Open Text (OTEX) Revenue & Revenue Breakdown

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Open Text Revenue Highlights

Latest Revenue (Y)

$5.77B

Latest Revenue (Q)

$1.27B

Main Segment (Y)

Cloud Revenues And Customer Support Revenues

Main Geography (Y)

UNITED STATES

Open Text Revenue by Period

Open Text Revenue by Year

Date	Revenue	Change
2024-06-30	$5.77B	28.64%
2023-06-30	$4.48B	28.37%
2022-06-30	$3.49B	3.18%
2021-06-30	$3.39B	8.89%
2020-06-30	$3.11B	8.40%
2019-06-30	$2.87B	1.90%
2018-06-30	$2.82B	22.88%
2017-06-30	$2.29B	25.59%
2016-06-30	$1.82B	-1.50%
2015-06-30	$1.85B	13.99%
2014-06-30	$1.62B	19.17%
2013-06-30	$1.36B	12.91%
2012-06-30	$1.21B	16.86%
2011-06-30	$1.03B	13.30%
2010-06-30	$912.02M	16.08%
2009-06-30	$785.66M	8.29%
2008-06-30	$725.53M	21.80%
2007-06-30	$595.66M	45.44%
2006-06-30	$409.56M	-1.27%
2005-06-30	$414.83M	42.52%
2004-06-30	$291.06M	63.77%
2003-06-30	$177.72M	16.56%
2002-06-30	$152.48M	3.23%
2001-06-30	$147.70M	30.77%
2000-06-30	$112.94M	22.10%
1999-06-30	$92.50M	104.19%
1998-06-30	$45.30M	100.44%
1997-06-30	$22.60M	126.00%
1996-06-30	$10.00M	-

Open Text generated $5.77B in revenue during NA 2024, up 28.64% compared to the previous quarter, and up 201.12% compared to the same period a year ago.

Open Text Revenue by Quarter

Date	Revenue	Change
2024-09-30	$1.27B	-6.82%
2024-06-30	$1.36B	-5.47%
2024-03-31	$1.44B	-6.14%
2023-12-31	$1.53B	7.68%
2023-09-30	$1.43B	-4.39%
2023-06-30	$1.49B	19.78%
2023-03-31	$1.24B	38.69%
2022-12-31	$897.44M	5.33%
2022-09-30	$852.04M	-5.59%
2022-06-30	$902.45M	2.29%
2022-03-31	$882.28M	0.63%
2021-12-31	$876.80M	5.35%
2021-09-30	$832.31M	-6.85%
2021-06-30	$893.53M	7.28%
2021-03-31	$832.93M	-2.65%
2020-12-31	$855.64M	6.42%
2020-09-30	$804.01M	-2.73%
2020-06-30	$826.61M	1.46%
2020-03-31	$814.68M	5.59%
2019-12-31	$771.56M	10.71%
2019-09-30	$696.89M	-6.74%
2019-06-30	$747.22M	3.90%
2019-03-31	$719.15M	-2.19%
2018-12-31	$735.23M	10.20%
2018-09-30	$667.16M	-11.55%
2018-06-30	$754.27M	9.97%
2018-03-31	$685.88M	-6.61%
2017-12-31	$734.40M	14.63%
2017-09-30	$640.69M	-3.45%
2017-06-30	$663.55M	11.87%
2017-03-31	$593.13M	9.29%
2016-12-31	$542.71M	10.38%
2016-09-30	$491.66M	1.62%
2016-06-30	$483.80M	9.82%
2016-03-31	$440.54M	-5.33%
2015-12-31	$465.35M	7.09%
2015-09-30	$434.54M	-9.98%
2015-06-30	$482.71M	7.85%
2015-03-31	$447.58M	-4.33%
2014-12-31	$467.85M	3.10%
2014-09-30	$453.79M	-8.14%
2014-06-30	$493.98M	11.57%
2014-03-31	$442.75M	21.80%
2013-12-31	$363.51M	12.03%
2013-09-30	$324.46M	-6.57%
2013-06-30	$347.27M	2.83%
2013-03-31	$337.69M	-4.11%
2012-12-31	$352.18M	7.97%
2012-09-30	$326.19M	6.73%
2012-06-30	$305.62M	4.54%
2012-03-31	$292.35M	-9.06%
2011-12-31	$321.46M	11.60%
2011-09-30	$288.05M	0.91%
2011-06-30	$285.45M	8.56%
2011-03-31	$262.96M	-1.69%
2010-12-31	$267.49M	23.04%
2010-09-30	$217.41M	-9.43%
2010-06-30	$240.03M	12.81%
2010-03-31	$212.78M	-14.13%
2009-12-31	$247.79M	17.20%
2009-09-30	$211.42M	3.97%
2009-06-30	$203.36M	5.90%
2009-03-31	$192.03M	-7.52%
2008-12-31	$207.65M	13.70%
2008-09-30	$182.62M	-8.81%
2008-06-30	$200.27M	12.03%
2008-03-31	$178.76M	-

