Slide 1: Second Quarter 2026 Earnings
© The Brink’s Company 2026 | Confidential. For internal use only. Do not duplicate or distribute. | 1 Second Quarter 2026 Earnings August 5, 2026 Exhibit 99.2
Slide 2: Forward-Looking Statements and Non-GAAP Results
2 Forward-Looking Statements and Non-GAAP Results These materials contain forward-looking information. Words such as "anticipate," "assume," "estimate," "expect," “target,” "project," "predict," "intend," "plan," "believe," "potential," "may," "should" and similar expressions may identify forward-lo
Slide 3: Second Quarter Performance Highlights
3 Second Quarter Performance Highlights Strong organic revenue growth led by AMS/DRS 4% Total organic growth 14% AMS / DRS organic growth Record margin performance with expansion in all segments 18.5% Adjusted EBITDA margin 70bps of YoY expansion 13.6% Operating profit margin 100 bps of YoY expansio
Slide 4: NCR Atleos Acquisition Update
4 NCR Atleos Acquisition Update Timeline accelerating behind regulatory clearance in key markets U.S. Regulatory approval after early termination. May 11, 2026 Regulatory approval. February 26, 2026 Deal announcement. Shareholders of Brink’s + NCR Atleos overwhelmingly approve the acquisition. June
Slide 5: AMS/DRS Continues Strong Performance
5 $359 $530 $743 $1,012 $1,212 $1,462 10% 13% 16% 21% 24% 28% 31.6% 2020 2021 2022 2023 2024 2025 2026 Target AMS/DRS Cash & Valuables Mgmt AMS/DRS Percent of Total AMS/DRS Continues Strong Performance • Continued underlying organic revenue growth • Strong precious metal shipping trends in Q2 • Acce
Slide 6: North America Enterprise Retail Chain Transforms Cash Handling with DRS
6 Dynamic service model ~ 5,500 total devices Allpoint network footprint Providing Solutions Today while Enhancing Network Density Upon Deal Completion Increased labor productivity Reduced shrink and theft Faster access to working capital Scalable solution to fuel retail growth Increased customer se
Slide 7: Mandiri Bank Enhances its ATM Services with Brink's AMS
7 Mandiri Bank Enhances its ATM Services with Brink’s AMS Indonesia’s Largest National Bank Partners with Brink’s to Manage their ATM Network ~5,000 ATMs with ~13,000 network potential Partnering to deliver better operational efficiencies with scalable AMS technology & services Additional expansion
Slide 8: Margin Expansion Momentum Continues in North America
8 $129 $168 $154 $217 $228 $259 $276 $332 $352 11.7% 12.3% 12.2% 15.4% 14.4% 16.2% 16.8% 19.0% 19.8% 2018 2019 2020 2021 2022 2023 2024 2025 2026 2Q TTM Pandemic Margin Expansion Momentum Continues in North America North America Adj. EBITDA and Adj. EBITDA Margins Adjusted EBITDA Margins Continue to
Slide 9: Q2 Financial Results
Q2 Financial Results
Slide 10: Second-Quarter 2026 Results
10 Second-Quarter 2026 Results (non-GAAP, $ millions, except EPS) Notes: See detailed reconciliations of non-GAAP to GAAP results included in the Second Quarter 2026 Earnings Release available in the Results section of the Brink’s website www.brinks.com. See detailed reconciliations of non-GAAP to G
Slide 11: Second-Quarter 2026 Revenue and Adjusted EBITDA vs 2025
11 Second-Quarter 2026 Revenue and Adjusted EBITDA vs 2025 (non-GAAP, $ millions) Revenue $1,301 $4 $50 $1 $1,355 $37 $1,392 2025 Revenue Organic Cash & Valuables Mgmt. Organic DRS & AMS Acq / Disp* 2026 Constant Currency Revenue FX 2026 Revenue Notes: Amounts may not add due to rounding. See detail
Slide 12: Second-Quarter 2026 Adjusted EBITDA vs 2025
12 $190 ( $63 ) ( $34 ) ( $4 ) $88 $64 $63 $34 $8 $257 Op Profit Interest Expense Taxes Interest Income & Other Income from Continuing Ops D&A Interest Expense Taxes Stock Comp & Other Adj. EBITDA Second-Quarter 2026 Adjusted EBITDA vs 2025 (non-GAAP, $ millions) 18.5% Margin 13.6% Margin Notes: Amo
Slide 13: 2026 Capital Allocation Framework
13 2026 Capital Allocation Framework Notes: See detailed reconciliations of non-GAAP to GAAP results in the Appendix and included in the Second Quarter 2026 Earnings Release available in the Quarterly Results section of the Brink’s website www.brinks.com. Capital allocation priorities not shown in p
Slide 14: Full Year 2026 Framework and Third Quarter 2026 Guidance
