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NCR Voyix (VYX) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 6, 2025

NCR Voyix (VYX) reported revenue of $684M for the third quarter 2025 (Q3 2025), -3% from a year earlier and +4% from the quarter before. Operating margin was 2.2%, net loss $19.0M (2.8% of revenue).

Revenue$684M
Year over year-3%
Quarter over quarter+4%
Operating margin2.2%
Net earnings−$19.0M

NCR Voyix, Q3 2025: revenue $684M (-3% year over year), operating margin 2.2%, net loss $19.0M, operating cash flow $14.0M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$684M+4%-3%
Operating profit$15.0M+7%—
Net earnings−$19.0M——
Operating cash flow$14.0M—+27%
Free cash flow$10.0M—+11%

What changed

Revenue was $684.0M in Q3 2025, down 3% year over year and up 4% from the previous quarter. Recurring revenue was the largest line at 62% of revenue. All other products and services lost $44.0M year over year (down 15%), 183% of the total change.

Operating profit was $15.0M, a 2.2% margin (down 0.1 points year over year). The quarter ended with a net loss of $19.0M, after a profit of $0K the previous quarter. Net interest and other expense of $40.0M was the main reason.

Operating cash flow was $14.0M (up 27% year over year). Non-cash charges added back $55.0M of depreciation and amortization and $8.0M of share-based compensation. Working capital and other items used $30.0M. Capital expenditures of $4.0M left free cash flow of $10.0M.

Questions

What was NCR Voyix's revenue in the third quarter 2025?

NCR Voyix (VYX) reported revenue of $684M for the third quarter 2025 (Q3 2025), -3% from a year earlier and +4% from the quarter before.

Was NCR Voyix profitable in the third quarter 2025?

Operating profit was $15.0M (2.2% of revenue) and net loss $19.0M.

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Source: NCR Voyix 10-Q on SEC EDGAR.