NCR Voyix Corporation (VYX) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q3 26	$0.15	$0.17	+13.3%	—	—	—
Q2 26	$0.07	$0.1	+42.9%	—	—	—
Q1 26	$0.29	$0.31	+6.9%	—	—	—
Q4 25	$0.21	$0.31	+47.6%	—	—	—
Q3 25	$0.13	$0.19	+46.2%	—	—	—
Q2 25	$0.02	$0.09	+350.0%	—	—	—
Q1 25	$0.14	$0.22	+57.1%	—	—	—
Q4 24	$0.17	$0.09	-47.1%	—	—	—
Q3 24	$0.03	$0.13	+333.3%	—	—	—
Q2 24	$0.62	-$3.42	-651.6%	—	—	—
Q1 24	$0.98	$0.95	-3.1%	—	—	—
Q4 23	$0.74	$0.94	+27.0%	—	—	—
Q3 23	$0.49	$0.56	+14.3%	—	—	—
Q2 23	$0.81	$0.79	-2.5%	—	—	—
Q1 23	$0.77	$0.8	+3.9%	—	—	—
Q4 22	$0.61	$0.71	+16.4%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$0.3	—	—	$2.7B	—
FY24	—	$6.52	—	—	$2.8B	—
FY23	—	-$3.12	—	—	$3.8B	—
FY22	—	$0.32	—	—	$3.8B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$6.5B	$6.5B	$6.4B	$6.9B	$6.2B	$3.7B	$3.8B	$3.8B	$2.8B	$2.7B
YoY change	+2.67%	-0.41%	-1.7%	+7.96%	-10.2%	-40.5%	+2.74%	+0.98%	-26.2%	-4.92%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	6.5B	6.5B	6.4B	6.9B	6.2B	3.7B	3.8B	3.8B	2.8B	2.7B
Cost of revenue	4.7B	4.7B	4.7B	5B	4.7B	2.8B	2.8B	2.9B	2.2B	2.1B
Gross profit	1.8B	1.9B	1.7B	1.9B	1.5B	925M	978M	962M	579M	634M
Gross margin	27.8%	28.5%	26.2%	27.8%	24.6%	25.1%	25.8%	25.1%	20.5%	23.6%
Research & development	225M	241M	252M	259M	234M	195M	147M	185M	157M	155M
Selling, general & administrative	979M	938M	960M	1.1B	1.1B	695M	655M	748M	459M	453M
Operating expenses	1.2B	1.2B	1.2B	1.4B	1.3B	890M	802M	933M	616M	608M
Operating income	614M	676M	463M	529M	190M	35M	176M	29M	-37M	26M
Operating margin	9.38%	10.4%	7.23%	7.65%	3.06%	0.95%	4.64%	0.76%	-1.31%	0.97%
Non-operating income, net	-61M	-26M	-253M	11M	-34M	-45M	-26M	-102M	-13M	-1M
Pretax income	379M	482M	39M	341M	-59M	-267M	-131M	-382M	-199M	-31M
Income tax	92M	242M	73M	-273M	-53M	70M	72M	204M	4M	-73M
Net income	274M	235M	-86M	564M	-78M	98M	59M	-423M	957M	62M
Net margin	4.19%	3.61%	-1.34%	8.16%	-1.26%	2.65%	1.56%	-11%	33.9%	2.31%
EBITDA	954M	1B	790M	857M	557M	532M	781M	545M	254M	263M
EPS	1.76	1.01	-1.16	3.72	-0.86	0.62	0.32	-3.12	6.52	0.3
Diluted EPS	1.71	0.97	-1.16	3.36	-0.86	0.58	0.31	-3.12	6.52	0.3

