NCR Atleos reports 7% revenue growth and 57% net income surge in Q1 2026

NCR Atleos Corporation has released its financial results for the first quarter of 2026. The company reported a 7% rise in total revenue, reaching $1.04 billion. Strong growth in recurring revenue and self-service banking contributed to a 57% increase in net income.

Total revenue for the quarter hit $1.04 billion, up from the same period last year. Of this, $754 million came from recurring revenue streams, making up 72% of the total. The company’s net income climbed to $22 million, or 2% of revenue, while Adjusted EBITDA reached $172 million.

Self-Service Banking saw a 12% year-over-year revenue increase. ATM as a Service (ATMaaS) grew by roughly 30%, driven by expansion into Europe and Latin America. Hardware sales also rose by 23%, boosted by higher demand for recycling technology. Network revenue grew by about 1% compared to the previous year. Allpoint core transaction volumes neared record levels, helped by a partnership with a major convenience retailer and a renewed deal with a large neobank.

The first quarter of 2026 marked a strong financial performance for NCR Atleos. Revenue growth, higher net income, and increased adoption of ATMaaS and recycling hardware reflect the company’s expanding market presence. These results highlight the importance of recurring revenue and self-service banking in its current strategy.