What is Open Text's loss on debt extinguishment?

Open Text (OTEX) reported loss on debt extinguishment of -$5.3M in Q1 2026.

What does loss on debt extinguishment mean?

Non-cash loss from retiring debt before maturity, added back in operating cash flow since the cash impact is in financing.

Open Text OTEX Loss on Debt Extinguishment

Loss on Debt Extinguishment at other companies

BeldenBDC

-$1.27M—

Other financials

Income statement

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Revenue$1.3B+2.2%

Gross profit$937.3M+4.3%

Operating income$201.2M-3.8%

Net income$172.7M+86.0%

EPS (diluted)$0.70+100%

Balance sheet

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Cash & equivalents$1.3B-1.9%

Total debt$6.4B-3.6%

Total equity$4.0B-4.0%

Total assets$13.3B-3.1%

Cash flow

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Operating cash flow$354.6M-11.8%

CapEx$49.7M+75.0%

Free cash flow$304.9M-18.4%

Valuation

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Market cap$5.02B-16.4%

Profitability

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Gross margin73.1%+0.8pp

Operating margin18.1%+0.8pp

Net margin9.9%-2.6pp

FCF margin15.5%+2.0pp

Returns & leverage

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Return on equity12.8%-3.1pp

Debt / equity1.6×0.0×

Current ratio0.9×+0.1×

Where this comes from

Reported directly by Open Text in its filing.

Tagged under the XBRL concept us-gaap:GainsLossesOnExtinguishmentOfDebt.

The official record: Open Text’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Open Text's loss on debt extinguishment?: Open Text (OTEX) reported loss on debt extinguishment of -$5.3M in Q1 2026.
What does loss on debt extinguishment mean?: Non-cash loss from retiring debt before maturity, added back in operating cash flow since the cash impact is in financing.