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NCR Atleos Corp
NYSE:NATL

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NCR Atleos Corp
NYSE:NATL
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Price: 45.69 USD 0.29% Market Closed
Market Cap: $3.4B

NCR Atleos Corp
Investor Relations

In the dynamic world of financial technology, NCR Atleos Corp. stands as a linchpin connecting consumers and businesses through seamless transactions. Originally envisioned as a leader in the ATM industry, NCR Atleos has deftly maneuvered its way through the digital transformation, evolving into a formidable powerhouse in payments technology. Its legacy in cash management has provided a sturdy foundation upon which it has built a diverse portfolio of services, ranging from software solutions for retail and hospitality to cloud-based platforms enhancing banking operations. By integrating hardware, like ATMs and point-of-sale systems, with innovative software, the company ensures that both small businesses and large enterprises can provide quick, reliable, and secure transaction services to their customers, optimizing the end-user experience.

The financial orchestration behind NCR Atleos's growth lies in its compelling business model, which ingeniously combines one-time hardware sales with recurring revenue from software and services. The company's SaaS (Software as a Service) offerings have been particularly lucrative, enabling recurring streams of income that bolster financial stability and growth potential. Beyond mere transactional solutions, NCR Atleos engages in a deeper partnership with its clients, offering analytics, customer engagement tools, and service support that not only enhance performance but also foster loyalty. With a strategic emphasis on innovation, backed by robust R&D investments, NCR Atleos continues to expand its footprint globally, capturing new markets while retaining its core clientele through competitive, cutting-edge solutions.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 6, 2025
AI Summary
Q3 2025

Strong Q3 Results: Atleos reported 6% core top line growth, 7% EBITDA growth, and a 22% increase in earnings per share, generally meeting or exceeding guidance ranges.

ATM-as-a-Service Momentum: ATM-as-a-Service revenue grew 37% year-over-year, with ARR on track to surpass $300 million by year-end and backlog up approximately 100%.

Hardware Surge: Hardware revenue saw record production, including a 25% increase in hardware deliveries and a 60% jump in recycler sales, driving profit growth and expanding margins.

Network Segment Stabilizing: Network revenue declined 1% year-over-year due to lower payroll card transactions, but trends stabilized late in the quarter and growth is expected to return in Q4.

Guidance Reaffirmed: Full-year 2025 guidance was reaffirmed, with revenue tracking toward the high end of the range and EBITDA expected at the lower end due to higher tariffs.

Capital Allocation: Net leverage fell below 3x; Atleos plans to begin share repurchases in Q4 and expects improved free cash flow conversion in 2026.

Tariff Impact Managed: Tariffs expected to total about $25 million in 2025, with 2026 planning assuming 25% rates but potential for relief if negotiations succeed.

Key Financials
EBITDA
$219 million
EBITDA Margin
19.5%
Earnings per Share
$1.09
Free Cash Flow
$124 million
Net Leverage
2.99x
Debt
Under $2.9 billion
Unrestricted Cash Balance
Just over $400 million
ARR (ATM-as-a-Service)
$268 million
ATM-as-a-Service Revenue
$67 million
ATM-as-a-Service Gross Margin
40%
ATM-as-a-Service Backlog
Up approximately 100%
ATM-as-a-Service Average Revenue per Unit (ARPU)
$8,300
Self-Service Banking Revenue
$744 million
Self-Service Banking Adjusted EBITDA
$196 million
Self-Service Banking EBITDA Margin
Above 26%
Recurring Revenue Mix (Self-Service Banking)
57%
ATM Network Device Count
81,000 units
Network Segment Revenue
$328 million
Network Segment Adjusted EBITDA
$93 million
Deposit Volumes (Network)
Up 90% year-over-year; all-time high
Earnings Call Recording
Other Earnings Calls

Management

Mr. Timothy C. Oliver
CEO, President & Director
No Bio Available
Mr. Paul J. Campbell
Executive VP & CFO
No Bio Available
Mr. Stuart MacKinnon
Executive VP & Chief Operating Officer
No Bio Available
Mr. Ricardo J. Nunez
Executive VP, General Counsel, Compliance Officer & Secretary
No Bio Available
Mr. Andrew R. DuVall
Chief Accounting Officer
No Bio Available
Ms. Patricia A. Watson
Chief Information & Technology Officer
No Bio Available
Mr. Brendan James Metrano C.F.A.
Head of Investor Relations & Treasury
No Bio Available

Contacts

Address
GEORGIA
Atlanta
864 Spring Street Nw
Contacts
+19374451936
www.ncratleos.com
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