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Teradata 8-K Filings

TDC NYSE

Every 8-K that Teradata (TDC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow TDC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TDC filings page.

Rhea-AI Summary

Teradata Corporation entered into a new Indemnification Agreement with each of its directors and executive officers, effective upon approval by the Board of Directors on August 12, 2026. The agreement provides that Teradata will indemnify each covered individual and advance expenses to the fullest extent permitted under Delaware law.

The agreement also provides for each director and executive officer to be covered under the company’s directors’ and officers’ insurance policies. A form of the Indemnification Agreement is included as Exhibit 10.1, and the report was signed on behalf of Teradata on August 17, 2026 by SVP and Global Head of Law and Corporate Secretary, Irving Gomez.

Rhea-AI Summary

Teradata Corporation reported second quarter 2026 results with total revenue of $410 million, roughly flat year over year, while continuing to emphasize higher-margin recurring business. Recurring revenue rose to $363 million, 89% of total revenue, and Total ARR reached $1.509 billion, including $686 million of public cloud ARR.

Profitability and cash generation improved. GAAP operating margin increased to 11.7% and non-GAAP operating margin to 21.5%. GAAP diluted EPS was $0.48 and non-GAAP diluted EPS $0.69. Cash flow from operations was $106 million and adjusted free cash flow $127 million. For full-year 2026, Teradata raised GAAP EPS guidance to $4.43–$4.51 and non-GAAP EPS to $2.65–$2.73, and now expects cash from operations of $665–$685 million, including a $315 million after-tax SAP settlement benefit, and adjusted free cash flow of $330–$350 million, while reaffirming modest ARR and revenue growth ranges and guiding third-quarter 2026 revenue and recurring revenue to decline mid-single digits year over year.

Rhea-AI Summary

Teradata Corporation appointed Bernd Leukert to its Board of Directors as a Class II director, effective August 1, 2026, with a term expiring at the 2027 Annual Meeting of Stockholders. In connection with a Cooperation Agreement with Lynrock Lake-affiliated stockholders, the Board will expand from nine to ten directors and the number of Class II directors will increase from three to four.

Leukert will serve on the Board’s Nominating and Governance Committee and will receive compensation under the Teradata Director Compensation Program for non-employee directors. The Board determined he is independent under Teradata’s Corporate Governance Guidelines and New York Stock Exchange and SEC standards. Teradata highlights Leukert’s more than 30 years of experience in software, cloud, AI, data and financial services, including senior roles at Deutsche Bank and SAP and service on multiple global technology boards.

Rhea-AI Summary

Teradata Corporation entered into a new five-year unsecured revolving credit facility of up to $400 million with Bank of America and a syndicate of lenders. The facility includes a $50 million standby letter of credit sublimit and a $50 million swingline loan sublimit, and Teradata can request up to an additional $200 million in commitments.

Borrowings bear interest at a floating rate based on a base rate or a secured overnight financing rate, plus a margin that varies with Teradata’s leverage ratio. All amounts are due on June 24, 2031, with options to extend twice for one year each. The new agreement replaces a prior facility that included a $400 million revolver and a $500 million term loan; the outstanding term loan was repaid in full and the prior agreement was terminated.

Rhea-AI Summary

Teradata Corporation reported results from its May 14, 2026 annual stockholder meeting and changes to its equity plan. Stockholders approved the Teradata 2023 Stock Incentive Plan as Amended and Restated, which increases the number of shares available for awards under the plan by 6,300,000 shares.

Three Class I directors — Melissa B. Fisher, Stephen McMillan, and Kimberly K. Nelson — were elected to three-year terms expiring at the 2029 annual meeting. Stockholders also approved an advisory say-on-pay resolution on executive compensation and ratified PricewaterhouseCoopers LLP as the company’s independent registered public accounting firm for 2026.

A total of 88,232,188 shares of common stock were present in person or by proxy, representing about 93.33% of shares issued and outstanding and entitled to vote at the meeting.

Rhea-AI Summary

Teradata reported first quarter 2026 results and raised its 2026 GAAP EPS and cash flow outlook following a major SAP litigation settlement. Q1 total revenue was $444 million versus $418 million, up 6%, with recurring revenue of $400 million versus $358 million, up 12%.

Total annual recurring revenue reached $1.492 billion, up 3%, and public cloud ARR was $686 million, up 13%. GAAP diluted EPS surged to $3.47 from $0.45, largely driven by a $480 million SAP settlement that produced a $302 million after‑tax cash benefit. Non-GAAP diluted EPS was $0.88 versus $0.66.