Open Text generated $1.27B in revenue during Q1 2025, up -6.82% compared to the previous quarter, and up 85.12% compared to the same period a year ago.

Open Text Revenue Breakdown

Open Text Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Jun 24	Jun 23	Jun 22	Jun 21	Jun 20
Cloud Revenues And Customer Support Revenues	$4.53B	$3.62B	$2.87B	$2.74B	$2.43B
Cloud Services And Subscriptions	$1.82B	$1.70B	$1.54B	$1.41B	$1.16B
Customer Support	$2.71B	$1.92B	$1.33B	$1.33B	$1.28B
License	$834.16M	$539.03M	$358.35M	$384.71M	$402.85M
Professional Service And Other	$401.59M	$330.50M	$269.51M	$259.90M	$273.61M

Open Text's latest annual revenue breakdown by segment (product or service), as of Jun 24: Cloud Revenues And Customer Support Revenues (44.00%), Customer Support (26.33%), Cloud Services And Subscriptions (17.67%), License (8.10%), and Professional Service And Other (3.90%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Professional Service And Other	$90.68M	$97.34M	$100.80M	$99.78M	$103.68M	$105.10M	$93.62M	$64.30M	$67.49M	$67.83M	$67.18M	$67.55M	$66.95M	$66.57M	$64.87M	$63.35M	$65.11M	$63.28M	$71.30M	$69.61M
Cloud Revenues And Customer Support Revenues	$1.05B	$1.09B	$1.15B	$1.15B	$1.15B	$1.16B	$1.01B	$725.18M	$722.00M	$739.93M	$734.46M	$699.76M	$691.83M	$694.42M	$691.76M	$684.95M	$670.38M	$657.53M	$662.33M	$563.85M
Cloud Services And Subscriptions	$457.02M	$464.89M	$454.53M	$450.09M	$451.01M	$451.66M	$435.45M	$408.67M	$404.65M	$411.60M	$401.95M	$364.89M	$356.59M	$360.16M	$355.85M	$350.45M	$340.99M	$332.62M	$339.46M	$248.34M
Customer Support	$595.49M	$628.38M	$691.44M	$695.76M	$697.71M	$705.28M	$575.88M	$316.51M	$317.35M	$328.34M	$332.51M	$334.88M	$335.24M	$334.26M	$335.92M	$334.49M	$329.40M	$324.92M	$322.87M	$315.51M
License	$125.81M	$171.53M	$200.36M	$289.24M	$173.03M	$228.80M	$139.72M	$107.96M	$62.55M	$94.69M	$80.64M	$109.49M	$73.53M	$132.54M	$76.30M	$107.35M	$68.52M	$105.80M	$81.06M	$138.09M

Open Text's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Cloud Revenues And Customer Support Revenues (45.34%), Customer Support (25.65%), Cloud Services And Subscriptions (19.69%), License (5.42%), and Professional Service And Other (3.91%).

Open Text Revenue Breakdown by Country

Annual Revenue by Country

Country	Jun 24	Jun 23	Jun 22	Jun 21	Jun 20
UNITED STATES	$3.03B	$2.52B	$1.97B	$1.87B	$1.72B
All Other Countries	$668.59M	$469.95M	$312.83M	$317.46M	$298.12M
CANADA	$238.74M	$186.01M	$186.21M	$166.43M	$149.46M
GERMANY	$394.07M	$291.77M	$241.51M	$212.01M	$195.29M
Rest of EMEA	$1.13B	$808.82M	$586.24M	$623.87M	$560.24M

Open Text's latest annual revenue breakdown by geography, as of Jun 24: UNITED STATES (55.51%), Rest of EMEA (20.66%), All Other Countries (12.25%), GERMANY (7.22%), and CANADA (4.37%).

