NCR Voyix Corp
NYSE:VYX
NCR Voyix Corp
NCR Voyix Corp., an evolution of the storied National Cash Register Company, has adeptly transformed from its origins in cash registers to become a pivotal player in the financial and retail technology sectors. At the heart of NCR Voyix's operations lies a commitment to delivering innovative solutions that streamline and enhance the consumer experience across various touchpoints. As a leader in omnichannel banking, digital commerce, and enterprise software, the company empowers financial institutions and retailers to navigate the complexities of digital transformation. Its extensive suite of products, from self-service kiosks and ATMs to point-of-sale systems and cloud-based software, positions NCR Voyix as an indispensable partner for businesses striving to optimize their operations and meet evolving customer demands.
Revenue generation at NCR Voyix is intricately woven into its diverse array of service offerings and its strategic shift towards recurring revenue streams. By providing a comprehensive ecosystem of hardware, software, and services, the company not only facilitates seamless transactions and consumer interactions but also ensures long-term client engagement through maintenance and support contracts. This blend of hardware sales and subscription-based software solutions enables NCR Voyix to capture value both upfront and over the lifecycle of its products, fostering sustained financial growth. As industries increasingly pivot toward digital ecosystems, NCR Voyix's ability to integrate cutting-edge technology within pragmatic business applications continues to cement its reputation as a versatile and forward-thinking enterprise.
NCR Voyix Corp., an evolution of the storied National Cash Register Company, has adeptly transformed from its origins in cash registers to become a pivotal player in the financial and retail technology sectors. At the heart of NCR Voyix's operations lies a commitment to delivering innovative solutions that streamline and enhance the consumer experience across various touchpoints. As a leader in omnichannel banking, digital commerce, and enterprise software, the company empowers financial institutions and retailers to navigate the complexities of digital transformation. Its extensive suite of products, from self-service kiosks and ATMs to point-of-sale systems and cloud-based software, positions NCR Voyix as an indispensable partner for businesses striving to optimize their operations and meet evolving customer demands.
Revenue generation at NCR Voyix is intricately woven into its diverse array of service offerings and its strategic shift towards recurring revenue streams. By providing a comprehensive ecosystem of hardware, software, and services, the company not only facilitates seamless transactions and consumer interactions but also ensures long-term client engagement through maintenance and support contracts. This blend of hardware sales and subscription-based software solutions enables NCR Voyix to capture value both upfront and over the lifecycle of its products, fostering sustained financial growth. As industries increasingly pivot toward digital ecosystems, NCR Voyix's ability to integrate cutting-edge technology within pragmatic business applications continues to cement its reputation as a versatile and forward-thinking enterprise.
Revenue Growth: Total revenue for Q4 2025 increased 6% to $120 million, driven by higher hardware sales.
Profitability: Adjusted EBITDA grew 17% to $130 million, with margin expanding by 170 basis points to 18.1%.
EPS: GAAP EPS for Q4 was $0.49, boosted by a $65 million tax benefit. Non-GAAP EPS increased 48% to $0.31.
Platform Transition: The company completed the transition to a unified cloud-to-edge platform, modernizing over 50 legacy applications.
ODM Hardware Shift: NCR Voyix is transitioning its hardware business to an ODM model, which will complete by March 31, 2026, impacting reported revenue but expected to improve margins.
Strong Backlog: Over 20 platform contracts signed, including new enterprise customers like 7-Eleven Philippines, Colruyt Group, and Chipotle, with deployments expected to drive revenue in late 2026 and beyond.
SMB Headwinds: The restaurant SMB segment faced headwinds due to legacy product challenges and competitive pressures, but a new "store-in-a-box" solution is set to launch in the second half of 2026.
2026 Outlook: Full-year revenue guidance is $2.21 to $2.325 billion (down 13–18% due to hardware model change), with adjusted EBITDA expected to grow 4–7% to $440–445 million and non-GAAP EPS of $0.93–0.96.
