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Side-by-side financial comparison of Element Solutions Inc (ESI) 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 $840.0M, roughly 1.6× Element Solutions Inc). OPEN TEXT CORP runs the higher net margin — 12.7% vs 6.7%, a 6.0% gap on every dollar of revenue. On growth, Element Solutions Inc posted the faster year-over-year revenue change (41.0% vs -0.6%). OPEN TEXT CORP produced more free cash flow last quarter ($279.4M vs $-74.2M). Over the past eight quarters, Element Solutions Inc's revenue compounded faster (17.1% CAGR vs -4.3%).
Element Solutions Inc is an American specialty chemicals production corporation listed on the New York Stock Exchange.
Open Text Corporation is a global software company that develops and sells information management software.
ESI vs OTEX — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $840.0M | $1.3B |
| Net Profit | $56.0M | $168.1M |
| Gross Margin | 38.4% | 74.0% |
| Operating Margin | 13.3% | 22.0% |
| Net Margin | 6.7% | 12.7% |
| Revenue YoY | 41.0% | -0.6% |
| Net Profit YoY | -43.0% | -26.9% |
| EPS (diluted) | $0.23 | $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 | $840.0M | — | ||
| Q4 25 | $676.2M | $1.3B | ||
| Q3 25 | $656.1M | $1.3B | ||
| Q2 25 | $625.2M | $1.3B | ||
| Q1 25 | $593.7M | $1.3B | ||
| Q4 24 | $624.2M | $1.3B | ||
| Q3 24 | $645.0M | $1.3B | ||
| Q2 24 | $612.7M | $1.4B |
| Q1 26 | $56.0M | — | ||
| Q4 25 | $6.2M | $168.1M | ||
| Q3 25 | $39.3M | $146.6M | ||
| Q2 25 | $47.4M | $28.8M | ||
| Q1 25 | $98.0M | $92.8M | ||
| Q4 24 | $54.7M | $229.9M | ||
| Q3 24 | $40.3M | $84.4M | ||
| Q2 24 | $93.2M | $248.2M |
| Q1 26 | 38.4% | — | ||
| Q4 25 | 40.9% | 74.0% | ||
| Q3 25 | 42.2% | 72.8% | ||
| Q2 25 | 42.6% | 72.3% | ||
| Q1 25 | 42.2% | 71.6% | ||
| Q4 24 | 41.0% | 73.3% | ||
| Q3 24 | 41.5% | 71.7% | ||
| Q2 24 | 43.6% | 72.5% |
| Q1 26 | 13.3% | — | ||
| Q4 25 | 10.3% | 22.0% | ||
| Q3 25 | 15.4% | 21.0% | ||
| Q2 25 | 15.1% | 13.9% | ||
| Q1 25 | 13.0% | 16.7% | ||
| Q4 24 | 12.0% | 22.2% | ||
| Q3 24 | 14.7% | 16.3% | ||
| Q2 24 | 15.7% | 14.2% |
| Q1 26 | 6.7% | — | ||
| Q4 25 | 0.9% | 12.7% | ||
| Q3 25 | 6.0% | 11.4% | ||
| Q2 25 | 7.6% | 2.2% | ||
| Q1 25 | 16.5% | 7.4% | ||
| Q4 24 | 8.8% | 17.2% | ||
| Q3 24 | 6.2% | 6.6% | ||
| Q2 24 | 15.2% | 18.2% |
| Q1 26 | $0.23 | — | ||
| Q4 25 | $0.03 | $0.66 | ||
| Q3 25 | $0.16 | $0.58 | ||
| Q2 25 | $0.20 | $0.11 | ||
| Q1 25 | $0.40 | $0.35 | ||
| Q4 24 | $0.22 | $0.87 | ||
| Q3 24 | $0.17 | $0.32 | ||
| Q2 24 | $0.39 | $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 | $177.3M | $1.3B |
| Total DebtLower is stronger | — | $6.4B |
| Stockholders' EquityBook value | $2.7B | $4.0B |
| Total Assets | $5.7B | $13.6B |
