OpenText vs Palantir
OpenText reported revenue of $5.2 billion in fiscal 2026, 1.2 times Palantir's $4.5 billion in fiscal 2025. OpenText's revenue grew 1.5% in its latest year, and Palantir's grew 56.2%. OpenText had an operating margin of 20.6%, against 31.6% at Palantir. Free cash flow was $808 million at OpenText and $2.1 billion at Palantir. Their fiscal years end in different months (June 30 and December 31), so the periods don't line up exactly.
Side by side
| OpenText | Palantir | |
|---|---|---|
| Latest fiscal year | FY2026, Jun 30, 2026 | FY2025, Dec 31, 2025 |
| Revenue | $5.2B | $4.5B |
| Revenue growth | 1.5% | 56.2% |
| Revenue growth a year, last 5 years | 9.2% | 32.6% |
| Gross margin | 73.7% | 82.4% |
| Operating margin | 20.6% | 31.6% |
| Net margin | 12.3% | 36.3% |
| Free cash flow | $808M | $2.1B |
| Free cash flow margin | 15.4% | 46.9% |
| Return on capital | 9.0% | — |
| Net debt to EBITDA | 3.2x | −5.0x |
| Dividends and buybacks | $685M | $75M |
| Change in diluted share count | −5.4% | 4.7% |
| Last close | $27.63 | $198.84 |
| P/E at the last close | 10.7× | 171.4× |
| Insider trades, last 12 months | — | sold $876.7 million |
| Piotroski F-score | 9 of 9 | 7 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
OpenTextPalantir
Operating margin
Percent of revenue
OpenTextPalantir
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
OpenTextPalantir
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the OpenText and Palantir pages.