Open Text Corp
NASDAQ: OTEX · TECHNOLOGY · SOFTWARE - APPLICATION
Updated 2026-06-05
Open Text Corp (OTEX) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $678.03M | $1.33B | $1.43B | $1.51B | $1.71B | $1.93B | $2.44B | $2.65B | $3.90B | $4.35B | $5.15B | $7.48B | $7.77B | $7.93B | $10.23B | $9.61B | $10.18B | $17.09B | $14.21B | $13.77B |
| Cash & equivalents | $107.35M | $149.98M | $254.92M | $275.82M | $326.19M | $284.14M | $559.75M | $470.44M | $427.89M | $700.00M | $1.28B | $443.36M | $682.94M | $941.01M | $1.69B | $1.61B | $1.69B | $1.23B | $1.28B | $1.16B |
| Current assets | $229.89M | $350.44M | $430.07M | $434.91M | $539.64M | $515.16M | $790.88M | $717.09M | $815.74M | $1.07B | $1.67B | $1.00B | $1.33B | $1.56B | $2.39B | $2.20B | $2.29B | $2.28B | $2.28B | $2.20B |
| Total liabilities | $213.86M | $795.80M | $789.84M | $820.77M | $827.80M | $892.92M | $1.26B | $1.32B | $2.26B | $2.52B | $3.17B | $3.95B | $4.05B | $4.05B | $6.23B | $5.51B | $6.15B | $13.07B | $10.01B | $9.84B |
| Current liabilities | $156.75M | $282.66M | $297.86M | $320.70M | $422.89M | $415.37M | $476.79M | $527.88M | $641.20M | $624.44M | $671.03M | $1.13B | $994.60M | $1.01B | $1.90B | $1.36B | $1.47B | $3.22B | $2.80B | $2.75B |
| Long-term debt | $12.96M | $366.76M | $304.30M | $299.23M | $285.03M | $282.03M | $555.00M | $513.75M | $1.26B | $1.58B | $2.14B | $2.39B | $2.61B | $2.60B | $3.58B | $3.58B | $4.21B | $8.56B | $6.36B | $6.34B |
| Shareholder equity | $458.37M | $524.07M | $636.16M | $686.46M | $886.22M | $1.04B | $1.18B | $1.34B | $1.64B | $1.83B | $1.98B | $3.53B | $3.72B | $3.88B | $4.01B | $4.10B | $4.03B | $4.02B | $4.20B | $3.93B |
| Retained earnings | $-27.13M | $-5.46M | $47.54M | $104.48M | $192.03M | $316.89M | $442.07M | $572.88M | $716.32M | $863.01M | $992.55M | $1.90B | $1.99B | $2.11B | $2.16B | $2.15B | $2.16B | $2.05B | $2.12B | $1.94B |
| Accounts receivable | $85.93M | $159.84M | $151.16M | $120.30M | $176.65M | $173.48M | $181.51M | $192.10M | $317.58M | $305.28M | $317.66M | $478.50M | $543.58M | $523.08M | $557.11M | $496.20M | $471.07M | $821.87M | $753.75M | $846.39M |
| Inventory | $37.24M | — | — | $1.57M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.00 | $1.00 | $1.00 | $-43.91M | $-75.33M | $25.63M | — | $45.85M | $-3.92M | — |
| Goodwill | $235.52M | $528.31M | $564.65M | $576.11M | $671.62M | $832.48M | $1.04B | $1.25B | $1.94B | $2.16B | $2.33B | $3.42B | $3.58B | $3.77B | $4.67B | $4.69B | $5.24B | $8.66B | $7.49B | $7.52B |
Frequently asked questions
What is Open Text Corp's revenue?
Open Text Corp's trailing twelve-month revenue is $5.21B. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is OTEX?
In its most recent fiscal year, OTEX ran a gross margin of 72.25%, an operating margin of 20.09%, and a net margin of 8.43%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does OTEX generate?
OTEX produced $687.40M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is OTEX's balance sheet healthy?
OTEX holds $1.16B in cash and equivalents against $6.34B in long-term debt, on $3.93B of shareholder equity. That debt is best read against the cash flow the business throws off each year.