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Teradata Corp (TDC) stock

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NYSE: TDC NYSE Systems Software Next results ~November 5, 2026

B Fundamentals grade

Teradata Corp is a US-listed company in the systems software industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$67

Cash-flow model

Base case. Range ~$51–$87 across our lower- and higher-growth cases (-3%–7% a year).

Price vs value

Undervalued

The price is below our entire value range; our base value is 98% above it.

Price used: $33.61, November 2, 2026

Teradata Corp valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 8 selling0 purchases and 15 sales by directors and officers, last 12 monthsInsider trades
  • Funds272 adding, 175 cuttingOf 55 active managers that changed their stake, 26 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Teradata files

Where Teradata stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $1.69bn, up 1.0% on a year earlier, against a decline of 0.8% a quarter earlier. Free-cash-flow margin rose to 43.5% from 15.8% a year earlier. Operating margin narrowed to 7.5% from 11.0%. It passes 6 of our 7 financial-health checks. Our cash-flow model value is $65.77 a share, against a share price of $34.99.

Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 5, 2026 (estimated)

Teradata Corp's trailing-twelve-month revenue grew 1.0% year on year, with a free-cash-flow margin of 43.5%. Where it stands out: long-term debt as % of assets of 0.0% ranks 1 of 23 systems software companies we cover. Where it lags: revenue growth of 1.0% ranks 31 of 37 systems software companies we cover.

Our discounted-cash-flow model values the business at ~$67 per share in the base case (~$51–$87 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 178.8% while net income grew 316.4%: a 138pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Priced below our value. The share price of $33.61 is 98% below our value per share of $67.
  • Strong cash generation. 43.5% of revenue turned into free cash flow, against a median of 17.3% for systems software companies we cover.
  • Net cash. Cash exceeds long-term debt by $0.4bn.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Results due soon. Results are expected around 3 November; the share price can move sharply on the day.
  • Margins narrowing. Operating margin is down 3.5 points on a year ago.
  • Volatile shares. Over the past year the shares showed annualised volatility of 66% and a beta of 1.1 against the S&P 500.
  • Insiders selling. 8 insiders sold $10M of stock over the past 365 days and none bought (41% under pre-set trading plans).
  • Below peers: revenue growth. Revenue growth of 1.0% ranks 31 of 37 systems software companies we cover (median 16.9%).
  • Heavily shorted. 21.9% of the shares available to trade are sold short (8.9 days of average volume to cover).

Latest results: FY2026 Q2

Filed August 5, 2026
Earnings per share
$0.69 against an average estimate of $0.56: beat by 23.1%
Revenue
$410m, up 0.5% on a year earlier
Share reaction
-18.3% in the first session after the results on August 4, 2026, against +1.6% for the S&P 500
Next report
November 5, 2026; average EPS estimate $0.58

Teradata's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-1.9%
  • 1 week-3.6%
  • 1 month+11.5%
  • This year+10.4%
  • 1 year+61.2%
  • 5 years-40.5%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.7B
Operating margin
7.5%
Net margin
27.1%
EPS (TTM, diluted)
$4.75

Growth

Revenue growth
+1.0%
Change in growth rate
+1.8 pts
Share count change
−0.7%

Cash

Free cash flow (TTM)
$736M
FCF margin
43.5%
Stock pay % of revenue
4.0%

Earnings

Last results
August 4, 2026
Next results (est.)
November 3, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Product
  2. Announcement
  3. Announcement
  4. Announcement
  5. Announcement
  6. Insider trade
  7. Announcement
  8. Agreement
  9. Results
  10. Announcement
  11. Leadership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Teradata Corp valuation models and calculator

What the price is pricing in

The share price implies cash flow shrinking about 11.5% a year for five years.That is slower than the -2.5% a year revenue growth Teradata has delivered.

Read with care: free cash flow has swung sharply in the past year (often a one-off tax, legal or working-capital item), so the cash-flow base behind this reading may be unusually low or high.

