Filing Flows › Teradata (TDC) › Q3 2026 › vs Q2 2026
Teradata (TDC) Q3 2026 vs Q2 2026 (quarter over quarter)
Teradata's revenue fell $11.0M (-3%) from $410M in Q2 2026 to $399M in Q3 2026. The biggest changes: Perpetual software licenses, hardware and other −$5.0M (-62%); Total recurring −$4.0M (-1%); Consulting services −$2.0M (-5%). Gross margin 59.6% against 59.3% (+0.4 pts).
Teradata, Q3 2026: revenue $399M (-4% year over year), operating margin 13.5%, net earnings $38.0M, operating cash flow $91.0M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 59.6% | 59.3% | +0.4 pts |
| Operating margin | 13.5% | 11.7% | +1.8 pts |
| Net margin | 9.5% | 11.2% | -1.7 pts |
| Free cash flow margin | 21.6% | 25.6% | -4.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Services and other | $304M | $310M | −$6.0M | -2% |
| Subscription software licenses | $55.0M | $53.0M | $2.0M | +4% |
| Total recurring | $359M | $363M | −$4.0M | -1% |
| Consulting services | $37.0M | $39.0M | −$2.0M | -5% |
| Perpetual software licenses, hardware and other | $3.0M | $8.0M | −$5.0M | -62% |
| Revenue | $399M | $410M | −$11.0M | -3% |
| Gross profit | $238M | $243M | −$5.0M | -2% |
| Cost of revenue | $161M | $167M | −$6.0M | -4% |
| Operating profit | $54.0M | $48.0M | $6.0M | +12% |
| Operating expenses | $184M | $195M | −$11.0M | -6% |
| Pre-tax earnings | $50.0M | $47.0M | $3.0M | +6% |
| Other expense, net | $4.0M | $1.0M | $3.0M | +300% |
| Research & development | $75.0M | $75.0M | $0 | 0% |
| SG&A | $109M | $120M | −$11.0M | -9% |
| Net earnings | $38.0M | $46.0M | −$8.0M | -17% |
| Income tax | $12.0M | $1.0M | $11.0M | 12× |
| Depreciation & amortization | $25.0M | $23.0M | $2.0M | +9% |
| Share-based compensation | $33.0M | $33.0M | $0 | 0% |
| Working capital & other | $5.0M | −$4.0M | $9.0M | — |
| Operating cash flow | $91.0M | $106M | −$15.0M | -14% |
| Free cash flow (OCF − capex) | $86.0M | $105M | −$19.0M | -18% |
| Capital expenditures | $5.0M | $1.0M | $4.0M | +400% |
Questions
How much did Teradata's revenue grow quarter over quarter in Q3 2026?
Teradata's revenue fell $11.0M (-3%) from $410M in Q2 2026 to $399M in Q3 2026.
What drove Teradata's revenue change in Q3 2026?
Perpetual software licenses, hardware and other −$5.0M (-62%); Total recurring −$4.0M (-1%); Consulting services −$2.0M (-5%).