NCR Atleos Corp NATL
NCR Atleos Corporation ("Atleos," the "Company," "we," "us," and "our") is an industry-leading financial technology company providing self-directed banking solutions to a global customer base including financial institutions, merchants, manufacturers, retailers and consumers. Self-directed banking is a rapidly growing, secular trend that allows banking customers to transact seamlessly between various channels all for the same transaction. Our comprehensive solutions enable the acceleration of self-directed banking through automated teller machine ("ATM") and interactive teller machine ("ITM") technology, including software, services, hardware and our proprietary Allpoint network. While we provide all our solutions on a modular basis, we have also assembled these capabilities into a turnkey, end-to-end platform which we have branded "ATM as a Service." On October 16, 2023, we completed our separation from NCR Corporation (now known as NCR Voyix Corporation or "Voyix" and referred to as "NCR" prior to the Separation) and launched as an independent publicly-traded company (the "Separation" or "Spin-off"). Additional information about the Separation can be found in Note 1, "Basis of Presentation and Significant Accounting Policies", in Part II, Item 8 of this Annual Report on Form 10-K.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Europe, Middle East and Africa
- Americas (excluding United States)
- Asia Pacific
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $1.95B | $1.93B | $1.89B |
| Europe, Middle East and Africa | $1.37B | $1.34B | $1.25B |
| Americas (excluding United States) | $541.0M | $517.0M | $534.0M |
| Asia Pacific | $488.0M | $525.0M | $511.0M |
As the company reported it, from the “SEGMENT INFORMATION AND CONCENTRATIONS - Geographic Area (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $4.35B | $4.30B | $4.19B | $4.12B | $3.55B | — |
| R&D | $70.0M | $62.0M | $80.0M | $64.0M | $107.0M | — |
| SG&A | $513.0M | $521.0M | $585.0M | $586.0M | $537.0M | — |
| Total operating expenses | $3.88B | $3.87B | $3.92B | $3.86B | $3.30B | — |
| Operating income | $478.0M | $437.0M | $263.0M | $258.0M | $248.0M | — |
| Interest expense | $270.0M | $309.0M | $90.0M | $31.0M | $49.0M | — |
| Pre-tax income | $189.0M | $125.0M | $89.0M | $146.0M | $251.0M | — |
| Income tax | $27.0M | $44.0M | $237.0M | $48.0M | $64.0M | — |
| Net income | $162.0M | $80.0M | -$150.0M | $99.0M | $186.0M | — |
| EPS, basic | 2.20 | 1.11 | -2.12 | 1.40 | 2.63 | — |
| EPS, diluted | 2.14 | 1.08 | -2.12 | 1.40 | 2.63 | — |
| Shares, diluted (wtd. avg.) | 75.6M | 74.2M | 70.6M | 70.6M | 70.6M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and equivalents | $456.0M | $419.0M | $339.0M | $499.0M | $470.0M | $170.0M |
| Receivables | $550.0M | $581.0M | $707.0M | $455.0M | — | — |
| Inventory | $342.0M | $307.0M | $333.0M | $419.0M | — | — |
| Total current assets | $1.82B | $1.75B | $1.86B | $1.65B | — | — |
| Property, plant and equipment | $511.0M | $474.0M | $468.0M | $412.0M | — | — |
| Goodwill | $1.96B | $1.95B | $1.95B | $1.95B | $1.91B | — |
| Other intangibles | $498.0M | $550.0M | $635.0M | $729.0M | — | — |
| Total assets | $5.67B | $5.54B | $5.70B | $5.77B | — | — |
| Accounts payable | $617.0M | $564.0M | $505.0M | — | — | — |
| Short-term debt | $86.0M | $81.0M | $76.0M | — | — | — |
| Total current liabilities | $1.90B | $1.72B | $1.77B | $1.37B | — | — |
| Long-term debt | $2.67B | $2.86B | $2.94B | — | — | — |
| Total liabilities | $5.27B | $5.31B | $5.48B | $2.51B | — | — |
| Retained earnings | $299.0M | $188.0M | $117.0M | $0 | — | — |
| Total equity | $403.0M | $219.0M | $222.0M | $3.25B | $2.33B | $905.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | $356.0M | $344.0M | $355.0M | $274.0M | $449.0M | — |
| Depreciation and amortisation | $277.0M | $287.0M | $254.0M | $127.0M | $72.0M | — |
| Stock-based compensation | $34.0M | $38.0M | $68.0M | $66.0M | $82.0M | — |
| Capital expenditure | $117.0M | $87.0M | $108.0M | $58.0M | $80.0M | — |
| Investing cash flow | -$116.0M | -$135.0M | -$316.0M | -$417.0M | -$2.49B | — |
| Financing cash flow | -$253.0M | -$134.0M | $31.0M | $183.0M | $2.35B | — |
| Buybacks | $28.0M | $0 | $0 | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-012576.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | — | $3.55B | $4.12B | $4.19B | $4.30B | $4.35B |
| Gross profit | — | — | — | — | — | — |
| Net income | — | $186.0M | $99.0M | -$150.0M | $80.0M | $162.0M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Shareholder vote Item 5.07
- Results announced Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Material agreement signed Item 1.01
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 3578
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| DBD | DIEBOLD NIXDORF, Inc | $2.35B | 27.2x | 1.5% |
| VYX | NCR Voyix Corp | $1.16B | 28.0x | -4.6% |
| PAR | PAR TECHNOLOGY CORP | $738.3M | — | 30.2% |