The company’s fourth-quarter results showed total revenues of $1.35 billion, a 2.9% rise compared to the same period last year. Cloud services remained a primary engine for the firm, contributing $503 million in the quarter—marking 22 consecutive quarters of organic cloud growth. CEO Ayman Antoun emphasized that the current fiscal year serves as a "foundation year" for the company, focusing on expanding sales capacity and deepening relationships with ecosystem partners to capitalize on the urgency for trusted AI data.
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OpenText Posts $5.2 Billion in Annual Revenue Amid AI Pivot
Waterloo-based OpenText reported $5.25 billion in total revenue for fiscal 2026, a 1.5% increase year-over-year, as the company leans into its strategy to position its secure data infrastructure as the backbone for enterprise-grade artificial intelligence deployments.
Financial discipline defined the year, with OpenText reporting an Adjusted EBITDA margin of 36.3%. The company also prioritized shareholder returns, repurchasing $409 million in shares and issuing $268 million in dividends. Looking forward, management signaled a shift toward aggressive cash generation and debt reduction to support long-term performance. Recent strategic moves include a $150 million divestiture of its non-core Vertica business and a €105 million investment in European operations to boost sovereign cloud and agentic AI capabilities.
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