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Side-by-side financial comparison of LEVI STRAUSS & CO (LEVI) and OPEN TEXT CORP (OTEX). Click either name above to swap in a different company.

LEVI STRAUSS & CO is the larger business by last-quarter revenue ($1.8B vs $1.3B, roughly 1.3× OPEN TEXT CORP). OPEN TEXT CORP runs the higher net margin — 12.7% vs 8.9%, a 3.7% gap on every dollar of revenue. On growth, OPEN TEXT CORP posted the faster year-over-year revenue change (-0.6% vs -4.0%). OPEN TEXT CORP produced more free cash flow last quarter ($279.4M vs $215.7M). Over the past eight quarters, LEVI STRAUSS & CO's revenue compounded faster (6.5% CAGR vs -4.3%).

Levi Strauss & Co. is an American clothing company known worldwide for its Levi's brand of denim jeans. It was founded in May 1853 when German-Jewish immigrant Levi Strauss moved from Buttenheim, Bavaria, to San Francisco, California, to open a West Coast branch of his brothers' New York dry goods business. Although the corporation is registered in Delaware, the company's corporate headquarters is located in Levi's Plaza in San Francisco.

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

LEVI vs OTEX — Head-to-Head

Bigger by revenue
LEVI
LEVI
1.3× larger
LEVI
$1.8B
$1.3B
OTEX
Growing faster (revenue YoY)
OTEX
OTEX
+3.4% gap
OTEX
-0.6%
-4.0%
LEVI
Higher net margin
OTEX
OTEX
3.7% more per $
OTEX
12.7%
8.9%
LEVI
More free cash flow
OTEX
OTEX
$63.7M more FCF
OTEX
$279.4M
$215.7M
LEVI
Faster 2-yr revenue CAGR
LEVI
LEVI
Annualised
LEVI
6.5%
-4.3%
OTEX

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
LEVI
LEVI
OTEX
OTEX
Revenue
$1.8B
$1.3B
Net Profit
$158.0M
$168.1M
Gross Margin
60.8%
74.0%
Operating Margin
11.9%
22.0%
Net Margin
8.9%
12.7%
Revenue YoY
-4.0%
-0.6%
Net Profit YoY
-13.4%
-26.9%
EPS (diluted)
$0.39
$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
LEVI
LEVI
OTEX
OTEX
Q4 25
$1.8B
$1.3B
Q3 25
$1.5B
$1.3B
Q2 25
$1.4B
$1.3B
Q1 25
$1.5B
$1.3B
Q4 24
$1.8B
$1.3B
Q3 24
$1.5B
$1.3B
Q2 24
$1.4B
$1.4B
Q1 24
$1.6B
$1.4B
Net Profit
LEVI
LEVI
OTEX
OTEX
Q4 25
$158.0M
$168.1M
Q3 25
$218.1M
$146.6M
Q2 25
$67.0M
$28.8M
Q1 25
$135.0M
$92.8M
Q4 24
$182.5M
$229.9M
Q3 24
$20.7M
$84.4M
Q2 24
$18.0M
$248.2M
Q1 24
$-10.6M
$98.3M
Gross Margin
LEVI
LEVI
OTEX
OTEX
Q4 25
60.8%
74.0%
Q3 25
61.7%
72.8%
Q2 25
62.6%
72.3%
Q1 25
62.1%
71.6%
Q4 24
61.3%
73.3%
Q3 24
60.0%
71.7%
Q2 24
60.5%
72.5%
Q1 24
58.2%
73.0%
Operating Margin
LEVI
LEVI
OTEX
OTEX
Q4 25
11.9%
22.0%
Q3 25
10.8%
21.0%
Q2 25
7.5%
13.9%
Q1 25
12.5%
16.7%
Q4 24
11.5%
22.2%
Q3 24
2.0%
16.3%
Q2 24
1.5%
14.2%
Q1 24
-0.0%
15.7%
Net Margin
LEVI
LEVI
OTEX
OTEX
Q4 25
8.9%
12.7%
Q3 25
14.1%
11.4%
Q2 25
4.6%
2.2%
Q1 25
8.8%
7.4%
Q4 24
9.9%
17.2%
Q3 24
1.4%
6.6%
Q2 24
1.2%
18.2%
Q1 24
-0.7%
6.8%
EPS (diluted)
LEVI
LEVI
OTEX
OTEX
Q4 25
$0.39
$0.66
Q3 25
$0.55
$0.58
Q2 25
$0.17
$0.11
Q1 25
$0.34
$0.35
Q4 24
$0.46
$0.87
Q3 24
$0.05
$0.32
Q2 24
$0.04
$0.91
Q1 24
$-0.03
$0.36

