--- title: "NCR Atleos | 8-K: FY2026 Q1 Revenue Misses Estimate at USD 1.043 B" type: "News" locale: "en" url: "https://longbridge.com/en/news/285477342.md" datetime: "2026-05-07T03:15:06.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285477342.md) - [en](https://longbridge.com/en/news/285477342.md) - [zh-HK](https://longbridge.com/zh-HK/news/285477342.md) --- # NCR Atleos | 8-K: FY2026 Q1 Revenue Misses Estimate at USD 1.043 B Revenue: As of FY2026 Q1, the actual value is USD 1.043 B, missing the estimate of USD 1.046 B. EPS: As of FY2026 Q1, the actual value is USD 0.29. EBIT: As of FY2026 Q1, the actual value is USD 145 M. #### Overall Financial Performance NCR Atleos Corporation reported total revenue of $1.04 billion for the first quarter of 2026, representing a 7% increase year-over-year (y/y), with 72% derived from recurring revenue streams. Net income attributable to NCR Atleos Corporation increased by 57% y/y to $22 million. Adjusted EBITDA remained flat y/y at $172 million. The company’s gross margin for Q1 2026 was 22.4%, down from 23.7% in the prior year, primarily due to higher tariffs and increased vault cash expenses, partially offset by a favorable mix of higher-margin software and services revenue. Adjusted gross margin decreased from 25.9% to 24.5%. Income from operations was $84 million, representing 8.1% of revenue, compared to $93 million or 9.5% of revenue in the prior year period. #### Segment Revenue - **Self-Service Banking:** Revenue grew by 12% to $697 million in Q1 2026 from $623 million in Q1 2025. This growth was driven by a 30% increase in ATM as a Service (ATMaaS) and 23% growth in hardware. Recurring revenue as a percentage of Self-Service Banking revenue was 61% in Q1 2026, down from 64% in Q1 2025. Revenue from ATMaaS arrangements was $74 million in Q1 2026, up from $57 million in Q1 2025. - **Network:** Revenue increased by 1% to $301 million in Q1 2026 from $299 million in Q1 2025. - **Telecommunications & Technology (T&T):** Revenue decreased by 7% to $40 million in Q1 2026 from $43 million in Q1 2025. #### Segment Adjusted EBITDA - **Self-Service Banking:** Adjusted EBITDA increased by 5% to $159 million in Q1 2026 from $152 million in Q1 2025, with an Adjusted EBITDA margin of 22.8%. - **Network:** Adjusted EBITDA decreased by 2% to $84 million in Q1 2026 from $86 million in Q1 2025, with an Adjusted EBITDA margin of 27.9%. - **T&T:** Adjusted EBITDA decreased by 13% to $7 million in Q1 2026 from $8 million in Q1 2025, with an Adjusted EBITDA margin of 17.5%. #### Cash Flow Net cash used in operating activities for the first quarter of 2026 was - $9 million, a decrease from $123 million provided in Q1 2025. Adjusted free cash flow-unrestricted was - $13 million in Q1 2026, an improvement from - $23 million in Q1 2025. #### Unique Metrics Annualized Recurring Revenue for Self-Service Banking was $1,699 million in Q1 2026, compared to $1,602 million in Q1 2025. Last Twelve Months Average Revenue Per Unit (LTM ARPU) for the Network segment was $16.0 thousand in Q1 2026, slightly down from $16.1 thousand in Q1 2025. Network Managed Units increased to 77.7 thousand in Q1 2026 from 77.2 thousand in Q1 2025. The net leverage ratio was 2.83x as of March 31, 2026, up from 2.77x as of December 31, 2025. #### Outlook NCR Atleos Corporation anticipates continued sequential growth in earnings and free cash flow throughout the year, along with improved net leverage. The proposed transaction with The Brink’s Company is targeted to close by the end of the first quarter of 2027, which is expected to enhance offerings, expand financial access, deliver significant shareholder value, and create new opportunities for employees. Due to the pending transaction, NCR Atleos Corporation will not be providing a financial outlook or hosting an earnings conference call. ### Related Stocks - [NATL.US](https://longbridge.com/en/quote/NATL.US.md) ## Related News & Research - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [Yext to Announce First Quarter Fiscal Year 2027 Financial Results on June 2, 2026 | YEXT Stock News](https://longbridge.com/en/news/286970613.md) - [LOWE'S REPORTS FIRST QUARTER 2026 SALES AND EARNINGS RESULTS | LOW Stock News](https://longbridge.com/en/news/287043063.md) - [GDEV announces results for the first quarter of 2026 | GDEV Stock News](https://longbridge.com/en/news/286909689.md)