Every 8-K that Open Text Corp (OTEX) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow OTEX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full OTEX filings page.
OpenText Corporation reported fourth‑quarter 2026 revenue of $1.349 billion, up 2.9% year over year, including cloud services revenue of $503 million, up 6.0%. GAAP net income was approximately $156 million with diluted EPS of $0.64, while non‑GAAP diluted EPS was $1.23. Adjusted EBITDA was about $507 million, a 37.6% margin, and operating cash flow was $186 million with free cash flow of $122 million.
For fiscal 2026, revenue was $5.246 billion, up 1.5%, including cloud revenue of $1.959 billion, up 5.5%. GAAP net income rose to $643 million (12.3% margin) and diluted EPS to $2.58; non‑GAAP diluted EPS was $4.42. Adjusted EBITDA reached $1.903 billion with a 36.3% margin, and free cash flow was $808 million, up 17.5% year over year.
Annual recurring revenue was $4.246 billion and enterprise cloud bookings were $947 million. The company returned $677 million to shareholders via $268 million in dividends and $409 million of share repurchases and reduced long‑term debt to $5.73 billion from $6.34 billion. The board declared a $0.28 per‑share cash dividend, payable September 18, 2026 to shareholders of record on September 4, 2026.
Open Text Corporation announced that Jill Larsen has been appointed to its board of directors effective July 17, 2026. Larsen is Chief People Officer at Synopsys, Inc. and has held senior human resources and C-suite roles at several global technology companies. She holds degrees from Boston College and Emmanuel College, is a certified Professional in Human Resources, and a member of the National Association of Corporate Directors.
Larsen will participate in OpenText’s Director’s Deferred Share Unit Plan, under which non-management directors may elect to defer retainers and fees in common shares, and will receive standard non-employee director compensation. The board determined she is independent under Canadian, U.S., NASDAQ and TSX standards. In conjunction with her appointment, Kristen Ludgate resigned from the board for personal reasons, not due to any disagreement with the company, effective July 17, 2026. OpenText issued a press release detailing these governance changes.
OpenText Corporation has completed the divestiture of Vertica, a part of its non-core Analytics portfolio, to Rocket Software Inc. for US$150 million in cash before taxes, fees and other adjustments. The transaction is described as consistent with OpenText’s non-core divestiture strategy and disciplined capital allocation.
OpenText intends to use the net cash proceeds from the Vertica sale to reduce outstanding debt, shifting its balance sheet toward lower leverage. Under the agreement, Vertica’s software, client contracts, and associated services and employees will transfer to Rocket Software, narrowing OpenText’s focus on its core data management and enterprise AI businesses.
OpenText Corporation reported solid third-quarter fiscal 2026 results while raising shareholder returns. Total revenues were $1.283 billion, up 2.2% year over year, led by cloud revenues of $493 million, which grew 6.6% and marked 21 consecutive quarters of organic cloud growth. Annual recurring revenues reached $1.058 billion, up 2.7%.
Profitability improved sharply. GAAP net income rose to $173 million, an 86.0% increase year over year, with GAAP diluted EPS of $0.70 versus $0.35 a year ago. Non-GAAP diluted EPS was $1.01, up 23.2%, and adjusted EBITDA was $438 million, giving a margin of 34.1%. Operating cash flow was $355 million and free cash flow was $305 million, both lower than the prior-year quarter as the company invested in the business and absorbed restructuring and other items.
OpenText continued returning cash to shareholders. The company delivered $313 million of capital returns in the quarter, including $66 million of dividends and $247 million of share repurchases, retiring 9.7 million shares and ending the quarter with 242.2 million shares outstanding, 6.7% fewer than a year earlier. Consistent with its dividend policy, the board declared a $0.275 per common share dividend, payable on June 19, 2026 to shareholders of record on June 5, 2026.
Leadership and strategic focus were also highlighted. Ayman Antoun officially joined as Chief Executive Officer effective April 20, 2026, with management emphasizing enterprise AI, cloud growth and disciplined execution. Management reaffirmed its focus on expanding adjusted EBITDA, generating strong free cash flow and executing a balanced capital allocation strategy.
