Open Text revenue increased from $2.8 billion in 2018 to $2.9 billion in 2019, a (1.9%) increase.

Annual Revenue ($)

Open Text revenue was $2.87 b in FY, 2019 which is a (1.9%) year over year increase from the previous period.

Quarterly Revenue ($)

FY, 2016FY, 2017FY, 2018FY, 2019
Revenue$1.82 b$2.29 b$2.82 b$2.87 b
Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020
Revenue$491.66 m$542.71 m$593.13 m$640.69 m$734.41 m$685.88 m$667.16 m$735.23 m$719.15 m$696.89 m$771.56 m$814.68 m

Annual Growth Rate (%)

Revenue Breakdown

Business Segment

Geographic Segment

Open Text revenue breakdown by business segment: 43.5% from Customer Support, 9.9% from Professional Service and Other, 31.6% from Cloud Services and Subscriptions and 14.9% from License

Open Text revenue breakdown by geographic segment: 10.6% from All other countries, 18.6% from Rest of Europe, 7.1% from Germany, 6.4% from United Kingdom, 52.0% from United States and 5.4% from Canada

FY, 2019FY, 2018FY, 2017FY, 2016
License$428.09 m$437.51 m$369.14 m$283.71 m
Cloud Services and Subscriptions$907.81 m$828.97 m$705.5 m$601.02 m
Professional Service and Other$284.94 m$316.26 m$235.32 m$193.09 m
Customer Support$1.25 b$1.23 b$981.1 m$746.41 m
FY, 2019FY, 2018FY, 2017FY, 2016
Canada$153.89 m$149.81 m$227.12 m$107.22 m
United States$1.49 b$1.43 b$1.09 b$915.62 m
United Kingdom$182.82 m$201.82 m$159.82 m$185.63 m
Germany$203.4 m$198.25 m$166.61 m$155.2 m
Rest of Europe$534.2 m$517.69 m$394.13 m$270.11 m
All other countries$303.58 m$322.42 m$253.33 m$190.45 m

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