OpenText (OTEX) Posts Record Profits While Core Revenue Stalls
OpenText (OTEX) reported Q4 and fiscal 2026 results. Net income rose 439.9% YoY to $156M, with cloud revenue up 6.0%. Full-year net income increased 47.5% to $643M. However, total annual recurring revenue grew just 0.2% in Q4 and 1.3% for the year. Customer support revenue fell 4.6% in Q4. The company returned $677M to shareholders and sold a non-core asset for $150M.







