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Side-by-side financial comparison of OPEN TEXT CORP (OTEX) and RESIDEO TECHNOLOGIES, INC. (REZI). Click either name above to swap in a different company.
RESIDEO TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($1.9B vs $1.3B, roughly 1.5× OPEN TEXT CORP). OPEN TEXT CORP runs the higher net margin — 13.5% vs 7.2%, a 6.3% gap on every dollar of revenue. On growth, OPEN TEXT CORP posted the faster year-over-year revenue change (2.2% vs 2.0%). OPEN TEXT CORP produced more free cash flow last quarter ($305.0M vs $262.0M). Over the past eight quarters, RESIDEO TECHNOLOGIES, INC.'s revenue compounded faster (12.9% CAGR vs -3.0%).
Open Text Corporation is a global software company that develops and sells information management software.
Resideo Technologies, Inc. is an American multinational company that was formed in 2018 out of a spin-off from Honeywell. It provides room air temperature, quality, and humidity control and security systems primarily in residential dwellings in the U.S. and internationally. The company operates in two segments: products and distribution. It manufactures and distributes smart-home and software products, including temperature and lighting control, security, and water and air monitoring. The com...
OTEX vs REZI — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $1.9B |
| Net Profit | $172.7M | $136.0M |
| Gross Margin | 73.1% | 29.6% |
| Operating Margin | 15.7% | 7.4% |
| Net Margin | 13.5% | 7.2% |
| Revenue YoY | 2.2% | 2.0% |
| Net Profit YoY | — | 491.3% |
| EPS (diluted) | $0.70 | $0.99 |
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 | $1.3B | — | ||
| Q4 25 | $1.3B | $1.9B | ||
| Q3 25 | $1.3B | $1.9B | ||
| Q2 25 | $1.3B | $1.9B | ||
| Q1 25 | $1.3B | $1.8B | ||
| Q4 24 | $1.3B | $1.9B | ||
| Q3 24 | $1.3B | $1.8B | ||
| Q2 24 | $1.4B | $1.6B |
| Q1 26 | $172.7M | — | ||
| Q4 25 | $168.1M | $136.0M | ||
| Q3 25 | $146.6M | $156.0M | ||
| Q2 25 | $28.8M | $-825.0M | ||
| Q1 25 | $92.8M | $6.0M | ||
| Q4 24 | $229.9M | $23.0M | ||
| Q3 24 | $84.4M | $20.0M | ||
| Q2 24 | $248.2M | $30.0M |
| Q1 26 | 73.1% | — | ||
| Q4 25 | 74.0% | 29.6% | ||
| Q3 25 | 72.8% | 29.8% | ||
| Q2 25 | 72.3% | 29.3% | ||
| Q1 25 | 71.6% | 28.9% | ||
| Q4 24 | 73.3% | 28.5% | ||
| Q3 24 | 71.7% | 28.7% | ||
| Q2 24 | 72.5% | 28.1% |
| Q1 26 | 15.7% | — | ||
| Q4 25 | 22.0% | 7.4% | ||
| Q3 25 | 21.0% | 8.3% | ||
| Q2 25 | 13.9% | 9.1% | ||
| Q1 25 | 16.7% | 7.7% | ||
| Q4 24 | 22.2% | 7.8% | ||
| Q3 24 | 16.3% | 6.9% | ||
| Q2 24 | 14.2% | 7.7% |
| Q1 26 | 13.5% | — | ||
| Q4 25 | 12.7% | 7.2% | ||
| Q3 25 | 11.4% | 8.4% | ||
| Q2 25 | 2.2% | -42.5% | ||
| Q1 25 | 7.4% | 0.3% | ||
| Q4 24 | 17.2% | 1.2% | ||
| Q3 24 | 6.6% | 1.1% | ||
| Q2 24 | 18.2% | 1.9% |
| Q1 26 | $0.70 | — | ||
| Q4 25 | $0.66 | $0.99 | ||
| Q3 25 | $0.58 | $0.85 | ||
| Q2 25 | $0.11 | $-5.59 | ||
| Q1 25 | $0.35 | $-0.02 | ||
| Q4 24 | $0.87 | $0.06 | ||
| Q3 24 | $0.32 | $0.07 | ||
| Q2 24 | $0.91 | $0.19 |
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 | $661.0M |
| Total DebtLower is stronger | $6.2B | $3.2B |
| Stockholders' EquityBook value | $4.0B | $2.9B |
