The stock may face downward pressure due to the significant revenue decline and negative 2026 guidance, despite improved profitability. Investors should monitor the hardware business transition impact and whether the company can maintain growth in its software and services segments.
Price Chart
Executive Summary
NCR Voyix reported mixed financial results for 2025, with full-year revenue declining 4.6% year-over-year to $2.69 billion while profitability improved significantly, with net income turning positive at $42 million versus a $201 million loss in 2024. The company launched new cloud-to-edge applications and signed major retail agreements but provided 2026 revenue guidance that implies a 13-18% decline due to a hardware business transition.
Key Financial Metrics
Key Facts
- Full-year 2025 revenue was $2.69 billion, down 4.6% from $2.82 billion in 2024
- Net income from continuing operations was $42 million in 2025 versus a $201 million loss in 2024
- Adjusted EBITDA increased 22% to $425 million in 2025
- Software ARR grew 2.4% to $783 million in 2025
- 2026 revenue guidance projects $2.21-$2.33 billion, representing a 13-18% decline from 2025
- Company repurchased $78 million of stock in Q4 2025
Financial Impact
Revenue decline of $131 million year-over-year with improved profitability and significant downward guidance for 2026
Segment Breakdown
| Segment | Revenue | Growth |
|---|---|---|
| Retail | $1.8B | -5.8% |
| Restaurants | $818.0M | -0.8% |
Risk Factors
- Revenue guidance for 2026 shows a projected 13-18% decline
- Hardware business transition could disrupt operations and customer relationships
- Software services revenue declined from $2.05 billion to $1.99 billion year-over-year
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000070866-26-000005 |
| Exhibit: exhibit992-q42025callsli.htm | 0000070866-26-000005 |
| Document: ncr-20260226.htm | 0000070866-26-000005 |
| Document: 0000070866-26-000005-index-headers.html | 0000070866-26-000005 |
| Document: 0000070866-26-000005-index.html | 0000070866-26-000005 |
| Document: 0000070866-26-000005.txt | 0000070866-26-000005 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 5, 2026 11w ago | 8-K | $9.52 $8.98 | ▼ −5.67% | ▼ −5.07% | $7.70 (−19.12%) |
Feb 26, 2026 34w ago | 8-K | $8.24 $6.47 | ▼ −21.48% | ▼ −15.08% | $7.70 (−6.55%) |
US Market Status
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