NCR Atleos Corporation Unveils Second-Quarter Performance Summary for 2025
NCR Atleos Corporation Reports Strong Second Quarter Results
NCR Atleos Corporation, a leading provider of ATM outsourcing services and hardware solutions, has announced its financial results for the second quarter of 2025. The company reported a significant growth in earnings, revenue, and profitability, driven by strong demand for its services and hardware products.
The GAAP diluted earnings per share of NCR Atleos Corporation for the second quarter grew 46% year over year, reaching $0.60. This was accompanied by a 4% year-over-year increase in Adjusted EBITDA to $205 million, with an Adjusted EBITDA margin expanding 40 basis points year-over-year to 18.6%. Income from operations also saw an 11% year-over-year increase to $120 million on a GAAP basis.
The non-GAAP diluted earnings per share grew 9% year over year, reaching $0.93. The Adjusted gross profit remained unchanged year-over-year at $275 million, while the Adjusted gross margin (non-GAAP) decreased 50 basis points year-over-year to 24.9%.
Revenue for the quarter was $1.10 billion, marking a 2% increase year-over-year. The key growth drivers for the quarter were significant growth in ATM outsourcing services and strong demand for hardware, which contributed to the 2% increase in revenue. Moreover, 70% of the total revenue came from recurring revenue streams, supporting the company's sustainable financial performance.
Recurring revenue for the quarter was $773 million, and gross profit was $253 million on a GAAP basis, an increase of 1% year-over-year. Gross margin decreased 30 basis points year-over-year to 22.9% on a GAAP basis.
Net cash used by operating activities was $23 million in the second quarter, and Adjusted free cash flow-unrestricted was $15 million. The company also announced a $200 million share repurchase authorization, representing approximately 10% of NCR Atleos Corporation's current market capitalization.
Tim Oliver, President and Chief Executive Officer of NCR Atleos Corporation, expressed confidence in the company's full year 2025 guidance. The company reported a second quarter profit and earnings at the high-end of previously provided guidance ranges.
In conclusion, NCR Atleos Corporation has reported strong financial results for the second quarter of 2025, demonstrating its ability to deliver growth and profitability. The company's focus on recurring revenue streams, coupled with the significant growth in ATM outsourcing services and strong demand for hardware, positions NCR Atleos Corporation well for continued success in the future.
The strong financial results of NCR Atleos Corporation, as reported in Q2 2025, indicate a promising future in the realm of banking technology and finance. The company's earnings growth and profitability, attributed to demand for its services and hardware products, suggest potential opportunities for investors interested in the business sector.
