vs

Side-by-side financial comparison of Fabrinet (FN) 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 $1.1B, roughly 1.2× Fabrinet). OPEN TEXT CORP runs the higher net margin — 12.7% vs 9.9%, a 2.7% gap on every dollar of revenue. On growth, Fabrinet posted the faster year-over-year revenue change (35.9% vs -0.6%). OPEN TEXT CORP produced more free cash flow last quarter ($279.4M vs $-5.3M). Over the past eight quarters, Fabrinet's revenue compounded faster (24.4% CAGR vs -4.3%).

Below is a list of companies having stocks that are included in the S&P MidCap 400 stock market index. The index, maintained by S&P Dow Jones Indices, comprises the common stocks of 400 mid-cap, mostly American, companies. Although called the S&P 400, the index sometimes contains more than 400 stocks when it includes two or more share classes of stock from one of its component companies.

Open Text Corporation is a global software company that develops and sells information management software.

FN vs OTEX — Head-to-Head

Bigger by revenue
OTEX
OTEX
1.2× larger
OTEX
$1.3B
$1.1B
FN
Growing faster (revenue YoY)
FN
FN
+36.5% gap
FN
35.9%
-0.6%
OTEX
Higher net margin
OTEX
OTEX
2.7% more per $
OTEX
12.7%
9.9%
FN
More free cash flow
OTEX
OTEX
$284.8M more FCF
OTEX
$279.4M
$-5.3M
FN
Faster 2-yr revenue CAGR
FN
FN
Annualised
FN
24.4%
-4.3%
OTEX

Income Statement — Q2 FY2026 vs Q2 FY2026

Metric
FN
FN
OTEX
OTEX
Revenue
$1.1B
$1.3B
Net Profit
$112.6M
$168.1M
Gross Margin
12.2%
74.0%
Operating Margin
10.1%
22.0%
Net Margin
9.9%
12.7%
Revenue YoY
35.9%
-0.6%
Net Profit YoY
30.0%
-26.9%
EPS (diluted)
$3.11
$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.

Revenue
FN
FN
OTEX
OTEX
Q4 25
$1.1B
$1.3B
Q3 25
$978.1M
$1.3B
Q2 25
$909.7M
$1.3B
Q1 25
$871.8M
$1.3B
Q4 24
$833.6M
$1.3B
Q3 24
$804.2M
$1.3B
Q2 24
$753.3M
$1.4B
Q1 24
$731.5M
$1.4B
Net Profit
FN
FN
OTEX
OTEX
Q4 25
$112.6M
$168.1M
Q3 25
$95.9M
$146.6M
Q2 25
$87.2M
$28.8M
Q1 25
$81.3M
$92.8M
Q4 24
$86.6M
$229.9M
Q3 24
$77.4M
$84.4M
Q2 24
$81.1M
$248.2M
Q1 24
$80.9M
$98.3M
Gross Margin
FN
FN
OTEX
OTEX
Q4 25
12.2%
74.0%
Q3 25
11.9%
72.8%
Q2 25
12.2%
72.3%
Q1 25
11.7%
71.6%
Q4 24
12.1%
73.3%
Q3 24
12.3%
71.7%
Q2 24
12.3%
72.5%
Q1 24
12.4%
73.0%
Operating Margin
FN
FN
OTEX
OTEX
Q4 25
10.1%
22.0%
Q3 25
9.6%
21.0%
Q2 25
9.8%
13.9%
Q1 25
9.0%
16.7%
Q4 24
9.5%
22.2%
Q3 24
9.6%
16.3%
Q2 24
9.7%
14.2%
Q1 24
9.7%
15.7%
Net Margin
FN
FN
OTEX
OTEX
Q4 25
9.9%
12.7%
Q3 25
9.8%
11.4%
Q2 25
9.6%
2.2%
Q1 25
9.3%
7.4%
Q4 24
10.4%
17.2%
Q3 24
9.6%
6.6%
Q2 24
10.8%
18.2%
Q1 24
11.1%
6.8%
EPS (diluted)
FN
FN
OTEX
OTEX
Q4 25
$3.11
$0.66
Q3 25
$2.66
$0.58
Q2 25
$2.41
$0.11
Q1 25
$2.25
$0.35
Q4 24
$2.38
$0.87
Q3 24
$2.13
$0.32
Q2 24
$2.22
$0.91
Q1 24
$2.21
$0.36

