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NCR Atleos Corp. (NATL)

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NCR Atleos Corp. (NATL) reported revenue of $1.1 billion for Q2 FY2026, the quarter ended 30 June 2026, down 0.1% on the same quarter a year earlier. Net income was $65 million, up 66.7% on the year, and diluted earnings per share $0.86. The figures are the company's own, from the 10-Q it filed with the SEC on 5 August 2026.

Revenue$1.1 billiondown 0.1%
Net income$65 millionup 66.7%
Diluted EPS$0.86
QuarterQ2 FY2026ended 30 June 2026

NCR Atleos (NATL) in brief

NCR Atleos (NATL) reported revenue of $4.4 billion for fiscal 2025, the year ended 31 December 2025, up 1.1% on the year before.
Read moreNet income was $162 million and diluted earnings per share $2.14. Revenue was $4.3 billion in fiscal 2024, $4.2 billion in fiscal 2023, $4.1 billion in fiscal 2022 and $3.5 billion in fiscal 2021. Net income in the same years was $80 million, a loss of $150 million, $99 million and $186 million. Over the twelve months to 30 June 2026, NCR Atleos reported revenue of $4.4 billion and net income of $196 million. NCR Atleos had 74 million shares outstanding at the latest filed count. At 30 June 2026 it carried $2.7 billion of debt and $429 million of cash. At the close of 9 October 2026 the market cap of NCR Atleos was $3.4 billion, 17.7 times its earnings over the last twelve months.

Ratios

From the filings

ROE42.2%
ROCE15.9%
Operating margin11.5%
Net margin4.4%
FCF margin3.6%
Interest cover1.95
Debt to equity5.84
Cash conversion1.41
Share count, 1 year0.4%
Sales CAGR, 3 years1.8%
Profit CAGR, 3 years17.8%
EPS, TTM$2.58

At the close of 9 October 2026

Price$45.78
Market cap$3.4 billion
Stock P/E17.74
Price to book7.28
EV / EBITDA7.22
Dividend yieldn/a
Market cap / sales0.76
52-week high$48.13
52-week low$34.13
Price, 1 year15.3%
Price CAGR, 3 yearsn/a
Price CAGR, 5 yearsn/a
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on long-term debt as NCR Atleos Corp. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
NATLgreeksoup.ai
Daily prices to 9 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on NATL

Filings20 in twelve months: 12 current reports (8-K), about 5 regulation FD disclosure; 4 results of operations; 2 shareholder vote; 2 material agreement; 1 other events
Planned insider sales1 Form 144 notice in twelve months, $307,666; latest 19 November 2025
Options tapeput/call 0.28 by open interest at the 9 October 2026 close; the straddle prices a 12.1% move to 16 October 2026
13F holders8 of the followed funds hold it; largest Geode Capital Management; 5 Schedule 13D or 13G filings in twelve months
Insider trading1 sale and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest3.7 million shares short, 4.05 days to cover at 30 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023 †Q4 FY2023Q1 FY2024 †Q2 FY2024 †Q3 FY2024 †Q4 FY2024Q1 FY2025 †Q2 FY2025 †Q3 FY2025Q4 FY2025Q1 FY2026Q2 FY2026
Revenue1,0671,0961,0461,0781,0731,1089801,1041,1211,1521,0431,103
R&D17.026.017.011.015.019.017.017.018.018.020.020.0
SG&A160140132132127130122116143132130133
Operating income90.030.068.010611414993.011911015684.0156
Operating margin8%3%7%10%11%13%9%11%10%14%8%14%
Interest expense6.0n/a79.079.079.072.067.069.068.066.063.062.0
Pre-tax income86.0-130-6.031.030.070.022.057.033.077.033.090.0
Tax rate170%n/an/a16%33%37%41%33%21%-10%33%28%
Net income-61.0-175-9.027.021.041.014.039.026.083.022.065.0
Net margin-6%-16%-1%3%2%4%1%4%2%7%2%6%
Diluted EPS-$0.82-$2.48-$0.11$0.39$0.32$0.55$0.23$0.60$0.34$1.09$0.29$0.86
Operating cash flow1478.01489.010780.0123-23.025.0231-9.030.0
Capital expenditure48.038.024.023.022.018.029.021.030.037.027.026.0
Free cash flow99.0-30.0124-14.085.062.094.0-44.0-5.0194-36.04.0
Buybacksn/an/an/an/an/an/a0.00.0n/an/a16.00.0
Shares outstanding71m71m71m71m71m73m73m74m74m74m74m74m
Filing10-Q10-K/A10-Q10-Q10-Q10-K/A10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read moreA quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 5 fiscal years and the trailing twelve months