14 Full Year 2026 Framework and Third Quarter 2026 Guidance (non-GAAP, $ millions, except EPS) The 2026 Non-GAAP outlook amounts cannot be reconciled to GAAP without unreasonable effort, as we are unable to accurately forecast certain amounts that are necessary for reconciliation, including the impa
Slide 15: Consistent Value Creation Strategy
15 Consistent Value Creation Strategy Grow Organically Expand Profit Margins Improve FCF Conversion Maximize Shareholder Value Mid-to-high teens AMS/DRS driving mid- single digit total growth FCF conversion target between 40-45% Combined net leverage1,3 below 3x by end of 2027, ~$1B of free cash flo
Slide 16: Appendix
Appendix
Slide 17: Second-Quarter 2026 Revenue & Adjusted EBITDA by Segment vs 2025
17 Second-Quarter 2026 Revenue & Adjusted EBITDA by Segment vs 2025 ($ millions) Notes: See detailed reconciliation of non-GAAP to GAAP Segment Adjusted EBITDA results in the Appendix. Constant currency represents 2026 results at 2025 exchange rates. $434 $445 2025 2026 $83 $92 2025 2026 19.2% Margi
Slide 18: Second-Quarter 2026 Revenue & Operating Profit by Segment vs 2025
18 Second-Quarter 2026 Revenue & Operating Profit by Segment vs 2025 ($ millions) Note: Constant currency represents 2026 results at 2025 exchange rates. $434 $445 2025 2026 $62 $70 2025 2026 14.3% Margin 15.7% Margin $319 $352 2025 2026 $55 $61 2025 2026 17.2% Margin 17.2% Margin $189 $219 2025 202
Slide 19: Net Debt and Net Leverage
19 Net Debt and Net Leverage Note: See detailed reconciliations of non-GAAP to GAAP results in the Appendix and included in the Second Quarter 2026 Earnings Release available in the Quarterly Results section of the Brink’s website www.brinks.com. Amounts may not add due to rounding 1. Net of unamort
Slide 20: 2024 Non-GAAP Results Reconciled to GAAP
20 2024 Non-GAAP Results Reconciled to GAAP The Brink’s Company and subsidiaries (In millions, except for per share amounts) Amounts may not add due to rounding. (a) See “Other Items Not Allocated To Segments” on slides 22-26 for details. (b) See "Reconciliations of Non-GAAP to GAAP Measures" on sli
Slide 21: Non-GAAP Results Reconciled to GAAP (2018-2024 Adj EBITDA)
21 Non-GAAP Results Reconciled to GAAP (2018-2024 Adj EBITDA) The Brink’s Company and subsidiaries (In millions, except for per share amounts) Non-GAAP results should not be considered as an alternative to results determined in accordance with GAAP and should be read in conjunction with their GAAP c
Slide 22: Other Items Not Allocated to Segments (Unaudited)
22 Other Items Not Allocated to Segments (Unaudited) The Brink’s Company and subsidiaries (In millions) Brink’s measures its segment results before income and expenses for corporate activities and for certain other items. See below for a summary of the other items not allocated to segments. Reorgani
Slide 23: Other Items Not Allocated to Segments (Unaudited)
23 Other Items Not Allocated to Segments (Unaudited) The Brink’s Company and subsidiaries (In millions) 2024 Acquisitions and Dispositions • Amortization expense for acquisition-related intangible assets was $58.3 million in 2024. • Net charges of $2.4 million were incurred for post-acquisition adju
Slide 24: Other Items Not Allocated to Segments (Unaudited)
24 Other Items Not Allocated to Segments (Unaudited) The Brink’s Company and subsidiaries (In millions) 2021 Acquisitions and Dispositions • Amortization expense for acquisition-related intangible assets was $47.7 million in 2021. • We incurred $10.5 million in integration costs, primarily related t
Slide 25: Other Items Not Allocated to Segments (Unaudited)
25 Other Items Not Allocated to Segments (Unaudited) The Brink’s Company and subsidiaries (In millions) Argentina highly inflationary impact Beginning in the third quarter of 2018, we designated Argentina's economy as highly inflationary for accounting purposes. As a result, Argentine peso-denominat
Slide 26: Other Items Not Allocated to Segments (Unaudited)
26 Other Items Not Allocated to Segments (Unaudited) The Brink’s Company and subsidiaries (In millions) Ship loss matter In 2015, Brink’s placed cargo containing customer valuables on a ship which suffered extensive damages and losses of cargo. Our cargo did not suffer any damage. However, the ship
Slide 27: Non-GAAP Measures and Reconciliations to GAAP Measures
