NCR Atleos Q1 2026 earnings reveal 7% revenue growth and soaring profits
NCR Atleos Corporation has released its first-quarter results for 2026, showing steady growth across key areas. The company reported total revenue of $1.04 billion, a 7% rise compared to the same period last year. Strong gains in hardware sales and self-service banking helped drive the increase. Revenue from self-service banking climbed by around 12% year-over-year. A major contributor was ATM as a Service (ATMaaS), which expanded by roughly 30% due to new markets in Europe and Latin America. This segment’s growth outpaced other divisions.
Hardware sales also performed well, rising by 23%. The company attributed this to higher demand for its recycling technology. Meanwhile, network revenue saw a modest increase of about 1%. Profitability improved significantly, with net income reaching $22 million—a 57% jump from the previous year. Diluted earnings per share rose by 53%, landing at $0.29. Adjusted EBITDA remained stable at $172 million, matching last year’s figure. However, adjusted free cash flow came in at negative $13 million for the quarter. The Allpoint network saw transaction volumes nearing record levels. This growth followed expansions and contract renewals with major clients, reinforcing the company’s position in the market.
The first quarter of 2026 marked solid financial progress for NCR Atleos. Revenue growth, higher profits, and strong demand for ATM services highlight the company’s expanding footprint. Despite a dip in free cash flow, the results reflect gains in both hardware and service-based segments.