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FN
FN
OTEX
OTEX
Cash + ST InvestmentsLiquidity on hand
$960.8M
$1.3B
Total DebtLower is stronger
$6.4B
Stockholders' EquityBook value
$2.2B
$4.0B
Total Assets
$3.3B
$13.6B
Debt / EquityLower = less leverage
1.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FN
FN
OTEX
OTEX
Q4 25
$960.8M
$1.3B
Q3 25
$968.8M
$1.1B
Q2 25
$934.2M
$1.2B
Q1 25
$950.7M
$1.3B
Q4 24
$934.6M
$1.1B
Q3 24
$908.9M
$1.0B
Q2 24
$858.6M
$1.3B
Q1 24
$794.0M
$1.1B
Total Debt
FN
FN
OTEX
OTEX
Q4 25
$6.4B
Q3 25
$6.4B
Q2 25
$6.4B
Q1 25
$6.4B
Q4 24
$6.4B
Q3 24
$6.4B
Q2 24
$6.4B
Q1 24
$8.4B
Stockholders' Equity
FN
FN
OTEX
OTEX
Q4 25
$2.2B
$4.0B
Q3 25
$2.1B
$4.0B
Q2 25
$2.0B
$3.9B
Q1 25
$1.9B
$4.1B
Q4 24
$1.8B
$4.2B
Q3 24
$1.8B
$4.1B
Q2 24
$1.7B
$4.2B
Q1 24
$1.7B
$4.1B
Total Assets
FN
FN
OTEX
OTEX
Q4 25
$3.3B
$13.6B
Q3 25
$3.0B
$13.5B
Q2 25
$2.8B
$13.8B
Q1 25
$2.6B
$13.8B
Q4 24
$2.5B
$13.7B
Q3 24
$2.4B
$13.8B
Q2 24
$2.3B
$14.2B
Q1 24
$2.2B
$16.4B
Debt / Equity
FN
FN
OTEX
OTEX
Q4 25
1.58×
Q3 25
1.61×
Q2 25
1.62×
Q1 25
1.55×
Q4 24
1.51×
Q3 24
1.55×
Q2 24
1.52×
Q1 24
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
FN
FN
OTEX
OTEX
Operating Cash FlowLast quarter
$46.3M
$318.7M
Free Cash FlowOCF − Capex
$-5.3M
$279.4M
FCF MarginFCF / Revenue
-0.5%
21.1%
Capex IntensityCapex / Revenue
4.6%
3.0%
Cash ConversionOCF / Net Profit
0.41×
1.90×
TTM Free Cash FlowTrailing 4 quarters
$102.3M
$878.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FN
FN
OTEX
OTEX
Q4 25
$46.3M
$318.7M
Q3 25
$102.6M
$147.8M
Q2 25
$55.1M
$158.2M
Q1 25
$74.2M
$402.2M
Q4 24
$115.9M
$348.0M
Q3 24
$83.2M
$-77.8M
Q2 24
$83.1M
$185.2M
Q1 24
$100.9M
$384.7M
Free Cash Flow
FN
FN
OTEX
OTEX
Q4 25
$-5.3M
$279.4M
Q3 25
$57.3M
$101.2M
Q2 25
$4.7M
$124.0M
Q1 25
$45.7M
$373.8M
Q4 24
$94.0M
$306.7M
Q3 24
$62.9M
$-117.1M
Q2 24
$70.4M
$145.2M
Q1 24
$87.3M
$348.2M
FCF Margin
FN
FN
OTEX
OTEX
Q4 25
-0.5%
21.1%
Q3 25
5.9%
7.9%
Q2 25
0.5%
9.5%
Q1 25
5.2%
29.8%
Q4 24
11.3%
23.0%
Q3 24
7.8%
-9.2%
Q2 24
9.3%
10.7%
Q1 24
11.9%
24.1%
Capex Intensity
FN
FN
OTEX
OTEX
Q4 25
4.6%
3.0%
Q3 25
4.6%
3.6%
Q2 25
5.5%
2.6%
Q1 25
3.3%
2.3%
Q4 24
2.6%
3.1%
Q3 24
2.5%
3.1%
Q2 24
1.7%
2.9%
Q1 24
1.9%
2.5%
Cash Conversion
FN
FN
OTEX
OTEX
Q4 25
0.41×
1.90×
Q3 25
1.07×
1.01×
Q2 25
0.63×
5.49×
Q1 25
0.91×
4.33×
Q4 24
1.34×
1.51×
Q3 24
1.07×
-0.92×
Q2 24
1.02×
0.75×
Q1 24
1.25×
3.91×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FN
FN

Optical Communications$832.6M73%
Non Optical Communications$300.3M27%

OTEX
OTEX

Transferred At Point In Time$184.2M14%
Cybersecurity Enterprise Product$174.5M13%
Business Network Product$159.8M12%
Business Network Cloud Services And Subscriptions$151.4M11%
Content Cloud Services And Subscriptions$137.9M10%
Cybersecurity SMB Consumer Product$127.6M10%
Application Delivery Management Product$120.1M9%
IT Operations Management Product$113.3M9%
Professional Service And Other$82.5M6%
Analytics Product$58.1M4%
IT Operations Management Cloud Services And Subscriptions$7.8M1%

Related Comparisons