Open Text Corporation

Waterloo – November 05, 2026 -- OpenText posted $339 million in Core Cloud Revenues for the first quarter of fiscal 2027, up 11.2% year over year, while total revenues fell 4.0% to $1.237 billion. Adjusted EBITDA reached $442 million, a 35.8% margin, for the quarter ended September 30, 2026.

Core business grows while divestitures weigh on the top line

Core Revenues rose 2.4% to $864 million, or 2.7% in constant currency. Core Cloud Revenues grew 11.7% in constant currency. Total revenues declined 1.7% in constant currency excluding divestitures.

Total cloud revenues came in at $505 million, up 4.3%, marking 23 consecutive quarters of organic cloud growth. Annual recurring revenues stood at $1.040 billion.

GAAP net income climbs 5.9% to $155 million

GAAP net income rose 5.9% to $155 million, a 13% margin, with diluted EPS of $0.64. Non-GAAP net income fell 4.5% to $254 million, or $1.05 per diluted share.

Waterloo, ON – October 01, 2026 -- Open Text Corporation (NASDAQ: OTEX; TSX: OTEX) will accept the full $300 million aggregate maximum tender amount of its outstanding 3.875% Senior Notes due 2028, applying a proration factor of 43.047752% to validly tendered bonds after the offer expired at 5:00 p.m. New York time on October 01, 2026.

OpenText confirms full subscription of its $300 million tender cap on 2028 notes

The Tender Offer Consideration was set by reference to a fixed spread over the yield to maturity of a benchmark U.S. Treasury Security, with the reference yield calculated by dealer managers at 3:00 p.m. New York time on the expiration date. Payments will include accrued and unpaid interest from the last interest payment date through, but not including, the settlement date. Settlement for bonds accepted is expected to occur on October 01, 2026, two business days after expiration.

Waterloo, ON – September 25, 2026 -- OpenText Corporation (NASDAQ: OTEX; TSX: OTEX) has slashed the ceiling on its cash tender offer for outstanding 3.875% Senior Notes due 2028 to $300 million from $450 million, while pushing back key deadlines by one day.

OpenText lowers aggregate maximum tender amount by $150 million

The amended terms cut the Aggregate Maximum Tender Amount for the Bonds from $450 million to $300 million aggregate principal amount, according to the company's announcement modifying the Offer to Purchase dated September 23, 2026.

Waterloo – September 24, 2026 -- Open Text Corporation (NASDAQ: OTEX, TSX: OTEX) has priced $1 billion in senior secured notes, split evenly between $500 million of 6.700% notes due 2031 and $500 million of 7.150% notes due 2033.

OpenText locks in $1 billion in fresh secured debt across two maturities

The offering, structured under Rule 144A and Regulation S, is expected to close October 1, 2026, subject to customary conditions. The Notes will carry guarantees from OpenText's existing subsidiary guarantors and co-obligors, secured on the same basis as the company's senior secured credit facilities, term loan credit agreement and its 6.900% Senior Secured Notes due 2027.