Quarterly ResultMay 6, 2026, 12:43 PM
Teradata Q1 Net Income Jumps to $335M on $480M SAP Legal Settlement
AI Summary
Teradata reported a significant increase in net income for the first quarter of 2026, reaching $335 million, primarily driven by a $480 million legal settlement with SAP. Total revenue also grew to $444 million, up from $418 million in the prior year. The company's diluted earnings per share rose to $3.47, compared to $0.45 in Q1 2025. Operating cash flow saw a substantial improvement, reaching $401 million for the quarter.
Key Highlights
- Received $480 million gross payment from SAP legal settlement.
- Net income increased to $335 million in Q1 2026 from $44 million in Q1 2025.
- Total revenue grew to $444 million in Q1 2026 from $418 million in Q1 2025.
- Diluted EPS rose to $3.47 in Q1 2026 from $0.45 in Q1 2025.
- Net cash provided by operating activities was $401 million, up from $8 million.
- Subscription software licenses revenue increased to $99 million from $83 million.
- Selling, general and administrative expenses included $121 million for SAP legal fees.
Price Impact
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