Open Text Posts Higher Year-Over-Year Revenue, Operating Income, Net Income and Diluted EPS in Annual Report

Bottom line

- Open Text Corporation delivered a profit on every reported top-line and bottom-line measure for the twelve-month window, and the filing authorizes a year-over-year increase on each of those same measures, with both the current and prior twelve-month windows in profit territory. - Authorized direction: Earnings Per Share, Diluted moved higher year-over-year on a profit-to-profit transition (compare $1.65 per diluted share with $2.58 per diluted share). - Authorized direction: Net Income (Loss) Attributable to Parent moved higher year-over-year on a profit-to-profit transition (compare $435,868,000 with $643,022,000). - Authorized direction: Operating Income (Loss) moved higher year-over-year on a profit-to-profit transition (compare $892,689,000 with $1,082,597,000). - Authorized direction: Revenue from Contract with Customer, Excluding Assessed Tax moved higher year-over-year, with both windows positive (compare $5,168,405,000 with $5,246,401,000). - The filing evidence does not attribute this change to any single cause.

- Management frames the filing as an Annual Report on Form 10-K and ties forward-looking statements to a list of assumptions that include AI-enabled adoption by clients, customs and security enforcement on cross-border electronic information, secure operation of the business network, stability of political and economic conditions including tariffs and recession risk, management of inflation and labour costs, foreign-currency hedging, continued access to capital markets, the ability to identify and integrate business combinations, avoidance of third-party intellectual-property claims, and execution of restructuring plans (see Item 1A and Item 7). - Management cautions that estimates and beliefs are inherently uncertain and may change, and that actual results could differ materially; the safe-harbor language is grounded in the Securities Act framework and the related forward-looking-statement provisions cited in the filing (see Item 8 and Item 7A). - Management explicitly flags that rounded totals and percentages may not foot or reconcile, and that dollar amounts are expressed in thousands of U.S. dollars unless otherwise noted — a standard scope note relevant to every reader of the reported figures above.

- Because every authorized year-over-year direction is "increase" on a profit-to-profit base, the headline read for this filing is straightforwardly accretive across revenue, operating profit, net income and diluted EPS; this read aligns with the framing used in peer write-ups such as the C&F Financial year-over-year write-up and the First Community Corporation interim write-up, even though those cover different issuers and windows. - The scope of the section is intentionally narrow: only the four top-line and bottom-line dimensions above are authorized for year-over-year commentary here; cash-flow statement, share-repurchase and dividend dimensions are reserved for later sections.

- None provided in the filing evidence for these four dimensions; the filing does not present any contradictory figures or restatements within the quoted narrative.

UNKNOWN: - The filing evidence does not attribute any of the year-over-year movements to a single cause; readers seeking a margin-pressure or driver story should wait for a later section, and the only allowed causality statement is The filing evidence does not attribute this change to any single cause.. - Peer or industry comparison: The filing evidence contains no peer or industry comparison.. - Segment-level detail for any of the four dimensions above: The filing evidence does not disclose segment-level detail for this dimension..

Financial performance

- Reported fact: Revenue from Contract with Customer, Excluding Assessed Tax was $5,168,405,000 for the twelve months ended June 30, 2025 and $5,246,401,000 for the twelve months ended June 30, 2026, moving higher on the authorized year-over-year comparison while remaining positive in both periods. - Reported fact: Operating Income (Loss) was $892,689,000 for the prior-year comparative period and $1,082,597,000 for the current twelve-month period. The filing shows a higher result and a profit-to-profit transition.

- Reported fact: Net Income (Loss) Attributable to Parent was $435,868,000 for the twelve months ended June 30, 2025 and $643,022,000 for the twelve months ended June 30, 2026, with a higher year-over-year result while both periods remained profitable. 58 per diluted share USD/SHARES for the current twelve-month period. The authorized comparison is an increase, with a profit-to-profit transition.

- Management explanation: The filing’s risk discussion in Item 1A identifies product development, market acceptance, intellectual property, cybersecurity, third-party platforms, evolving AI and privacy requirements, restructuring, and resource management as considerations surrounding the company’s operating environment. - Analyst inference: The synchronized higher direction across revenue, operating income, net income, and diluted earnings indicates broad improvement in the reported twelve-month financial profile. The evidence does not support separating the contribution of individual business lines or determining which income-statement measure moved first.

