Teradata Corporation (TDC) SEC Filings & Earnings Calls
EquiReason read 22 Teradata Corporation SEC filings in the last 12 months. Latest: 8-K on 2026-08-17 — Entry into standard indemnification agreements for directors and officers; routine governance matter, no material financial impact..
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 3.2B
- P/E TTM
- —
- Dividend yield
- —
- 52-week
- —
- Next earnings
- 5 Nov, in 12 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
5 Aug 202610-QTeradata reported Q2 2026 results with revenue flat YoY, but significant improvements in profitability and ARR growth.earningsopen
Figures in the filing · each found in the filing text
| Total Annual Recurring Revenue (ARR) · Q2-2026 | $1.51B | +1% y/y |
| Public Cloud ARR · Public Cloud · Q2-2026 | $686M | +8% y/y |
| Subscription ARR · Subscription · Q2-2026 | $750M | -1% y/y |
| Maintenance and Software upgrade rights ARR · Maintenance and Software upgrade rights · Q2-2026 | $73M | -26% y/y |
| Revenue · Q2-2026 | $410M | +0% y/y |
| Recurring revenue · Recurring · Q2-2026 | $363M | +3% y/y |
| Perpetual software licenses, hardware and other revenue · Perpetual software licenses, hardware and other · Q2-2026 | $8M | +167% y/y |
| Consulting services revenue · Consulting services · Q2-2026 | $39M | -24% y/y |
| Gross profit · Q2-2026 | $243M | +6% y/y |
| Gross margin · Q2-2026 | 59.3% |
Guidance
Full-year effective tax rate estimated at ~23%; 0.0%-0.5% positive impact from currency translation on 2026 full-year total reported revenues
Management reaffirmed expectations for Public Cloud ARR growth driven by expansions and migrations, and provided updated currency guidance.
Risks flagged
Macroeconomic Uncertainty
“Continued macroeconomic and geopolitical uncertainty, including evolving global trade and tariff policy and elevated interest rates, contributing to elongated customer decision cycles and staged purchasing decisions.” · word for word
Customer Migration Risk
“The decreases in maintenance and software upgrade rights ARR were primarily driven by customer migrations to Public Cloud ARR and on-premises erosions.” · word for word
Consulting Revenue Decline
“Consulting services revenue decreased 24% or $12 million in the second quarter of 2026, with a 1% negative impact from foreign currency exchange rate fluctuations.” · word for word
4 Aug 20268-K · 2.02Teradata reported Q2 2026 recurring revenue growth, margin expansion, strong free cash flow, and raised full-year non-GAAP EPS and adjusted free cash flow guidance.earningsopen
Figures in the filing · each found in the filing text
| Recurring revenue · Q2-2026 | $363M | +3% y/y |
| Total ARR · Q2-2026 | $1.51B | +1% y/y |
| Public cloud ARR · Q2-2026 | $686M | +8% y/y |
| Total revenue · Q2-2026 | $410M | +0% y/y |
| GAAP gross margin · Q2-2026 | 59.3% | |
| Non-GAAP gross margin · Q2-2026 | 60.5% | |
| GAAP operating margin · Q2-2026 | 11.7% | |
| Non-GAAP operating margin · Q2-2026 | 21.5% | |
| GAAP diluted EPS · Q2-2026 | $0.48 | +433% y/y |
| Non-GAAP diluted EPS · Q2-2026 | $0.69 | +47% y/y |
Guidance
FY26 GAAP diluted EPS raised to $4.43-4.51; Non-GAAP diluted EPS raised to $2.65-2.73; Adjusted free cash flow raised to $330-350M; Q3 2026 recurring revenue -4% to -2% YoY; total revenue -6% to -4% YoY; GAAP EPS $0.27-0.31; Non-GAAP EPS $0.55-0.59.
Raised full-year EPS and free cash flow guidance due to strong operational performance and margin expansion.
Risks flagged
Execution risk in cloud transformation and AI product adoption.
“Significant execution risk for our cloud, hybrid, on-premises, AI and ML offerings.”
