OpenText (OTEX) Posts Record Profits While Core Revenue Stalls

OpenText Corporation disclosed its fourth quarter and full fiscal 2026 results on August 6, showing a significant divergence between profitability metrics and core revenue expansion. Quarterly net income surged to $156 million, representing a 439.9% increase year over year, while diluted earnings per share climbed to $0.64, up 481.8%. For the full fiscal year, net income rose 47.5% to $643 million with a 12.3% net margin, and GAAP-based gross margin expanded to 75.0% in the quarter compared to