NCR Voyix 2025 Q1 Earnings Narrowed Losses, Mixed Revenue Performance

NCR Voyix reported fiscal 2025 Q1 earnings on August 7, 2025. The company narrowed its net loss to $0.15 per share from $0.31 in the prior year, representing a 51.6% improvement. However, revenue declined by 13.1% to $617 million, with both the Retail and Restaurants segments seeing lower figures compared to 2024 Q1. The guidance for full-year 2025 remains consistent with previous expectations.

Revenue

NCR Voyix's total revenue for 2025 Q1 fell 13.1% year-over-year to $617 million, driven by a decline in both the Retail and Restaurants segments. The Retail segment reported $420 million in revenue, while the Restaurants segment contributed $191 million. Additionally, the "Other" segment accounted for $6 million. This overall decrease contrasts with the slight growth in the Restaurants segment, which posted an increase of 2% from the prior year.

Earnings/Net Income

The company successfully narrowed its net loss to $-17 million in 2025 Q1, a reduction of 58.5% compared to $-41 million in 2024 Q1. Earnings per share improved from a loss of $0.31 to a loss of $0.15. This marked progress for NCR Voyix, indicating improved operational efficiency despite the overall revenue decline. The earnings improvement suggests a positive trend in cost management and strategic execution.

Price Action

Following the earnings report, NCR Voyix's stock price dropped 6.00% during the latest trading day. Over the past week, the stock lost 8.00%, and month-to-date, it had declined by 6.42%. This indicates a negative sentiment among investors in the immediate aftermath of the earnings release.

Post-Earnings Price Action Review

The strategy of purchasing NCR Voyix shares post-earnings and holding for 30 days resulted in a 33.06% return, which, while positive, underperformed the broader market's 44.35% return. The strategy had a CAGR of 18.22% and a Sharpe ratio of 0.43, suggesting good risk-adjusted returns. However, it underperformed the market by 11.29% in excess return. While the strategy demonstrated steady growth with low drawdowns, it may not be ideal for investors seeking high outperformance.

CEO Commentary

James G. Kelly, CEO of NCR Voyix, expressed optimism about the company's strategic initiatives, including product innovation, payments expansion, and global services enhancement. He highlighted recent progress and the ability to drive value for customers and shareholders, reflecting a confident stance on the company's future direction.

Guidance

For full-year 2025, NCR Voyix expects total revenue between $2,575M and $2,650M, with software and services revenue projected at $1,995M to $2,020M and hardware revenue between $580M and $630M. Adjusted EBITDA guidance is set at $420M to $445M, and non-GAAP diluted EPS is expected to range from $0.75 to $0.80, assuming a 22% effective tax rate. The company also forecasts Adjusted Free Cash Flow-Unrestricted at $170M to $190M.

Additional News

Recent business highlights include a 16% increase in platform sites and a 3% growth in payment sites as of June 30, 2025, compared to the prior year. The company also repurchased approximately 826 thousand shares of common stock for $7 million during the second quarter. The company's 2025 outlook considers the impact of U.S. trade tariffs and mitigations, and it maintains its guidance for total revenue, software and services revenue, and hardware revenue. The company's non-GAAP measures, including Adjusted EBITDA and Non-GAAP Diluted EPS, are used to evaluate performance and provide a clearer picture of operational efficiency.