• Open Text average pre-tax profit margin for 2023 was 6.13%, a 52.59% increase from 2022.
• Open Text average pre-tax profit margin for 2022 was 12.93%, a 28.76% decline from 2021.
• Open Text average pre-tax profit margin for 2021 was 18.15%, a 44.16% decline from 2020.

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