vs
Side-by-side financial comparison of KeyCorp (KEY) and OPEN TEXT CORP (OTEX). Click either name above to swap in a different company.
KeyCorp is the larger business by last-quarter revenue ($2.0B vs $1.3B, roughly 1.5× OPEN TEXT CORP). KeyCorp runs the higher net margin — 25.4% vs 12.7%, a 12.8% gap on every dollar of revenue. On growth, KeyCorp posted the faster year-over-year revenue change (131.8% vs -0.6%). KeyCorp produced more free cash flow last quarter ($2.1B vs $279.4M). Over the past eight quarters, KeyCorp's revenue compounded faster (14.4% CAGR vs -4.3%).
Key is a Japanese visual novel studio known for making dramatic and plot-oriented titles. It was formed on July 21, 1998, as a brand under the publisher Visual Arts, and is located in Kita, Osaka.
Open Text Corporation is a global software company that develops and sells information management software.
KEY vs OTEX — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $1.3B |
| Net Profit | $510.0M | $168.1M |
| Gross Margin | — | 74.0% |
| Operating Margin | 32.3% | 22.0% |
| Net Margin | 25.4% | 12.7% |
| Revenue YoY | 131.8% | -0.6% |
| Net Profit YoY | 309.0% | -26.9% |
| EPS (diluted) | $0.43 | $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 | $2.0B | $1.3B | ||
| Q3 25 | $1.9B | $1.3B | ||
| Q2 25 | $1.8B | $1.3B | ||
| Q1 25 | $1.8B | $1.3B | ||
| Q4 24 | $865.0M | $1.3B | ||
| Q3 24 | $695.0M | $1.3B | ||
| Q2 24 | $1.5B | $1.4B | ||
| Q1 24 | $1.5B | $1.4B |
| Q4 25 | $510.0M | $168.1M | ||
| Q3 25 | $489.0M | $146.6M | ||
| Q2 25 | $425.0M | $28.8M | ||
| Q1 25 | $405.0M | $92.8M | ||
| Q4 24 | $-244.0M | $229.9M | ||
| Q3 24 | $-410.0M | $84.4M | ||
| Q2 24 | $274.0M | $248.2M | ||
| Q1 24 | $219.0M | $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 | 32.3% | 22.0% | ||
| Q3 25 | 31.8% | 21.0% | ||
| Q2 25 | 29.3% | 13.9% | ||
| Q1 25 | 29.0% | 16.7% | ||
| Q4 24 | -92.6% | 22.2% | ||
| Q3 24 | -72.8% | 16.3% | ||
| Q2 24 | 22.0% | 14.2% | ||
| Q1 24 | 18.1% | 15.7% |
| Q4 25 | 25.4% | 12.7% | ||
| Q3 25 | 25.8% | 11.4% | ||
| Q2 25 | 23.1% | 2.2% | ||
| Q1 25 | 22.8% | 7.4% | ||
| Q4 24 | -54.7% | 17.2% | ||
| Q3 24 | -59.0% | 6.6% | ||
| Q2 24 | 18.0% | 18.2% | ||
| Q1 24 | 14.3% | 6.8% |
| Q4 25 | $0.43 | $0.66 | ||
| Q3 25 | $0.41 | $0.58 | ||
| Q2 25 | $0.35 | $0.11 | ||
| Q1 25 | $0.33 | $0.35 | ||
| Q4 24 | $-0.30 | $0.87 | ||
| Q3 24 | $-0.47 | $0.32 | ||
| Q2 24 | $0.25 | $0.91 | ||
| Q1 24 | $0.20 | $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 | $10.2B | $1.3B |
| Total DebtLower is stronger | $9.9B | $6.4B |
| Stockholders' EquityBook value | $20.4B | $4.0B |
| Total Assets | $184.4B | $13.6B |
| Debt / EquityLower = less leverage | 0.49× | 1.58× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.2B | $1.3B | ||
| Q3 25 | $13.3B | $1.1B | ||
