NCR Voyix Corporation provides digital commerce solutions for retail stores and restaurants in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through Retail and Restaurants segments. It offers application program interface connectivity to retail software platforms and applications, hardware terminals, self-service kiosks, including self-checkout, payment processing and merchant acquiring solutions, and bar-code scanners for enterprise and mid-market retailers in the convenience fuel retail and department specialty retail industries, as well as grocery stores, drug stores, and big box retailers. The company also provides POS hardware and software solutions; payment processing; and installation and maintenance services, as well as managed and professional services for restaurants and food service establishment, including quick service, table service and fast casual restaurants. In addition, it offers Voyix Commerce Platform; and back-office solutions, including payment, data and analytics, inventory, and scheduling and labor management solutions. Further, the company provides online ordering; white-labeled websites and mobile applications; Aloha Next by Voyix; and consumer experience, loyalty and marketing. It also provides professional, field break-fix, restaurant managed, installation services, and connected service desk; and fixed and mobile point-of-sale and consumer display terminals, self-checkout hardware, kiosks, kitchen display systems, printers, cash drawers, keyboards, handheld scanners and payment terminals, and ordering kiosks. The company was formerly known as NCR Corporation and changed its name to NCR Voyix Corporation in October 2023. The company was incorporated in 1884 and is headquartered in Atlanta, Georgia.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $2.7B | $260M | $62M | $-375M | 6.5% | -4.6% | -93.5% |
| 2024 | $2.8B | $234M | $958M | $-349M | 102.7% | -11.0% | -323.8% |
| 2023 | $3.2B | $304M | $-428M | $317M | -1712.0% | -0.3% | -813.3% |
| 2022 | $3.2B | $578M | $60M | $50M | 4.1% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 3,174 | 3,166 | 2,818 | 2,687 |
| Operating Revenue | - | 3,174 | 3,166 | 2,818 | 2,687 |
| Cost Of Revenue | - | 2,490 | 2,503 | 2,241 | 2,053 |
| Gross Profit | - | 684 | 663 | 577 | 634 |
| Operating Expense | - | 734 | 797 | 615 | 608 |
| Research And Development | - | 116 | 139 | 157 | 155 |
| Selling General And Administration | - | 618 | 658 | 458 | 453 |
| Total Expenses | - | 3,224 | 3,300 | 2,856 | 2,661 |
| Operating Income | - | -50 | -134 | -38 | 26 |
| Total Operating Income As Reported | - | -50 | -134 | -38 | 26 |
| EBITDA | - | 578 | 304 | 234 | 260 |
| Normalized EBITDA | - | 595 | 377 | 253 | 263 |
| EBIT | - | -32 | -255 | -63 | 29 |
| Interest Income | - | 13 | 12 | 9 | 8 |
| Interest Expense | - | 285 | 294 | 134 | 60 |
| Net Interest Income | - | -281 | -310 | -149 | -56 |
| Other Non Operating Income Expenses | - | 31 | -32 | 9 | 2 |
| Other Income Expense | - | 14 | -105 | -10 | -1 |
| Interest Income Non Operating | - | 13 | 12 | 9 | 8 |
| Interest Expense Non Operating | - | 285 | 294 | 134 | 60 |
| Net Non Operating Interest Income Expense | - | -281 | -310 | -149 | -56 |
| Pretax Income | - | -317 | -549 | -197 | -31 |
| Tax Provision | - | 52 | 184 | 4 | -73 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -3.57 | -15.33 | -3.99 | -0.63 |
| Net Income Continuous Operations | - | -369 | -733 | -201 | 42 |
| Net Income From Continuing And Discontinued Operation | - | 60 | -428 | 958 | 62 |
| Net Income From Continuing Operation Net Minority Interest | - | -368 | -733 | -200 | 42 |
| Net Income | - | 60 | -428 | 958 | 62 |
| Net Income Common Stockholders | - | 44 | -444 | 943 | 42 |
| Net Income Including Noncontrolling Interests | - | 59 | -428 | 957 | 62 |
| Normalized Income | - | -354.57 | -675.33 | -184.99 | 44.37 |
| Diluted NI Availto Com Stockholders | - | 44 | -444 | 943 | 42 |
| Basic Average Shares | - | 136.70 | 140.60 | 144.70 | 138.60 |
| Diluted Average Shares | - | 141.20 | 140.60 | 144.70 | 141.10 |
| Reconciled Depreciation | - | 610 | 559 | 297 | 231 |
| Reconciled Cost Of Revenue | - | 2,490 | 2,503 | 2,241 | 2,053 |
| Total Unusual Items | - | -17 | -73 | -19 | -3 |
| Total Unusual Items Excluding Goodwill | - | -17 | -73 | -19 | -3 |
| Preferred Stock Dividends | - | 16 | 16 | 15 | 20 |
| Minority Interests | - | 1 | 0 | 1 | 0 |
| Net Income Discontinuous Operations | - | 428 | 305 | 1,158 | 20 |
| Special Income Charges | - | 0 | -46 | 8 | 0 |
| Other Special Charges | 42 | - | 46 | -8 | - |
| Write Off | 0 | 0 | - | - | - |
| Restructuring And Mergern Acquisition | 0 | 0 | - | - | - |
| Gain On Sale Of Security | - | -17 | -27 | -27 | -3 |
| General And Administrative Expense | 704 | 1,152 | 740 | - | - |
| Other Gand A | 704 | 1,152 | 740 | - | - |
| Salaries And Wages | -9 | -40 | 8 | - | - |
| Total Other Finance Cost | - | 9 | 28 | 24 | 4 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| NCR Voyix Corporationthis co. | VYX | $978M | 15.78 | 1.03 | 6.5% | 7.97 |
| WhiteFiber, Inc. | WYFI | $1.1B | - | 21.36 | -5.1% | - |
| Corsair Gaming, Inc. | CRSR | $1.1B | -65.61 | 1.67 | -2.6% | 22.45 |
| Amplitude, Inc. | AMPL | $1.0B | - | 4.19 | -36.1% | - |
| indie Semiconductor, Inc. | INDI | $1.0B | -7.09 |
| - |
| - |
| - |
| - |
| - |
| 2.83 |
| -40.0% |
| -13.15 |
| Rezolve AI PLC | RZLV | $1.0B | -9.87 | 4.06 | -41.1% | -9.64 |
| ScanSource, Inc. | SCSC | $964M | 13.48 | 1.06 | 7.9% | 7.43 |
| Donnelley Financial Solutions, Inc. | DFIN | $962M | 29.69 | 2.54 | 8.5% | 9.06 |
| Daktronics, Inc. | DAKT | $950M | -93.83 | 3.49 | -3.7% | 50.46 |
| Peer Median | - | -8.48 | 3.16 | -4.4% | 8.24 | |