Filing Flows › NCR Atleos (NATL) › Q2 2026 › vs Q2 2025
NCR Atleos (NATL) Q2 2026 vs Q2 2025 (year over year)
NCR Atleos's revenue rose $1.0M (+0.1%) from $1.1B in Q2 2025 to $1.1B in Q2 2026. The biggest changes: Recurring revenue +$4.0M (+0.5%); All other products and services −$3.0M (-0.9%). Operating margin 14.1% against 10.8% (+3.3 pts).
NCR Atleos, Q2 2026: revenue $1.1B (+0.1% year over year), operating margin 14.1%, net earnings $65.0M, operating cash flow $30.0M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 14.1% | 10.8% | +3.3 pts |
| Net margin | 5.9% | 3.4% | +2.4 pts |
| Free cash flow margin | 0.4% | -4.2% | +4.5 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Recurring revenue | $776M | $772M | $4.0M | +0.5% |
| All other products and services | $327M | $330M | −$3.0M | -0.9% |
| Revenue | $1.1B | $1.1B | $1.0M | +0.1% |
| Operating profit | $156M | $119M | $37.0M | +31% |
| Costs & expenses | $947M | $983M | −$36.0M | -4% |
| Pre-tax earnings | $90.0M | $57.0M | $33.0M | +58% |
| Other expense, net | $66.0M | $62.0M | $4.0M | +6% |
| Research & development | $20.0M | $17.0M | $3.0M | +18% |
| SG&A | $133M | $116M | $17.0M | +15% |
| Other operating costs | $794M | $850M | −$56.0M | -7% |
| Net earnings | $65.0M | $38.0M | $27.0M | +71% |
| Income tax | $25.0M | $19.0M | $6.0M | +32% |
| Operating cash sources | $147M | $118M | $29.0M | +25% |
| Depreciation & amortization | $72.0M | $72.0M | $0 | 0% |
| Share-based compensation | $10.0M | $8.0M | $2.0M | +25% |
| Working capital & other | $117M | $143M | −$26.0M | -18% |
| Operating cash flow | $30.0M | −$25.0M | $55.0M | — |
| Free cash flow (OCF − capex) | $4.0M | −$46.0M | $50.0M | — |
| Capital expenditures | $26.0M | $21.0M | $5.0M | +24% |
Questions
How much did NCR Atleos's revenue grow year over year in Q2 2026?
NCR Atleos's revenue rose $1.0M (+0.1%) from $1.1B in Q2 2025 to $1.1B in Q2 2026.
What drove NCR Atleos's revenue change in Q2 2026?
Recurring revenue +$4.0M (+0.5%); All other products and services −$3.0M (-0.9%).