| Q2 25 | $11.6B | $1.2B | ||
| Q1 25 | $15.3B | $1.3B | ||
| Q4 24 | $17.5B | $1.1B | ||
| Q3 24 | $22.8B | $1.0B | ||
| Q2 24 | $15.5B | $1.3B | ||
| Q1 24 | $13.2B | $1.1B |
| Q4 25 | $9.9B | $6.4B | ||
| Q3 25 | $10.9B | $6.4B | ||
| Q2 25 | $12.1B | $6.4B | ||
| Q1 25 | $12.4B | $6.4B | ||
| Q4 24 | $12.1B | $6.4B | ||
| Q3 24 | $15.7B | $6.4B | ||
| Q2 24 | $16.9B | $6.4B | ||
| Q1 24 | $20.8B | $8.4B |
| Q4 25 | $20.4B | $4.0B | ||
| Q3 25 | $20.1B | $4.0B | ||
| Q2 25 | $19.5B | $3.9B | ||
| Q1 25 | $19.0B | $4.1B | ||
| Q4 24 | $18.2B | $4.2B | ||
| Q3 24 | $16.9B | $4.1B | ||
| Q2 24 | $14.8B | $4.2B | ||
| Q1 24 | $14.5B | $4.1B |
| Q4 25 | $184.4B | $13.6B | ||
| Q3 25 | $187.4B | $13.5B | ||
| Q2 25 | $185.5B | $13.8B | ||
| Q1 25 | $188.7B | $13.8B | ||
| Q4 24 | $187.2B | $13.7B | ||
| Q3 24 | $189.8B | $13.8B | ||
| Q2 24 | $187.4B | $14.2B | ||
| Q1 24 | $187.5B | $16.4B |
| Q4 25 | 0.49× | 1.58× | ||
| Q3 25 | 0.54× | 1.61× | ||
| Q2 25 | 0.62× | 1.62× | ||
| Q1 25 | 0.65× | 1.55× | ||
| Q4 24 | 0.67× | 1.51× | ||
| Q3 24 | 0.93× | 1.55× | ||
| Q2 24 | 1.14× | 1.52× | ||
| Q1 24 | 1.43× | 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 | $2.2B | $318.7M |
| Free Cash FlowOCF − Capex | $2.1B | $279.4M |
| FCF MarginFCF / Revenue | 104.8% | 21.1% |
| Capex IntensityCapex / Revenue | 5.3% | 3.0% |
| Cash ConversionOCF / Net Profit | 4.33× | 1.90× |
| TTM Free Cash FlowTrailing 4 quarters | $3.5B | $878.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.2B | $318.7M | ||
| Q3 25 | $396.0M | $147.8M | ||
| Q2 25 | $1.2B | $158.2M | ||
| Q1 25 | $-140.0M | $402.2M | ||
| Q4 24 | $664.0M | $348.0M | ||
| Q3 24 | $-1.2B | $-77.8M | ||
| Q2 24 | $-217.0M | $185.2M | ||
| Q1 24 | $359.0M | $384.7M |
| Q4 25 | $2.1B | $279.4M | ||
| Q3 25 | $367.0M | $101.2M | ||
| Q2 25 | $1.2B | $124.0M | ||
| Q1 25 | $-150.0M | $373.8M | ||
| Q4 24 | $599.0M | $306.7M | ||
| Q3 24 | $-1.2B | $-117.1M | ||
| Q2 24 | $-230.0M | $145.2M | ||
| Q1 24 | $347.0M | $348.2M |
| Q4 25 | 104.8% | 21.1% | ||
| Q3 25 | 19.4% | 7.9% | ||
| Q2 25 | 65.8% | 9.5% | ||
| Q1 25 | -8.5% | 29.8% | ||
| Q4 24 | 69.2% | 23.0% | ||
| Q3 24 | -175.8% | -9.2% | ||
| Q2 24 | -15.1% | 10.7% | ||
| Q1 24 | 22.6% | 24.1% |
| Q4 25 | 5.3% | 3.0% | ||
| Q3 25 | 1.5% | 3.6% | ||
| Q2 25 | 1.3% | 2.6% | ||
| Q1 25 | 0.6% | 2.3% | ||
| Q4 24 | 7.5% | 3.1% | ||
| Q3 24 | 2.4% | 3.1% | ||
| Q2 24 | 0.9% | 2.9% | ||
| Q1 24 | 0.8% | 2.5% |
| Q4 25 | 4.33× | 1.90× | ||
| Q3 25 | 0.81× | 1.01× | ||
| Q2 25 | 2.90× | 5.49× | ||
| Q1 25 | -0.35× | 4.33× | ||
| Q4 24 | — | 1.51× | ||
| Q3 24 | — | -0.92× | ||
| Q2 24 | -0.79× | 0.75× | ||
| Q1 24 | 1.64× | 3.91× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KEY
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% |
