earnings
confidence high
sentiment positive
materiality 0.75
OpenText Q2 FY2026 revenues $1.33B (-0.6% YoY); cloud growth 3.4%; EPS $0.66 GAAP, $1.13 non-GAAP
OPEN TEXT CORP
2026-Q2 EPS reported
$1.24
revenue$2,614,871,000
- Total revenues $1.327B (-0.6% YoY); cloud revenues $478M (+3.4% YoY), 20th consecutive quarter of cloud organic growth.
- Net income GAAP $168M (-26.9% YoY); adjusted EBITDA $491M (37.0% margin); free cash flow $279M.
- Diluted EPS GAAP $0.66 (-24.1% YoY); non-GAAP $1.13 (+1.8% YoY).
- Dividend declared $0.275/share, payable March 20, 2026 to holders of record March 6, 2026.
- CEO transition: James McGourlay (interim) to be succeeded by Ayman Antoun; announced divestiture of Vertica as non-core.