OpenText Corporation announced executive leadership changes focused on its client organization. Effective April 20, 2026, James McGourlay transitions from Interim Chief Executive Officer to President, Chief Client Officer, leading global client experience, professional services, and renewals, and reporting to CEO Ayman Antoun.
Paul Duggan is stepping down as President, Chief Customer Officer on April 20, 2026, becoming Executive Vice President, Special Advisor, and remaining on the Executive Leadership Team until his planned departure on July 1, 2026. The company highlights continued focus on client outcomes, cloud migration, and its role in data management for enterprise AI.
Open Text Corporation furnished an update on its business, announcing preliminary third quarter fiscal 2026 revenue expectations of approximately US$1.28 billion. These figures are management estimates only and remain subject to normal quarter-end accounting procedures, closing adjustments and other developments before results are finalized.
The company plans to release full third quarter fiscal 2026 financial results on May 7, 2026, at about 4:00 p.m. ET, followed by a 5:00 p.m. ET webcast hosted by senior leadership. The release also notes that Ayman Antoun will commence his role as Chief Executive Officer on April 20, 2026 and will participate in the upcoming earnings call.
OpenText Corporation increased its Fiscal 2026 share repurchase program by US$200 million, bringing the total authorized amount to US$500 million of common shares for cancellation. The buybacks are conducted under a normal course issuer bid covering up to 24,906,456 common shares.
The program runs from August 12, 2025 to August 11, 2026, unless the maximum purchase limits are reached earlier. During Fiscal 2026, OpenText has already repurchased approximately US$190 million of common shares as of January 31, 2026, including about 5 million shares for roughly US$165 million since the NCIB began.
Open Text Corporation has filed a current report highlighting its latest quarterly results announcement and a new cash dividend. The company issued a press release with financial results for the quarter ended December 31, 2025, which is attached as an exhibit.
The Board of Directors declared a cash dividend of $0.275 per common share, payable on March 20, 2026 to shareholders of record on March 6, 2026. The company reiterates its commitment to returning value through its dividend program, while emphasizing that future dividends will be determined each quarter at the Board’s discretion based on financial condition, cash needs and contractual limits under its credit agreements.
Open Text Corporation has signed a definitive agreement to sell Vertica, a part of its non-core Analytics portfolio, to Rocket Software Inc. for US$150 million in cash, before taxes, fees and other adjustments. The transaction reflects Open Text’s move to divest non-core assets and focus its portfolio. The agreement details were first shared through a company press release that is included with this filing as an exhibit.
OpenText Corporation has appointed Ayman Antoun as Chief Executive Officer and a member of its Board of Directors, effective April 20, 2026. He will succeed James McGourlay, who has been serving as Interim CEO after a search process.
After the transition, Mr. McGourlay will move into another role on OpenText’s Executive Leadership Team, while P. Thomas Jenkins will shift from Executive Chair and Chief Strategy Officer back to Chair of the Board. Mr. Antoun brings over 35 years of executive experience, including roles as President of Americas at a major technology company, President of Canada and General Manager of Global Technology Services, and leadership positions at Bell Canada.
OpenText and Mr. Antoun have entered into an employment agreement effective April 20, 2026, detailed in Exhibit 10.1. He will not receive additional compensation for serving on the Board and will not join any Board committees. The company also issued a press release about his appointment, filed as Exhibit 99.1.
Open Text Corporation reported that it has completed the divestiture of its on-premise eDOCS solution, part of its Analytics portfolio, to NetDocuments Software, Inc. for US$163 million in cash before taxes, fees and other adjustments. This transaction moves eDOCS out of OpenText’s product suite and brings in cash proceeds from the sale. The company also attached the related press release as an exhibit, providing additional detail on the divestiture.
OpenText Corporation announced quarterly results for the period ended September 30, 2025 and declared a cash dividend of $0.2750 per common share, payable on December 19, 2025 to shareholders of record on December 5, 2025. The results were furnished via a press release included as Exhibit 99.1.
