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Side-by-side financial comparison of Installed Building Products, Inc. (IBP) 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 $747.5M, roughly 1.8× Installed Building Products, Inc.). OPEN TEXT CORP runs the higher net margin — 12.7% vs 10.2%, a 2.4% gap on every dollar of revenue. On growth, Installed Building Products, Inc. posted the faster year-over-year revenue change (-0.4% vs -0.6%). OPEN TEXT CORP produced more free cash flow last quarter ($279.4M vs $49.3M). Over the past eight quarters, Installed Building Products, Inc.'s revenue compounded faster (3.9% CAGR vs -4.3%).
Installed Building Products, Inc. is a leading US-based provider of professional installation services for building products. Core offerings include insulation, gutters, garage doors, fire protection systems and window treatments, serving residential new construction, repair & remodel, and commercial construction segments across most US regions.
Open Text Corporation is a global software company that develops and sells information management software.
IBP vs OTEX — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $747.5M | $1.3B |
| Net Profit | $76.6M | $168.1M |
| Gross Margin | 35.0% | 74.0% |
| Operating Margin | 14.6% | 22.0% |
| Net Margin | 10.2% | 12.7% |
| Revenue YoY | -0.4% | -0.6% |
| Net Profit YoY | 14.5% | -26.9% |
| EPS (diluted) | $2.81 | $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 | $747.5M | $1.3B | ||
| Q3 25 | $778.2M | $1.3B | ||
| Q2 25 | $760.3M | $1.3B | ||
| Q1 25 | $684.8M | $1.3B | ||
| Q4 24 | $750.2M | $1.3B | ||
| Q3 24 | $760.6M | $1.3B | ||
| Q2 24 | $737.6M | $1.4B | ||
| Q1 24 | $692.9M | $1.4B |
| Q4 25 | $76.6M | $168.1M | ||
| Q3 25 | $74.4M | $146.6M | ||
| Q2 25 | $69.0M | $28.8M | ||
| Q1 25 | $45.4M | $92.8M | ||
| Q4 24 | $66.9M | $229.9M | ||
| Q3 24 | $68.6M | $84.4M | ||
| Q2 24 | $65.2M | $248.2M | ||
| Q1 24 | $55.9M | $98.3M |
| Q4 25 | 35.0% | 74.0% | ||
| Q3 25 | 34.0% | 72.8% | ||
| Q2 25 | 34.2% | 72.3% | ||
| Q1 25 | 32.7% | 71.6% | ||
| Q4 24 | 33.6% | 73.3% | ||
| Q3 24 | 33.8% | 71.7% | ||
| Q2 24 | 34.1% | 72.5% | ||
| Q1 24 | 33.8% | 73.0% |
| Q4 25 | 14.6% | 22.0% | ||
| Q3 25 | 13.7% | 21.0% | ||
| Q2 25 | 13.3% | 13.9% | ||
| Q1 25 | 10.2% | 16.7% | ||
| Q4 24 | 13.1% | 22.2% | ||
| Q3 24 | 13.3% | 16.3% | ||
| Q2 24 | 12.9% | 14.2% | ||
| Q1 24 | 12.7% | 15.7% |
| Q4 25 | 10.2% | 12.7% | ||
| Q3 25 | 9.6% | 11.4% | ||
| Q2 25 | 9.1% | 2.2% | ||
| Q1 25 | 6.6% | 7.4% | ||
| Q4 24 | 8.9% | 17.2% | ||
| Q3 24 | 9.0% | 6.6% | ||
| Q2 24 | 8.8% | 18.2% | ||
| Q1 24 | 8.1% | 6.8% |
| Q4 25 | $2.81 | $0.66 | ||
| Q3 25 | $2.74 | $0.58 | ||
| Q2 25 | $2.52 | $0.11 | ||
| Q1 25 | $1.64 | $0.35 | ||
| Q4 24 | $2.39 | $0.87 | ||
| Q3 24 | $2.44 | $0.32 | ||
| Q2 24 | $2.30 | $0.91 | ||
| Q1 24 | $1.97 | $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 | $321.9M | $1.3B |
| Total DebtLower is stronger | $886.6M | $6.4B |
| Stockholders' EquityBook value | $709.9M | $4.0B |
| Total Assets | $2.1B | $13.6B |
| Debt / EquityLower = less leverage | 1.25× | 1.58× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $321.9M | $1.3B | ||