  • Priced in-11.5%
  • Last 12 months1.0%
  • 3 years a year-2.2%
  • 5 years a year-2.5%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($33.04, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Buy12-month view
12-month price target
~$67
Price used
$33.04close November 3, 2026
Implied change
▲ +101%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Teradata Corp's free cash flow after stock-based pay with after-tax interest added back ($362M, FY2026 Q2 TTM), growing -0.6% and 1.8% in the next two years (forecasts, guidance and its record), then back to 2% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$51–~$87 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Teradata Corp's free cash flow after stock-based pay ( $362M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Teradata Corp as an operating company, with every model that fits that kind of business. Cost of equity 10.1%: the 10-year Treasury yield (4.9%) plus a beta of 1.14 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$67 ~$51–$87 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$50 ~$36–$100 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: return on equity above 40%: buybacks or intangibles make book value too small an anchor
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$22 ~$20–$26 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$51 ~$22–$67 3 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Teradata Corp with Systems Software in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −25%
  • Revenue growth 5 points higher ▲ +32%
  • Free-cash-flow margin 1 point lower ▼ −2%
  • Last year's free-cash-flow margin change, if it persists ▲ more than doubles
  • Discount rate 1 point higher ▼ −14%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $60$80$107$142$188$247
8.5% $47$61$81$106$139$181
10% $39$50$65$84$109$141

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$26.42$27.17$38.46$38.36$26.77$22.47$42.47$33.66$43.51$31.15$30.44$33.61
Market value$3.7bn$3.6bn$4.8bn$4.6bn$3.1bn$2.5bn$4.8bn$3.6bn$4.5bn$3.1bn$2.9bn$3.2bn
+ Net debt (− = net cash)−$62m−$406m−$311m−$218m−$15m−$74m−$180m−$71m$13m$60m−$37m−$414m
Enterprise value$3.6bn$3.2bn$4.5bn$4.4bn$3.0bn$2.4bn$4.6bn$3.5bn$4.5bn$3.1bn$2.9bn$2.8bn
Multiples
Price / sales 1.5x1.5x2.2x2.1x1.6x1.4x2.5x2.0x2.4x1.7x1.8x1.9x
Price / earnings —28.6x—155.0x—19.4x32.6x107.9x71.9x26.8x22.6x7.1x
Price / free cash flow 10.6x9.1x19.7x22.0x32.5x11.2x11.0x8.8x12.5x11.0x10.3x4.4x
EV / EBITDA —8.7x22.0x25.6x19.0x12.9x12.1x13.9x14.8x10.1x9.8x12.7x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

68 /100

Moderate moat

How hard Teradata's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 20 / 20

    Cash operating profit has been a median 24.9% of total assets over 10 years.

  • Pricing power 16 / 20

    Gross margin has been a median 59.4%, moving by 5.5 percentage points (standard deviation) across 10 years.

  • Durability 2 / 20

    Operating margin has been a median 8.4%; its worst year was 0.4%.

  • Cash conversion 18 / 20

    Free cash flow was positive in 10 of 10 years, at a median 15.7% of revenue.

  • Discipline 17 / 20

    The diluted share count fell 14.7% over five years; stock-based pay has been a median 4.6% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (73 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 5, 2026, after the close. Analysts expect revenue of $396m and EPS of $0.58 (range $0.57 to $0.60) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $2.71 +5% $1.6bn −1%
Next $2.91 +8% $1.7bn +1%

Next year's EPS estimate has moved +1.5% in 90 days, across 8 analysts.

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.56 $0.69 +23.1%
Mar 2026 $0.77 $0.88 +14.2%
Dec 2025 $0.56 $0.74 +33.1%
Sept 2025 $0.54 $0.72 +34.3%

Adjusted EPS as companies report it, against the average analyst estimate.

How our valuation uses these forecasts

Our cash-flow model grows Teradata Corp's revenue by -0.6% next year and +1.8% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (-1.9%, weight 67%) and the company's own record (+2.0%, weight 33%) . How the weights are set.

Analyst recommendations

8 analysts, Oct 2026
Buy225%
Hold450%
Sell225%

Monthly trend

  1. Oct 202611428
  2. Sep 202611428
  3. Aug 202611428
  4. Jul 202621328

Counts of recommendations published by analysts covering Teradata Corp, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
21.9%
of tradable shares
Days to cover
8.86
at average volume
Short interest, 1 month
−8%
to September 30, 2026
Held by institutions
—
of shares
Held by insiders
1.0%
of shares
Employees
5,100
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months +61.2%

$20.85 on October 31, 2025 to $33.61

ThenNowEffect
Revenue (last 12 months) $1.7bn $1.7bn +1.0%
Net margin 6.6% 27.1% +312.4%
P/E multiple 18.4x 7.1x −61.6%
Share count 97m 96m +0.8%

Biggest factor: net margin.

