NCR Voyix Corp (VYX) FY2025 10-K Annual Report

Filed: Feb 26, 2026
Industrials
Calculating & Accounting Machines (No Electronic Computers)SEC EDGAR

NCR Voyix Corp (VYX) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 26, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

NCR Voyix Corp FY2025 10-K Analysis

Business Overview

  • Core business model: Payments solutions provider requiring bank sponsorship and card brand registrations for transaction processing
  • Emphasis on compliance with evolving global payments regulations and potential impacts on service offerings and financial performance
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Management Discussion & Analysis

  • Operating cash flow $(210)M in 2025, adjusted free cash flow $27M despite $(165)M capex
  • No outstanding balance on $200M term loan and $500M revolver as of 12/31/25; $24M in letters of credit outstanding
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Risk Factors

  • Tax payment $284M related to Digital Banking Sale increased 2025 operating cash outflow to $210M
  • Net cash used in operating activities from discontinued operations $302M in 2024, zero in 2025 post Digital Banking Sale
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NCR Voyix Corp FY2025 Key Financial Metrics
XBRL

Revenue

$2.7B

-4.9% YoY

Net Income

$62M

-93.5% YoY

Operating Margin

1.0%

+228bp YoY

Net Margin

2.3%

-3159bp YoY

ROE

6.5%

-9614bp YoY

Total Assets

$3.9B

-11.9% YoY

EPS (Diluted)

$0.30

-95.4% YoY

Operating Cash Flow

-$210M

-59.1% YoY

Source: XBRL data from NCR Voyix Corp FY2025 10-K filing on SEC EDGAR. All figures in USD.

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