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Open Text OTEX Customer support — Remaining performance obligation

Other product segments

Cloud services and subscriptions
$2.8B+12.0%

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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 customer support — remaining performance obligation?
Open Text (OTEX) reported customer support — remaining performance obligation of $1.8B in Q2 2026.
How has Open Text's customer support — remaining performance obligation changed year-over-year?
Open Text's customer support — remaining performance obligation decreased by 0.0% year-over-year, from $1.8B to $1.8B.
What does customer support — 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 backlog of contracted revenue that the company expects to recognize in future periods from support and maintenance agreements. This provides visibility into the long-term stability of the service revenue stream and future cash flow predictability.

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