NCR Atleos Corporation Reports Strong First Quarter 2026 Results with 7% Revenue Growth

About this update from Ncr Atleos Corporation

ATLANTA, May 06, 2026--(BUSINESS WIRE)--NCR Atleos Corporation (NYSE: NATL) ("Atleos"), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today reported first quarter 2026 results. Key highlights include: Tim Oliver, Atleos’ Chief Executive Officer, said, "NCR Atleos delivered another strong quarter of financial results. Our service-led growth initiatives continue to pay dividends as financial institutions and retailers increasingly select our differentiated and comprehensive self-service banking offering. ATM hardware revenue grew 23% year-over-year further extending our global install base and driving meaningful, multi-year recurring revenue from attached services and licensed software. ATM as a Service business increased approximately 30% driven by continued growth in North America and Asia, as well as new expansion into Latin America and Europe. "During the quarter, we continued the global rollout of our AI‑enabled dispatch solution across Europe, delivering improved efficiency, customer satisfaction and cost savings. The Europe rollout follows the successful implementation of our AI dispatch solution last year in North America. "The regulatory and administrative processes required to complete our proposed transaction with The Brink’s Company are underway and we continue to target a closing by the end of the first quarter of 2027. We expect that combining the complementary businesses of Brink’s and Atleos will enable us to enhance offerings to financial institutions and retailers, and we continue to aim to expand financial access for customers. The transaction will deliver significant value to our shareholders and create new opportunities for our employees," Mr. Oliver concluded. Andy Wamser, Chief Financial Officer, added, "Despite a volatile backdrop, we again delivered results that met our internal plan. We anticipate continued sequential growth in earnings and free cash flow, coupled with improved net leverage as we progress through the year." Key Financial Highlights First Quarter 2026 Operating Results Revenue Total Revenue increased 7% or $64 million, to $1.04 billion in the first quarter of 2026, including $754 million of recurring revenue, compared to $979 million and $741 million, respectively, in the prior year period. Revenue growth was driven by...

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