Last 3 years −24.5%

$44.50 on November 3, 2023 to $33.61

ThenNowEffect
Revenue (last 12 months) $1.8bn $1.7bn −6.4%
Net margin 3.2% 27.1% +743.8%
P/E multiple 80.1x 7.1x −91.2%
Share count 104m 96m +8.3%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
TDC+89%−21%+29%−28%−2%+10%
Industry peers (median)+21%−48%+33%+23%+0%+26%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
TDC50%33%50%50%58%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
TDC−30%−43%−27%−50%−41%−35%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 67% from October 25, 2021 to April 7, 2025. Getting back needed a 207% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$20.71 – $37.88
From 52-week high
−11.3%
vs 50-day average
+11.6%
vs 200-day average
+12.3%
Volatility (1 year)
66%
Beta vs S&P 500
1.15

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±15.0%
After a week
6 up, 6 down
typical move ±13.3%
After a month
5 up, 7 down
typical move ±13.1%
Results releasedNext dayS&P 500 next day5 days21 days
August 4, 2026 −18.3% +1.6% −16.3% −11.9%
May 5, 2026 +3.3% +2.2% +8.3% +19.0%
February 10, 2026 +33.9% −0.3% +16.0% −5.4%
November 4, 2025 +27.2% −0.8% +29.9% +37.8%
August 5, 2025 +7.3% +0.3% +1.3% +0.8%
May 6, 2025 +1.1% −0.4% +6.6% +0.3%
February 11, 2025 −20.4% −0.2% −21.1% −29.0%
November 4, 2024 −14.3% +1.0% −10.4% −4.2%
August 5, 2024 −17.8% −2.0% −15.2% −8.3%
May 6, 2024 −12.1% +1.1% −8.3% −13.7%
February 12, 2024 −22.0% −1.4% −22.2% −22.3%
November 6, 2023 +2.5% +0.5% +4.5% +4.0%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Teradata Corp’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade B (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Teradata Corp in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Teradata Corp
$1.7B $1.7B $1.8B $1.8B $1.9B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $1.8B Revenue (TTM), FY23 Q4: $1.8B Revenue (TTM), FY24 Q1: $1.8B Revenue (TTM), FY24 Q2: $1.8B Revenue (TTM), FY24 Q3: $1.8B Revenue (TTM), FY24 Q4: $1.8B Revenue (TTM), FY25 Q1: $1.7B Revenue (TTM), FY25 Q2: $1.7B Revenue (TTM), FY25 Q3: $1.7B Revenue (TTM), FY25 Q4: $1.7B Revenue (TTM), FY26 Q1: $1.7B Revenue (TTM), FY26 Q2: $1.7B $1.7B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $1.8B
FY23 Q4 $1.8B
FY24 Q1 $1.8B
FY24 Q2 $1.8B
FY24 Q3 $1.8B
FY24 Q4 $1.8B
FY25 Q1 $1.7B
FY25 Q2 $1.7B
FY25 Q3 $1.7B
FY25 Q4 $1.7B
FY26 Q1 $1.7B
FY26 Q2 $1.7B
