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Side-by-side financial comparison of Delek US Holdings, Inc. (DK) and OPEN TEXT CORP (OTEX). Click either name above to swap in a different company.
Delek US Holdings, Inc. is the larger business by last-quarter revenue ($2.6B vs $1.3B, roughly 2.0× OPEN TEXT CORP). OPEN TEXT CORP runs the higher net margin — 12.7% vs -7.7%, a 20.3% gap on every dollar of revenue. On growth, OPEN TEXT CORP posted the faster year-over-year revenue change (-0.6% vs -4.9%). Over the past eight quarters, OPEN TEXT CORP's revenue compounded faster (-4.3% CAGR vs -10.8%).
Delek US Holdings, Inc. is an oil refining, logistics and biofuels company founded in 2001 and headquartered in Brentwood, Tennessee.
Open Text Corporation is a global software company that develops and sells information management software.
DK vs OTEX — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.6B | $1.3B |
| Net Profit | $-201.3M | $168.1M |
| Gross Margin | -5.8% | 74.0% |
| Operating Margin | — | 22.0% |
| Net Margin | -7.7% | 12.7% |
| Revenue YoY | -4.9% | -0.6% |
| Net Profit YoY | — | -26.9% |
| EPS (diluted) | $-3.34 | $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.
| Q1 26 | $2.6B | — | ||
| Q4 25 | $2.4B | $1.3B | ||
| Q3 25 | $2.9B | $1.3B | ||
| Q2 25 | $2.8B | $1.3B | ||
| Q1 25 | $2.6B | $1.3B | ||
| Q4 24 | $2.4B | $1.3B | ||
| Q3 24 | $3.0B | $1.3B | ||
| Q2 24 | $3.3B | $1.4B |
| Q1 26 | $-201.3M | — | ||
| Q4 25 | $78.3M | $168.1M | ||
| Q3 25 | $178.0M | $146.6M | ||
| Q2 25 | $-106.4M | $28.8M | ||
| Q1 25 | $-172.7M | $92.8M | ||
| Q4 24 | $-413.8M | $229.9M | ||
| Q3 24 | $-76.8M | $84.4M | ||
| Q2 24 | $-37.2M | $248.2M |
| Q1 26 | -5.8% | — | ||
| Q4 25 | 9.3% | 74.0% | ||
| Q3 25 | 13.8% | 72.8% | ||
| Q2 25 | 1.9% | 72.3% | ||
| Q1 25 | -2.4% | 71.6% | ||
| Q4 24 | -5.7% | 73.3% | ||
| Q3 24 | -0.7% | 71.7% | ||
| Q2 24 | 0.5% | 72.5% |
| Q1 26 | — | — | ||
| Q4 25 | 6.8% | 22.0% | ||
| Q3 25 | 10.2% | 21.0% | ||
| Q2 25 | -1.2% | 13.9% | ||
| Q1 25 | -4.8% | 16.7% | ||
| Q4 24 | -17.0% | 22.2% | ||
| Q3 24 | -4.0% | 16.3% | ||
| Q2 24 | 0.1% | 14.2% |
| Q1 26 | -7.7% | — | ||
| Q4 25 | 3.2% | 12.7% | ||
| Q3 25 | 6.2% | 11.4% | ||
| Q2 25 | -3.8% | 2.2% | ||
| Q1 25 | -6.5% | 7.4% | ||
| Q4 24 | -17.4% | 17.2% | ||
| Q3 24 | -2.5% | 6.6% | ||
| Q2 24 | -1.1% | 18.2% |
| Q1 26 | $-3.34 | — | ||
| Q4 25 | $1.23 | $0.66 | ||
| Q3 25 | $2.93 | $0.58 | ||
| Q2 25 | $-1.76 | $0.11 | ||
| Q1 25 | $-2.78 | $0.35 | ||
| Q4 24 | $-6.48 | $0.87 | ||
| Q3 24 | $-1.20 | $0.32 | ||
| Q2 24 | $-0.58 | $0.91 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $624.1M | $1.3B |
| Total DebtLower is stronger | $3.2B | $6.4B |
| Stockholders' EquityBook value | $302.0M | $4.0B |
| Total Assets | $7.6B | $13.6B |
