Filing Flows › Teradata (TDC) › Q1 2026
Teradata (TDC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Teradata (TDC) reported revenue of $444M for the first quarter 2026 (Q1 2026), +6% from a year earlier and +5% from the quarter before. Operating margin was -8.1%, net earnings $335M (75.5% of revenue).
Teradata, Q1 2026: revenue $444M (+6% year over year), operating margin -8.1%, net earnings $335M, operating cash flow $401M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $444M | +5% | +6% |
| Operating profit | −$36.0M | -167% | -155% |
| Net earnings | $335M | +805% | +661% |
| Operating cash flow | $401M | +151% | 50× |
| Free cash flow | $391M | +159% | 56× |
What changed
Revenue was $444.0M in Q1 2026, up 6% year over year and up 5% from the previous quarter. Services and other was the largest line at 68% of revenue. Services and other added $26.0M year over year (up 9%), 100% of the total change. Perpetual software licenses, hardware and other declined 90%.
Gross margin was 62.2%, up 2.8 points from Q1 2025. Operating costs exceeded revenue by $36.0M, an operating margin of -8.1%. Operating expenses grew 71% against revenue growth of 6%. The fastest-growing cost line was SG&A (+107%). Net earnings were $335.0M, up 661% year over year. The effective tax rate was 23.3%. Non-operating items added $473.0M, 108% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $401.0M (up 4912% year over year), 120% of net earnings. Non-cash charges added back $25.0M of depreciation and amortization and $29.0M of share-based compensation. Capital expenditures of $10.0M left free cash flow of $391.0M.
Questions
What was Teradata's revenue in the first quarter 2026?
Teradata (TDC) reported revenue of $444M for the first quarter 2026 (Q1 2026), +6% from a year earlier and +5% from the quarter before.
Was Teradata profitable in the first quarter 2026?
Operating loss was $36.0M (-8.1% of revenue) and net earnings $335M.
Source: Teradata 10-Q on SEC EDGAR.