{ "ok": true, "cik": "1002638", "ticker": "OTEX", "name": "OPEN TEXT CORP", "filings": [ { "form": "8-K", "filed": "2026-10-01", "items": [ "1.01 Entry into a Material Definitive Agreement", "2.03 Creation of a Direct Financial Obligation", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1002638/000100263826000091/0001002638-26-000091-index.htm" }, { "form": "8-K", "filed": "2026-10-01", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1002638/000100263826000087/0001002638-26-000087-index.htm" }, { "form": "8-K", "filed": "2026-09-25", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1002638/000100263826000082/0001002638-26-000082-index.htm" }, { "form": "8-K", "filed": "2026-09-23", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1002638/000100263826000079/0001002638-26-000079-index.htm" }, { "form": "8-K", "filed": "2026-09-23", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1002638/000100263826000077/0001002638-26-000077-index.htm" }, { "form": "8-K", "filed": "2026-09-22", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1002638/000100263826000072/0001002638-26-000072-index.htm" } ], "events12m": 21, "healthWatch": { "window": "last 12 months", "since": "2025-10-02", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 4, "latest": { "filed": "2026-07-17", "url": "https://www.sec.gov/Archives/edgar/data/1002638/000100263826000058/0001002638-26-000058-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001002638.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1002638" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up OPEN TEXT CORP ($OTEX). Last filing: 8-K (1.01 Entry into a Material Definitive Agreement), 2026-10-01. 21 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2026-06-30", "revenue": 5246401000, "revenueGrowth1y": 0.015090922634739323, "revenueGrowthPerYear": 0.10697928270600765, "yearsOfData": 5, "operatingMargin": 0.20635041050045547, "operatingMarginPrior": 0.17272040407050143, "netMargin": 0.12261033802029239, "operatingCashFlow": 1006817000, "capitalSpending": 199300000, "freeCashFlow": 807517000, "researchAndDevelopment": 647707000, "researchShareOfRevenue": 0.1234573948884197, "cash": 956024000, "longTermDebt": 5770369000, "longTermDebtChange": -0.09525862738030155, "revenueHistory": [ { "fiscalYearEnd": "2022-06-30", "revenue": 3493844000 }, { "fiscalYearEnd": "2023-06-30", "revenue": 4484980000 }, { "fiscalYearEnd": "2024-06-30", "revenue": 5769577000 }, { "fiscalYearEnd": "2025-06-30", "revenue": 5168405000 }, { "fiscalYearEnd": "2026-06-30", "revenue": 5246401000 } ], "totalEquity": 4014104000, "totalAssets": 13106504000, "equityRatio": 0.30626809406993655, "returnOnEquity": 0.1602507060106066, "dividendsPaid": 268357000, "payoutRatio": 0.4171808420506076, "dividendPerShare": 1.1, "dividendYearsRising": 11, "dividendCut": false, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": 2.58, "sharesOutstanding": 249373000, "bookValuePerShare": 16.096786741146797, "revenuePerShare": 21.038368227514606, "range80": { "low": 4348123549.85969, "high": 6466319097.420263, "baseline": 5426747375.969434, "n": 4599, "band": "b1", "bandLabel": "$1B–10B", "method": "v4.1", "credibility": 0.5714285714285714, "growthYears": 5, "ownVolatility": 0.15872177354755426, "classVolatility": 0.07701947805587882, "volatility": 0.1301462943835153 }, "ifPaceHeld": { "low": 4348123549.85969, "high": 6466319097.420263 } }, "edgarette": "🔖 Exposure: revenue $5.2B (FY2026), total debt $5.8B. Experience: revenue up 1.5% on the year, up 10.7% a year over 4 years; operating margin 20.6%, up from 17.3%. Soundness: equity 30.6% of assets, return on equity 16.0%, payout 41.7% of profit, dividend per share up 11 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $4.3B and $6.5B next year (method v4.1: its own 5-year record of growth weighed at 57% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $3.8B to $7.5B. A statistical