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Side-by-side financial comparison of OPEN TEXT CORP (OTEX) and VALMONT INDUSTRIES INC (VMI). 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 1.2× VALMONT INDUSTRIES INC). VALMONT INDUSTRIES INC runs the higher net margin — 16.2% vs 13.5%, a 2.7% gap on every dollar of revenue. On growth, OPEN TEXT CORP posted the faster year-over-year revenue change (2.2% vs 0.1%). OPEN TEXT CORP produced more free cash flow last quarter ($305.0M vs $70.4M). Over the past eight quarters, VALMONT INDUSTRIES INC's revenue compounded faster (3.0% CAGR vs -3.0%).
Open Text Corporation is a global software company that develops and sells information management software.
Valmont Industries, Inc. is a large, publicly held American manufacturer of Valley center pivot and linear irrigation equipment, windmill support structures, lighting and traffic poles and steel utility poles.
OTEX vs VMI — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $1.0B |
| Net Profit | $172.7M | $168.0M |
| Gross Margin | 73.1% | 29.8% |
| Operating Margin | 15.7% | 11.2% |
| Net Margin | 13.5% | 16.2% |
| Revenue YoY | 2.2% | 0.1% |
| Net Profit YoY | — | 116.3% |
| EPS (diluted) | $0.70 | $9.02 |
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 | $1.0B | ||
| Q3 25 | $1.3B | $1.0B | ||
| Q2 25 | $1.3B | $1.1B | ||
| Q1 25 | $1.3B | $969.3M | ||
| Q4 24 | $1.3B | $1.0B | ||
| Q3 24 | $1.3B | $1.0B | ||
| Q2 24 | $1.4B | $1.0B |
| Q1 26 | $172.7M | — | ||
| Q4 25 | $168.1M | $168.0M | ||
| Q3 25 | $146.6M | $99.0M | ||
| Q2 25 | $28.8M | $-4.0M | ||
| Q1 25 | $92.8M | $87.3M | ||
| Q4 24 | $229.9M | $77.7M | ||
| Q3 24 | $84.4M | $83.1M | ||
| Q2 24 | $248.2M | $99.7M |
| Q1 26 | 73.1% | — | ||
| Q4 25 | 74.0% | 29.8% | ||
| Q3 25 | 72.8% | 30.4% | ||
| Q2 25 | 72.3% | 30.6% | ||
| Q1 25 | 71.6% | 30.0% | ||
| Q4 24 | 73.3% | 30.2% | ||
| Q3 24 | 71.7% | 29.6% | ||
| Q2 24 | 72.5% | 30.8% |
| Q1 26 | 15.7% | — | ||
| Q4 25 | 22.0% | 11.2% | ||
| Q3 25 | 21.0% | 13.5% | ||
| Q2 25 | 13.9% | 2.8% | ||
| Q1 25 | 16.7% | 13.2% | ||
| Q4 24 | 22.2% | 11.6% | ||
| Q3 24 | 16.3% | 12.3% | ||
| Q2 24 | 14.2% | 14.2% |
| Q1 26 | 13.5% | — | ||
| Q4 25 | 12.7% | 16.2% | ||
| Q3 25 | 11.4% | 9.5% | ||
| Q2 25 | 2.2% | -0.4% | ||
| Q1 25 | 7.4% | 9.0% | ||
| Q4 24 | 17.2% | 7.5% | ||
| Q3 24 | 6.6% | 8.1% | ||
| Q2 24 | 18.2% | 9.6% |
| Q1 26 | $0.70 | — | ||
| Q4 25 | $0.66 | $9.02 | ||
| Q3 25 | $0.58 | $4.98 | ||
| Q2 25 | $0.11 | $-1.53 | ||
| Q1 25 | $0.35 | $4.32 | ||
| Q4 24 | $0.87 | $3.85 | ||
| Q3 24 | $0.32 | $4.11 | ||
| Q2 24 | $0.91 | $4.91 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.3B | $187.1M |
| Total DebtLower is stronger | $6.2B | $795.7M |
| Stockholders' EquityBook value | $4.0B | $1.6B |
| Total Assets | $13.3B | $3.4B |
| Debt / EquityLower = less leverage | 1.57× | 0.49× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $187.1M | ||
