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Side-by-side financial comparison of AvalonBay Communities (AVB) and OPEN TEXT CORP (OTEX). Click either name above to swap in a different company.
OPEN TEXT CORP is the larger business by last-quarter revenue ($1.3B vs $767.9M, roughly 1.7× AvalonBay Communities). AvalonBay Communities runs the higher net margin — 9040.6% vs 12.7%, a 9027.9% gap on every dollar of revenue. On growth, AvalonBay Communities posted the faster year-over-year revenue change (3.7% vs -0.6%). AvalonBay Communities produced more free cash flow last quarter ($1.4B vs $279.4M). Over the past eight quarters, AvalonBay Communities's revenue compounded faster (3.8% CAGR vs -4.3%).
AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments.
Open Text Corporation is a global software company that develops and sells information management software.
AVB vs OTEX — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $767.9M | $1.3B |
| Net Profit | $166.0M | $168.1M |
| Gross Margin | — | 74.0% |
| Operating Margin | 64.2% | 22.0% |
| Net Margin | 9040.6% | 12.7% |
| Revenue YoY | 3.7% | -0.6% |
| Net Profit YoY | -41.2% | -26.9% |
| EPS (diluted) | $1.18 | $0.66 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $767.9M | $1.3B | ||
| Q3 25 | $766.8M | $1.3B | ||
| Q2 25 | $760.2M | $1.3B | ||
| Q1 25 | $745.9M | $1.3B | ||
| Q4 24 | $740.5M | $1.3B | ||
| Q3 24 | $734.3M | $1.3B | ||
| Q2 24 | $726.0M | $1.4B | ||
| Q1 24 | $712.9M | $1.4B |
| Q4 25 | $166.0M | $168.1M | ||
| Q3 25 | $381.3M | $146.6M | ||
| Q2 25 | $268.7M | $28.8M | ||
| Q1 25 | $236.6M | $92.8M | ||
| Q4 24 | $282.1M | $229.9M | ||
| Q3 24 | $372.5M | $84.4M | ||
| Q2 24 | $253.9M | $248.2M | ||
| Q1 24 | $173.4M | $98.3M |
| Q4 25 | — | 74.0% | ||
| Q3 25 | — | 72.8% | ||
| Q2 25 | — | 72.3% | ||
| Q1 25 | — | 71.6% | ||
| Q4 24 | — | 73.3% | ||
| Q3 24 | — | 71.7% | ||
| Q2 24 | — | 72.5% | ||
| Q1 24 | — | 73.0% |
| Q4 25 | 64.2% | 22.0% | ||
| Q3 25 | 65.7% | 21.0% | ||
| Q2 25 | 67.6% | 13.9% | ||
| Q1 25 | 68.5% | 16.7% | ||
| Q4 24 | 63.1% | 22.2% | ||
| Q3 24 | 65.4% | 16.3% | ||
| Q2 24 | 66.6% | 14.2% | ||
| Q1 24 | 67.2% | 15.7% |
| Q4 25 | 9040.6% | 12.7% | ||
| Q3 25 | 49.7% | 11.4% | ||
| Q2 25 | 35.3% | 2.2% | ||
| Q1 25 | 31.7% | 7.4% | ||
| Q4 24 | 38.1% | 17.2% | ||
| Q3 24 | 50.7% | 6.6% | ||
| Q2 24 | 35.0% | 18.2% | ||
| Q1 24 | 24.3% | 6.8% |
| Q4 25 | $1.18 | $0.66 | ||
| Q3 25 | $2.68 | $0.58 | ||
| Q2 25 | $1.88 | $0.11 | ||
| Q1 25 | $1.66 | $0.35 | ||
| Q4 24 | $1.99 | $0.87 | ||
| Q3 24 | $2.61 | $0.32 | ||
| Q2 24 | $1.78 | $0.91 | ||
| Q1 24 | $1.22 | $0.36 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $187.2M | $1.3B |
| Total DebtLower is stronger | $9.3B | $6.4B |
| Stockholders' EquityBook value | $11.6B | $4.0B |
| Total Assets | $22.2B | $13.6B |
| Debt / EquityLower = less leverage | 0.80× | 1.58× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $187.2M | $1.3B | ||
| Q3 25 | $123.3M | $1.1B | ||
| Q2 25 | $102.8M | $1.2B | ||
| Q1 25 | $53.3M | $1.3B | ||
| Q4 24 | $108.6M | $1.1B | ||
| Q3 24 | $552.4M | $1.0B | ||
| Q2 24 | $545.8M | $1.3B | ||
| Q1 24 | $287.9M | $1.1B |
