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.
Charles Schwab Corp submitted a Form 144 notice related to proposed sales of common stock. The filing lists a numeric quantity 321,922.00 on the securities line and identifies Nasdaq as the market. The notice also lists three Restricted Stock Units Vesting entries: 8,521 vesting on 11/07/2025, 4,277 vesting on 08/12/2025, and 1,072 vesting on 11/08/2021.
OpenText Corporation has completed the divestiture of 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 is described as consistent with OpenText’s non-core divestiture strategy and disciplined capital allocation.
OpenText intends to use the net cash proceeds from the Vertica sale to reduce outstanding debt, shifting its balance sheet toward lower leverage. Under the agreement, Vertica’s software, client contracts, and associated services and employees will transfer to Rocket Software, narrowing OpenText’s focus on its core data management and enterprise AI businesses.
Open Text Corporation reports solid results for the quarter and nine months ended March 31, 2026, with revenue and profit both higher than a year ago.
Quarterly revenue reached $1.28 billion, up from $1.25 billion, driven by $1.06 billion of recurring cloud and support revenue. Net income attributable to OpenText rose to $172.7 million, and nine‑month net income increased to $487.4 million, reflecting stronger profitability.
The company generated robust operating cash flow of $821.0 million over nine months, ending with $1.25 billion in cash and cash equivalents. Long‑term debt stood at $6.21 billion, with a consolidated net leverage ratio of 3.02:1. OpenText continued returning capital through dividends and repurchased 14.2 million shares for about $404 million year‑to‑date while maintaining total assets above $13.3 billion.
OpenText Corporation reported solid third-quarter fiscal 2026 results while raising shareholder returns. Total revenues were $1.283 billion, up 2.2% year over year, led by cloud revenues of $493 million, which grew 6.6% and marked 21 consecutive quarters of organic cloud growth. Annual recurring revenues reached $1.058 billion, up 2.7%.
Profitability improved sharply. GAAP net income rose to $173 million, an 86.0% increase year over year, with GAAP diluted EPS of $0.70 versus $0.35 a year ago. Non-GAAP diluted EPS was $1.01, up 23.2%, and adjusted EBITDA was $438 million, giving a margin of 34.1%. Operating cash flow was $355 million and free cash flow was $305 million, both lower than the prior-year quarter as the company invested in the business and absorbed restructuring and other items.
OpenText continued returning cash to shareholders. The company delivered $313 million of capital returns in the quarter, including $66 million of dividends and $247 million of share repurchases, retiring 9.7 million shares and ending the quarter with 242.2 million shares outstanding, 6.7% fewer than a year earlier. Consistent with its dividend policy, the board declared a $0.275 per common share dividend, payable on June 19, 2026 to shareholders of record on June 5, 2026.
Leadership and strategic focus were also highlighted. Ayman Antoun officially joined as Chief Executive Officer effective April 20, 2026, with management emphasizing enterprise AI, cloud growth and disciplined execution. Management reaffirmed its focus on expanding adjusted EBITDA, generating strong free cash flow and executing a balanced capital allocation strategy.
Open Text Corporation reports a passive Schedule 13G filing disclosing beneficial ownership by FIL Limited and affiliated entities. FIL Limited (via Pandanus Partners, L.P. and Pandanus Associates, Inc.) reports 17,184,000 shares of Common Stock, representing 6.9% of the class. The filing lists sole dispositive and voting power corresponding to the same share count and references a Power of Attorney and Exhibit 99.
Open Text Corp ownership update: a group of institutional filers reported combined beneficial ownership of 27,767,686 common shares, representing 11.31% of the class. The filing lists 1832 Asset Management L.P. with 27,039,270 shares and two broker/adviser entries with smaller positions. Signatures certify applicable foreign regulatory comparability.
BlackRock, Inc. filed Amendment No. 3 to a Schedule 13G/A reporting beneficial ownership of 20,666,069 shares of Open Text Corporation common stock, representing 8.2%. The filing lists 19,828,650 shares as sole voting power and 20,666,069 shares as sole dispositive power as shown for the reporting period 03/31/2026. The cover and Item 4 identify the reporting entities as certain business units of BlackRock, Inc. and note that other BlackRock business units are excluded under SEC Release No. 34-39538.
OpenText Corporation announced executive leadership changes focused on its client organization. Effective April 20, 2026, James McGourlay transitions from Interim Chief Executive Officer to President, Chief Client Officer, leading global client experience, professional services, and renewals, and reporting to CEO Ayman Antoun.
Paul Duggan is stepping down as President, Chief Customer Officer on April 20, 2026, becoming Executive Vice President, Special Advisor, and remaining on the Executive Leadership Team until his planned departure on July 1, 2026. The company highlights continued focus on client outcomes, cloud migration, and its role in data management for enterprise AI.
Open Text Corporation furnished an update on its business, announcing preliminary third quarter fiscal 2026 revenue expectations of approximately US$1.28 billion. These figures are management estimates only and remain subject to normal quarter-end accounting procedures, closing adjustments and other developments before results are finalized.
The company plans to release full third quarter fiscal 2026 financial results on May 7, 2026, at about 4:00 p.m. ET, followed by a 5:00 p.m. ET webcast hosted by senior leadership. The release also notes that Ayman Antoun will commence his role as Chief Executive Officer on April 20, 2026 and will participate in the upcoming earnings call.
OpenText Corporation increased its Fiscal 2026 share repurchase program by US$200 million, bringing the total authorized amount to US$500 million of common shares for cancellation. The buybacks are conducted under a normal course issuer bid covering up to 24,906,456 common shares.
The program runs from August 12, 2025 to August 11, 2026, unless the maximum purchase limits are reached earlier. During Fiscal 2026, OpenText has already repurchased approximately US$190 million of common shares as of January 31, 2026, including about 5 million shares for roughly US$165 million since the NCIB began.