Also trades as: OTEX.TO (TSX) · $vol 34M

$27.22

-0.41 (-1.48%)

After Hours: $27.37 (+0.15, +0.53%)

Weekly Expected Move ±3.5%

$26 $27 $28 $29 $30

NASDAQ · Technology · Software - Application · Tech Score Strong Buy · Power 71 · $6.7B mcap · 236M float · 0.653% daily turnover · Short 25% of daily vol

Credit Risk of going bust: higher than 58% of companies Debt: 47.1% of company value Bonds: $497.6M held by 293 funds, 223 bp over Treasuries → details ▾

If the stock fell to about $1.53 (down 94%), Open Text Corporation would be worth roughly what it owes.
Total debt $5.97B against a stock market value of $6.70B.
Distance to default 4.39 (Merton model): prices to 2026-10-26, 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 Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings

Analysis Technicals Weather Peers ESG Institutions ETF Exposure Dark Pool Short Interest Supply Chain

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$5.2B +1.5% ▲

5Y CAGR: +8.4%

Gross Profit

$3.9B +3.6% ▲

5Y CAGR: +12.7%

Operating Income

$1.1B +4.2% ▲

5Y CAGR: +7.2%

Net Income

$643M +47.5% ▲

5Y CAGR: +14.8%

EPS (Diluted)

$2.58 +56.4% ▲

5Y CAGR: +16.9%

EBITDA

$1.5B -2.3% ▼

5Y CAGR: +2.4%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$3.4B	$4.5B	$5.7B	$5.3B	$5.2B
YoY Growth	+3.2%	+28.4%	+28.6%	-7.3%	+1.5%
Cost of Revenue	$1.3B	$1.8B	$2.1B	$1.9B	$1.4B
Gross Profit	$2.1B	$2.8B	$3.6B	$3.4B	$3.9B
Gross Margin	60.9%	61.0%	62.9%	63.5%	73.7%
R&D Expenses	$433M	$688M	$885M	$774M	$648M
SG&A Expenses	$977M	$1.4B	$1.7B	$1.5B	$1.6B
Operating Expenses	$1.4B	$2.1B	$2.6B	$2.3B	$2.8B
Operating Income	$680M	$696M	$1.0B	$1.1B	$1.1B
Operating Margin	19.8%	15.4%	17.7%	20.2%	20.6%
Interest Expense	$163M	$383M	$565M	$377M	$322M
Income Before Tax	$507M	$224M	$722M	$494M	$859M
Tax Expense	$117M	$72M	$261M	$47M	$216M
Net Income	$390M	$152M	$461M	$447M	$643M
Net Margin	11.4%	3.4%	8.1%	8.4%	12.3%
EPS (Diluted)	$1.44	$0.56	$1.71	$1.65	$2.58
EBITDA	$1.1B	$1.3B	$2.1B	$1.5B	$1.5B
Shares Outstanding	272M	270M	273M	264M	249M

Line Item	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3	FY2026 Q4
Revenue	$1.3B	$1.3B	$1.3B	$1.3B	$1.3B	$1.3B	$1.3B	$5.2B
Cost of Revenue	$476M	$456M	$467M	$363M	$351M	$345M	$345M	$1.4B
Gross Profit	$803M	$841M	$784M	$948M	$938M	$982M	$937M	$3.9B
Gross Margin	62.8%	64.8%	62.7%	72.3%	72.8%	74.0%	73.1%	73.7%
R&D Expenses	$192M	$176M	$197M	$187M	$167M	$158M	$171M	$648M
SG&A Expenses	$355M	$361M	$373M	$386M	$363M	$398M	$391M	$1.6B
Operating Expenses	$547M	$537M	$570M	$686M	$668M	$690M	$662M	$2.8B
Operating Income	$256M	$304M	$214M	$261M	$270M	$292M	$275M	$1.1B
Operating Margin	20.0%	23.4%	17.1%	19.9%	21.0%	22.0%	21.4%	20.6%
Interest Expense	$99M	$96M	$91M	$92M	$91M	$90M	$77M	$322M
Income Before Tax	$87M	$273M	$103M	$11M	$186M	$215M	$207M	$859M
Tax Expense	$2M	$49M	$11M	-$18M	$39M	$47M	$34M	$216M
Net Income	$85M	$223M	$93M	$29M	$147M	$168M	$173M	$643M
Net Margin	6.6%	17.2%	7.4%	2.2%	11.4%	12.7%	13.5%	12.3%
EPS (Diluted)	$0.32	$0.87	$0.35	$0.11	$0.57	$0.66	$0.70	$2.58
EBITDA	$345M	$518M	$348M	$264M	$437M	$463M	$435M	$1.8B
Shares Outstanding	268M	265M	264M	258M	254M	254M	248M	249M

OTEX NASDAQ