OPEN TEXT CORP OTEX 68.33
Technology · NASDAQ · Data as of 2026-08-06
OPEN TEXT CORP (OTEX) has delivered +10.4% annualized revenue growth, +0.8% earnings growth, and +9.5% dividend growth over 10 years of data. Ranked #308 of 1968 stocks overall and #38 of 362 in the Technology sector by Steady Score.
About OPEN TEXT CORP
Company Overview
OpenText develops enterprise information-management software. Organizations use its products to manage documents and records, exchange data with trading partners, secure systems, automate workflows and support digital operations. The portfolio spans content management, business networks, cybersecurity, application modernization and information technology operations. Large companies and public-sector organizations deploy OpenText software across cloud, subscription and on-premises environments.
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Business Model & Revenue
Revenue comes from cloud services and subscriptions, customer support, software licenses and professional services. Recurring contracts provide much of revenue, while license and implementation activity can vary by period. OpenText sells directly and through partners, often expanding within existing enterprise accounts. Renewals, cloud migration, acquired product integration and customer usage drive performance, with hosting and research costs supporting delivery.
Key Facts & Market Position
The company has assembled a broad portfolio through many acquisitions, including Micro Focus, adding established software used in complex enterprise environments. Customers may retain these systems for long periods because they contain critical data and workflows. This creates support and migration opportunities but also requires OpenText to integrate products, maintain older technologies and manage substantial debt.