Quarterly Revenue by Country

Country	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Asia Pacific	$121.53M	$137.13M	$145.70M	$134.76M	$131.29M	$114.25M	$78.53M	$65.89M	$69.30M	$68.43M	$74.27M	$68.02M	$81.20M	$67.03M	$67.77M	$69.42M	$63.82M	$64.37M	$68.60M	$67.01M
Americas	$728.24M	$828.83M	$884.29M	$845.23M	$892.61M	$751.00M	$583.60M	$557.79M	$571.66M	$560.97M	$535.31M	$519.69M	$535.68M	$507.89M	$516.85M	$508.66M	$523.47M	$509.78M	$450.69M	$419.71M
EMEA	$419.23M	$481.18M	$504.88M	$445.44M	$466.93M	$379.43M	$235.31M	$228.35M	$261.49M	$252.89M	$267.22M	$244.60M	$276.64M	$258.01M	$271.02M	$225.94M	$239.32M	$240.53M	$252.27M	$210.17M

Open Text's latest quarterly revenue breakdown by geography, as of Sep 24: Americas (57.39%), EMEA (33.04%), and Asia Pacific (9.58%).

Open Text Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
SAP	SAP SE	$31.21B	$8.04B
ROP	Roper	$6.18B	$1.76B
OTEX	Open Text	$5.77B	$1.27B
SSNC	SS&C Technologies	$5.50B	$1.47B
CDNS	Cadence Design Systems	$4.09B	$1.22B
PTC	PTC	$2.30B	$626.55M
ANSS	ANSYS	$2.27B	$601.89M
TYL	Tyler	$1.95B	$543.34M
PAYC	Paycom Software	$1.69B	$451.93M
BSY	Bentley Systems	$1.23B	$335.17M
AZPN	Aspen	$1.13B	$215.88M
BLKB	Blackbaud	$1.11B	$286.73M
GWRE	Guidewire Software	$980.50M	$262.90M
MANH	Manhattan Associates	$928.73M	$266.68M
LSPD	Lightspeed Commerce	$905.28M	$229.19M
ETWO	E2open Parent	$634.55M	$151.16M
DSGX	Descartes Systems Group	$575.23M	$149.11M
ENFN	Enfusion	$174.53M	$51.17M

OTEX Revenue FAQ

What is Open Text’s yearly revenue?

Open Text's yearly revenue for 2024 was $5.77B, representing an increase of 28.64% compared to 2023. The company's yearly revenue for 2023 was $4.48B, representing an increase of 28.37% compared to 2022. OTEX's yearly revenue for 2022 was $3.49B, representing an increase of 3.18% compared to 2021.

What is Open Text’s quarterly revenue?

Open Text's quarterly revenue for Q1 2025 was $1.27B, a -6.82% decrease from the previous quarter (Q4 2024), and a -10.97% decrease year-over-year (Q1 2024). The company's quarterly revenue for Q4 2024 was $1.36B, a -5.47% decrease from the previous quarter (Q3 2024), and a -8.65% decrease year-over-year (Q4 2023). OTEX's quarterly revenue for Q3 2024 was $1.44B, a -6.14% decrease from the previous quarter (Q2 2024), and a 15.75% increase year-over-year (Q3 2023).

What is Open Text’s revenue growth rate?

Open Text's revenue growth rate for the last 3 years (2022-2024) was 65.14%, and for the last 5 years (2020-2024) was 85.53%.

What are Open Text’s revenue streams?

Open Text's revenue streams in n 24 are Cloud Revenues And Customer Support Revenues, Cloud Services And Subscriptions, Customer Support, License, and Professional Service And Other. Cloud Revenues And Customer Support Revenues generated $4.53B in revenue, accounting 44.00% of the company's total revenue, up 25.40% year-over-year. Cloud Services And Subscriptions generated $1.82B in revenue, accounting 17.67% of the company's total revenue, up 7.06% year-over-year. Customer Support generated $2.71B in revenue, accounting 26.33% of the company's total revenue, up 41.69% year-over-year. License generated $834.16M in revenue, accounting 8.10% of the company's total revenue, up 54.75% year-over-year. Professional Service And Other generated $401.59M in revenue, accounting 3.90% of the company's total revenue, up 21.51% year-over-year.

What is Open Text’s main source of revenue?

For the fiscal year ending Jun 24, the largest source of revenue of Open Text was Cloud Revenues And Customer Support Revenues. This segment made a revenue of $4.53B, representing 44.00% of the company's total revenue.