OpenText Posts Record Profits While Core Revenue Stalls OpenText Corporation's recent fourth quarter and full fiscal 2026 results reveal a striking paradox.
The company's quarterly net income quintupled from last year, with GAAP net income jumping 439. 9% to $156 million in the fourth quarter and diluted EPS climbing 481. 8%.
However, total annual recurring revenue barely budged. This disconnect is particularly puzzling given OpenText's stated ambitions for steady execution.