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Side-by-side financial comparison of Digital Realty (DLR) and NCR Atleos Corp (NATL). Click either name above to swap in a different company.
Digital Realty is the larger business by last-quarter revenue ($1.6B vs $1.2B, roughly 1.4× NCR Atleos Corp). NCR Atleos Corp runs the higher net margin — 7.2% vs 6.0%, a 1.2% gap on every dollar of revenue. On growth, Digital Realty posted the faster year-over-year revenue change (16.1% vs 4.0%). Over the past eight quarters, Digital Realty's revenue compounded faster (9.8% CAGR vs 4.9%).
Digital Realty is a real estate investment trust that owns, operates and invests in carrier-neutral data centers across the world. The company offers data center, colocation, and interconnection 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.
DLR vs NATL — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.6B | $1.2B |
| Net Profit | $98.6M | $83.0M |
| Gross Margin | — | — |
| Operating Margin | 6.9% | 13.5% |
| Net Margin | 6.0% | 7.2% |
| Revenue YoY | 16.1% | 4.0% |
| Net Profit YoY | -10.3% | 102.4% |
| EPS (diluted) | $0.22 | $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 | $1.6B | — | ||
| Q4 25 | $1.6B | $1.2B | ||
| Q3 25 | $1.6B | $1.1B | ||
| Q2 25 | $1.5B | $1.1B | ||
| Q1 25 | $1.4B | $979.0M | ||
| Q4 24 | $1.4B | $1.1B | ||
| Q3 24 | $1.4B | $1.1B | ||
| Q2 24 | $1.4B | $1.1B |
| Q1 26 | $98.6M | — | ||
| Q4 25 | $98.6M | $83.0M | ||
| Q3 25 | $67.8M | $26.0M | ||
| Q2 25 | $1.0B | $39.0M | ||
| Q1 25 | $110.0M | $14.0M | ||
| Q4 24 | $189.6M | $41.0M | ||
| Q3 24 | $51.2M | $21.0M | ||
| Q2 24 | $80.2M | $27.0M |
| Q1 26 | 6.9% | — | ||
| Q4 25 | 6.9% | 13.5% | ||
| Q3 25 | 8.8% | 9.8% | ||
| Q2 25 | 14.2% | 10.8% | ||
| Q1 25 | 13.9% | 9.5% | ||
| Q4 24 | 10.1% | 13.4% | ||
| Q3 24 | 11.8% | 10.6% | ||
| Q2 24 | 0.7% | 9.8% |
| Q1 26 | 6.0% | — | ||
| Q4 25 | 6.0% | 7.2% | ||
| Q3 25 | 4.3% | 2.3% | ||
| Q2 25 | 69.1% | 3.5% | ||
| Q1 25 | 7.8% | 1.4% | ||
| Q4 24 | 13.2% | 3.7% | ||
| Q3 24 | 3.6% | 2.0% | ||
| Q2 24 | 5.9% | 2.5% |
| Q1 26 | $0.22 | — | ||
| Q4 25 | $0.22 | $1.09 | ||
| Q3 25 | $0.15 | $0.34 | ||
| Q2 25 | $2.94 | $0.52 | ||
| Q1 25 | $0.27 | $0.19 | ||
| Q4 24 | $0.50 | $0.56 | ||
| Q3 24 | $0.09 | $0.28 | ||
| Q2 24 | $0.20 | $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 | $3.5B | $456.0M |
| Total DebtLower is stronger | — | $2.7B |
| Stockholders' EquityBook value | $22.9B | $403.0M |
| Total Assets | $49.4B | $5.7B |
| Debt / EquityLower = less leverage | — | 6.63× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $3.5B | — | ||
| Q4 25 | $3.5B | $456.0M | ||
| Q3 25 | $3.3B | $412.0M | ||
| Q2 25 | $3.6B | $357.0M | ||
| Q1 25 | $2.3B | $352.0M | ||
| Q4 24 | $3.9B | $419.0M | ||
| Q3 24 | $2.2B | $395.0M | ||
| Q2 24 | $2.3B | $374.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | — | $2.8B | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $22.9B | — | ||
| Q4 25 | $22.9B | $403.0M | ||
| Q3 25 | $23.0B | $330.0M | ||
| Q2 25 | $22.9B | $350.0M | ||
| Q1 25 | $21.3B | $275.0M | ||
| Q4 24 | $21.3B | $219.0M | ||
| Q3 24 | $21.2B | $264.0M | ||
| Q2 24 | $20.5B | $250.0M |
| Q1 26 | $49.4B | — | ||
| Q4 25 | $49.4B | $5.7B | ||
| Q3 25 | $48.7B | $5.7B | ||
| Q2 25 | $48.7B | $5.8B | ||
| Q1 25 | $45.1B | $5.7B | ||
| Q4 24 | $45.3B | $5.5B | ||
| Q3 24 | $45.3B | $5.7B | ||
| Q2 24 | $43.6B | $5.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | 6.63× | ||
| Q3 25 | — | 8.45× | ||
| Q2 25 | — | 8.05× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 13.05× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $231.0M |
| Free Cash FlowOCF − Capex | — | $194.0M |
| FCF MarginFCF / Revenue | — | 16.8% |
| Capex IntensityCapex / Revenue | — | 3.2% |
| Cash ConversionOCF / Net Profit | — | 2.78× |
| TTM Free Cash FlowTrailing 4 quarters | — | $239.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $719.0M | $231.0M | ||
| Q3 25 | $652.9M | $25.0M | ||
| Q2 25 | $641.2M | $-23.0M | ||
| Q1 25 | $399.1M | $123.0M | ||
| Q4 24 | $769.5M | $80.0M | ||
| Q3 24 | $566.5M | $107.0M | ||
| Q2 24 | $573.2M | $9.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $194.0M | ||
| Q3 25 | — | $-5.0M | ||
| Q2 25 | — | $-44.0M | ||
| Q1 25 | — | $94.0M | ||
| Q4 24 | — | $62.0M | ||
| Q3 24 | — | $85.0M | ||
| Q2 24 | — | $-14.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 16.8% | ||
| Q3 25 | — | -0.4% | ||
| Q2 25 | — | -4.0% | ||
| Q1 25 | — | 9.6% | ||
| Q4 24 | — | 5.6% | ||
| Q3 24 | — | 7.9% | ||
| Q2 24 | — | -1.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.2% | ||
| Q3 25 | — | 2.7% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | 3.0% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | — | 2.1% | ||
| Q2 24 | — | 2.1% |
| Q1 26 | — | — | ||
| Q4 25 | 7.29× | 2.78× | ||
| Q3 25 | 9.63× | 0.96× | ||
| Q2 25 | 0.62× | -0.59× | ||
| Q1 25 | 3.63× | 8.79× | ||
| Q4 24 | 4.06× | 1.95× | ||
| Q3 24 | 11.07× | 5.10× | ||
| Q2 24 | 7.15× | 0.33× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DLR
Segment breakdown not available.
NATL
| Services | $848.0M | 74% |
| APJ | $136.0M | 12% |
| Americas Excluding United States | $135.0M | 12% |
| TT | $44.0M | 4% |
