Filing Flows › NCR Atleos (NATL) › Q2 2025
NCR Atleos (NATL) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
NCR Atleos (NATL) reported revenue of $1.1B for the second quarter 2025 (Q2 2025), +2% from a year earlier and +13% from the quarter before. Operating margin was 10.8%, net earnings $45.0M (4.1% of revenue).
NCR Atleos, Q2 2025: revenue $1.1B (+2% year over year), operating margin 10.8%, net earnings $45.0M, operating cash flow −$25.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +13% | +2% |
| Operating profit | $119M | +28% | +12% |
| Net earnings | $45.0M | +165% | +67% |
| Operating cash flow | −$25.0M | -120% | — |
What changed
Revenue was $1.1B in Q2 2025, up 2% year over year and up 13% from the previous quarter. Recurring revenue was the largest line at 70% of revenue. All other products and services added $0.04B year over year (up 15%), 179% of the total change. Recurring revenue declined 2%.
Operating profit was $0.12B, a 10.8% margin (up 1.0 points year over year). Of the extra revenue versus a year earlier, 54% reached operating profit, above the 10% margin then. Total costs grew 1% against revenue growth of 2%. The fastest-growing cost line was Research & development (+55%). Net earnings were $0.04B, up 67% year over year. The effective tax rate was 30.2%.
Operating cash flow was −$0.03B. Non-cash charges added back $0.07B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.15B. Capital expenditures of $0.02B exceeded it, leaving free cash flow of −$0.05B.
Questions
What was NCR Atleos' revenue in the second quarter 2025?
NCR Atleos (NATL) reported revenue of $1.1B for the second quarter 2025 (Q2 2025), +2% from a year earlier and +13% from the quarter before.
Was NCR Atleos profitable in the second quarter 2025?
Operating profit was $119M (10.8% of revenue) and net earnings $45.0M.
Source: NCR Atleos 10-Q on SEC EDGAR.