Open Text Research and Development Expenses 2010-2024 | OTEX
Open Text annual/quarterly research and development expenses history and growth rate from 2010 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
- Open Text research and development expenses for the quarter ending September 30, 2024 were $0.191B, a 15.71% decline year-over-year.
- Open Text research and development expenses for the twelve months ending September 30, 2024 were $0.858B, a 7.75% increase year-over-year.
- Open Text annual research and development expenses for 2024 were $0.894B, a 31.35% increase from 2023.
- Open Text annual research and development expenses for 2023 were $0.681B, a 54.52% increase from 2022.
- Open Text annual research and development expenses for 2022 were $0.44B, a 4.51% increase from 2021.
Open Text Annual Research and Development Expenses
(Millions of US $) |
| 2024 |
$894 |
| 2023 |
$681 |
| 2022 |
$440 |
| 2021 |
$421 |
| 2020 |
$370 |
| 2019 |
$322 |
| 2018 |
$323 |
| 2017 |
$282 |
| 2016 |
$194 |
| 2015 |
$196 |
| 2014 |
$177 |
| 2013 |
$164 |
| 2012 |
$169 |
| 2011 |
$146 |
| 2010 |
$129 |
| 2009 |
$116 |
Open Text Quarterly Research and Development Expenses
(Millions of US $) |
| 2024-09-30 |
$191 |
| 2024-06-30 |
$213 |
| 2024-03-31 |
$234 |
| 2023-12-31 |
$220 |
| 2023-09-30 |
$226 |
| 2023-06-30 |
$250 |
| 2023-03-31 |
$211 |
| 2022-12-31 |
$110 |
| 2022-09-30 |
$110 |
| 2022-06-30 |
$119 |
| 2022-03-31 |
$118 |
| 2021-12-31 |
$104 |
| 2021-09-30 |
$100 |
| 2021-06-30 |
$117 |
| 2021-03-31 |
$110 |
| 2020-12-31 |
$100 |
| 2020-09-30 |
$94 |
| 2020-06-30 |
$101 |
| 2020-03-31 |
$108 |
| 2019-12-31 |
$80 |
| 2019-09-30 |
$81 |
| 2019-06-30 |
$84 |
| 2019-03-31 |
$85 |
| 2018-12-31 |
$76 |
| 2018-09-30 |
$77 |
| 2018-06-30 |
$82 |
| 2018-03-31 |
$83 |
| 2017-12-31 |
$80 |
| 2017-09-30 |
$78 |
| 2017-06-30 |
$81 |
| 2017-03-31 |
$77 |
| 2016-12-31 |
$65 |
| 2016-09-30 |
$59 |
| 2016-06-30 |
$54 |
| 2016-03-31 |
$48 |
| 2015-12-31 |
$46 |
| 2015-09-30 |
$46 |
| 2015-06-30 |
$52 |
| 2015-03-31 |
$53 |
| 2014-12-31 |
$46 |
| 2014-09-30 |
$45 |
| 2014-06-30 |
$48 |
| 2014-03-31 |
$47 |
| 2013-12-31 |
$42 |
| 2013-09-30 |
$40 |
| 2013-06-30 |
$42 |
| 2013-03-31 |
$43 |
| 2012-12-31 |
$39 |
| 2012-09-30 |
$40 |
| 2012-06-30 |
$41 |
| 2012-03-31 |
$42 |
| 2011-12-31 |
$43 |
| 2011-09-30 |
$43 |
| 2011-06-30 |
$39 |
| 2011-03-31 |
$41 |
| 2010-12-31 |
$34 |
| 2010-09-30 |
$31 |
| 2010-06-30 |
$32 |
| 2010-03-31 |
$32 |
| 2009-12-31 |
$34 |
| 2009-09-30 |
$32 |
| 2009-06-30 |
$29 |
| 2009-03-31 |
$29 |
| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Computer Software |
$7.709B |
$5.770B |
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Open Text Corporation is engaged in development of innovative intranet, extranet and e-Business applications. Since creating one of the first search engines to index the World Wide Web, the company has remained at the forefront of Internet-based technologies. Open Text solutions allow individuals, teams, organizations, and global trading communities to collaborate on projects, share ideas and accelerate innovation to the fastest possible speed. Open Text Corporation is headquartered in Waterloo, Canada.
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