XML 16 R4.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Revenues (Note 3):        
Total revenues $ 1,334,500 $ 1,534,868 $ 2,603,505 $ 2,960,297
Cost of revenues:        
Amortization of acquired technology-based intangible assets (Note 6) 47,203 70,784 94,447 147,608
Total cost of revenues 356,524 405,748 715,171 812,759
Gross profit 977,976 1,129,120 1,888,334 2,147,538
Operating expenses:        
Research and development 180,727 212,855 371,420 439,086
Sales and marketing 273,929 287,628 519,811 567,635
General and administrative 99,356 173,264 206,086 304,475
Depreciation 31,879 33,415 64,050 67,506
Amortization of acquired customer-based intangible assets (Note 6) 81,048 113,925 162,552 234,117
Special charges (recoveries) (Note 16) 15,238 54,166 62,374 67,960
Total operating expenses 682,177 875,253 1,386,293 1,680,779
Income from operations 295,799 253,867 502,041 466,759
Other income (expense), net (Note 20) 68,615 (68,784) 32,960 (48,614)
Interest and other related expense, net (83,615) (139,292) (167,897) (281,056)
Income before income taxes 280,799 45,791 367,104 137,089
Provision for income taxes 50,893 8,054 52,776 18,406
Net income 229,906 37,737 314,328 118,683
Net (income) attributable to non-controlling interests (44) (62) (98) (107)
Net income attributable to OpenText $ 229,862 $ 37,675 $ 314,230 $ 118,576
Earnings per share—basic attributable to OpenText (Note 21) (in dollars per share) $ 0.87 $ 0.14 $ 1.18 $ 0.44
Earnings per share—diluted attributable to OpenText (Note 21) (in dollars per share) $ 0.87 $ 0.14 $ 1.18 $ 0.44
Weighted average number of Common Shares outstanding—basic (in shares) 265,099 271,568 266,252 271,373
Weighted average number of Common Shares outstanding—diluted (in shares) 265,193 272,141 266,505 272,019
Cloud services and subscriptions        
Revenues (Note 3):        
Total revenues $ 462,306 $ 450,091 $ 919,330 $ 901,105
Cost of revenues:        
Cost of revenues: 172,288 180,148 347,545 351,560
Customer support        
Revenues (Note 3):        
Total revenues 590,595 695,762 1,186,085 1,393,475
Cost of revenues:        
Cost of revenues: 62,656 73,374 125,230 148,388
License        
Revenues (Note 3):        
Total revenues 188,923 289,238 314,736 462,264
Cost of revenues:        
Cost of revenues: 6,336 5,983 12,993 9,822
Professional service and other        
Revenues (Note 3):        
Total revenues 92,676 99,777 183,354 203,453
Cost of revenues:        
Cost of revenues: $ 68,041 $ 75,459 $ 134,956 $ 155,381