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Teradata Corp
XMUN:3T4

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Teradata Corp
XMUN:3T4
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Price: 22.99 EUR -10.44%
Market Cap: €2.3B

Teradata Corp
Investor Relations

Teradata makes software that helps large companies store, organize, and analyze huge amounts of data. Its core product is a data platform that lets businesses combine information from many systems, run analytics, and use that data to guide decisions. The company sells this software and related services mainly to big enterprises that need reliable, high-scale data management, especially in industries like finance, retail, telecom, and healthcare. Teradata earns money mostly through software subscriptions, cloud-based access, and support and consulting services. Customers pay to use its platform, get help moving data into it, and keep it running smoothly. That makes Teradata different from many pure software vendors: it sits closer to the center of a customer’s data stack, where it handles large, mission-critical workloads that are hard to replace quickly. The business matters because modern companies need one place to bring together data from many sources and turn it into useful reports and analytics. Teradata focuses on this enterprise data layer, competing with other database and analytics providers but with a long history in large-scale data warehousing. Its role is less about flashy apps and more about being the backbone that helps big organizations make sense of their information.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Aug 4, 2026
AI Summary
Q2 2026

Outlook raised: Teradata reaffirmed its full-year ARR, revenue, and recurring revenue outlook, but raised non-GAAP EPS to $2.65 to $2.73 and adjusted free cash flow to $330 million to $350 million.

Solid Q2: Q2 revenue was $410 million, flat year over year, but recurring revenue grew 3% and adjusted free cash flow reached $127 million.

Margin improvement: Operating margin expanded to 21.5% from 16.4% a year ago, helped by a better revenue mix and tighter cost control.

AI push: Management said its new Autonomous Knowledge Platform and Teradata Factory are resonating with customers, especially for regulated and sovereign deployments.

Guidance shape: Management said the first-half strength and the second-half decline in revenue guidance mainly reflect revenue timing under ASC 606, not a change in the full-year demand outlook.

Balance sheet: Teradata paid off the remaining $450 million term loan, ended Q2 with $323 million of net cash, and kept buybacks going.

Key Financials
Total ARR
up 1% as reported and 2% in constant currency
Cloud ARR
up 8% as reported and 9% in constant currency
Revenue
$410 million
Recurring revenue
$363 million
Consulting services revenue
$39 million
Gross margin
60.5%
Recurring revenue gross margin
67.8%
Operating margin
21.5%
Year-to-date operating margin
24.5%
Earnings per share
$0.69
Adjusted free cash flow
$127 million
Net cash position
$323 million
Share repurchases
approximately $40 million or about 1.3 million shares
Term loan balance
$450 million
Q3 tax rate
approximately 23%
Weighted average shares outstanding
96.7 million
FY '26 other expenses
approximately $19 million
Other Earnings Calls

Management

Mr. Stephen McMillan
President, CEO & Director
No Bio Available
Mr. Louis Landry
Chief Technology Officer
No Bio Available
Ms. Erica Hausheer
Chief Information Officer
No Bio Available
Mr. Chad Michael Bennett
Senior VP, Investor Relations & Corporate Development
No Bio Available
Ms. Jacqueline D. Woods
Chief Marketing Officer
No Bio Available
Ms. Kathleen R. Cullen-Cote
Chief People Officer
No Bio Available
Mr. Bob Joyce
Executive Vice President of Business Systems
No Bio Available
Mr. Michael D. Hutchinson
Chief Customer Officer
No Bio Available
Mr. Richard Petley
Chief Revenue Officer
No Bio Available
Laura Jividen
VP of Tax & Treasurer
No Bio Available

Contacts

Address
CALIFORNIA
San Diego
17095 Via Del Campo
Contacts
+18665488348.0
www.teradata.com
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