Cash flow from operations was $401 million compared to $8 million, and free cash flow was $390 million versus $7 million, while adjusted free cash flow was $31 million. For full-year 2026, Teradata now guides GAAP diluted EPS to $4.22–$4.32, cash from operations of $642–$662 million, adjusted free cash flow of $320–$340 million, and reaffirms modest ARR and revenue ranges.

Rhea-AI Summary

Teradata Corporation is updating its board of directors following a cooperation agreement with investment entities associated with Lynrock Lake Partners and Cynthia Paul. The board will expand from nine to ten members, with Class I increasing from three to four directors effective March 1, 2026.

Melissa Fisher has been elected as a Class I director with a term running through the 2026 annual meeting of stockholders. She will join the Audit Committee and the Nominating and Governance Committee and has been designated an Audit Committee Financial Expert. The board determined she is independent under Teradata’s governance guidelines and stock exchange and SEC rules.

Fisher will receive compensation under Teradata’s standard non‑employee director program. In connection with the cooperation agreement, current Class I director Daniel Fishback will retire at the end of his term and will not stand for re‑election at the 2026 annual meeting. The company states his retirement is not due to any disagreement with its operations, policies, or practices.

Rhea-AI Summary

Teradata Corporation reached a comprehensive legal settlement with SAP that ends all past and pending litigation between the parties. Under the Settlement Agreement effective February 19, 2026, Teradata will receive a gross payment of $480 million within 60 days.

After contingent fees and other legal costs, Teradata estimates the net cash benefit will be approximately $355–$362 million before taxes. Once the payment is received, both sides will ask the court to dismiss all claims, defenses and counterclaims with prejudice. Teradata plans to discuss its intended use of the proceeds on its 2026 first quarter earnings call.

Rhea-AI Summary

Teradata Corporation entered into a Cooperation Agreement with Lynrock Lake entities and Cynthia Paul that reshapes its board and formalizes a temporary governance truce. Teradata will expand its board from nine to ten directors and expects to appoint Melissa Fisher as a Class I director by March 1, 2026, following completion of independence and onboarding reviews.

Fisher is to serve on the Nominating and Governance Committee and be nominated for election at the 2026 annual meeting. The board also plans to add another Class II director by August 1, 2026, while one current Class I and one current Class II director will not stand for re-election at the 2026 and 2027 meetings, respectively.

In return, Lynrock Lake agrees to vote its shares with the board’s recommendations, observe standstill and non‑disparagement provisions, and support the company’s 2026 director slate. Teradata will reimburse up to $100,000 of Lynrock Lake’s documented expenses. The company plans to file a detailed proxy statement for the 2026 annual meeting.

Rhea-AI Summary

Teradata Corporation reported mixed fourth quarter and full-year 2025 results, highlighting growing cloud momentum alongside softer overall revenue. In the fourth quarter, total revenue rose to $421 million from $409 million, driven by recurring revenue of $367 million versus $351 million. Public cloud annual recurring revenue increased to $701 million from $609 million, while total ARR reached $1.522 billion from $1.474 billion. Profitability improved, with GAAP diluted EPS of $0.38 versus $0.26 and non-GAAP diluted EPS of $0.74 versus $0.53, supported by higher GAAP and non-GAAP operating margins.

For full-year 2025, total revenue declined to $1.663 billion from $1.750 billion and recurring revenue edged down to $1.445 billion from $1.479 billion, even as cloud ARR grew 15% as reported. GAAP diluted EPS increased to $1.35 from $1.16 and non-GAAP diluted EPS rose to $2.58 from $2.42, reflecting stronger margins and cost discipline. Cash flow from operations was $305 million compared to $303 million, and free cash flow improved to $285 million from $277 million, with $140 million returned via share repurchases.

Looking to 2026, Teradata expects total ARR growth of 2% to 4%, recurring revenue from flat to 2% growth, and total revenue between a 2% decline and flat year-over-year. The company projects GAAP diluted EPS of $1.26 to $1.36 and non-GAAP diluted EPS of $2.55 to $2.65, alongside cash flow from operations of $330 million to $350 million and free cash flow of $310 million to $330 million. First-quarter 2026 guidance calls for recurring revenue growth of 6% to 8%, total revenue growth of 1% to 3%, and GAAP diluted EPS of $0.36 to $0.40 with non-GAAP diluted EPS of $0.75 to $0.79.

Rhea-AI Summary

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.

Rhea-AI Summary

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).