Quarterly ResultMay 7, 2026, 07:37 AM
NCR Voyix Q1 Net Loss Narrows to $5M; Operating Cash Flow Positive
AI Summary
NCR Voyix reported a significant improvement in its first-quarter 2026 financial performance, with net loss narrowing to $5 million from $17 million in the prior year. Total revenue slightly decreased to $606 million. The company also saw a substantial positive shift in operating cash flow, reaching $42 million compared to a $42 million outflow in Q1 2025. Strategic initiatives included signing an agreement to sell its Japan bank technology solutions business for $32 million and continuing the transition of its hardware business to an outsourced model.
Key Highlights
- Net loss narrowed to $5 million in Q1 2026 from $17 million in Q1 2025.
- Total revenue was $606 million, a slight decrease from $612 million year-over-year.
- Basic and diluted net loss per common share improved to $(0.06) from $(0.15).
- Operating activities generated $42 million cash, a significant improvement from $(42) million.
- Recurring revenue increased to $419 million from $404 million.
- Retail segment revenue grew to $427 million from $420 million.
- Signed agreement to sell Japan bank technology solutions business for $32 million.
- Share repurchase program replenished by $178 million, totaling $300 million.