Welcome to our dedicated page for OPEN TEXT SEC filings (Ticker: OTEX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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 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.
BlackRock, Inc. filed an amended Schedule 13G showing it beneficially owns 18,146,281 shares of Open Text Corporation common stock, representing 7.2% of the class as of 12/31/2025. BlackRock reports sole voting power over 17,297,417 shares and sole dispositive power over 18,146,281 shares, with no shared voting or dispositive power.
The filing aggregates holdings of certain BlackRock business units and notes that various underlying clients have rights to dividends or sale proceeds, but no single client holds more than five percent of Open Text’s outstanding common shares. BlackRock certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Open Text.
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 (OTEX) reported Q1 FY2026 results for the three months ended September 30, 2025. Revenue was $1,288,135, up slightly from $1,269,005 a year ago, as growth in cloud services and subscriptions ($484,509) offset softer customer support ($586,845) and professional services ($82,233). License revenue rose to $134,548. Gross profit reached $937,516 and income from operations improved to $269,949.
Profitability strengthened: net income was $146,660 versus $84,422 last year, with diluted EPS of $0.58 versus $0.32. Operating cash flow was $147,763, compared to a use of cash of $(77,806) last year. The company paid dividends of $0.275 per share ($68.2 million) and repurchased and cancelled 3,156,323 shares for $102.0 million.
Balance sheet and backlog: cash and cash equivalents were $1,087,083. Total debt outstanding was $6,374,719, and the disclosed consolidated net leverage ratio was 3.35:1.00 as of September 30, 2025. Deferred revenues totaled $1,562,009 (short- and long‑term). Remaining performance obligations were $4.2 billion, with 59% expected to be recognized over the next 12 months. Assets held for sale of $104,023 and related liabilities of $14,111 reflect the proposed divestiture of the eDOCS business.
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.
Form 144 notice shows a proposed sale by an insider of 100,009 common shares, with an aggregate market value of $3,868,308.12, planned for 10/10/2025 on NASDAQ. The shares were recorded as acquired on 10/10/2025 through an exercise of options under a registered plan with payment in cash. The filing lists the broker as Morgan Stanley Smith Barney LLC.
The issuer has 254,316,690 shares outstanding, and the filer disclosed two recent sales within the prior three months: 108,320 shares sold on 10/07/2025 for $4,108,306.80 and 217,957 shares sold on 09/05/2025 for $7,232,772.28. The signer affirms no undisclosed material adverse information.
Open Text Corporation (OTEX) has four Canadian institutional filers reporting a combined beneficial ownership of 25,342,398 common shares, equal to 10.02% of the outstanding class as of the 09/30/2025 event date. Individual holdings disclosed include 21,150,154 shares (Jarislowsky, Fraser Limited, 8.3624%), 3,485,528 shares (1832 Asset Management, 1.3781%), 410,284 shares (Scotia McLeod, 0.1622%), and 296,432 shares (MD Financial Management, 0.1172%). The filers certify these shares are held in the ordinary course of business and not for the purpose of changing or influencing control.
Open Text Corp (OTEX) filed a Form 144 reporting a proposed sale of 108,320 common shares acquired by exercise of options under a registered plan and to be sold through Morgan Stanley Smith Barney LLC on 10/07/2025. The filing lists an $4,108,306.80 aggregate market value and shows 254,316,690 shares outstanding, placing the proposed sale at a small fraction of the outstanding base. The filing also discloses a prior disposition by the same account of 217,957 shares on 09/05/2025 with gross proceeds of $7,232,772.28. The signer represents no undisclosed material adverse information.
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.