Earnings Releases·Nov 5, 2026, 4:08 PM ET

Teradata — Third Quarter 2026 Earnings Summary

**Financial Performance:** Q3 2026 total revenue declined 4% YoY to $399 million, with recurring revenue down 2% to $359 million (90% of total); GAAP diluted EPS was $0.40 and Non-GAAP diluted EPS was $0.70, both down from prior year periods.
**Guidance Updates:** Full-year 2026 GAAP EPS outlook increased to $4.63–$4.67 and Non-GAAP EPS to $2.86–$2.90, while total revenue and recurring revenue guidance narrowed to the high-end of previous ranges; Q4 2026 revenue is expected to decline 4–6% YoY.
**Strategic & Capital Actions:** Released new AI and GPU products including Teradata Factory and Tera Context Engine; executed $57 million in stock repurchases and repaid $456 million of long-term borrowings over the nine months.
**Cash Flow & One-Time Items:** Full-year 2026 cash flow from operations guidance includes a $315 million after-tax benefit from a SAP settlement, which also contributed a $359 million non-cash benefit to nine-month GAAP net income.