Open Text CorpOTEX
▲ PositiveCapitalrelevance
Q4 revenue and EPS beat, strong cloud growth, and positive FY2027 guidance.
Impact on stocks 2
Cloud & Digital Infrastructure
Open Text Corp
SAP SESAP
Mentioned
Open Text reported fiscal 2026 fourth-quarter total revenue of $1.35 billion, up 2.9% year over year, with non-GAAP diluted EPS of $1.23, a 26.8% increase. Core portfolio revenue reached $1.05 billion, growing 5.3%, while core cloud revenue rose 10.7% to $341 million, and the company closed 64 cloud deals over $1 million, up 49%. For fiscal 2027, Open Text guided total revenue of $5.135 billion to $5.185 billion, a reported decline of 2% to 1% but flat to up 1% in constant currency, with core revenue growth of 2% to 3% and core cloud growth of 8% to 10%. The company plans to add more than 300 quota-carrying sales staff and invest $100 million to $200 million in growth initiatives, while adjusted EBITDA margin is expected to be 32% to 33%. Open Text also reduced debt by $459 million in the quarter, bringing net leverage to 2.75x, and repurchased 14.8 million shares in fiscal 2026.
Open Text CorpQ4 revenue and EPS beat, strong cloud growth, and positive FY2027 guidance.
SAP SE