OpenText Reports Preliminary Q3 Fiscal 2026 Revenue and Announces CEO Transition

WATERLOO, ONTARIO, April 10, 2026 – OpenText Corporation (NASDAQ: OTEX), a global leader in secure information management, today released key details that are likely to be of significant interest to investors and shareholders:

Key Highlights from the 8-K Filing

• Preliminary Q3 Revenue Guidance: OpenText announced preliminary revenue expectations for its third quarter of fiscal year 2026 of approximately US\$1.28 billion. This figure represents management’s current estimate, ahead of the finalization of quarter-end accounting procedures.
• Upcoming Financial Results Announcement: The company will release its full third quarter fiscal 2026 financial results on Thursday, May 7, 2026, after market close. An earnings call webcast will be held at 5:00 p.m. ET that day, accessible via the OpenText Investor Relations website.
• CEO Transition: As previously announced, Ayman Antoun will officially commence his role as Chief Executive Officer on April 20, 2026. Notably, Mr. Antoun is expected to participate in the upcoming earnings call, indicating a pivotal leadership transition for the company.

Details and Implications for Shareholders

• Revenue Estimate – Not Yet Final: The US\$1.28 billion revenue figure is preliminary and has not been audited, reviewed, or examined by independent auditors. It is subject to further adjustments and the completion of the company’s normal quarter-end procedures. Actual results may differ materially from this estimate once final numbers are in.
• Price Sensitive Information: The release of preliminary revenue guidance, especially ahead of the full results, is potentially price sensitive and may impact the company’s share value. While the company did not specify whether the guidance was above, below, or in line with market expectations, such early disclosures often reflect management’s outlook and confidence in performance.
• Leadership Change: The arrival of a new CEO, especially one who will immediately participate in the company’s key quarterly earnings call, could signal strategic shifts or renewed focus. Investors should monitor management commentary for any new directions or updates to company strategy.
• Forward-Looking Statement Warning: OpenText emphasized that these preliminary results are “forward-looking statements” and are subject to substantial risks and uncertainties. The company referenced potential unanticipated costs, delays, market changes, and other factors that could cause actual results to differ from current expectations. Investors are cautioned not to place undue reliance on these estimates.

Conference Call Details

The Q3 earnings call will feature:

• Tom Jenkins, Executive Chair & Chief Strategy Officer
• Ayman Antoun, incoming Chief Executive Officer
• James McGourlay, current Interim Chief Executive Officer
• Steve Rai, Executive Vice President & Chief Financial Officer

Date & Time: May 7, 2026, at 5:00 p.m. ET (2:00 p.m. PT)
Length: 60 minutes
Access: OpenText Investor Relations website

About OpenText

OpenText™ is recognized globally for secure information management, helping organizations unlock the value of their data, particularly in the context of AI. The company’s technologies are designed to turn raw data into actionable information with context, forming the knowledge base for AI solutions.

Contact Information for Investors

Greg Secord
Vice President, Global Head of Investor Relations
OpenText Corporation
Phone: (416) 956-0380 (Canada) / (415) 963-0825 (U.S.)
Email: [email protected]

Important Note for Shareholders

• The preliminary revenue expectations and impending leadership change are both potentially significant for the company’s market valuation. Investors should watch for further updates in the full Q3 results and listen closely to the May 7 earnings call for management’s guidance and strategic updates.
• As with all forward-looking statements, these estimates are subject to change based on the completion of standard accounting processes and unforeseen business developments.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. Investors should review OpenText’s filings with the SEC and other regulatory authorities for additional information on risk factors and should consult with their financial advisors before making investment decisions.

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