NCR Voyix reports $24 million net income for Q3 2026

Cover page 2 changes

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For the quarterly period ended June September 30, 2026

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As of July October 29, 2026, there were approximately 138,069,898 135,860,309 shares of the registrant's common stock issued and outstanding.

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Financial statements 143 changes

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Product revenue $ 27 $ 185 $ 176 $ 337

Service revenue 496 475 953 935

Total revenue 523 660 1,129 1,272

Cost of products 21 169 163 314

Cost of services 346 341 680 674

Research and development expenses 30 32 69 72

Total operating expenses 509 647 1,134 1,280

Income (loss) from operations 14 13 ( 5 ) ( 8 )

Interest expense ( 15 ) ( 14 ) ( 30 ) ( 29 )

Other income (expense), net ( 1 ) ( 3 ) ( 8 ) 5

Income tax expense (benefit) ( 1 ) ( 4 ) ( 40 ) ( 11 )

In millions, except per share amounts Three months ended June September 30 Six Nine months ended June September 30

Product revenue $ 35 $ 198 $ 211 $ 535

Service revenue 504 479 1,457 1,414

Total revenue 539 677 1,668 1,949

Cost of products 29 167 192 481

Cost of services 333 346 1,013 1,020

Selling, general and administrative expenses 112 105 222 220 104 110 326 330

Research and development expenses 31 40 100 112

Total operating expenses 497 663 1,631 1,943

Income (loss) from operations 42 14 37 6

Interest expense ( 16 ) ( 15 ) ( 46 ) ( 44 )

Other income (expense), net ( 5 ) ( 23 ) ( 13 ) ( 18 )

Income (loss) from continuing operations before income taxes ( 2 ) 21 ( 4 24 ) ( 43 22 ) ( 32 56 )

Income tax expense (benefit) 7 ( 6 ) ( 33 ) ( 17 )

Income (loss) from continuing operations ( 1 ) — 14 ( 3 18 ) 11 ( 21 39 )

Income (loss) from discontinued operations, net of tax 3 10 ( 1 ) 4 10 3

Net income (loss) attributable to NCR Voyix $ 2 $ — 24 $ ( 3 19 ) $ 21 $ ( 17 36 )

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Income (loss) from continuing operations $ ( 1 ) $ — 14 $ ( 3 18 ) $ 11 $ ( 21 39 )

Series A convertible preferred stock dividends ( 3 ) ( 4 3 ) ( 6 9 ) ( 8 11 )

Income (loss) from continuing operations attributable to NCR Voyix common stockholders ( 4 ) ( 4 ) 11 ( 9 21 ) 2 ( 29 50 )

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Net income (loss) attributable to NCR Voyix common stockholders $ ( 1 ) 21 $ ( 4 22 ) $ ( 9 ) 12 $ ( 25 47 )

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Basic $ ( 0.03 ) $ ( 0.03 ) $ ( 0.07 ) $ ( 0.21 )

Diluted $ ( 0.03 ) $ ( 0.03 ) $ ( 0.07 ) $ ( 0.21 )

Basic $ 0.08 $ ( 0.15 ) $ 0.01 $ ( 0.36 )

Diluted $ 0.08 $ ( 0.15 ) $ 0.01 $ ( 0.36 )

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Basic $ ( 0.01 ) $ ( 0.03 ) $ ( 0.07 ) $ ( 0.18 )

Diluted $ ( 0.01 ) $ ( 0.03 ) $ ( 0.07 ) $ ( 0.18 )

Basic $ 0.15 $ ( 0.16 ) $ 0.09 $ ( 0.34 )

Diluted $ 0.15 $ ( 0.16 ) $ 0.09 $ ( 0.34 )

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Basic 137.8 137.9 138.4 138.9

Diluted 137.8 137.9 138.4 138.9

Basic 137.9 138.2 138.3 138.6

Diluted 139.8 138.2 140.0 138.6

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Net income (loss) $ 2 $ — $ ( 3 ) $ ( 17 )

In millions Three months ended June September 30 Six Nine months ended June September 30

Net income (loss) $ 24 $ ( 19 ) $ 21 $ ( 36 )

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Currency translation gains (loss) ( 3 ) 10 ( 12 ) 14

Other comprehensive income (loss) ( 3 ) 10 ( 12 ) 14

Currency translation gains (loss) 2 ( 7 ) ( 10 ) 7

Other comprehensive income (loss) 2 ( 7 ) ( 10 ) 7

Comprehensive income (loss) attributable to NCR Voyix common stockholders $ ( 1 ) $ 10 26 $ ( 15 26 ) $ 11 $ ( 3 29 )

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In millions, except per share amounts June September 30, 2026 December 31, 2025

Cash and cash equivalents $ 237 275 $ 231

Accounts receivable, net of allowances of $ 20 17 and $ 21 as of June September 30, 2026 and December 31, 2025, respectively

Restricted cash, current 14 7 8

Prepaid and other current assets 286 263 176

Current assets of discontinued operations 1 — 1

Total current assets 1,118 1,076 1,103

Property, plant and equipment, net 169 162 174

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Intangibles, net 70 83

Other assets 535 598

Intangibles, net 63 83

Operating lease assets 197 196 208

Prepaid pension cost 49 51 50

Deferred income taxes 195 179 185

Other assets 527 598

Total assets $ 3,852 3,773 $ 3,921

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Accounts payable $ 411 $ 346

Contract liabilities 184 199

Settlement liabilities 11 10

Accounts payable $ 370 $ 346

Payroll and benefits liabilities 95 114 97

Contract liabilities 172 199

Settlement liabilities 9 10

Other current liabilities 339 307 409

Current liabilities of discontinued operations 3 — 4

Total current liabilities 1,043 972 1,065

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Other liabilities 146 156

Pension and indemnity plan liabilities 134 126 136

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and 63 more changes in the filing

Note 1: BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 2 changes

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Spin-off of NCR Atleos On October 16, 2023, we completed the spin-off of our ATM-focused business, including our self-service banking, payments & network, and telecommunications and technology businesses, into an independent publicly traded company, NCR Atleos Corporation and its consolidated subsidiaries (collectively hereinafter "NCR Atleos"). The spin-off of NCR Atleos (the "Spin-Off") was effectuated through a pro rata distribution of all outstanding shares of NCR Atleos common stock to holders of our common stock as of the close of business on October 2, 2023 (the "record date"). We distributed one share of NCR Atleos common stock for every two common shares of our outstanding common stock as of the record date. Shareholders received cash in lieu of fractional shares of NCR Atleos common stock. The Spin-Off is expected to qualify as a tax-free distribution for U.S. federal income tax purposes. The Company retains no ownership interest in NCR Atleos. The accounting requirements for reporting the Spin-Off of NCR Atleos as a discontinued operation were met when the separation was completed. Accordingly, the financial results for NCR Atleos are presented as net income (loss) from discontinued operations, net of tax on the Condensed Consolidated Statements of Operations. Refer to Note 2, "Discontinued Operations" for additional information.

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Sale of Digital Banking On September 30, 2024, the Company completed the sale of its Digital Banking segment businesses (the "Digital Banking Sale") to an affiliate of The Veritas Capital Fund VIII, L.P. (the "Buyer"). The purchase price for the transaction was $ 2.45 billion in cash, subject to a post-closing adjustment, as well as contingent consideration of up to an additional $ 100 million in cash upon the achievement of a specified return on the Buyer's invested capital at the time of any future sale. The Company records contingent consideration at fair value based on the consideration expected to be transferred, which was estimated to be zero as of June September 30, 2026. The accounting requirements for reporting the Digital Banking Sale as a discontinued operation were met when the definitive agreement was signed. In connection with the Digital Banking Sale, the Company and the Buyer entered into certain agreements, including a transition services agreement, providing for the performance of certain services by the Company for the benefit of the Buyer for a period of time after the Digital Banking Sale.

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Note 2: DISCONTINUED OPERATIONS 6 changes

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On October 16, 2023, the Company completed the Spin-Off of NCR Atleos into an independent publicly traded company. Refer to Note 1, "Basis of Presentation and Summary of Significant Accounting Policies" for additional information regarding the Spin-Off. The historical results of NCR Atleos have been presented as discontinued operations. The Company's presentation of discontinued operations excludes general corporate overhead costs that did not meet the requirements to be presented as discontinued operations. As of March 31, 2025, all historical results of NCR Atleos have been presented as discontinued operations. There was no income or loss from discontinued operations net of tax, related to the Spin-Off of NCR Atleos was for the three and nine months ended September 30, 2025. No income net cash was provided by or loss used in operating activities for discontinued operations related to the Spin-Off of NCR Atleos for the nine months ended September 30, 2025.

Japan Bank Technology Solutions Sale

On September 30, 2026, the Company completed the sale of its bank technology solutions business in Japan. The sale of the Japan bank technology solutions business is a continuation of the Company's strategic shift to exit the banking industry and focus on its core retail and restaurant segments. The Company recognized a pre-tax gain of approximately $ 32 million, which was recognized in Net income (loss) from discontinued operations.

The financial results for the Japan bank technology solutions business for the three and nine months ended September 30, 2026 and 2025 are presented as net income (loss) from discontinued operations, net of tax on the Condensed Consolidated Statements of Operations. The Company's presentation of discontinued operations excludes general corporate overhead costs that did not meet the requirements to be presented as discontinued operations. Income (loss) from discontinued operations, net of tax, related to the Japan bank technology solutions business was income of $ 22 million and $ 21 million for the three and nine months ended September 30, 2026, respectively, and income of $ 1 million and $ 3 million for the three and nine months ended September 30, 2025, respectively. Net liabilities of discontinued operations related to the Japan bank technology solutions business were $ 3 million as of December 31, 2025. Net cash provided by or used in operating activities of discontinued operations related to the Japan bank technology solutions business was $ 1 million of net cash used in operating activities and $ 4 million of net cash provided by operating activities for the nine months ended September 30, 2026 and 2025, respectively.

Environmental Matters

The costs and insurance recoveries relating to certain environmental obligations associated with discontinued operations, including those relating to the Fox River and Kalamazoo River matters, are presented in Income (loss) from discontinued operations, net of tax, in the Consolidated Statements of Operations. Income (loss) from discontinued operations, net of tax, related to environmental matters was loss of $ 12 million and $ 11 million for the three and nine months ended September 30, 2026, respectively, and loss of $ 2 million and no income or loss for the three and nine months ended September 30, 2025, respectively. Net cash provided by or used in operating activities of discontinued operations related to environmental obligations was $ 7 million and $ 17 million of net cash used in operating activities for the nine months ended September 30, 2026 and 2025, respectively. Refer to Note 9, "Commitments and Contingencies" for further information.

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Note 3: GOODWILL AND PURCHASED INTANGIBLE ASSETS 17 changes

Goodwill by Segment The carrying amounts of goodwill by segment as of June September 30, 2026 and December 31, 2025, respectively, are included in the table below. Foreign currency fluctuations are included within other adjustments.

December 31, 2025 June September 30, 2026

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Identifiable Intangible Assets The Company's purchased intangible assets, reported in Intangibles, net in the Condensed Consolidated Balance Sheets, were specifically identified when acquired, and are deemed to have finite lives. The gross carrying amount and accumulated amortization for the Company's identifiable intangible assets were as set forth in the table below as of September 30, 2026 and December 31, 2025, respectively.

(in Years) September 30, 2026 December 31, 2025

In millions Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization

Identifiable intangible assets

Reseller & customer relationships 1 - 20

Intellectual property 2 - 8

Total identifiable intangible assets $ 745 $ ( 682 ) $ 745 $ ( 662 )

Amortization expense related to identifiable intangible assets for the following periods is:

Three months ended September 30 Nine months ended September 30

In millions 2026 2025 2026 2025

Amortization expense $ 7 $ 6 $ 20 $ 18

The estimated aggregate amortization expense for identifiable intangible assets for the following periods is:

For the years ended December 31

In millions Remainder of 2026 2027 2028 2029 2030 2031

Amortization expense $ 5 $ 21 $ 11 $ 8 $ 7 $ 4

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Note 4: SEGMENT INFORMATION AND CONCENTRATIONS 6 changes

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• Restaurants - Our Restaurants segment is focused on serving restaurants and food service establishments, including quick-service, table-service and fast casual restaurants of all sizes. Our restaurant solutions include, software, payments, hardware, installation, maintenance, and managed and professional services. These solutions are designed to help streamline order and transaction processing, increase consumer engagement, manage the supply chain, increase kitchen productivity and reduce operating costs.

• Retail - Our Retail segment serves enterprise and mid-market retailers primarily in the convenience fuel & retail, fuel, grocery, drug & mass merchandise, and department & specialty retail industries. Our retail industry segments. We offer an end-to-end suite of unified commerce solutions, including spanning across software, services, payments, installation and maintenance services, managed and professional services and hardware. These offerings provide end-to-end connectivity within a are purpose-built to enable retailers to deliver the seamless experiences that customers operations, including, have come to expect. Our SaaS solutions, powered by the Voyix Commerce Platform, include, among others, point-of-sale ("POS"), self-checkout ("SCO"), consumer marketing and loyalty, inventory and supply chain management, fraud and loss prevention, loyalty and consumer engagement.

• Restaurants - Our Restaurants segment serves restaurants and food service establishments of varying size, format and complexity, including, for example, quick-service, table-service, and fast-casual restaurants. We offer an end-to-end suite of unified commerce solutions, spanning across software, payments, installation and maintenance services, managed and professional services, and hardware. Our SaaS solutions for restaurants, powered by the Voyix Commerce Platform, include, among others, POS, consumer marketing and loyalty, inventory and kitchen management ordering, pay-at-table, menu management, and labor management.

Corporate and Other includes income and expenses related to corporate functions that are not specifically attributable to either of our two reportable segments along with certain non-strategic businesses that are considered comprising immaterial operating segments, as well as commercial agreements with NCR Atleos. As disclosed in Note 2, "Discontinued Operations", the Japan bank technology solutions business sale qualified as a discontinued operation during the six nine months ended June September 30, 2026, and all revenue and expenses directly related to the discontinued operation historically reported within Corporate and Other are presented in net income (loss) from discontinued operations, net of tax on the Condensed Consolidated Statements of Operations for all periods presented.

These segments represent components of the Company for which separate financial information is available that is utilized on a regular basis by the chief operating decision maker ("CODM"), the CEO. The CODM considers the budget-to-actual and forecast-to-actual variances for revenue and segment Adjusted EBITDA on a periodic basis in assessing segment performance and in allocating the Company's resources. Adjusted EBITDA is defined as GAAP net income (loss) from continuing operations attributable to NCR Voyix plus interest expense, net; plus income tax expense (benefit); plus depreciation and amortization (excluding acquisition-related amortization of intangibles); plus stock-based compensation expense; plus pension mark-to-market adjustments and other special items, including amortization of acquisition-related intangibles, acquisition-related costs, loss (gain) on disposal of businesses, loss (gain) on extinguishment of debt, separation-related costs, cyber ransomware incident recovery costs net of insurance recoveries, fraudulent ACH disbursements costs net of recoveries, foreign currency devaluation, transformation and restructuring charges (which includes integration, severance and other exit and disposal costs), strategic initiative costs and litigation costs, among others. The special items are considered non-operational in nature, so are excluded from the Adjusted EBITDA metric utilized by our CODM in evaluating segment performance and are separately delineated to reconcile back to total reported GAAP net income (loss) from continuing operations attributable to the Company.

Assets are not allocated to segments, and thus are not included in the assessment of segment performance. Consequently, we do not disclose total assets by reportable segment. The accounting policies used to determine the results of the operating segments are the same as those utilized for the condensed consolidated financial statements as a whole. Intersegment sales and transfers are not material.

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Note 5: DEBT OBLIGATIONS 6 changes

The following table summarizes the Company's short-term borrowings and long-term debt as of June September 30, 2026 and December 31, 2025, respectively:

June September 30, 2026 December 31, 2025

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(1) Interest rates are weighted-average interest rates as of June September 30, 2026 and December 31, 2025.

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The Revolving Loans bear interest based on the Secured Overnight Financing Rate ("SOFR") (or an alternative reference rate for amounts denominated in a currency other than Dollars), or, at the Company's option, in the case of amounts denominated in Dollars, at a base reference rate equal to the highest of (a) the federal funds rate plus 0.50 %, (b) the rate of interest last quoted by the Administrative Agent as its "prime rate" and (c) the one-month SOFR rate plus 1.00 % (the "Base Rate"), plus, as applicable, a margin ranging from 2.25 % to 3.25 % per annum for SOFR-based Revolving Loans and ranging from 1.25 % to 2.25 % per annum for Base Rate-based Revolving Loans, in each case, depending on the Company's consolidated leverage ratio. The Revolving Credit Facility is not subject to amortization and will mature on the fifth anniversary of the Closing Date.

The obligations under the Revolving Credit Facility are guaranteed by certain of the Company's material subsidiaries (the "Guarantors"). The obligations under the Revolving Credit Facility and the above described guarantee are secured by a first priority lien and security interest in certain equity interests owned by the Company and the Guarantors in certain of their respective domestic and foreign subsidiaries, and a first priority lien and security interest in substantially all of the assets of the Company and the Guarantors, subject to certain exclusions.

The Revolving Credit Facility contains customary representations and warranties, affirmative covenants and negative covenants. The negative covenants limit the Company's and its subsidiaries' ability, subject to customary exceptions and permitted baskets, to, among other things, incur indebtedness, create liens on the Company's or its subsidiaries' assets, engage in fundamental changes, make investments, sell or otherwise dispose of assets, engage in sale-leaseback transactions, make

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Note 6: INCOME TAXES 2 changes

Income tax provisions for interim (quarterly) periods are based on an estimated annual effective income tax rate calculated separately from the effect of significant, infrequent or unusual items. Income tax benefit expense from continuing operations was $ 1 7 million for the three months ended June September 30, 2026 compared to an income tax benefit of $ 4 6 million for the three months ended June September 30, 2025. The decrease increase in the income tax benefit expense was primarily driven by an unfavorable change higher income from continuing operations before taxes, partially offset by favorable changes in discrete tax expenses and benefits for the three months ended June September 30, 2026 compared to the prior year.

Income tax benefit was $ 40 33 million for the six nine months ended June September 30, 2026 compared to an income tax benefit of $ 11 17 million for the six nine months ended June September 30, 2025. The increase in the income tax benefit was primarily driven by changes to the estimated full-year valuation allowance and withholding taxes, changes in the geographic earnings mix, and partially offset by a higher lower loss from continuing operations before taxes for the six months ended June 30, 2026. These benefits were partially offset by an unfavorable change in discrete tax expenses and benefits for the six nine months ended June September 30, 2026. compared to the prior year.

Note 7: STOCK COMPENSATION PLANS 10 changes

Stock-based compensation expense 11 9 19 18

As of June September 30, 2026, the Company's stock-based compensation consisted of restricted stock units and the employee stock purchase plan. Stock-based compensation expense for the following periods were: was:

In millions Three months ended June September 30 Six Nine months ended June September 30

Restricted stock units $ 10 $ 8 7 $ 17 27 $ 16 23

Employee stock purchase plan 1 — 1 2 2 3

Stock-based compensation expense 10 8 29 26

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Stock-based compensation expense (net of tax) $ 9 $ 8 6 $ 16 25 $ 19 25

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Expected volatility for these restricted stock units is calculated as the historical volatility of the Company's stock over a period of approximately three years , as management believes this is the best representation of prospective trends. The risk-free interest rate was determined based on a three-year U.S. Treasury yield curve in effect at the time of the grant.

As of September 30, 2026, the total unrecognized compensation cost of $ 70 million related to unvested restricted stock grants is expected to be recognized over a weighted average period of approximately 2.1 years under the endpoint method. As of September 30, 2026, all stock option grants have vested.

Employee Stock Purchase Plan The Company's Employee Stock Purchase Plan ("ESPP") provides employees a 15 % discount on stock purchases using a three-month look-back feature where the discount is applied to the stock price that represents the lower of the Company's closing stock price on either the first day or the last day of each calendar quarter. Participants can contribute between 1 % and 10 % of their compensation.

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Note 8: EMPLOYEE BENEFIT PLANS 2 changes

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Pension For the three and six nine months ended June September 30, 2026, the Company contributed $ 2 4 million and $ 5 9 million to its international pension plans, respectively. The Company anticipates contributing an additional $ 7 3 million to its international pension plans for a total of $ 12 million in 2026. Following the Spin-Off, NCR Atleos assumed the U.S. and certain international pension plan assets and liabilities, along with the associated deferred costs in accumulated other comprehensive loss, which were previously sponsored by the Company. Pursuant to the terms of the Spin-Off transaction documents, the Company is required to contribute 50 % of the annual costs of the U.S. pension plan to NCR Atleos to the extent NCR Atleos contributes more than $ 40 million on an annual basis beginning with the plan year ending December 31, 2024.

Postemployment For the three and six nine months ended June September 30, 2026, the Company contributed $ 7 4 million and $ 18 22 million to its postemployment plan, respectively. The Company anticipates contributing an additional $ 5 4 million to its postemployment plan for a total of $ 23 26 million in 2026.

Note 9: COMMITMENTS AND CONTINGENCIES 3 changes

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Other Litigation In November 2015, several participants and beneficiaries in five "nonqualified" deferred compensation retirement plans sponsored by the Company (collectively, the "Plans") filed a putative class action lawsuit against the Company and other named defendants. The plaintiffs alleged, among other things, that the Company breached the terms of the Plan agreements when, upon termination of the Plans, the Company paid lump sum payments based on mortality tables and actuarial calculations. In September 2017, the court certified a class.

On February 6, 2024, the court entered summary judgment in favor of the plaintiffs, finding that the Company breached the terms of the Plans when it paid the lump sums in lieu of actuarially equivalent replacement life annuities and ordered that the Company provide class members the amount reflecting the difference between the lump sums they received and the cost of the replacement life annuities. The court further ordered the parties to brief as to what the appropriate relief should have been based on the benefits due to each Plan participant (the "Requested Relief Order"). On April 16, 2024, the Company filed its position on the Requested Relief Order.

On June 10, 2024, the court ruled against the Company's position to the Requested Relief Order, entered a final judgment against the Company, and ordered the Company to calculate the "benefits due" to the Plan participants, including pre-judgment

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Notes to the financial statements 11 changes

On December 5, 2019, the Company entered into a Consent Decree with the USEPA and other government agencies having oversight over the Kalamazoo River and the District Court having jurisdiction over this matter approved the Consent Decree later that month. The Consent Decree requires the Company to pay GP a 40 % share of past costs, to pay the USEPA and state agencies their past and future administrative costs, and take responsibility for the remediation of a portion, but not all, of the Kalamazoo River. The Consent Decree further required the Company to dismiss the pending Sixth Circuit appeal. The Consent Decree provides the Company protection from other potentially responsible parties, including GP, seeking contribution for their costs associated with the clean-up anywhere on the Kalamazoo River, thereby resolving the allocation of future costs left unresolved by prior litigation.

The Company believes it has meritorious claims against BAT under the Cost Sharing Agreement, discussed above, for the Kalamazoo River remediation expenses as a so-called "future site." To date, BAT disputes that the Kalamazoo River is a "future site." In February 2023, the Company filed an action against BAT in the Southern District of New York seeking a declaration that the Kalamazoo River is indeed a "future site" under the Cost Sharing Agreement. In June 2023, BAT filed an answer asserting counterclaims in the proceedings. On September 14, 2024, the Court entered an opinion stating that the Kalamazoo River is a "future site" within the meaning of the Cost Sharing Agreement. The case remains pending with respect to BAT's remaining counterclaims and affirmative defenses. In December 2022, the contractual threshold set forth in the 1996 Divestiture Agreement for the Kalamazoo River matter was met and as a result the Company also has indemnity or reimbursement claims against AT&T and Nokia. AT&T and Nokia are currently disputing the calculation of that threshold (not the indemnity obligation), and AT&T has withheld certain of its indemnification payments in connection with the dispute. In February 2026, the Company filed an action for preliminary injunction against AT&T in the Southern District of New York seeking an order to compel AT&T's compliance with the payment obligations under the 1996 Divestiture Agreement. On May 7, 2026, the court denied the Company's motion for preliminary injunction, but retained jurisdiction over the matter pending resolution through arbitration. Separately, the Company commenced a parallel arbitration against AT&T for the recovery of amounts owed, and the Company's motion to compel such payment is pending with the arbitrator.

In November 2023, the USEPA issued a conditional approval for a work plan to remediate one area of the Kalamazoo River (referred to by USEPA as Area 4) for which the Company has remediation responsibility. The conditional approval provided the Company with sufficient information to estimate the cost of the first phase of remediation for this area of the river and necessitated an increase in the Kalamazoo reserve. Subsequently, USEPA provided further clarification about the conditions with respect to completing the second phase of the work plan that could substantially increase the costs of remediation. The Company does not believe the scope of work for this second phase is its responsibility under the Consent Decree or the National Contingency Plan. In March 2024, the Company filed a Notice of Dispute with the USEPA objecting to the scope of work for Area 4 as being inconsistent with the National Contingency Plan and contrary to the requirements of the Consent Decree. In June 2024, the Company reached a tentative agreement with the USEPA that will satisfactorily address the Company's cost concerns and in October 2024, the Company submitted a work plan to the USEPA for approval. In connection with the submittal of the work plan, an updated engineering estimate was developed, which necessitated an increase in the Kalamazoo reserve. On August 18, 2025, the USEPA approved the work plan "with modifications" and the Company responded to those modifications as requested by the USEPA. On November 3, 2025, the EPA reviewed the Company's responses to the modifications and gave final approval to the work plan. In January 2026, a second updated engineering estimate was completed to address scope adjustments of the approved work plan and current market and river conditions. This updated engineering estimate necessitated another increase to the Kalamazoo reserve as of December 31, 2025.

As of June 30, 2026 and December 31, 2025, the total reserve for the Kalamazoo River was $ 99 million and $ 111 million, respectively. The reserve is reported on a basis that is net of expected contributions from the Company's co-obligors and indemnitors. While the Company believes its co-obligors' and indemnitors' obligations are as previously reported, the reserve may be adjusted from time to time to reflect changes in our estimates of remediation costs and recoverability from co-obligors and indemnitors with respect to the Kalamazoo River.

As many aspects of the costs of remediation will not be determined for several years (and thus the high end of a range of possible costs for many areas of the site cannot be quantified at this time), the Company has made what it considers to be reasonable estimates of the low end of a range for such costs where remedies are identified, and/or estimates of the costs of investigations and studies for areas of the Kalamazoo River where remedies have not yet been determined, and the reserve is informed by those estimates. The extent of the Company's potential liability remains subject to many uncertainties, notwithstanding the Consent Decree noted above, particularly given that remedy decisions and cost estimates will not be generated until future time periods and most of the work to be performed will take place through the 2030s. Under other assumptions and estimates for possible costs of remediation, which the Company does not at this point consider to be

interest, based on the sum that would have been sufficient to allow each participant to purchase a replacement annuity using discount rates prescribed by the Pension Benefit Guaranty Corporation in effect as of the February 25, 2013 termination date.

On July 2, 2024, the Company filed a notice of appeal and a $ 45 million supersedeas bond to stay execution pending appeal. The appellate court heard oral arguments on August 12, 2025, and on August 26, 2025, the appellate court affirmed the decision of the district court. The Company's petition for rehearing en banc was denied. In February 2026, the matter was remanded back to the district court for further proceedings to finalize the amount owed to plaintiffs. Prior to resolution by the court, in April 2026, the parties reached a settlement to resolve all issues associated with damages owed to plan participants, interest, and attorney's fees, for a payment of $ 48 million. In exchange the Company will receive a class-wide release of claims following final approval by the court. On July 2, 2026, the court granted preliminary approval of the settlement, and on July 16, 2026, the Company funded an escrow account for payment of settlement amounts to plan participants. Final approval of this settlement is expected after a final fairness hearing currently scheduled for November 2026. NCR Atleos contributed 50 % of the settlement amount pursuant to its indemnity obligation. The Company also intends to seek reimbursement of the settlement amount from its insurance carriers to the extent of its coverage under applicable fiduciary liability insurance policies, however there can be no guarantee as to the extent of any insurance recovery.

Environmental Matters The Company's facilities and operations are subject to a wide range of environmental protection laws, and the Company has investigatory and remedial activities underway at a number of facilities that it currently owns or operates, or formerly owned or operated, to comply, or to determine compliance, with such laws. Also, the Company has been identified, either by a government agency or by a private party seeking contribution to site clean-up costs, as a potentially responsible party ("PRP") at a number of sites pursuant to various state and federal laws, including the Federal Water Pollution Control Act, the Comprehensive Environmental Response, Compensation and Liability Act ("CERCLA") and comparable state statutes. Following the Spin-Off, the Company retains the responsibility to manage the identified environmental liabilities and remediations, subject, however, to an indemnity obligation by NCR Atleos to contribute 50 % of the costs of certain environmental liabilities after an annual $ 15 million funding threshold is met. Other than the Kalamazoo River and Fox River matters discussed below, we currently do not anticipate material expenses and liabilities from these environmental matters.

Fox River The Company was one of eight entities that was formally notified by governmental and other entities that it was a PRP for environmental claims (under CERCLA and other statutes) arising out of the presence of polychlorinated biphenyls ("PCBs") in sediments in the lower Fox River and in the Bay of Green Bay in Wisconsin. The Company was identified as a PRP because of alleged PCB discharges from two carbonless copy paper manufacturing facilities it previously owned, which were located along the Fox River, and carbonless copy paper "broke" the Company allegedly sold to other mills as raw material. In 2017, the Company entered into a Consent Decree with the federal and state governments for the clean-up of the Fox River, which was approved on August 22, 2017 by the federal district court in Wisconsin presiding over this matter. The Consent Decree resolved the Company's disputes with the enforcement agencies as well as the other PRPs.

All litigation relating to the contribution and enforcement of remediation obligations on the Fox River has been concluded. On October 3, 2022, the Environmental Protection Agency issued the Company a Certificate of Completion certifying that all of the Company's remedial obligations under the Consent Decree have been completed.

The cost of the Fox River remediation has been shared with three parties (a previous party, API, fully satisfied its obligations in 2016 and is now bankrupt): B.A.T. Industries p.l.c. ("BAT") as co-obligor, and AT&T Corp. ("AT&T") and Nokia (as the successor to Lucent Technologies and Alcatel-Lucent USA) as indemnitors. Under a 1998 Cost Sharing Agreement and subsequent 2005 arbitration award (collectively, the "Cost Sharing Agreement"), from 2008 through 2014, BAT paid 60 % of the cost of the Fox River clean-up and natural resource damages. Pursuant to a September 30, 2014 funding agreement (the "Funding Agreement"), BAT funded 50 % of the Company's Fox River remediation costs from October 1, 2014 forward. The Funding Agreement also provides the Company contractual avenues for a future payment of, via direct and third-party sources, (1) the difference between BAT's 60 % obligation under the Cost Sharing Agreement on the one hand and their ongoing (since September 2014) 50 % payments under the Funding Agreement on the other, and (2) the difference between the amount the Company received under the Funding Agreement and the amount owed to it under the Cost Sharing Agreement for the period from April 2012 through September 2014 (collectively, the "Funding Agreement Receivable"). Pursuant to a 2015 Letter Agreement, the Company's contractual avenue for direct payment by BAT was effectively stayed pending completion of other unrelated lawsuits by BAT against third-parties. As of September 30, 2026 and December 31, 2025, the Funding Agreement Receivable was approximately $ 54 million and was included in Other assets in the Consolidated Balance Sheets. The timing of collection of sums related to the receivable is uncertain and is subject and pursuant to the terms of the Funding Agreement and related agreements. This receivable is not taken into account in calculating the Company's Fox River remaining reserve.

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Note 10: SERIES A CONVERTIBLE PREFERRED STOCK 2 changes

Holders of Series A Convertible Preferred Stock are entitled to a cumulative dividend at the rate of 5.5 % per annum, payable quarterly in arrears. Beginning in the first quarter of 2020, dividends are payable in cash or in-kind at the option of the Company. If the Company does not declare and pay a dividend, the dividend rate will increase to 8.0 % per annum until all accrued but unpaid dividends have been paid in full. During the three months ended June September 30, 2026 and 2025, the Company paid cash dividends of $ 3 million and $ 4 3 million, respectively. During the six nine months ended June September 30, 2026 and 2025, the Company paid cash dividends of $ 6 9 million and $ 8 11 million, respectively.

Prior to the close of business on October 17, 2023, the Series A Convertible Preferred Stock was convertible at the option of the holders at any time into shares of common stock at a conversion price of $ 30.00 per share, or a conversion rate of 33.333 shares of common stock per share of Series A Convertible Preferred Stock. As a result of the Spin-Off, the conversion rate of the Series A Convertible Preferred Stock was adjusted pursuant to its terms to 57.5601 shares of common stock per share of Series A Convertible Preferred Stock. As of June September 30, 2026 and December 31, 2025, the maximum number of common shares that could be required to be issued upon conversion of the outstanding shares of Series A Convertible Preferred Stock was 11.9 million shares.

Note 12: DERIVATIVES AND HEDGING INSTRUMENTS 4 changes

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Interest Rate Risk We manage interest rate risk by managing the amount, sources and duration of debt funding. The Company has historically used interest rate cap agreements or interest rate swap contracts ("Interest Rate Derivatives") to manage differences in the amount, timing and duration of known or expected cash payments related to our floating rate-debt agreements.

The Company designates Interest Rate Derivative contracts as cash flow hedges of forecasted transactions when they are determined to be highly effective at inception. Payments and receipts related to Interest Rate Derivatives are included in cash flows from operating activities in the Condensed Consolidated Statements of Cash Flows.

Foreign Currency Exchange Risk A portion of our operations and revenue occur outside the United States and, as such, the Company has exposure to approximately 25 functional currencies. Our results can be significantly impacted, both positively and negatively, by changes in foreign currency exchange rates. The Company seeks to mitigate such impact by hedging its foreign currency transaction exposure using foreign currency forward and option contracts. We do not enter into hedges for speculative purposes. We recognize the gains and losses on these types of hedges in earnings as exchange rates change.

The accounting guidance for derivatives and hedging requires companies to recognize all derivative instruments as either assets or liabilities at fair value in the Condensed Consolidated Balance Sheets. The Company designates foreign exchange contracts as cash flow hedges of forecasted transactions when they are determined to be highly effective at inception.

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Note 13: FAIR VALUE OF ASSETS AND LIABILITIES 3 changes

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Assets and liabilities recorded at fair value on a recurring basis as of June September 30, 2026 are set forth in the table as follows. Assets and liabilities recorded at fair value on a recurring basis as of December 31, 2025 were zero .

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Although we have determined that the majority of the inputs used to value our derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments utilize Level 3 inputs to evaluate the likelihood of both our own default and counterparty default. As of June September 30, 2026, we determined that the credit valuation adjustments are not significant to the overall valuation of our derivatives and therefore, the valuations are classified in Level 2 of the fair value hierarchy.

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From time to time, certain assets are measured at fair value on a non-recurring basis using significant unobservable inputs (Level 3). The Company reviews the carrying values of investments when events and circumstances warrant and considers all available evidence in evaluating when declines in fair value are other-than-temporary declines. There were no material impairment charges or non-recurring fair value adjustments recorded during the three and six nine months ended June September 30, 2026 and 2025.

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Note 14: ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) 5 changes

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Other comprehensive income (loss) before reclassifications ( 12 10 ) — ( 12 10 )

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Balance as of June 30, 2026 $ ( 457 ) $ 6 $ — $ ( 451 )

Net current period other comprehensive (loss) income $ ( 12 10 ) $ — $ — $ ( 12 10 )

Balance as of September 30, 2026 $ ( 455 ) $ 6 $ — $ ( 449 )

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There were no reclassifications out of AOCI during the three and six nine months ended June September 30, 2026 or 2025.

Note 15: SUPPLEMENTAL FINANCIAL INFORMATION 10 changes

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In millions June September 30, 2026 December 31, 2025

Accounts receivable, gross 472 427 491

Less: allowance for credit losses ( 20 17 ) ( 21 )

Total accounts receivable, net $ 452 410 $ 470

Our allowance for credit losses as of June September 30, 2026 and December 31, 2025 was $ 20 17 million and $ 21 million, respectively. We continue to evaluate our reserves in light of the age and quality of our outstanding accounts receivable as well as risks to specific industries or countries and adjust the reserves accordingly. The impact to our allowance for credit losses was a benefit of $ 2 million and expense of $ 4 2 million for both the three and six nine months ended June September 30, 2026, respectively, and expense of $ 3 1 million and $ 4 5 million for the three and six nine months ended June September 30, 2025, respectively. The Company recorded write-offs against the reserve of $ 3 1 million and $ 5 6 million for the three and six nine months ended June September 30, 2026, respectively, and $ 2 7 million and $ 3 10 million for the three and six nine months ended June September 30, 2025, respectively.

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In millions June September 30, 2026 December 31, 2025

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Service parts 122 130

Total inventories $ 128 $ 217

Service parts 120 130

Total inventories $ 121 $ 217

MD&A 291 changes

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• Results of operations. This section contains an analysis of our results of operations presented in the accompanying Condensed Consolidated Statements of income Operations by comparing the results for the three and six nine months ended June September 30, 2026 to the results for the three and six nine months ended June September 30, 2025.

• Liquidity and capital resources. This section provides an analysis of our cash flows and a discussion of our contractual obligations at June September 30, 2026.

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In August 2024, the Company announced its entry into a commercial agreement with Ennoconn Corporation ("Ennoconn") to transition its self-checkout and point-of-sale hardware businesses to an outsourced design and manufacturing model, including the sale of certain assets relating to these businesses (the "Hardware Business Transition"). Under the terms of the agreement, Ennoconn designs, manufactures, warrants, supplies, and ships self-checkout and point-of-sale hardware directly to the Company's customers and the Company sells hardware to its customers as a sales agent for Ennoconn and continues to provide its point-of-sale and self-checkout software as well as key support and maintenance services. During the six nine months ended June September 30, 2026, the Company sold inventory to Ennoconn as part of the Hardware Business Transition, and beginning on April 1, 2026, the Company began recording commission revenue from point-of-sale and self-checkout hardware sales as an agent for Ennoconn on a net basis, excluding the costs paid to Ennoconn.

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• Restaurants - Our Restaurants segment is focused on serving restaurants and food service establishments, including quick-service, table-service and fast casual restaurants of all sizes. Our restaurant solutions include, software, payments, hardware, installation, maintenance, and managed and professional services. These solutions are designed to help streamline order and transaction processing, increase consumer engagement, manage the supply chain, increase kitchen productivity and reduce operating costs.

• Retail - Our Retail segment serves enterprise and mid-market retailers primarily in the convenience fuel & retail, fuel, grocery, drug & mass merchandise, and department & specialty retail industries. Our retail industry segments. We offer an end-to-end suite of unified commerce solutions, including spanning across software, services, payments, installation and maintenance services, managed and professional services, and hardware. These offerings provide end-to-end connectivity within a are purpose-built to enable retailers to deliver the seamless experiences that customers operations, including, have come to expect. Our SaaS solutions, powered by the Voyix Commerce Platform, include, among others, point-of-sale ("POS"), self-checkout ("SCO"), consumer marketing and loyalty, inventory and supply chain management, fraud and loss prevention, loyalty and consumer engagement.

• Restaurants - Our Restaurants segment serves restaurants and food service establishments of varying size, format and complexity, including, for example, quick-service, table-service, and fast-casual restaurants. We offer an end-to-end suite of unified commerce solutions, spanning across software, payments, installation and maintenance services, managed and professional services, and hardware. Our SaaS solutions for restaurants, powered by the Voyix Commerce Platform, include, among others, POS, consumer marketing and loyalty, inventory and kitchen management ordering, pay-at-table, menu management, and labor management.

Corporate and Other includes income and expenses related to corporate functions that are not specifically attributable to either of our two reportable segments, along with certain non-strategic businesses that are considered immaterial operating segment(s), as well as commercial agreements with NCR Atleos. in the prior year.

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• Adjusted EBITDA increased 5% compared to the prior year period

The following were highlights for the second third quarter of 2026:

• Recurring revenue increased 3% 1% as compared to the prior year period and comprised 83% 79% of total consolidated revenue

• Software and services revenue increased 1% was flat compared to the prior year period and comprised 95% 93% of total consolidated revenue

• Net income from continuing operations was $14 million, compared to a net loss from continuing operations of $18 million in the prior year period

• Adjusted EBITDA was $120 million compared to $123 million in the prior year period

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Software-as-a-Service ("SaaS") solutions, (ii) expanding adoption of our integrated payment solutions, (iii) scaling our differentiated services offerings and (iv) investing in innovation to further expand our platform capabilities.

Our strategy is to advance our position as the platform-powered leader in unified commerce for shopping and dining at a time when consumer expectations for seamless, personalized and frictionless experiences continue to rise across both retail and restaurant environments. Today's consumers expect to shop, order, pay and receive service effortlessly, whether online, in store, curbside or through mobile channels. They increasingly favor brands that deliver speed, consistency and convenience at every interaction. These heightened expectations have placed pressure on retailers and restaurants to modernize their operations and adopt technologies that can support real-time engagement and continuous innovation across digital and physical touchpoints. Guided by our mission to make the consumer experience seamless, we focus on delivering integrated, scalable solutions that enable restaurants and retailers to differentiate their brands and operate more efficiently in a rapidly evolving commerce landscape. By combining hardware, software, services and payments into a unified suite of offerings, we can deliver to customers an end-to-end value proposition that we believe is difficult to match. As the adoption of our platform and solutions accelerates, we expect to strengthen customer relationships, enhance recurring revenue streams and broaden monetization opportunities across our Voyix Commerce Platform. To achieve our goals, we are focused on: (i) delivering a modern suite of Software-as-a-Service ("SaaS") solutions, (ii) expanding adoption of our integrated payment solutions, (iii) scaling our differentiated services offerings and (iv) investing in innovation to further expand our platform capabilities.

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Given our geographic presence and the multinational composition of our customer base, our business and financial performance could be impacted by the evolving global economic landscape. We are subject to a variety of risks posed by the current macroeconomic environment, and we are continuously monitoring the direct and indirect impacts of these circumstances. Economic pressures on retail and restaurant businesses and on consumers could negatively affect our revenue and profitability in future periods. In addition, U.S. foreign trade policy continues to evolve under the current presidential administration, including the announcement of a number of new tariffs subsequent to the U.S. Supreme Court's February 2026 decision to uphold a ruling that invalidated certain tariffs previously imposed, some of which have since expired and been replaced by tariffs under other authorities, and some of which have prompted retaliatory tariffs by certain foreign countries. It is currently unknown if these tariffs will remain in place, be expanded or be removed, and we do not know whether additional foreign countries will adopt retaliatory trade policies in response to these new tariffs. The current trade policy environment is expected to continue to evolve, but we cannot anticipate the impact that these or other changes will have on our business and financial performance. As a result of these uncertainties, we may be impacted in the future within the markets in which we operate.

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For the three and six nine months ended June September 30, 2026 compared to the three and six nine months ended June September 30, 2025

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The following tables show our results for the three and six nine months ended June September 30, 2026 and 2025, respectively, the relative percentage that those amounts represent to revenue, and the change in those amounts year-over-year.

Three months ended June September 30 Percentage of Revenue (1)

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Product revenue $ 27 $ 185 5.2 % 28.0 % (85) %

Service revenue 496 475 94.8 % 72.0 % 4 %

Total revenue 523 660 100.0 % 100.0 % (21) %

Product gross margin 6 16 22.2 % 8.6 % (63) %

Service gross margin 150 134 30.2 % 28.2 % 12 %

Total gross margin 156 150 29.8 % 22.7 % 4 %

Selling, general and administrative expenses 112 105 21.4 % 15.9 % 7 %

Research and development expenses 30 32 5.7 % 4.8 % (6) %

Total operating expenses 142 137 27.2 % 20.8 % 4 %

Income (loss) from operations $ 14 $ 13 2.7 % 2.0 % 8 %

Product revenue $ 35 $ 198 6.5 % 29.2 % (82) %

Service revenue 504 479 93.5 % 70.8 % 5 %

Total revenue 539 677 100.0 % 100.0 % (20) %

Product gross margin 6 31 17.1 % 15.7 % (81) %

Service gross margin 171 133 33.9 % 27.8 % 29 %

Total gross margin 177 164 32.8 % 24.2 % 8 %

Selling, general and administrative expenses 104 110 19.3 % 16.2 % (5) %

Research and development expenses 31 40 5.8 % 5.9 % (23) %

Total operating expenses 135 150 25.0 % 22.2 % (10) %

Income (loss) from operations $ 42 $ 14 7.8 % 2.1 % 200 %

Six Nine months ended June September 30 Percentage of Revenue (1)

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Product revenue $ 176 $ 337 15.6 % 26.5 % (48) %

Service revenue 953 935 84.4 % 73.5 % 2 %

Total revenue 1,129 1,272 100.0 % 100.0 % (11) %

Product gross margin 13 23 7.4 % 6.8 % (43) %

Service gross margin 273 261 28.6 % 27.9 % 5 %

Total gross margin 286 284 25.3 % 22.3 % 1 %

Selling, general and administrative expenses 222 220 19.7 % 17.3 % 1 %

Research and development expenses 69 72 6.1 % 5.7 % (4) %

Total operating expenses 291 292 25.8 % 23.0 % — %

Product revenue $ 211 $ 535 12.6 % 27.4 % (61) %

Service revenue 1,457 1,414 87.4 % 72.6 % 3 %

Total revenue 1,668 1,949 100.0 % 100.0 % (14) %

Product gross margin 19 54 9.0 % 10.1 % (65) %

Service gross margin 444 394 30.5 % 27.9 % 13 %

Total gross margin 463 448 27.8 % 23.0 % 3 %

Selling, general and administrative expenses 326 330 19.5 % 16.9 % (1) %

Research and development expenses 100 112 6.0 % 5.7 % (11) %

Total operating expenses 426 442 25.5 % 22.7 % (4) %

Income (loss) from operations $ 37 $ 6 2.2 % 0.3 % 517 %

Income (loss) from operations $ (5) $ (8) (0.4) % (0.6) % n/m (1) The percentage of revenue is calculated for each line item divided by total revenue, except for product gross margin and service gross margin, which are divided by the related component of revenue.

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The following tables show our key strategic financial metrics for the three and six nine months ended June September 30, 2026 and 2025, respectively, the relative percentage that those amounts represent to total revenue, and the change in those amounts year-over-year.

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Three months ended June September 30 Percentage of Total Revenue Increase (Decrease)

In millions 2026 2025 2026 2025 2026 vs 2025

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All other products and services 88 239 16.8 % 36.2 % (63) %

Total Revenue $ 523 $ 660 100.0 % 100.0 % (21) %

All other products and services 111 255 20.6 % 37.7 % (56) %

Total Revenue $ 539 $ 677 100.0 % 100.0 % (20) %

Six Nine months ended June September 30 Percentage of Total Revenue Increase (Decrease)

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All other products and services 275 447 24.4 % 35.1 % (38) %

Total Revenue $ 1,129 $ 1,272 100.0 % 100.0 % (11) %

All other products and services 386 702 23.1 % 36.0 % (45) %

Total Revenue $ 1,668 $ 1,949 100.0 % 100.0 % (14) %

(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 payments revenue and certain professional services arrangements as well as term-based software license arrangements that include customer termination rights.

Three months ended June September 30 Percentage of Total Revenue Increase (Decrease)

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Software and services revenue $ 497 $ 493 95.0 % 74.7 % 1 %

Software and services revenue $ 500 $ 500 92.8 % 73.9 % — %

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Total Revenue $ 523 $ 660 100.0 % 100.0 % (21) %

Total Revenue $ 539 $ 677 100.0 % 100.0 % (20) %

Six Nine months ended June September 30 Percentage of Total Revenue Increase (Decrease)

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Software and services revenue $ 969 $ 968 85.8 % 76.1 % — %

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and 211 more changes in the filing

Forward-looking statements 1 change

This Quarterly Report on Form 10-Q (this "Quarterly Report") contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"), Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934 (the "Exchange Act"). Forward-looking statements may appear throughout this Quarterly Report and can generally be identified by words such as "expect," "target," "anticipates," "outlook," "guidance," "intend," "plan," "believe," "will," "should," "would," "potential," "forecast," "proposed," "planned," "objective," "estimate," "expected," "likely," "could," "may," and similar expressions referencing future events, conditions or circumstances. We intend for these forward-looking statements to be covered by the safe harbor provisions contained in the Act that are applicable to forward-looking statements. Examples of forward-looking statements include, without limitation, the Company's plans, strategies, projections, future financial or operational results, events, trends, and economic and other future conditions. Forward-looking statements in this Quarterly Report include, without limitation, statements regarding: the Company's plans, strategies, projections, future financial or operational results, events, trends, and economic and other future conditions; the Company's plans, strategies, or objectives for future operations and offerings, including the Company's suite of microservices-based applications, and its Voyix Commerce Platform; the expected benefits resulting from the Hardware Business Transition; the estimated or anticipated future results and benefits of the Company's plans and operations; the expected timing for the closing of the Japan bank technology solutions sale; the Company's expectations of demand for its solutions and service offerings; and statements regarding the Company's ability to deliver increased value to customers and stockholders. Forward-looking statements are based solely on management's current beliefs, expectations and assumptions, whether express or implied, regarding the future, which may prove to be inaccurate. Actual results could differ materially from expectations expressed or implied by such forward-looking statements due to a number of factors, such as the risks and uncertainties, including, but not limited to, the following: our ability to successfully execute our growth strategy; our ability to successfully develop new solutions that achieve market acceptance and keep pace with technological developments; our ability to maintain a consistently high level of customer service; our ability to achieve some or all of the expected benefits of our cost reduction initiatives; the success of our strategic relationships with third parties and our ability to integrate with third-party applications and software; risks related to tariffs, sanctions and trade barriers, and the related impact on macroeconomic conditions; the availability or applicability of tariff and duty exemptions to our products; the failure of our past or future acquisitions, divestitures and other strategic transactions to produce the anticipated results; potential indemnification obligations to NCR Atleos or a refusal of NCR Atleos to indemnify us pursuant to agreements executed in the spin-off; our ability to protect our systems and data from cybersecurity threats (including artificial intelligence) or other technological risks; risks related to evolving global laws and regulations relating to data privacy, data protection and information security; our ability to protect our intellectual property; unexpected costs in connection with environmental liabilities relating to the Company's historical operations; extensive competition in our markets; disruptions in our data center hosting and public cloud facilities; risks related to defects, errors, installation difficulties or development delays; the failure of our artificial intelligence capabilities to operate as anticipated; our ability to maintain and update our information technology systems; changes in U.S. or foreign trade policies and domestic and global economic and credit conditions; risks related to geopolitical or armed conflicts in a region where we operate; our ability to retain key employees, or to recruit, develop and retain qualified employees; the inability of third party suppliers to fulfill our needs; risks related to our level of indebtedness; our ability to continue to access or renew financing sources and obtain capital; our failure to maintain effective internal control over financial reporting; and other factors included in "Item 1A-Risk Factors" of our most recent Annual Report on Form 10-K and in other documents that we file with the U.S. Securities and Exchange Commission ("SEC"), which we advise you to review.

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Market risk 4 changes

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For purposes of analyzing potential risk, we use sensitivity analysis to quantify potential impacts that market rate changes may have on the fair values of our hedge portfolio. The sensitivity analysis represents the hypothetical changes in value of the hedge position and does not reflect the related gain or loss on the forecasted underlying transaction. A 10% appreciation in the value of the U.S. Dollar against foreign currencies from the prevailing market rates would have resulted in a corresponding decrease in the fair value of the hedge portfolio of less than $21 $28 million as of June September 30, 2026. A 10% depreciation in the value of the U.S. Dollar against foreign currencies from the prevailing market rates would have resulted in a corresponding increase in the fair value of the hedge portfolio of $23 $31 million as of June September 30, 2026. The Company expects that any increase or decrease in the fair value of the portfolio would be substantially offset by increases or decreases in the underlying exposures being hedged.

The U.S. Dollar was weaker stronger in the second third quarter of 2026 compared to the second third quarter of 2025 based on comparable weighted averages average exchange rates for our functional currencies. This excludes the effects of our hedging activities and, therefore, does not reflect the actual impact of fluctuations in exchange rates on our operating income.

Approximately 100% of our borrowings were on a fixed rate basis as of June September 30, 2026 and we did not have any outstanding interest rate derivative contracts as of June September 30, 2026. We are subject to interest rate risk related to variable-rate debt when we borrow from our Revolving Credit Facility. As of June September 30, 2026 and December 31, 2025, we had no borrowings under the facility.

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We are potentially subject to concentrations of credit risk on accounts receivable and financial instruments, such as hedging instruments and cash and cash equivalents. Credit risk includes the risk of nonperformance by counterparties. The maximum potential loss may exceed the amount recognized on the balance sheet. Exposure to credit risk is managed through credit approvals, credit limits, selecting major international financial institutions as counterparties to hedging transactions, and monitoring procedures. Our business often involves large transactions with customers for which we do not require collateral. If one or more of those customers were to default in its obligations under applicable contractual arrangements, we could be exposed to potentially significant losses. Moreover, a prolonged downturn in the global economy could have an adverse impact on the ability of our customers to pay their obligations on a timely basis. We believe that the reserves for potential losses are adequate. As of June September 30, 2026, we did not have any significant concentration of credit risk related to financial instruments.

Controls and procedures 2 changes

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The Company has established disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934, as amended (the Exchange Act)). The Company's management carried out an evaluation, under the supervision and with the participation of its Chief Executive and Chief Financial Officers, of the effectiveness of the design and operation of the Company's disclosure controls and procedures as of June September 30, 2026. Based on this evaluation, the Company's Chief Executive and Chief Financial Officers have concluded that the Company's disclosure controls and procedures were effective as of June September 30, 2026 to provide reasonable assurance that the information required to be disclosed by the Company in reports that it files or submits under the Exchange Act is (i) recorded, processed, summarized and reported within the time periods specified in the SEC rules and forms and (ii) accumulated and communicated to management, including the Company's Chief Executive and Chief Financial Officers, as appropriate, to allow timely decisions regarding required disclosure.

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There have been no changes in the Company's internal control over financial reporting that occurred during the three months ended June September 30, 2026 that have materially affected, or are reasonably likely to materially affect, the Company's internal control over financial reporting.

Unregistered sales of stock 4 changes

In May 2025, the Board of Directors (the "Board") approved an amended and restated share repurchase program (the "Repurchase Program"), with no expiration from the date of authorization, that provided for a total aggregate repurchase authority of $200 million, to repurchase shares of the Company's common stock and Series A preferred stock. Taking into account prior repurchases under the Repurchase Program, on February 12, 2026, the Board amended the Repurchase Program to add an incremental $178 million of repurchase authority under the program, which brought the total remaining aggregate repurchase authority under the program at the time to $300 million. As of June September 30, 2026 , the Repurchase Program had an existing aggregate remaining repurchase authority of $280 $272 million.

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The Company's 2026 Stock Incentive Plan and 2017 Stock Incentive Plan allow shares to be surrendered to the Company to satisfy tax withholding obligations associated with the vesting of restricted stock units . The following table sets forth information with respect to our repurchases of shares of common stock (including shares surrendered to satisfy tax withholding) during the three months ended June September 30, 2026.

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(1) For the three months ended June September 30, 2026, approximately 12,578 97,601 shares were surrendered to the Company to satisfy tax withholding obligations associated with the vesting of restricted stock units issued to employees under the 2017 Stock Incentive Plan. With respect to these surrendered shares, the price paid per share is based on the fair value at the time of surrender.

(2) Represents amounts available for repurchases under the Repurchase Program as of June September 30, 2026.

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Other information 8 changes

During the fiscal quarter ended June September 30, 2026, no director or officer of the Company adopted or terminated a "Rule 10b5-1 trading arrangement" or "non-Rule 10b5-1 trading arrangement," as each term is defined in Item 408(a) of the SEC's Regulation S-K.

Executive Appointments

On November 3, 2026, the Board appointed Darren Wilson, (previously the Company's Executive Vice President and President, Retail and Payments), as President of the Company, effective November 5, 2026 (the "Effective Date"). In connection with Mr. Wilson's appointment, James G. Kelly will continue to serve as the Company's Chief Executive Officer and as a member of the Board but will cease to serve as President as of the Effective Date.

Mr. Wilson, age 59, has served as Executive Vice President and President, Retail and Payments since February 2025. He joined the Company in November 2024 as Executive Vice President and President, International. Before joining the Company, Mr. Wilson served as President, International at EVO Payments, Inc. from April 2014 to March 2023, and earlier held leadership roles at Worldpay UK, Global Payments Inc. and HSBC Banking Group. There are no arrangements or understandings between Mr. Wilson and any other person under which he was selected as President, and he has no family relationships with any director or executive officer of the Company. Mr. Wilson has no direct or indirect material interest in any transaction required to be disclosed under Item 404(a) of Regulation S-K.

In connection with Mr. Wilson's appointment as President of the Company, on November 4, 2026, the Company and Mr. Wilson entered into an amendment to Mr. Wilson's Statement of Terms & Conditions of Employment dated November 1, 2024, as amended on February 9, 2025. The amendment provides for: (i) Mr. Wilson's new title of President; (ii) an increase in his annual base salary to £488,721; (iii) an increase in his annual target long-term incentive award value to $3,000,000; and (iv) if his employment is terminated by the Company without cause, vesting of his equity awards in an amount equal to the greater of 50% or pro rata vesting.

On November 3, 2026, the Board appointed Brendan Tansill as Executive Vice President and President, Retail and Payments of the Company, effective December 14, 2026, succeeding Mr. Wilson in such role.

In addition, on November 2, 2026, the Compensation Committee of the Board approved the amendment and restatement of the NCR Voyix Corporation 2024 Executive Severance Plan (as amended and restated, the "Severance Plan") to create a severance tier for the President of the Company equal to the Chief Financial Officer's tier (1.5 times base salary plus target bonus for a qualifying termination not connected with a change in control, and 2.0 times base salary plus target bonus for a qualifying termination connected with a change in control).

The foregoing descriptions are summaries and are qualified in their entirety by the full text of the amendment to Mr. Wilson's employment agreement and the Severance Plan, which are filed as Exhibits 10.1 and 10.2 to this Quarterly Report on Form 10-Q and incorporated herein by reference.

Exhibits 5 changes

NCR Voyix Corporation 2026 Stock Incentive Plan (Appendix A to the NCR Voyix Corporation Proxy Statement on Schedule 14A for the NCR Voyix Corporation 2026 Annual Meeting of Stockholders)* †

Amendment to Employment Contract, dated November 4, 2026, between Darren Wilson and NCR Voyix Corporation. * †

NCR Voyix Corporation Amended and Restated Executive Severance Plan, adopted November 2, 2026. * †

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101 The following materials from NCR Voyix Corporation's Quarterly Report on Form 10-Q for the quarter ended June September 30, 2026, formatted in iXBRL (Inline Extensible Business Reporting Language): (i) our condensed consolidated statements of operations for the three and six nine months ended June September 30, 2026 and 2025; (ii) our condensed consolidated statements of comprehensive income (loss) for the three and six nine months ended June September 30, 2026 and 2025; (iii) our condensed consolidated balance sheets as of June September 30, 2026 and December 31, 2025; (iv) our condensed consolidated statements of cash flows for the six nine months ended June September 30, 2026 and 2025; (v) our condensed consolidated statements of changes in stockholders' equity (deficit) for the three and six nine months ended June September 30, 2026 and 2025; and (vi) the notes to our condensed consolidated financial statements.

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Date: August November 5, 2026 By: /s/ James Wise

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