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OTHER INCOME (EXPENSE), NET (Tables)
 6 Months Ended
Dec. 31, 2024
Other Income and Expenses [Abstract]  
Schedule of Other Income (Expense), Net
Three Months Ended December 31,Six Months Ended December 31,
2024202320242023
Foreign exchange gains (losses)
$25,539 $(19,624)$14,160 $(8,190)
Unrealized gains (losses) on derivatives
not designated as hedges (1)
45,549 (38,117)20,614 (20,222)
OpenText share in net income (loss) of equity investees (2)
1,538 (8,482)1,993 (18,178)
Adjustment to gain on AMC Divestiture (3)
(4,175)— (4,175)— 
Other miscellaneous income (expense)
164 (2,561)368 (2,024)
Total other income (expense), net
$68,615 $(68,784)$32,960 $(48,614)
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(1)Represents the unrealized gains (losses) on our derivatives not designated as hedges related to the Micro Focus Acquisition (see Note 15 “Derivative Instruments and Hedging Activities” for more details).
(2)Represents our share in net income (loss) of equity investees, which approximates fair value and subject to volatility based on market trends and business conditions, based on our interest in certain investment funds in which we are a limited partner. Our interests in each of these investees range from 4% to below 20% and these investments are accounted for using the equity method (see Note 7 “Prepaid Expenses and Other Assets” for more details).
(3)Represents final settlement of working capital and other adjustments (see Note 17 “Acquisitions and Divestitures” for more details).