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Segment Information and Concentrations (Tables) | 6 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
Schedule of Revenue and Operating Income by Segment | The following table presents summarized financial information for the Company’s reportable segments for the three months ended June 30, 2025:
In millions |  | Retail |  | Restaurants |  |  | Total
Revenue by Segment |  | $ | 454 |  |  | $ | 205 |  |  |  | $ | 659 |
Other |  |  |  |  |  |  | 7 |
Total Revenue |  |  |  |  |  |  | $ | 666 |
Cost of Revenue |  | 322 |  |  | 105 |  |  |  |
Other segment items(1) |  | 51 |  |  | 32 |  |  |  |
Segment Adjusted EBITDA |  | $ | 81 |  |  | $ | 68 |  |  |  | $ | 149 |
The following table presents summarized financial information for the Company’s reportable segments for the three months ended June 30, 2024:
In millions |  | Retail |  | Restaurants |  |  | Total
Revenue by Segment |  | $ | 517 |  |  | $ | 201 |  |  |  | $ | 718 |
Other |  |  |  |  |  |  | 4 |
Total Revenue |  |  |  |  |  |  | $ | 722 |
Cost of Revenue |  | 379 |  |  | 105 |  |  |  |
Other segment items(1) |  | 51 |  |  | 34 |  |  |  |
Segment Adjusted EBITDA |  | $ | 87 |  |  | $ | 62 |  |  |  | $ | 149 |
(1)Other segment items primarily includes selling, general and administrative expenses and research and development expenses. The following table presents summarized financial information for the Company’s reportable segments for the six months ended June 30, 2025:
In millions |  | Retail |  | Restaurants |  |  | Total
Revenue by Segment |  | $ | 874 |  |  | $ | 396 |  |  |  | $ | 1,270 |
Other |  |  |  |  |  |  | 13 |
Total Revenue |  |  |  |  |  |  | $ | 1,283 |
Cost of Revenue |  | 623 |  |  | 204 |  |  |  |
Other segment items(1) |  | 105 |  |  | 65 |  |  |  |
Segment Adjusted EBITDA |  | $ | 146 |  |  | $ | 127 |  |  |  | $ | 273 |
The following table presents summarized financial information for the Company’s reportable segments for the six months ended June 30, 2024:
In millions |  | Retail |  | Restaurants |  |  | Total
Revenue by Segment |  | $ | 1,008 |  |  | $ | 403 |  |  |  | $ | 1,411 |
Other |  |  |  |  |  |  | 21 |
Total Revenue |  |  |  |  |  |  | $ | 1,432 |
Cost of Revenue |  | 733 |  |  | 212 |  |  |  |
Other segment items(1) |  | 102 |  |  | 74 |  |  |  |
Segment Adjusted EBITDA |  | $ | 173 |  |  | $ | 117 |  |  |  | $ | 290 |
(1)Other segment items primarily includes selling, general and administrative expenses and research and development expenses. The following table reconciles Segment Adjusted EBITDA to Net income (loss) from continuing operations attributable to NCR Voyix:
In millions | Three months ended June 30 |  | Six months ended June 30
2025 |  | 2024 |  | 2025 |  | 2024
Segment Adjusted EBITDA | $ | 149 |  |  | $ | 149 |  |  | $ | 273 |  |  | $ | 290 |
Corporate and other income and expenses not allocated to reportable segments | 54 |  |  | 70 |  |  | 103 |  |  | 148 |
Depreciation and amortization | 51 |  |  | 52 |  |  | 101 |  |  | 100 |
Acquisition-related amortization of intangibles | 6 |  |  | 8 |  |  | 12 |  |  | 15 |
Interest expense | 14 |  |  | 41 |  |  | 29 |  |  | 80 |
Interest income | (1) |  |  | (1) |  |  | (7) |  |  | (3) |
Income tax expense (benefit) | (4) |  |  | 10 |  |  | (11) |  |  | 5 |
Stock-based compensation expense | 9 |  |  | 12 |  |  | 18 |  |  | 23 |
Transformation and restructuring costs(1) | 16 |  |  | 50 |  |  | 37 |  |  | 74 |
Separation costs(2) | — |  |  | 3 |  |  | — |  |  | 8 |
Loss (gain) on disposal of businesses | — |  |  | (7) |  |  | — |  |  | (14) |
Foreign currency devaluation(3) | — |  |  | — |  |  | — |  |  | 15 |
Fraudulent ACH disbursements(4) | — |  |  | (1) |  |  | — |  |  | (2) |
Cyber ransomware incident recovery costs(5) | — |  |  | (4) |  |  | — |  |  | (4) |
Strategic initiatives(6) | 3 |  |  | 6 |  |  | 10 |  |  | 6 |
Net income (loss) from continuing operations attributable to NCR Voyix | $ | 1 |  |  | $ | (90) |  |  | $ | (19) |  |  | $ | (161) |
(1)Represents integration, severance, and other exit and disposal costs which are considered non-operational in nature. (2)Represents costs incurred as a result of the Spin-Off. (3)Represents gains and losses recognized during the three months ended March 31, 2024 due to changes in valuation of the Lebanese pound and the Egyptian pound. (4)Represents Company identified fraudulent ACH disbursements from a Company bank account, net of recoveries. Additional details regarding this item are discussed in Note 1, “Basis of Presentation and Summary of Significant Accounting Policies”. (5)Represents expenses to respond to, remediate and investigate the April 13, 2023 cyber ransomware incident, net of insurance recoveries. Additional details regarding this cyber ransomware incident are discussed in Note 1, “Basis of Presentation and Summary of Significant Accounting Policies”. (6)Represents professional fees related to strategic initiatives which are considered non-operational in nature, as well as certain costs incurred related to the Hardware Business Transition.
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area | Revenue is attributed to the geographic area to which the product is delivered or in which the service is provided. The following table presents revenue by geographic area for the Company:
In millions | Three months ended June 30 |  | Six months ended June 30
2025 |  | 2024 |  | 2025 |  | 2024
United States | $ | 402 |  |  | $ | 429 |  |  | $ | 785 |  |  | $ | 869 |
Americas (excluding United States) | 45 |  |  | 66 |  |  | 88 |  |  | 130 |
Europe, Middle East and Africa | 153 |  |  | 141 |  |  | 285 |  |  | 274 |
Asia Pacific | 66 |  |  | 86 |  |  | 125 |  |  | 159 |
Total revenue | $ | 666 |  |  | $ | 722 |  |  | $ | 1,283 |  |  | $ | 1,432 |
Schedule of Revenues from Products and Services | The following table presents the recurring revenue and all other products and services revenue that is recognized at a point in time for the Company:
In millions | Three months ended June 30 |  | Six months ended June 30
2025 |  | 2024 |  | 2025 |  | 2024
Recurring revenue(1) | $ | 422 |  |  | $ | 406 |  |  | $ | 829 |  |  | $ | 806 |
All other products and services | 244 |  |  | 316 |  |  | 454 |  |  | 626 |
Total revenue | $ | 666 |  |  | $ | 722 |  |  | $ | 1,283 |  |  | $ | 1,432 |
(1) Recurring revenue includes all revenue streams from contracts where there is a predictable revenue pattern that will occur at regular intervals with a relatively high degree of certainty. This includes hardware and software maintenance revenue, cloud revenue, payment processing revenue, and certain professional services arrangements, as well as term-based software license arrangements that include customer termination rights.

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- Definition Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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