OTEX OPEN TEXT CORP

CIK 0001002638 50 ready 8-Ks latest May 11, 2026, 9:01 AM ET RSS · JSON

Activity: QUIET 0 filings / 30d vs 2 baseline

Ready 8-Ks 50

Latest filing May 11, 2026, 9:01 AM ET

Top materiality 0.90

Event mix earnings ×15 · leadership ×15 · m_and_a ×8

Sentiment 21 pos · 4 neg · 25 neu

Latest earnings reported 2026-Q3

Executive change recent →

Recent 8-K filings for OTEX

Highest-materiality recent filing

OpenText Reports Q3 FY2025 Revenue Down 13.3% Y/Y, Cloud Up 1.8%, Expands Restructuring with 2,000 Job Cuts

April 30, 2025, 7:59 PM ET earnings materiality 0.90 neutral item 2.02 item 2.05 item 8.01 item 9.01 ◈ Restructurings & Charges

Total revenues $1.254B, down 13.3% Y/Y; annual recurring revenues $1.030B, down 10.1% Y/Y.
Cloud revenues $463M, up 1.8% Y/Y; enterprise cloud bookings $151M, down 8.4% Y/Y.

Read filing →

May 11, 2026, 9:01 AM ET M&A materiality 0.65 positive item 8.01 item 9.01

OpenText sells Vertica to Rocket Software for $150M cash; proceeds to reduce debt

Divestiture of non-core structured data analytics platform Vertica completed.
May 7, 2026, 7:59 PM ET earnings materiality 0.85 positive item 2.02 item 8.01 item 9.01 ◈ Earnings Releases

OpenText Q3 FY2026: rev $1.28B (+2.2%), cloud +6.6%, net income $173M; new CEO Antoun

Total revenues $1.283B (+2.2% YoY); cloud revenues $493M (+6.6% YoY); enterprise cloud bookings $196M (+29.6% YoY).
April 20, 2026, 7:59 PM ET leadership materiality 0.75 neutral item 5.02 item 9.01

OpenText names Ayman Antoun CEO; McGourlay becomes President/CCO, Duggan steps down

James McGourlay transitions from Interim CEO to President, Chief Client Officer, effective April 20, 2026.
April 10, 2026, 7:59 PM ET earnings materiality 0.60 neutral item 2.02 item 9.01 ◈ Earnings Releases

OpenText prelim Q3FY26 revenue ~$1.28B; CEO Ayman Antoun starts Apr 20

Preliminary Q3FY26 revenue expectation of approximately US$1.28 billion.
February 10, 2026, 6:59 PM ET other material materiality 0.65 positive item 8.01 item 9.01

OpenText increases share repurchase program by US$200M to US$500M

Total authorization raised from US$300M to US$500M for fiscal 2026 NCIB.
February 5, 2026, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 8.01 item 9.01

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.
February 2, 2026, 6:59 PM ET M&A materiality 0.70 neutral item 8.01 item 9.01

OpenText to sell Vertica to Rocket Software for $150M cash; proceeds to reduce debt

Definitive agreement to divest Vertica (non-core Analytics portfolio) to Rocket Software for $150M cash, before taxes, fees and adjustments.
January 29, 2026, 6:59 PM ET leadership materiality 0.65 neutral item 5.02 item 9.01

OpenText appoints Ayman Antoun as CEO effective April 20, 2026

Ayman Antoun, former President of IBM Americas, named CEO; effective April 20, 2026, succeeding interim CEO James McGourlay.
January 12, 2026, 6:59 PM ET M&A materiality 0.70 positive item 8.01 item 9.01

OpenText completes divestiture of eDOCS unit for $163M; proceeds to reduce debt

Sold eDOCS on-premise solution (part of Analytics portfolio) to NetDocuments Software for $163M in cash before taxes and fees.
December 9, 2025, 6:59 PM ET other material materiality 0.50 neutral item 1.01 item 5.07 item 8.01 item 9.01

OpenText shareholders renew poison pill, elect all 12 directors at 2025 meeting

Shareholders approved Amended Rights Plan triggering at 20% ownership (96.42% for).
November 5, 2025, 6:59 PM ET earnings materiality 0.80 positive item 2.02 item 8.01 item 9.01

