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Side-by-side financial comparison of OPEN TEXT CORP (OTEX) and Public Storage (PSA). Click either name above to swap in a different company.
OPEN TEXT CORP is the larger business by last-quarter revenue ($1.3B vs $1.2B, roughly 1.1× Public Storage). Public Storage runs the higher net margin — 41.7% vs 12.7%, a 29.0% gap on every dollar of revenue. On growth, Public Storage posted the faster year-over-year revenue change (3.3% vs -0.6%). Over the past eight quarters, Public Storage's revenue compounded faster (2.5% CAGR vs -4.3%).
Open Text Corporation is a global software company that develops and sells information management software.
Public Storage, headquartered in Glendale, California, is a real estate investment trust that invests in self storage. It is the largest brand of self-storage services in the US and owns approximately 9% of the self storage square footage in the U.S. As of December 31, 2024, the company operated 3,073 self-storage facilities containing an aggregate of 221 million net rentable square feet of space.
OTEX vs PSA — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $1.3B | $1.2B |
| Net Profit | $168.1M | $507.1M |
| Gross Margin | 74.0% | — |
| Operating Margin | 22.0% | 40.7% |
| Net Margin | 12.7% | 41.7% |
| Revenue YoY | -0.6% | 3.3% |
| Net Profit YoY | -26.9% | -17.5% |
| EPS (diluted) | $0.66 | $2.59 |
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 | $1.3B | $1.2B | ||
| Q3 25 | $1.3B | $1.2B | ||
| Q2 25 | $1.3B | $1.2B | ||
| Q1 25 | $1.3B | $1.2B | ||
| Q4 24 | $1.3B | $1.2B | ||
| Q3 24 | $1.3B | $1.2B | ||
| Q2 24 | $1.4B | $1.2B | ||
| Q1 24 | $1.4B | $1.2B |
| Q4 25 | $168.1M | $507.1M | ||
| Q3 25 | $146.6M | $511.1M | ||
| Q2 25 | $28.8M | $358.4M | ||
| Q1 25 | $92.8M | $407.8M | ||
| Q4 24 | $229.9M | $614.6M | ||
| Q3 24 | $84.4M | $430.3M | ||
| Q2 24 | $248.2M | $518.1M | ||
| Q1 24 | $98.3M | $508.9M |
| 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 | 22.0% | 40.7% | ||
| Q3 25 | 21.0% | 42.3% | ||
| Q2 25 | 13.9% | 30.4% | ||
| Q1 25 | 16.7% | 34.8% | ||
| Q4 24 | 22.2% | 52.4% | ||
| Q3 24 | 16.3% | 36.7% | ||
| Q2 24 | 14.2% | 44.6% | ||
| Q1 24 | 15.7% | 44.3% |
| Q4 25 | 12.7% | 41.7% | ||
| Q3 25 | 11.4% | 41.8% | ||
| Q2 25 | 2.2% | 29.8% | ||
| Q1 25 | 7.4% | 34.5% | ||
| Q4 24 | 17.2% | 52.2% | ||
| Q3 24 | 6.6% | 36.2% | ||
| Q2 24 | 18.2% | 44.2% | ||
| Q1 24 | 6.8% | 44.0% |
| Q4 25 | $0.66 | $2.59 | ||
| Q3 25 | $0.58 | $2.62 | ||
| Q2 25 | $0.11 | $1.76 | ||
| Q1 25 | $0.35 | $2.04 | ||
| Q4 24 | $0.87 | $3.22 | ||
| Q3 24 | $0.32 | $2.16 | ||
| Q2 24 | $0.91 | $2.66 | ||
| Q1 24 | $0.36 | $2.60 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.3B | $318.1M |
| Total DebtLower is stronger | $6.4B | $10.3B |
| Stockholders' EquityBook value | $4.0B | $9.2B |
