NCR Voyix Q2 Earnings Call Highlights

NCR Voyix Q2 Earnings Call Highlights Written by MarketBeat August 9, 2026 Add As Preferred Source Share Share Share This Article Link copied to clipboard. Close Image from MarketBeat Media, LLC. Key Points Underlying performance improved: Q2 adjusted revenue rose 1% year over year excluding the hardware-business transition, while recurring revenue increased 3% and adjusted EBITDA grew 5% to $98 million. Reported revenue fell 21% to $523 million because of the transition. Cloud-platform adoption accelerated: NCR Voyix signed 25 Voyix Commerce Platform customers since mid-2025, with $286 million in remaining contract value, up 65% year over year. Remote installations and AI-assisted migrations are intended to shorten deployment times and reduce costs. Outlook was maintained: The company reiterated its 2026 forecasts for revenue of $2.188 billion-$2.303 billion, adjusted EBITDA of $432 million-$447 million and adjusted EPS of $0.89-$0.92, despite continued weakness in small and mid-sized restaurant customers. Interested in NCR Voyix? Here are five stocks we like better . 3 Value Stocks Flying Under the Radar—For Now NCR Voyix NYSE: VYX reported second-quarter results that reflected continued growth in recurring revenue and adjusted EBITDA after accounting for its hardware-business transition, while management emphasized adoption of its cloud-native Voyix Commerce Platform and the potential for AI-enabled deployments to reduce implementation time and costs. Chief Executive Officer James Kelly said revenue rose 1% from a year earlier when adjusted for the ODM transaction, while recurring revenue increased 3% and adjusted EBITDA rose 5%. The company said its commercial actions from the prior year, along with growth in software, services and payments, supported the results. Get NCR Voyix alerts: Sign Up On a reported basis, total revenue declined 21% to $523 million, primarily reflecting the transition of the hardware business at the end of the first quarter, according to Chief Financial Officer Brian Webb-Walsh. Excluding that impact, revenue increased 1%. Platform adoption and deployment efforts Kelly said NCR Voyix has signed 25 Voyix Commerce Platform, or VCP, customers since mid-2025, with 10 customers live across more than 2,000 lanes. The company expects another 1,000 lanes to be in production by the end of September. The company’s VCP contracts represented $286 million in remaining contract value at quarter-end, up 65% year over year. Webb-Walsh said the metric includes software revenue under long-term contracts and does not include services, payments or hardware sales. He said the measure may not rise in a linear fashion each quarter because revenue begins to be recognized after contracts are signed and contract sizes vary. Management said it is increasingly engaging customers on broader enterprise platform transformations instead of individual product purchases. Kelly said customers are looking to simplify operations, improve security and add flexibility, though technology replacement decisions can take time, especially for large organizations with longstanding point-of-sale systems. During the quarter, NCR Voyix completed what Kelly described as its first fully remote Voyix POS installation for a large European grocery retailer, completing the deployment in roughly half the time of a traditional installation. The company aims to reduce remote installation time to less than one hour per store. Chief Product Officer Nick East said AI agents are being used to analyze existing customer environments and migrate configurations, operational data and application settings to the new platform. He said the company can convert some large grocery locations from legacy systems to the new platform in a matter of hours overnight, without personnel on site. Aloha Next is scheduled to begin initial pilots by year-end. The company’s restaurant “store-in-a-box” offering for small and mid-market customers is expected to enter customer labs by...