Quarterly ResultMay 6, 2026, 04:21 PM
NCR Atleos Q1 Revenue +7% to $1.04B; Net Income $22M
AI Summary
NCR Atleos Corporation reported strong first quarter 2026 results, with total revenue increasing 7% year-over-year to $1.04 billion, driven by robust growth in Self-Service Banking and ATM as a Service. Net income attributable to Atleos surged 57% to $22 million, and diluted EPS rose 53% to $0.29. However, Adjusted EBITDA remained flat at $172 million, and the company reported net cash used in operating activities of $9 million. The company also provided an update on its pending transaction with The Brink's Company, targeting a closing by the end of the first quarter of 2027.
Key Highlights
- Total revenue increased 7% year-over-year to $1.04 billion.
- Net income attributable to Atleos rose 57% year-over-year to $22 million.
- Diluted Earnings per Share increased 53% to $0.29.
- Self-Service Banking revenue grew approximately 12% year-over-year, with ATM as a Service up 30%.
- Adjusted EBITDA was $172 million, flat year-over-year.
- Net cash used in operating activities was $9 million.
- The proposed transaction with The Brink's Company is targeted to close by the end of Q1 2027.