Business Wire·Nov 5, 2025, 4:05 PM ET

NCR Atleos Corporation Reports Third Quarter 2025 Results

NATL

NCR Atleos reported Q3 2025 total revenue of $1.12 billion, a 4% year-over-year increase, with 70% derived from recurring revenue streams.
Core revenue, excluding Voyix, reached $1.11 billion, representing a 6% year-over-year growth driven by ATMaaS & hardware demand.
ATMaaS revenue accelerated to 37% year-over-year growth, with expectations for greater than 40% growth in Q4 2025.
Net income attributable to Atleos increased 24% to $26 million, while Adjusted EBITDA rose 7% to $219 million.
Diluted EPS was $0.34 (up 21%), & Adjusted Diluted EPS was $1.09 (up 22%) compared to the prior year period.
Adjusted free cash flow was $124 million, with net cash flow from operating activities at $27 million.
Self-Service Banking revenue grew 11% to $744 million, driven by exceptional 24% year-over-year growth in ATM hardware revenue.
The Network segment revenue declined 1% to $328 million, partially impacted by muted transaction volumes due to U.S. immigration policy.
Full year 2025 guidance ranges were reaffirmed, including 3-6% Core Revenue growth & 7-10% Adjusted EBITDA growth in constant currency.
The company anticipates beginning share repurchases in the current quarter & expects to close the year with net leverage of 2.8x.
Tim Oliver, CEO, noted a 30% improvement in Net Promoter Score & expansion of ATMaaS customers into Latin America & the Middle East.
CFO Andy Wamser cited tariff volatility & payroll changes as challenges offset by cost productivity & resilient team performance.
The company disclosed immaterial misstatements in prior financial statements, resulting in a restatement of pre-tax income for fiscal years 2023, 2024, & the first half of 2025.