NCR Atleos Q1 revenue rises on higher hardware sales

NCR Atleos

06/05/2026 22:04

Overview

US self-service banking tech firm's Q1 revenue grew 7%, meeting analyst expectations

Adjusted EPS for Q1 rose 2% but missed analyst expectations

Q1 adjusted EBITDA was flat and missed analyst expectations

Outlook

Company will not provide a financial outlook due to pending transaction with Brink’s

Result Drivers

SELF-SERVICE BANKING - Revenue growth was driven by higher hardware sales, installation revenues, software, and continued expansion of ATM as a Service, according to the company

ATMaaS EXPANSION - ATM as a Service revenue rose about 30% year-over-year, helped by new market expansion in Europe and Latin America, per management

RECYCLING TECHNOLOGY - Market adoption of recycling technology accelerated growth in hardware orders, the company said

Company press release: ID:nBw8MhRJda

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Meet
$1.04 bln
$1.04 bln (4 Analysts)
Q1 Adjusted EPS
Miss
$0.65
$0.87 (4 Analysts)
Q1 EPS
$0.29
Q1 Net Income
$22 mln
Q1 Adjusted EBITDA
Miss
$172 mln
$190.58 mln (4 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the financial technology (fintech) peer group is "buy."

Wall Street's median 12-month price target for NCR Atleos Corp is $50.00, about 13.6% above its May 5 closing price of $44.03

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)