Open Text Corporation (OTEX) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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OTEX Revenue Growth
Revenue Breakdown (FY 2025)
OTEX's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
OTEX Revenue Analysis (2014–2025)
As of May 8, 2026, Open Text Corporation (OTEX) generated trailing twelve-month (TTM) revenue of $5.23 billion, reflecting modest growth of +2.6% year-over-year. The most recent quarter (Q3 2026) recorded $1.28 billion in revenue, down 3.3% sequentially.
Looking at the longer-term picture, OTEX's 5-year compound annual growth rate (CAGR) stands at +11.6%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $5.71 billion in 2024.
Revenue diversification analysis shows OTEX's business is primarily driven by Cloud Revenues And Customer Support Revenues (45%), Customer Support (25%), and Cloud Services And Subscriptions (20%).
When compared to Technology sector peers including MSFT (+17.9% YoY), IBM (+9.7% YoY), and BOX (+8.0% YoY), OTEX has underperformed the peer group in terms of revenue growth. Compare OTEX vs MSFT →
OTEX Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| OTEXCurrent | $5.2B | +2.6% | +11.6% | 20.2% | |
 MSFT | $281.7B | +17.9% | +14.5% | 45.6% | |
 IBM | $67.5B | +9.7% | +4.1% | 15.3% | |
 BOX | $1.2B | +8.0% | +8.8% | 7.1% | |
 DOCN | $901M | +17.6% | +23.1% | 17.4% | |
 MANH | $1.1B | +4.8% | +13.0% | 26.1% |
OTEX Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $5.30B | -7.3% | $3.36B | 63.5% | $1.07B | 20.2% |
| 2024 | $5.71B | +26.0% | $3.59B | 62.9% | $1.01B | 17.7% |
| 2023 | $4.53B | +32.0% | $2.76B | 61.0% | $696.4M | 15.4% |
| 2022 | $3.43B | -2.1% | $2.09B | 60.9% | $680.4M | 19.8% |
| 2021 | $3.51B | +14.4% | $2.12B | 60.5% | $764.8M | 21.8% |
| 2020 | $3.07B | +5.5% | $1.77B | 57.8% | $596.6M | 19.5% |
| 2019 | $2.91B | +6.9% | $1.67B | 57.5% | $612.6M | 21.1% |
| 2018 | $2.72B | +16.2% | $1.54B | 56.6% | $515.7M | 19.0% |
| 2017 | $2.34B | +25.6% | $1.34B | 57.3% | $425.7M | 18.2% |
| 2016 | $1.86B | +7.1% | $1.11B | 59.3% | $416.1M | 22.3% |
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Start ComparisonOTEX — Frequently Asked Questions
Quick answers to the most common questions about buying OTEX stock.
Is OTEX's revenue growth accelerating or slowing?
OTEX revenue growth slowed to +2.6%, below the 5-year CAGR of +11.6%. TTM revenue is $5.2B. The deceleration marks a shift from historical growth rates.
What is OTEX's long-term revenue growth rate?
Open Text Corporation's 5-year revenue CAGR of +11.6% reflects the variable expansion pattern. Current YoY growth of +2.6% is near this long-term average.
How is OTEX's revenue distributed by segment?
OTEX reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.