Open Text Corporation provides a platform and suite of software products and services that assist organizations in finding, utilizing, and sharing business information from any device. The Company designs, develops, markets and sells enterprise information management software and solutions. Its EIM offerings include enterprise content management, business process management, customer experience management, business network, discovery and analytics. The software and services allow organizations to manage the information that flows into, out of, and throughout the enterprise as part of daily operations.
Waterloo, CA
Size (employees)
12,118 (est)+12%
Open Text Corporation was founded in 1991 and is headquartered in Waterloo, CA
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Key People/Management at Open Text Corporation

Mark J. Barrenechea

Mark J. Barrenechea

Vice Chair, Chief Executive Officer and Chief Technology Officer
Madhu Ranganathan

Madhu Ranganathan

Executive Vice President, Chief Financial Officer
Muhi Majzoub

Muhi Majzoub

Executive Vice President, Engineering and IT
Gordon A. Davies

Gordon A. Davies

Executive Vice President, Chief Legal Officer and Corporate Development
Simon Ted Harrison

Simon Ted Harrison

Executive Vice President, Worldwide Sales
James McGourlay

James McGourlay

Executive Vice President, Worldwide Support
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Open Text Corporation Office Locations

Open Text Corporation has offices in Moskva, Esbo, Minneapolis, Barcelona and in 107 other locations
Waterloo, CA (HQ)
275 Frank Tompa Dr
North Sydney, AU (HQ)
6 80 Pacific Hwy
Grasbrunn, DE (HQ)
20 Werner-von-Siemens-Ring
Klagenfurt am Wörthersee, AT
Wien, AT
19 Wagramer Str.
Itaim Bibi, BR
4300 Av. Brg. Faria Lima
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Open Text Corporation Financials and Metrics

Open Text Corporation Revenue

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Open Text Corporation's revenue was reported to be $2.82 b in FY, 2018 which is a 22.9% increase from the previous period.

Revenue (FY, 2018)

2.8 b

Revenue growth (FY, 2017 - FY, 2018), %


Gross profit (FY, 2018)

1.9 b

Gross profit margin (FY, 2018), %


Net income (FY, 2018)

242.3 m

EBIT (FY, 2018)

505.4 m

Market capitalization (16-Aug-2018)

10.4 b

Closing stock price (16-Aug-2018)


Cash (30-Jun-2018)

682.9 m


12.3 b
Open Text Corporation's current market capitalization is $10.4 b.
USDFY, 2015FY, 2016FY, 2017FY, 2018


1.9 b1.8 b2.3 b2.8 b

Revenue growth, %


Cost of goods sold

598.4 m574 m762.4 m951.4 m

Gross profit

1.3 b1.3 b1.5 b1.9 b
USDFY, 2015FY, 2016FY, 2017FY, 2018


700 m1.3 b443.4 m682.9 m

Accounts Receivable

284.1 m285.9 m445.8 m488 m

Prepaid Expenses

53.2 m59 m81.6 m101.1 m

Current Assets

1.1 b1.7 b1 b1.3 b
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018


690.8 m726 m877.4 m834.9 m1.7 b449 m376.4 m476 m605.5 m

Accounts Receivable

233.9 m278.6 m266.5 m297.5 m315.6 m360.3 m457.8 m512 m515 m

Prepaid Expenses

47.1 m53 m56 m70.6 m58.1 m79.3 m98.5 m101.1 m105.7 m

Current Assets

1 b1.1 b1.3 b1.2 b2.1 b911.3 m958.6 m1.1 b1.3 b
USDFY, 2015FY, 2016FY, 2017FY, 2018

Net Income

234.4 m284.5 m1 b242.3 m

Depreciation and Amortization

240.1 m242.4 m345.7 m456.9 m

Accounts Payable

(22.7 m)(5.7 m)53.5 m(91.7 m)

Cash From Operating Activities

523 m525.7 m439.3 m709.9 m
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

41.3 m129.1 m198.2 m912.9 m957.9 m979.7 m36.7 m121.6 m180.4 m

Depreciation and Amortization

60.6 m120.5 m179.8 m72 m146 m242.6 m106.6 m222.1 m339.3 m

Accounts Payable

(48.3 m)(14.8 m)(27.4 m)(30.6 m)(24 m)16.5 m(64.5 m)(72.5 m)(92.3 m)

Cash From Operating Activities

92.7 m216.7 m406.6 m73.5 m180.5 m336.8 m67.1 m233.7 m504.4 m
USDY, 2018


24.4 x


17.4 x


244.6 k


0.7 x


0.3 x

Financial Leverage

2.1 x
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Open Text Corporation Operating Metrics

Jun, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018

Annual Recurring Revenue

$1.69 b$489.30 m$516.20 m$521.40 m



Data Centers



18 b
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Open Text Corporation Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Hightail (160)February 14, 2018
Guidance Software July 26, 2017$240 m
Covisint June 05, 2017
Dell-EMC's enterprise content division August 12, 2016$162 m
HP - Customer Communications Management (CCM) assets June 20, 2016$315 m
Recommind (282)June 02, 2016$163 m
OpenText Optimost May 01, 2016
ANXeBusiness April 27, 2016$100 m
HP Software April 18, 2016$170 m
Daegis October 08, 2015
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Open Text Corporation Revenue Breakdown

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Open Text Corporation revenue breakdown by business segment: 43.8% from Customer Support, 11.2% from Professional Service and Other, 29.4% from Cloud Services and Subscriptions and 15.5% from License

Open Text Corporation revenue breakdown by geographic segment: 11.5% from All other countries, 18.4% from Rest of Europe, 7.0% from Germany, 7.2% from United Kingdom, 50.6% from United States and 5.3% from Canada

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Open Text Corporation Online and Social Media Presence

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Open Text Corporation Company Life and Culture

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