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Open Text Corp. (OTEX)
NASDAQ:OTEX
US Market
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Open Text (OTEX) Remaining Performance Obligations

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Remaining Performance Obligations

Represents the total value of contracted work yet to be completed, providing insight into future revenue streams and business demand.
RPO has more than doubled since 2022, signaling a meaningful shift from maintenance to multi‑year cloud contracts and stronger future revenue visibility. This surge lines up with management’s call: bigger enterprise cloud bookings, record large deals and double‑digit cloud RPO growth underpin margin and free‑cash‑flow improvement. Caveat for investors: the backlog’s value depends on conversion timing and deal concentration—faster cloud transitions and weakness in customer support or certain cybersecurity components can create near‑term revenue mix volatility despite healthier long‑term ARR.
Date
Remaining Performance Obligations
Jun 30, 2026
$4.60B
Mar 31, 2026
$4.50B
Dec 31, 2025
$4.50B
Sep 30, 2025
$4.20B
Jun 30, 2025
$4.30B
Mar 31, 2025
$4.10B
Dec 31, 2024
$4.10B
Sep 30, 2024
$3.90B
Jun 30, 2024
$2.70B
Mar 31, 2024
$2.60B