Revenue growth, TTM YoY Teradata Corp
-10% -5% 0% 5% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 0.6% Revenue growth, TTM YoY, FY23 Q4: 2.1% Revenue growth, TTM YoY, FY24 Q1: 2.6% Revenue growth, TTM YoY, FY24 Q2: -0.6% Revenue growth, TTM YoY, FY24 Q3: -1.6% Revenue growth, TTM YoY, FY24 Q4: -4.5% Revenue growth, TTM YoY, FY25 Q1: -6.5% Revenue growth, TTM YoY, FY25 Q2: -6.7% Revenue growth, TTM YoY, FY25 Q3: -8.2% Revenue growth, TTM YoY, FY25 Q4: -5.0% Revenue growth, TTM YoY, FY26 Q1: -0.8% Revenue growth, TTM YoY, FY26 Q2: 1.0% 1.0%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 0.6%
FY23 Q4 2.1%
FY24 Q1 2.6%
FY24 Q2 -0.6%
FY24 Q3 -1.6%
FY24 Q4 -4.5%
FY25 Q1 -6.5%
FY25 Q2 -6.7%
FY25 Q3 -8.2%
FY25 Q4 -5.0%
FY26 Q1 -0.8%
FY26 Q2 1.0%
Operating margin (TTM) Teradata Corp
6% 8% 10% 12% 14% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 8.2% Operating margin (TTM), FY23 Q4: 10.1% Operating margin (TTM), FY24 Q1: 8.5% Operating margin (TTM), FY24 Q2: 10.5% Operating margin (TTM), FY24 Q3: 12.1% Operating margin (TTM), FY24 Q4: 11.9% Operating margin (TTM), FY25 Q1: 13.3% Operating margin (TTM), FY25 Q2: 11.0% Operating margin (TTM), FY25 Q3: 11.5% Operating margin (TTM), FY25 Q4: 12.3% Operating margin (TTM), FY26 Q1: 6.1% Operating margin (TTM), FY26 Q2: 7.5% 7.5%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 8.2%
FY23 Q4 10.1%
FY24 Q1 8.5%
FY24 Q2 10.5%
FY24 Q3 12.1%
FY24 Q4 11.9%
FY25 Q1 13.3%
FY25 Q2 11.0%
FY25 Q3 11.5%
FY25 Q4 12.3%
FY26 Q1 6.1%
FY26 Q2 7.5%
FCF margin (TTM) Teradata Corp
0% 20% 40% 60% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 16.9% FCF margin (TTM), FY23 Q4: 19.4% FCF margin (TTM), FY24 Q1: 14.9% FCF margin (TTM), FY24 Q2: 14.8% FCF margin (TTM), FY24 Q3: 16.6% FCF margin (TTM), FY24 Q4: 15.9% FCF margin (TTM), FY25 Q1: 15.6% FCF margin (TTM), FY25 Q2: 15.8% FCF margin (TTM), FY25 Q3: 17.2% FCF margin (TTM), FY25 Q4: 17.2% FCF margin (TTM), FY26 Q1: 39.7% FCF margin (TTM), FY26 Q2: 43.5% 43.5%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 16.9%
FY23 Q4 19.4%
FY24 Q1 14.9%
FY24 Q2 14.8%
FY24 Q3 16.6%
FY24 Q4 15.9%
FY25 Q1 15.6%
FY25 Q2 15.8%
FY25 Q3 17.2%
FY25 Q4 17.2%
FY26 Q1 39.7%
FY26 Q2 43.5%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Teradata took in during FY2025, followed through to profit: what it cost to make, what went on research and running the business, and what was left after tax.

