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.
AQR Capital Management, LLC and its parent AQR Capital Management Holdings, LLC report beneficial ownership of Teradata Corporation common stock. They disclose beneficial ownership of 4,785,857 Teradata shares, representing 5.09% of the outstanding common stock.
Both entities report no sole voting or dispositive power. They report shared voting power over 4,649,257 shares and shared dispositive power over 4,785,857 shares. AQR Capital Management, LLC is a wholly owned subsidiary of AQR Capital Management Holdings, LLC, and the filing is made jointly on behalf of both entities.
Teradata Corporation reported second‑quarter 2026 revenue of $410 million, up from $408 million, with recurring revenue of $363 million and a 24% decline in consulting services to $39 million. Gross margin improved to 59.3%, and operating income doubled to $48 million. Quarterly net income was $46 million, or $0.48 per diluted share.
For the first half of 2026, revenue reached $854 million and net income $381 million, driven by a $480 million cash SAP legal settlement and $121 million of related fees, recorded largely outside operating income. Other income rose to $472 million while operating income fell to $12 million from $90 million a year earlier. Total ARR was $1.509 billion, including Public Cloud ARR of $686 million, up 8% year over year.
Operating cash flow was $507 million and free cash flow $495 million, helped by roughly $359 million in net pre‑tax SAP settlement proceeds. Teradata repaid its remaining $450 million term loan, ending the quarter with no long‑term debt, $415 million in cash and a new undrawn $400 million revolving credit facility, while repurchasing about 2.5 million shares.
Leukert Bernd reported acquisition or exercise transactions in this Form 4 filing.
Teradata Corporation reported that director Bernd Leukert received an equity grant of 8,330 restricted share units representing common stock on 2026-08-01 under the Director Compensation Program. The units vest in four equal quarterly installments beginning three months after the grant, leaving him with 8,330 shares of common stock directly held after the transaction.
Teradata Corp (TDC) director Bernd Leukert reports his ownership of Teradata common stock. As of 2026-08-01, the report lists 0.0000 shares of common stock held directly, reflecting only a holdings entry with no reported purchase or sale activity.
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.
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.
Vanguard Capital Management reports a passive ownership stake in Teradata Corp common stock. Vanguard beneficially owns 4,818,462 shares, representing 5.12% of Teradata’s outstanding common stock as of the reporting date.
Vanguard has sole voting power over 724,319 shares and sole dispositive power over all 4,818,462 shares, with no shared voting or dispositive power. The position aggregates securities over which Vanguard Capital Management LLC and certain of its affiliates or business divisions exercise dispositive and/or voting power, primarily for Vanguard funds and other managed accounts.
BlackRock, Inc. filed an amended Schedule 13G reporting beneficial ownership of common stock of Teradata Corporation. BlackRock reported beneficial ownership of 15,077,980 shares, representing 16.0% of Teradata’s common stock.
BlackRock reported sole voting power over 14,920,372 shares and sole dispositive power over 15,077,980 shares, with no shared voting or dispositive power. The filing notes that one holder, iShares Core S&P Small-Cap ETF, has an interest exceeding five percent of Teradata’s outstanding common stock.
Lynrock Lake and related reporting persons filed Amendment No. 3 to their Schedule 13D on Teradata Corporation. They report beneficial ownership of 6,212,370 shares of Teradata common stock, representing 6.6% of the company’s outstanding shares, based on 94.1 million shares outstanding as of April 24, 2026.
The aggregate purchase price for these shares is approximately $138,013,131, funded from Lynrock Lake Master Fund LP’s working capital, which may include margin loans from brokerage firms. Voting and investment power over the Teradata position is held by Lynrock Lake Partners LLC as investment manager, with Chief Investment Officer Cynthia Paul potentially deemed to share such powers. Recent open-market transactions are listed in a new exhibit.