- Analyst inference: Maintaining operating and net profitability while revenue increased supports a favorable operating comparison, but the magnitude of expansion cannot be independently assessed from the filing evidence. - Counter-evidence and qualifier: The quoted filing does not provide a peer set or industry benchmark, so the company’s performance cannot be placed against a broader competitive baseline. The filing evidence contains no peer or industry comparison.

- Counter-evidence and qualifier: The company-level figures do not disclose segment-level detail, preventing decomposition of the results by business, product, or geography. The filing evidence does not disclose segment-level detail for this dimension. - Unknown: The filing evidence does not attribute the year-over-year changes to any single cause.

The filing evidence does not attribute this change to any single cause. - Unknown: The cited material does not provide forward guidance for a subsequent reporting period, so expectations beyond the reported twelve-month window are not stated. - Accounting context: The consolidated figures are presented through the financial statements referenced in Item 8, while the qualitative risk discussion in Item 1A provides business context rather than an alternative accounting measure.

- Comparability baseline: The prior-year and current twelve-month figures establish the available baseline for tracking subsequent revenue, operating income, net income, and diluted EPS. The comparison is limited to the authorized year-over-year direction and does not imply a peer-relative or multi-year trend. - A related example of reporting higher year-over-year revenue, net income, and diluted EPS is available in the analysis of C&F Financial Posts Higher Year-Over-Year Revenue, Net Income, and Diluted EPS on Both Reported Windows, although that filing is a separate issuer and does not establish an industry benchmark for OPEN TEXT CORP.

Operating drivers and segments

Operating performance for OPEN TEXT CORP across the twelve months ended June 30, 2026 is captured in two top-line statements — Revenue from Contract with Customer, Excluding Assessed Tax and Operating Income (Loss) — with no segment-level breakdown disclosed in the excerpt. The reported revenue figure of $5,246,401,000 USD for the twelve months ended June 30, 2026 sits alongside the prior-year comparative of $5,168,405,000 USD for the twelve months ended June 30, 2025, and the operating result of $1,082,597,000 USD for the current twelve-month window is reported against $892,689,000 USD for the prior-year window. Both revenue and operating income moved higher year-over-year on a profit-to-profit basis, consistent with the authorized direction set out for these dimensions. The cited acquisition and divestiture disclosure in Note 19 points to inorganic activity that shapes the consolidated result, while Item 7 frames the discussion-of-operations context that would normally carry segment commentary. The filing evidence does not disclose segment-level detail for this dimension.

Management frames the year through a list of forward-looking assumptions that implicitly describe operating drivers: the evolving adoption of artificial-intelligence-enabled technologies by clients and the demand for the company's products and solutions; continued implementation of customs and security regulations on cross-border electronic information flows; operation of a secure and reliable business network; stability of general political, economic and market conditions, including any potential recession and current or threatened tariffs or trade restrictions; the ability to manage inflation, including higher labour costs associated with attracting and retaining employees, and higher interest rates; continued ability to manage foreign-currency risk through hedging; continued access to capital from equity and debt markets; the ability to identify, finance and integrate business combination opportunities on expected timeframes and budgets; continued ability to avoid infringing third-party intellectual property rights; and the ability to successfully implement restructuring plans. Management qualifies that these assumptions rest on management's perception of historic trends, current conditions and expected future developments and are inherently subject to significant business, economic, competitive and other uncertainties, and that actual results may differ materially. The cross-referenced risk universe sits in Item 1A and the discussion-of-operations anchor sits in Item 7, with the financial statements themselves delivered through Item 8.

Management's forward-looking statement list does not assign a specific weight to any single driver, does not quantify the contribution of AI-related demand, tariff exposure, restructuring actions or acquisitions to the year-over-year improvement in revenue or operating income, and does not reconcile those drivers to the reported figures. The reader is therefore presented with a directional thesis — demand, security, capital access, integration and restructuring — rather than an attributed walk from $892,689,000 USD to $1,082,597,000 USD or from $5,168,405,000 USD to $5,246,401,000 USD. Restructuring is named as an active initiative but is not quantified in the excerpt.

Cash flow and capital

The consolidated statements of cash flows filed with the 10-K for the twelve months ended June 30, 2026 show all three activity buckets moving in directions consistent with the prior-year comparative. Operating activities were a source of cash in both windows, and the current window registered a higher operating inflow than the prior-year comparative. Investing activities were a source of cash in the current window but a use of cash in the prior-year comparative, a swing that flips that line item from cash consumer to cash provider. Financing activities absorbed cash in both windows, with the current outflow larger than the prior-year outflow. The filing evidence does not attribute this change to any single cause.

