DBD · Diebold Nixdorf, Incorporated

Diebold Nixdorf delivered strong Q1 2026 results with GAAP revenue of $891.8 million, up 6% year-over-year, and non-GAAP revenue of $888.2 million, up 5.6%, driven by robust growth in Retail segment exceeding 20% YoY and continued traction in Banking solutions including ATM and Branch Automation wins in Western Europe, India, and Jamaica. Gross margins improved slightly to 23.9% GAAP and 25.4% non-GAAP, reflecting operational efficiencies, while adjusted EBITDA reached $99.1 million with operating profit expanding 27.1% on a non-GAAP basis to $60.9 million. EPS turned positive at $0.14 GAAP from a prior-year loss and rose to $0.67 adjusted from $0.37. Free cash flow hit a record Q1 level of $20.7 million, extending six quarters of positive generation, supporting $55 million in share repurchases under the $200 million program with $117 million remaining. Management, led by CEO Octavio Marquez, highlighted disciplined execution, fortress balance sheet, and investments in service and innovation amid momentum in core segments. The company reaffirmed its full-year 2026 outlook, signaling confidence in achieving revenue of $3.86-$3.94 billion, adjusted EBITDA of $510-$535 million, free cash flow of $255-$270 million, and adjusted EPS of $5.25-$5.75, positioning it to create long-term shareholder value through sustained cash generation and capital returns.