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Side-by-side financial comparison of COMERICA INC (CMA) 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 $838.0M, roughly 1.6× COMERICA INC). COMERICA INC runs the higher net margin — 21.0% vs 12.7%, a 8.3% gap on every dollar of revenue. On growth, COMERICA INC posted the faster year-over-year revenue change (3.3% vs -0.6%). Over the past eight quarters, COMERICA INC's revenue compounded faster (108.9% CAGR vs -4.3%).
Comerica Incorporated is an American financial services company, headquartered in Dallas, Texas. It is the parent of Comerica Bank, a regional commercial bank with 413 branches in the U.S. states of Texas, Michigan, California, Florida and Arizona. Comerica is among the largest U.S. financial holding companies, with offices in a number of U.S. cities.
Open Text Corporation is a global software company that develops and sells information management software.
CMA vs OTEX — Head-to-Head
Income Statement — Q3 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $838.0M | $1.3B |
| Net Profit | $176.0M | $168.1M |
| Gross Margin | — | 74.0% |
| Operating Margin | — | 22.0% |
| Net Margin | 21.0% | 12.7% |
| Revenue YoY | 3.3% | -0.6% |
| Net Profit YoY | -4.3% | -26.9% |
| EPS (diluted) | $1.35 | $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 | — | $1.3B | ||
| Q3 25 | $838.0M | $1.3B | ||
| Q2 25 | $849.0M | $1.3B | ||
| Q1 25 | $829.0M | $1.3B | ||
| Q4 24 | $825.0M | $1.3B | ||
| Q3 24 | $811.0M | $1.3B | ||
| Q2 24 | $824.0M | $1.4B | ||
| Q1 24 | $784.0M | $1.4B |
| Q4 25 | — | $168.1M | ||
| Q3 25 | $176.0M | $146.6M | ||
| Q2 25 | $199.0M | $28.8M | ||
| Q1 25 | $172.0M | $92.8M | ||
| Q4 24 | $170.0M | $229.9M | ||
| Q3 24 | $184.0M | $84.4M | ||
| Q2 24 | $206.0M | $248.2M | ||
| Q1 24 | $138.0M | $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 | — | 22.0% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | — | 13.9% | ||
| Q1 25 | — | 16.7% | ||
| Q4 24 | — | 22.2% | ||
| Q3 24 | — | 16.3% | ||
| Q2 24 | — | 14.2% | ||
| Q1 24 | — | 15.7% |
| Q4 25 | — | 12.7% | ||
| Q3 25 | 21.0% | 11.4% | ||
| Q2 25 | 23.4% | 2.2% | ||
| Q1 25 | 20.7% | 7.4% | ||
| Q4 24 | 20.6% | 17.2% | ||
| Q3 24 | 22.7% | 6.6% | ||
| Q2 24 | 25.0% | 18.2% | ||
| Q1 24 | 17.6% | 6.8% |
| Q4 25 | — | $0.66 | ||
| Q3 25 | $1.35 | $0.58 | ||
| Q2 25 | $1.42 | $0.11 | ||
| Q1 25 | $1.25 | $0.35 | ||
| Q4 24 | $1.22 | $0.87 | ||
| Q3 24 | $1.33 | $0.32 | ||
| Q2 24 | $1.49 | $0.91 | ||
| Q1 24 | $0.98 | $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 | — | $1.3B |
| Total DebtLower is stronger | $5.4B | $6.4B |
| Stockholders' EquityBook value | $7.4B | $4.0B |
| Total Assets | $77.4B | $13.6B |
| Debt / EquityLower = less leverage | 0.73× | 1.58× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $1.1B |
| Q4 25 | — | $6.4B | ||
| Q3 25 | $5.4B | $6.4B | ||
| Q2 25 | $5.8B | $6.4B | ||
| Q1 25 | $5.7B | $6.4B | ||
| Q4 24 | $6.7B | $6.4B | ||
| Q3 24 | $6.8B | $6.4B | ||
| Q2 24 | $7.1B | $6.4B | ||
| Q1 24 | $7.1B | $8.4B |
| Q4 25 | — | $4.0B | ||
| Q3 25 | $7.4B | $4.0B | ||
| Q2 25 | $6.9B | $3.9B | ||
| Q1 25 | $7.1B | $4.1B | ||
| Q4 24 | $6.5B | $4.2B | ||
| Q3 24 | $7.4B | $4.1B | ||
| Q2 24 | $6.2B | $4.2B | ||
| Q1 24 | $6.0B | $4.1B |
| Q4 25 | — | $13.6B | ||
| Q3 25 | $77.4B | $13.5B | ||
| Q2 25 | $78.0B | $13.8B | ||
| Q1 25 | $77.6B | $13.8B | ||
| Q4 24 | $79.3B | $13.7B | ||
| Q3 24 | $79.7B | $13.8B | ||
| Q2 24 | $79.6B | $14.2B | ||
| Q1 24 | $79.4B | $16.4B |
| Q4 25 | — | 1.58× | ||
| Q3 25 | 0.73× | 1.61× | ||
| Q2 25 | 0.84× | 1.62× | ||
| Q1 25 | 0.81× | 1.55× | ||
| Q4 24 | 1.02× | 1.51× | ||
| Q3 24 | 0.92× | 1.55× | ||
| Q2 24 | 1.15× | 1.52× | ||
| Q1 24 | 1.18× | 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 | $-270.0M | $318.7M |
| Free Cash FlowOCF − Capex | — | $279.4M |
| FCF MarginFCF / Revenue | — | 21.1% |
| Capex IntensityCapex / Revenue | — | 3.0% |
| Cash ConversionOCF / Net Profit | -1.53× | 1.90× |
| TTM Free Cash FlowTrailing 4 quarters | — | $878.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $318.7M | ||
| Q3 25 | $-270.0M | $147.8M | ||
| Q2 25 | $476.0M | $158.2M | ||
| Q1 25 | $273.0M | $402.2M | ||
| Q4 24 | $601.0M | $348.0M | ||
| Q3 24 | $1.0B | $-77.8M | ||
| Q2 24 | $111.0M | $185.2M | ||
| Q1 24 | $-205.0M | $384.7M |
| Q4 25 | — | $279.4M | ||
| Q3 25 | — | $101.2M | ||
| Q2 25 | — | $124.0M | ||
| Q1 25 | — | $373.8M | ||
| Q4 24 | — | $306.7M | ||
| Q3 24 | — | $-117.1M | ||
| Q2 24 | — | $145.2M | ||
| Q1 24 | — | $348.2M |
| Q4 25 | — | 21.1% | ||
| Q3 25 | — | 7.9% | ||
| Q2 25 | — | 9.5% | ||
| Q1 25 | — | 29.8% | ||
| Q4 24 | — | 23.0% | ||
| Q3 24 | — | -9.2% | ||
| Q2 24 | — | 10.7% | ||
| Q1 24 | — | 24.1% |
| Q4 25 | — | 3.0% | ||
| Q3 25 | — | 3.6% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 2.3% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | — | 3.1% | ||
| Q2 24 | — | 2.9% | ||
| Q1 24 | — | 2.5% |
| Q4 25 | — | 1.90× | ||
| Q3 25 | -1.53× | 1.01× | ||
| Q2 25 | 2.39× | 5.49× | ||
| Q1 25 | 1.59× | 4.33× | ||
| Q4 24 | 3.54× | 1.51× | ||
| Q3 24 | 5.70× | -0.92× | ||
| Q2 24 | 0.54× | 0.75× | ||
| Q1 24 | -1.49× | 3.91× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CMA
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% |
