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 December 31, 2024 were $0.181B, a 15.09% decline year-over-year.
  • Open Text research and development expenses for the twelve months ending December 31, 2024 were $0.826B, a 8.17% decline 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 $)
2024-12-31 $181
2024-09-30 $191
2024-06-30 $221
2024-03-31 $234
2023-12-31 $213
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 $7.104B $5.770B
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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