secwatch.observer — SEC 8-K summary
======================================

Issuer:     OPEN TEXT CORP (OTEX)
CIK:        0001002638
Form:       8-K
Filed at:   2026-02-05T23:59:59+00:00
Accession:  0001002638-26-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OpenText Q2 FY2026 revenues $1.33B (-0.6% YoY); cloud growth 3.4%; EPS $0.66 GAAP, $1.13 non-GAAP
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1002638/000100263826000020/0001002638-26-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1002638/000100263826000020/otex-20260205.htm
  HTML page:      https://secwatch.observer/filing/0001002638-26-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer