Q1 2026 Open Text Corp Earnings Call Transcript

Nov 6, 2025 / 01:30 PM GMT

Release Date Price: C$50.8 (-5.28%)

Transcript 10-Q8-K

Key Points

Positve

Open Text Corp (OTEX) reported Q1 total revenues, adjusted EBITDA margin, and adjusted EPS above street expectations.
Cloud revenue increased by 6% year over year, with enterprise cloud bookings up 20%, indicating strong cloud performance.
Content cloud grew 21% year over year, driven by bookings in financial services, energy, utilities, and telecom verticals.
The company closed 33 deals greater than $1 million in Q1, a 43% increase year over year.
Open Text Corp (OTEX) is focusing on its core business units and divesting non-core units to unlock shareholder value and enhance its cloud-centric strategy.

Negative

Customer support revenues declined by 1.5% year over year.
There is uncertainty in revenue mix due to the pace of customers transitioning from on-premise to cloud solutions.
The cybersecurity enterprise cloud component showed a decline, raising concerns about cross-sell opportunities.
The company is still in search of a permanent CEO, which may impact strategic continuity.
License revenue is expected to decline, reflecting a shift towards cloud services, which may affect short-term revenue recognition.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

OTEX.TO - Open Text Corp
Q1 2026 Open Text Corp Earnings Call
Nov 06, 2025 / 01:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Over the Greg Seco, head of investor relations, please go ahead.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Thank you Welcome to OpenTech's 4th quarter fiscal 2026 earnings call. With me on the call today are Open Tech's executive chair and Chief Strategy Officer Tom Jenkins, together with James McGorley, interim Chief Executive Officer, Steve Ray, Executive Vice President and Chief Financial Officer, and Cosmin Bolota, our senior Vice President and Chief Accounting Officer.

Today's call is being webcast live and recorded with replay available shortly thereafter on the Open Text

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.