Macroeconomic headwinds including inflation, tariffs, and recessionary conditions could impact customer spending.
“Global economic environment and business conditions in general, including inflation, tariffs, and/or recessionary conditions.” · word for word
3 Aug 20268-K · 5.02Reported the departure of a director or principal officer (CEO/CFO change); filed financial statements and exhibits with this reportopen
Risks flagged
Activist investor involvement may indicate governance or strategic concerns.
“Cooperation Agreement with Lynrock Lake Partners” · word for word
8 Jul 2026SC 13D/ALynrock Lake LP filed an amendment to Schedule 13D reporting a 6.6% passive stake in Teradata, with no stated activist intent.open
Figures in the filing · each found in the filing text
| Beneficial ownership percentage · 2026-07-06 | 6.6% | |
| Shares beneficially owned · 2026-07-06 | 6,212,370 |
8 Jul 2026SC 13D/ALynrock Lake LP filed an amendment to Schedule 13D reporting a 6.6% passive stake in Teradata, with no stated activist intent.open
Figures in the filing · each found in the filing text
| Beneficial ownership percentage · 2026-07-06 | 6.6% | |
| Shares beneficially owned · 2026-07-06 | 6,212,370 |
17 Jun 2026SC 13D/ALynrock Lake LP discloses 7.6% activist stake in Teradata, potentially pushing for strategic or operational changes.open
Risks flagged
Activist Pressure Risk
“Lynrock Lake LP holds 7.6% stake and may seek changes; no specific demands disclosed in this filing.”
17 Jun 2026SC 13D/ALynrock Lake LP discloses 7.6% activist stake in Teradata, potentially pushing for strategic or operational changes.open
Risks flagged
Activist Pressure Risk
“Lynrock Lake LP holds 7.6% stake and may seek changes; no specific demands disclosed in this filing.”
6 May 202610-QNet income $335M (+661% y/y); Total ARR $1.49B (+4% y/y); Public Cloud ARR $686M (+13% y/y)open
Figures in the filing · each found in the filing text
| Net income · Q1-2026 | $335M | +661% y/y |
| Total ARR · 2026-03-31 | $1.49B | +4% y/y |
| Public Cloud ARR · Public Cloud · 2026-03-31 | $686M | +13% y/y |
| Gross margin · Q1-2026 | 62.2% | |
| Recurring gross margin · Recurring · Q1-2026 | 69.3% | |
| Operating income (loss) · Q1-2026 | $-36M | |
| SG&A expense · Q1-2026 | $240M | +107% y/y |
Risks flagged
Legal expense volatility
“Selling, general and administrative expense increased year over year due to the impact of the $121 million of expenses incurred in connection with the SAP litigation and related settlement”
Macroeconomic headwinds
“Continued macroeconomic and geopolitical uncertainty, including evolving global trade and tariff policy and elevated interest rates, contributing to elongated customer decision cycles and staged purchasing decisions.” · word for word
Consulting revenue decline
“Consulting services revenue decreased 14% or $7 million in the first quarter of 2026, with a 1% positive impact from foreign currency exchange rate fluctuations. The consulting services revenue decrease is primarily the result of lower order performance from the second half of 2025.” · word for word
26 Mar 2026DEF 14ATeradata seeks shareholder approval to increase shares available under the 2023 Stock Incentive Plan by 6,300,000 shares, increasing fully diluted overhang from 11.23% to 16.18%.open
Figures in the filing · each found in the filing text
| Non-GAAP Diluted Earnings Per Share · FY2025 | $2.58 | |
| GAAP Diluted Earnings Per Share · FY2025 | $1.35 | |
| Free Cash Flow · FY2025 | $285M | |
| Non-GAAP Operating Income · FY2025 | $352M | |
| GAAP Operating Income · FY2025 | $205M | |
| Non-GAAP Operating Margin · FY2025 | 21.2% | |
