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Side-by-side financial comparison of Liberty Energy Inc. (LBRT) 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 $1.0B, roughly 1.3× Liberty Energy Inc.). OPEN TEXT CORP runs the higher net margin — 12.7% vs 2.2%, a 10.5% gap on every dollar of revenue. On growth, Liberty Energy Inc. posted the faster year-over-year revenue change (4.5% vs -0.6%). Over the past eight quarters, OPEN TEXT CORP's revenue compounded faster (-4.3% CAGR vs -6.2%).
Liberty Energy Inc. is a North American energy services provider specializing in hydraulic fracturing and well completion solutions for oil and gas operators. It serves clients across major U.S. shale basins, offering low-emission equipment and tailored support to optimize well productivity.
Open Text Corporation is a global software company that develops and sells information management software.
LBRT vs OTEX — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | ||
|---|---|---|
| Revenue | $1.0B | $1.3B |
| Net Profit | $22.6M | $168.1M |
| Gross Margin | — | 74.0% |
| Operating Margin | 2.2% | 22.0% |
| Net Margin | 2.2% | 12.7% |
| Revenue YoY | 4.5% | -0.6% |
| Net Profit YoY | — | -26.9% |
| EPS (diluted) | $0.14 | $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 | $1.0B | — | ||
| Q4 25 | $1.0B | $1.3B | ||
| Q3 25 | $947.4M | $1.3B | ||
| Q2 25 | $1.0B | $1.3B | ||
| Q1 25 | $977.5M | $1.3B | ||
| Q4 24 | $943.6M | $1.3B | ||
| Q3 24 | $1.1B | $1.3B | ||
| Q2 24 | $1.2B | $1.4B |
| Q1 26 | $22.6M | — | ||
| Q4 25 | $13.7M | $168.1M | ||
| Q3 25 | $43.1M | $146.6M | ||
| Q2 25 | $71.0M | $28.8M | ||
| Q1 25 | $20.1M | $92.8M | ||
| Q4 24 | $51.9M | $229.9M | ||
| Q3 24 | $73.8M | $84.4M | ||
| Q2 24 | $108.4M | $248.2M |
| Q1 26 | — | — | ||
| Q4 25 | 20.6% | 74.0% | ||
| Q3 25 | 18.7% | 72.8% | ||
| Q2 25 | 22.1% | 72.3% | ||
| Q1 25 | 22.1% | 71.6% | ||
| Q4 24 | 21.4% | 73.3% | ||
| Q3 24 | 26.2% | 71.7% | ||
| Q2 24 | 27.9% | 72.5% |
| Q1 26 | 2.2% | — | ||
| Q4 25 | 1.9% | 22.0% | ||
| Q3 25 | -0.3% | 21.0% | ||
| Q2 25 | 3.6% | 13.9% | ||
| Q1 25 | 1.9% | 16.7% | ||
| Q4 24 | 2.6% | 22.2% | ||
| Q3 24 | 9.4% | 16.3% | ||
| Q2 24 | 12.2% | 14.2% |
| Q1 26 | 2.2% | — | ||
| Q4 25 | 1.3% | 12.7% | ||
| Q3 25 | 4.5% | 11.4% | ||
| Q2 25 | 6.8% | 2.2% | ||
| Q1 25 | 2.1% | 7.4% | ||
| Q4 24 | 5.5% | 17.2% | ||
| Q3 24 | 6.5% | 6.6% | ||
| Q2 24 | 9.3% | 18.2% |
| Q1 26 | $0.14 | — | ||
| Q4 25 | $0.08 | $0.66 | ||
| Q3 25 | $0.26 | $0.58 | ||
| Q2 25 | $0.43 | $0.11 | ||
| Q1 25 | $0.12 | $0.35 | ||
| Q4 24 | $0.31 | $0.87 | ||
| Q3 24 | $0.44 | $0.32 | ||
| Q2 24 | $0.64 | $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 | $699.1M | $1.3B |
