NCR Voyix (VYX)
NYSEInformation TechnologyInformation Technology ServicesSnapshot 2026-09-04
$9.14+2.01%
Close 2026-09-04 · 1-day change
NYSEInformation TechnologyInformation Technology ServicesSnapshot 2026-09-04
QuarterlyIQ Insights · VYX
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on expanding customer engagement and scaling deployments of Voyix Commerce Platform applications through innovation, automation, and AI.
Stated as a priority in 3 of last 3 quarters. Remaining Contract Value for Voyix Commerce Platform applications grew to approximately $286 million by 2026-Q2, a 65% increase year-over-year. Platform sites increased 10% to 85,000 in the same period. Management's focus on accelerating adoption and scaling deployments is delivering measurable growth in contract value and platform footprint.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated neutral grew net income 55% of the time over the next year (vs 56% for the rest of the cohort, n=8445).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“We remain focused on accelerating adoption and scaling deployments of our solutions through targeted innovation, intelligent automation, and agentic AI.”
“Demand for our Voyix Commerce Platform applications remains strong, underscored by new customer wins and expanding interest globally.”
“We are now focused on delivering this enhanced offering to restaurants and retailers worldwide to meet rising demand.”
Sustain and increase recurring revenue from software, services, and platform applications to support predictable revenue growth.
Management has emphasized maintaining and growing recurring revenue in 3 of last 3 quarters. Recurring revenue increased from $421 million in 2025-Q2 to $435 million in 2026-Q2, showing a positive trajectory consistent with management's stated focus on predictable revenue streams.
“Recurring revenue was $435 million compared to $421 million in the prior year period.”
“Recurring revenue was $419 million compared to $404 million in the prior year period.”
“Software & Services Revenue was $504 million compared to $517 million in the prior year period.”
Increase adjusted free cash flow-unrestricted before restructuring costs to support investments and financial health.
Management has maintained the priority of improving adjusted free cash flow-unrestricted before restructuring in 3 of last 3 quarters. The outlook projects an increase from approximately $172.5 million in 2025 to a range of $190 to $220 million in 2026, indicating progress toward enhanced cash flow generation.
“For the full-year 2026, Adjusted Free Cash Flow-unrestricted before restructuring $190 - $220 million.”
“Adjusted Free Cash Flow-unrestricted before restructuring $190 - $220 million.”
“Adjusted Free Cash Flow - Unrestricted $170M - $175M for 2025.”
Finish transition of hardware business to ODM model and divest non-core assets to simplify and focus the business.
Management stated this priority in 3 of last 3 quarters. The hardware business transition was completed in Q1 2026, shifting revenue recognition to net sales commission. The company is also divesting its Japan bank technology business to optimize its portfolio. The execution matches management's stated timeline and focus.
“Completed the Hardware Business Transition with Ennoconn and continuing to optimize portfolio through sale of remaining Japanese bank technology business.”
“Revenue reflects gross hardware revenue recognition in Q1 2026 and net sales commission revenue recognition thereafter due to Hardware Business Transition.”
“Hardware Business Transition expected to complete by end of Q1 2026.”
Drive adjusted EBITDA growth and margin expansion to improve profitability and operational efficiency.
Management has emphasized adjusted EBITDA growth in 3 of last 3 quarters. Adjusted EBITDA increased from $93 million in 2025-Q2 to $98 million in 2026-Q2. The full-year 2026 outlook projects $432 to $447 million, a 3% to 7% increase over 2025's $425 million. The trajectory shows delivering on profitability improvement goals.
“Adjusted EBITDA was $98 million compared to $93 million in the prior year period.”
“Adjusted EBITDA was $78 million compared to $74 million in the prior year period.”
“Adjusted EBITDA was $130 million compared to $111 million in the prior year period.”
Over the trailing year it converted 0.18x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates (low R² over the window).
10 material management or governance events in the past 24 months, led by executive changes. Historically, Information Technology names rated stable grew net income 54% of the time over the next year (vs 60% for the rest of the cohort, n=2709).
Not investment advice. As of 2026-09-04.