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	809M	-2.1B	862M	876M	711M	682M	617M	666M	684M	720M	606M	523M
Cost of revenue	614M	-1.4B	666M	685M	545M	533M	482M	513M	518M	540M	476M	367M
Gross profit	195M	-669M	196M	191M	166M	149M	135M	153M	166M	180M	130M	156M
Gross margin	24.1%	32.4%	22.7%	21.8%	23.3%	21.8%	21.9%	23%	24.3%	25%	21.5%	29.8%
Research & development	29M	10M	60M	55M	38M	28M	40M	32M	40M	43M	39M	30M
Selling, general & administrative	143M	-227M	132M	140M	113M	119M	115M	107M	111M	120M	110M	112M
Operating expenses	172M	-217M	192M	195M	151M	147M	155M	139M	151M	163M	149M	142M
Operating income	23M	-452M	4M	-4M	15M	2M	-20M	14M	15M	17M	-19M	14M
Operating margin	2.84%	21.9%	0.46%	-0.46%	2.11%	0.29%	-3.24%	2.1%	2.19%	2.36%	-3.14%	2.68%
Non-operating income, net	-18M	-74M	-14M	1M	1M	1M	3M	-3M	-22M	21M	-6M	-1M
Pretax income	-79M	-568M	-55M	-50M	-32M	-8M	-27M	-3M	-23M	22M	-41M	-2M
Income tax	187M	-76M	-14M	24M	-1M	1M	-7M	-4M	-6M	-56M	-39M	-1M
Net income	-128M	-328M	-41M	-73M	1.1B	-11M	-17M	0	-19M	98M	-5M	2M
Net margin	-15.8%	15.9%	-4.76%	-8.33%	152.2%	-1.61%	-2.76%	0%	-2.78%	13.6%	-0.83%	0.38%
EBITDA	173M	-386M	87M	77M	74M	70M	48M	70M	48M	97M	27M	67M
EPS	-0.94	-2.25	-0.31	-0.53	7.41	-0.1	-0.15	-0.03	-0.16	0.64	-0.06	-0.01
Diluted EPS	-0.94	-2.25	-0.31	-0.53	7.41	-0.1	-0.15	-0.03	-0.16	0.63	-0.06	-0.01

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	2.5B	1.7B	2.6B	3B	3.2B	2B	2.4B	2B	1.4B	943M
Enterprise value	—	5B	4.4B	6.1B	6.2B	8.7B	7.7B	4.9B	2.6B	2.5B	2.3B
Shares outstanding	125.6M	121.9M	118.4M	122.1M	128.4M	131.2M	136.7M	140.6M	144.7M	138.6M	138.6M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	10.8	—	4.67	—	33	33.3	—	2.09	22.8	24.7
P/S	—	0.39	0.26	0.38	0.48	0.88	0.52	0.62	0.71	0.53	0.38
P/B	—	1.66	1.33	1.75	2.24	2.11	1.12	7.9	1.66	1.22	1.03
EV/EBITDA	—	4.87	5.54	7.06	11.2	16.4	9.84	9.08	10.3	9.54	9
EV/Sales	—	0.77	0.68	0.88	1	2.37	2.03	1.29	0.93	0.93	0.89
Earnings yield	—	9.24%	—	21.4%	—	3.03%	3.01%	—	47.8%	4.39%	4.05%
FCF yield	—	17.7%	13.3%	11.6%	12.8%	20.4%	2.55%	13.3%	-17.4%	-26.5%	22.9%
PEG	—	—	—	—	—	—	—	—	—	—	-0.37

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	27.8%	28.5%	26.2%	27.8%	24.6%	25.1%	25.8%	25.1%	20.5%	23.6%	29.8%
Operating margin	9.38%	10.4%	7.23%	7.65%	3.06%	0.95%	4.64%	0.76%	-1.31%	0.97%	2.49%
Net margin	4.19%	3.61%	-1.34%	8.16%	-1.26%	2.65%	1.56%	-11%	33.9%	2.31%	2.99%
ROE	17.7%	15.3%	-6.84%	37.5%	-5.89%	6.39%	3.36%	-140.5%	79.3%	5.37%	5.27%
ROA	3.57%	3.07%	-1.11%	6.28%	-0.93%	0.84%	0.51%	-8.48%	21.5%	1.58%	2.66%
ROIC	11.3%	8.44%	0%	10.7%	4.14%	0.5%	2.36%	1.01%	-2.02%	1.16%	1.22%
Return on tangible assets	31.3%	23.1%	-7.25%	26.7%	-4.65%	-337.9%	0.9%	-129%	77.7%	8.67%	11.3%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.4	1.5	1.32	1.24	1.19	1.02	1.14	0.9	1.18	1.04	1.07
Quick ratio	1.05	1.09	0.97	0.93	0.9	0.76	1	0.71	1.03	0.83	0.95
Debt / equity	1.97	1.95	2.52	2.62	2.72	3.88	3.39	9.41	1.12	1.15	1.16
Debt / assets	0.4	0.39	0.41	0.44	0.43	0.51	0.52	0.57	0.3	0.34	0.34
Net debt / EBITDA	2.68	2.39	3.42	3.99	5.86	10.3	7.32	4.72	2.45	4.16	4.5
Interest coverage	3.23	3.96	1.23	2.73	0.73	-0.12	0.54	-0.3	-0.49	0.48	0.28
Effective tax rate	24.3%	50.2%	100%	0%	0%	0%	0%	0%	0%	0%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	52.1	53.5	54.1	56.6	48.3	28.1	27.7	27.2	19.5	19.4	18.4
EPS (basic)	1.76	1.01	-1.16	3.72	-0.86	0.62	0.32	-3.12	6.52	0.3	0.3
EPS (diluted)	1.71	0.97	-1.16	3.36	-0.86	0.58	0.31	-3.12	6.52	0.3	0.28
Book value per share	12.3	12.6	10.6	12.3	10.3	11.7	12.8	2.14	8.34	8.33	6.73
FCF per share	5.02	3.69	1.88	2.5	2.94	5.04	0.37	2.25	-2.41	-2.71	-0.2
Cash per share	3.96	4.41	3.92	4.17	2.63	3.41	1.62	1.86	5	1.67	1.72
Capex per share	0	0.05	0.03	0.09	0.05	0.01	0.07	0.06	0	1.19	1.17

