Teradata (TDC) Proxy filing summary
Event summary combining transcript, slides, and related documents.
Proxy filing summary
26 Mar, 2026Executive summary
Achieved positive growth in total annual recurring revenue (ARR) in 2025, with public cloud ARR reaching $701M and nearly 50% of total ARR, reflecting a successful transformation to a modern cloud data platform.
Improved non-GAAP operating margin to 21.2% and free cash flow to $285M, exceeding guidance.
Returned $140M to shareholders via share repurchases in 2025.
Recognized for innovation in AI and analytics, with over 150 AI customer engagements and industry accolades.
Voting matters and shareholder proposals
Election of three Class I directors (McMillan, Fisher, Nelson) for three-year terms.
Advisory vote on executive compensation (say-on-pay).
Approval of amended and restated 2023 Stock Incentive Plan, increasing share reserve by 6.3M shares.
Ratification of PricewaterhouseCoopers LLP as independent auditor for 2026.
Board of directors and corporate governance
Board is 90% independent, with separate Chair and CEO roles; average tenure is 8 years.
Recent addition of Melissa Fisher to the Board; ongoing refreshment per Cooperation Agreement.
Board diversity: 40% gender diverse, 20% ethnic minority.
Strong governance practices: majority vote standard, no poison pill, proxy access, robust stock ownership guidelines, and annual self-assessments.
Latest events from Teradata
- Virtual annual meeting to vote on directors, compensation, stock plan, and auditor ratification.TDC
Proxy filing26 Mar 2026 - AI-driven innovation and hybrid deployment fuel growth, with execution and cash flow as top priorities.TDC
Morgan Stanley Technology, Media & Telecom Conference 20263 Mar 2026 - Cloud ARR up 15% in 2025; 2026 outlook targets steady growth and strong cash flow.TDC
Q4 202510 Feb 2026 - Board refreshment adds new directors and secures shareholder support through a cooperation agreement.TDC
Proxy Filing10 Feb 2026 - AI Unlimited delivers scalable, on-demand AI experimentation and production, now in public preview.TDC
Status Update3 Feb 2026 - Cloud ARR up 31%-32% as total ARR and revenue decline; restructuring targets major cost savings.TDC
Q2 20242 Feb 2026 - Cloud-first strategy, AI innovation, and operational focus drive growth and expansion.TDC
UBS Women in Tech Summit1 Feb 2026 - Cloud-first transformation, AI innovation, and prudent cost actions set up ARR growth for 2025.TDC
The Citigroup Global TMT Conference 202422 Jan 2026 - Cloud ARR up 26% and EPS guidance raised, but total ARR and revenue expected to decline.TDC
Q3 202417 Jan 2026