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Side-by-side financial comparison of NCR Atleos Corp (NATL) and Opendoor Technologies Inc. (OPEN). Click either name above to swap in a different company.

NCR Atleos Corp is the larger business by last-quarter revenue ($1.2B vs $736.0M, roughly 1.6× Opendoor Technologies Inc.). NCR Atleos Corp runs the higher net margin — 7.2% vs -148.9%, a 156.1% gap on every dollar of revenue. On growth, NCR Atleos Corp posted the faster year-over-year revenue change (4.0% vs -32.1%). NCR Atleos Corp produced more free cash flow last quarter ($194.0M vs $67.0M). Over the past eight quarters, NCR Atleos Corp's revenue compounded faster (4.9% CAGR vs -21.1%).

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.

Opendoor Technologies Inc. is an online company that buys and sells residential real estate. Headquartered in San Francisco, it makes instant cash offers on homes through an online process, makes repairs on the properties it purchases and re-lists them for sale. It also provides mobile application-based home buying services along with financing. As of November 2021, the company operates in 44 markets in the US.

NATL vs OPEN — Head-to-Head

Bigger by revenue
NATL
NATL
1.6× larger
NATL
$1.2B
$736.0M
OPEN
Growing faster (revenue YoY)
NATL
NATL
+36.1% gap
NATL
4.0%
-32.1%
OPEN
Higher net margin
NATL
NATL
156.1% more per $
NATL
7.2%
-148.9%
OPEN
More free cash flow
NATL
NATL
$127.0M more FCF
NATL
$194.0M
$67.0M
OPEN
Faster 2-yr revenue CAGR
NATL
NATL
Annualised
NATL
4.9%
-21.1%
OPEN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NATL
NATL
OPEN
OPEN
Revenue
$1.2B
$736.0M
Net Profit
$83.0M
$-1.1B
Gross Margin
7.7%
Operating Margin
13.5%
-20.4%
Net Margin
7.2%
-148.9%
Revenue YoY
4.0%
-32.1%
Net Profit YoY
102.4%
-869.9%
EPS (diluted)
$1.09
$-1.42

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.