Within the financing bucket, capital returned to shareholders remains a notable use of liquidity. Common stock repurchases were larger in the current period than in the prior-year comparative, reinforcing that buybacks remained an active lever of the company's capital allocation framework during the twelve months ended June 30, 2026. Dividend payments, in contrast, were smaller in the current window than in the prior-year comparative. Management's stated approach, framed in the source narrative as "consistent discipline to capital allocation, streamlined decision rights to best serve the clients, operating model, costs, and cloud migration," is the framing accompanying those cash returns, and the cited note Note 19 is the cross-reference the filing itself uses for divestiture activity. The filing evidence does not attribute this change to any single cause.

On the balance sheet side as of the balance sheet date of June 30, 2026, cash and cash equivalents stood at $956,024,000, and accounts payable, current, stood at $127,532,000. Long-term debt, excluding current maturities, was reported at $5,734,519,000. The investing-line flip from use to source of cash is the most visible change in the cash flow profile and aligns with management's commentary around regularly evaluating "divestitures of our products and solutions portfolio that no longer align with our future growth strategy." Readers comparing windows can place the same shape of year-over-year cash flow discussion alongside the C&F Financial Posts Higher Year-Over-Year Revenue, Net Income, and Diluted EPS on Both Reported Windows insight to see how a smaller reporting entity frames the same direction of cash generation. The filing evidence does not attribute this change to any single cause.

Peer and historical context

Looking at the twelve-month period reported by OPEN TEXT CORP in its 10-K for period-ended-2026-06-30 (accession 0001002638-26-000068), the year-over-year picture is uniformly constructive across the headline lines available in the filing evidence.

Top-line performance moved in the authorized direction. Revenue from Contract with Customer, Excluding Assessed Tax is recorded as $5,246,401,000 USD for the twelve months ended June 30, 2026, against $5,168,405,000 USD for the twelve months ended June 30, 2025, which represents a year-over-year increase. Operating profitability tracked the same trajectory: Operating Income (Loss) of $1,082,597,000 USD for the twelve months ended June 30, 2026 versus $892,689,000 USD for the prior twelve-month window, also an authorized increase, with the prior-year figure remaining profitable and the current-year figure remaining profitable — i.e., a profit-to-profit transition rather than a swing into or out of profitability.

Net Income (Loss) Attributable to Parent extended the pattern further down the income statement. The current twelve-month reading of $643,022,000 USD compares with $435,868,000 USD for the twelve months ended June 30, 2025, again an authorized increase on a profit-to-profit basis, reinforcing that bottom-line profitability strengthened alongside revenue. The filing evidence does not attribute this change to any single cause.

Cash generation reinforced the income-statement result. Net Cash Provided by (Used in) Operating Activities was $1,006,817,000 USD for the twelve months ended June 30, 2026, compared with $830,618,000 USD for the twelve months ended June 30, 2025, with both periods in positive territory and the current period higher — an authorized increase in operating cash flow that aligns directionally with the higher net income and operating income readings.

- On the historical-comparison axis, every full-year line for which the catalog supplies a value moved in the authorized direction relative to the prior-year window, and none of the profit-side metrics show a transition between profit and loss. - On the peer axis, the filing does not name competitors, sector benchmarks, or industry index comparisons, so no peer-relative statement can be supported from the supplied evidence. - The acquisition-and-divestiture narrative referenced through Note 19 and the product-category discussion in the source narrative describe portfolio structure but do not supply quantified peer comparables that would let us situate OpenText against an industry cohort in this section.

Scenario analysis

Under the central case, OPEN TEXT CORP continues on the trajectory the 10-K for the twelve months ended June 30, 2026 already describes, holding the same product mix that carried the twelve-month result. Revenue from Contract with Customer, Excluding Assessed Tax for the twelve months ended June 30, 2026 is $5,246,401,000 USD, up from $5,168,405,000 USD in the twelve months ended June 30, 2025, and Net Income (Loss) Attributable to Parent of $643,022,000 USD compares with $435,868,000 USD the year before, both profitable on a profit-to-profit transition. The base case assumes the Information Management, Business Network, IT Operations Management, Cybersecurity, and Application Delivery Management segments described in the filing continue at roughly their current cadence, with no structural disruption to enterprise software demand. The filing evidence does not attribute this change to any single cause.

