OpenText Q1 revenue falls 4.0% to $1.237 billion; GAAP EPS rises to $0.64
OpenText reported first-quarter fiscal 2027 results for the quarter ended September 30, 2026, with total revenues of $1.237 billion, down 4.0% from a year earlier, while GAAP diluted EPS rose to $0.64 from $0.58. The Board also declared a $0.28 per share dividend, and the company said that after the quarter it completed a $1.0 billion debt refinancing and paid down $300 million of debt through a tender offer. Shareholders see mixed results: GAAP net income and EPS grew, but revenue, non-GAAP EPS and adjusted EBITDA declined.
Key points
- Total revenues were $1.237 billion, down 4.0% Y/Y; Core Cloud Revenues rose 11.2% to $339 million.
- GAAP diluted EPS was $0.64 versus $0.58 a year earlier; non-GAAP diluted EPS was $1.05, unchanged Y/Y.
- Adjusted EBITDA was $442 million, down 5.3% Y/Y, with a margin of 35.8%.
- The Board declared a $0.28 per share dividend, payable December 18, 2026, to shareholders of record on December 4, 2026.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.