Teradata Reports Q3 2026 Results with Raised Full-Year EPS Guidance
Teradata (TDC) reported third-quarter fiscal 2026 results characterized by disciplined expense management and a strategic pivot toward Agentic AI. While total revenue saw a 4% year-over-year decline to $399 million, the company exceeded its non-GAAP diluted EPS guidance of $0.70, driven by lower operating expenses. Public Cloud Annual Recurring Revenue (ARR) showed strong momentum, growing 11% to reach $700 million. Reflecting improved operational efficiency and margin expansion, Teradata raised its full-year 2026 non-GAAP EPS guidance to a range of $2.86 to $2.90. The company is heavily investing in its Autonomous Knowledge Platform and AI implementation services, despite a decline in traditional consulting revenue as it transitions its business model toward advanced AI deployment.
Topics: ARR EPS beat Free Cash Flow Operating Margin Revenue guidance