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Open Text OTEX Cloud services and subscriptions — Total revenues

Other product segments

Customer support
$564.85M-0.4%
Business Network
$153.18M+4.5%
Content
$149.31M+21.8%
License
$145.09M+4.9%
Cybersecurity (SMB & Consumer)
$114.83M-6.1%
Professional service and other
$79.65M-7.4%
ADM
$29.41M+10.7%
Analytics
$17.65M-6.0%
Cybersecurity (Enterprise)
$17.46M-13.3%
ITOM
$11.09M+95.8%

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PEGASubscription services — Revenue from Contract with Customer, Excluding Assessed Tax
$280.35M+23.2%

Other financials

Income statement

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Revenue$1.3B+2.2%
Gross profit$937.3M+4.3%
Operating income$201.2M-3.8%
Net income$172.7M+86.0%
EPS (diluted)$0.70+100%

Balance sheet

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Cash & equivalents$1.3B-1.9%
Total debt$6.4B-3.6%
Total equity$4.0B-4.0%
Total assets$13.3B-3.1%

Cash flow

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Operating cash flow$354.6M-11.8%
CapEx$49.7M+75.0%
Free cash flow$304.9M-18.4%

Valuation

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Market cap$5.02B-16.4%
Enterprise value$10.18B-10.9%
P/E9.7×+0.6×
P/S-0.2×

Profitability

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Gross margin73.1%+0.8pp
Operating margin18.1%+0.8pp
Net margin9.9%-2.6pp
FCF margin15.5%+2.0pp

Returns & leverage

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Return on equity12.8%-3.1pp
Debt / equity1.6×0.0×
Current ratio0.9×+0.1×

Where this comes from

Reported directly by Open Text in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Open Text’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Open Text's cloud services and subscriptions — total revenues?
Open Text (OTEX) reported cloud services and subscriptions — total revenues of $492.93M in Q1 2026.
How has Open Text's cloud services and subscriptions — total revenues changed year-over-year?
Open Text's cloud services and subscriptions — total revenues increased by 6.6% year-over-year, from $462.61M to $492.93M.
What is the long-term trend for Open Text's cloud services and subscriptions — total revenues?
Over 4 years (2021 to 2025), Open Text's cloud services and subscriptions — total revenues has grown at a 7.2% compound annual growth rate (CAGR), from $1.41B to $1.86B.
What does cloud services and subscriptions — total revenues mean?
This metric represents the total revenue generated from cloud-based software services and subscription-based licensing agreements within a specific business segment. It reflects the company's ability to monetize recurring software delivery models and indicates the scale of its cloud-native product adoption. Growth in this figure is a primary indicator of successful transition toward recurring revenue streams and long-term customer retention.