NCR Voyix reported third-quarter 2026 results, with lower total revenue reflecting its hardware business transition while software and services revenue was unchanged from a year earlier. The company also highlighted new enterprise platform agreements, the first live deployment of its Aloha Next application, and a sharp increase in remaining contract value for its Voyix Commerce Platform applications.
Third-quarter results
- Revenue was $539 million, down from $677 million a year earlier. NCR Voyix attributed the decline to the hardware business transition.
- Software and services revenue held at $500 million.
- Recurring revenue rose to $428 million from $422 million. Recurring software revenue increased to $208 million from $202 million.
- The company recorded $14 million of net income from continuing operations attributable to NCR Voyix, compared with an $18 million loss a year earlier. Diluted earnings per share from continuing operations were $0.08, versus a loss of $0.15.
- Adjusted EBITDA was $120 million, compared with $123 million in the prior-year quarter. Non-GAAP diluted EPS was $0.32, up from $0.30.
Commercial progress
- NCR Voyix signed platform agreements with six enterprise customers: Ahold Delhaize USA, A.S. Watson, Bruster’s Real Ice Cream, First Watch, Rutter’s and Sbarro.
- Its Aloha Next application went live for the first time, at Bruster’s Bridgewater location.
- Remaining contract value for Voyix Commerce Platform applications was approximately $440 million at September 30. That was 151% higher than a year earlier and 54% above the previous quarter.
2026 outlook
NCR Voyix maintained its full-year outlook:
- Revenue: $2.188 billion to $2.303 billion, a reported year-over-year decline of 18% to 13%. The company also gave a 2% decline to 3% growth range on a pro forma basis for the hardware transition impact.
- Adjusted EBITDA: $432 million to $447 million, up 3% to 7%.
- Non-GAAP diluted EPS: $0.89 to $0.92, up 3% to 7%.
- Adjusted free cash flow, unrestricted and before restructuring costs: $190 million to $220 million, up 40% to 62%.
What the results show
The quarter’s revenue decline was concentrated in the overall top line as NCR Voyix transitions its hardware business; software and services revenue was flat, while recurring revenue and recurring software revenue increased modestly. Net income from continuing operations and diluted EPS improved from losses a year earlier, although adjusted EBITDA edged lower. The company’s full-year guidance was unchanged.