Filing Flows › NCR Atleos (NATL) › Q4 2025
NCR Atleos (NATL) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 27, 2026
NCR Atleos (NATL) reported revenue of $1.2B for the fourth quarter 2025 (Q4 2025), +4% from a year earlier and +3% from the quarter before. Operating margin was 13.5%, net earnings $83.0M (7.2% of revenue).
NCR Atleos, Q4 2025: revenue $1.2B (+4% year over year), operating margin 13.5%, net earnings $83.0M, operating cash flow $231M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +3% | +4% |
| Operating profit | $156M | +42% | +5% |
| Net earnings | $83.0M | +219% | +102% |
| Operating cash flow | $231M | +756% | +189% |
| Free cash flow | $194M | — | +213% |
What changed
Revenue was $1.2B in Q4 2025, up 4% year over year and up 3% from the previous quarter. Service was the largest line at 74% of revenue.
Operating profit was $0.16B, a 13.5% margin (up 0.1 points year over year). Of the extra revenue versus a year earlier, 16% reached operating profit, above the 13% margin then. Total costs grew 4% against revenue growth of 4%. Net earnings were $0.08B, up 102% year over year. The effective tax rate was -10.4%.
Operating cash flow was $0.23B (up 189% year over year), 272% of net income including minority interests. Non-cash charges added back $0.07B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.07B. Capital expenditures of $0.04B left free cash flow of $0.19B.
Questions
What was NCR Atleos' revenue in the fourth quarter 2025?
NCR Atleos (NATL) reported revenue of $1.2B for the fourth quarter 2025 (Q4 2025), +4% from a year earlier and +3% from the quarter before.
Was NCR Atleos profitable in the fourth quarter 2025?
Operating profit was $156M (13.5% of revenue) and net earnings $83.0M.
Source: NCR Atleos 10-K on SEC EDGAR.