OPEN TEXT CORP Earnings Per Share Disclosure
| Year Ended June 30, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Basic earnings per share | |||||||||||||||||
| Net income attributable to OpenText | $ | 435,868 | $ | 465,090 | $ | 150,379 | |||||||||||
| Basic earnings per share attributable to OpenText | $ | 1.66 | $ | 1.71 | $ | 0.56 | |||||||||||
| Diluted earnings per share | |||||||||||||||||
| Net income attributable to OpenText | $ | 435,868 | $ | 465,090 | $ | 150,379 | |||||||||||
| Diluted earnings per share attributable to OpenText | $ | 1.65 | $ | 1.71 | $ | 0.56 | |||||||||||
Weighted-average number of shares outstanding (in ‘000’s) | |||||||||||||||||
| Basic | 263,274 | 271,548 | 270,299 | ||||||||||||||
| Effect of dilutive securities | 376 | 1,040 | 152 | ||||||||||||||
| Diluted | 263,650 | 272,588 | 270,451 | ||||||||||||||
Excluded as anti-dilutive (1) | 12,642 | 8,401 | 8,909 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Aug 7, 2025 | Showing above |
| 2024 | Aug 1, 2024 | |
| 2023 | Aug 3, 2023 | |
| 2022 | Aug 5, 2022 | |
| 2021 | Aug 5, 2021 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.