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Open Text Corp
XMUN:OTX

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Open Text Corp
XMUN:OTX
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Price: 20.03 EUR 1.34% Market Closed
Market Cap: €8.8B

Open Text Corp
Investor Relations

OpenText sells enterprise software that helps companies store, organize, search, secure, and move business information. Its tools are used for document management, records management, workflow automation, digital archiving, and business-to-business information sharing. In plain terms, it helps large organizations keep track of the files, messages, contracts, and records they need to run day to day. Its main customers are businesses and public-sector organizations with lots of information to manage, especially in regulated industries like banking, healthcare, manufacturing, and government. OpenText makes money mainly by selling software subscriptions, cloud services, and support contracts, with some additional income from licenses and related services. What makes OpenText different is that it sits in the middle of the information lifecycle: it does not just store data, it helps companies govern, route, and protect it. That makes it especially useful for organizations that need controlled access, audit trails, and long-term records, rather than just simple file storage.

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Last Earnings Call
Fiscal Period
Q3 2026
Call Date
May 7, 2026
AI Summary
Q3 2026

Quarter: OpenText reported total revenue of $1.28 billion, with cloud revenue of $493 million, and said Q3 was its 21st consecutive quarter of organic cloud growth.

Outlook: Management left full-year total revenue growth guidance unchanged at 1% to 2%, but raised cloud revenue growth, enterprise cloud bookings growth, and free cash flow growth targets.

AI Demand: Executives said client interest in AI remains strong, with no material slowdown in decision-making, and that larger deals are increasingly including Aviator.

Margins/Cash: Profitability and cash flow improved, with adjusted EBITDA margin at 34.1% and free cash flow of $305 million in the quarter, while year-to-date free cash flow reached $686 million.

Leadership: New CEO Ayman Antoun framed his early focus around listening, learning, assessing, and building a more disciplined organic growth plan anchored in client feedback and execution.

Capital Allocation: Management emphasized disciplined capital allocation, ongoing share repurchases, dividend discipline, and a cautious approach to portfolio sales until market conditions improve.

Key Financials
Total revenue
$1.28 billion
Cloud revenue
$493 million
Content business revenue
44% of total revenues
Cloud net renewal rate
95%
Customer support revenue
$565 million
Customer support net renewal rate
93%
Annual recurring revenue
$1.06 billion
GAAP gross margin
73.1%
Adjusted EBITDA margin
34.1%
GAAP net income
$173 million
GAAP diluted EPS
$0.70
Adjusted diluted EPS
$1.01
Free cash flow
$305 million
Year-to-date free cash flow
$686 million
Year-to-date adjusted EBITDA margin
35.8%
Year-to-date adjusted diluted EPS
$3.19
Enterprise cloud bookings
$651 million
Cloud deals over $1 million
41
Share repurchases
9.7 million shares
Shares outstanding
242.2 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Mark J. Barrenechea
Vice Chairman, CEO & CTO
No Bio Available
Mr. Paul Michael Duggan
President & Chief Customer Officer
No Bio Available
Ms. Madhu Ranganathan CPA, M.B.A.
President, CFO & Corporate Development
No Bio Available
Mr. Todd M. Cione
President of OpenText Worldwide Sales
No Bio Available
Mr. Muhi S. Majzoub
Executive VP & Chief Product Officer
No Bio Available
Mr. Cosmin Balota
Senior VP & Chief Accounting Officer
No Bio Available
Mr. Harry Edward Blount
Senior VP & Global Head of Investor Relations
No Bio Available
Mr. Michael F. Acedo
Executive VP, Chief Legal Officer & Corporate Secretary
No Bio Available
Ms. Sandy Ono
Executive VP & Chief Marketing Officer
No Bio Available
Mr. Brian Sweeney
Executive VP & Chief Human Resources Officer
No Bio Available

Contacts

Address
ONTARIO
Waterloo
275 Frank Tompa Dr
Contacts
+15198887111.0
www.opentext.com
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