Revenue has been flat, with 2026Q2 growth of only 0.5% YoY, while gross margin remained stable at 59.3%, but operating income swung from a -$36M loss in 2026Q1 to a $48M profit in 2026Q2, indicating volatility.
Teradata Corporation (TDC) annual income statement — 21-year revenue, gross profit & net income history
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 |
|---|
| Sales/Revenue | 1.69B | 1.66B | 1.75B | 1.83B | 1.79B | 1.92B | 1.84B | 1.9B | 2.16B | 2.16B | 2.32B | 2.53B | 2.73B | 2.69B | 2.67B | 2.36B | 1.94B | 1.71B | 1.76B | 1.7B | 1.55B | 1.47B |
| Revenue Growth % | 0.96% | -4.97% | -4.53% | 2.12% | -6.36% | 4.41% | -3.32% | -12.25% | 0.37% | -7.15% | -8.22% | -7.39% | 1.49% | 1.01% | 12.83% | 22% | 13.28% | -3.01% | 3.53% | 10.02% | 5.45% | - |
| Cost of Goods Sold | 661M | 670M | 692M | 718M | 714M | 731M | 817M | 944M | 1.14B | 1.13B | 1.13B | 1.25B | 1.25B | 1.22B | 1.17B | 1.29B | 848M | 771M | 813M | 786M | 718M | 672M |
| COGS % of Revenue | - | 40.29% | 39.54% | 39.17% | 39.78% | 38.13% | 44.5% | 49.71% | 52.59% | 52.6% | 48.84% | 49.57% | 45.86% | 45.28% | 44.05% | 54.74% | 43.8% | 45.11% | 46.14% | 46.18% | 46.41% | 45.81% |
| Gross Profit | 1.03B | 993M | 1.06B | 1.11B | 1.08B | 1.19B | 1.02B | 955M | 1.03B | 1.02B | 1.19B | 1.28B | 1.48B | 1.47B | 1.49B | 1.07B | 1.09B | 938M | 949M | 916M | 829M | 795M |
| Gross Margin % | 60.91% | 59.71% | 60.46% | 60.83% | 60.22% | 61.87% | 55.5% | 50.29% | 47.41% | 47.4% | 51.16% | 50.43% | 54.14% | 54.72% | 55.95% | 45.26% | 56.2% | 54.89% | 53.86% | 53.82% | 53.59% | 54.19% |
| Gross Profit Growth % | - | -6.14% | -5.11% | 3.15% | -8.85% | 16.39% | 6.7% | -6.92% | 0.39% | -13.97% | -6.9% | -13.73% | 0.41% | -1.21% | 39.48% | -1.75% | 15.99% | -1.16% | 3.6% | 10.49% | 4.28% | - |
| Operating Expenses | 901M | 788M | 849M | 929M | 963M | 955M | 1B | 949M | 983M | 958M | 876M | 994M | 976M | 941M | 911M | 837M | 673M | 600M | 616M | 596M | 527M | 511M |
| OpEx % of Revenue | - | 47.38% | 48.51% | 50.68% | 53.65% | 49.82% | 54.63% | 49.97% | 45.43% | 44.43% | 37.73% | 39.29% | 35.72% | 34.96% | 34.18% | 35.44% | 34.76% | 35.11% | 34.96% | 35.02% | 34.07% | 34.83% |
| Selling, General & Admin | 611M | 481M | 565M | 635M | 650M | 646M | 669M | 621M | 666M | 652M | 664M | 766M | 770M | 757M | 728M | 663M | 526M | 483M | 508M | 470M | 410M | 391M |
| SG&A % of Revenue | - | 28.92% | 32.29% | 34.64% | 36.21% | 33.7% | 36.44% | 32.7% | 30.78% | 30.24% | 28.6% | 30.28% | 28.18% | 28.12% | 27.32% | 28.07% | 27.17% | 28.26% | 28.83% | 27.61% | 26.5% | 26.65% |