OpenText Q1 FY2026 revenue $1.29B (+1.5% YoY), GAAP EPS $0.58, Non-GAAP EPS $1.05, dividend raised to $0.275

Total revenues $1.288B (+1.5% YoY); cloud revenues $485M (+6.0% YoY) with 19 consecutive quarters of organic cloud growth.
October 6, 2025, 7:59 PM ET leadership materiality 0.30 neutral item 5.02 item 8.01 item 9.01

OpenText appoints former CGI CEO George Schindler to board of directors

George Schindler appointed to OpenText board effective October 6, 2025.
October 3, 2025, 7:59 PM ET M&A materiality 0.50 positive item 8.01 item 9.01

OpenText divests non-core eDOCS unit for $163M; proceeds to reduce debt

Definitive agreement to sell eDOCS on-premise solution to NetDocuments for $163M in cash.
October 1, 2025, 7:59 PM ET leadership materiality 0.50 neutral item 5.02 item 9.01

OpenText appoints Steve Rai as EVP, CFO effective Oct 6, 2025

Steve Rai appointed EVP, CFO of OpenText, effective October 6, 2025.
September 8, 2025, 7:59 PM ET debt materiality 0.25 neutral item 7.01 item 9.01

OpenText presents at BMO TMT Conference with no new financial details

OpenText presented at BMO Technology, Media, and Telecommunications Conference on September 8, 2025.
August 22, 2025, 7:59 PM ET leadership materiality 0.55 neutral item 5.02

OpenText names Cosmin Balota interim CFO; details C$4,688/period premium, C$100k bonus, 20k options

Cosmin Balota, SVP & CAO, will serve as interim CFO effective August 15, 2025.
August 22, 2025, 7:59 PM ET leadership materiality 0.50 neutral item 5.02

Open Text appoints James McGourlay as Interim CEO; discloses compensation terms

James McGourlay appointed Interim CEO effective August 11, 2025.
August 11, 2025, 7:59 PM ET leadership materiality 0.78 negative item 5.02 item 7.01 item 9.01

OpenText appoints James McGourlay as Interim CEO; Mark Barrenechea departs; explores portfolio-shaping opportunities

James McGourlay, 25-year OpenText veteran, named Interim CEO effective August 11, 2025.
August 7, 2025, 7:59 PM ET earnings materiality 0.75 neutral item 2.02 item 8.01 item 9.01

OpenText Q4 GAAP EPS $0.11, revenue $1.311B; FY2025 cloud revenue +2%, dividend up 5%

Q4 total revenue $1.311B (-3.8% YoY); GAAP net income $29M (-88.4% YoY), GAAP EPS $0.11, Non-GAAP EPS $0.97.
July 9, 2025, 7:59 PM ET leadership materiality 0.75 neutral item 2.02 item 5.02 item 9.01

OpenText Q4 FY2025 prelim revenue ~$1.31B; CFO Chadwick Westlake to depart Aug 15

Preliminary Q4 FY2025 revenue expectations of approx. US$1.31 billion (strong, subject to normal adjustments).
June 26, 2025, 7:59 PM ET leadership materiality 0.30 neutral item 5.02 item 8.01 item 9.01

OpenText appoints Kristen Ludgate, former HP Chief People Officer, to board of directors

Kristen Ludgate appointed to OpenText board effective June 26, 2025.
April 30, 2025, 7:59 PM ET earnings materiality 0.90 neutral item 2.02 item 2.05 item 8.01 item 9.01 ◈ Restructurings & Charges

OpenText Reports Q3 FY2025 Revenue Down 13.3% Y/Y, Cloud Up 1.8%, Expands Restructuring with 2,000 Job Cuts

Total revenues $1.254B, down 13.3% Y/Y; annual recurring revenues $1.030B, down 10.1% Y/Y.
March 13, 2025, 7:59 PM ET other material materiality 0.55 positive item 8.01 item 9.01

OpenText boosts share repurchase authorization by $150M to $450M; sets up automatic purchase plan

Fiscal 2025 NCIB increased from $300M to $450M, a 50% hike; max shares unchanged at 21.2M.
February 26, 2025, 6:59 PM ET leadership materiality 0.55 neutral item 5.02 item 9.01 ◈ executive_change ×2