| Total Assets | $13.3B | $8.4B |
| Debt / EquityLower = less leverage | 1.57× | 1.11× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $661.0M | ||
| Q3 25 | $1.1B | $345.0M | ||
| Q2 25 | $1.2B | $753.0M | ||
| Q1 25 | $1.3B | $577.0M | ||
| Q4 24 | $1.1B | $692.0M | ||
| Q3 24 | $1.0B | $531.0M | ||
| Q2 24 | $1.3B | $413.0M |
| Q1 26 | $6.2B | — | ||
| Q4 25 | $6.4B | $3.2B | ||
| Q3 25 | $6.4B | $3.2B | ||
| Q2 25 | $6.4B | $2.0B | ||
| Q1 25 | $6.4B | $2.0B | ||
| Q4 24 | $6.4B | $2.0B | ||
| Q3 24 | $6.4B | $2.0B | ||
| Q2 24 | $6.4B | $2.0B |
| Q1 26 | $4.0B | — | ||
| Q4 25 | $4.0B | $2.9B | ||
| Q3 25 | $4.0B | $2.8B | ||
| Q2 25 | $3.9B | $2.6B | ||
| Q1 25 | $4.1B | $3.3B | ||
| Q4 24 | $4.2B | $3.3B | ||
| Q3 24 | $4.1B | $3.4B | ||
| Q2 24 | $4.2B | $3.3B |
| Q1 26 | $13.3B | — | ||
| Q4 25 | $13.6B | $8.4B | ||
| Q3 25 | $13.5B | $8.2B | ||
| Q2 25 | $13.8B | $8.5B | ||
| Q1 25 | $13.8B | $8.1B | ||
| Q4 24 | $13.7B | $8.2B | ||
| Q3 24 | $13.8B | $8.1B | ||
| Q2 24 | $14.2B | $8.0B |
| Q1 26 | 1.57× | — | ||
| Q4 25 | 1.58× | 1.11× | ||
| Q3 25 | 1.61× | 1.17× | ||
| Q2 25 | 1.62× | 0.77× | ||
| Q1 25 | 1.55× | 0.60× | ||
| Q4 24 | 1.51× | 0.61× | ||
| Q3 24 | 1.55× | 0.60× | ||
| Q2 24 | 1.52× | 0.61× |
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 | $354.6M | $299.0M |
| Free Cash FlowOCF − Capex | $305.0M | $262.0M |
| FCF MarginFCF / Revenue | 23.8% | 13.8% |
| Capex IntensityCapex / Revenue | 3.9% | 2.0% |
| Cash ConversionOCF / Net Profit | 2.05× | 2.20× |
| TTM Free Cash FlowTrailing 4 quarters | $809.6M | $-1.3B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $354.6M | — | ||
| Q4 25 | $318.7M | $299.0M | ||
| Q3 25 | $147.8M | $-1.6B | ||
| Q2 25 | $158.2M | $200.0M | ||
| Q1 25 | $402.2M | $-65.0M | ||
| Q4 24 | $348.0M | $203.0M | ||
| Q3 24 | $-77.8M | $147.0M | ||
| Q2 24 | $185.2M | $92.0M |
| Q1 26 | $305.0M | — | ||
| Q4 25 | $279.4M | $262.0M | ||
| Q3 25 | $101.2M | $-1.6B | ||
| Q2 25 | $124.0M | $180.0M | ||
| Q1 25 | $373.8M | $-96.0M | ||
| Q4 24 | $306.7M | $181.0M | ||
| Q3 24 | $-117.1M | $125.0M | ||
| Q2 24 | $145.2M | $77.0M |
| Q1 26 | 23.8% | — | ||
| Q4 25 | 21.1% | 13.8% | ||
| Q3 25 | 7.9% | -85.8% | ||
| Q2 25 | 9.5% | 9.3% | ||
| Q1 25 | 29.8% | -5.4% | ||
| Q4 24 | 23.0% | 9.7% | ||
| Q3 24 | -9.2% | 6.8% | ||
| Q2 24 | 10.7% | 4.8% |
| Q1 26 | 3.9% | — | ||
| Q4 25 | 3.0% | 2.0% | ||
| Q3 25 | 3.6% | 1.5% | ||
| Q2 25 | 2.6% | 1.0% | ||
| Q1 25 | 2.3% | 1.8% | ||
| Q4 24 | 3.1% | 1.2% | ||
| Q3 24 | 3.1% | 1.2% | ||
| Q2 24 | 2.9% | 0.9% |
| Q1 26 | 2.05× | — | ||
| Q4 25 | 1.90× | 2.20× | ||
| Q3 25 | 1.01× | -10.07× | ||
| Q2 25 | 5.49× | — | ||
| Q1 25 | 4.33× | -10.83× | ||
| Q4 24 | 1.51× | 8.83× | ||
| Q3 24 | -0.92× | 7.35× | ||
| Q2 24 | 0.75× | 3.07× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OTEX
| Customer support | $564.8M | 44% |
| Cloud services and subscriptions | $492.9M | 38% |
| License | $145.1M | 11% |
| Professional service and other | $79.6M | 6% |
REZI
| ADI Global Distribution Segment | $1.2B | 62% |
| Safety And Security | $257.0M | 14% |
| Air | $211.0M | 11% |
| Energy Service | $153.0M | 8% |
| Public Utilities Inventory Water | $91.0M | 5% |