| Research & Development | 290M | 280M | 284M | 294M | 313M | 309M | 334M | 328M | 317M | 306M | 212M | 228M | 206M | 184M | 183M | 174M | 147M | 117M | 108M | 126M | 117M | 120M |
| R&D % of Revenue | - | 16.84% | 16.23% | 16.04% | 17.44% | 16.12% | 18.19% | 17.27% | 14.65% | 14.19% | 9.13% | 9.01% | 7.54% | 6.84% | 6.87% | 7.37% | 7.59% | 6.85% | 6.13% | 7.4% | 7.56% | 8.18% |
| Other Operating Expenses | 0 | 27M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6M | 0 | 0 | -9M | 0 | -2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 129M | 205M | 209M | 186M | 118M | 231M | 16M | 6M | 43M | 64M | 232M | -92M | 503M | 532M | 580M | 456M | 415M | 338M | 333M | 320M | 302M | 284M |
| Operating Margin % | 7.63% | 12.33% | 11.94% | 10.15% | 6.57% | 12.05% | 0.87% | 0.32% | 1.99% | 2.97% | 9.99% | -3.64% | 18.41% | 19.76% | 21.76% | 19.31% | 21.44% | 19.78% | 18.9% | 18.8% | 19.52% | 19.36% |
| Operating Income Growth % | - | -1.91% | 12.37% | 57.63% | -48.92% | 1343.75% | 166.67% | -86.05% | -32.81% | -72.41% | 352.17% | -118.29% | -5.45% | -8.28% | 27.19% | 9.88% | 22.78% | 1.5% | 4.06% | 5.96% | 6.34% | - |
| EBITDA | 224M | 295M | 309M | 302M | 252M | 380M | 188M | 151M | 172M | 202M | 360M | 78M | 672M | 679M | 706M | 558M | 475M | 401M | 393M | 388M | 357M | 339M |
| EBITDA Margin % | 13.25% | 17.74% | 17.66% | 16.48% | 14.04% | 19.82% | 10.24% | 7.95% | 7.95% | 9.37% | 15.5% | 3.08% | 24.6% | 25.22% | 26.49% | 23.62% | 24.54% | 23.46% | 22.3% | 22.8% | 23.08% | 23.11% |
| EBITDA Growth % | -18.55% | -4.53% | 2.32% | 19.84% | -33.68% | 102.13% | 24.5% | -12.21% | -14.85% | -43.89% | 361.54% | -88.39% | -1.03% | -3.82% | 26.52% | 17.47% | 18.45% | 2.04% | 1.29% | 8.68% | 5.31% | - |
| D&A (Non-Cash Add-back) | 95M | 90M | 100M | 116M | 134M | 149M | 172M | 145M | 129M | 138M | 128M | 170M | 169M | 147M | 126M | 102M | 60M | 63M | 60M | 68M | 55M | 55M |
| EBIT | 610M | 178M | 193M | 147M | 91M | 218M | 3M | 13M | 49M | 73M | 233M | -135M | 497M | 512M | 580M | 456M | 415M | 338M | 333M | 320M | 302M | 284M |
| Net Interest Income | -11M | -17M | -18M | -5M | -9M | -20M | -23M | -14M | -8M | -4M | -6M | -4M | -3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 14M | 9M | 11M | 25M | 15M | 6M | 4M | 12M | 14M | 11M | 6M | 5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 25M | 26M | 29M | 30M | 24M | 26M | 27M | 26M | 22M | 15M | 12M | 9M | 3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 462M | -27M | -45M | -69M | -51M | -39M | -40M | -23M | -16M | -10M | -14M | 51M | -9M | -24M | -2M | 25M | -1M | -4M | 5M | 2M | 0 | 0 |
