NCR Voyix Q2 Revenue Falls 21% YoY to $523 Million, Excluding Hardware Exit

NCR Voyix's Q2 revenue fell 21% YoY to $523mln, a deliberate hardware business exit contributing to the decline. However, excluding this transition, revenue grew 1%. Software and services revenue rose to $497mln from $493mln, while recurring revenue climbed to $435mln from $421mln. Adjusted EBITDA expanded to $98mln from $93mln, and the pipeline behind these figures looks stronger, with remaining contract value tied to the Voyix Commerce Platform reaching $286mln, up 65% YoY. The company signed a platform contract with Pizza Ranch and struck a direct partnership with Voyager.