| GAAP Operating Margin · FY2025 | 12.3% | |
| Fully Diluted Overhang · 2026-03-10 | 11.2% | |
| Pro Forma Fully Diluted Overhang · 2026-03-10 | 16.2% |
Risks flagged
Equity dilution from increased share authorization
“The additional shares being requested under the 2023 SIP would bring our fully diluted overhang to approximately 16.18% as of March 10, 2026.” · word for word
2 Mar 20268-K · 5.02Reported a director or officer change (departure, election, appointment or pay arrangement)open
Risks flagged
Activist involvement may lead to strategic or operational changes
“Cooperation Agreement with Lynrock Lake Partners LLC” · word for word
27 Feb 202610-KTotal ARR $1.52B (+3% y/y); Public Cloud ARR $701M (+15% y/y); Cloud Net Expansion rate 108; Guidance: FY2026 currency translation estimated positive 0.25%-0.75% on total revenueopen
Figures in the filing · each found in the filing text
| Total ARR · FY2025 | $1.52B | +3% y/y |
| Public Cloud ARR · Public Cloud · FY2025 | $701M | +15% y/y |
| Cloud Net Expansion rate · Public Cloud · FY2025 | 108.0% | |
| Revenue · FY2025 | $1.66B | -5% y/y |
| Gross Profit · FY2025 | $987M | |
| Free Cash Flow · FY2025 | $285M | |
| Operating Cash Flow · FY2025 | $305M |
Guidance
FY2026 currency translation estimated positive 0.25%-0.75% on total revenue
Management expects expansion as primary contributor for Total ARR growth in 2026, with slight negative impact from upfront subscription revenue. Currency translation expected to have a 0.25%-0.75% positive impact on 2026 full-year total revenues.
Risks flagged
Competitive Pressure from Cloud Giants
“Our competitors include established companies within our industry, including AWS, Databricks, Google Cloud, Microsoft Azure, Snowflake, and others, many of which are well-capitalized companies with widespread distribution, brand recognition and a strong presence in the markets we serve.” · word for word
Cloud Migration Margin Dilution
“The decrease in gross profit as a percentage of revenue was primarily driven by a higher mix of Public Cloud revenue, offset in part by improving Public Cloud gross profit rates year-over-year.”
Foreign Exchange Exposure
“Foreign currency exchange rates and foreign currency controls have affected our revenue and net earnings and could continue to impact our revenue and net earnings.” · word for word
23 Feb 20268-K · 8.01Disclosed a material event under other events (litigation, recall, contract loss, or major announcement)open
Risks flagged
No new operational risks identified; settlement resolves litigation.
“Litigation resolved with mutual releases.”
11 Feb 20268-K · 1.01Cooperation agreement with Lynrock Lake Partners; no material financial or operational impact disclosed.open
Risks flagged
Activist involvement may lead to strategic shifts, management changes, or restructuring.
“Cooperation agreement with Lynrock Lake; board appointment of Cynthia Paul”
10 Feb 20268-K · 2.02Total Annual Recurring Revenue $1.52B (+3% y/y); Public cloud ARR $701M (+15% y/y); Recurring revenue $367M (+5% y/y); Guidance: Total ARR growth 2-4% YoY; FCF $310-330M; Non-GAAP EPS $2.55-2.65earningsopen
Figures in the filing · each found in the filing text
| Total Annual Recurring Revenue · Consolidated · Q4-2025 | $1.52B | +3% y/y |
| Public cloud ARR · Public cloud · Q4-2025 | $701M | +15% y/y |
| Recurring revenue · Consolidated · Q4-2025 | $367M | +5% y/y |
| Total revenue · Consolidated · Q4-2025 | $421M | +3% y/y |
| GAAP diluted EPS · Consolidated · Q4-2025 | $0.38 | +46% y/y |
| Non-GAAP diluted EPS · Consolidated · Q4-2025 | $0.74 | +40% y/y |
| Free cash flow · Consolidated · FY2025 | $285M | +3% y/y |