| Pretax Income | 591M | 178M | 164M | 117M | 67M | 192M | -24M | -17M | 27M | 58M | 221M | -41M | 494M | 508M | 578M | 481M | 414M | 334M | 338M | 322M | 302M | 284M |
| Pretax Margin % | 34.95% | 10.7% | 9.37% | 6.38% | 3.73% | 10.02% | -1.31% | -0.9% | 1.25% | 2.69% | 9.52% | -1.62% | 18.08% | 18.87% | 21.69% | 20.36% | 21.38% | 19.54% | 19.18% | 18.92% | 19.52% | 19.36% |
| Income Tax | 133M | 48M | 50M | 55M | 34M | 45M | -153M | 7M | -3M | 125M | 96M | 83M | 127M | 131M | 159M | 128M | 113M | 80M | 88M | 122M | 110M | 78M |
| Effective Tax Rate % | 22.5% | 26.97% | 30.49% | 47.01% | 50.75% | 23.44% | 637.5% | -41.18% | -11.11% | 215.52% | 43.44% | -202.44% | 25.71% | 25.79% | 27.51% | 26.61% | 27.29% | 23.95% | 26.04% | 37.89% | 36.42% | 27.46% |
| Net Income | 458M | 130M | 114M | 62M | 33M | 147M | 129M | -24M | 30M | -67M | 125M | -124M | 367M | 377M | 419M | 353M | 301M | 254M | 250M | 200M | 192M | 206M |
| Net Margin % | 27.08% | 7.82% | 6.51% | 3.38% | 1.84% | 7.67% | 7.03% | -1.26% | 1.39% | -3.11% | 5.38% | -4.9% | 13.43% | 14% | 15.72% | 14.95% | 15.55% | 14.86% | 14.19% | 11.75% | 12.41% | 14.04% |
| Net Income Growth % | 316.36% | 14.04% | 83.87% | 87.88% | -77.55% | 13.95% | 637.5% | -180% | 144.78% | -153.6% | 200.81% | -133.79% | -2.65% | -10.02% | 18.7% | 17.28% | 18.5% | 1.6% | 25% | 4.17% | -6.8% | - |
| Net Income (Continuing) | 458M | 130M | 114M | 62M | 33M | 147M | 129M | -20M | 30M | -67M | 125M | -214M | 367M | 377M | 419M | 353M | 301M | 254M | 250M | 200M | 192M | 206M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 4.76 | 1.35 | 1.16 | 0.61 | 0.31 | 1.30 | 1.16 | -0.21 | 0.25 | -0.53 | 0.95 | -0.89 | 2.33 | 2.27 | 2.44 | 2.05 | 1.77 | 1.46 | 1.39 | 1.10 | 1.06 | 1.14 |
| EPS Growth % | 320.35% | 16.38% | 90.16% | 96.77% | -76.15% | 12.07% | 652.38% | -184% | 147.17% | -155.79% | 206.74% | -138.2% | 2.64% | -6.97% | 19.02% | 15.82% | 21.23% | 5.04% | 26.36% | 3.77% | -7.02% | - |
| EPS (Basic) | - | 1.38 | 1.18 | 0.62 | 0.32 | 1.35 | 1.18 | -0.21 | 0.25 | -0.53 | 0.96 | -0.89 | 2.36 | 2.31 | 2.49 | 2.10 | 1.80 | 1.48 | 1.40 | 1.11 | 1.06 | 1.14 |
| Diluted Shares Outstanding | 96.2M | 96.6M | 98.2M | 102.4M | 105.8M | 112.9M | 111.6M | 114.2M | 121.2M | 125.8M | 131.5M | 139.6M | 157.8M | 166.4M | 171.7M | 171.9M | 170.4M | 173.9M | 179.8M | 181.3M | 180.7M | 180.7M |
| Basic Shares Outstanding | 93.9M | 94.4M | 96.4M | 99.8M | 103.2M | 108.6M | 109.3M | 114.2M | 119.2M | 125.8M | 129.7M | 139.6M | 155.3M | 163.4M | 168.2M | 168.1M | 167.4M | 171.9M | 178.1M | 180.8M | 180.7M | 180.7M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Quick answers to the most common questions about buying TDC stock.
