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OTEX

Open Text·NASDAQ
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OTEX fundamentals

Open Text (OTEX) released its earnings on Feb 5, 2026: revenue was 1.32B (YoY -0.36%), beat estimates; EPS was 1.126 (YoY +2.01%), beat estimates.
Revenue / YoY
1.32B
-0.36%
EPS / YoY
1.126
+2.01%
Report date
Feb 5, 2026
OTEX Earnings Call Summary for Q2,2026
  • New CEO Appointment: Ayman Antoun to lead strategic pivot to cloud and AI, with Vertica divestiture completed for $150 million.
  • Revenue Growth: Q2 total revenue $1.33 billion, cloud revenue up 3.4% YoY, and enterprise cloud bookings +18% YoY.
  • Content Dominance: Content business (43% of revenue) grew 4.5% YoY, with cloud content up 18% YoY.
  • AI Innovation: Launch of AI Data Platform with 1,500+ connectors to enterprise systems, positioning for agentic AI training.
  • Profitability: Adjusted EBITDA $491 million (37% margin), non-GAAP EPS $1.13, and free cash flow $279 million.
  • Divestiture Impact: Proceeds from Vertica and eDOCS sales to reduce debt, with $300 million share buyback program.
  • FY26 Outlook: Total revenue growth 1%–2% YoY, Q3 revenue $1.26–$1.28 billion, and focus on core cloud businesses.
EPS
Q1,2018
Q2,2018
Q3,undefined
Q4,2018
Q1,2019
Q2,2019
Q3,2019
Q4,2019
Q1,2020
Q2,2020
Q3,2020
Q4,2020
Q1,2021
Q2,2021
Q3,2021
Q4,2021
Q1,2022
Q2,2022
Q3,2022
Q4,2022
Q1,2023
Q2,2023
Q3,2023
Q4,2023
Q1,2024
Q2,2024
Q3,2024
Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Q1,2026
Q2,2026
Actual
0.60330.7860.86820.95250.72520.81250.81380.89890.71710.80290.75270.87770.72540.91731.01641.25860.94920.99220.95811.10380.78850.981.06531.126
Forecast
0.58010.61450.68120.85560.69410.73140.78520.87690.67470.76460.74360.77210.4560.87070.91211.21950.94811.02210.83140.91530.74410.83890.98871.028
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
+4.00%
+27.91%
+27.45%
+11.33%
+4.48%
+11.09%
+3.64%
+2.51%
+6.28%
+5.01%
+1.22%
+13.68%
+59.08%
+5.35%
+11.44%
+3.21%
+0.12%
-2.93%
+15.24%
+20.59%
+5.97%
+16.82%
+7.75%
+9.53%
Revenue
Q1,2018
Q2,2018
Q3,undefined
Q4,2018
Q1,2019
Q2,2019
Q3,2019
Q4,2019
Q1,2020
Q2,2020
Q3,2020
Q4,2020
Q1,2021
Q2,2021
Q3,2021
Q4,2021
Q1,2022
Q2,2022
Q3,2022
Q4,2022
Q1,2023
Q2,2023
Q3,2023
Q4,2023
Q1,2024
Q2,2024
Q3,2024
Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Q1,2026
Q2,2026
Actual
--------------------805.72M812.17M784.30M857.82M805.43M907.49M816.06M885.52M903.79M905.73M832.92M885.05M1.24B1.50B1.43B1.56B1.46B1.38B1.31B1.33B1.21B1.32B1.31B1.32B
Forecast
--------------------787.14M802.09M749.78M830.25M816.57M846.05M806.65M866.45M901.59M899.67M827.69M868.87M1.18B1.50B1.42B1.52B1.45B1.41B1.31B1.31B1.25B1.30B1.27B1.30B
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
+2.36%
+1.26%
+4.60%
+3.32%
-1.36%
+7.26%
+1.17%
+2.20%
+0.24%
+0.67%
+0.63%
+1.86%
+4.63%
+0.26%
+1.25%
+2.26%
+1.13%
-2.35%
-0.36%
+1.53%
-3.47%
+2.19%
+2.67%
+2.04%

Earnings Call