  1. Revenue $1.7B
  2. Cost of revenue $676M · 40.6%
  3. Gross profit $987M · 59.4%
  4. Research and development $280M · 16.8%
  5. Selling, general and admin $502M · 30.2%
  6. Operating income $205M · 12.3%
  7. Income tax $48M · 2.9%
  8. Interest and other $27M · 1.6%
  9. Net income $130M · 7.8%

Shares of revenue. Source: Teradata's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 1,709 1,936 2,362 2,665 2,692 2,732 2,530 2,322 2,156 2,164 1,899 1,836 1,917 1,795 1,833 1,750 1,663 1,691
Gross profit 938 1,088 1,293 1,491 1,473 1,479 1,276 1,189 1,024 1,026 955 1,019 1,186 1,081 1,115 1,058 987 1,028
EBITDA 401 475 558 706 679 672 −25 363 206 173 160 188 380 252 302 309 295 222
Operating income 338 415 456 580 532 503 −195 235 68 43 10 16 231 118 186 209 205 127
Net income 254 301 353 419 377 367 −214 125 −67 30 −20 129 147 33 62 114 130 458
Diluted EPS $1.46 $1.77 $2.05 $2.44 $2.27 $2.33 −$1.53 $0.95 −$0.53 $0.25 −$0.18 $1.16 $1.30 $0.31 $0.61 $1.16 $1.35 $4.75
Growth (year on year)
Revenue −3.0% +13.3% +22.0% +12.8% +1.0% +1.5% −7.4% −8.2% −7.1% +0.4% −12.2% −3.3% +4.4% −6.4% +2.1% −4.5% −5.0% +1.0%
EBITDA +2.0% +18.5% +17.5% +26.5% −3.8% −1.0% −103.7% — −43.3% −16.0% −7.5% +17.5% +102.1% −33.7% +19.8% +2.3% −4.5% −19.3%
Operating income +1.5% +22.8% +9.9% +27.2% −8.3% −5.5% −138.8% — −71.1% −36.8% — — — −48.9% +57.6% +12.4% −1.9% −31.4%
Net income +1.6% +18.5% +17.3% +18.7% −10.0% −2.7% −158.3% — −153.6% — — — +14.0% −77.6% — +83.9% +14.0% +316.4%
Diluted EPS +5.0% +21.2% +15.8% +19.0% −7.0% +2.6% −165.7% — −155.8% — — — +12.1% −76.2% — +90.2% +16.4% +319.5%
Margins
Gross margin 54.9% 56.2% 54.7% 55.9% 54.7% 54.1% 50.4% 51.2% 47.5% 47.4% 50.3% 55.5% 61.9% 60.2% 60.8% 60.5% 59.4% 60.8%
EBITDA margin 23.5% 24.5% 23.6% 26.5% 25.2% 24.6% −1.0% 15.6% 9.6% 8.0% 8.4% 10.2% 19.8% 14.0% 16.5% 17.7% 17.7% 13.1%
Operating margin 19.8% 21.4% 19.3% 21.8% 19.8% 18.4% −7.7% 10.1% 3.2% 2.0% 0.5% 0.9% 12.1% 6.6% 10.1% 11.9% 12.3% 7.5%
Net margin 14.9% 15.5% 14.9% 15.7% 14.0% 13.4% −8.5% 5.4% −3.1% 1.4% −1.1% 7.0% 7.7% 1.8% 3.4% 6.5% 7.8% 27.1%
Free-cash-flow margin 24.9% 19.6% 19.9% 19.1% 16.7% 22.9% 13.8% 16.9% 11.4% 9.8% 5.0% 12.1% 22.7% 22.6% 19.4% 15.9% 17.2% 43.5%
Cash flow
Cash from operations 455 413 513 575 510 680 401 446 324 364 148 267 463 419 375 303 305 761
Capital spending 29 34 42 67 60 54 52 53 78 153 54 44 28 14 19 24 19 25
Free cash flow 426 379 471 508 450 626 349 393 246 211 94 223 435 405 356 279 286 736
Stock-based pay 23 26 35 43 49 50 56 62 68 65 83 101 112 126 126 119 112 67
Free cash flow after stock pay 403 353 436 465 401 576 293 331 178 146 11 122 323 279 230 160 174 669
Balance sheet
Cash 661 883 772 729 695 834 839 974 1,089 715 494 529 592 569 486 420 493 414
Total debt 0 0 290 289 274 468 777 568 778 497 479 455 412 498 499 480 456 0
Net debt (negative = net cash) −661 −883 −482 −440 −421 −366 −62 −406 −311 −218 −15 −74 −180 −71 13 60 −37 −414
Diluted shares 174m 170m 172m 172m 166m 158m 140m 132m 126m 121m 114m 112m 113m 106m 102m 98m 97m 96m
Returned to shareholders
Buybacks 174 88 127 277 382 551 657 82 351 300 300 100 244 387 308 215 140 142
Total returned 174 88 127 277 382 551 657 82 351 300 300 100 244 387 308 215 140 142

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

6 of 7 checks passed · June 30, 2026
What it owns · $1.7bn
Short-term assets $773mLonger-term assets $885m
What it owes, and who funded it · $1.7bn
Short-term liabilities $845mLonger-term liabilities $220mShareholders' equity $593m
  • Short-term assets cover short-term liabilities $773m of assets due within a year against $845m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $773m short-term assets against $220m of longer-dated liabilities.
  • More cash than debt $414m of cash against $0 of debt.
  • Debt below 40% of shareholders' equity Debt is 0% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 70% to 0% over five years.
  • A year's operating cash flow covers at least 20% of debt No debt to cover.
  • Operating profit covers interest at least five times over Operating income of $127m against $25m of interest.

