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NCR Atleos NATL T&T — Adjusted EBITDA by segment

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AEPT&D — Other Segment Items
-$16M-33.3%
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TRMBT&L — Goodwill
$2.21B+3.6%
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AEPT&D — Revenue
$1.61B+5.4%
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NJRS&T — Billed
$7.79M-5.3%

Other financials

Income statement

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Revenue$1.0B+6.5%
Operating income$84.0M-9.7%
Net income$22.0M+57.1%
EPS (diluted)$0.29+52.6%

Balance sheet

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Cash & equivalents$596.0M-12.6%
Total debt$2.9B-2.9%
Total equity$396.0M+44.0%
Total assets$5.6B-1.7%

Cash flow

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Operating cash flow-$9.0M-107%
CapEx$27.0M-6.9%
Free cash flow-$36.0M-138%

Valuation

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Market cap$3.44B+44.1%
Enterprise value$5.77B+21.4%
P/E20.2×-0.5×
P/S0.8×+0.2×

Profitability

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Operating margin10.6%-0.3pp
Net margin3.8%+1.4pp
FCF margin5.7%

Returns & leverage

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Return on equity50.7%+13.8pp
Debt / equity7.4×-3.6×
Current ratio0.0×

Where this comes from

Reported directly by NCR Atleos in its filing.

Tagged under the XBRL concept ncr:TotalAdjustedEBITDA.

The source filing: NCR Atleos’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 7:31 AM EST
Fiscal year
FY2025
Accession
0001628280-26-012576
In millionsSelf-Service BankingNetworkT&TTotal
Adjusted cost of services (2)1,2808691142,263
Adjusted SG&A and R&D expenses (2)1929117300
Other segment items (3)(58)(100)(1)(159)
Total Segment Adjusted EBITDA$751$359$31$1,141
Reconciliation of Segment Adjusted EBITDA to Net income (loss) attributable to Atleos
Segment Adjusted EBITDA$1,141
Less unallocated amounts
Corporate income and expenses not allocated to segments312

Item 8. FINANCIAL STATEMENTS AND SUPPLEMENTAL DATA

FAQ

What is NCR Atleos's T&T — adjusted EBITDA by segment?
NCR Atleos (NATL) reported T&T — adjusted EBITDA by segment of $7.75M in Q4 2025.
How has NCR Atleos's T&T — adjusted EBITDA by segment changed year-over-year?
NCR Atleos's T&T — adjusted EBITDA by segment decreased by 11.4% year-over-year, from $8.75M to $7.75M.
What is the long-term trend for NCR Atleos's T&T — adjusted EBITDA by segment?
Over 4 years (2021 to 2025), NCR Atleos's T&T — adjusted EBITDA by segment has grown at a -14.1% compound annual growth rate (CAGR), from $57M to $31M.
What does T&T — adjusted EBITDA by segment mean?
Provides a standardized view of the T&T segment's earnings before interest, taxes, depreciation, and amortization, adjusted for comparability. This metric allows investors to compare the profitability of this segment against other business units or industry peers.

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