Balance Sheet & Financial Strength

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

Metric
LEVI
LEVI
OTEX
OTEX
Cash + ST InvestmentsLiquidity on hand
$848.8M
$1.3B
Total DebtLower is stronger
$1.1B
$6.4B
Stockholders' EquityBook value
$2.3B
$4.0B
Total Assets
$6.8B
$13.6B
Debt / EquityLower = less leverage
0.46×
1.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LEVI
LEVI
OTEX
OTEX
Q4 25
$848.8M
$1.3B
Q3 25
$707.5M
$1.1B
Q2 25
$736.7M
$1.2B
Q1 25
$574.4M
$1.3B
Q4 24
$690.0M
$1.1B
Q3 24
$577.1M
$1.0B
Q2 24
$641.4M
$1.3B
Q1 24
$516.7M
$1.1B
Total Debt
LEVI
LEVI
OTEX
OTEX
Q4 25
$1.1B
$6.4B
Q3 25
$1.0B
$6.4B
Q2 25
$1.0B
$6.4B
Q1 25
$987.4M
$6.4B
Q4 24
$994.0M
$6.4B
Q3 24
$1.0B
$6.4B
Q2 24
$1.0B
$6.4B
Q1 24
$1.0B
$8.4B
Stockholders' Equity
LEVI
LEVI
OTEX
OTEX
Q4 25
$2.3B
$4.0B
Q3 25
$2.2B
$4.0B
Q2 25
$2.1B
$3.9B
Q1 25
$2.0B
$4.1B
Q4 24
$2.0B
$4.2B
Q3 24
$1.9B
$4.1B
Q2 24
$2.0B
$4.2B
Q1 24
$2.0B
$4.1B
Total Assets
LEVI
LEVI
OTEX
OTEX
Q4 25
$6.8B
$13.6B
Q3 25
$6.7B
$13.5B
Q2 25
$6.5B
$13.8B
Q1 25
$6.2B
$13.8B
Q4 24
$6.4B
$13.7B
Q3 24
$6.3B
$13.8B
Q2 24
$6.2B
$14.2B
Q1 24
$6.0B
$16.4B
Debt / Equity
LEVI
LEVI
OTEX
OTEX
Q4 25
0.46×
1.58×
Q3 25
0.48×
1.61×
Q2 25
0.49×
1.62×
Q1 25
0.49×
1.55×
Q4 24
0.50×
1.51×
Q3 24
0.54×
1.55×
Q2 24
0.51×
1.52×
Q1 24
0.51×
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
LEVI
LEVI
OTEX
OTEX
Operating Cash FlowLast quarter
$266.8M
$318.7M
Free Cash FlowOCF − Capex
$215.7M
$279.4M
FCF MarginFCF / Revenue
12.2%
21.1%
Capex IntensityCapex / Revenue
2.9%
3.0%
Cash ConversionOCF / Net Profit
1.69×
1.90×
TTM Free Cash FlowTrailing 4 quarters
$308.2M
$878.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LEVI
LEVI
OTEX
OTEX
Q4 25
$266.8M
$318.7M
Q3 25
$24.8M
$147.8M
Q2 25
$185.5M
$158.2M
Q1 25
$52.5M
$402.2M
Q4 24
$297.3M
$348.0M
Q3 24
$52.3M
$-77.8M
Q2 24
$262.8M
$185.2M
Q1 24
$286.0M
$384.7M
Free Cash Flow
LEVI
LEVI
OTEX
OTEX
Q4 25
$215.7M
$279.4M
Q3 25
$-39.4M
$101.2M
Q2 25
$146.0M
$124.0M
Q1 25
$-14.1M
$373.8M
Q4 24
$231.6M
$306.7M
Q3 24
$2.3M
$-117.1M
Q2 24
$222.6M
$145.2M
Q1 24
$214.4M
$348.2M
FCF Margin
LEVI
LEVI
OTEX
OTEX
Q4 25
12.2%
21.1%
Q3 25
-2.6%
7.9%
Q2 25
10.1%
9.5%
Q1 25
-0.9%
29.8%
Q4 24
12.6%
23.0%
Q3 24
0.2%
-9.2%
Q2 24
15.4%
10.7%
Q1 24
13.8%
24.1%
Capex Intensity
LEVI
LEVI
OTEX
OTEX
Q4 25
2.9%
3.0%
Q3 25
4.2%
3.6%
Q2 25
2.7%
2.6%
Q1 25
4.4%
2.3%
Q4 24
3.6%
3.1%
Q3 24
3.3%
3.1%
Q2 24
2.8%
2.9%
Q1 24
4.6%
2.5%
Cash Conversion
LEVI
LEVI
OTEX
OTEX
Q4 25
1.69×
1.90×
Q3 25
0.11×
1.01×
Q2 25
2.77×
5.49×
Q1 25
0.39×
4.33×
Q4 24
1.63×
1.51×
Q3 24
2.53×
-0.92×
Q2 24
14.60×
0.75×
Q1 24
3.91×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LEVI
LEVI

Other$760.3M43%
Sales Channel Through Intermediary$583.2M33%
Sales Channel Directly To Consumer$376.0M21%
Beyond Yoga$46.3M3%

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%

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