| Q4 25 | $9.3B | $6.4B | ||
| Q3 25 | $8.7B | $6.4B | ||
| Q2 25 | $8.7B | $6.4B | ||
| Q1 25 | $8.3B | $6.4B | ||
| Q4 24 | $8.1B | $6.4B | ||
| Q3 24 | $8.4B | $6.4B | ||
| Q2 24 | $8.4B | $6.4B | ||
| Q1 24 | $8.0B | $8.4B |
| Q4 25 | $11.6B | $4.0B | ||
| Q3 25 | $11.9B | $4.0B | ||
| Q2 25 | $11.9B | $3.9B | ||
| Q1 25 | $11.9B | $4.1B | ||
| Q4 24 | $11.9B | $4.2B | ||
| Q3 24 | $11.9B | $4.1B | ||
| Q2 24 | $11.7B | $4.2B | ||
| Q1 24 | $11.7B | $4.1B |
| Q4 25 | $22.2B | $13.6B | ||
| Q3 25 | $21.9B | $13.5B | ||
| Q2 25 | $21.8B | $13.8B | ||
| Q1 25 | $21.2B | $13.8B | ||
| Q4 24 | $21.0B | $13.7B | ||
| Q3 24 | $21.3B | $13.8B | ||
| Q2 24 | $21.0B | $14.2B | ||
| Q1 24 | $20.6B | $16.4B |
| Q4 25 | 0.80× | 1.58× | ||
| Q3 25 | 0.73× | 1.61× | ||
| Q2 25 | 0.72× | 1.62× | ||
| Q1 25 | 0.70× | 1.55× | ||
| Q4 24 | 0.68× | 1.51× | ||
| Q3 24 | 0.70× | 1.55× | ||
| Q2 24 | 0.71× | 1.52× | ||
| Q1 24 | 0.68× | 2.02× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.7B | $318.7M |
| Free Cash FlowOCF − Capex | $1.4B | $279.4M |
| FCF MarginFCF / Revenue | 183.5% | 21.1% |
| Capex IntensityCapex / Revenue | 34.1% | 3.0% |
| Cash ConversionOCF / Net Profit | 10.07× | 1.90× |
| TTM Free Cash FlowTrailing 4 quarters | $2.5B | $878.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7B | $318.7M | ||
| Q3 25 | $477.0M | $147.8M | ||
| Q2 25 | $377.8M | $158.2M | ||
| Q1 25 | $415.9M | $402.2M | ||
| Q4 24 | $1.6B | $348.0M | ||
| Q3 24 | $486.2M | $-77.8M | ||
| Q2 24 | $380.0M | $185.2M | ||
| Q1 24 | $412.9M | $384.7M |
| Q4 25 | $1.4B | $279.4M | ||
| Q3 25 | $402.2M | $101.2M | ||
| Q2 25 | $317.1M | $124.0M | ||
| Q1 25 | $367.5M | $373.8M | ||
| Q4 24 | $1.4B | $306.7M | ||
| Q3 24 | $434.2M | $-117.1M | ||
| Q2 24 | $333.0M | $145.2M | ||
| Q1 24 | $375.4M | $348.2M |
| Q4 25 | 183.5% | 21.1% | ||
| Q3 25 | 52.5% | 7.9% | ||
| Q2 25 | 41.7% | 9.5% | ||
| Q1 25 | 49.3% | 29.8% | ||
| Q4 24 | 191.0% | 23.0% | ||
| Q3 24 | 59.1% | -9.2% | ||
| Q2 24 | 45.9% | 10.7% | ||
| Q1 24 | 52.7% | 24.1% |
| Q4 25 | 34.1% | 3.0% | ||
| Q3 25 | 9.8% | 3.6% | ||
| Q2 25 | 8.0% | 2.6% | ||
| Q1 25 | 6.5% | 2.3% | ||
| Q4 24 | 26.1% | 3.1% | ||
| Q3 24 | 7.1% | 3.1% | ||
| Q2 24 | 6.5% | 2.9% | ||
| Q1 24 | 5.3% | 2.5% |
| Q4 25 | 10.07× | 1.90× | ||
| Q3 25 | 1.25× | 1.01× | ||
| Q2 25 | 1.41× | 5.49× | ||
| Q1 25 | 1.76× | 4.33× | ||
| Q4 24 | 5.70× | 1.51× | ||
| Q3 24 | 1.31× | -0.92× | ||
| Q2 24 | 1.50× | 0.75× | ||
| Q1 24 | 2.38× | 3.91× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AVB
Segment breakdown not available.
OTEX
| Transferred At Point In Time | $184.2M | 14% |
| Cybersecurity Enterprise Product | $174.5M | 13% |
| Business Network Product | $159.8M | 12% |
| Business Network Cloud Services And Subscriptions | $151.4M | 11% |
| Content Cloud Services And Subscriptions | $137.9M | 10% |
| Cybersecurity SMB Consumer Product | $127.6M | 10% |
| Application Delivery Management Product | $120.1M | 9% |
| IT Operations Management Product | $113.3M | 9% |
| Professional Service And Other | $82.5M | 6% |
| Analytics Product | $58.1M | 4% |
| IT Operations Management Cloud Services And Subscriptions | $7.8M | 1% |
