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Open Text Corporation (OTEX)

Nasdaq: OTEX · Services-Computer Integrated Systems Design · Ontario Canada, ON · filing with the SEC since 1998
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Grade6.7
◀ Past 7.7● Present 6.9▶ Future 4.9
1 est.
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The grade of Open Text Corporation

Nine metrics read from its own filings, by tense
Headline grade
6.7/10
◀ Past7.740% of the headline
● Present6.935% of the headline
▶ Future4.925% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

7.7/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed
8.2/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 82nd percentile among 45 sector filers · read for itself

From the record

Open Text Corporation's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.7/10

What has it actually done, year after year?

+9.6% a year over 10 filed years; profitable in 10 of 10.

weight 45% of this tense · 66th percentile among 38 sector filers · read for its customers

From the record

Open Text Corporation's 10 filed years say what it did: revenue went from $2.3 billion in fiscal 2017 to $5.2 billion in fiscal 2026, up 9.6% a year; it rose in 8 of 9 years; the deepest fall was 10% from fiscal 2024 to fiscal 2025; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span9.6%top 47% of its family
  • the share of years revenue rosetop 36% of its family
  • the share of filed years with a profittop 8% of its family
  • the deepest fall from a revenue peak10.4%top 43% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
9.1/10

How has it treated the people who own it?

Share count shrank 2.7% a year. 64% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 91st percentile among 22 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-06-30, Open Text Corporation's diluted share count shrank about 2.7% a year, and dividends and buybacks returned about 64% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 4% of its family
  • cash returned against operating cash flowtop 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.9/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
7.0/10

Is it financially healthy right now?

ROE 16%: 16¢ of profit per shareholder dollar. Leverage 69%: owes 69¢ per asset dollar.

weight 33% of this tense · 70th percentile among 41 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-06-30, Open Text Corporation earned about 16 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 30 cents per dollar of everything the company owns. Leverage: it owed about 69 cents per dollar of assets, and net share issuance: its share count shrank 5.4% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 42% of its family
  • return on equitytop 20% of its family
  • gross profit against assetstop 37% of its family
  • the share count against the year beforetop 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.6/10

How strong is its position in its industry?

top 24% of 40 in its family; net margin 12.3%.

weight 45% of this tense · 76th percentile among 40 sector filers · read for its customers

From the record

Open Text Corporation's standing among 40 graded names in its industry family: revenue of $5.2 billion in fiscal 2026 ranks in the top 15% by size; a net margin of 12.3% ranks in the top 11%; revenue growth of 5.4% a year over the last 3 filed years ranks in the top 46% (its annual reports).

What it rests on

  • revenue against the family$5.25Btop 15% of its family
  • net margin12.3%top 11% of its family
  • three-year revenue growth5.4%top 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.2/10

What are the people in charge doing?

SI estimate 5.2/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 29 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
No officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 29 members with one.
What the record cannot read
No officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read.
How it was reasoned
family median, 29 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Open Text Corporation's leadership is put at 5.2 of 10 with a confidence of 20 of 100, because no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 29 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

4.9/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.2/10

How much room does it have to grow?

top 48% of 39 in its family for room to expand.

weight 22% of this tense · 52nd percentile among 39 sector filers · read for itself

From the record

Open Text Corporation's room to grow, from the newest filed statements (fiscal 2026): cash of $956 million against debt of $5.8 billion leaves -36.7% of its assets as net cash, bottom 6% of its family; cash from operations less capital spending is 15.4% of revenue (top 22%); a gross margin of 73.7% (top 14%); research spending of 12.3% of revenue (bottom 37%) (its annual report).

What it rests on

  • cash less debt against assets-36.7%bottom 6% of its family
  • cash from operations less capital spending against revenue15.4%top 22% of its family
  • gross margin73.7%top 14% of its family
  • research spending against revenue12.3%bottom 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.7/10

What could actually drive growth from here?

bottom 46% of 38 in its family for growth drivers.

weight 45% of this tense · 46th percentile among 38 sector filers · read for its customers

From the record

Open Text Corporation's growth drivers, from the filed years to fiscal 2026: revenue grew 5.4% a year over the last three filed years against 9.6% over all 10, slowing (bottom 42% of its family); the newest year grew 1.5% (bottom 34%); research spending grew -0.6% a year (bottom 42%); capital spending grew 17.2% a year (top 32%) (its annual reports). Open Text Corporation reported 11 product lines in fiscal 2026: Cybersecurity Enterprise Product at $690 million (13%), License at $678 million (13%), Business Network Product at $644 million (12%), and 8 more; 7 of 11 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-4.3 points a yearbottom 42% of its family
  • the newest year's revenue growth1.5%bottom 34% of its family
  • three-year growth of research spending-0.6%bottom 42% of its family
  • three-year growth of capital spending17.2%top 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.2/10

Did its newest year beat what its own record pointed to?

top 48% of 32 in its family for expectations against reality.

weight 33% of this tense · 52nd percentile among 32 sector filers · read for its shareholders

From the record

Open Text Corporation's newest year against its own record: revenue of $5.2 billion in fiscal 2026 came in 5.4% below the $5.5 billion its prior three years' pace pointed to (bottom 23% of its family); net income of $643 million against a prior three-year average of $350 million (top 26%); a net margin of 12.3% against 6.6% before (top 42%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-5.4%bottom 23% of its family
  • net income against the prior three years' average+84%top 26% of its family
  • net margin against its prior average+5.6 pointstop 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton OTEX · research, not advice