Quarterly ResultMay 7, 2026, 06:37 AM
NCR Voyix Q1 Net Loss $2M, Adjusted EBITDA $78M
AI Summary
NCR Voyix Corporation reported its first quarter 2026 financial results, showing improved profitability metrics despite a slight revenue decline. The company's net loss from continuing operations significantly narrowed to $2 million, and Adjusted EBITDA increased to $78 million. Strategic progress included strong growth in Remaining Contract Value, new customer wins, and the completion of the hardware business transition, alongside an agreement to divest its Japan bank technology solutions business. The company also provided an updated positive outlook for full-year 2026 Adjusted EBITDA and Non-GAAP Diluted EPS.
Key Highlights
- Q1 Revenue was $606 million, down 1% from $612 million in the prior year period.
- Q1 Net loss from continuing operations was $2 million, an improvement from $21 million loss in prior year.
- Q1 Adjusted EBITDA was $78 million, up 5% from $74 million in the prior year period.
- Q1 Non-GAAP diluted EPS was $0.10, up from $0.08 in the prior year period.
- Remaining Contract Value for Voyix Commerce Platform applications was $293 million, up nearly 75% YoY.
- Signed new platform contracts with Stater Bros. Markets and Pilot.
- Entered agreement to sell Japan bank technology solutions business, expected to close by end of 2026.
- Full-year 2026 Adjusted EBITDA outlook is $432 - $447 million, representing 3% - 7% growth.