For fiscal year 2025, Teradata Corporation (TDC) reported total revenue of $1.66B. This represents a 13.4% increase compared to $1.47B in 2005.
Teradata Corporation (TDC) is profitable, generating $130.0M in net income for the fiscal year ending 2025 with a net profit margin of 7.8%.
Teradata Corporation (TDC) reported an operating income of $205.0M, resulting in an operating profit margin of 12.3%. This margin reflects the operational efficiency of the business before interest and taxes.
Teradata Corporation (TDC) generated $993.0M in gross profit for the year, representing a gross profit margin of 59.7%. This demonstrates the company's core pricing power and production efficiency.
Key Metrics
Top Statement Risk
Revenue stagnation and SBC dilution
Metrics are mathematically derived from official filings.
Stalled Top-Line Momentum
Teradata's revenue has been essentially flat over the past ten quarters, with 2026Q2 growth of only 0.5% year-over-year, according to the latest income statement data, indicating a mature or contracting market.
Revenue has hovered around $410-$465 million per quarter, with negative growth in several periods (e.g., -10.5% in 2024Q4). The lack of acceleration suggests limited market share gains or pricing power. Investors should monitor whether new product cycles can reverse this stagnation.
Gross Margin Resilience Amidst Fluctuations
Gross margin has remained relatively stable, ranging from 56.4% to 62.2% over the last ten quarters, with 2026Q2 at 59.3%, as per reported financials, indicating consistent cost management despite revenue headwinds.
The gross margin dipped to 56.4% in 2025Q2 but recovered to 60.8% by 2025Q4. This stability suggests that Teradata maintains pricing power or efficient cost structures, though it lags peers like MongoDB (71.7%) and Domo (75.0%). The gap may reflect a different product mix or competitive pressures.
Operating Leverage Volatility
Operating income swung from a loss of $36 million in 2026Q1 to a profit of $48 million in 2026Q2, as shown in the income statement, highlighting significant quarterly volatility in operating leverage.
The operating margin ranged from -8.1% to 15.8% over the period, with SG&A spiking to $240 million in 2026Q1, likely due to one-time charges. Excluding that quarter, operating margins have been relatively stable around 10-15%. This suggests that Teradata's cost structure is not scaling efficiently with revenue, and investors should watch for recurring SG&A inflation.
Earnings Distorted by One-Time Items
Net income in 2026Q1 surged to $335 million (EPS $3.47) despite an operating loss, per the income statement, indicating a significant non-operating gain that inflates reported profitability.
The 75.5% net margin in 2026Q1 is anomalous compared to the typical 2-10% range, suggesting a tax benefit or other one-time item. Excluding that quarter, net income has been modest, with EPS ranging from $0.09 to $0.48. Stock-based compensation is substantial, averaging around $30 million per quarter, which dilutes shareholders and reduces reported earnings quality.
SG&A Volatility Masks Underlying Discipline
SG&A expenses spiked to $240 million in 2026Q1, a 107% increase from the prior quarter, as per the income statement, while R&D remained relatively stable, indicating a one-time cost event rather than a trend.
Excluding the 2026Q1 anomaly, SG&A has ranged from $116 million to $137 million, showing some discipline. R&D has been consistently around $70 million, reflecting a steady investment in product development. The spike in SG&A warrants investigation, as it could indicate restructuring or litigation costs that may not recur.
Stagnation and Dilution Risks
Teradata's revenue growth has been negative or flat in most quarters, with 2026Q2 growth of only 0.5%, and stock-based compensation averaging $30 million per quarter, which could pressure margins and shareholder value.
The company's inability to grow revenue in a growing data analytics market suggests competitive losses or market saturation. High SBC relative to net income (e.g., $62 million SBC vs. $46 million net income in 2026Q2) indicates that reported earnings may overstate economic profitability. If revenue continues to stagnate, operating leverage could turn negative, and the stock may de-rate.