B EUR |
74%
|
|
US |
![]() |
Palantir Technologies Inc
NYSE:PLTR
|
321.6B USD |
80%
|
|
US |
![]() |
Salesforce Inc
NYSE:CRM
|
262.9B USD |
77%
|
|
US |
![]() |
Intuit Inc
NASDAQ:INTU
|
218.5B USD |
79%
|
|
US |
![]() |
Adobe Inc
NASDAQ:ADBE
|
165.8B USD |
89%
|
|
US |
N
|
NCR Corp
LSE:0K45
|
154.3B USD |
21%
|
|
US |
![]() |
Applovin Corp
NASDAQ:APP
|
121.8B USD |
78%
|
|
US |
![]() |
Microstrategy Inc
NASDAQ:MSTR
|
104.8B USD |
71%
|
|
US |
![]() |
Cadence Design Systems Inc
NASDAQ:CDNS
|
84.4B USD |
86%
|
Open Text Corp
Glance View
Open Text Corporation, a major player in the enterprise information management sphere, hails from the bustling tech landscape of Canada. Born amidst the vibrant innovation corridors of Waterloo, Ontario, the company has steadily carved its niche by enabling organizations to digitize their information management processes. Through a suite of robust software solutions, Open Text empowers businesses to securely capture, govern, exchange, and leverage enterprise information. Their offerings extend across a spectrum that includes content management systems, business process management, customer experience management, and analytics. Essentially, Open Text doesn't just provide tools—it provides the architecture for companies to transform raw data into actionable insights. Monetarily, Open Text thrives on a mixed revenue model that combines perpetual license sales with subscription-based services, giving them a steady cash flow and growth opportunities. They cater to a diverse portfolio of sectors, ranging from manufacturing to healthcare and public services, ensuring a robust and resilient client base. The company's strategic acquisitions have also played a pivotal role in broadening its technological capabilities and geographic reach, thereby strengthening its positioning in the global market. This combination of innovative solutions and strategic expansion underlines Open Text’s pursuit of maintaining its lead in an ever-evolving digital landscape.

See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Open Text Corp's most recent financial statements, the company has Gross Margin of 72.3%.