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Open Text OTEX Cloud services and subscriptions — Remaining performance obligation

Other product segments

Customer support
$1.8B0.0%

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Other financials

Income statement

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Revenue$1.3B+2.9%
Gross profit$1.0B+6.7%
Operating income$319.7M+76.1%
Net income$155.7M+440%
EPS (diluted)$0.64+433%

Balance sheet

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Cash & equivalents$956.0M-17.4%
Total debt$6.0B-10.1%
Total equity$4.0B+2.2%
Total assets$13.1B-4.8%

Cash flow

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Operating cash flow$185.8M+17.5%
CapEx$63.8M+86.5%
Free cash flow$122.0M-1.6%

Valuation

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Market cap$6.21B-17.2%
Enterprise value$11.23B-13.6%
P/E9.7×-7.5×
P/S1.2×-0.3×

Profitability

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Gross margin73.7%+1.5pp
Operating margin20.6%+3.4pp
Net margin12.3%+3.8pp
FCF margin15.4%+2.1pp

Returns & leverage

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Return on equity16.2%+5.5pp
Debt / equity1.5×-0.2×
Current ratio0.8×0.0×

Where this comes from

Reported directly by Open Text in its filing.

Tagged under the XBRL concept us-gaap:RevenueRemainingPerformanceObligation.

The source filing: Open Text’s 10-K, filed August 6, 2026.

Filed
Aug 6, 2026, 7:08 AM EDT
Fiscal year
FY2026
Accession
0001002638-26-000068
Line item% recognized as revenue over the following% recognized as revenue over the following% recognized as revenue over the following% recognized as revenue over the following
($ in billions)As ofJune 30, 2026Within 1 year1 to 2 years2 to 3 yearsThereafter
Total RPO (1)$4.657%21%12%10%
Cloud services and subscriptions RPO$2.848%24%15%13%
Customer support and other RPO (2)$1.872%17%7%4%

Item 15. Exhibits and Financial Statement Schedules

FAQ

What is Open Text's cloud services and subscriptions — remaining performance obligation?
Open Text (OTEX) reported cloud services and subscriptions — remaining performance obligation of $2.8B in Q2 2026.
How has Open Text's cloud services and subscriptions — remaining performance obligation changed year-over-year?
Open Text's cloud services and subscriptions — remaining performance obligation increased by 12.0% year-over-year, from $2.5B to $2.8B.
What does cloud services and subscriptions — remaining performance obligation mean?
This metric represents the total transaction price allocated to performance obligations that are unsatisfied or partially unsatisfied as of the reporting date. It serves as a measure of contracted future revenue that has not yet been recognized in the financial statements. Investors use this to gauge the health of the sales pipeline and the predictability of future subscription-based cash flows.

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