OpenText names Chadwick Westlake as CFO, effective March 5, 2025

Chadwick Westlake appointed EVP, CFO effective March 5, 2025, succeeding Madhu Ranganathan.
February 6, 2025, 6:59 PM ET earnings materiality 0.70 positive item 2.02 item 8.01 item 9.01

OpenText Q2 revenue $1.335B (-13%), cloud up 3%, GAAP EPS $0.87, adj EBITDA margin 37.6%

Total revenues $1.335B, down 13.1% YoY (-4.9% adj. for AMC divestiture); ARR $1.053B, down 8.1%.
January 27, 2025, 6:59 PM ET leadership materiality 0.50 neutral item 5.02 item 9.01 ◈ executive_change ×2

OpenText appoints Savinay Berry as CPO; Muhi Majzoub moves to Security Products

Savinay Berry named EVP & Chief Product Officer, effective Jan 27, 2025.
November 26, 2024, 6:59 PM ET leadership materiality 0.40 neutral item 5.02 item 8.01 item 9.01 ◈ executive_change

OpenText appoints Fletcher Previn to board of directors

Fletcher Previn appointed to OpenText Board on November 25, 2024.
October 31, 2024, 7:59 PM ET earnings materiality 0.65 neutral item 2.02 item 8.01 item 9.01

OpenText Q1 FY2025 revenues $1.27B (-11% YoY); GAAP EPS $0.32, Non-GAAP $0.93

Revenue $1.27B (down 11% YoY, but only down 1.8% adjusted for AMC divestiture).
September 12, 2024, 7:59 PM ET other material materiality 0.65 negative item 5.02 item 5.07 item 8.01 item 9.01 ◈ executive_change

OpenText shareholders reject Say-on-Pay; director Powell departs; all other directors re-elected

Say-on-Pay advisory vote: 74.89% against (163.8M votes), strong dissent on executive compensation.
August 1, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 8.01 item 9.01

OpenText reports FY2024 revenue $5.77B (+29%); raises FY2025 margin targets, announces $300M buyback, dividend up 5%

FY2024 total revenues $5.77B (+28.6% YoY); Q4 revenues $1.36B (-8.6% YoY reflecting AMC divestiture).
July 9, 2024, 7:59 PM ET leadership materiality 0.25 neutral item 5.02 item 8.01 item 9.01 ◈ executive_change

OpenText appoints former Accenture Group CEO Annette Rippert to board

Annette Rippert appointed to OpenText board effective July 9, 2024.
July 3, 2024, 7:59 PM ET other material materiality 0.55 neutral item 8.01 item 9.01

OpenText plans net workforce reduction of 400 jobs targeting $150M annual savings

Reduction of ~1,200 positions offset by ~800 new roles in Sales, Services and Engineering; net ~400 reduction (1.7% of workforce).
May 15, 2024, 7:59 PM ET debt materiality 0.60 positive item 1.01 item 2.03 item 9.01 ◈ Debt Financings◈ Material Agreements

OpenText reprices term loan, cuts margin by 0.50% and removes SOFR adjustment

Term loan facility reduced to $2.23B; new 2024 Replacement Term Loans issued to repay existing loans.
May 8, 2024, 7:59 PM ET debt materiality 0.65 positive item 8.01 item 9.01

OpenText completes $2B debt reduction using AMC divestiture proceeds

Repaid $940M to terminate Term Loan B due 2025.
May 2, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 8.01 item 9.01 ◈ Earnings Releases

OpenText Q3 revenue $1.45B (+16% YoY); cloud bookings up 53%; launches $250M buyback

Total revenues of $1.447B, up 16.3% YoY; ARR $1.146B, up 13.3% YoY.
May 1, 2024, 7:59 PM ET M&A materiality 0.80 positive item 2.01 item 7.01 item 9.01 ◈ M&A Transactions

OpenText closes $2.275B divestiture of AMC business to Rocket Software, plans $2B debt reduction

Completed sale of Application Modernization & Connectivity (AMC) business to Rocket Software for $2.275B in cash, before taxes and fees.
April 8, 2024, 7:59 PM ET leadership materiality 0.55 neutral item 5.02 item 8.01 item 9.01 ◈ executive_change ×4

OpenText appoints Todd Cione as President WW Sales; Ted Harrison to retire Sep 2024