| Debt / EquityLower = less leverage | 10.54× | 1.58× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $624.1M | — | ||
| Q4 25 | $625.8M | $1.3B | ||
| Q3 25 | $630.9M | $1.1B | ||
| Q2 25 | $615.5M | $1.2B | ||
| Q1 25 | $623.8M | $1.3B | ||
| Q4 24 | $735.6M | $1.1B | ||
| Q3 24 | $1.0B | $1.0B | ||
| Q2 24 | $657.9M | $1.3B |
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $6.4B | ||
| Q3 25 | $3.2B | $6.4B | ||
| Q2 25 | $3.1B | $6.4B | ||
| Q1 25 | $3.0B | $6.4B | ||
| Q4 24 | $2.8B | $6.4B | ||
| Q3 24 | $2.8B | $6.4B | ||
| Q2 24 | $2.5B | $6.4B |
| Q1 26 | $302.0M | — | ||
| Q4 25 | $547.3M | $4.0B | ||
| Q3 25 | $444.8M | $4.0B | ||
| Q2 25 | $294.9M | $3.9B | ||
| Q1 25 | $429.4M | $4.1B | ||
| Q4 24 | $575.2M | $4.2B | ||
| Q3 24 | $875.4M | $4.1B | ||
| Q2 24 | $982.8M | $4.2B |
| Q1 26 | $7.6B | — | ||
| Q4 25 | $6.8B | $13.6B | ||
| Q3 25 | $7.1B | $13.5B | ||
| Q2 25 | $7.1B | $13.8B | ||
| Q1 25 | $6.9B | $13.8B | ||
| Q4 24 | $6.7B | $13.7B | ||
| Q3 24 | $7.0B | $13.8B | ||
| Q2 24 | $6.9B | $14.2B |
| Q1 26 | 10.54× | — | ||
| Q4 25 | 5.91× | 1.58× | ||
| Q3 25 | 7.14× | 1.61× | ||
| Q2 25 | 10.51× | 1.62× | ||
| Q1 25 | 7.07× | 1.55× | ||
| Q4 24 | 4.81× | 1.51× | ||
| Q3 24 | 3.19× | 1.55× | ||
| Q2 24 | 2.50× | 1.52× |
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 | — | $318.7M |
| Free Cash FlowOCF − Capex | — | $279.4M |
| FCF MarginFCF / Revenue | — | 21.1% |
| Capex IntensityCapex / Revenue | — | 3.0% |
| Cash ConversionOCF / Net Profit | — | 1.90× |
| TTM Free Cash FlowTrailing 4 quarters | — | $878.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $502.8M | $318.7M | ||
| Q3 25 | $44.0M | $147.8M | ||
| Q2 25 | $51.4M | $158.2M | ||
| Q1 25 | $-62.4M | $402.2M | ||
| Q4 24 | $-163.5M | $348.0M | ||
| Q3 24 | $-21.6M | $-77.8M | ||
| Q2 24 | $-48.4M | $185.2M |
| Q1 26 | — | — | ||
| Q4 25 | $382.8M | $279.4M | ||
| Q3 25 | $-64.0M | $101.2M | ||
| Q2 25 | $-114.4M | $124.0M | ||
| Q1 25 | $-198.1M | $373.8M | ||
| Q4 24 | $-354.0M | $306.7M | ||
| Q3 24 | $-140.6M | $-117.1M | ||
| Q2 24 | $-128.3M | $145.2M |
| Q1 26 | — | — | ||
| Q4 25 | 15.8% | 21.1% | ||
| Q3 25 | -2.2% | 7.9% | ||
| Q2 25 | -4.1% | 9.5% | ||
| Q1 25 | -7.5% | 29.8% | ||
| Q4 24 | -14.9% | 23.0% | ||
| Q3 24 | -4.6% | -9.2% | ||
| Q2 24 | -3.9% | 10.7% |
| Q1 26 | — | — | ||
| Q4 25 | 4.9% | 3.0% | ||
| Q3 25 | 3.7% | 3.6% | ||
| Q2 25 | 6.0% | 2.6% | ||
| Q1 25 | 5.1% | 2.3% | ||
| Q4 24 | 8.0% | 3.1% | ||
| Q3 24 | 3.9% | 3.1% | ||
| Q2 24 | 2.4% | 2.9% |
| Q1 26 | — | — | ||
| Q4 25 | 6.42× | 1.90× | ||
| Q3 25 | 0.25× | 1.01× | ||
| Q2 25 | — | 5.49× | ||
| Q1 25 | — | 4.33× | ||
| Q4 24 | — | 1.51× | ||
| Q3 24 | — | -0.92× | ||
| Q2 24 | — | 0.75× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DK
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% |
