Teradata SEC Filings

Teradata Corporation (TDC) reported an insider equity transaction by its Chief Financial Officer, John Ederer. On 11/17/2025, 41,024 shares of Teradata common stock were disposed of at a price of $26.13 per share. The filing explains that these shares were withheld by the company to satisfy tax obligations upon the vesting of restricted share units, rather than sold on the open market. Following this tax withholding event, Ederer beneficially owns 267,195 shares of Teradata common stock directly.

Teradata Corporation reported that its board approved a new stock repurchase program authorizing the company to buy back up to $500 million of its common stock. The program will become effective on January 1, 2026, has no set end date, and can be modified, suspended, or terminated by the company.

Repurchases may occur from time to time in the open market, through privately negotiated transactions, or via Rule 10b5-1 trading plans, in line with securities laws. The existing repurchase program, which had $242.7 million of remaining authorization as of November 7, 2025, will expire on December 31, 2025 and be fully replaced by the new authorization. A separate dilution offset program for employee-related share purchases will continue unchanged.

Teradata Corporation (TDC) received an initial ownership report showing that investment entities affiliated with Lynrock Lake beneficially own 9,416,666 shares of Teradata common stock, held indirectly through Lynrock Lake Master Fund LP. This position represents more than 10% of Teradata’s outstanding common stock, driven by Teradata’s stock repurchase activity and the resulting decrease in shares outstanding disclosed in its Form 10-Q filed on November 5, 2025. Lynrock Lake LP, Lynrock Lake Partners LLC, and Cynthia Paul may be deemed beneficial owners of these shares but each disclaims ownership beyond their respective economic interest.

Teradata (TDC) reported Q3 2025 results in its 10‑Q. Total revenue was $416 million, down 5% year over year, as recurring revenue slipped 2%, perpetual/software & hardware fell to $3 million, and consulting services declined to $47 million. Gross margin edged up to 60.8%, and operating income rose to $61 million from $56 million.

Net income increased to $40 million with diluted EPS of $0.42. Total ARR was $1.490 billion (up 1%), while Public Cloud ARR reached $633 million (up 11%). Cloud Net Expansion Rate was 109% versus 120% a year ago. Cash from operations for the first nine months was $145 million; free cash flow was $134 million. Cash and cash equivalents were $406 million, and term loan principal outstanding was $463 million. The company repurchased $102 million of common stock year to date.

The court denied SAP’s petition for certiorari on October 6, 2025; trial in the TD‑SAP 1 matter is scheduled to begin March 30, 2026. In the Ostrander securities class action, the court granted a motion to dismiss with leave to amend; plaintiff did not amend and may appeal after final judgment. At October 24, 2025, approximately 93.2 million common shares were outstanding.

Teradata Corporation furnished an Item 2.02 report announcing its third‑quarter 2025 operating results and providing outlook estimates for the fourth quarter and full year 2025. The results and guidance are contained in a press release attached as Exhibit 99.1, which is incorporated by reference.

The company also posted supplemental materials dated November 4, 2025 on its investor relations website. The furnished information, including Exhibit 99.1, is not deemed filed for purposes of Section 18 of the Exchange Act. Exhibits include 99.1 (Earnings Press Release) and 104 (Cover Page Inline XBRL).

Teradata Corporation notice reports a proposed sale of 75,060 common shares through Fidelity Brokerage Services on the NYSE with an aggregate market value of approximately $1,580,457.43. The filing lists the seller's acquisition history: ten separate restricted stock vesting events between 02/13/2023 and 03/06/2025 totaling the units underlying the sale, with each grant identified as compensation. The filing states there were 94,500,000 shares outstanding and shows no securities sold by the seller in the past three months.

Teradata Corp is the subject of a Schedule 13G/A reporting filings by Ameriprise Financial, Inc. and Columbia Management Investment Advisers, LLC disclosing institutional, passive holdings below 5% of the outstanding common stock. Ameriprise reports an aggregate 4,560,927 shares (about 4.8% of the class) with 3,084,858 shares of shared voting power and 4,560,927 shares of shared dispositive power. Columbia Management reports an aggregate 4,494,686 shares (about 4.7%) with 3,031,346 shared voting power and 4,494,686 shared dispositive power.

The filing notes that Ameriprise, as parent of Columbia Management, may be deemed to beneficially own the shares reported by Columbia but that each disclaims beneficial ownership. The signatory certifies the holdings were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Teradata’s Q2-25 10-Q shows mixed progress. Total revenue fell 6% YoY to $408 m as on-prem subscription erosion and a 19% slump in Consulting offset double-digit cloud growth. Recurring revenue dropped 4% to $354 m, while gross margin narrowed 440 bp to 56.4%, pressured by a higher public-cloud mix and softer services profitability.

Operating income declined 64% to $24 m after $8 m of restructuring/severance and higher R&D investment. Net income slid to $9 m ($0.09 dil. EPS) from $37 m ($0.38) a year ago; effective tax rate was 30.8%.

Strategic cloud metrics remained solid. Public-Cloud ARR rose 17% YoY to $634 m and now represents 43% of Total ARR, which edged up 2% to $1.489 bn. Cloud Net Expansion Rate was 112% (vs. 123%). Cash from operations was $51 m (vs. $70 m); free cash flow was $46 m. Cash & equivalents stand at $369 m with no revolver draws; term-loan balance $469 m (4.17% blended rate).

Balance-sheet highlights: total assets $1.74 bn; leverage modest (net debt ~ $99 m). Deferred revenue grew to $533 m, underscoring backlog visibility. The 2024 restructuring program (target $20-25 m charges, $45-50 m cash outlay) booked an additional $7 m accrual in 1H-25 and $11 m cash payments YTD.

Guidance signals management expects elongated deal cycles and staged cloud migrations to continue; FY-25 effective tax rate estimated at 27.5% and FX impact now ±0.25 pp on revenue.