EVP Enterprise Sales Ted Harrison retires effective Sep 15, 2024; becomes Strategic Advisor to WW Sales President.
February 1, 2024, 6:59 PM ET earnings materiality 0.80 positive item 2.02 item 8.01 item 9.01 ◈ Earnings Releases

OpenText Q2 rev $1.535B (+71% YoY), record cloud bookings, and $2.275B AMC divestiture

Total revenues $1.535B, up 71% YoY; ARR $1.146B (75% of total); cloud revenues $450M (+10.1%).
December 21, 2023, 6:59 PM ET debt materiality 0.55 positive item 1.01 item 2.03 item 9.01 ◈ Debt Financings

Open Text extends revolver maturity to Dec 2028; replaces borrower entity

Maturity of $750M revolver extended to Dec 19, 2028 from Oct 31, 2024.
December 6, 2023, 6:59 PM ET leadership materiality 0.30 neutral item 5.02 item 8.01 item 9.01 ◈ executive_change

OpenText appoints Goldy Hyder to Board of Directors effective Dec 6, 2023

Goldy Hyder appointed to OpenText Board of Directors, effective December 6, 2023.
December 1, 2023, 6:59 PM ET M&A materiality 0.75 neutral item 9.01

OpenText sells Application Modernization & Connectivity business to Rocket Software for $2.275B

Base purchase price of $2,275,000,000; transaction structured as share purchase, asset transfer, and options.
November 28, 2023, 6:59 PM ET M&A materiality 0.85 positive item 1.01 item 7.01 item 9.01 ◈ Material Agreements

OpenText to sell AMC business to Rocket Software for $2.275B; focuses on Cloud & AI

All-cash purchase price of $2.275B; 4.6x AMC's FY23 revenue (~$500M) and 8.3x Adjusted EBITDA (~$275M).
November 2, 2023, 7:59 PM ET earnings materiality 0.80 positive item 2.02 item 8.01 item 9.01 ◈ Earnings Releases

OpenText reports record Q1 FY2024 revenue of $1.425B, up 67% YoY; declares $0.25 dividend

Total revenues $1.425B (+67.3% YoY); annual recurring revenues $1.149B (+59.1% YoY), 81% of total.
September 14, 2023, 7:59 PM ET other material materiality 0.65 negative item 5.07 item 8.01 item 9.01 ◈ Shareholder Votes ×3

OpenText annual meeting: say-on-pay fails with 70.5% against; four directors receive >30% withhold votes

Non-binding advisory vote on executive compensation rejected: 153,973,475 against (70.48%) vs 64,500,361 for (29.52%).
August 14, 2023, 7:59 PM ET debt materiality 0.50 positive item 1.01 item 2.03 item 7.01 item 9.01 ◈ Debt Financings◈ Material Agreements

OpenText reprices term loan due 2030, reduces interest margin by 75 bps

Term Loan Amendment reduces applicable margin by 0.75% to Term SOFR plus 2.75% (including SOFR adjustment).
August 3, 2023, 7:59 PM ET earnings materiality 0.75 neutral item 2.02 item 8.01 item 9.01 ◈ Earnings Releases ×2

OpenText reports record FY2023 revenue $4.5B (+28% YoY); GAAP EPS $0.56, Non-GAAP $3.29

FY2023 total revenues $4.5B (+28.4% YoY); ARR $3.6B (81% of total); cloud rev $1.7B (+10.8%).
May 4, 2023, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 8.01 item 9.01 ◈ Earnings Releases

OpenText Q3 FY2023: Revenue $1.24B (+41% Y/Y), ARR $1.01B, Cloud $435M; Dividend declared $0.24299/share

Total revenues of $1.245B, up 41.1% Y/Y; ARR of $1.011B, up 37.7% Y/Y (81% of total revenue).
April 10, 2023, 7:59 PM ET other material materiality 0.80 negative item 9.01 item 2.01 ◈ M&A Transactions

OpenText closes Micro Focus acquisition; pro forma net loss of $485M for H1 FY2023

Pro forma combined revenues: $3.0B for H1 Dec 2022, $6.2B for FY2022.
February 2, 2023, 6:59 PM ET earnings materiality 0.80 positive item 2.02 item 8.01 item 9.01 ◈ Earnings Releases

OpenText Q2 FY23 record revenue $897M (+2.4% YoY); cloud rev $409M (+12%); closes Micro Focus acquisition

GAAP net income $258M (+192.7% YoY); diluted EPS $0.96; non-GAAP diluted EPS $0.89.
January 31, 2023, 6:59 PM ET M&A materiality 0.85 neutral item 2.01 item 2.03 item 7.01 item 9.01 ◈ Debt Financings◈ M&A Transactions

OpenText closes $5.8B acquisition of Micro Focus; draws $3.585B term loan

Total purchase price ~$5.8B inclusive of Micro Focus' cash and debt; 532 pence per share.