From Teradata Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$142M
Returned to shareholders
19%
of free cash flow
Buybacks, last 3 fiscal years
$663M
Diluted share count
−0.7%
year over year
Total shareholder yield
4.6%
dividends 0.0% + buybacks 4.6% of market value
R&D spending
17.1%
of revenue
Sales & admin spending
36.1%
of revenue
Days sales outstanding
55 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in systems software
Last 12 months unless stated TDC PICS RBRK CVLT SAIL PAYP Median
Revenue, last 12 months $1.7bn $1.8bn $1.5bn $1.3bn $1.2bn $2.5bn $1.1bn
Revenue growth, last 12 months 1.0% 77.3% 42.4% 14.3% 20.1% 28.8% 16.9%
Revenue growth, 3-year average −2.2% — — 16.2% — — 16.1%
Revenue growth, latest quarter 0.5% — 37.9% 13.1% 16.8% — 19.6%
Gross margin 60.8% — 80.2% 81.3% 66.2% — 69.6%
Operating margin 7.5% 0.4% −18.3% 7.4% −18.9% 21.0% 3.7%
Operating margin, 3-year average 9.7% — −66.7% 7.5% — — 4.0%
Net margin 27.1% −10.6% −16.5% 6.6% −16.9% 30.2% 2.4%
Cash from operations / revenue 45.0% −36.4% 21.9% 21.0% 17.2% 98.6% 16.6%
Free-cash-flow margin 43.5% −37.0% 19.7% 20.4% 16.7% 96.9% 15.0%
Free-cash-flow margin, 3-year average 24.7% — 10.3% 21.3% — — 18.8%
Stock pay / revenue 4.0% 2.0% 22.2% 10.6% 20.4% 0.5% 8.2%
Change in share count −0.7% >999% 6.5% −4.9% — 17.1% 2.7%

Median of all 37 companies we cover in systems software. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

37 systems software companies
Measure Company Peer median Rank
Revenue growth Growth 1.0% 16.9% 31 of 37
Change in growth rate Growth +1.8pp -0.3pp 14 of 37
Gross margin Profitability 60.8% 70.4% 21 of 32
Operating margin Profitability 7.5% 3.8% 14 of 34
Net margin Profitability 27.1% 2.4% 6 of 37
Free-cash-flow margin Cash generation 43.5% 17.3% 3 of 34
Stock pay as % of revenue Cash generation 4.0% 8.5% 14 of 36
Long-term debt as % of assets Balance sheet 0.0% 4.3% 1 of 23
Change in share count Balance sheet -0.7% 3.1% 13 of 34
Days sales outstanding Balance sheet 55 days 72 days 7 of 29

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Product and Service Recurring $1.4B 86.9% ▼ 2.3%
Services and Other Recurring $1.2B 81.1% ▼ 1.5%
Subscription Software License Recurring $273M 18.9% ▼ 5.5%
Consulting Services $201M 12.1% ▼ 19.0%
Software and Hardware Perpetual $17M 1.0% ▼ 26.1%
Geography
Region Revenue Share YoY
Outside the US $834M 50.2% ▼ 2.6%
United States $829M 49.8% ▼ 7.3%

From Teradata Corp's 10-K filed February 27, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$4.2B
Institutions reporting
471
Shares held vs prior quarter
▲ 12.3%
Positions opened / closed
112 / 56

