Teradata
TDC on NYSE. Teradata sells cloud-based data and analytics software to businesses. Market value $2.8bn.
Price checks use the past 12 months to June 2026. Quality checks use five annual reports, the latest for the year to December 2025.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
See Technology stocks that passed both tests
This is not advice. Check the numbers below.
For every $100 of what the whole company costs, it produced $26.72 of spare cash in the past 12 months. A savings account pays about $4.
You pay 19.1 years of operating profit for the business. The average large US company costs around 18.
Each dollar kept in the business earns 53 cents a year. Above 10 is good.
Quality score: 61 of 100. Price score: 86 of 100. Our list needs 70 on quality and 60 on price.
$29.62 a share, 46% above its 1-year low
Over the past year the price has ranged from $20.33 to $41.78.
Pays no dividend
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
Spare cash swings from quarter to quarter here: $736 million in the past 12 months, $286 million in the year to December 2025.
| Revenue | |||||
| Revenue | $1.9bn | $1.8bn | $1.8bn | $1.8bn | $1.7bn |
| Operating margin | |||||
| Operating margin | 12.1% | 6.6% | 10.1% | 11.9% | 12.3% |
| Debt to equity | |||||
| Debt to equity | 1.18 | 2.40 | 4.65 | 4.26 | 2.40 |
| Shares outstanding | |||||
| Shares outstanding | 0.10bn | 0.10bn | 0.10bn | 0.09bn | 0.09bn |
Health checks
- Free cash flow positive3 of 3 years
- Accounting looks honest (Beneish)Nothing unusual
- Financial strength (Piotroski)7 of 9
- Profit backed by cash (accruals)No
- Debt2.40× equity
- Revenue growth, five yearsShrinking, 2.0% a year
- Buying back its own sharesYes, 9% fewer since 2021
The quarter to June 2026
How the business did, compared with the same quarter a year earlier.
- Sales: $410 million last quarter, about the same as a year ago.
- Profit: $46 million, up 411% on a year ago.
- It keeps 8 cents of each $1 of sales as operating profit, down from 11 cents a year earlier.
- Spare cash over the past 12 months: $736 million, up from $264 million.
- About the same number of shares as a year ago.
- It has $323 million more cash than debt. A year ago debt was $205 million more than cash.
- Sales grew on a year ago in 3 of the last 4 quarters.
| Quarter to | Amount |
|---|---|
| September 2024 | $440m |
| December 2024 | $409m |
| March 2025 | $418m |
| June 2025 | $408m |
| September 2025 | $416m |
| December 2025 | $421m |
| March 2026 | $444m |
| June 2026 | $410m |
| Quarter to | Amount |
|---|---|
| September 2024 | $32m |
| December 2024 | $25m |
| March 2025 | $44m |
| June 2025 | $9m |
| September 2025 | $40m |
| December 2025 | $37m |
| March 2026 | $335m |
| June 2026 | $46m |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 27 February 2026
- Next quarterly (estimated, 10-Q)
- 4 November 2026
Who owns it
6 long-term investors we follow own it, up from 5 last quarter. 476 funds in all.
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| LSV Asset ManagementJosef Lakonishok | $157m | 0.3% | Added |
| Boston PartnersBoston Partners team | $106m | <0.1% | Cut |
| Gotham Asset ManagementJoel Greenblatt | $55m | 0.1% | Added |
| First Eagle Investment ManagementMatthew McLennan | $14m | <0.1% | New |
| Marathon Asset ManagementNeil Ostrer | $9m | 0.4% | Cut |
| Royce & AssociatesChuck Royce | $2m | <0.1% | Cut |
Largest holders overall
- BlackRock$568mAdded
- Vanguard Portfolio Management$342mAdded
- Lynrock Lake LP$220mCut
- AQR Capital Management$162mAdded
- LSV Asset Management$157mAdded
- Ameriprise Financial$157mAdded
- Vanguard Capital Management$142m
- Morgan Stanley$138mAdded
- State Street$137mAdded
- Geode Capital Management$118mAdded
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
6 investors own more than 5%; 1 of them is pushing for change.
