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Side-by-side financial comparison of CLARIVATE PLC (CLVT) and NCR Atleos Corp (NATL). Click either name above to swap in a different company.
NCR Atleos Corp is the larger business by last-quarter revenue ($1.2B vs $585.5M, roughly 2.0× CLARIVATE PLC). NCR Atleos Corp runs the higher net margin — 7.2% vs -6.9%, a 14.1% gap on every dollar of revenue. On growth, NCR Atleos Corp posted the faster year-over-year revenue change (4.0% vs -1.4%). NCR Atleos Corp produced more free cash flow last quarter ($194.0M vs $78.9M). Over the past eight quarters, NCR Atleos Corp's revenue compounded faster (4.9% CAGR vs -5.1%).
Clarivate Plc is a British-American publicly traded analytics company that operates a collection of subscription-based services, in the areas of bibliometrics and scientometrics; business and market intelligence, and competitive profiling for pharmacy and biotech, patents, and regulatory compliance; trademark protection, and domain and brand protection. Clarivate calculates the impact factor of scientific journals, using data from its Web of Science product family, that also includes services...
NCR Voyix Corporation, previously known as NCR Corporation and National Cash Register, is a global software, consulting and technology company providing several professional services and electronic products. It manufactured self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners.
CLVT vs NATL — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $585.5M | $1.2B |
| Net Profit | $-40.2M | $83.0M |
| Gross Margin | 67.2% | — |
| Operating Margin | 5.2% | 13.5% |
| Net Margin | -6.9% | 7.2% |
| Revenue YoY | -1.4% | 4.0% |
| Net Profit YoY | 61.3% | 102.4% |
| EPS (diluted) | $-0.06 | $1.09 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $585.5M | — | ||
| Q4 25 | $617.0M | $1.2B | ||
| Q3 25 | $623.1M | $1.1B | ||
| Q2 25 | $621.4M | $1.1B | ||
| Q1 25 | $593.7M | $979.0M | ||
| Q4 24 | $663.0M | $1.1B | ||
| Q3 24 | $622.2M | $1.1B | ||
| Q2 24 | $650.3M | $1.1B |
| Q1 26 | $-40.2M | — | ||
| Q4 25 | $3.1M | $83.0M | ||
| Q3 25 | $-28.3M | $26.0M | ||
| Q2 25 | $-72.0M | $39.0M | ||
| Q1 25 | $-103.9M | $14.0M | ||
| Q4 24 | $-191.8M | $41.0M | ||
| Q3 24 | $-65.6M | $21.0M | ||
| Q2 24 | $-304.3M | $27.0M |
| Q1 26 | 67.2% | — | ||
| Q4 25 | 66.8% | — | ||
| Q3 25 | 65.0% | — | ||
| Q2 25 | 67.2% | — | ||
| Q1 25 | 65.1% | — | ||
| Q4 24 | 65.7% | — | ||
| Q3 24 | 66.2% | — | ||
| Q2 24 | 67.2% | — |
| Q1 26 | 5.2% | — | ||
| Q4 25 | 6.7% | 13.5% | ||
| Q3 25 | 7.1% | 9.8% | ||
| Q2 25 | 1.1% | 10.8% | ||
| Q1 25 | -3.5% | 9.5% | ||
| Q4 24 | -9.4% | 13.4% | ||
| Q3 24 | 3.5% | 10.6% | ||
| Q2 24 | -36.9% | 9.8% |
| Q1 26 | -6.9% | — | ||
| Q4 25 | 0.5% | 7.2% | ||
| Q3 25 | -4.5% | 2.3% | ||
| Q2 25 | -11.6% | 3.5% | ||
| Q1 25 | -17.5% | 1.4% | ||
| Q4 24 | -28.9% | 3.7% | ||
| Q3 24 | -10.5% | 2.0% | ||
| Q2 24 | -46.8% | 2.5% |
| Q1 26 | $-0.06 | — | ||
| Q4 25 | $0.00 | $1.09 | ||
| Q3 25 | $-0.04 | $0.34 | ||
| Q2 25 | $-0.11 | $0.52 | ||
| Q1 25 | $-0.15 | $0.19 | ||
| Q4 24 | $-0.27 | $0.56 | ||
| Q3 24 | $-0.09 | $0.28 | ||
