Brink's Company Reports 7% Revenue Increase to $1.39 Billion in Q2 2026

The Brink's Company reported a revenue increase of 7% for the second quarter of 2026, reaching $1.39 billion compared to $1.30 billion in the same period last year. For the first half of 2026, revenues rose by 9% to $2.77 billion, up from $2.55 billion in the prior year. The growth was attributed to favorable currency exchange rates, organic increases across all segments, and contributions from acquisitions. However, operating profit for the second quarter slightly decreased to $133.3 million from $133.9 million year-over-year, while the operating profit margin fell from 10.3% to 9.6%. For the first half, operating profit also declined to $243.5 million from $253 million.

The company's costs and expenses increased, with cost of revenues rising by 5% to $1.03 billion in the second quarter and by 7% to $2.05 billion in the first half. Selling, general, and administrative expenses surged by 26% to $232.6 million in the second quarter and by 30% to $483.4 million in the first half, primarily due to costs associated with the NCR Atleos acquisition and transformation initiatives. The effective tax rate for the first half of 2026 was 27.7%, down from 29.7% in the previous year.

Brink's is in the process of acquiring NCR Atleos, with the transaction expected to close in the first quarter of 2027, pending regulatory approval. The estimated purchase price is approximately $4 billion, and the company has incurred $29.2 million in transaction costs related to this acquisition. The strategic move aims to enhance Brink's capabilities in digital retail solutions and ATM managed services, which are increasingly significant to its business model.

Operationally, Brink's serves customers in over 100 countries, with significant revenue contributions from North America, Latin America, Europe, and the Rest of World segments. The company reported a total of $2.15 billion in cash, cash equivalents, and restricted cash as of June 30, 2026, a decrease from $2.27 billion at the end of 2025. The company also repurchased 241,321 shares of its common stock for $30.2 million during the first half of 2026, with $720 million remaining under its share repurchase program.

Looking ahead, Brink's anticipates continued growth driven by its strategic initiatives and the integration of NCR Atleos. However, the company remains cautious about potential economic challenges, including inflation and currency fluctuations, which could impact its operations and financial performance.