NCR Atleos Corporation Reports Q2 2025 Financial Results with 2% Revenue Growth

NCR Atleos Corporation reported its financial results for the second quarter of 2025, revealing a total revenue of $1.104 billion, a 2% increase from $1.080 billion in the same period last year. The company's product revenue rose by 8% to $266 million, while service revenue saw a modest increase of 1% to $838 million. The net income attributable to Atleos for the quarter was $45 million, or $0.61 per share, compared to $30 million, or $0.42 per share, in the prior year, marking a 50% increase in profitability.

In the first half of 2025, total revenue decreased by 2% to $2.083 billion, down from $2.129 billion in the first half of 2024. This decline was primarily attributed to a reduction in non-core revenues as commercial agreements with NCR Voyix Corporation wind down. However, the net income for the six-month period surged to $60 million from $23 million in the previous year, reflecting a significant 161% increase. The company’s operating expenses also decreased, with selling, general, and administrative expenses falling by 10% to $238 million.

Strategically, Atleos has focused on enhancing its self-service banking solutions, which contributed to a 9% increase in revenue from the Self-Service Banking segment for the second quarter. The company has also emphasized its ATM as a Service (ATMaaS) offerings, which have gained traction among financial institutions. The Network segment, however, experienced a slight revenue decline of 2% due to reduced transaction volumes, while the Telecommunications & Technology (T&T) segment saw a more pronounced 20% drop in revenue, primarily due to decreased hardware sales.

Operationally, Atleos reported a total of 77,000 managed units in its Network segment, with an average revenue per unit of $16,200. The company’s employee headcount has remained stable, supporting its ongoing operations and strategic initiatives. The company also noted a significant increase in research and development expenses, which rose by 55% to $17 million in the second quarter, reflecting its commitment to innovation and product development.

Looking ahead, Atleos anticipates continued growth in its core business segments, driven by the increasing demand for self-service banking solutions and the expansion of its ATMaaS offerings. The company is also navigating macroeconomic challenges, including rising interest rates and supply chain costs, while maintaining a focus on cost optimization and productivity improvements. The outlook remains positive as Atleos aims to leverage its market position to enhance shareholder value and drive sustainable growth.