Earnings Releases·Nov 4, 2026, 7:33 AM ET

NCR Atleos Corporation — Third Quarter 2026 Earnings Summary

Q3 revenue declined 2% year-over-year to $1.1 billion, while net income surged 273% to $97 million and Adjusted EBITDA rose 10% to $241 million with margins expanding to 21.9%.
Net leverage decreased to 2.47x and Adjusted Free Cash Flow reached $156 million, driven by productivity initiatives that offset higher memory and fuel costs.
Recurring revenue comprised 71% of Q3 total revenue, with ATMaaS revenue growing to $83 million and Self-Service Banking Adjusted EBITDA increasing 7%.
The pending merger with The Brink's Company is on track to close in early January 2027, though the company will not provide a financial outlook or host a conference call due to the transaction.
Revenue headwinds included lower hardware volumes, reduced crypto transaction demand, and customer delays related to the pending combination, alongside risks from the Middle East conflict.