range, not company guidance. Against peers (23 filers, $50M+ revenue, services-computer integrated systems design): operating margin 20.6% against a 6.6% median; growth 1.5% against 6.0%.", "peers": { "sic": 7373, "sicDescription": "Services-Computer Integrated Systems Design", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "7373", "growth": [ 0.0598, 24 ], "opMargin": [ 0.0657, 23 ], "equityRatio": [ 0.5687, 22 ], "returnOnEquity": [ 0.0289, 19 ] }, "summary": "Open Text (OTEX) grew revenue 1.5% in FY2026 to $5.2 billion, operating margin 20.6% against a 6.6% median for services-computer integrated systems design, equity 30.6% of assets, and dividend per share up 11 years running. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
OPEN TEXT CORP against its own record and its peers
Operating marginPeer median 6.6%20.6%Revenue, on the yearPeer median 6.0%1.5%Equity of assetsPeer median 56.9%30.6%Return on equityPeer median 2.9%16.0%Payout of profit41.7%Gold tick: the median of 19–22 peers with $50M+ revenue in services-computer integrated systems design
", "chartHorizon": "
Handed back now, or kept to compound · of each dollar of profit
41.7% paid out58.3% keptHanded back per share$1.1up 11 years runningGrowth its own profit can fund9.3%managed 1.5% last year

Gold paid out, navy kept. Kept share × return on equity = the growth it can fund itself. Facts from the filings, not a recommendation.

", "backtest": { "tests": 16, "hits": 11, "rate": 0.6875, "method": "v4", "byYear": { "2011": [ 1, 1 ], "2012": [ 1, 1 ], "2013": [ 1, 1 ], "2014": [ 1, 1 ], "2015": [ 1, 1 ], "2016": [ 0, 1 ], "2017": [ 0, 1 ], "2018": [ 1, 1 ], "2019": [ 0, 1 ], "2020": [ 1, 1 ], "2021": [ 1, 1 ], "2022": [ 1, 1 ], "2023": [ 0, 1 ], "2024": [ 1, 1 ], "2025": [ 0, 1 ], "2026": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-10-02T14:02:03.375Z", "hash": "42fc2f12872f150e", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Open Text (OTEX) grew revenue 1.5% in FY2026 to $5.2 billion, operating margin 20.6% against a 6.6% median for services-computer integrated systems design, equity 30.6% of assets, and dividend per share up 11 years running. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2026-06-30", "revenue": 5246401000, "totalDebt": 5770369000, "cash": 956024000 }, "experience": { "revenueGrowth1y": 0.015090922634739323, "revenueGrowthPerYear": 0.10697928270600765, "operatingMargin": 0.20635041050045547, "operatingMarginPrior": 0.17272040407050143, "netMargin": 0.12261033802029239, "freeCashFlow": 807517000 }, "soundness": { "equityRatio": 0.30626809406993655, "returnOnEquity": 0.1602507060106066, "payoutRatio": 0.4171808420506076, "dividendPerShare": 1.1, "dividendYearsRising": 11, "dividendCut": false, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 7373, "sicDescription": "Services-Computer Integrated Systems Design", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "7373", "growth": [ 0.0598, 24 ], "opMargin": [ 0.0657, 23 ], "equityRatio": [ 0.5687, 22 ], "returnOnEquity": [ 0.0289, 19 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "healthWatch": { "window": "last 12 months", "since": "2025-10-02", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 4, "latest": { "filed": "2026-07-17", "url": "https://www.sec.gov/Archives/edgar/data/1002638/000100263826000058/0001002638-26-000058-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 4348123549.85969, "high": 6466319097.420263, "baseline": 5426747375.969434, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 4599, "sizeBand": "$1B–10B", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341, "coverageAllYears": 0.6904374799277399, "stressCoverageAllYears": 0.819004992974709, "outcomeYears": [ 2019, 2025 ] }, "credibility": { "weightOnOwnRecord": 0.571, "growthYears": 5, "ownVolatility": 0.15872177354755426, "classVolatility": 0.07701947805587882, "pricedVolatility": 0.1301462943835153, "k": 