FY2021FY2022 †FY2023 †FY2024 †FY2025TTM
Revenue3,5494,1224,1914,3054,3544,419
Research and development10764.080.062.070.076.0
Selling, general and administrative537586585521513538
Operating income248258263437478506
Operating margin7.0%6.3%6.3%10.2%11.0%11.5%
Interest expensen/a31.090.0309270259
Pre-tax income25114689.0125189233
Income tax64.048.023744.027.035.0
Effective tax rate25.5%32.9%266.3%35.2%14.3%15.0%
Net income18699.0-15080.0162196
Net margin5.2%2.4%-3.6%1.9%3.7%4.4%
Diluted EPS$2.63$1.40-$2.12$1.08$2.14$2.58
Filing10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by segment

FY2025Share
latest year
Self-Service Banking2,88166.8%
Network1,26529.3%
T&T1683.9%
Self-Service BankingNetworkT&T
4,314FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Revenue by product or service

FY2023FY2024FY2025Share
latest year
Recurring revenue2,9773,1243,07570.6%
All other products and services1,2091,1811,27929.4%
Recurring revenueAll other products and services
4,186FY20234,305FY20244,354FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Revenue by region

FY2023FY2024FY2025Share
latest year
United States1,8921,9261,95444.9%
Europe, Middle East and Africa1,2491,3371,37131.5%
Americas (excluding United States)53451754112.4%
Asia Pacific51152548811.2%
United StatesEurope, Middle East and AfricaAmericas (excluding United States)Asia Pacific
4,186FY20234,305FY20244,354FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2021FY2022 †FY2023 †FY2024 †FY2025TTM
Operating cash flow449274355344356277
Capital expenditure80.058.010887.0117120
Free cash flow369216247257239157
Free cash flow margin10.4%5.2%5.9%6.0%5.5%3.6%
Cash from investing-2,493-417-316-135-116-131
Cash from financing2,34518331.0-134-253-193
Depreciation and amortisation127227254287277278
Share-based compensation82.066.068.038.034.034.0
Buybacksn/an/a0.00.028.0n/a
Diluted shares, weighted71m71m71m74m76m76m
Shares outstanding at period endn/a71m71m73m74m74m
Filing10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2021FY2022 †FY2023 †FY2024 †FY2025TTM
Funded by
Shareholders' equity2,3363,263219219403464
Non-controlling interestn/a-1.03.04.0-1.00.0
Debtn/a7173,0992,8592,6722,711
Operating lease liabilitiesn/a59.0109110139141
Finance lease liabilitiesn/a0.01.04.08.0n/a
Other liabilitiesn/a1,7342,2712,3392,4472,348
Total liabilities and equityn/a5,7725,7025,5355,6685,664
Owned
Fixed assetsn/a412468474511524
Goodwill1,9061,9491,9521,9501,9581,957
Intangible assetsn/a729635550498451
Securities held for sale or to maturityn/an/an/a6.09.0n/a
Cash and equivalents238293339419456429
Receivablesn/a455707581550601
Inventoryn/a419333307342351
Other assetsn/a1,5151,2681,2481,3441,351
Total assetsn/a5,7725,7025,5355,6685,664
Filing10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/an/a1.8%3.6%
Profit growth, compoundedn/an/a17.8%70.4%
Return on equity, averagen/a3.8%2.7%40.2%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was NCR Atleos' revenue in fiscal 2025?

NCR Atleos (NATL) reported revenue of $4.4 billion for fiscal 2025, the year ended 31 December 2025, up 1.1% on the year before.

How much did NCR Atleos earn in fiscal 2025?

Net income was $162 million for fiscal 2025, and diluted earnings per share $2.14.

What is NCR Atleos' P/E ratio?

At the close of 9 October 2026, NCR Atleos traded at 17.7 times its earnings over the twelve months to 30 June 2026.

What is NCR Atleos' market cap?

The market cap of NCR Atleos was $3.4 billion at the close of 9 October 2026.

How much debt does NCR Atleos have?

At 30 June 2026 NCR Atleos carried $2.7 billion of debt and $429 million of cash.

