Filing Flows › NCR Atleos (NATL) › Q3 2025
NCR Atleos (NATL) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
NCR Atleos (NATL) reported revenue of $1.1B for the third quarter 2025 (Q3 2025), +4% from a year earlier and +2% from the quarter before. Operating margin was 9.8%, net earnings $26.0M (2.3% of revenue).
NCR Atleos, Q3 2025: revenue $1.1B (+4% year over year), operating margin 9.8%, net earnings $26.0M, operating cash flow $27.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +2% | +4% |
| Operating profit | $110M | -8% | -4% |
| Net earnings | $26.0M | -32% | +30% |
| Operating cash flow | $27.0M | — | -75% |
What changed
Revenue was $1.1B in Q3 2025, up 4% year over year and up 2% from the previous quarter. Recurring revenue was the largest line at 70% of revenue. All other products and services added $0.05B year over year (up 17%), 104% of the total change.
Operating profit was $0.11B, a 9.8% margin (down 0.8 points year over year). Operating profit fell $4.0M even though revenue rose $0.05B versus a year earlier, so costs grew faster than sales. Total costs grew 5% against revenue growth of 4%. The fastest-growing cost line was Research & development (+20%). Net earnings were $0.03B, up 24% year over year. The effective tax rate was 21.2%.
Operating cash flow was $0.03B (down 75% year over year), 104% of net earnings. Non-cash charges added back $0.07B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.08B. Capital expenditures of $0.03B exceeded it, leaving free cash flow of −$3.0M.
Questions
What was NCR Atleos' revenue in the third quarter 2025?
NCR Atleos (NATL) reported revenue of $1.1B for the third quarter 2025 (Q3 2025), +4% from a year earlier and +2% from the quarter before.
Was NCR Atleos profitable in the third quarter 2025?
Operating profit was $110M (9.8% of revenue) and net earnings $26.0M.
Source: NCR Atleos 10-Q on SEC EDGAR.