NCR Voyix reported third quarter 2026 results that exceeded earnings expectations but showed a sharp decline in GAAP revenue as the company completed its hardware business transition. While top-line figures were impacted by the shift to an outsourced manufacturing model, management maintained its full-year EBITDA and EPS guidance while narrowing revenue expectations to the lower end of the previous range.
Key Highlights
- Non-GAAP diluted EPS of $0.32 beat analyst estimates of $0.21, supported by a transition toward higher-margin software revenue.
- Total revenue fell to $539 million from $677 million in the prior year, primarily reflecting the completion of the hardware business transition.
- Remaining Contract Value (RCV) for commerce platform applications surged 151% year-over-year to $440 million.
- Software and services revenue reached $500 million, now accounting for approximately 93% of total company revenue.
- Full-year 2026 revenue guidance was narrowed to the lower end of the $2,188 million to $2,303 million range.