NCR Atleos reports 7% revenue growth in Q1 2026 on self-service banking boom

NCR Atleos Corporation has released its financial results for the first quarter of 2026. The company reported total revenue of $1.04 billion, marking a 7% rise compared to the same period last year. Strong growth in recurring revenue and hardware sales drove the positive performance. Recurring revenue streams made up 72% of the total revenue in the quarter. This steady income helped push net income to $22 million, a 57% increase from the previous year. Diluted earnings per share also climbed by 53%, reaching $0.29.

Self-Service Banking revenue saw a 12% year-over-year growth. ATM as a Service (ATMaaS) led the way with a 30% increase, supported by expansion into Europe and Latin America. Hardware sales rose by 23%, boosted by higher demand for recycling technology.

Network revenue grew by about 1%, while Allpoint core transaction volumes stayed strong, nearing record levels. This growth came from a partnership with a major convenience retailer and a renewed deal with a leading neobank. Adjusted EBITDA remained stable at $172 million, matching the previous year’s figure. The company’s first-quarter results highlight solid growth in key areas. Self-service banking, hardware sales, and recurring revenue all contributed to the 7% revenue increase. With ATMaaS expanding into new markets, the trend suggests continued demand for automated banking solutions.