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0%	0.09%	0.05%	0.16%	0.11%	0.03%	0.26%	0.21%	0%	6.14%	6.36%
Capex / operating cash flow	0%	0.72%	2.19%	1.67%	0.8%	0.15%	2.48%	1.28%	0%	-78.6%	121.1%
Payout ratio	—	—	0%	0%	-11.5%	15.3%	25.4%	-3.55%	1.57%	24.2%	0%
Dividend yield	—	—	0%	0%	0.3%	0.46%	0.76%	0.63%	0.75%	1.06%	1.06%

Yield

—

trailing twelve months

Frequency

—

Last dividend

$9.816

ex-dividend Oct 1, 2007

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Oct 1, 2007	$9.816

Split history

Date	Ratio
Oct 17, 2023	163:100
Jan 24, 2005	2:1

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$809M	-$2.1B	$862M	$876M	$711M	$682M	$617M	$666M	$684M	$720M	$606M	$523M
YoY change	-59%	-202.7%	-5.9%	-7.4%	-12.1%	+133%	-28.4%	-24%	-3.8%	+5.57%	-1.78%	-21.5%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	498M	537M	464M	509M	338M	447M	221M	262M	724M	231M
Receivables	1.3B	1.3B	1.4B	1.5B	1.1B	939M	505M	372M	505M	491M
Inventory	699M	780M	806M	784M	601M	754M	357M	254M	208M	217M
Total current assets	2.8B	2.8B	3B	3.1B	2.5B	2.9B	3.1B	1.2B	1.7B	1.1B
Property, plant & equipment	89M	63M	86M	530M	438M	824M	354M	240M	194M	178M
Goodwill & intangibles	6.8B	6.6B	6.6B	6.9B	6.7B	11.7B	5B	4.7B	3.2B	3.2B
Total assets	7.7B	7.7B	7.8B	9B	8.4B	11.6B	11.5B	5B	4.5B	3.9B
Accounts payable	781M	762M	897M	840M	632M	826M	594M	505M	332M	346M
Short-term debt	50M	52M	185M	282M	8M	57M	101M	15M	—	—
Total current liabilities	2B	1.9B	2.3B	2.5B	2.1B	2.8B	2.7B	1.3B	1.4B	1.1B
Long-term debt	3B	2.9B	3B	3.6B	3.6B	5.9B	5.8B	2.8B	1.3B	1.3B
Total liabilities	6.1B	6.1B	6.5B	7.5B	7.1B	10.1B	9.8B	4.7B	3.2B	2.8B
Shareholders' equity	1.5B	1.5B	1.3B	1.5B	1.3B	1.5B	1.8B	301M	1.2B	1.2B
Total debt	3.1B	3B	3.2B	3.9B	3.6B	6B	5.9B	2.8B	1.3B	1.3B
Net debt	2.6B	2.5B	2.7B	3.4B	3.3B	5.5B	5.7B	2.6B	622M	1.1B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	675M	262M	246M	204M	795M	724M	573M	276M	282M	231M	232M	237M
Receivables	947M	372M	398M	369M	556M	505M	593M	534M	517M	491M	476M	472M
Inventory	725M	254M	259M	220M	208M	208M	218M	212M	221M	217M	159M	128M
Total current assets	3.1B	1.2B	1.2B	1.1B	1.8B	1.7B	1.6B	1.2B	1.3B	1.1B	1.2B	1.1B
Property, plant & equipment	1B	240M	448M	438M	429M	194M	409M	398M	381M	178M	375M	366M
Goodwill & intangibles	11.1B	4.7B	4.6B	4.6B	3.2B	3.2B	3.2B	3.2B	3.2B	3.2B	3.2B	3.2B
Total assets	13.2B	5B	5B	4.8B	4.7B	4.5B	4.3B	4B	4B	3.9B	3.9B	3.9B
Accounts payable	820M	505M	482M	478M	400M	332M	325M	340M	375M	346M	371M	411M
