Open Text OTEX Contract assets – noncurrent

Contract assets – noncurrent at other companies

Brink's, Inc.BCO

$15.8M-13.2%

Regal RexnordRRX

$3.7M—

Open TextOTEX

$59.87M+21.5%

OmnicellOMCL

$2.18M-62.1%

NACCO IndustriesNC

$3.5M0.0%

Cushman & WakefieldCWK

$53.9M-19.8%

FAQ

What is Open Text's contract assets – noncurrent?

Open Text (OTEX) reported contract assets – noncurrent of $59.87M in Q2 2026.

How has Open Text's contract assets – noncurrent changed year-over-year?

Open Text's contract assets – noncurrent increased by 21.5% year-over-year, from $49.29M to $59.87M.

What is the long-term trend for Open Text's contract assets – noncurrent?

Over 5 years (2021 to 2026), Open Text's contract assets – noncurrent has grown at a 25.5% compound annual growth rate (CAGR), from $19.22M to $59.87M.

What does contract assets – noncurrent mean?

This represents the company's right to consideration in exchange for goods or services that have been transferred to a customer, where the right is conditioned on something other than the passage of time and is expected to be realized beyond one year. It typically arises in long-term service or software contracts where revenue is recognized before the company has an unconditional right to bill the customer. Monitoring this balance helps investors understand the long-term value of unbilled work and potential future cash inflows from multi-year engagements.