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Segment Information and Concentrations (Tables)

6 Months Ended

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.

X

- Definition

Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

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-Section 50
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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

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-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(1))
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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.

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