Top buyers and sellers, Q2 2026: 272 institutions bought and 175 sold ; the biggest buyer was Blackrock, Inc (+3.8M shares) and the biggest seller Lynrock Lake LP (−3.0M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $568M 16.4M 13.4% ▲ 30.6%
Vanguard Portfolio Management LLC $342M 9.9M 8.1% ▲ 7.1%
Lynrock Lake LP $220M 6.3M 5.2% ▼ 32.1%
AQR Capital Management LLC $162M 4.8M 3.8% ▲ 102.9%
LSV Asset Management $157M 4.5M 3.7% ▲ 32.5%
Ameriprise Financial Inc $157M 4.5M 3.7% ▲ 8.7%
Vanguard Capital Management LLC $142M 4.1M 3.3% ▲ 1.9%
Morgan Stanley $138M 4.0M 3.3% ▲ 56.3%
State Street Corp $137M 4.0M 3.2% ▲ 18.8%
Geode Capital Management, LLC $118M 3.4M 2.8% ▲ 34.4%
Boston Partners $106M 3.1M 2.5% ▼ 4.4%
UBS Group AG $103M 3.0M 2.4% ▲ 112.8%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Teradata Corp's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $10.1M 15 trades by 8 insiders · 41% under pre-set plans
Net ▼ $10.1M net selling
Insider Date Trade Shares Price Value
Mcmillan Stephen President and CEO September 15, 2026 Sell pre-set plan 10,000 $30.02 $300,200
Hutchinson Michael D Chief Operating Officer September 15, 2026 Sell pre-set plan 48,077 $30.00 $1.4M
Chou Timothy C K Director June 8, 2026 Sell pre-set plan 5,657 $33.72 $190,754
Petley Richard J Chief Revenue Officer June 1, 2026 Sell pre-set plan 16,237 $35.00 $568,295
Petley Richard J Chief Revenue Officer June 1, 2026 Sell pre-set plan 990 $35.01 $34,660
Mcelhatton Todd Director May 22, 2026 Sell 15,000 $33.47 $502,050
Arora Sumeet Chief Product Officer May 19, 2026 Sell pre-set plan 15,000 $33.00 $495,000
Mcmillan Stephen President and CEO May 12, 2026 Sell 20,000 $31.71 $634,200
Petley Richard J Chief Revenue Officer May 7, 2026 Sell pre-set plan 34,317 $30.84 $1.1M
Arora Sumeet Chief Product Officer May 7, 2026 Sell pre-set plan 2,645 $30.84 $81,572
Mcmillan Stephen President and CEO February 26, 2026 Sell 50,000 $30.26 $1.5M
Gianoni Michael P Director February 24, 2026 Sell 25,000 $29.97 $749,250

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 6 trades and filings

No trades in Teradata Corp disclosed in the last 12 months; 6 earlier trades on record.

  • Pete Sessions(R-TX 17):Sale (full), $1,001 - $15,000, traded January 18, 2022, filed February 11, 2022
  • Tom Malinowski(D-NJ 7):Purchase, $50,001 - $100,000, traded April 26, 2021, filed June 12, 2021
  • Tom Malinowski(D-NJ 7):Purchase, $15,001 - $50,000, traded February 12, 2021, filed March 6, 2021

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 3, 2026 estimated from the company's past filing pattern, not announced

  • August 4, 2026
  • May 5, 2026
  • February 10, 2026
  • November 4, 2025
  • August 5, 2025
  • May 6, 2025

Recent SEC filings

Data status

When each part of this page on Teradata Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Teradata Corp in brief

What does Teradata Corp do?
Teradata Corp is a US-listed company in the systems software industry. Its financial year ends in December.
What is Teradata Corp's stock ticker?
Teradata Corp trades under the ticker TDC on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Teradata Corp's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Teradata Corp reported revenue of $1.7B, 1.0% higher than a year earlier, according to its SEC filings.
What is Teradata Corp's free cash flow?
Teradata Corp's free-cash-flow margin is 43.5% of revenue over the trailing twelve months, ranking 3 of the 34 systems software companies we cover.
What is Teradata Corp's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Teradata Corp's free cash flow after stock-based pay gives ~$67 per share in the base case, and ~$51–$87 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Teradata Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and Lynrock Lake LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Teradata Corp buying back stock, and does it pay a dividend?
Teradata Corp spent $142M on share repurchases over the trailing twelve months, and its diluted share count fell 0.7% over the year.
What is Teradata Corp's market cap?
On November 2, 2026, Teradata Corp's market capitalisation was about $3.2B, with a price-to-earnings ratio of 7.1 and net debt of -$414M. Market figures come from third-party market data and may be delayed.
How much debt does Teradata Corp have?
Teradata Corp's debt-to-equity ratio is 0.0%, from its latest balance sheet (70.4% five years earlier). The financial health section below sets out its other solvency checks.
Who are Teradata Corp's competitors?
In our Systems Software peer group, the companies closest to Teradata Corp are Pics N.V., Rubrik, Inc., Commvault Systems Inc, Sailpoint, Inc. and Paypay Corp. The side-by-side comparison below sets their revenue, margins and growth against Teradata Corp's.
Are insiders buying or selling Teradata Corp stock?
Over the last 12 months, Teradata Corp's directors and officers reported 0 open-market purchases and 15 sales on Form 4. The insider trading page charts every trade.
When is Teradata Corp's next earnings date?
Around November 5, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Teradata Corp announces its own schedule.