| Q2 24 | $-0.46 | $0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $456.0M |
| Total DebtLower is stronger | $4.3B | $2.7B |
| Stockholders' EquityBook value | $4.8B | $403.0M |
| Total Assets | $10.9B | $5.7B |
| Debt / EquityLower = less leverage | 0.89× | 6.63× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $329.2M | $456.0M | ||
| Q3 25 | $318.7M | $412.0M | ||
| Q2 25 | $362.6M | $357.0M | ||
| Q1 25 | $354.0M | $352.0M | ||
| Q4 24 | $295.2M | $419.0M | ||
| Q3 24 | $388.5M | $395.0M | ||
| Q2 24 | $376.4M | $374.0M |
| Q1 26 | $4.3B | — | ||
| Q4 25 | $4.3B | $2.7B | ||
| Q3 25 | $4.4B | $2.8B | ||
| Q2 25 | $4.5B | $2.8B | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.5B | $2.9B | ||
| Q3 24 | $4.6B | — | ||
| Q2 24 | $4.6B | — |
| Q1 26 | $4.8B | — | ||
| Q4 25 | $4.8B | $403.0M | ||
| Q3 25 | $4.9B | $330.0M | ||
| Q2 25 | $5.0B | $350.0M | ||
| Q1 25 | $5.0B | $275.0M | ||
| Q4 24 | $5.1B | $219.0M | ||
| Q3 24 | $5.5B | $264.0M | ||
| Q2 24 | $5.6B | $250.0M |
| Q1 26 | $10.9B | — | ||
| Q4 25 | $11.1B | $5.7B | ||
| Q3 25 | $11.2B | $5.7B | ||
| Q2 25 | $11.4B | $5.8B | ||
| Q1 25 | $11.5B | $5.7B | ||
| Q4 24 | $11.5B | $5.5B | ||
| Q3 24 | $12.0B | $5.7B | ||
| Q2 24 | $12.1B | $5.8B |
| Q1 26 | 0.89× | — | ||
| Q4 25 | 0.89× | 6.63× | ||
| Q3 25 | 0.90× | 8.45× | ||
| Q2 25 | 0.90× | 8.05× | ||
| Q1 25 | 0.90× | — | ||
| Q4 24 | 0.88× | 13.05× | ||
| Q3 24 | 0.84× | — | ||
| Q2 24 | 0.83× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $134.7M | $231.0M |
| Free Cash FlowOCF − Capex | $78.9M | $194.0M |
| FCF MarginFCF / Revenue | 13.5% | 16.8% |
| Capex IntensityCapex / Revenue | 9.5% | 3.2% |
| Cash ConversionOCF / Net Profit | — | 2.78× |
| TTM Free Cash FlowTrailing 4 quarters | $333.9M | $239.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $134.7M | — | ||
| Q4 25 | $159.9M | $231.0M | ||
| Q3 25 | $181.1M | $25.0M | ||
| Q2 25 | $116.3M | $-23.0M | ||
| Q1 25 | $171.2M | $123.0M | ||
| Q4 24 | $141.3M | $80.0M | ||
| Q3 24 | $202.9M | $107.0M | ||
| Q2 24 | $126.2M | $9.0M |
| Q1 26 | $78.9M | — | ||
| Q4 25 | $89.2M | $194.0M | ||
| Q3 25 | $115.5M | $-5.0M | ||
| Q2 25 | $50.3M | $-44.0M | ||
| Q1 25 | $110.3M | $94.0M | ||
| Q4 24 | $59.1M | $62.0M | ||
| Q3 24 | $126.3M | $85.0M | ||
| Q2 24 | $60.3M | $-14.0M |
| Q1 26 | 13.5% | — | ||
| Q4 25 | 14.5% | 16.8% | ||
| Q3 25 | 18.5% | -0.4% | ||
| Q2 25 | 8.1% | -4.0% | ||
| Q1 25 | 18.6% | 9.6% | ||
| Q4 24 | 8.9% | 5.6% | ||
| Q3 24 | 20.3% | 7.9% | ||
| Q2 24 | 9.3% | -1.3% |
| Q1 26 | 9.5% | — | ||
| Q4 25 | 11.5% | 3.2% | ||
| Q3 25 | 10.5% | 2.7% | ||
| Q2 25 | 10.6% | 1.9% | ||
| Q1 25 | 10.3% | 3.0% | ||
| Q4 24 | 12.4% | 1.6% | ||
| Q3 24 | 12.3% | 2.1% | ||
| Q2 24 | 10.1% | 2.1% |
| Q1 26 | — | — | ||
| Q4 25 | 51.58× | 2.78× | ||
| Q3 25 | — | 0.96× | ||
| Q2 25 | — | -0.59× | ||
| Q1 25 | — | 8.79× | ||
| Q4 24 | — | 1.95× | ||
| Q3 24 | — | 5.10× | ||
| Q2 24 | — | 0.33× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLVT
| Subscription | $397.5M | 68% |
| Re-occurring | $108.6M | 19% |
| Transactional | $79.4M | 14% |
NATL
| Services | $848.0M | 74% |
| APJ | $136.0M | 12% |
| Americas Excluding United States | $135.0M | 12% |
| TT | $44.0M | 4% |