Executive changes

Departed

Madhu Ranganathan

Chief Financial Officer

OTEX · OPEN TEXT CORP

Effective: 2025-03-05
Successor: Chadwick Westlake
Filed: February 26, 2025, 6:59 PM ET

to succeed Madhu Ranganathan.

Appointed

Chadwick Westlake

Executive Vice President, Chief Financial Officer

OTEX · OPEN TEXT CORP

Effective: 2025-03-05
Filed: February 26, 2025, 6:59 PM ET

appointment of Chadwick Westlake as Executive Vice President, Chief Financial Officer, effective March 5, 2025, to succeed Madhu Ranganathan.

Appointed

Savinay Berry

EVP & Chief Product Officer

OTEX · OPEN TEXT CORP

Effective: 2025-01-27
Filed: January 27, 2025, 6:59 PM ET

Open Text Corporation (“OpenText”) announced the appointment of Savinay Berry as EVP & Chief Product Officer

Role change

Muhi Majzoub

EVP, Security Products

OTEX · OPEN TEXT CORP

Effective: 2025-01-27
Filed: January 27, 2025, 6:59 PM ET

Muhi Majzoub would be taking on a new role as EVP, Security Products

Appointed

Fletcher Previn

Director

OTEX · OPEN TEXT CORP

Effective: 2024-11-25
Filed: November 26, 2024, 6:59 PM ET

On November 25, 2024, the Board of Directors (the “Board”) of Open Text Corporation (“OpenText”) appointed Fletcher Previn to its board of directors.

Departed

Ann M. Powell

Director

OTEX · OPEN TEXT CORP

Effective: 2024-09-12
Filed: September 12, 2024, 7:59 PM ET

Ann M. Powell informed the Company of her decision not to stand for election to the Board of Directors of the Company at the Meeting.

Appointed

Annette Rippert

director

OTEX · OPEN TEXT CORP

Effective: 2024-07-09
Filed: July 9, 2024, 7:59 PM ET

On July 9, 2024, the Board of Directors (the “Board”) of Open Text Corporation (“OpenText”) appointed Annette Rippert as a director, effective immediately.

Departed

Simon (Ted) Harrison

EVP, Enterprise Sales

OTEX · OPEN TEXT CORP

Effective: 2024-09-15
Filed: April 8, 2024, 7:59 PM ET

Mr. Simon (Ted) Harrison, EVP, Enterprise Sales, has decided to retire from the Company effective September 15, 2024.

Role change

Paul Duggan

President and Chief Customer Officer

OTEX · OPEN TEXT CORP

Filed: April 8, 2024, 7:59 PM ET

promotions of Mr. Paul Duggan as President and Chief Customer Officer

Appointed

Todd Cione

President of OpenText Worldwide Sales

OTEX · OPEN TEXT CORP

Filed: April 8, 2024, 7:59 PM ET

the appointment of Mr. Todd Cione as President of OpenText Worldwide Sales

Role change

Madhu Ranganathan

President, CFO & Corporate Development

OTEX · OPEN TEXT CORP

Filed: April 8, 2024, 7:59 PM ET

Ms. Madhu Ranganathan as President, CFO & Corporate Development

Appointed

Goldy Hyder

Director

OTEX · OPEN TEXT CORP

Effective: 2023-12-06
Filed: December 6, 2023, 6:59 PM ET

On December 6, 2023, the Board of Directors (the “Board”) of Open Text Corporation (“OpenText”) appointed Goldy Hyder as a director, effective immediately.

Earnings & guidance

2026-Q3 EPS reported $1.94 filing →

Materiality & sentiment trend

Max materiality 0.90 · Median 0.65 · Most common event earnings

21 positive 4 negative 25 neutral

source · OTEX on sec.gov