Teradata posts Q3 2026 results, raises full‑year non‑GAAP EPS outlook
Teradata Corp. reported third‑quarter 2026 revenue of $399 million, a 4% decline year‑over‑year, and non‑GAAP earnings of $0.70 per share. Total annual recurring revenue grew 1% to $1.512 billion, while public‑cloud recurring revenue rose 11% to $700 million. The company lifted its full‑year 2026 non‑GAAP EPS guidance to a range of $2.86‑$2.90 and reaffirmed its total ARR growth target of 2%‑4% year‑over‑year.
Why it matters
The higher EPS forecast suggests stronger profitability than analysts expected, which could support a higher valuation for the stock. The raised guidance also signals that the company’s cloud‑focused initiatives are beginning to offset slower growth in traditional segments.
Key facts
- 1Q3 2026 revenue was $399 million, down 4% from $416 million a year earlier (as reported) (1). prnewswire.com
- 2Non‑GAAP diluted EPS for the quarter was $0.70, compared with $0.72 a year ago (2). sec.gov
- 3Total ARR increased to $1.512 billion from $1.490 billion, a 1% rise on a reported basis (1). prnewswire.com
- 4Public‑cloud ARR grew to $700 million from $633 million, an 11% increase on a reported basis (1). prnewswire.com
- 5Full‑year 2026 non‑GAAP EPS guidance was raised to $2.86‑$2.90 per share (2). sec.gov
- 6The company reaffirmed its total ARR growth target of 2%‑4% year‑over‑year for 2026 (2). sec.gov
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.