27 Non-GAAP Measures and Reconciliations to GAAP Measures Non-GAAP measures described below and included in this filing are financial measures that are not required by or presented in accordance with GAAP. The purpose of the disclosure of these non-GAAP measures is to report financial information fr
Slide 28: Non-GAAP Measures and Reconciliations to GAAP Measures
28 Non-GAAP Measures and Reconciliations to GAAP Measures In addition to the rationale described above, we believe the following non-GAAP metrics are helpful in assessing cash flow and financial leverage consistent with how our management evaluates performance: Free Cash Flow before Dividends: This
Slide 29: 2018-2020 Non-GAAP Reconciliation – Segment Adjusted EBITDA
29 2018-2020 Non-GAAP Reconciliation – Segment Adjusted EBITDA The Brink’s Company and subsidiaries (In millions) 202020192018Segment Adjusted EBITDA: Full YearFull YearFull Year Segment Adjusted EBITDA Add back: Depreciation and amortization GAAP amounts Segment Adjusted EBITDA Add back: Depreciati
Slide 30: 2021-2023 Non-GAAP Reconciliation – Segment Adjusted EBITDA
30 2021-2023 Non-GAAP Reconciliation – Segment Adjusted EBITDA The Brink’s Company and subsidiaries (In millions) 202320222021Segment Adjusted EBITDA: Full YearFull YearFull Year Segment Adjusted EBITDA Add back: Depreciati on and amortizati on GAAP amounts Segment Adjusted EBITDA Add back: Deprecia
Slide 31: 2018-2023 Adjusted EBITDA Reconciliation
31 2018-2023 Adjusted EBITDA Reconciliation The Brink’s Company and subsidiaries (In millions) (a) See detailed reconciliations of the 2018 to 2020 Segment Adjusted EBITDA on slide 29. See detailed reconciliations of the 2021 to 2023 Segment Adjusted EBITDA on slide 30. (b) See detailed reconciliati
Slide 32: 2018-2023 Non-GAAP Results Reconciled to GAAP
32 2018-2023 Non-GAAP Results Reconciled to GAAP The Brink’s Company and subsidiaries (In millions) (a) See “Other Items Not Allocated To Segments” details for the full years ended 2018-2023 on slides 22-26 for details. (b) See "Reconciliations of Non-GAAP to GAAP Measures" on slides 27-28 for detai
Slide 33: 2024-2025 Non-GAAP Reconciliation – Segment Adjusted EBITDA
33 2024-2025 Non-GAAP Reconciliation – Segment Adjusted EBITDA The Brink’s Company and subsidiaries (In millions) 20252024Segment Adjusted EBITDA: Full YearQ2Q1Full Year Segment Adjusted EBITDA Add back: Depreciation and amortization GAAP amounts Segment Adjusted EBITDA Add back: Depreciation and am
Slide 34: Q1-Q2 2026 Non-GAAP Reconciliation – Segment Adjusted EBITDA
34 Q1-Q2 2026 Non-GAAP Reconciliation – Segment Adjusted EBITDA The Brink’s Company and subsidiaries (In millions) 2026Segment Adjusted EBITDA: Q2Q1 Segment Adjusted EBITDA Add back: Depreciation and amortization GAAP amounts Segment Adjusted EBITDA Add back: Depreciation and amortization GAAP amoun
Slide 35: 2024-2026 Adjusted EBITDA Reconciliation
35 2024-2026 Adjusted EBITDA Reconciliation The Brink’s Company and subsidiaries (In millions) (a) See detailed reconciliations of the First and Second Quarter 2026 on slide 34. See detailed reconciliations of the First and Second Quarter 2025, the full year 2025, and the full year 2024 Segment Adju
Slide 36: 2024-2026 Non-GAAP Results Reconciled to GAAP
36 2024-2026 Non-GAAP Results Reconciled to GAAP The Brink’s Company and subsidiaries (In millions) (a) See “Other Items Not Allocated to Segments” details for the full year ended 2024 on slides 22-26 for details. See “Other Items Not Allocated To Segments” details included in the Second Quarter 202
Slide 37: 2023-2024 Non-GAAP Reconciliation – Cash Flows
37 2023-2024 Non-GAAP Reconciliation – Cash Flows The Brink’s Company and subsidiaries (In millions) (a) Free cash flow before dividends is a supplemental financial measure that is not required by, or presented in accordance with, GAAP. See slides 27-28 for further information and descriptions of th
Slide 38: 2025-2026 Non-GAAP Reconciliation – Net Debt
38 2025-2026 Non-GAAP Reconciliation – Net Debt The Brink’s Company and subsidiaries (In millions) a) Net Debt is a supplemental non-GAAP financial measure that is not required by or presented in accordance with GAAP. See slides 27-28 for further information and descriptions of the adjustments. Incl