| Total DebtLower is stronger | $7.1M | $6.4B |
| Stockholders' EquityBook value | $1.9B | $4.0B |
| Total Assets | $4.4B | $13.6B |
| Debt / EquityLower = less leverage | 0.00× | 1.58× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $699.1M | — | ||
| Q4 25 | $27.6M | $1.3B | ||
| Q3 25 | $13.5M | $1.1B | ||
| Q2 25 | $19.6M | $1.2B | ||
| Q1 25 | $24.1M | $1.3B | ||
| Q4 24 | $20.0M | $1.1B | ||
| Q3 24 | $23.0M | $1.0B | ||
| Q2 24 | $30.0M | $1.3B |
| Q1 26 | $7.1M | — | ||
| Q4 25 | $246.6M | $6.4B | ||
| Q3 25 | — | $6.4B | ||
| Q2 25 | — | $6.4B | ||
| Q1 25 | — | $6.4B | ||
| Q4 24 | $190.5M | $6.4B | ||
| Q3 24 | — | $6.4B | ||
| Q2 24 | — | $6.4B |
| Q1 26 | $1.9B | — | ||
| Q4 25 | $2.1B | $4.0B | ||
| Q3 25 | $2.1B | $4.0B | ||
| Q2 25 | $2.0B | $3.9B | ||
| Q1 25 | $2.0B | $4.1B | ||
| Q4 24 | $2.0B | $4.2B | ||
| Q3 24 | $2.0B | $4.1B | ||
| Q2 24 | $1.9B | $4.2B |
| Q1 26 | $4.4B | — | ||
| Q4 25 | $3.6B | $13.6B | ||
| Q3 25 | $3.5B | $13.5B | ||
| Q2 25 | $3.4B | $13.8B | ||
| Q1 25 | $3.4B | $13.8B | ||
| Q4 24 | $3.3B | $13.7B | ||
| Q3 24 | $3.3B | $13.8B | ||
| Q2 24 | $3.2B | $14.2B |
| Q1 26 | 0.00× | — | ||
| Q4 25 | 0.12× | 1.58× | ||
| Q3 25 | — | 1.61× | ||
| Q2 25 | — | 1.62× | ||
| Q1 25 | — | 1.55× | ||
| Q4 24 | 0.10× | 1.51× | ||
| Q3 24 | — | 1.55× | ||
| Q2 24 | — | 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 | 13.1% | 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 | $195.4M | $318.7M | ||
| Q3 25 | $51.5M | $147.8M | ||
| Q2 25 | $170.6M | $158.2M | ||
| Q1 25 | $192.1M | $402.2M | ||
| Q4 24 | $177.3M | $348.0M | ||
| Q3 24 | $244.5M | $-77.8M | ||
| Q2 24 | $248.2M | $185.2M |
| Q1 26 | — | — | ||
| Q4 25 | $-10.0M | $279.4M | ||
| Q3 25 | $-67.2M | $101.2M | ||
| Q2 25 | $33.1M | $124.0M | ||
| Q1 25 | $58.2M | $373.8M | ||
| Q4 24 | $-26.2M | $306.7M | ||
| Q3 24 | $77.9M | $-117.1M | ||
| Q2 24 | $112.2M | $145.2M |
| Q1 26 | — | — | ||
| Q4 25 | -1.0% | 21.1% | ||
| Q3 25 | -7.1% | 7.9% | ||
| Q2 25 | 3.2% | 9.5% | ||
| Q1 25 | 6.0% | 29.8% | ||
| Q4 24 | -2.8% | 23.0% | ||
| Q3 24 | 6.8% | -9.2% | ||
| Q2 24 | 9.7% | 10.7% |
| Q1 26 | 13.1% | — | ||
| Q4 25 | 19.8% | 3.0% | ||
| Q3 25 | 12.5% | 3.6% | ||
| Q2 25 | 13.2% | 2.6% | ||
| Q1 25 | 13.7% | 2.3% | ||
| Q4 24 | 21.6% | 3.1% | ||
| Q3 24 | 14.6% | 3.1% | ||
| Q2 24 | 11.7% | 2.9% |
| Q1 26 | — | — | ||
| Q4 25 | 14.28× | 1.90× | ||
| Q3 25 | 1.20× | 1.01× | ||
| Q2 25 | 2.40× | 5.49× | ||
| Q1 25 | 9.55× | 4.33× | ||
| Q4 24 | 3.42× | 1.51× | ||
| Q3 24 | 3.31× | -0.92× | ||
| Q2 24 | 2.29× | 0.75× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LBRT
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% |