The upside path requires extending the same revenue and net-income lines further into a higher band than the base case. If the Information Management and Cybersecurity (Enterprise) offerings sustain the demand signaled in the the twelve months ended June 30, 2026 window and the smaller Cybersecurity (SMB & Consumer) and Business Network lines reaccelerate off the level already booked, both revenue and net income could print above the central path. The filing evidence does not disclose segment-level detail beyond the product narrative, so the upside must be framed as a directional stretch of the same growth in Revenue from Contract with Customer, Excluding Assessed Tax and Net Income (Loss) Attributable to Parent that the catalog records, without implying a specific size of beat. The filing evidence does not disclose segment-level detail for this dimension.

The downside path is the mirror image and rests on the same building blocks, only inverted. A softer enterprise-software spending cycle or weaker demand in the the twelve months ended June 30, 2026 product set would compress the same revenue line relative to the $5,246,401,000 USD base and pull Net Income (Loss) Attributable to Parent below $643,022,000 USD. The filing evidence contains no peer or industry comparison against which to benchmark downside sensitivity, so the scenario should be read as a qualitative softening rather than a quantified drawdown. Readers who want a counterpoint from a weaker interim result can compare the framing against Starz Entertainment Posts Wider Losses on Softer Revenue in Interim Filing, while those modeling the more constructive trajectory can pair the base case with C&F Financial Posts Higher Year-Over-Year Revenue, Net Income, and Diluted EPS on Both Reported Windows in. The filing evidence contains no peer or industry comparison. The filing evidence does not attribute this change to any single cause.

Risks and what to watch

- The filing mixes product-level narrative with hard top-line aggregates, which leaves the reader with broad strokes but limited cross-checks. Revenue from Contract with Customer, Excluding Assessed Tax is reported at the consolidated level, while commentary drills down into individual product families such as Cybersecurity SMB and Application Delivery Management. The two layers do not always align, so a future reader cannot immediately reconcile a segment description with the consolidated revenue figure $5,246,401,000 $5,168,405,000.

- A structural risk sits inside the portfolio itself. The source narrative describes divestitures that have already reshaped the mix: the AMC business exited Application Delivery Management in the cited period, and both the eDOCS and Vertica businesses left Analytics on the dates referenced. Each of those exits changes what the consolidated top line actually represents, so the year-over-year movement in Revenue from Contract with Customer, Excluding Assessed Tax compares a current portfolio against a prior portfolio that no longer matches it.

Note 19 outlines the mechanics, but the reported comparison does not isolate that portfolio effect. The filing evidence does not attribute this change to any single cause. - Management narrative points to rising cyber-attack activity as a tailwind for endpoint and Security Awareness offerings, yet the same commentary describes a customer base skewed toward small and midsized businesses and distributed largely through managed service providers.

Concentration risk and channel dependency are not quantified in the cited items, and the reader has no way to size either exposure from the headline aggregates. The direction of Net Income (Loss) Attributable to Parent is authorized as an increase from the prior period, with the transition staying profit to profit $643,022,000 $435,868,000, but the discussion contains no defense of the margin path behind that transition. - Counter-evidence is thin.

The filing's stated increases in revenue and net income for the twelve-month period run alongside authorized decreases in Payments of Dividends and an authorized increase in Payments for Repurchase of Common Stock, which together could indicate shifting capital-return priorities. Neither direction nor magnitude is explained in the cited sections, so the reader must treat the cash-return signals as separate signals rather than as confirmed commentary on earnings quality. - Unknowns are substantial.

The filing evidence does not attribute any of the year-over-year movements to specific drivers, so any causal narrative would be invented. The same source contains no peer or industry comparison The filing evidence contains no peer or industry comparison. and no segment-level revenue or operating-income detail for the Cybersecurity, ADM, or Analytics families beyond qualitative description The filing evidence does not disclose segment-level detail for this dimension..

Forward-looking statements referenced inside Item one read as cautionary language rather than quantified guidance. - Metrics worth watching next period include the consolidated revenue and net income trajectory for the next annual window, the continued treatment of the divestitures in Note 19 for non-comparable-period effects, any disclosure on segment-level revenue after the cited divestitures, capital-return cadence through dividends and buybacks, and the discussion inside Item one that frames risk factors and forward-looking statements for the reader.

A useful adjacent reference is C&F Financial Posts Higher Year-Over-Year Revenue, Net Income, and Diluted EPS on Both Reported Windows, which illustrates how another issuer frames its year-over-year change for readers approaching the same comparison structure.