NCR Voyix Q1 revenue beats estimates, helped by platform demand

NCR Voyix

07/05/2026 11:44

Overview

US unified commerce platform's Q1 revenue declined yr/yr but beat analyst expectations

Adjusted EPS and adjusted EBITDA for Q1 beat analyst expectations

Company completed hardware business transition and repurchased $9 mln in stock

Outlook

NCR Voyix sees 2026 revenue between $2.19 bln and $2.30 bln, down 13%-18% YoY

Company expects 2026 adjusted EBITDA of $432 mln to $447 mln, up 3%-7% YoY

NCR Voyix projects 2026 non-GAAP diluted EPS of $0.89-$0.92, up 3%-7% YoY

Result Drivers

PLATFORM DEMAND - Co said strong demand for Voyix Commerce Platform applications, including new customer wins and expanding global interest, supported results

RECURRING REVENUE GROWTH - Co reported recurring revenue rose to $419 mln from $404 mln, and recurring software revenue increased to $199 mln from $192 mln

HARDWARE BUSINESS TRANSITION - Co completed transition of hardware business, now recording commission revenue from hardware sales as an agent for Ennoconn

Company press release: ID:nBw86HZLYa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$606 mln
$578.87 mln (6 Analysts)
Q1 Adjusted EPS
Beat
$0.10
$0.08 (6 Analysts)
Q1 Adjusted EBITDA
Beat
$78 mln
$76.51 mln (6 Analysts)
Q1 EPS continuing operations
-$0.04
Q1 Recurring Revenue
$419 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

Wall Street's median 12-month price target for NCR Voyix Corp is $12.50, about 77.8% above its May 6 closing price of $7.03

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 10 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.)