Short-term debt	113M	15M	15M	15M	—	—	—	—	—	—	—	—
Total current liabilities	2.7B	1.3B	1.3B	1.3B	1.5B	1.4B	1.4B	1.1B	1.1B	1.1B	1.1B	1B
Long-term debt	7.7B	2.8B	2.9B	2.8B	1.4B	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B
Total liabilities	11.6B	4.7B	4.8B	4.9B	3.4B	3.2B	3.2B	2.8B	2.9B	2.8B	2.8B	2.7B
Shareholders' equity	1.6B	301M	240M	-87M	1.3B	1.2B	1.1B	1.1B	1.1B	1.2B	1.1B	1.1B
Total debt	7.9B	2.8B	2.9B	2.9B	1.4B	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B
Net debt	7.2B	2.6B	2.7B	2.7B	556M	622M	767M	1.1B	1B	1.1B	1.1B	1.1B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	274M	235M	-86M	564M	-78M	98M	59M	-423M	957M	62M
Depreciation & amortization	344M	354M	330M	333M	364M	517M	610M	559M	297M	231M
Stock-based compensation	61M	77M	72M	107M	108M	154M	125M	177M	47M	34M
Change in working capital	-26M	-12M	-245M	-41M	524M	-170M	-455M	172M	180M	-511M
Operating cash flow	676M	832M	137M	658M	871M	688M	403M	625M	1.5B	-210M
Capital expenditure	0	6M	3M	11M	7M	1M	10M	8M	0	-165M
Investing cash flow	38M	4M	-161M	-183M	-14M	-2.5B	-10M	87M	2.4B	-153M
Dividends paid	—	—	0	0	-9M	-15M	-15M	-15M	-15M	-15M
Share repurchases	-250M	-350M	-210M	-398M	-185M	0	0	—	-56M	-148M
Financing cash flow	-482M	-449M	-68M	-77M	-531M	2.1B	-30M	-866M	-1.6B	-185M
Net change in cash	232M	387M	-92M	398M	326M	344M	363M	-154M	2.4B	-548M
Free cash flow	630M	450M	223M	305M	378M	661M	50M	317M	-349M	-375M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	-128M	-328M	-41M	-73M	1.1B	-11M	-17M	0	-19M	98M	-5M	2M
Depreciation & amortization	155M	98M	81M	86M	70M	60M	60M	58M	55M	58M	53M	53M
Stock-based compensation	30M	79M	13M	14M	12M	8M	9M	9M	8M	8M	8M	11M
Change in working capital	-73M	21M	-26M	42M	371M	-207M	-58M	-324M	-69M	-60M	-35M	-96M
Operating cash flow	170M	-194M	33M	55M	1.6B	-118M	-12M	-242M	14M	60M	42M	17M
Capital expenditure	0	0	—	—	0	0	—	-42M	-38M	-46M	-36M	-41M
Investing cash flow	1M	86M	7M	7M	2.2B	211M	4M	-40M	-32M	-46M	-18M	9M
Dividends paid	-3M	-4M	-4M	-4M	-4M	-3M	-4M	-4M	-3M	-4M	-3M	-3M
Share repurchases	—	—	—	—	—	—	-62M	-7M	0	-79M	-9M	-11M
Financing cash flow	1.4B	-2.7B	80M	-72M	-2.1B	-11M	-76M	-15M	-65M	-228M	-20M	-24M
Net change in cash	1.6B	-2.8B	120M	-10M	1.6B	82M	-84M	-297M	-83M	-214M	4M	2M
Free cash flow	87M	-104M	-96M	-2M	-42M	-209M	-81M	-284M	-27M	17M	3M	-21M

NCR Voyix Corporation Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement