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 $2.87 b in FY, 2019 which is a (1.9%) year over year increase from the previous period.
Quarterly Revenue ($)
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, 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 | $705.5 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, 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 | $203.4 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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