Open Text revenue

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, 2016	FY, 2017	FY, 2018	FY, 2019
Revenue	$1.82 b	$2.29 b	$2.82 b	$2.87 b
Growth	(1%)	25.59%	22.88%	1.9%

	Q1, 2017	Q2, 2017	Q3, 2017	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 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

Annual Growth Rate (%)

Revenue Breakdown

Business Segment

Geographic Segment

Open Text revenue breakdown by business segment: 15.6% from License, 32.9% from Cloud Services and Subscriptions, 10.6% from Professional Service and Other and 40.9% from Customer Support

Open Text revenue breakdown by geographic segment: 5.9% from Canada, 50.2% from United States, 10.2% from United Kingdom, 8.5% from Germany, 14.8% from Rest of Europe and 10.4% from All other countries

	FY, 2019	FY, 2018	FY, 2017	FY, 2016
License	428.09 m	437.51 m	369.14 m	283.71 m
Cloud Services and Subscriptions	907.81 m	828.97 m	705.50 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	981.10 m	746.41 m

	FY, 2019	FY, 2018	FY, 2017	FY, 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	203.40 m	198.25 m	166.61 m	155.20 m
Rest of Europe	534.20 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