The company reaffirmed its intent to maintain its dividend program, while noting that future dividends are at the Board’s discretion and subject to factors such as financial position, available cash, alternative uses of cash, and contractual limitations under existing credit agreements.
OpenText Corporation appointed George Schindler to its board of directors on October 6, 2025. Mr. Schindler served as President and Chief Executive Officer of CGI Inc. from 2016 to 2024 and previously held senior operating roles at CGI, bringing multi‑year leadership experience in large IT services operations. He is eligible to participate in OpenText’s Director’s Deferred Share Unit Plan, under which non‑management directors may elect to defer retainers and fees into common shares, and will receive standard non‑employee director compensation. The Board concluded Mr. Schindler is independent under applicable Canadian and U.S. rules and NASDAQ/Toronto Stock Exchange standards. The company disclosed there are no related‑party arrangements or family relationships requiring reporting. A press release announcing the appointment is filed as Exhibit 99.1.
Open Text Corporation disclosed that it has signed a definitive agreement to divest its on-premise eDOCS solution, which is part of its Analytics portfolio, to NetDocuments. The transaction is valued at US$163 million in cash, meaning Open Text is set to receive cash proceeds while transferring this specific product line to the buyer. The agreement reflects a targeted portfolio move focused on this on-premise solution, rather than a broader business sale. The company also issued a press release on October 2, 2025, providing further details on the divestiture.
Open Text Corporation furnished an investor presentation as a corporate update for analysts and investors, beginning on or after September 8, 2025. The presentation is attached as Exhibit 99.1 and is also available on the Events & Presentations section of the company’s website.
The company states that this information is being provided under Regulation FD and is considered “furnished,” not “filed,” which limits how it is treated under U.S. securities laws. The materials include forward-looking statements and are subject to the safe harbor provisions in U.S. and Canadian securities laws, and should be read together with the risk factors in the company’s annual and quarterly reports.
OpenText appointed James McGourlay as Interim Chief Executive Officer effective immediately on August 11, 2025. He will receive an additional premium of C$25,695 per pay period while serving as interim CEO and for fiscal 2026 will be eligible for targeted annual variable compensation equal to 100% of his annual base salary (inclusive of the premium). He is also eligible for a target award of US$281,250 in restricted and performance share units. No other employment terms will change.
OpenText named Cosmin Balota as interim Chief Financial Officer effective August 15, 2025. While retaining his SVP, Chief Accounting Officer role, Mr. Balota will receive an additional C$4,688 per pay period while serving as interim CFO, a completion bonus of C$100,000 payable three months after his interim service ends, and a grant of 20,000 stock options that vest 25% each year over four years. No other employment terms will change.
OpenText announced an immediate executive leadership transition: James McGourlay was appointed Interim Chief Executive Officer and Mark J. Barrenechea was transitioned from his roles as CEO, Chief Technology Officer and Vice Chairman, effective immediately. The Board designated P. Thomas Jenkins as Executive Chair and Chief Strategy Officer and established an Executive Committee to support leadership during the transition; members include Jenkins (Chair), McGourlay (Interim CEO), Paul Duggan, Todd Cione, Cosmin Balota (Interim CFO & Chief Accounting Officer) and Michael Acedo.
The Board also named Major-General (Ret.) David Fraser as independent Lead Director and formed a CEO Search Committee of independent directors that will retain a leading executive search firm to identify the company’s next CEO. The filing notes Mr. McGourlay previously served as Executive Vice President, International Sales since 2021, leading sales across Asia, Japan, Latin America and Advancing Market regions, and states there are no arrangements, family relationships or related transactions requiring disclosure regarding his appointment.
Open Text (NASDAQ:OTEX) filed a Form 8-K on June 26, 2025 reporting the appointment of Kristen Ludgate, former HP Chief People Officer and 3M EVP & CHRO, to its Board of Directors. She will receive standard non-employee director compensation and may defer fees into shares through the company’s Director’s Deferred Share Unit Plan. No other material business, financial, or strategic changes were disclosed.