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Valuation

$3B

2024 Revenue

$4.6B

Customers

100K

Funding

$0

Avg ACV

$46K

Team

24.5K

Founded

1991

OpenText Revenue & Valuation (2024)

OpenText software applications manage content or unstructured data for large companies, government agencies, and professional service firms.

Last updated

OpenText Revenue

In 2024, OpenText's revenue reached $4.6B. The company previously reported $1B in 2020. Since its launch in 1991, OpenText has shown consistent revenue growth.

OpenText Revenue GrowthReported revenue / ARR over time$0$1B$2B$3B$4B$5B199119931995199719992001200320052007200920112013201520172019202120232024$0$1B$4.6BSource: GetLatka.com
YearMilestoneSource
2024OpenText Hit $4.6b revenue in December 2024s23.q4cdn.com
2020OpenText Hit $1b revenue in August 2020
1991Launched with $0 revenue

OpenText Valuation, Funding Rounds

OpenText's most recent disclosed valuation is $3B.

OpenText Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$11991Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Founder / CEO

Mark Barrenechea

CEO

Mark Barrenechea is listed as CEO at OpenText.

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Customers

OpenText serves 100K customers.

OpenText Employees & Team Size

OpenText employs approximately 24.5K people as of 2026, up from 10K in 2020. It serves 100K customers that rely on its solutions.

OpenText Team GrowthReported headcount over time06,00012,00018,00024,00030,0001991199319951997199920012003200520072009201120132015201720192021202320240010,00010,00024,50024,500Source: GetLatka.com
YearMilestoneSource
2024Reached 24.5K employees (December 2024)
2020Reached 10K employees (August 2020)

Frequently Asked Questions about OpenText

What is OpenText's revenue?

OpenText generates $4.6B in revenue.

Who founded OpenText?

OpenText was founded by Mark Barrenechea.

Who is the CEO of OpenText?

The CEO of OpenText is Mark Barrenechea.

How much funding does OpenText have?

OpenText raised $0.

How many employees does OpenText have?

OpenText has 24.5K employees.

Where is OpenText headquarters?

OpenText is headquartered in Canada.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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OpenText Revenue, Valuation & Funding History (2024)