24.92
+0.28%
Close of 9 Nov 2026, in USD
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About Open Text
From its filings with the US Securities and Exchange Commission
Open Text is based in Ontario Canada, Ontario, Canada and is incorporated in Ontario, Canada. Its shares trade on Nasdaq under the ticker OTEX. The SEC classifies its business as computer integrated systems design. In the fiscal year to 30 June 2026, it reported revenue of $5.25bn and net income of $643.0m. At that date it held total assets of $13.11bn and shareholders' equity of $4.01bn.
Incorporated in 1991, OpenText is a leading provider of data management for enterprise AI. We are Canadian in our roots and global in our reach. We provide the secure data foundation in the AI stack, the trusted context that makes credible AI outcomes possible. We give clients the choice to transform and operate at their best: deployment on-premise or in the cloud, with the type of cloud they need, public, private or sovereign, and to integrate with any enterprise-grade language model. We operate across the private, public, and highly regulated sectors including retail, financial services, government, manufacturing, healthcare, energy, and logistics.
As enterprise adoption of AI continues to evolve, organizations increasingly require trusted, governed enterprise data to deploy AI effectively. OpenText’s products and solutions build on the Company’s longstanding data management capabilities to help clients meet those evolving requirements. Our products and solutions are a critical layer in the AI stack that connect enterprise data to AI for trusted outcomes. OpenText’s data management products and solutions manage and govern the creation, capture, use, analysis, and lifecycle of structured and unstructured enterprise data. We help organizations manage and integrate their data, unlocking its value for trusted AI results, while meeting privacy and compliance requirements, so clients can move confidently from AI experimentation to enterprise-scale AI adoption.
Quoted from its 10-K, filed 6 Aug 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Information Technology
- Industry
- Software
- Listed since
- 9 Sept 1998
- Employees
- 19,900
- Website
- opentext.com ↗
- Head office
- 275 FRANK TOMPA DRIVE, ONTARIO CANADA, A6, N2L 0A1
- Incorporated in
- A6
- Classification
- Services-Computer Integrated Systems Design
- Filer status
- Large accelerated filer
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Open Text Corporation serves 19900 employees across 19900 locations globally.
- Open Text offers cloud services in North, Central, and South America, Europe, and Asia-Pacific regions.
- Open Text provides content, cybersecurity, and DevOps business clouds for enterprise clients.
Weaknesses
- Open Text has no presence in the Middle East and Africa for cloud services.
- Open Text lacks a strong presence in the Financials sector.
- Open Text does not offer AI services in India.
Opportunities
- Open Text can expand cloud services in the Middle East and Africa.
- Open Text can target the Financials sector with new solutions.
- Open Text can enhance AI services in India.
Threats
- Open Text faces competition from established IT firms in Europe.
- Open Text must address regulatory changes in Asia-Pacific markets.
- Open Text needs to improve its presence in the Real Estate sector.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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