MEDIUMBuilt-inProduct / Revenue mix
40%
Content Cloud
“10-K Item 1: '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 · 2 disclosed concentrations
HIGH0
MEDIUM2
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).
MEDIUMBuilt-inProduct / Revenue mix
25%
Cybersecurity Cloud
“10-K Item 1: '40% from Content Cloud, 25% from Cybersecurity Cloud, 10% from Business Network Cloud'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-09-06OpenText's disclosed concentration sits in its revenue mix across product lines rather than in customers or suppliers. Content Cloud contributes 40% of total revenues and Cybersecurity Cloud contributes 25%, together making up a majority of the business from just two of the company's cloud offerings — both medium-share, structural exposures tied to how the business is organized rather than dependency on any single counterparty. Because both are structural rather than dependency risks, the practical implication is less about a relationship that could be lost and more about how sensitive overall results are to demand trends within these two specific product categories. A slowdown in either Content Cloud or Cybersecurity Cloud demand would flow through to a meaningful share of consolidated revenue, and the two together represent the bulk of what these sources disclose about OpenText's revenue composition. No customer-specific, geographic, or supplier concentration is disclosed in these source claims, so the company's concentration profile here is best understood as a product-mix story rather than a counterparty-risk one.
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 | 2 | 0 | 2 |
| 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.