Also trades as: OTEX.TO (TSX) · $vol 34M
OTEX NASDAQ
Open Text Corporation
1W: +2.7%
1M: +22.5%
3M: +5.2%
YTD: -14.2%
1Y: -30.3%
3Y: -11.8%
5Y: -38.6%
$27.22
-0.41 (-1.48%)
Weekly Expected Move ±3.5%
$26
$27
$28
$29
$30
Credit Risk of going bust: higher than 58% of companies Debt: 47.5% of company value Bonds: $497.6M held by 293 funds, 223 bp over Treasuries → details ▾
If the stock fell to about $1.52 (down 94%), Open Text Corporation would be worth roughly what it owes.
Total debt $5.97B against a stock market value of $6.61B.
Distance to default 4.37 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $2.90B (short-term plus half of long-term), stock volatility 38.4%; Altman Z'' 1.15. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Total debt $5.97B against a stock market value of $6.61B.
Distance to default 4.37 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $2.90B (short-term plus half of long-term), stock volatility 38.4%; Altman Z'' 1.15. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Overview
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Financials
Income Statement
Cash Flow
Balance Sheet
Earnings
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Institutions
ETF Exposure
Dark Pool
Short Interest
Supply Chain
Cash Flow Trends
Operating Cash Flow
$1.0B
+21.2% ▲
5Y CAGR: +2.8%
Capital Expenditures
$199M
-39.2% ▼
5Y CAGR: +25.6%
Free Cash Flow
$808M
+17.5% ▲
5Y CAGR: -0.1%
Dividends Paid
$268M
+1.2% ▲
Buybacks
$469M
+13.7% ▲
Net Change in Cash
-$201M
-61.1% ▼
Cash Flow Composition
Year-over-Year Growth
View Full Cash Flow Statement
| Line Item | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|
| — Operating Activities — | |||||
| Net Income | $397M | $151M | $465M | $436M | $643M |
| Depreciation & Amort. | $504M | $657M | $808M | $641M | $607M |
| Stock-Based Comp. | $70M | $130M | $140M | $105M | $81M |
| Change in Working Capital | $48M | -$207M | -$12M | -$310M | -$278M |
| Other Non-Cash Items | -$1M | $198M | -$291M | $97M | -$20M |
| Operating Cash Flow | $982M | $779M | $968M | $831M | $1.0B |
| — Investing Activities — | |||||
| Capital Expenditures | -$93M | -$124M | -$159M | -$143M | -$199M |
| Acquisitions (Net) | -$874M | -$5.7B | $2.2B | -$12M | $0 |
| Investment Purchases | $0 | $0 | $0 | -$10M | $0 |
| Investment Sales | $0 | $131M | $0 | $0 | $312M |
| Other Investing | -$4M | -$873K | -$5M | $12M | $5M |
| Investing Cash Flow | -$971M | -$5.7B | $2.1B | -$154M | $117M |
| — Financing Activities — | |||||
| Net Debt Issuance | $640M | $4.7B | -$2.6B | -$36M | -$635M |
| Stock Repurchased | -$289M | -$22M | -$203M | -$544M | -$469M |
| Dividends Paid | -$238M | -$260M | -$267M | -$272M | -$268M |
| Other Financing | $25M | -$40M | $77M | $17M | -$3M |
| Financing Cash Flow | $138M | $4.4B | -$3.0B | -$835M | -$1.3B |
| Net Change in Cash | $86M | -$462M | $49M | -$125M | -$201M |
| Cash End of Period | $1.7B | $1.2B | $1.3B | $1.2B | $957M |
| Free Cash Flow | $889M | $655M | $808M | $687M | $808M |