Revenue
NATL
NATL
OPEN
OPEN
Q4 25
$1.2B
$736.0M
Q3 25
$1.1B
$915.0M
Q2 25
$1.1B
$1.6B
Q1 25
$979.0M
$1.2B
Q4 24
$1.1B
$1.1B
Q3 24
$1.1B
$1.4B
Q2 24
$1.1B
$1.5B
Q1 24
$1.0B
$1.2B
Net Profit
NATL
NATL
OPEN
OPEN
Q4 25
$83.0M
$-1.1B
Q3 25
$26.0M
$-90.0M
Q2 25
$39.0M
$-29.0M
Q1 25
$14.0M
$-85.0M
Q4 24
$41.0M
$-113.0M
Q3 24
$21.0M
$-78.0M
Q2 24
$27.0M
$-92.0M
Q1 24
$-9.0M
$-109.0M
Gross Margin
NATL
NATL
OPEN
OPEN
Q4 25
7.7%
Q3 25
7.2%
Q2 25
8.2%
Q1 25
8.6%
Q4 24
7.8%
Q3 24
7.6%
Q2 24
8.5%
Q1 24
9.7%
Operating Margin
NATL
NATL
OPEN
OPEN
Q4 25
13.5%
-20.4%
Q3 25
9.8%
-7.4%
Q2 25
10.8%
-0.8%
Q1 25
9.5%
-4.9%
Q4 24
13.4%
-8.7%
Q3 24
10.6%
-4.9%
Q2 24
9.8%
-4.8%
Q1 24
6.5%
-7.4%
Net Margin
NATL
NATL
OPEN
OPEN
Q4 25
7.2%
-148.9%
Q3 25
2.3%
-9.8%
Q2 25
3.5%
-1.9%
Q1 25
1.4%
-7.4%
Q4 24
3.7%
-10.4%
Q3 24
2.0%
-5.7%
Q2 24
2.5%
-6.1%
Q1 24
-0.9%
-9.2%
EPS (diluted)
NATL
NATL
OPEN
OPEN
Q4 25
$1.09
$-1.42
Q3 25
$0.34
$-0.12
Q2 25
$0.52
$-0.04
Q1 25
$0.19
$-0.12
Q4 24
$0.56
$-0.16
Q3 24
$0.28
$-0.11
Q2 24
$0.37
$-0.13
Q1 24
$-0.13
$-0.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NATL
NATL
OPEN
OPEN
Cash + ST InvestmentsLiquidity on hand
$456.0M
$962.0M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$403.0M
$1.0B
Total Assets
$5.7B
$2.4B
Debt / EquityLower = less leverage
6.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NATL
NATL
OPEN
OPEN
Q4 25
$456.0M
$962.0M
Q3 25
$412.0M
$962.0M
Q2 25
$357.0M
$789.0M
Q1 25
$352.0M
$559.0M
Q4 24
$419.0M
$679.0M
Q3 24
$395.0M
$837.0M
Q2 24
$374.0M
$809.0M
Q1 24
$343.0M
$990.0M
Total Debt
NATL
NATL
OPEN
OPEN
Q4 25
$2.7B
Q3 25
$2.8B
Q2 25
$2.8B
Q1 25
Q4 24
$2.9B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
NATL
NATL
OPEN
OPEN
Q4 25
$403.0M
$1.0B
Q3 25
$330.0M
$811.0M
Q2 25
$350.0M
$631.0M
Q1 25
$275.0M
$645.0M
Q4 24
$219.0M
$713.0M
Q3 24
$264.0M
$801.0M
Q2 24
$250.0M
$845.0M
Q1 24
$283.0M
$899.0M
Total Assets
NATL
NATL
OPEN
OPEN
Q4 25
$5.7B
$2.4B
Q3 25
$5.7B
$2.7B
Q2 25
$5.8B
$2.9B
Q1 25
$5.7B
$3.3B
Q4 24
$5.5B
$3.1B
Q3 24
$5.7B
$3.4B
Q2 24
$5.8B
$3.4B
Q1 24
$5.8B
$3.4B
Debt / Equity
NATL
NATL
OPEN
OPEN
Q4 25
6.63×
Q3 25
8.45×
Q2 25
8.05×
Q1 25
Q4 24
13.05×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NATL
NATL
OPEN
OPEN
Operating Cash FlowLast quarter
$231.0M
$70.0M
Free Cash FlowOCF − Capex
$194.0M
$67.0M
FCF MarginFCF / Revenue
16.8%
9.1%
Capex IntensityCapex / Revenue
3.2%
0.4%
Cash ConversionOCF / Net Profit
2.78×
TTM Free Cash FlowTrailing 4 quarters
$239.0M
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NATL
NATL
OPEN
OPEN
Q4 25
$231.0M
$70.0M
Q3 25
$25.0M
$435.0M
Q2 25
$-23.0M
$823.0M
Q1 25
$123.0M
$-279.0M
Q4 24
$80.0M
$-80.0M
Q3 24
$107.0M
$62.0M
Q2 24
$9.0M
$-399.0M
Q1 24
$148.0M
$-178.0M
Free Cash Flow
NATL
NATL
OPEN
OPEN
Q4 25
$194.0M
$67.0M
Q3 25
$-5.0M
$432.0M
Q2 25
$-44.0M
$821.0M
Q1 25
$94.0M
$-283.0M
Q4 24
$62.0M
$-83.0M
Q3 24
$85.0M
$56.0M
Q2 24
$-14.0M
$-407.0M
Q1 24
$124.0M
$-186.0M
FCF Margin
NATL
NATL
OPEN
OPEN
Q4 25
16.8%
9.1%
Q3 25
-0.4%
47.2%
Q2 25
-4.0%
52.4%
Q1 25
9.6%
-24.5%
Q4 24
5.6%
-7.7%
Q3 24
7.9%
4.1%
Q2 24
-1.3%
-26.9%
Q1 24
11.9%
-15.7%
Capex Intensity
NATL
NATL
OPEN
OPEN
Q4 25
3.2%
0.4%
Q3 25
2.7%
0.3%
Q2 25
1.9%
0.1%
Q1 25
3.0%
0.3%
Q4 24
1.6%
0.3%
Q3 24
2.1%
0.4%
Q2 24
2.1%
0.5%
Q1 24
2.3%
0.7%
Cash Conversion
NATL
NATL
OPEN
OPEN
Q4 25
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×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NATL
NATL

Services$848.0M74%
APJ$136.0M12%
Americas Excluding United States$135.0M12%
TT$44.0M4%

OPEN
OPEN

Segment breakdown not available.

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