Slide 1: Q4'25 and 2025 Earnings Results
February 2026 Q4’25 and 2025 Earnings Results Teradata Investor Relations © 2026 Teradata. All rights reserved.
Slide 2: Forward-looking statements Non-GAAP Financial Measures
Forward-looking statements Non-GAAP Financial Measures This release contains forward-looking statements within business transformation program or restructuring, sales This presentation and the accompanying discussion the meaning of Section 21E of the Securities and and operational execution initiati
Slide 3: Teradata – at a glance
Teradata – at a glance Corporate purpose What we do How we do it Transforming knowledge into We turn enterprise data and We unify data, knowledge, and autonomous decisions that drive context into scalable, trusted business context, activating meaningful outcomes. autonomous intelligence that drives
Slide 4: Q4'25 and 2025 Financials
Q4’25 and 2025 Financials © 2026 Teradata. All rights reserved. 4
Slide 5: Teradata – by the numbers Q4'25
Teradata – by the numbers Q4’25 Total ARR Public Cloud ARR Recurring Revenue Total Revenue $1.522B $701M $367M $421M + 3% YoY + 15% YoY + 5% YoY + 3% YoY + 1% YoY in CC + 13% YoY in CC + 3% YoY in CC + 1% YoY in CC GAAP Diluted EPS Non-GAAP Diluted EPS Cash Flow from Operations Free Cash Flow $0.38
Slide 6: Teradata – by the numbers FY25
Teradata – by the numbers FY25 Total ARR Public Cloud ARR Recurring Revenue Total Revenue $1.522B $701M $1.445B $1.663B + 3% YoY + 15% YoY - 2% YoY - 5% YoY + 1% YoY in CC + 13% YoY in CC - 3% YoY in CC - 5% YoY in CC GAAP Diluted EPS Non-GAAP Diluted EPS Cash Flow from Operations Free Cash Flow $1.
Slide 7: ARR by product
ARR by product 1,474 1,489 1,490 1,522 1,442 99 92 86 99 95 $1.522B 766 741 756 765 735 + 3% YoY + 1% YoY in CC 634 633 701 609 606 46% Cloud ARR as a % of Total ARR Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Cloud Subscription Maint & SW Upgrade Rights Q4’24 Q1'25 Q2'25 Q3'25 Q4'25 Cloud ARR as a % 41% 42% 43%
Slide 8: Cloud ARR & TTM Net Expansion Rate
Cloud ARR & TTM Net Expansion Rate 701 700 690 $701M 680 670 660 650 640 634 633 + 15% YoY 630 + 13% YoY in CC 620 609 610 606 600 108% Cloud Net Expansion Rate 590 580 570 560 550 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Cloud ARR Notes: 1) Amounts in U.S. Dollars in Millions. Public cloud ARR is defined as t
Slide 9: Revenue by segment
Revenue by segment 409 418 408 416 421 $421M 55 50 51 47 53 + 3% YoY 354 368 357 369 368 + 1% CC 87% Product Revenue as a % of Total Revenue Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Product Consulting Q4’24 Q1'25 Q2'25 Q3'25 Q4'25 Product Revenue as a 87% 88% 88% 89% 87% % of Total Revenue Notes: The impact of
Slide 10: Gross Margin and Non-GAAP gross margin
Product Non-GAAP gross margin $275 75% Gross Margin ($M) 69% 69% 69% 68% 70% $250 67% 65% Total $225 60% $300 70% $200 55% Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 65% Gross Margin % of Revenue $200 62% 62% Gross Margin ($M) 61% 60% 58% Consulting 60% $100 $15 25% Gross Margin ($M) 55% 19% 20% $10 15% $0 50% 9
Slide 11: Non-GAAP operating expenses
Non-GAAP operating expenses SG&A R&D 150 70 20% 68 66 29% 30% 64 62 125 60 58 16% 56 26% 54 15% 52 100 25% 50 14% 14% 14% 24% 24% 48 46 44 42 75 40 38 36 117 101 107 101 104 34 60 60 64 60 61 32 50 20% 30 10% Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 SG&A Expense % of Revenue R&D E
Slide 12: Non-GAAP operating margin, Non-GAAP adjusted EBITDA & EPS
Non-GAAP operating margin, Non-GAAP adjusted EBITDA & EPS Non-GAAP Operating Margin $100 40% Earnings per Share 35% $75 24% 30% 22% 23% 25% $3.00 18% 2.58 $50 16% 20% $2.50 2.42 15% $25 10% Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 $2.00 Operating Income % of Revenue $1.50 1.35 1.16 Non-GAAP Adjusted EBITDA Mar
Slide 13: Free cash flow & capital allocation
Free cash flow & capital allocation 303 305 Q4'25 Capital Allocation FY25 Capital Allocation 277 285 Stock repurchase Stock repurchase 156 148 160 151 $38M $140M Approximately 1.5 million shares Approximately 5.8 million shares Return of Q4'25 FCF = 25% Return of FY25 FCF = 49% FY24 FY25 Q4'24 Q4'25
Slide 14: Select cash and debt balances
Select cash and debt balances Net Cash (Debt) $600 $ Millions Q4’24 Q1'25 Q2'25 Q3'25 Q4'25 $400 Cash and cash $ 420 $ 368 $ 369 $ 406 $ 493 equivalents $200 $ Millions Total debt $ (480) $ (474) $ (468) $ (462) $ (456) $- Finance lease $(200) $ (87) $ (105) $ (106) $ (103) $ (95) liabilities $(400)
Slide 15: 2026 Financial Outlook
2026 Financial Outlook © 2026 Teradata. All rights reserved. 15
Slide 16: FY26 financial outlook
FY26 financial outlook Total ARR Recurring revenue Total revenue growth of 2% to 4% YoY in the range of flat to 2% YoY in the range of -2% to flat YoY Free cash flow Non-GAAP diluted EPS of $310 to $330 million in the range of $2.55 to $2.65 Notes: Total Annual Recurring Revenue ("Total ARR") is def
