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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Revenues (Note 3):        
Total revenues $ 1,254,363 $ 1,447,131 $ 3,857,868 $ 4,407,428
Cost of revenues:        
Amortization of acquired technology-based intangible assets (Note 6) 47,199 48,094 141,646 195,702
Total cost of revenues 356,109 391,357 1,071,280 1,204,116
Gross profit 898,254 1,055,774 2,786,588 3,203,312
Operating expenses:        
Research and development 197,333 226,521 568,753 665,608
Sales and marketing 260,102 303,750 779,913 871,384
General and administrative 115,718 145,924 321,804 450,399
Depreciation 32,474 32,109 96,524 99,615
Amortization of acquired customer-based intangible assets (Note 6) 79,683 100,841 242,235 334,958
Special charges (recoveries) (Note 16) 3,854 19,561 66,228 87,521
Total operating expenses 689,164 828,706 2,075,457 2,509,485
Income from operations 209,090 227,068 711,131 693,827
Other income (expense), net (Note 20) (26,578) 9,950 6,382 (38,664)
Interest and other related expense, net (78,816) (132,663) (246,713) (413,719)
Income before income taxes 103,696 104,355 470,800 241,444
Provision for income taxes 10,842 6,028 63,618 24,434
Net income 92,854 98,327 407,182 217,010
Net (income) attributable to non-controlling interests (49) (42) (147) (149)
Net income attributable to OpenText $ 92,805 $ 98,285 $ 407,035 $ 216,861
Earnings per share—basic attributable to OpenText (Note 21) (in dollars per share) $ 0.35 $ 0.36 $ 1.54 $ 0.80
Earnings per share—diluted attributable to OpenText (Note 21) (in dollars per share) $ 0.35 $ 0.36 $ 1.53 $ 0.80
Weighted average number of Common Shares outstanding—basic (in shares) 262,841 272,272 265,132 271,671
Weighted average number of Common Shares outstanding—diluted (in shares) 263,834 273,033 265,610 272,349
Cloud services and subscriptions        
Revenues (Note 3):        
Total revenues $ 462,614 $ 454,528 $ 1,381,944 $ 1,355,633
Cost of revenues:        
Cost of revenues: 174,186 186,400 521,731 537,960
Customer support        
Revenues (Note 3):        
Total revenues 567,379 691,441 1,753,464 2,084,916
Cost of revenues:        
Cost of revenues: 61,733 74,639 186,963 223,027
License        
Revenues (Note 3):        
Total revenues 138,363 200,363 453,099 662,627
Cost of revenues:        
Cost of revenues: 7,504 6,769 20,497 16,591
Professional service and other        
Revenues (Note 3):        
Total revenues 86,007 100,799 269,361 304,252
Cost of revenues:        
Cost of revenues: $ 65,487 $ 75,455 $ 200,443 $ 230,836