Open Text Corp
NASDAQ: OTEX · TECHNOLOGY · SOFTWARE - APPLICATION
Updated 2026-09-11
Open Text Corp (OTEX) Financial statements
SEC filings — annual and quarterly data.
Cash flow — annual
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $110.86M | $165.98M | $176.17M | $180.19M | $223.22M | $266.49M | $318.50M | $417.13M | $523.03M | $525.72M | $439.25M | $709.88M | $876.28M | $954.54M | $876.12M | $981.81M | $779.21M | $967.69M | $830.62M | $1.01B |
| Capital expenditures | $5.26M | $6.89M | $12.15M | $19.31M | $36.66M | $26.02M | $23.30M | $42.46M | $77.05M | $70.01M | $79.59M | $105.32M | $63.84M | $72.71M | $63.67M | $93.11M | $123.83M | $159.29M | $143.22M | $199.30M |
| Depreciation | $75.44M | $85.51M | $93.00M | $113.84M | $129.13M | $159.49M | $186.85M | $186.18M | $240.15M | $242.37M | $345.71M | $456.93M | $470.93M | $551.60M | $520.61M | $503.95M | $657.35M | $807.92M | $641.24M | — |
| Stock-based comp | $5.38M | $3.79M | $5.03M | $9.77M | $11.31M | $18.10M | $15.57M | $19.91M | $22.05M | $25.98M | $30.51M | $27.59M | $26.77M | $29.53M | $51.97M | $69.56M | $130.30M | $140.08M | $104.84M | $80.64M |
| Free cash flow | $105.60M | $159.08M | $164.02M | $160.88M | $186.56M | $240.47M | $295.20M | $374.67M | $445.99M | $455.71M | $359.66M | $604.57M | $812.44M | $881.83M | $812.45M | $888.70M | $655.37M | $808.40M | $687.40M | $807.52M |
| Investing cash flow | $-436.27M | $-28.42M | $-160.83M | $-109.82M | $-287.27M | $-281.54M | $-374.39M | $-1.15B | $-398.39M | $-361.18M | $-2.19B | $-444.44M | $-464.53M | $-1.47B | $-68.77M | $-970.96M | $-5.65B | $2.06B | $-153.51M | — |
| Financing cash flow | $362.34M | $-50.61M | $24.80M | $-7.39M | $-2.70M | $302.58M | $-31.12M | $687.94M | $170.60M | $430.16M | $909.54M | $-23.67M | $-148.37M | $1.27B | $-924.55M | $138.46M | $4.40B | $-2.96B | $-834.68M | — |
| Dividends paid | — | — | $0.00 | $0.00 | $0.00 | $648.50M | $17.70M | $74.69M | $87.63M | $99.26M | $120.58M | $145.61M | $168.86M | $188.71M | $210.66M | $237.66M | $259.55M | $267.36M | $271.52M | $268.36M |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Debt repayment | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | — | — | — | $50.37M | $-42.05M | $275.61M | $-89.30M | $-42.55M | $272.11M | $583.76M | $-840.40M | $239.59M | $263.38M | $753.90M | $-117.20M | $149.31M | $-469.16M | — | — | — |
Frequently asked questions
What is Open Text Corp's revenue?
Open Text Corp's trailing twelve-month revenue is $5.25B. 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 73.74%, an operating margin of 20.64%, and a net margin of 12.26%. 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 $807.52M 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 $956.02M in cash and equivalents against $5.73B in long-term debt, on $4.01B of shareholder equity. That debt is best read against the cash flow the business throws off each year.