| Total Assets | $13.6B | $20.2B |
| Debt / EquityLower = less leverage | 1.58× | 1.11× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.3B | $318.1M | ||
| Q3 25 | $1.1B | $296.5M | ||
| Q2 25 | $1.2B | $1.1B | ||
| Q1 25 | $1.3B | $287.2M | ||
| Q4 24 | $1.1B | $447.4M | ||
| Q3 24 | $1.0B | $599.0M | ||
| Q2 24 | $1.3B | $542.3M | ||
| Q1 24 | $1.1B | $271.6M |
| Q4 25 | $6.4B | $10.3B | ||
| Q3 25 | $6.4B | $10.0B | ||
| Q2 25 | $6.4B | $10.4B | ||
| Q1 25 | $6.4B | $9.4B | ||
| Q4 24 | $6.4B | $9.4B | ||
| Q3 24 | $6.4B | $9.5B | ||
| Q2 24 | $6.4B | $9.4B | ||
| Q1 24 | $8.4B | $9.1B |
| Q4 25 | $4.0B | $9.2B | ||
| Q3 25 | $4.0B | $9.3B | ||
| Q2 25 | $3.9B | $9.4B | ||
| Q1 25 | $4.1B | $9.6B | ||
| Q4 24 | $4.2B | $9.7B | ||
| Q3 24 | $4.1B | $9.6B | ||
| Q2 24 | $4.2B | $9.7B | ||
| Q1 24 | $4.1B | $9.9B |
| Q4 25 | $13.6B | $20.2B | ||
| Q3 25 | $13.5B | $20.1B | ||
| Q2 25 | $13.8B | $20.5B | ||
| Q1 25 | $13.8B | $19.6B | ||
| Q4 24 | $13.7B | $19.8B | ||
| Q3 24 | $13.8B | $19.8B | ||
| Q2 24 | $14.2B | $19.8B | ||
| Q1 24 | $16.4B | $19.6B |
| Q4 25 | 1.58× | 1.11× | ||
| Q3 25 | 1.61× | 1.08× | ||
| Q2 25 | 1.62× | 1.11× | ||
| Q1 25 | 1.55× | 0.99× | ||
| Q4 24 | 1.51× | 0.96× | ||
| Q3 24 | 1.55× | 0.99× | ||
| Q2 24 | 1.52× | 0.97× | ||
| Q1 24 | 2.02× | 0.91× |
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 | $733.6M |
| Free Cash FlowOCF − Capex | $279.4M | — |
| FCF MarginFCF / Revenue | 21.1% | — |
| Capex IntensityCapex / Revenue | 3.0% | — |
| Cash ConversionOCF / Net Profit | 1.90× | 1.45× |
| TTM Free Cash FlowTrailing 4 quarters | $878.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $318.7M | $733.6M | ||
| Q3 25 | $147.8M | $875.1M | ||
| Q2 25 | $158.2M | $872.7M | ||
| Q1 25 | $402.2M | $705.1M | ||
| Q4 24 | $348.0M | $768.6M | ||
| Q3 24 | $-77.8M | $798.8M | ||
| Q2 24 | $185.2M | $895.3M | ||
| Q1 24 | $384.7M | $665.6M |
| Q4 25 | $279.4M | — | ||
| Q3 25 | $101.2M | — | ||
| Q2 25 | $124.0M | — | ||
| Q1 25 | $373.8M | — | ||
| Q4 24 | $306.7M | — | ||
| Q3 24 | $-117.1M | — | ||
| Q2 24 | $145.2M | — | ||
| Q1 24 | $348.2M | — |
| Q4 25 | 21.1% | — | ||
| Q3 25 | 7.9% | — | ||
| Q2 25 | 9.5% | — | ||
| Q1 25 | 29.8% | — | ||
| Q4 24 | 23.0% | — | ||
| Q3 24 | -9.2% | — | ||
| Q2 24 | 10.7% | — | ||
| Q1 24 | 24.1% | — |
| Q4 25 | 3.0% | — | ||
| Q3 25 | 3.6% | — | ||
| Q2 25 | 2.6% | — | ||
| Q1 25 | 2.3% | — | ||
| Q4 24 | 3.1% | — | ||
| Q3 24 | 3.1% | — | ||
| Q2 24 | 2.9% | — | ||
| Q1 24 | 2.5% | — |
| Q4 25 | 1.90× | 1.45× | ||
| Q3 25 | 1.01× | 1.71× | ||
| Q2 25 | 5.49× | 2.43× | ||
| Q1 25 | 4.33× | 1.73× | ||
| Q4 24 | 1.51× | 1.25× | ||
| Q3 24 | -0.92× | 1.86× | ||
| Q2 24 | 0.75× | 1.73× | ||
| Q1 24 | 3.91× | 1.31× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
PSA
| Self Storage Operations | $1.1B | 93% |
| Ancillary Operations | $86.9M | 7% |