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NCR Voyix (VYX) investor relations material
NCR Voyix Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue fell 20% YoY to $539M from $677M, primarily due to the hardware transition; excluding its impact, revenue declined 3%.
Six enterprise VCP signings lifted RCV to $440M, up 151% YoY and 54% sequentially; 35 customers had embedded VCP applications.
The Japan bank technology solutions sale closed September 30, supporting the strategic exit from banking and focus on Retail and Restaurants.
Financial highlights
Q3 revenue was $539M; service revenue rose 5% to $504M while product revenue fell 82% to $35M. Recurring revenue grew 1% to $428M, and recurring software revenue rose to $208M from $202M.
Adjusted EBITDA was $120M versus $123M; margin increased to 22.3% from 18.2%. Non-GAAP diluted EPS rose to $0.32 from $0.30.
Income from continuing operations was $14M versus an $18M loss; operating income was $42M versus $14M, and net income attributable to common stockholders was $21M versus a $22M loss.
Diluted EPS from continuing operations was $0.08 versus a $0.15 loss; overall diluted EPS was $0.15 versus a $0.16 loss.
Adjusted free cash flow was $62M before restructuring; restructuring outflows were $43M, including a $24M one-time litigation payment.
Outlook and guidance
FY26 revenue guidance remains $2,188M–$2,303M, now expected at the lower end; Adjusted EBITDA guidance is $432M–$447M, non-GAAP diluted EPS is $0.89–$0.92, and adjusted free cash flow before restructuring is $190M–$220M.
More than three-quarters of $1.2B in remaining performance obligations is expected to convert to revenue over the next 12 months.
Aloha Next availability to the SME market in 2027 is expected to support restaurant stabilization; the store-in-a-box offer remains on track for year-end launch.
Liquidity is expected to cover operating needs, debt service, benefit contributions, environmental remediation, and restructuring commitments; 2026 contributions are projected at $12M for international pensions and $26M for postemployment plans.
- Recurring revenue and adjusted EBITDA rose, margins improved, and guidance was reaffirmed.VYX
Q2 2026 - Modernization and new payment integrations position the company for accelerated growth.VYX
Global Technology, Internet, Media & Telecommunications Conference 2025 - Transformation to a software and payments-focused model drives growth and margin expansion.VYX
RBC Capital Markets Global Financial Technology Conference - All proposals passed, with a continued focus on SaaS growth and strategic repositioning.VYX
AGM 2026 - AI-driven modernization and bundled payments fuel growth as the business shifts to software focus.VYX
21st Annual Needham Technology, Media, & Consumer Conference - Adjusted EBITDA rose 5% on flat revenue as recurring revenue and cost actions drove profitability.VYX
Q1 2026 - Abstentions and broker non-votes will not impact voting outcomes for key 2026 proposals.VYX
Proxy filing - Adjusted EBITDA up 19% as recurring revenue rises and portfolio shifts reshape results.VYX
Q1 2025 - Margin and recurring revenue growth offset revenue declines, supporting a strong 2025 outlook.VYX
Q4 2024
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