MEDIUMBuilt-inProduct / Revenue mix
40%
Content Cloud
“10-K Item 1: 'For the year ended June 30, 2025, total revenues is comprised of 40% from Content Cloud, 25% from Cybersecurity Cloud'”
OTEX · Concentration risk · 10-K extracted
Open Text (OTEX) concentration risks
Updated
The most significant concentration Open Text discloses is Content Cloud at 40%, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Open Text’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 1 disclosed concentration
HIGH0
MEDIUM1
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-08-23Open Text's disclosed concentration is a revenue-mix exposure rather than a counterparty risk, and it sits at a medium-share, structural level. For the year ended June 30, 2025, total revenues comprised 40% from Content Cloud and 25% from Cybersecurity Cloud, meaning the company's two largest reporting segments together account for a majority of the business, with Content Cloud alone representing a medium-share slice of the total. This is a structural, product-mix concentration rather than a dependency on any single customer or supplier — the risk is tied to demand trends within these two segments rather than to a specific counterparty relationship. A slowdown in enterprise content management spending, which underpins Content Cloud, or in cybersecurity budgets, which underpins the Cybersecurity Cloud line, would have a proportionate effect on Open Text's consolidated results given how much revenue these two segments represent together. No supplier or geographic concentration is disclosed in the reviewed filing excerpt, so the visible risk here is confined to this product-segment mix rather than a broader operational dependency. For a diversified enterprise software vendor, this level of segment concentration is disclosed plainly and reflects the company's core two-pillar strategy rather than an unusual dependency.
For the engine’s reasoning on OTEX’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Software - Application
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ADSK | Autodesk, Inc. | 1 | 1 | 1 | 3 |
| ADEA | Adeia Inc. | 1 | 0 | 0 | 1 |
| AGYS | Agilysys, Inc. | 0 | 2 | 0 | 2 |
| OTEX● | Open Text Corporation | 0 | 1 | 0 | 1 |
| ADBE | Adobe Inc. | 0 | 0 | 0 | 0 |
| ADP | Automatic Data Processing, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.