| Debt / EquityLower = less leverage | — | 1.58× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $177.3M | — | ||
| Q4 25 | $626.5M | $1.3B | ||
| Q3 25 | $594.3M | $1.1B | ||
| Q2 25 | $529.9M | $1.2B | ||
| Q1 25 | $499.2M | $1.3B | ||
| Q4 24 | $359.4M | $1.1B | ||
| Q3 24 | $376.0M | $1.0B | ||
| Q2 24 | $309.3M | $1.3B |
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $6.4B | ||
| Q3 25 | $1.6B | $6.4B | ||
| Q2 25 | $1.6B | $6.4B | ||
| Q1 25 | $1.6B | $6.4B | ||
| Q4 24 | $1.8B | $6.4B | ||
| Q3 24 | $1.9B | $6.4B | ||
| Q2 24 | $1.9B | $6.4B |
| Q1 26 | $2.7B | — | ||
| Q4 25 | $2.7B | $4.0B | ||
| Q3 25 | $2.7B | $4.0B | ||
| Q2 25 | $2.6B | $3.9B | ||
| Q1 25 | $2.5B | $4.1B | ||
| Q4 24 | $2.4B | $4.2B | ||
| Q3 24 | $2.4B | $4.1B | ||
| Q2 24 | $2.4B | $4.2B |
| Q1 26 | $5.7B | — | ||
| Q4 25 | $5.1B | $13.6B | ||
| Q3 25 | $5.0B | $13.5B | ||
| Q2 25 | $5.0B | $13.8B | ||
| Q1 25 | $4.8B | $13.8B | ||
| Q4 24 | $4.9B | $13.7B | ||
| Q3 24 | $5.1B | $13.8B | ||
| Q2 24 | $5.0B | $14.2B |
| Q1 26 | — | — | ||
| Q4 25 | 0.61× | 1.58× | ||
| Q3 25 | 0.61× | 1.61× | ||
| Q2 25 | 0.62× | 1.62× | ||
| Q1 25 | 0.64× | 1.55× | ||
| Q4 24 | 0.76× | 1.51× | ||
| Q3 24 | 0.78× | 1.55× | ||
| Q2 24 | 0.81× | 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 | $-74.2M | $279.4M |
| FCF MarginFCF / Revenue | -8.8% | 21.1% |
| Capex IntensityCapex / Revenue | 3.0% | 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 | — | $318.7M | ||
| Q3 25 | $100.1M | $147.8M | ||
| Q2 25 | — | $158.2M | ||
| Q1 25 | $26.0M | $402.2M | ||
| Q4 24 | — | $348.0M | ||
| Q3 24 | $98.5M | $-77.8M | ||
| Q2 24 | — | $185.2M |
| Q1 26 | $-74.2M | — | ||
| Q4 25 | — | $279.4M | ||
| Q3 25 | $83.6M | $101.2M | ||
| Q2 25 | — | $124.0M | ||
| Q1 25 | $15.0M | $373.8M | ||
| Q4 24 | — | $306.7M | ||
| Q3 24 | $85.9M | $-117.1M | ||
| Q2 24 | — | $145.2M |
| Q1 26 | -8.8% | — | ||
| Q4 25 | — | 21.1% | ||
| Q3 25 | 12.7% | 7.9% | ||
| Q2 25 | — | 9.5% | ||
| Q1 25 | 2.5% | 29.8% | ||
| Q4 24 | — | 23.0% | ||
| Q3 24 | 13.3% | -9.2% | ||
| Q2 24 | — | 10.7% |
| Q1 26 | 3.0% | — | ||
| Q4 25 | 2.5% | 3.0% | ||
| Q3 25 | 2.5% | 3.6% | ||
| Q2 25 | 2.8% | 2.6% | ||
| Q1 25 | 1.9% | 2.3% | ||
| Q4 24 | 3.6% | 3.1% | ||
| Q3 24 | 2.0% | 3.1% | ||
| Q2 24 | 2.4% | 2.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.90× | ||
| Q3 25 | 2.55× | 1.01× | ||
| Q2 25 | — | 5.49× | ||
| Q1 25 | 0.27× | 4.33× | ||
| Q4 24 | — | 1.51× | ||
| Q3 24 | 2.44× | -0.92× | ||
| Q2 24 | — | 0.75× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESI
| Electronics ex-Metals | $377.8M | 45% |
| Pass-through Metals | $255.7M | 30% |
| Other | $206.5M | 25% |
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% |
