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Open Text (OTEX) Revenue by Segment

Revenue by Segment

Highlights the revenue generated from different business segments, indicating which areas are driving growth and which may need strategic adjustments.

$0.00$250.00M$500.00M$750.00M$1.00B$1.25B$1.50BMar 21Jun 21Sep 21Dec 21Mar 22Jun 22Sep 22Dec 22Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Chart Insights

OpenText’s growth story is shifting decisively toward Cloud: Cloud Services shows steady, compounding momentum and the call’s strong bookings/RPO metrics imply that near-term ARR will continue to convert into recurring revenue. By contrast, License spikes are episodic—large deals that make quarter-to-quarter results lumpy—while Customer Support is gradually declining as clients migrate to cloud, a mix shift that pressures legacy revenue but is improving margins and cash flow. Key risk: cybersecurity cloud weakness and faster cloud migration could increase short-term revenue unpredictability despite healthier long-term economics.

OTEX Revenue by Segment

DateLicenseCloud Services and SubscriptionsCustomer SupportProfessional Services and Other
Jun 30, 2026$214.60M$503.03M$553.84M$77.55M
Mar 31, 2026$145.09M$492.93M$564.85M$79.64M
Dec 31, 2025$184.23M$478.08M$581.92M$82.50M
Sep 30, 2025$134.55M$484.51M$586.85M$82.23M
Jun 30, 2025$172.50M$474.50M$580.60M$82.90M
Mar 31, 2025$138.36M$462.61M$567.38M$86.01M
Dec 31, 2024$188.92M$462.31M$590.60M$92.68M
Sep 30, 2024$125.81M$457.02M$595.49M$90.68M
Jun 30, 2024$171.53M$464.89M$628.38M$97.34M
Mar 31, 2024$200.36M$454.53M$691.44M$100.80M
Dec 31, 2023$289.24M$450.09M$695.76M$99.78M
Sep 30, 2023$173.03M$451.01M$697.71M$103.68M
Jun 30, 2023$228.80M$451.66M$705.28M$105.10M
Mar 31, 2023$139.72M$435.45M$575.88M$93.62M
Dec 31, 2022$107.96M$408.67M$316.51M$64.30M
Sep 30, 2022$62.55M$404.65M$317.35M$67.49M
Jun 30, 2022$94.69M$411.60M$328.34M$67.83M
Mar 31, 2022$80.64M$401.95M$332.51M$67.18M
Dec 31, 2021$109.49M$364.89M$334.88M$67.55M
Sep 30, 2021$73.53M$356.59M$335.24M$66.95M
Jun 30, 2021$132.54M$360.16M$334.26M$66.57M
Mar 31, 2021$76.30M$355.85M$335.92M$64.87M
Dec 31, 2020$107.35M$350.45M$334.49M$63.35M
Sep 30, 2020$68.52M$340.99M$329.40M$65.11M
Jun 30, 2020$105.80M$332.62M$324.92M$63.28M
Mar 31, 2020$81.06M$339.46M$322.87M$71.30M