Quarterly ResultMay 5, 2026, 04:14 PM
Teradata Q1 GAAP EPS $3.47; Total ARR $1.49B; Raises FY26 Outlook
AI Summary
Teradata reported strong first-quarter 2026 financial results, with total ARR growing 3% to $1.492 billion and public cloud ARR increasing 13% to $686 million. The company's GAAP diluted EPS of $3.47 was significantly boosted by a $359 million pre-tax net settlement with SAP. Teradata also raised its full-year 2026 GAAP diluted EPS and cash flow from operations guidance, while reaffirming other key full-year metrics.
Key Highlights
- SAP settlement provided a pre-tax net benefit of $359 million, boosting Q1 GAAP diluted EPS by $2.90.
- Total Annual Recurring Revenue (ARR) increased 3% year-over-year to $1.492 billion.
- Public cloud ARR grew 13% year-over-year to $686 million.
- Recurring revenue increased 12% year-over-year to $400 million.
- GAAP diluted EPS was $3.47, while non-GAAP diluted EPS was $0.88.
- Cash flow from operations reached $401 million, including the SAP settlement benefit.
- Full-year 2026 GAAP diluted EPS guidance raised to a range of $4.22 to $4.32.
- Full-year 2026 Adjusted Free Cash Flow guidance set at $320 million to $340 million.