Filing Flows › Teradata (TDC) › Q3 2026 › vs Q3 2025
Teradata (TDC) Q3 2026 vs Q3 2025 (year over year)
Teradata's revenue fell $17.0M (-4%) from $416M in Q3 2025 to $399M in Q3 2026. The biggest changes: Consulting services −$10.0M (-21%); Total recurring −$7.0M (-2%); Perpetual software licenses, hardware and other +$0 (0%). Gross margin 59.6% against 60.8% (-1.2 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 59.6% | 60.8% | -1.2 pts |
| Operating margin | 13.5% | 14.7% | -1.1 pts |
| Net margin | 9.5% | 9.6% | -0.1 pts |
| Free cash flow margin | 21.6% | 21.4% | +0.2 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Services and other | $304M | $306M | −$2.0M | -0.7% |
| Subscription software licenses | $55.0M | $60.0M | −$5.0M | -8% |
| Total recurring | $359M | $366M | −$7.0M | -2% |
| Consulting services | $37.0M | $47.0M | −$10.0M | -21% |
| Perpetual software licenses, hardware and other | $3.0M | $3.0M | $0 | 0% |
| Revenue | $399M | $416M | −$17.0M | -4% |
| Gross profit | $238M | $253M | −$15.0M | -6% |
| Cost of revenue | $161M | $163M | −$2.0M | -1% |
| Operating profit | $54.0M | $61.0M | −$7.0M | -11% |
| Operating expenses | $184M | $192M | −$8.0M | -4% |
| Pre-tax earnings | $50.0M | $54.0M | −$4.0M | -7% |
| Other expense, net | $4.0M | $7.0M | −$3.0M | -43% |
| Research & development | $75.0M | $70.0M | $5.0M | +7% |
| SG&A | $109M | $122M | −$13.0M | -11% |
| Net earnings | $38.0M | $40.0M | −$2.0M | -5% |
| Income tax | $12.0M | $14.0M | −$2.0M | -14% |
| Depreciation & amortization | $25.0M | $24.0M | $1.0M | +4% |
| Share-based compensation | $33.0M | $29.0M | $4.0M | +14% |
| Working capital & other | $5.0M | −$1.0M | $6.0M | — |
| Operating cash flow | $91.0M | $94.0M | −$3.0M | -3% |
| Free cash flow (OCF − capex) | $86.0M | $89.0M | −$3.0M | -3% |
| Capital expenditures | $5.0M | $5.0M | $0 | 0% |
Questions
How much did Teradata's revenue grow year over year in Q3 2026?
Teradata's revenue fell $17.0M (-4%) from $416M in Q3 2025 to $399M in Q3 2026.
What drove Teradata's revenue change in Q3 2026?
Consulting services −$10.0M (-21%); Total recurring −$7.0M (-2%); Perpetual software licenses, hardware and other +$0 (0%).