3 }, "stress": { "low": 3761458794.163003, "high": 7475899992.153534, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 16, "hits": 11, "rate": 0.6875, "method": "v4", "byYear": { "2011": [ 1, 1 ], "2012": [ 1, 1 ], "2013": [ 1, 1 ], "2014": [ 1, 1 ], "2015": [ 1, 1 ], "2016": [ 0, 1 ], "2017": [ 0, 1 ], "2018": [ 1, 1 ], "2019": [ 0, 1 ], "2020": [ 1, 1 ], "2021": [ 1, 1 ], "2022": [ 1, 1 ], "2023": [ 0, 1 ], "2024": [ 1, 1 ], "2025": [ 0, 1 ], "2026": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-10-02T14:02:03.375Z", "hash": "42fc2f12872f150e", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001002638.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1002638" }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.1607, "growth3y": 0.1394, "volatility": 0.1772, "paysDividend": true, "raisedDividend": true, "equityRatio": 0.298, "quadrant": { "code": "fj", "label": "Fast and jumpy", "plain": "growing faster than its size class, with revenue that swings more" }, "compass": { "code": "later", "inside": "Turns 16.1% of revenue into operating cash; revenue growing 13.9% a year over three years; pays and raised its dividend.", "outside": "Among $1B-10B companies: 56th percentile for cash, 79th for growth.", "emoji": "🌱", "label": "Cash cow later", "plain": "growing fast, and already turning revenue into cash" }, "band": "$1B-10B", "cashPctInClass": 56, "growthPctInClass": 79, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 0, "name": "New ship", "plain": "no warning signs" }, "cashFlow": { "fiscalYearEnd": "2026-06-30", "operating": 1006817000, "investing": 117177000, "financing": -1319140000, "capitalSpending": 199300000, "free": 807517000, "trend": [ { "fiscalYearEnd": "2022-06-30", "operating": 981810000, "free": 888701000 }, { "fiscalYearEnd": "2023-06-30", "operating": 779205000, "free": 655373000 }, { "fiscalYearEnd": "2024-06-30", "operating": 967691000, "free": 808396000 }, { "fiscalYearEnd": "2025-06-30", "operating": 830618000, "free": 687396000 }, { "fiscalYearEnd": "2026-06-30", "operating": 1006817000, "free": 807517000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2026-06-30", "cash": 956024000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 13106504000, "ladder": null, "currentRatio": 0.81, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.1607, "growth3y": 0.1394, "volatility": 0.1772, "paysDividend": true, "raisedDividend": true, "equityRatio": 0.298, "quadrant": { "code": "fj", "label": "Fast and jumpy", "plain": "growing faster than its size class, with revenue that swings more" }, "compass": { "code": "later", "inside": "Turns 16.1% of revenue into operating cash; revenue growing 13.9% a year over three years; pays and raised its dividend.", "outside": "Among $1B-10B companies: 56th percentile for cash, 79th for growth.", "emoji": "🌱", "label": "Cash cow later", "plain": "growing fast, and already turning revenue into cash" }, "band": "$1B-10B", "cashPctInClass": 56, "growthPctInClass": 79, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 0, "name": "New ship", "plain": "no warning signs" }, "cashFlow": { "fiscalYearEnd": "2026-06-30", "operating": 1006817000, "investing": 117177000, "financing": -1319140000, "capitalSpending": 199300000, "free": 807517000, "trend": [ { "fiscalYearEnd": "2022-06-30", "operating": 981810000, "free": 888701000 }, { "fiscalYearEnd": "2023-06-30", "operating": 779205000, "free": 655373000 }, { "fiscalYearEnd": "2024-06-30", "operating": 967691000, "free": 808396000 }, { "fiscalYearEnd": "2025-06-30", "operating": 830618000, "free": 687396000 }, { "fiscalYearEnd": "2026-06-30", "operating": 1006817000, "free": 807517000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2026-06-30", "cash": 956024000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 13106504000, "ladder": null, "currentRatio": 0.81, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }