NCR Voyix Corp SEC Filings

NCR Voyix Corp reported that President and CEO James G. Kelly received an award of 620,066 restricted stock units on March 2, 2026, which will vest in three equal annual installments. On March 3, 2026, 87,022 restricted stock units vested and were converted into 87,022 shares of common stock at no cost, increasing his directly held common shares to that amount and his directly held restricted stock units to 174,046. He also has additional common stock held indirectly through two family trusts.

NCR Voyix describes a major strategic shift toward a cloud-based unified commerce platform for retail and restaurant customers, backed by a global workforce of about 13,500 employees across nearly 30 countries. The company is focusing on microservices-based SaaS, integrated payments and differentiated services to drive recurring revenue and deeper customer relationships.

It completed the spin-off of its ATM-focused operations into NCR Atleos in 2023 and sold its Digital Banking segment for $2.45 billion in cash plus up to $100 million contingent consideration in 2024, with both businesses now treated as discontinued operations. NCR Voyix is also transitioning its point-of-sale and self-checkout hardware to an outsourced design and manufacturing model with Ennoconn, under which Ennoconn will build and ship hardware while NCR Voyix acts as sales agent and continues to provide software and services.

The report highlights continued investment in innovation, including AI-enabled applications on the Voyix Commerce Platform, research and development spending of $155 million in 2025, and an IP portfolio of more than 900 U.S. patents. It also outlines extensive risk factors, including execution risks around cloud adoption, the hardware transition, cybersecurity, evolving data and AI regulation, debt covenants and potential tax and indemnification exposure from the Atleos spin-off.

NCR Voyix Corporation reported a return to profitability in 2025 while continuing its shift to a software- and platform-led model. Full-year revenue was $2,687 million versus $2,818 million a year earlier, but net income from continuing operations improved to $42 million from a loss of $201 million. Adjusted EBITDA rose to $425 million from $348 million, and non-GAAP diluted EPS moved to $0.90 from $(0.12). In the fourth quarter, revenue grew to $720 million, with net income from continuing operations of $78 million and Adjusted EBITDA of $130 million.

The company highlighted recurring-revenue strength, with ARR at $1.7 billion and Software ARR at $783 million, alongside 80,000 platform sites and more than 8,500 payment sites as of December 31, 2025. NCR Voyix repurchased 400,000 common shares and 68,566 Series A preferred shares for $78 million in the fourth quarter, and ended the year with net debt of $874 million, an adjusted net leverage ratio of 2.1x.

For 2026, NCR Voyix guided to revenue of $2,210–$2,325 million, reflecting the hardware ODM transition, with pro forma revenue change of (2%) to 3%, Adjusted EBITDA of $440–$455 million, non-GAAP diluted EPS of $0.93–$0.96, and adjusted free cash flow-unrestricted before restructuring of $190–$220 million.

Fuller & Thaler Asset Management, Inc. filed an amended Schedule 13G reporting a passive ownership stake in NCR Voyix Corp common stock. As of 12/31/2025, the firm beneficially owned 6,658,059.84 shares, representing 4.81% of the outstanding common stock.

Fuller & Thaler reports sole voting power over 6,564,443.84 shares and sole dispositive power over the full 6,658,059.84 shares, with no shared voting or dispositive authority. The firm certifies the position was acquired and is held in the ordinary course of business and not for the purpose of changing or influencing control of NCR Voyix.

Shapiro Capital Management LLC reported beneficial ownership of 8,448,810 shares of NCR Voyix Corp common stock, representing 6.1% of the outstanding class as of December 31, 2025.

The firm is an investment adviser whose advisory clients are the legal owners of these shares. Shapiro Capital has authority under its investment advisory agreements to direct investments and decide on dispositions of NCR Voyix shares, while its clients receive dividends and sale proceeds. No individual client holds more than five percent of the class. The position is certified as being held in the ordinary course of business and not for the purpose of changing or influencing control of NCR Voyix.

NCR Voyix Corp executive Beimnet Tadele, EVP & President, Restaurants, reported equity compensation activity on February 1, 2026. Restricted stock units covering 4,941 shares vested and were converted into common stock at $0 per share. To satisfy tax withholding obligations related to this vesting, 1,722 common shares were withheld at a price of $9.92 per share. After these transactions, Tadele directly beneficially owned 18,616 shares of NCR Voyix common stock.

NCR Voyix Corp officer James Wise, who serves as SVP & Chief Accounting Officer, reported routine equity transactions involving company common stock. On December 31, 2025, 1,735 shares were acquired at an exercise price of $0 upon the vesting of previously granted restricted stock units. On the same date, 513 shares were withheld at a price of $10.2 per share to cover tax obligations related to this vesting. After these transactions, Wise beneficially owned 7,176 shares of NCR Voyix common stock directly. The filing notes that his holdings include 283 shares acquired through the company’s employee stock purchase plan since his prior report.

Greenhouse Funds and affiliates filed Amendment No. 3 to Schedule 13G reporting passive beneficial ownership of NCR Voyix Corporation common stock. As of the event date 09/30/2025, Greenhouse Funds LLLP, Greenhouse GP LLC and Joseph Milano each reported 17,969,516 shares, representing 13.0% of the class. Greenhouse Fund GP LLC reported 14,027,368 shares (10.1%), and Greenhouse Long Only Master Fund LP reported 8,337,703 shares (6.0%).

The reporting persons list shared voting and shared dispositive power over the disclosed shares and certify under Item 10 that the securities were not acquired and are not held for the purpose of changing or influencing control of the issuer. All securities reported are directly owned by advisory clients of Greenhouse Funds LLLP.

NCR Voyix (VYX) reported Q3 2025 results. Total revenue was $684 million versus $708 million a year ago as product revenue declined to $200 million and service revenue was $484 million. Income from operations was $15 million compared with $16 million, and the company recorded a loss from continuing operations of $17 million versus a $29 million loss last year. Net loss was $19 million, compared to $1,082 million a year ago when results reflected a large gain from discontinued operations.

Cash and cash equivalents were $282 million as of September 30, 2025, down from $722 million at December 31, 2024. Year-to-date, operating activities used $270 million of cash. Long-term debt stood at $1.099 billion, primarily senior notes due 2028–2030. The company repurchased $69 million of stock year-to-date under its amended program. Remaining performance obligations totaled approximately $1.2 billion, with most expected to be recognized within 12 months. The company noted cumulative ransomware-related expenses of $47 million with $36 million recovered through insurance, and identified $34 million of fraudulent ACH disbursements with $16 million recovered so far.