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, 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, 2019FY, 2018FY, 2017FY, 2016
License428.09 m437.51 m369.14 m283.71 m
Cloud Services and Subscriptions907.81 m828.97 m705.50 m601.02 m
Professional Service and Other284.94 m316.26 m235.32 m193.09 m
Customer Support1.25 b1.23 b981.10 m746.41 m
FY, 2019FY, 2018FY, 2017FY, 2016
Canada153.89 m149.81 m227.12 m107.22 m
United States1.49 b1.43 b1.09 b915.62 m
United Kingdom182.82 m201.82 m159.82 m185.63 m
Germany203.40 m198.25 m166.61 m155.20 m
Rest of Europe534.20 m517.69 m394.13 m270.11 m
All other countries303.58 m322.42 m253.33 m190.45 m

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