OpenText
OTEX Β· Application Software
$27.95
0.0%Palantir
PLTR Β· Application Software
$196.75
0.3%The short version
- OpenText is the larger business, with $5.2B of revenue in fiscal 2026 against $4.5B for Palantir.
- Palantir grew revenue faster (56.2%, against 1.5%).
- Palantir kept more of each dollar of sales as operating profit (31.6% operating margin, against 20.6% operating margin).
- Palantir turned more of its sales into free cash flow (46.9% FCF margin, against 15.4% FCF margin).
- Investors pay more for each dollar of Palantirβs earnings: a P/E of 169.6x against 10.8x for OpenText.
| Latest fiscal year | OTEX Β· FY26 | PLTR Β· FY25 |
|---|---|---|
| Size | ||
| Market cap | $7.0B | $505.4B |
| Revenue | $5.2B | $4.5B |
| Free cash flow | $808M | $2.1B |
| Net income | $643M | $1.6B |
| Growth | ||
| Revenue growth | 1.5% | 56.2% |
| 5-year growth | 9.2% | 32.6% |
| Share count change | β5.4% | 4.7% |
| Profitability | ||
| Gross margin | 73.7% | 82.4% |
| Operating margin | 20.6% | 31.6% |
| Net margin | 12.3% | 36.3% |
| FCF margin | 15.4% | 46.9% |
| Return on capital | 9.0% | β |
| Return on equity | 16.2% | 26.2% |
| Balance sheet | ||
| Net debt | $4.8B | β$7.2B |
| Net debt / EBITDA | 3.2x | β5.0x |
| Dividends and buybacks | $685M | $75.0M |
| Valuation & quality | ||
| P/E | 10.8x | 169.6x |
| Piotroski F-score | 9 | 7 |
FY17
OTEX $2.3B
PLTR β
FY18
OTEX $2.8B
PLTR $595M
FY19
OTEX $2.9B
PLTR $743M
FY20
OTEX $3.1B
PLTR $1.1B
FY21
OTEX $3.4B
PLTR $1.5B
FY22
OTEX $3.5B
PLTR $1.9B
FY23
OTEX $4.5B
PLTR $2.2B
FY24
OTEX $5.8B
PLTR $2.9B
FY25
OTEX $5.2B
PLTR $4.5B
FY26
OTEX $5.2B
PLTR β
OTEX
PLTR
FY17
OTEX 15.5%
PLTR β
FY18
OTEX 18.0%
PLTR β104.7%
FY19
OTEX 19.8%
PLTR β77.6%
FY20
OTEX 16.2%
PLTR β107.4%
FY21
OTEX 21.9%
PLTR β26.7%
FY22
OTEX 18.5%
PLTR β8.5%
FY23
OTEX 11.5%
PLTR 5.4%
FY24
OTEX 15.4%
PLTR 10.8%
FY25
OTEX 17.3%
PLTR 31.6%
FY26
OTEX 20.6%
PLTR β
OTEX
PLTR
FY17
OTEX $361M
PLTR β
FY18
OTEX $603M
PLTR β$52.0M
FY19
OTEX $812M
PLTR β$178M
FY20
OTEX $882M
PLTR β$309M
FY21
OTEX $812M
PLTR $321M
FY22
OTEX $889M
PLTR $184M
FY23
OTEX $655M
PLTR $697M
FY24
OTEX $808M
PLTR $1.1B
FY25
OTEX $687M
PLTR $2.1B
FY26
OTEX $808M
PLTR β
OTEX
PLTR
FY17
OTEX 8.4%
PLTR β
FY18
OTEX 5.6%
PLTR β
FY19
OTEX 6.6%
PLTR β
FY20
OTEX 5.7%
PLTR β
FY21
OTEX 5.9%
PLTR β
FY22
OTEX 7.9%
PLTR β
FY23
OTEX 3.9%
PLTR β
FY24
OTEX 5.4%
PLTR β
FY25
OTEX 8.7%
PLTR β
FY26
OTEX 9.0%
PLTR β
OTEX
PLTR
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Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.