OPEN TEXT CORP

OPEN TEXT CORP

OTEXBack Office

OpenText manages information for large organizations.

Key figures

Data as of Mar 2026 · Pills compare vs Dec 2025
ARR Multiple
1.1x
-0.5x
ARR
$5.1B
+5.2%
YoY Growth
2.9%
+0.7pp
Market Cap
$5.4B
-34.3%
Revenue (Q)
$1.3B
+5.2%
Gross Margin
73.1%
+1.9pp
Op. Margin
15.7%
-1.9pp
Rule of 40
18.6
-1.2
Magic Number
0.94
+1.55

Revenue, margins & ratios from SEC filings; market cap & ARR multiple from market data.

AI Replacement Risk
26/ 100
LowHigh

Estimated likelihood that general-purpose AI replaces this product.

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Valuation by quarter

Current ARR Multiple: 1.0x

Calculated valuation

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Valuation data is not available for this company.

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Company overview

OpenText manages information for large organizations. Documents. Records. Data. The company was founded in 1991 in Waterloo, Ontario, and it is one of Canada largest software firms.

At its core, OpenText helps companies control the flood of content they create. Contracts, invoices, emails, engineering files, and legal records all need to be stored, found, and governed. OpenText content services handle that job for banks, manufacturers, and governments.

The company grew huge through acquisitions. It buys established software firms and folds them into its portfolio. The purchase of Micro Focus added a broad set of IT operations and development tools. Other deals expanded its reach into security, analytics, and business networks that connect trading partners.

Consider a global insurer buried in paperwork. Millions of claims and policies must be stored for years and produced on demand for auditors. OpenText keeps that archive organized and compliant, so the right document appears in seconds.

Revenue runs around $5 billion a year, and the business is solidly profitable with strong cash flow. Growth is modest, and the story is more about steady cash and disciplined dealmaking than rapid expansion. OpenText is a mature roll up that treats enterprise information as an asset worth managing with care.

Entity information

Industry7373: Services-Computer Integrated Systems Design
Fiscal YearJun 30
IncorporatedOntario, Canada
Phone(519) 888-7111
Address275 FRANK TOMPA DRIVE, WATERLOO, ONTARIO CANADA, A6, N2L 0A1
Mailing address275 FRANK TOMPA DRIVE, WATERLOO, ONTARIO CANADA, A6, N2L 0A1
EIN98-0154400
Entity typeoperating
SEC industry framework06 Technology

Quarterly financials

Left axis in $ (Revenue, Gross profit, Net income, S&M); right axis for ratios (Rule of 40, Magic number). Click a legend item to toggle it.