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Open Text Corporation

NASDAQ•OTEX
CEO: Mr. Mark J. Barrenechea
Sector: Technology
Industry: Software - Application
Listing Date: 1996-01-24
Open Text Corporation engages in the provision of information management products and services. The company offers content services, including content collaboration and intelligent capture to records management, collaboration, e-signatures, and archiving; and operates experience cloud platform that provides customer experience and web content management, digital asset management, customer analytics, AI and insights, e-discovery, digital fax, omnichannel communications, secure messaging, and voice of customer, as well as customer journey, testing, and segmentation. It also provides cybersecurity cloud solutions to protect, prevent, detect, respond, and quickly recover from threats across endpoints, network, applications, IT infrastructure and data, AI-led threat intelligence; and to protect critical information and processes through threat intelligence, forensics, identity, encryption, and cloud-based application security. In addition, the company offers business network cloud for digital supply chains and secure e-commerce ecosystems including digitize and automate procure-to-pay and order-to-cash processes; IT operations management cloud for automation and advancement of IT support and asset management; analytics and AI cloud solutions that offers artificial intelligence with practical usage to provide organizations with actionable insights and better automation, such as visualizations, advanced natural language processing and understanding, and integrated computer vision capabilities; and provides application automation cloud, developers cloud, and services. Further, it has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, DXC Technology Company, Accenture plc, Capgemini Technology Services SAS, Deloitte Consulting LLP, Hewlett Packard Enterprises, and Tata Consultancy Services. The company was incorporated in 1991 and is headquartered in Waterloo, Canada.
Contact Information
275 Frank Tompa Drive, Waterloo, ON, N2L 0A1, Canada
N/A
www.opentext.com
Market Cap
$5.39B
P/E (TTM)
10.7
76.6
Dividend Yield
4.9%
52W High
$39.90
52W Low
$20.00
52W Range
11%
Rank37Top 34.1%
4.4
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.4 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q3 2026 Data

Revenue

$1.26B+0.00%
4-Quarter Trend

EPS

$0.70+0.00%
4-Quarter Trend

FCF

$301.48M+0.00%
4-Quarter Trend

2026 Q2 Earnings Highlights

Key Highlights

Operating Cash Flow Surge Cash provided by operating activities reached $466.4M (6M), showing a $196.2M increase compared to prior period.
Recurring Revenue Stability Total recurring revenue was $1.060B (3M), increasing 0.7% versus prior year, driven by Cloud services growth.
Gross Margin Expansion GAAP gross margin improved to 74.0% (3M), up 70 basis points, reflecting better cost management.
Debt Reduction via Divestiture eDOCS divestiture closed Jan 2026, yielding $163.0M used immediately to prepay Acquisition Term Loan balance.

Risk Factors

Canadian Tax Dispute Exposure Estimated aggregate liability for CRA transfer pricing dispute limited to $88.0M in penalties, interest, and provincial taxes.
GAAP Net Income Decline GAAP net income attributable to OpenText fell to $168.1M (3M) from $229.9M in the prior comparable period.
Significant Amortization Costs Acquired intangible asset amortization totaled $246.6M (6M), impacting GAAP profitability metrics significantly.
Geopolitical and Macro Risks Business operations remain subject to risks from global trade tensions, inflation, and geopolitical conflicts worldwide.

Outlook

Fiscal 2026 Growth Guidance Company maintains full year Fiscal 2026 outlook: Total Revenues growth projected between 1% to 2%.
EBITDA Margin Target Adjusted EBITDA Margin guidance for Fiscal 2026 remains firm, targeted between 17% to 20% range.
Strategic AI Focus Prioritizing AI-first Information Management offerings and portfolio shaping through strategic acquisitions and divestitures.
New CEO Appointment Ayman Antoun appointed as Chief Executive Officer, effective April 20, 2026, succeeding the interim leader.

Peer Comparison

Revenue (TTM)

OTEX stock ticker logoOTEX
$5.21B
+0.4%
DOX stock ticker logoDOX
$4.62B
-2.7%
AKAM stock ticker logoAKAM
$4.27B
+6.2%

Gross Margin (Latest Quarter)

PCOR stock ticker logoPCOR
80.1%
-1.7pp
PAYC stock ticker logoPAYC
80.1%
-2.5pp
ESTC stock ticker logoESTC
75.4%
+1.4pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
AKAM$19.41B44.69.1%50.4%
MANH$8.46B39.478.2%7.5%
PAYC$7.34B14.631.0%15.8%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-1.7%
Flat Growth
4Q Net Income CAGR
79.8%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:Aug 6, 2026
|
EPS:$1.05
|
Revenue:$1.30B
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement
LTM
No Data