Slide 17: Q1'26 financial outlook
Q1’26 financial outlook Recurring revenue Total revenue Non-GAAP diluted EPS growth of 6% to 8% YoY growth of 1% to 3% YoY in the range of $0.75 to $0.79 Notes: Non-GAAP diluted earnings per share (EPS) is a non-GAAP measures. Please see the Appendix for reconciliation of GAAP to non-GAAP measures a
Slide 18: FY26 key modeling assumptions
FY26 key modeling assumptions Non-GAAP Tax Rate WASO Approximately 24% 97.0 million Return of FCF Other Expense Target at least 50% Approximately $38 million © 2026 Teradata. All rights reserved. 18
Slide 19: Industry Recognition
Industry Recognition © 2026 Teradata. All rights reserved. 19
Slide 20: Industry Recognition of Teradata's Autonomous AI + Knowledge Platform
Industry Recognition of Teradata’s Autonomous AI + Knowledge Platform Teradata named a Leader in The Forrester Teradata named a Visionary in the “Something major is happening at Wave : Data Management for Analytics 2025 Gartner® Magic Quadrant for Teradata and it’s not just another “AI Platforms, Q2
Slide 21: Teradata named a Leader in The Forrester Wave Data Management for Analytics Platforms
The Forrester Wave Data Management for Analytics Platforms, Q2 2025 Teradata named a Leader in the The Forrester Wave Data Management for Analytics Platforms, Q2 2025 Teradata earned the highest scores possible (5/5) in the criteria of Vision, In-Platform Analytics, Data Transformation, Data Modelin
Slide 22: Appendix
Appendix © 2026 Teradata. All rights reserved. 22
Slide 23: GAAP to Non-GAAP Reconciliations and Additional Information
GAAP to Non-GAAP Reconciliations and Additional Information Use of Non-GAAP Measures Teradata reports its results in accordance with GAAP. However, as described below, the Company believes that certain non- GAAP measures such as free cash flow, non-GAAP gross profit, non-GAAP gross margin, non-GAAP
Slide 24: Three months ended December 31, 2025 and 2024
GAAP to Non-GAAP Reconciliation Three months ended December 31, 2025 and 2024 Amounts in U.S. Dollars in Millions, except per share amounts. Amounts are unaudited. NOTES: 1. While Teradata reports its results using generally accepted accounting principles in the U.S. (GAAP), certain non-GAAP financi
Slide 25: Three months ended September 30, 2025 and 2024
GAAP to Non-GAAP Reconciliation Three months ended September 30, 2025 and 2024 Amounts in U.S. Dollars in Millions, except per share amounts. Amounts are unaudited. NOTES: 1. While Teradata reports its results using generally accepted accounting principles in the U.S. (GAAP), certain non-GAAP financ
Slide 26: Three months ended June 30, 2025 and 2024
GAAP to Non-GAAP Reconciliation Three months ended June 30, 2025 and 2024 Amounts in U.S. Dollars in Millions, except per share amounts. Amounts are unaudited. NOTES: 1. While Teradata reports its results using generally accepted accounting principles in the U.S. (GAAP), certain non-GAAP financial m
Slide 27: Three months ended March 31, 2025 and 2024
GAAP to Non-GAAP Reconciliation Three months ended March 31, 2025 and 2024 Amounts in U.S. Dollars in Millions, except per share amounts. Amounts are unaudited. NOTES: 1. While Teradata reports its results using generally accepted accounting principles in the U.S. (GAAP), certain non-GAAP financial
Slide 28: Twelve months ended December 31, 2025 and 2024
GAAP to Non-GAAP Reconciliation Twelve months ended December 31, 2025 and 2024 Amounts in U.S. Dollars in Millions, except per share amounts. Amounts are unaudited. NOTES: 1. While Teradata reports its results using generally accepted accounting principles in the U.S. (GAAP), certain non-GAAP financ
Slide 29: Adjusted EBITDA
GAAP to Non-GAAP Reconciliation Adjusted EBITDA NOTES: * While Teradata reports its results using GAAP, certain non-GAAP financial measures may be used to reflect operational performance. These non-GAAP measures may exclude the impact of stock compensation expense and certain special items, which ar
Slide 30: Earnings per share
GAAP to Non-GAAP Reconciliation Earnings per share NOTES: i. Represents the income tax effect of the pre-tax adjustments to reconcile GAAP to Non-GAAP income based on the applicable jurisdictional statutory tax rate of the underlying item. Including the income tax effect assists investors in underst
Slide 31: Free cash flow reconciliation – December 31, 2025 and 2024
GAAP to Non-GAAP Reconciliation Free cash flow reconciliation – December 31, 2025 and 2024 NOTES: The Company believes that free cash flow is a useful non-GAAP measure for investors. Free cash flow does not have a uniform definition under GAAP in the United States and therefore, Teradata's definitio
Slide 32: Thank you
Thank you © 2026 Teradata. All rights reserved.
Slide 33: Teradata