Teradata (TDC) FY2016 results: revenue $2.3 billion, down 8.2% on the year
Teradata Corp. (TDC) reported revenue of $2.3 billion for fiscal 2016, the year ended 31 December 2016, down 8.2% on the year before. Net income was $125 million, and diluted earnings per share $0.95. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2017.
Revenue
$2.3 billion
-8.2% on the year
FY2009FY2016
Operating margin
10.1%
-7.7% a year earlier
FY2009FY2016
Net income
$125 million
FY2009FY2016
Diluted EPS
$0.95
FY2009FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
2,322
2,530
2,732
-8.2%
Cost of revenue
1,133
1,254
1,253
-9.6%
Gross profit
1,188
1,276
1,479
-6.9%
Gross margin
51.2%
50.4%
54.1%
Research and development
212
228
206
-7.0%
Selling, general and administrative
662
765
770
-13.5%
Operating income
235
-195
503
Operating margin
10.1%
-7.7%
18.4%
Interest expense
12.0
9.0
3.0
+33.3%
Pre-tax income
221
-144
494
Income tax
96.0
70.0
127
+37.1%
Effective tax rate
43.4%
n/a
25.7%
Net income
125
-214
367
Net margin
5.4%
-8.5%
13.4%
Diluted EPS
$0.95
-$1.53
$2.33
$ 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
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
446
401
680
+11.2%
Capital expenditure
53.0
52.0
54.0
+1.9%
Free cash flow
393
349
626
+12.6%
Free cash flow margin
16.9%
13.8%
22.9%
Cash from investing
-35.0
-52.0
-198
Cash from financing
-262
-324
-326
Depreciation and amortisation
128
170
169
-24.7%
Share-based compensation
62.0
56.0
50.0
+10.7%
Buybacks
82.0
657
551
-87.5%
Diluted shares, weighted
132m
140m
158m
-5.8%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
971
849
1,707
+14.4%
Short-term borrowings
0.0
n/a
n/a
Debt
568
777
468
-26.9%
Other liabilities
874
904
957
-3.3%
Total liabilities and equity
2,413
2,530
3,132
-4.6%
Fixed assets
138
143
159
-3.5%
Goodwill
390
380
948
+2.6%
Intangible assets
11.0
22.0
136
-50.0%
Investments
n/a
0.0
78.0
Cash and equivalents
974
839
834
+16.1%
Receivables
548
580
619
-5.5%
Inventory
34.0
49.0
38.0
-30.6%
Other assets
318
517
320
-38.5%
Total assets
2,413
2,530
3,132
-4.6%
10-K for the year ended 31 December 2016, filed 27 February 2017: the filing.