| Cash flow from operations · Consolidated · FY2025 | $305M | +1% y/y |
| Share repurchases · Consolidated · FY2025 | $140M | |
| Non-GAAP gross margin · Consolidated · Q4-2025 | 62.0% |
Guidance
Total ARR growth 2-4% YoY; FCF $310-330M; Non-GAAP EPS $2.55-2.65
FY2026 guidance implies continued ARR growth, margin expansion, and FCF improvement
Risks flagged
Total revenue expected to decline 0-2% in FY2026
“FY2026 total revenue guidance -2% to flat year-over-year”
18 Nov 20258-K · 8.01Repurchase authorization $500Mopen
Figures in the filing · each found in the filing text
| repurchase authorization · FY2026 | $500M |
5 Nov 202510-QTeradata reported Q3 2025 revenue of $416M, down 5% YoY, but net income rose to $40M from $32M; Public Cloud ARR grew 11%.earningsopen
Figures in the filing · each found in the filing text
| Total Annual Recurring Revenue · 2025-09-30 | $1.49B | +1% y/y |
| Public Cloud ARR · 2025-09-30 | $633M | +11% y/y |
| Cloud Net Expansion Rate · Q3-2025 | 109.0% | |
| Total revenue · Q3-2025 | $416M | -6% y/y |
| Recurring revenue · Q3-2025 | $366M | -2% y/y |
| Gross margin · Q3-2025 | 60.8% | |
| Operating income · Q3-2025 | $61M | +9% y/y |
| Net income · Q3-2025 | $40M | +25% y/y |
| Free cash flow · 9M-2025 | $134M | +4% y/y |
Guidance
Full-year effective tax rate estimated at approximately 27%
No explicit revenue guidance provided; management expects continued cloud migration and expansion to drive Public Cloud ARR growth.
Risks flagged
Cloud migration cannibalizing on-premises revenue
“The decreases in subscription ARR and maintenance and software upgrade rights ARR were primarily driven by customer migrations to Public Cloud ARR and on-premises erosions.” · word for word
Slowing cloud expansion rate
“Cloud Net Expansion Rate for the third quarter of 2025 was 109%, compared to 120% for the third quarter of 2024.” · word for word
Macroeconomic uncertainty delaying spending
“Uncertain industry macro-economic environment resulting in delayed customer spending, including for our consulting services.” · word for word
4 Nov 20258-K · 2.02Total ARR $1.49B (+1% y/y); Public Cloud ARR $633M (+11% y/y); Recurring Revenue $366M (-2% y/y); Guidance: Full-year GAAP EPS guidance lowered to $1.22-$1.26; non-GAAP EPS to $2.38-$2.42earningsopen
Figures in the filing · each found in the filing text
| Total ARR · Q3-2025 | $1.49B | +1% y/y |
| Public Cloud ARR · Q3-2025 | $633M | +11% y/y |
| Recurring Revenue · Q3-2025 | $366M | -2% y/y |
| Total Revenue · Q3-2025 | $416M | -5% y/y |
| GAAP Diluted EPS · Q3-2025 | $0.42 | +27% y/y |
| Non-GAAP Diluted EPS · Q3-2025 | $0.72 | +4% y/y |
| Free Cash Flow · Q3-2025 | $88M | +28% y/y |
Guidance
Full-year GAAP EPS guidance lowered to $1.22-$1.26; non-GAAP EPS to $2.38-$2.42
Full-year EPS guidance lowered due to revenue decline, but ARR and FCF guidance reaffirmed; cloud ARR growth remains a bright spot.
Risks flagged
Recurring revenue declining 2% YoY indicates potential customer churn or downsell.
“Recurring revenue was $366 million versus $372 million, a decrease of 2% as reported” · word for word
Total ARR growth slowing to 1% suggests limited top-line momentum despite cloud migration.
“Total ARR of $1.490 billion, an increase of 1% as reported” · word for word
Teradata Corporation — questions
- What did Teradata Corporation file recently?
- 22 SEC filings in the last 12 months. Latest: 8-K on 2026-08-17 — Entry into standard indemnification agreements for directors and officers; routine governance matter, no material financial impact.
Every figure on this page comes from Teradata Corporation's own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.