Teradata Q1 2026 revenue rises 6% with $401M cash flow boosted by $359M SAP settlement

Teradata reported a 6% increase in total revenue to $444 million for Q1 2026, driven by a 12% rise in recurring revenue to $400 million and a 13% growth in public cloud ARR to $686 million. Cash flow from operations surged to $401 million, largely due to a $359 million pre-tax settlement with SAP, which also boosted GAAP EPS to $3.47. The company expects modest revenue declines in Q2 but raised its full-year GAAP EPS and cash flow guidance, reflecting confidence in its AI and hybrid cloud offerings amid ongoing business transformation.