• Open Text average pre-tax profit margin for 2023 was 6.02%, a 40.86% increase from 2022.
• Open Text average pre-tax profit margin for 2022 was 10.18%, a 46.25% decline from 2021.
• Open Text average pre-tax profit margin for 2021 was 18.94%, a 51.4% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.