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

DateRevenueChange
2024-06-30$5.77B28.64%
2023-06-30$4.48B28.37%
2022-06-30$3.49B3.18%
2021-06-30$3.39B8.89%
2020-06-30$3.11B8.40%
2019-06-30$2.87B1.90%
2018-06-30$2.82B22.88%
2017-06-30$2.29B25.59%
2016-06-30$1.82B-1.50%
2015-06-30$1.85B13.99%
2014-06-30$1.62B19.17%
2013-06-30$1.36B12.91%
2012-06-30$1.21B16.86%
2011-06-30$1.03B13.30%
2010-06-30$912.02M16.08%
2009-06-30$785.66M8.29%
2008-06-30$725.53M21.80%
2007-06-30$595.66M45.44%
2006-06-30$409.56M-1.27%
2005-06-30$414.83M42.52%
2004-06-30$291.06M63.77%
2003-06-30$177.72M16.56%
2002-06-30$152.48M3.23%
2001-06-30$147.70M30.77%
2000-06-30$112.94M22.10%
1999-06-30$92.50M104.19%
1998-06-30$45.30M100.44%
1997-06-30$22.60M126.00%
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

DateRevenueChange
2024-09-30$1.27B-6.82%
2024-06-30$1.36B-5.47%
2024-03-31$1.44B-6.14%
2023-12-31$1.53B7.68%
2023-09-30$1.43B-4.39%
2023-06-30$1.49B19.78%
2023-03-31$1.24B38.69%
2022-12-31$897.44M5.33%
2022-09-30$852.04M-5.59%
2022-06-30$902.45M2.29%
2022-03-31$882.28M0.63%
2021-12-31$876.80M5.35%
2021-09-30$832.31M-6.85%
2021-06-30$893.53M7.28%
2021-03-31$832.93M-2.65%
2020-12-31$855.64M6.42%
2020-09-30$804.01M-2.73%
2020-06-30$826.61M1.46%
2020-03-31$814.68M5.59%
2019-12-31$771.56M10.71%
2019-09-30$696.89M-6.74%
2019-06-30$747.22M3.90%
2019-03-31$719.15M-2.19%
2018-12-31$735.23M10.20%
2018-09-30$667.16M-11.55%
2018-06-30$754.27M9.97%
2018-03-31$685.88M-6.61%
2017-12-31$734.40M14.63%
2017-09-30$640.69M-3.45%
2017-06-30$663.55M11.87%
2017-03-31$593.13M9.29%
2016-12-31$542.71M10.38%
2016-09-30$491.66M1.62%
2016-06-30$483.80M9.82%
2016-03-31$440.54M-5.33%
2015-12-31$465.35M7.09%
2015-09-30$434.54M-9.98%
2015-06-30$482.71M7.85%
2015-03-31$447.58M-4.33%
2014-12-31$467.85M3.10%
2014-09-30$453.79M-8.14%
2014-06-30$493.98M11.57%
2014-03-31$442.75M21.80%
2013-12-31$363.51M12.03%
2013-09-30$324.46M-6.57%
2013-06-30$347.27M2.83%
2013-03-31$337.69M-4.11%
2012-12-31$352.18M7.97%
2012-09-30$326.19M6.73%
2012-06-30$305.62M4.54%
2012-03-31$292.35M-9.06%
2011-12-31$321.46M11.60%
2011-09-30$288.05M0.91%
2011-06-30$285.45M8.56%
2011-03-31$262.96M-1.69%
2010-12-31$267.49M23.04%
2010-09-30$217.41M-9.43%
2010-06-30$240.03M12.81%
2010-03-31$212.78M-14.13%
2009-12-31$247.79M17.20%
2009-09-30$211.42M3.97%
2009-06-30$203.36M5.90%
2009-03-31$192.03M-7.52%
2008-12-31$207.65M13.70%
2008-09-30$182.62M-8.81%
2008-06-30$200.27M12.03%
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/ServiceJun 24Jun 23Jun 22Jun 21Jun 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/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
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
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
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
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

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

CountryJun 24Jun 23Jun 22Jun 21Jun 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

CountrySep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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


TickerCompanyLast Year RevenueLast Quarter Revenue
SAPSAP SE$31.21B$8.04B
ROPRoper$6.18B$1.76B
OTEXOpen Text$5.77B$1.27B
SSNCSS&C Technologies$5.50B$1.47B
CDNSCadence Design Systems$4.09B$1.22B
ANSSANSYS$2.27B$594.14M
PTCPTC$2.10B$518.64M
TYLTyler$1.95B$543.34M
PAYCPaycom Software$1.69B$451.93M
BSYBentley Systems$1.23B$330.34M
AZPNAspen$1.13B$278.11M
BLKBBlackbaud$1.11B$286.73M
GWREGuidewire Software$980.50M$240.68M
MANHManhattan Associates$928.73M$266.68M
LSPDLightspeed Commerce$905.28M$229.19M
ETWOE2open Parent$634.55M$151.16M
DSGXDescartes Systems Group$575.23M$149.11M
ABSTAbsolute Software$197.31M$58.77M
ENFNEnfusion$174.53M$49.45M

OTEX Revenue FAQ


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.

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).

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%.

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.

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.