OpenText Q1 FY27 net income rises 6% year over year to USD 155.25 million
OTEX•OpenText reported first-quarter FY27 net income of USD 155.25 million, up 6% year over year, and diluted EPS of USD 0.64, up 10%. Revenue fell to USD 1.24 billion, while operating cash flow rose 17% to USD 172.27 million.
1. Quarterly results
OpenText’s first-quarter FY27 net income rose 6% year over year to USD 155.25 million, and GAAP diluted EPS increased 10% to USD 0.64. Total revenue fell to USD 1.24 billion, while operating cash flow climbed 17% to USD 172.27 million.
2. Debt and AI partnership
In October, OpenText completed a USD 1 billion senior secured notes offering and reduced debt by USD 300 million. A partnership with Cohere aims to combine trusted data with agentic AI.
