Quarterly ResultMay 6, 2026, 07:07 AM
Brink's Q1 Revenue +10% to $1.38B; Organic Growth 4.5%
AI Summary
The Brink's Company reported strong first-quarter 2026 results, with revenue increasing 10% to $1,375 million, driven by 4.5% organic growth and 15% organic growth in AMS/DRS. The company achieved EBITDA margin expansion and significant improvements in cash generation, with free cash flow up $66 million year-over-year. Additionally, Brink's provided Q2 2026 guidance and confirmed that the acquisition of NCR Atleos remains on track for completion by the end of the first quarter of 2027, with a dedicated integration team working towards $200 million in annual cost synergies.
Key Highlights
- Brink's Q1 2026 revenue increased 10% to $1,375 million.
- Organic revenue growth was 4.5%, with AMS/DRS organic growth at 15%.
- Non-GAAP operating profit rose 12% to $168 million, with margin expansion of 10 bps.
- Adjusted EBITDA increased 10% to $238 million, with margin expansion.
- Non-GAAP EPS grew 11% to $1.80.
- Cash flows from operating activities increased by $89 million, and free cash flow was up $66 million.
- The NCR Atleos acquisition is on track to close by Q1 2027, targeting $200 million in annual run-rate cost synergies.
- Q2 2026 revenue guidance is $1,370 - $1,430 million, with non-GAAP Adjusted EBITDA of $245 - $265 million and non-GAAP EPS of $1.85 - $2.25.