Open Text Financial Statements
NASDAQ: OTEXTechnologyEDP ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Open Text revenue and earnings
In fiscal 2026, Open Text generated $5.25 billion in revenue, up 1.5% from fiscal 2025. Net income was $643.0 million (+47.5% year over year), for a net margin of 12.3% versus a median of 8.4% in the prior 5 years. Gross margin was 73.7% (up from 72.3%) and operating margin 20.6%.
Diluted earnings per share came in at $2.58, up from $1.65. Over the last 5 fiscal years, OTEX's revenue has grown at a 9.2% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Open Text income statement (annual)
| Fiscal year (USD) | FY 20262026-06-30 | FY 20252025-06-30 | FY 20242024-06-30 | FY 20232023-06-30 | FY 20222022-06-30 | FY 20212021-06-30 | FY 20202020-06-30 | FY 20192019-06-30 | FY 20182018-06-30 | FY 20172017-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.25B | 5.17B | 5.77B | 4.48B | 3.49B | 3.39B | 3.11B | 2.87B | 2.82B | 2.29B |
| Revenue growth (YoY) | +1.51% | -10.42% | +28.64% | +28.37% | +3.18% | +8.89% | +8.40% | +1.90% | +22.88% | +25.59% |
| Cost of Revenue | 1.38B | 1.43B | 1.58B | 1.32B | 1.06B | 1.03B | 1.00B | 930.70M | 951.41M | 762.39M |
| Gross Profit | 3.87B | 3.73B | 4.19B | 3.17B | 2.43B | 2.35B | 2.11B | 1.94B | 1.86B | 1.53B |
| Operating Expenses | 2.79B | 2.84B | 3.30B | 2.65B | 1.79B | 1.61B | 1.60B | 1.37B | 1.36B | 1.17B |
| Research & Development | 647.71M | 755.94M | 864.46M | 659.21M | 440.45M | 421.45M | 370.41M | 321.84M | 322.91M | 281.21M |
| Selling, General & Admin | 1.57B | 1.49B | 1.74B | 1.39B | 994.20M | 885.74M | 822.58M | 725.94M | 734.37M | 614.81M |
| Operating Income | 1.08B | 892.69M | 887.09M | 516.29M | 644.77M | 740.90M | 503.53M | 567.01M | 506.69M | 354.70M |
| Other Income (Expense) | 85.88M | -82.79M | 358.39M | 34.47M | 29.12M | 61.43M | -11.95M | 10.16M | 17.97M | 15.74M |
| Pretax Income | 858.88M | 482.07M | 729.30M | 221.33M | 516.01M | 650.77M | 345.20M | 440.57M | 386.13M | 249.55M |
| Income Tax | 215.61M | 46.01M | 264.01M | 70.77M | 118.75M | 339.91M | 110.84M | 154.94M | 143.83M | -776.36M |
| Net Income | 643.02M | 435.87M | 465.09M | 150.38M | 397.09M | 310.67M | 234.22M | 285.50M | 242.22M | 1.03B |
| Net Income growth (YoY) | +47.53% | -6.28% | +209.28% | -62.13% | +27.82% | +32.64% | -17.96% | +17.87% | -76.38% | +260.54% |
| EPS (Basic) | 2.58 | 1.66 | 1.71 | 0.56 | 1.46 | 1.14 | 0.86 | 1.06 | 0.91 | 4.04 |
| EPS (Diluted) | 2.58 | 1.65 | 1.71 | 0.56 | 1.46 | 1.14 | 0.86 | 1.06 | 0.91 | 4.01 |
| Shares Outstanding (Basic) | 249.03M | 263.27M | 271.55M | 270.30M | 271.27M | 272.53M | 270.85M | 268.78M | 266.08M | 253.88M |
| Shares Outstanding (Diluted) | 249.37M | 263.65M | 272.59M | 270.45M | 271.91M | 273.48M | 271.82M | 269.91M | 267.49M | 255.81M |
| EBITDA | — | — | — | — | — | — | — | 1.04B | 963.62M | 700.41M |
| Gross Margin | 73.74% | 72.25% | 72.64% | 70.64% | 69.60% | 69.45% | 67.72% | 67.56% | 66.22% | 66.76% |
| Operating Margin | 20.64% | 17.27% | 15.38% | 11.51% | 18.45% | 21.88% | 16.19% | 19.77% | 18.00% | 15.48% |
| Net Margin | 12.26% | 8.43% | 8.06% | 3.35% | 11.37% | 9.17% | 7.53% | 9.95% | 8.60% | 44.77% |
This table shows 10 annual periods of Open Text's income statement, from FY 2026 back to FY 2017, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow OTEX's reporting calendar. What is a income statement?