0001628280-26-012576
SEC filingNCR Atleos Corporation reported total revenue of $4.35 billion for fiscal year 2025, with net income attributable to Atleos of $162 million. The company generated income from operations of $478 million, representing an operating margin of 11.0%. Gross profit was $1.06 billion, yielding a gross margin of 24.4%. The company produced $356 million in net cash from operating activities and ended the year with $456 million in cash and cash equivalents. Key financial drivers included cost of products and services at $3.29 billion, selling, general and administrative expenses of $513 million, and research and development expenses of $70 million. The company maintained a strong liquidity position with total current assets of $1.82 billion against total current liabilities of $1.90 billion. Long-term borrowings stood at $2.67 billion, contributing to total liabilities of $5.27 billion and total stockholders' equity of $402 million.
NCR Atleos Corporation reported fiscal year 2025 results with total revenue of $4.35 billion and net income attributable to Atleos of $162 million. The company achieved income from operations of $478 million, representing an operating margin of 11.0%. Gross profit was $1.06 billion, resulting in a gross margin of 24.4%. Basic earnings per share were $2.00 based on 73.5 million weighted average common shares outstanding. The company generated $356 million in net cash from operating activities and ended the period with $456 million in cash and cash equivalents. Total assets stood at $5.67 billion, while total liabilities were $5.27 billion, resulting in stockholders' equity of $402 million.
The company reported total revenue of $4.35 billion for fiscal year 2025. The document does not provide segment breakdown, geographic mix, or specific growth drivers beyond the aggregate revenue figure. The XBRL data shows total revenue without further segmentation into products versus services or other business units. No comparative prior period revenue figures are provided in the available data, preventing year-over-year growth rate calculations. The company operates as a financial technology company providing self-directed banking solutions including ATM and ITM technology, software, services, hardware, and the Allpoint network.
Gross margin was 24.4% based on gross profit of $1.06 billion and total revenue of $4.35 billion. Operating margin was 11.0% with income from operations of $478 million. The cost structure included cost of products and services of $3.29 billion, selling, general and administrative expenses of $513 million, and research and development expenses of $70 million. Total operating expenses were $3.88 billion. Other significant expenses included related party interest expense of $270 million and other expense of $19 million. Income tax expense was $27 million, resulting in an effective tax rate of approximately 14.3% on income before income taxes of $189 million.
Net cash provided by operating activities was $356 million, driven by net income of $162 million plus adjustments including depreciation and amortization of $277 million and stock-based compensation of $34 million. Investing activities used $116 million, primarily for capital expenditures of $117 million and additions to capitalized software of $39 million, partially offset by proceeds from asset sales. Financing activities used $253 million, mainly from net repayments on credit facilities. Free cash flow (operating cash flow minus capital expenditures) was $239 million. The balance sheet shows total assets of $5.67 billion including $1.82 billion in current assets. Total liabilities were $5.27 billion with $2.76 billion in total borrowings. Stockholders' equity was $402 million.
The filing does not contain specific forward-looking guidance, management projections, or quantitative outlook information. The document mentions that the company completed its separation from NCR Corporation on October 16, 2023, and launched as an independent publicly-traded company. Risk factors discussed include data protection, cybersecurity, and data privacy issues that could adversely impact the business. The company has established governance structures including Board oversight of cybersecurity through the Audit Committee and management-level risk management through the Office of Risk Management with a Chief Risk Officer, Chief Information Security Officer, and Chief Compliance Officer.