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Open Text OTEX Total recurring revenues — Total revenues

Other product segments

Customer support
$564.85M-0.4%
Cloud services and subscriptions
$492.93M+6.6%
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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ROPRecurring — Net revenues
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ROPReoccurring — Net revenues
$223.9M+11.1%
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$2.33B+11.7%
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$1.7B+33.5%

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 total recurring revenues — total revenues?
Open Text (OTEX) reported total recurring revenues — total revenues of $1.06B in Q1 2026.
How has Open Text's total recurring revenues — total revenues changed year-over-year?
Open Text's total recurring revenues — total revenues increased by 2.7% year-over-year, from $1.03B to $1.06B.
What is the long-term trend for Open Text's total recurring revenues — total revenues?
Over 4 years (2021 to 2025), Open Text's total recurring revenues — total revenues has grown at a 11.2% compound annual growth rate (CAGR), from $2.74B to $4.19B.
What does total recurring revenues — total revenues mean?
This metric represents the aggregate revenue generated from subscription-based cloud services and ongoing customer support contracts. It serves as a key indicator of the company's ability to maintain a stable, predictable income stream from its installed software base. High levels of recurring revenue demonstrate strong customer retention and the long-term value of the company's information management platform.