What Teradata's latest 10-Q says: 7 signals
Teradata filed its latest 10-Q with the SEC on Aug 5, 2026. It discusses capex increase, debt refinancing and governance change.
Public (TDC)Software Development10,000+ employeesteradata.comLinkedIn
- Filed
- Aug 5, 2026
- Filings
- 2
- Signals
- 15
10-Q · latest 10
What Teradata's 10-Q filings say
- SEC EDGAR
10-Q
Filed · 7 signals
Free cash flow hits $495M after securing $480M deal, signaling major budget availability
Teradata's free cash flow surged to $495M in the first half of 2026, a tenfold increase year-over-year, driven by a significant one-time settlement.
$495M
Free cash flow for six months ended June 30, 2026
SAPBank of America, N.A.
Teradata received $480M cash settlement from competitor SAP in H1 2026
The company received $337 million in net proceeds after expenses from a major legal settlement with SAP, significantly boosting its cash position and providing substantial capital for investments, debt repayment, and share repurchases.
$480M
Total cash received from SAP Settlement Agreement before expenses.
SAP
Company repaid $450M term loan and secured new $400M credit facility in June 2026
Teradata fully repaid its $450 million term loan and entered a new five-year, $400 million unsecured revolving credit facility, strengthening its balance sheet and increasing financial flexibility for future operations and investments.
$450M
Term loan repaid in full.
Bank of America, N.A.
CEO Stephen McMillan and COO Michael Hutchinson adopted Rule 10b5-1 trading plans in May 2026
CEO Stephen McMillan and COO Michael Hutchinson adopted pre-arranged stock trading plans to sell up to 80,000 and 64,102 shares, respectively.
Teradata spent $21M on severance in H1 2026 amid ongoing restructuring.
The company is executing a restructuring plan, resulting in $21 million of severance payments in the first half of 2026, nearly double the prior year.
$21M
cash used for severance payments in H1 2026
Teradata has $430M remaining under its $500M share repurchase program
The company is actively executing a $500 million share repurchase program, signaling strong cash flow and a significant available budget.
$430M
Remaining authority under the share repurchase program.
- SEC EDGAR
10-Q
Filed · 8 signals
Teradata received $480M cash settlement from SAP in Q1 2026, boosting budget.
The company received a net cash infusion of $359 million after expenses from its settlement with SAP, significantly boosting its cash position from $493M to $816M in the quarter.
$480M
Gross cash received from SAP Settlement Agreement
SAP
Teradata initiated a global restructuring, spending $11M on severance in Q1 2026.
Following a sales function realignment, the company is actively restructuring to optimize operations, incurring $11 million in severance costs this quarter, more than double the prior year.
$11M
Severance payments for restructuring in Q1 2026
Secured $480M cash windfall from SAP legal settlement, boosting cash to $816M
Teradata received a $480M cash payment ($359M net) after settling litigation with SAP, significantly boosting its cash position.
$480M
cash received from SAP Settlement Agreement
SAP SE
Resolved all litigation with competitor SAP, ending a multi-year dispute
Teradata entered a settlement agreement with SAP SE, resolving all pending litigation and receiving a significant payment.
$476M
pre-tax gain from SAP Settlement Agreement
SAP SE
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Teradata earnings headlines
From earnings call transcripts (Signal API type earnings-transcripts).
| Call date | What the company said |
|---|---|
| Pivoting business to focus on Agentic AI and autonomous platformsThe company is heavily investing in and reorienting its platform for Agentic AI, which is expected to increase workloads by 25x and compute by 50-100x. This creates a massive need for high-performance, scalable infrastructure and related AI/ML tools. | |
| Raised full-year EPS guidance and narrowed free cash flow to high endThe company raised its non-GAAP EPS guidance and tightened its free cash flow outlook to the upper end of the previous range, signaling strong financial performance and operational confidence. This financial health suggests they have the budget to fund strategic initiatives and investments. | |
| Competing on best price-performance and hybrid capabilities for AILeadership asserts their platform offers superior price-performance for complex AI workloads and that their hybrid cloud/on-prem flexibility is a key differentiator resonating with customers. This is their core value proposition against cloud-native competitors. | |
| Heavily investing in AI capabilities and prioritizing AI-fueled pipelineThe company is launching a full suite of AI products (AgentBuilder, Vector Store) and services, seeing a significant increase in its sales pipeline for AI projects, and is on track for over 150 AI customer engagements this year. This indicates a major strategic and budgetary focus on AI, creating opportunities for partners in the AI ecosystem. | |
| Executing cost savings and productivity measures to improve marginsThe company has taken significant cost efficiency actions, including rightsizing its services division, to improve margins and free cash flow. This cost-conscious mindset may lead them to evaluate vendor contracts for better ROI. | |
| Integrating GPUs directly into next-generation hardware platformThe company is developing its next technology platform release to have GPUs built directly into it, indicating a significant hardware and R&D investment to support high-performance AI workloads. This creates opportunities for GPU manufacturers and related hardware/software component suppliers. |
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Source. Quarterly reports (Form 10-Q) filed with the SEC. Every card links to the filing on EDGAR.
Method. Insights are extracted from the filing text and grouped by category. Numbers are quoted from the filing.
Data as of .