- BlackRock, Inc.Passive investor16.0%+2.7 ptsSince 30 June 2026
- Vanguard Portfolio ManagementPassive investor10.6%+0.8 ptsSince 30 June 2026
- at least 6.6%−1.0 pts(filed with 2 related holders)Since 6 July 2026
- Vanguard Capital ManagementPassive investor5.1%Since 30 June 2026
- AQR Capital Management, LLCPassive investorat least 5.1%(filed with 1 related holder)Since 30 June 2026
- Ameriprise Financial, Inc.Passive investorat least 4.8%(filed with 1 related holder)Since 30 June 2025
- The Vanguard GroupPassive investorSold down below 5%Since 13 March 2026
| Holder | Stake | Since | |
|---|---|---|---|
BlackRock, Inc. Passive investor | 16.0%+2.7 pts | 30 June 2026 | |
Vanguard Portfolio Management Passive investor | 10.6%+0.8 pts | 30 June 2026 | |
at least 6.6%−1.0 pts (filed with 2 related holders) | 6 July 2026 | ||
Vanguard Capital Management Passive investor | 5.1% | 30 June 2026 | |
AQR Capital Management, LLC Passive investor | at least 5.1% (filed with 1 related holder) | 30 June 2026 | |
Ameriprise Financial, Inc. Passive investor | at least 4.8% (filed with 1 related holder) | 30 June 2025 | |
The Vanguard Group Passive investor | Sold down below 5% | 13 March 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
No insider bought shares on the open market in the last 12 months. 7 sold $8m, $4m of it under preset trading plans.
- Hutchinson Michael DChief Operating OfficerSoldunder a preset trading plan
- Date
- 15 September 2026
- Shares
- 48,077
- Price
- $30.00
- Value
- $1m
- MCMILLAN STEPHENPresident and CEO, DirectorSoldunder a preset trading plan
- Date
- 15 September 2026
- Shares
- 10,000
- Price
- $30.02
- Value
- $300,170
- CHOU TIMOTHY C KDirectorSoldunder a preset trading plan
- Date
- 8 June 2026
- Shares
- 5,657
- Price
- $33.72
- Value
- $190,754
- Petley Richard JChief Revenue OfficerSoldunder a preset trading plan
- Date
- 1 June 2026
- Shares
- 17,227
- Price
- $35.00
- Value
- $602,955
- McElhatton ToddDirectorSold
- Date
- 22 May 2026
- Shares
- 15,000
- Price
- $33.47
- Value
- $502,050
- Arora SumeetChief Product OfficerSoldunder a preset trading plan
- Date
- 19 May 2026
- Shares
- 15,000
- Price
- $33.00
- Value
- $495,000
- MCMILLAN STEPHENPresident and CEO, DirectorSold
- Date
- 12 May 2026
- Shares
- 20,000
- Price
- $31.71
- Value
- $634,200
- Arora SumeetChief Product OfficerSoldunder a preset trading plan
- Date
- 7 May 2026
- Shares
- 2,645
- Price
- $30.84
- Value
- $81,572
- Petley Richard JChief Revenue OfficerSoldunder a preset trading plan
- Date
- 7 May 2026
- Shares
- 34,317
- Price
- $30.84
- Value
- $1m
- MCMILLAN STEPHENPresident and CEO, DirectorSold
- Date
- 26 February 2026
- Shares
- 50,000
- Price
- $30.26
- Value
- $2m
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 15 September 2026 | Hutchinson Michael D Chief Operating Officer | Sold under a preset trading plan | 48,077 | $30.00 | $1m |
| 15 September 2026 | MCMILLAN STEPHEN President and CEO, Director | Sold under a preset trading plan | 10,000 | $30.02 | $300,170 |
| 8 June 2026 | CHOU TIMOTHY C K Director | Sold under a preset trading plan | 5,657 | $33.72 | $190,754 |
| 1 June 2026 | Petley Richard J Chief Revenue Officer | Sold under a preset trading plan | 17,227 | $35.00 | $602,955 |
| 22 May 2026 | McElhatton Todd Director | Sold | 15,000 | $33.47 | $502,050 |
| 19 May 2026 | Arora Sumeet Chief Product Officer | Sold under a preset trading plan | 15,000 | $33.00 | $495,000 |
| 12 May 2026 | MCMILLAN STEPHEN President and CEO, Director | Sold | 20,000 | $31.71 | $634,200 |
| 7 May 2026 | Arora Sumeet Chief Product Officer | Sold under a preset trading plan | 2,645 | $30.84 | $81,572 |
| 7 May 2026 | Petley Richard J Chief Revenue Officer | Sold under a preset trading plan | 34,317 | $30.84 | $1m |
| 26 February 2026 | MCMILLAN STEPHEN President and CEO, Director | Sold | 50,000 | $30.26 | $2m |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
What could go wrong
- It carries a lot of debt: 2.4× its equity.
- Sales have shrunk: 2.0% a year.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.