Open Text Corporation filings document material events for a Canadian enterprise software issuer whose common shares trade on Nasdaq and the TSX. Recent Form 8-K reports cover quarterly financial results, preliminary revenue expectations, cash dividend declarations, and capital-return actions including a normal course issuer bid for common share repurchases.
The filing record also documents governance and executive-officer changes, employment agreement disclosure, and portfolio management actions, including the completed divestiture of Vertica from OpenText's non-core Analytics portfolio. Exhibits to these reports include press releases and, where applicable, agreement materials and Inline XBRL cover-page data.
Open Text Corporation presents itself as a global provider of data management for enterprise AI, supplying the secure data foundation and context layer that links structured and unstructured enterprise data to AI models across cloud and on‑premise deployments. Its portfolio spans seven product categories, including Content, Business Network, IT Operations Management, Cybersecurity for enterprises and SMBs, Application Delivery Management and Analytics, plus the Aviator suite of AI agents embedded across these platforms.
The company reports four revenue streams, with cloud services and subscriptions as the largest growth driver in Fiscal 2026, alongside customer support, licenses and professional services. It emphasizes disciplined capital allocation, divesting Vertica, eDOCS and its AMC business for cash proceeds, while earlier acquiring Micro Focus and Zix to expand its software base. OpenText spent $647.7 million on R&D in Fiscal 2026 and employed about 19,900 people worldwide. As of December 31, 2025, the aggregate market value of non‑affiliate common shares was about $8.1 billion, with 242,126,739 shares outstanding on July 31, 2026. Extensive risk disclosures highlight technology, AI, cybersecurity, regulatory, tax and macroeconomic uncertainties.
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.
BlackRock, Inc. reports its beneficial ownership of 14,810,675 shares of Open Text Corporation common stock, representing 6.1% of the class, in this amended Schedule 13G filing. These shares reflect holdings of certain BlackRock reporting business units, excluding other disaggregated units.
BlackRock has sole voting power over 14,563,924 shares and sole dispositive power over the full 14,810,675 shares, with no shared voting or dispositive power reported. Various underlying clients and investors have rights to dividends or sale proceeds from these securities, but no single such person is reported to hold more than 5% of Open Text’s outstanding common shares.
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.
OTEX (Form 144): proposed and recent dispositions of Common Stock by an insider. The excerpt lists multiple equity compensation items (stock option exercise and restricted stock units vesting) and shows three open-market sales by Paul M. Duggan of 4,623 shares each on 05/26/2026, 05/29/2026, and 06/01/2026, with gross proceeds of $107,961.55, $110,304.87, and $113,288.00 respectively. Shares outstanding are shown as 242,662,360 as of 06/03/2026.
Charles Schwab Corp submitted a Form 144 notice related to proposed sales of common stock. The filing lists a numeric quantity 321,922.00 on the securities line and identifies Nasdaq as the market. The notice also lists three Restricted Stock Units Vesting entries: 8,521 vesting on 11/07/2025, 4,277 vesting on 08/12/2025, and 1,072 vesting on 11/08/2021.
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.
Open Text Corporation reports solid results for the quarter and nine months ended March 31, 2026, with revenue and profit both higher than a year ago.
Quarterly revenue reached $1.28 billion, up from $1.25 billion, driven by $1.06 billion of recurring cloud and support revenue. Net income attributable to OpenText rose to $172.7 million, and nine‑month net income increased to $487.4 million, reflecting stronger profitability.
The company generated robust operating cash flow of $821.0 million over nine months, ending with $1.25 billion in cash and cash equivalents. Long‑term debt stood at $6.21 billion, with a consolidated net leverage ratio of 3.02:1. OpenText continued returning capital through dividends and repurchased 14.2 million shares for about $404 million year‑to‑date while maintaining total assets above $13.3 billion.
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.
Open Text Corporation reports a passive Schedule 13G filing disclosing beneficial ownership by FIL Limited and affiliated entities. FIL Limited (via Pandanus Partners, L.P. and Pandanus Associates, Inc.) reports 17,184,000 shares of Common Stock, representing 6.9% of the class. The filing lists sole dispositive and voting power corresponding to the same share count and references a Power of Attorney and Exhibit 99.