News Summary:
OpenText reported fourth-quarter fiscal 2026 revenue of $1.35 billion, a 2.9% year-over-year increase, driven by a 5.3% rise in its core portfolio revenue to $1.05 billion on a reported basis. During its earnings call on August 7, 2026, the company outlined a fiscal 2027 investment plan centered on expanding sales capacity, partner channels, and AI offerings, projecting fiscal 2027 reported revenue between $5.135 billion and $5.185 billion, a 2% to 1% decline. Management emphasized a strategy focused on providing secure, governed, and contextualized enterprise data for customers deploying AI, highlighting its Aviator AI platform and cloud capabilities. This assessment reinforced OpenText's position as an established software company with information management at scale, integrating AI Cloud through its Experience Cloud. Previously, on August 6, 2026, OpenText officially released its financial results, confirming quarterly revenues of $1.349 billion and full-year fiscal 2026 revenues of $5.246 billion. Net income for the fourth quarter increased to $155.66 million, with full-year net income reaching $643.02 million. Cloud revenues specifically grew 6.0% year-over-year to $503 million, while operating cash flow rose 17.5% year-over-year to $186 million.