| Q3 25 | $333.3M | $1.1B | ||
| Q2 25 | $305.2M | $1.2B | ||
| Q1 25 | $298.7M | $1.3B | ||
| Q4 24 | $327.6M | $1.1B | ||
| Q3 24 | $406.2M | $1.0B | ||
| Q2 24 | $380.3M | $1.3B | ||
| Q1 24 | $399.9M | $1.1B |
| Q4 25 | $886.6M | $6.4B | ||
| Q3 25 | $880.8M | $6.4B | ||
| Q2 25 | $876.1M | $6.4B | ||
| Q1 25 | $872.4M | $6.4B | ||
| Q4 24 | $874.8M | $6.4B | ||
| Q3 24 | $872.3M | $6.4B | ||
| Q2 24 | $875.8M | $6.4B | ||
| Q1 24 | $875.0M | $8.4B |
| Q4 25 | $709.9M | $4.0B | ||
| Q3 25 | $678.6M | $4.0B | ||
| Q2 25 | $664.5M | $3.9B | ||
| Q1 25 | $660.9M | $4.1B | ||
| Q4 24 | $705.3M | $4.2B | ||
| Q3 24 | $716.4M | $4.1B | ||
| Q2 24 | $685.3M | $4.2B | ||
| Q1 24 | $679.2M | $4.1B |
| Q4 25 | $2.1B | $13.6B | ||
| Q3 25 | $2.1B | $13.5B | ||
| Q2 25 | $2.0B | $13.8B | ||
| Q1 25 | $2.0B | $13.8B | ||
| Q4 24 | $2.1B | $13.7B | ||
| Q3 24 | $2.1B | $13.8B | ||
| Q2 24 | $2.0B | $14.2B | ||
| Q1 24 | $2.0B | $16.4B |
| Q4 25 | 1.25× | 1.58× | ||
| Q3 25 | 1.30× | 1.61× | ||
| Q2 25 | 1.32× | 1.62× | ||
| Q1 25 | 1.32× | 1.55× | ||
| Q4 24 | 1.24× | 1.51× | ||
| Q3 24 | 1.22× | 1.55× | ||
| Q2 24 | 1.28× | 1.52× | ||
| Q1 24 | 1.29× | 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 | $64.9M | $318.7M |
| Free Cash FlowOCF − Capex | $49.3M | $279.4M |
| FCF MarginFCF / Revenue | 6.6% | 21.1% |
| Capex IntensityCapex / Revenue | 2.1% | 3.0% |
| Cash ConversionOCF / Net Profit | 0.85× | 1.90× |
| TTM Free Cash FlowTrailing 4 quarters | $300.8M | $878.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $64.9M | $318.7M | ||
| Q3 25 | $124.0M | $147.8M | ||
| Q2 25 | $90.4M | $158.2M | ||
| Q1 25 | $92.1M | $402.2M | ||
| Q4 24 | $74.8M | $348.0M | ||
| Q3 24 | $101.4M | $-77.8M | ||
| Q2 24 | $79.0M | $185.2M | ||
| Q1 24 | $84.8M | $384.7M |
| Q4 25 | $49.3M | $279.4M | ||
| Q3 25 | $104.8M | $101.2M | ||
| Q2 25 | $74.8M | $124.0M | ||
| Q1 25 | $71.9M | $373.8M | ||
| Q4 24 | $52.9M | $306.7M | ||
| Q3 24 | $77.3M | $-117.1M | ||
| Q2 24 | $58.2M | $145.2M | ||
| Q1 24 | $63.0M | $348.2M |
| Q4 25 | 6.6% | 21.1% | ||
| Q3 25 | 13.5% | 7.9% | ||
| Q2 25 | 9.8% | 9.5% | ||
| Q1 25 | 10.5% | 29.8% | ||
| Q4 24 | 7.1% | 23.0% | ||
| Q3 24 | 10.2% | -9.2% | ||
| Q2 24 | 7.9% | 10.7% | ||
| Q1 24 | 9.1% | 24.1% |
| Q4 25 | 2.1% | 3.0% | ||
| Q3 25 | 2.5% | 3.6% | ||
| Q2 25 | 2.1% | 2.6% | ||
| Q1 25 | 2.9% | 2.3% | ||
| Q4 24 | 2.9% | 3.1% | ||
| Q3 24 | 3.2% | 3.1% | ||
| Q2 24 | 2.8% | 2.9% | ||
| Q1 24 | 3.1% | 2.5% |
| Q4 25 | 0.85× | 1.90× | ||
| Q3 25 | 1.67× | 1.01× | ||
| Q2 25 | 1.31× | 5.49× | ||
| Q1 25 | 2.03× | 4.33× | ||
| Q4 24 | 1.12× | 1.51× | ||
| Q3 24 | 1.48× | -0.92× | ||
| Q2 24 | 1.21× | 0.75× | ||
| Q1 24 | 1.52× | 3.91× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IBP
| Residential New Construction | $488.6M | 65% |
| Other Customer Installation | $67.8M | 9% |
| Shower Doors Shelving And Mirrors | $53.5M | 7% |
| Other Building Products | $47.7M | 6% |
| Fireproofing And Firestopping | $37.6M | 5% |
| Rain Gutters | $31.3M | 4% |
| Window Blinds | $18.0M | 2% |
| Related Party | $6.7M | 1% |
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% |