Peers: Computers

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Waystar Holding Corp. WAY$5.1 billion38.113.4%22.9%19.2%0.36n/a
NCR Atleos Corp. NATL$3.4 billion17.7442.2%11.5%3.6%5.84n/a
Extreme Networks Inc. EXTR$3.2 billion75.6247.5%4.9%12.6%1.85n/a
Agilysys Inc. AGYS$3.0 billion69.4912.7%14.6%14.4%0.00n/a
Netscout Systems Inc. NTCT$3.0 billion24.797.3%14.8%5.8%0.00n/a
Digi International Inc. DGII$2.9 billion60.027.1%13.9%20.3%0.16n/a
Parsons Corp. PSN$2.6 billion31.096.0%4.9%-5.8%0.560.0%
Kyndryl Holdings, Inc. KD$2.6 billion31.738.1%n/a-0.6%3.640.0%
Pitney Bowes Inc. PBI$2.3 billion13.77n/a13.5%-5.3%n/a1.8%
Diebold Nixdorf, Inc. DBD$2.2 billion20.8111.5%6.4%5.4%0.970.0%
A10 Networks, Inc. ATEN$2.1 billion49.3718.1%16.1%12.2%0.920.8%
NCR Voyix Corp. VYX$984 million17.448.2%1.1%-4.8%1.19n/a
All 36 in Computers
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Apple Inc. AAPL$4.92 trillion38.61119.9%33.2%14.2%0.770.3%
Cisco Systems, Inc. CSCO$467.1 billion35.4426.4%24.3%11.8%0.451.4%
Dell Technologies Inc. DELL$375.3 billion34.03n/a9.4%49.0%n/a0.4%
Palo Alto Networks Inc. PANW$341.3 billion821.221.1%6.1%24.5%0.06n/a
Arista Networks, Inc. ANET$273.3 billion68.3527.3%43.1%32.6%0.00n/a
Sandisk Corp. SNDK$231.0 billion21.7072.7%61.2%175.3%0.00n/a
International Business Machines Corp. IBM$214.0 billion20.1531.1%n/a7.9%1.633.0%
Seagate Technology Holdings plc STX$177.5 billion56.39146.9%33.6%34.1%1.660.4%
Western Digital Corp. WDC$143.4 billion16.36106.3%34.5%35.7%0.120.1%
Fortinet, Inc. FTNT$142.9 billion68.57136.7%32.4%18.8%0.32n/a
Hewlett Packard Enterprise Co. HPE$97.6 billion37.8610.5%6.2%26.6%0.760.7%
Everpure, Inc. P$51.5 billion211.7816.4%5.3%27.2%0.00n/a
NetApp, Inc. NTAP$46.5 billion33.4594.8%25.0%12.2%1.660.9%
Super Micro Computer, Inc. SMCI$27.5 billion13.0815.4%7.1%77.8%0.60n/a
HP Inc. HPQ$27.3 billion11.53n/a5.4%8.1%n/a3.8%
F5, Inc. FFIV$27.3 billion38.2218.8%24.5%9.4%0.00n/a
Leidos Holdings, Inc. LDOS$15.3 billion11.3526.0%11.5%3.4%1.141.3%
Logitech International S.A. LOGI$14.1 billion18.0334.1%17.7%6.6%0.001.6%
Caci International Inc. CACI$13.5 billion25.2912.0%9.6%10.9%1.10n/a
GoDaddy Inc. GDDY$13.2 billion15.4813,586.6%24.8%7.4%561.10n/a
Jack Henry & Associates Inc. JKHY$10.5 billion21.4324.5%25.0%7.1%0.021.6%
Science Applications International Corp. SAIC$5.7 billion15.7526.5%8.0%-0.8%1.730.3%
Waystar Holding Corp. WAY$5.1 billion38.113.4%22.9%19.2%0.36n/a
NCR Atleos Corp. NATL$3.4 billion17.7442.2%11.5%3.6%5.84n/a
Extreme Networks Inc. EXTR$3.2 billion75.6247.5%4.9%12.6%1.85n/a
Agilysys Inc. AGYS$3.0 billion69.4912.7%14.6%14.4%0.00n/a
Netscout Systems Inc. NTCT$3.0 billion24.797.3%14.8%5.8%0.00n/a
Digi International Inc. DGII$2.9 billion60.027.1%13.9%20.3%0.16n/a
Parsons Corp. PSN$2.6 billion31.096.0%4.9%-5.8%0.560.0%
Kyndryl Holdings, Inc. KD$2.6 billion31.738.1%n/a-0.6%3.640.0%
Pitney Bowes Inc. PBI$2.3 billion13.77n/a13.5%-5.3%n/a1.8%
Diebold Nixdorf, Inc. DBD$2.2 billion20.8111.5%6.4%5.4%0.970.0%
A10 Networks, Inc. ATEN$2.1 billion49.3718.1%16.1%12.2%0.920.8%
Omnicell, Inc. OMCL$1.6 billion42.633.0%4.6%8.5%0.13n/a
Corsair Gaming, Inc. CRSR$1.5 billion43.955.5%2.9%3.1%0.18n/a
NCR Voyix Corp. VYX$984 million17.448.2%1.1%-4.8%1.19n/a
2 companies share its SEC industry code (Calculating & Accounting Machines (No Electronic Computers)); the rest are the names nearest in size in its wider industry, Computers, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20265 August 2026EDGAR
10-Q31 March 20267 May 2026EDGAR
10-K31 December 202527 February 2026EDGAR
10-Q30 September 20256 November 2025EDGAR
10-K/A31 December 20245 November 2025EDGAR
10-Q30 June 20257 August 2025EDGAR
10-Q31 March 20258 May 2025EDGAR
10-K31 December 20243 March 2025EDGAR
10-Q30 September 202412 November 2024EDGAR
10-Q30 June 202414 August 2024EDGAR

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