Basic earnings per share are computed by dividing net income, attributable to OpenText, by the weighted average number of Common Shares outstanding during the period. Diluted earnings per share are computed by dividing net income, attributable to OpenText, by the shares used in the calculation of basic earnings per share plus the dilutive effect of Common Share equivalents, such as stock options, using the treasury stock method. Common Share equivalents are excluded from the computation of diluted earnings per share if their effect is anti-dilutive.


	Year Ended June 30,
	2026		2025		2024
Basic earnings per share
Net income attributable to OpenText	$	643,022	$	435,868	$	465,090
Basic earnings per share attributable to OpenText	$	2.58	$	1.66	$	1.71
Diluted earnings per share
Net income attributable to OpenText	$	643,022	$	435,868	$	465,090
Diluted earnings per share attributable to OpenText	$	2.58	$	1.65	$	1.71
Weighted average number of shares outstanding (in ‘000’s)
Basic	249,026		263,274		271,548
Effect of dilutive securities	347		376		1,040
Diluted	249,373		263,650		272,588
Excluded as anti-dilutive (1)	7,604		12,642		8,401

(1)Represents options to purchase Common Shares excluded from the calculation of diluted earnings per share because the exercise price of the stock options was greater than or equal to the average price of the Common Shares during the period.