| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 1.4K | 1.3% | 7.1% |
| Total Income | 1.4K | 1.3% | 7.1% |
| Expenditure | 1.3K | 0.9% | 8.4% |
| PBT | 67.90 | 48.3% | 9.2% |
| Net Profit | 44.40 | 38.3% | 1.6% |
| OPM | 9.57% | 1.56pp | 0.72pp |
| NPM | 3.19% | 0.86pp | 0.17pp |
| EPS | 1.07 | 37.2% | 3.9% |
Brink's Reports Strong Second-Quarter 2026 Results with 7% Revenue Growth
05 Aug 2026 · 5 Aug, 4:37 pm
Summary
The Brink's Company announced strong second-quarter results, with revenue increasing by 7% year-over-year, driven by continued mid-teens or greater organic growth in AMS/DRS. Profitability improved, with Net Income up 2% and Adjusted EBITDA up 11%. Management expressed confidence in the financial outlook, citing operational productivity, favorable revenue mix, and progress on the NCR Atleos acquisition, which is now expected to close in early Q1 2027.
Key Highlights
- 1
The Brink's Company reported second-quarter revenue growth of 7% year-over-year, marking the 14th consecutive quarter of mid-teens or greater AMS/DRS organic growth.
- 2
Net income increased by 2% to $44 million, while Adjusted EBITDA saw a significant rise of 11% to $257 million.
- 3
GAAP Earnings Per Share (EPS) grew 4% to $1.07, and non-GAAP EPS increased by 18% to $2.13.
- 4
Operating profit margin was 9.6%, with Adjusted EBITDA margin expanding by 100 basis points year-over-year to 13.6%.
- 5
The company highlighted continued sustainable improvements in cash generation, with trailing-twelve-month free cash flow up $32 million to $468 million.
- 6
The NCR Atleos acquisition timeline is accelerating, with an estimated closure in early Q1 2027, aiming for approximately $200 million in run-rate synergies.
Management Comments
Mark Eubanks
Our strong second quarter shows continued progress against our AMS/DRS strategy with another quarter of mid-teens or better organic revenue growth. We closed several key customer wins late in the second and early in the third quarter that support continued growth momentum into the second half of the year. The margin accretion power of AMS/DRS is evident in our profitability with record second quarter operating profit and Adjusted EBITDA margin performance. Supported by underlying operational productivity and revenue mix benefits, Adjusted EBITDA margins expanded year-over-year in every segment in the second quarter. We continue to deliver sustainable improvements in cash generation with trailing-twelve-month free cash flow up $32 million dollars to $468 million reflecting conversion of 46 percent. Combined with NCR Atleos' strong second quarter results, released earlier this morning, both companies have now delivered first-half performance ahead of expectations. With increasing visibility into our second half performance and a favorable AMS/DRS growth trajectory, we remain confident in our financial outlook and our ability to fully realize the value creation potential of the acquisition. With the shareholder vote now behind us, we continue to make meaningful progress towards closing the NCR Atleos acquisition. Having secured clearance in key jurisdictions, including the United States, Brazil, and India, and with all remaining regulatory reviews well underway, we have line of sight to an accelerated timeline now estimated to be early in the first quarter of 2027. Our dedicated integration management teams continue to advance detailed planning that position us to realize approximately $200 million in run-rate synergies. I remain confident this combination will deliver innovative new solutions for our customers, create opportunities for our employees, and accelerate long-term value creation for our shareholders.
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