| Q3 25 | $1.1B | $226.1M | ||
| Q2 25 | $1.2B | $208.5M | ||
| Q1 25 | $1.3B | $184.4M | ||
| Q4 24 | $1.1B | $164.3M | ||
| Q3 24 | $1.0B | $200.5M | ||
| Q2 24 | $1.3B | $163.1M |
| Q1 26 | $6.2B | — | ||
| Q4 25 | $6.4B | $795.7M | ||
| Q3 25 | $6.4B | — | ||
| Q2 25 | $6.4B | — | ||
| Q1 25 | $6.4B | — | ||
| Q4 24 | $6.4B | $730.6M | ||
| Q3 24 | $6.4B | — | ||
| Q2 24 | $6.4B | — |
| Q1 26 | $4.0B | — | ||
| Q4 25 | $4.0B | $1.6B | ||
| Q3 25 | $4.0B | $1.6B | ||
| Q2 25 | $3.9B | $1.5B | ||
| Q1 25 | $4.1B | $1.6B | ||
| Q4 24 | $4.2B | $1.5B | ||
| Q3 24 | $4.1B | $1.5B | ||
| Q2 24 | $4.2B | $1.5B |
| Q1 26 | $13.3B | — | ||
| Q4 25 | $13.6B | $3.4B | ||
| Q3 25 | $13.5B | $3.4B | ||
| Q2 25 | $13.8B | $3.3B | ||
| Q1 25 | $13.8B | $3.4B | ||
| Q4 24 | $13.7B | $3.3B | ||
| Q3 24 | $13.8B | $3.5B | ||
| Q2 24 | $14.2B | $3.5B |
| Q1 26 | 1.57× | — | ||
| Q4 25 | 1.58× | 0.49× | ||
| Q3 25 | 1.61× | — | ||
| Q2 25 | 1.62× | — | ||
| Q1 25 | 1.55× | — | ||
| Q4 24 | 1.51× | 0.47× | ||
| 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 | $354.6M | $111.2M |
| Free Cash FlowOCF − Capex | $305.0M | $70.4M |
| FCF MarginFCF / Revenue | 23.8% | 6.8% |
| Capex IntensityCapex / Revenue | 3.9% | 3.9% |
| Cash ConversionOCF / Net Profit | 2.05× | 0.66× |
| TTM Free Cash FlowTrailing 4 quarters | $809.6M | $311.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $354.6M | — | ||
| Q4 25 | $318.7M | $111.2M | ||
| Q3 25 | $147.8M | $112.5M | ||
| Q2 25 | $158.2M | $167.6M | ||
| Q1 25 | $402.2M | $65.1M | ||
| Q4 24 | $348.0M | $193.4M | ||
| Q3 24 | $-77.8M | $225.1M | ||
| Q2 24 | $185.2M | $130.8M |
| Q1 26 | $305.0M | — | ||
| Q4 25 | $279.4M | $70.4M | ||
| Q3 25 | $101.2M | $70.6M | ||
| Q2 25 | $124.0M | $135.6M | ||
| Q1 25 | $373.8M | $34.8M | ||
| Q4 24 | $306.7M | $167.8M | ||
| Q3 24 | $-117.1M | $204.6M | ||
| Q2 24 | $145.2M | $112.5M |
| Q1 26 | 23.8% | — | ||
| Q4 25 | 21.1% | 6.8% | ||
| Q3 25 | 7.9% | 6.7% | ||
| Q2 25 | 9.5% | 12.9% | ||
| Q1 25 | 29.8% | 3.6% | ||
| Q4 24 | 23.0% | 16.2% | ||
| Q3 24 | -9.2% | 20.1% | ||
| Q2 24 | 10.7% | 10.8% |
| Q1 26 | 3.9% | — | ||
| Q4 25 | 3.0% | 3.9% | ||
| Q3 25 | 3.6% | 4.0% | ||
| Q2 25 | 2.6% | 3.0% | ||
| Q1 25 | 2.3% | 3.1% | ||
| Q4 24 | 3.1% | 2.5% | ||
| Q3 24 | 3.1% | 2.0% | ||
| Q2 24 | 2.9% | 1.8% |
| Q1 26 | 2.05× | — | ||
| Q4 25 | 1.90× | 0.66× | ||
| Q3 25 | 1.01× | 1.14× | ||
| Q2 25 | 5.49× | — | ||
| Q1 25 | 4.33× | 0.75× | ||
| Q4 24 | 1.51× | 2.49× | ||
| Q3 24 | -0.92× | 2.71× | ||
| Q2 24 | 0.75× | 1.31× |
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% |
VMI
| Utility Product Line | $424.5M | 41% |
| Lighting And Transportation | $204.6M | 20% |
| Irrigation Equipment And Parts Excluding Technology | $199.0M | 19% |
| Services | $113.6M | 11% |
| Telecommunications | $73.8M | 7% |
| Technology Products And Services | $23.7M | 2% |
