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Side-by-side financial comparison of KeyCorp (KEY) and NCR Atleos Corp (NATL). Click either name above to swap in a different company.
KeyCorp is the larger business by last-quarter revenue ($2.0B vs $1.2B, roughly 1.7× NCR Atleos Corp). KeyCorp runs the higher net margin — 25.4% vs 7.2%, a 18.2% gap on every dollar of revenue. On growth, KeyCorp posted the faster year-over-year revenue change (131.8% vs 4.0%). KeyCorp produced more free cash flow last quarter ($2.1B vs $194.0M). Over the past eight quarters, KeyCorp's revenue compounded faster (14.4% CAGR vs 4.9%).
Key is a Japanese visual novel studio known for making dramatic and plot-oriented titles. It was formed on July 21, 1998, as a brand under the publisher Visual Arts, and is located in Kita, Osaka.
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.
KEY vs NATL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $1.2B |
| Net Profit | $510.0M | $83.0M |
| Gross Margin | — | — |
| Operating Margin | 32.3% | 13.5% |
| Net Margin | 25.4% | 7.2% |
| Revenue YoY | 131.8% | 4.0% |
| Net Profit YoY | 309.0% | 102.4% |
| EPS (diluted) | $0.43 | $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.
| Q4 25 | $2.0B | $1.2B | ||
| Q3 25 | $1.9B | $1.1B | ||
| Q2 25 | $1.8B | $1.1B | ||
| Q1 25 | $1.8B | $979.0M | ||
| Q4 24 | $865.0M | $1.1B | ||
| Q3 24 | $695.0M | $1.1B | ||
| Q2 24 | $1.5B | $1.1B | ||
| Q1 24 | $1.5B | $1.0B |
| Q4 25 | $510.0M | $83.0M | ||
| Q3 25 | $489.0M | $26.0M | ||
| Q2 25 | $425.0M | $39.0M | ||
| Q1 25 | $405.0M | $14.0M | ||
| Q4 24 | $-244.0M | $41.0M | ||
| Q3 24 | $-410.0M | $21.0M | ||
| Q2 24 | $274.0M | $27.0M | ||
| Q1 24 | $219.0M | $-9.0M |
| Q4 25 | 32.3% | 13.5% | ||
| Q3 25 | 31.8% | 9.8% | ||
| Q2 25 | 29.3% | 10.8% | ||
| Q1 25 | 29.0% | 9.5% | ||
| Q4 24 | -92.6% | 13.4% | ||
| Q3 24 | -72.8% | 10.6% | ||
| Q2 24 | 22.0% | 9.8% | ||
| Q1 24 | 18.1% | 6.5% |
| Q4 25 | 25.4% | 7.2% | ||
| Q3 25 | 25.8% | 2.3% | ||
| Q2 25 | 23.1% | 3.5% | ||
| Q1 25 | 22.8% | 1.4% | ||
| Q4 24 | -54.7% | 3.7% | ||
| Q3 24 | -59.0% | 2.0% | ||
| Q2 24 | 18.0% | 2.5% | ||
| Q1 24 | 14.3% | -0.9% |
| Q4 25 | $0.43 | $1.09 | ||
| Q3 25 | $0.41 | $0.34 | ||
| Q2 25 | $0.35 | $0.52 | ||
| Q1 25 | $0.33 | $0.19 | ||
| Q4 24 | $-0.30 | $0.56 | ||
| Q3 24 | $-0.47 | $0.28 | ||
| Q2 24 | $0.25 | $0.37 | ||
| Q1 24 | $0.20 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $10.2B | $456.0M |
| Total DebtLower is stronger | $9.9B | $2.7B |
| Stockholders' EquityBook value | $20.4B | $403.0M |
| Total Assets | $184.4B | $5.7B |
| Debt / EquityLower = less leverage | 0.49× | 6.63× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.2B | $456.0M | ||
| Q3 25 | $13.3B | $412.0M | ||
| Q2 25 | $11.6B | $357.0M | ||
| Q1 25 | $15.3B | $352.0M | ||
| Q4 24 | $17.5B | $419.0M | ||
| Q3 24 | $22.8B | $395.0M | ||
| Q2 24 | $15.5B | $374.0M | ||
| Q1 24 | $13.2B | $343.0M |
| Q4 25 | $9.9B | $2.7B | ||
| Q3 25 | $10.9B | $2.8B | ||
| Q2 25 | $12.1B | $2.8B | ||
| Q1 25 | $12.4B | — | ||
| Q4 24 | $12.1B | $2.9B | ||
| Q3 24 | $15.7B | — | ||
| Q2 24 | $16.9B | — | ||
| Q1 24 | $20.8B | — |
| Q4 25 | $20.4B | $403.0M | ||
| Q3 25 | $20.1B | $330.0M | ||
| Q2 25 | $19.5B | $350.0M | ||
| Q1 25 | $19.0B | $275.0M | ||
| Q4 24 | $18.2B | $219.0M | ||
| Q3 24 | $16.9B | $264.0M | ||
| Q2 24 | $14.8B | $250.0M | ||
| Q1 24 | $14.5B | $283.0M |
| Q4 25 | $184.4B | $5.7B | ||
| Q3 25 | $187.4B | $5.7B | ||
| Q2 25 | $185.5B | $5.8B | ||
| Q1 25 | $188.7B | $5.7B | ||
| Q4 24 | $187.2B | $5.5B | ||
| Q3 24 | $189.8B | $5.7B | ||
| Q2 24 | $187.4B | $5.8B | ||
| Q1 24 | $187.5B | $5.8B |
| Q4 25 | 0.49× | 6.63× | ||
| Q3 25 | 0.54× | 8.45× | ||
| Q2 25 | 0.62× | 8.05× | ||
| Q1 25 | 0.65× | — | ||
| Q4 24 | 0.67× | 13.05× | ||
| Q3 24 | 0.93× | — | ||
| Q2 24 | 1.14× | — | ||
| Q1 24 | 1.43× | — |
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 | $2.2B | $231.0M |
| Free Cash FlowOCF − Capex | $2.1B | $194.0M |
| FCF MarginFCF / Revenue | 104.8% | 16.8% |
| Capex IntensityCapex / Revenue | 5.3% | 3.2% |
| Cash ConversionOCF / Net Profit | 4.33× | 2.78× |
| TTM Free Cash FlowTrailing 4 quarters | $3.5B | $239.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.2B | $231.0M | ||
| Q3 25 | $396.0M | $25.0M | ||
| Q2 25 | $1.2B | $-23.0M | ||
| Q1 25 | $-140.0M | $123.0M | ||
| Q4 24 | $664.0M | $80.0M | ||
| Q3 24 | $-1.2B | $107.0M | ||
| Q2 24 | $-217.0M | $9.0M | ||
| Q1 24 | $359.0M | $148.0M |
| Q4 25 | $2.1B | $194.0M | ||
| Q3 25 | $367.0M | $-5.0M | ||
| Q2 25 | $1.2B | $-44.0M | ||
| Q1 25 | $-150.0M | $94.0M | ||
| Q4 24 | $599.0M | $62.0M | ||
| Q3 24 | $-1.2B | $85.0M | ||
| Q2 24 | $-230.0M | $-14.0M | ||
| Q1 24 | $347.0M | $124.0M |
| Q4 25 | 104.8% | 16.8% | ||
| Q3 25 | 19.4% | -0.4% | ||
| Q2 25 | 65.8% | -4.0% | ||
| Q1 25 | -8.5% | 9.6% | ||
| Q4 24 | 69.2% | 5.6% | ||
| Q3 24 | -175.8% | 7.9% | ||
| Q2 24 | -15.1% | -1.3% | ||
| Q1 24 | 22.6% | 11.9% |
| Q4 25 | 5.3% | 3.2% | ||
| Q3 25 | 1.5% | 2.7% | ||
| Q2 25 | 1.3% | 1.9% | ||
| Q1 25 | 0.6% | 3.0% | ||
| Q4 24 | 7.5% | 1.6% | ||
| Q3 24 | 2.4% | 2.1% | ||
| Q2 24 | 0.9% | 2.1% | ||
| Q1 24 | 0.8% | 2.3% |
| Q4 25 | 4.33× | 2.78× | ||
| Q3 25 | 0.81× | 0.96× | ||
| Q2 25 | 2.90× | -0.59× | ||
| Q1 25 | -0.35× | 8.79× | ||
| Q4 24 | — | 1.95× | ||
| Q3 24 | — | 5.10× | ||
| Q2 24 | -0.79× | 0.33× | ||
| Q1 24 | 1.64× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KEY
Segment breakdown not available.
NATL
| Services | $848.0M | 74% |
| APJ | $136.0M | 12% |
| Americas Excluding United States | $135.0M | 12% |
| TT | $44.0M | 4% |
