Key Highlights

  • The stock was down 6.51 percent to USD 32.02 in pre-market trading on November 2, 2026.
  • The company set its third quarter 2026 Earnings release for November 5, 2026.
  • Second quarter total ARR was USD 1.509 billion, up 1 percent as reported.
  • Public cloud ARR was USD 686 million, up 8 percent as reported.
  • Second quarter free Cash Flow was USD 105 million versus USD 39 million a year earlier.

What is moving the shares before the opening bell

Teradata (NYSE:TDC) was down 6.51 percent at USD 32.02 in pre-market trading on November 2, 2026. No company announcement dated between late October and November 2, 2026 explaining the decline was identified.

The move comes days before the quarterly report, and pre-earnings positioning is a plausible but unconfirmed factor. The company has said it expects third quarter Revenue to decline, which may keep attention on the print.

Earnings date and guidance

The company announced in a press release dated October 15, 2026 that it will release third quarter 2026 results on November 5, 2026. In its August 4, 2026 release, it guided third quarter Recurring Revenue down 4 percent to 2 percent and total revenue down 6 percent to 4 percent year over year. Non-GAAP Earnings Per Share were guided to USD 0.55 to USD 0.59.

For the full year 2026, the company raised its GAAP EPS outlook to USD 4.43 to USD 4.51 and non-GAAP EPS to USD 2.65 to USD 2.73. It reaffirmed total ARR growth of 2 percent to 4 percent.

Business and second quarter results

Teradata provides a cloud analytics and data platform used by large enterprises to manage and analyze data across public clouds and on premises.

In the second quarter ended June 30, 2026, total revenue was USD 410 million versus USD 408 million a year earlier. Recurring revenue was USD 363 million, up 3 percent as reported and 89 percent of revenue. Non-GAAP Operating Margin rose to 21.5 percent from 16.4 percent, and non-GAAP diluted EPS was USD 0.69 versus USD 0.47.

Cash flow, Buybacks and risks

Operating cash flow was USD 106 million and free cash flow was USD 105 million, compared with USD 43 million and USD 39 million a year earlier. The company repurchased USD 40 million of stock in the quarter and USD 74 million in the first half.

Full-year Operating Cash Flow guidance of USD 665 million to USD 685 million includes a USD 315 million after-tax benefit from a legal settlement, so adjusted free cash flow guidance of USD 330 million to USD 350 million is the cleaner measure. Total ARR growth of only 1 percent shows how dependent results are on the shift to public cloud.

What to watch next

On November 5, 2026, investors will compare actual results with the guided decline in revenue and watch total ARR growth against the 2 percent to 4 percent full-year target. Public cloud ARR growth, margins, cash flow and buyback pace are the other markers. Any change to the full-year outlook would be notable.