Teradata (TDC) FY2015 results: revenue $2.5 billion, down 7.4% on the year
Teradata Corp. (TDC) reported revenue of $2.5 billion for fiscal 2015, the year ended 31 December 2015, down 7.4% on the year before. Net income was -$214 million, and diluted earnings per share $-1.53. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2016.
Revenue
$2.5 billion
-7.4% on the year
FY2008FY2015
Operating margin
-7.7%
18.4% a year earlier
FY2008FY2015
Net income
-$214 million
FY2008FY2015
Diluted EPS
-$1.53
FY2008FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
2,530
2,732
2,692
-7.4%
Cost of revenue
1,254
1,253
1,219
+0.1%
Gross profit
1,276
1,479
1,473
-13.7%
Gross margin
50.4%
54.1%
54.7%
Research and development
228
206
184
+10.7%
Selling, general and administrative
765
770
757
-0.6%
Operating income
-195
503
532
Operating margin
-7.7%
18.4%
19.8%
Interest expense
9.0
3.0
4.0
+200.0%
Pre-tax income
-144
494
508
Income tax
70.0
127
131
-44.9%
Effective tax rate
n/a
25.7%
25.8%
Net income
-214
367
377
Net margin
-8.5%
13.4%
14.0%
Diluted EPS
-$1.53
$2.33
$2.27
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
401
680
510
-41.0%
Capital expenditure
52.0
54.0
60.0
-3.7%
Free cash flow
349
626
450
-44.2%
Free cash flow margin
13.8%
22.9%
16.7%
Cash from investing
-52.0
-198
-174
Cash from financing
-324
-326
-362
Depreciation and amortisation
170
169
147
+0.6%
Share-based compensation
56.0
50.0
49.0
+12.0%
Buybacks
657
551
382
+19.2%
Diluted shares, weighted
140m
158m
166m
-11.5%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
849
1,707
1,857
-50.3%
Short-term borrowings
n/a
n/a
0.0
Debt
777
468
274
+66.0%
Other liabilities
904
957
965
-5.5%
Total liabilities and equity
2,530
3,132
3,096
-19.2%
Fixed assets
143
159
161
-10.1%
Goodwill
380
948
946
-59.9%
Intangible assets
22.0
136
149
-83.8%
Investments
0.0
78.0
0.0
Cash and equivalents
839
834
695
+0.6%
Receivables
580
619
717
-6.3%
Inventory
49.0
38.0
56.0
+28.9%
Other assets
517
320
372
+61.6%
Total assets
2,530
3,132
3,096
-19.2%
10-K for the year ended 31 December 2015, filed 26 February 2016: the filing.