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NCR Atleos vs NCR Voyix: revenue, profit, margins and growth compared

NCR Atleos brought in $4.4B of revenue in fiscal 2025, NCR Voyix $2.7B in fiscal 2025. Revenue changed by +1.1% at NCR Atleos and -4.6% at NCR Voyix on the year before, so NCR Atleos grew faster. NCR Atleos kept 3.7% of its revenue as net profit, NCR Voyix 2.3%. Free cash flow was $239M at NCR Atleos and -$375M at NCR Voyix.

Side by side, latest fiscal year

NATLVYX
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$4.4B$2.7B
Revenue growth+1.1%-4.6%
Net income$162M$62M
Net margin3.7%2.3%
Free cash flow$239M-$375M
Free cash flow margin5.5%-14.0%
Earnings per share (diluted)$2.14$0.30
Cash$456M$231M
Debt$2.7B$1.1B
Price to earnings21.322.8
Market value$3.4B$943M
Dividend yieldn/an/a
Rank by revenue in sector#2 of 52 · Other#9 of 52 · Other

Over the years

Revenue
NATL FY2021: $3.5BNATL FY2023: $4.1BNATL FY2023: $4.2BNATL FY2024: $4.3BNATL FY2025: $4.4BVYX FY2018: $6.4BVYX FY2019: $6.9BVYX FY2020: $6.2BVYX FY2021: $7.2BVYX FY2022: $3.2BVYX FY2023: $3.2BVYX FY2024: $2.8BVYX FY2025: $2.7BFY18FY19FY20FY21FY22FY23FY24FY25
NATL $4.4BVYX $2.7B
Net income
NATL FY2021: $186MNATL FY2023: $99MNATL FY2023: -$150MNATL FY2024: $80MNATL FY2025: $162MVYX FY2018: -$88MVYX FY2019: $564MVYX FY2020: -$79MVYX FY2021: $97MVYX FY2022: $60MVYX FY2023: -$428MVYX FY2024: $958MVYX FY2025: $62MFY18FY19FY20FY21FY22FY23FY24FY25
NATL $162MVYX $62M
Net margin
NATL FY2021: 5.2%NATL FY2023: 2.4%NATL FY2023: -3.6%NATL FY2024: 1.9%NATL FY2025: 3.7%VYX FY2018: -1.4%VYX FY2019: 8.2%VYX FY2020: -1.3%VYX FY2021: 1.4%VYX FY2022: 1.9%VYX FY2023: -13.5%VYX FY2024: 34.0%VYX FY2025: 2.3%FY18FY19FY20FY21FY22FY23FY24FY25
NATL 3.7%VYX 2.3%
Revenue growth
NATL FY2023: +16.1%NATL FY2023: +1.6%NATL FY2024: +2.8%NATL FY2025: +1.1%VYX FY2019: +8.0%VYX FY2020: -10.2%VYX FY2021: +15.3%VYX FY2022: -55.6%VYX FY2023: -0.3%VYX FY2024: -11.0%VYX FY2025: -4.6%FY19FY20FY21FY22FY23FY24FY25
NATL +1.1%VYX -4.6%
Free cash flow
NATL FY2021: $369MNATL FY2023: $216MNATL FY2023: $247MNATL FY2024: $257MNATL FY2025: $239MVYX FY2018: $429MVYX FY2019: $543MVYX FY2020: $610MVYX FY2021: $903MVYX FY2022: $335MVYX FY2023: $564MVYX FY2024: -$162MVYX FY2025: -$375MFY18FY19FY20FY21FY22FY23FY24FY25
NATL $239MVYX -$375M

Fiscal years as each company reports them; the two may end in different months.

Questions about NCR Atleos and NCR Voyix

Which is bigger by revenue, NCR Atleos or NCR Voyix?

NCR Atleos is bigger by revenue: $4.4B in fiscal 2025, against $2.7B for NCR Voyix in fiscal 2025.

Which keeps more of its revenue as profit, NCR Atleos or NCR Voyix?

NCR Atleos had a net margin of 3.7% in fiscal 2025; NCR Voyix had 2.3% in fiscal 2025.

Which grew revenue faster, NCR Atleos or NCR Voyix?

In their latest fiscal years revenue changed by +1.1% at NCR Atleos and -4.6% at NCR Voyix.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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