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Side-by-side financial comparison of NCR Atleos Corp (NATL) and Principal Financial Group (PFG). Click either name above to swap in a different company.
NCR Atleos Corp is the larger business by last-quarter revenue ($1.2B vs $750.8M, roughly 1.5× Principal Financial Group). NCR Atleos Corp runs the higher net margin — 7.2% vs 0.3%, a 6.9% gap on every dollar of revenue. On growth, Principal Financial Group posted the faster year-over-year revenue change (4.0% vs 4.0%). Over the past eight quarters, NCR Atleos Corp's revenue compounded faster (4.9% CAGR vs -58.3%).
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.
Principal Financial GroupPFGEarnings & Financial Report
Principal Financial Group, Inc. (PFG) is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, United States.
NATL vs PFG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $750.8M |
| Net Profit | $83.0M | $1.9M |
| Gross Margin | — | — |
| Operating Margin | 13.5% | — |
| Net Margin | 7.2% | 0.3% |
| Revenue YoY | 4.0% | 4.0% |
| Net Profit YoY | 102.4% | 783.0% |
| EPS (diluted) | $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 | — | $750.8M | ||
| Q4 25 | $1.2B | $4.6B | ||
| Q3 25 | $1.1B | $3.7B | ||
| Q2 25 | $1.1B | $3.7B | ||
| Q1 25 | $979.0M | $3.7B | ||
| Q4 24 | $1.1B | $4.8B | ||
| Q3 24 | $1.1B | $3.0B | ||
| Q2 24 | $1.1B | $4.3B |
| Q1 26 | — | $1.9M | ||
| Q4 25 | $83.0M | $517.0M | ||
| Q3 25 | $26.0M | $213.8M | ||
| Q2 25 | $39.0M | $406.2M | ||
| Q1 25 | $14.0M | $48.1M | ||
| Q4 24 | $41.0M | $905.4M | ||
| Q3 24 | $21.0M | $-220.0M | ||
| Q2 24 | $27.0M | $353.1M |
| Q1 26 | — | — | ||
| Q4 25 | 13.5% | — | ||
| Q3 25 | 9.8% | — | ||
| Q2 25 | 10.8% | — | ||
| Q1 25 | 9.5% | — | ||
| Q4 24 | 13.4% | — | ||
| Q3 24 | 10.6% | — | ||
| Q2 24 | 9.8% | — |
| Q1 26 | — | 0.3% | ||
| Q4 25 | 7.2% | 11.3% | ||
| Q3 25 | 2.3% | 5.8% | ||
| Q2 25 | 3.5% | 11.1% | ||
| Q1 25 | 1.4% | 1.3% | ||
| Q4 24 | 3.7% | 19.1% | ||
| Q3 24 | 2.0% | -7.3% | ||
| Q2 24 | 2.5% | 8.2% |
| Q1 26 | — | — | ||
| Q4 25 | $1.09 | $2.30 | ||
| Q3 25 | $0.34 | $0.95 | ||
| Q2 25 | $0.52 | $1.79 | ||
| Q1 25 | $0.19 | $0.21 | ||
| Q4 24 | $0.56 | $3.92 | ||
| Q3 24 | $0.28 | $-0.95 | ||
| Q2 24 | $0.37 | $1.49 |
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 | $2.7B | — |
| Stockholders' EquityBook value | $403.0M | — |
| Total Assets | $5.7B | — |
| Debt / EquityLower = less leverage | 6.63× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $456.0M | $4.4B | ||
| Q3 25 | $412.0M | $5.1B | ||
| Q2 25 | $357.0M | $3.7B | ||
| Q1 25 | $352.0M | $3.9B | ||
| Q4 24 | $419.0M | $4.2B | ||
| Q3 24 | $395.0M | $6.2B | ||
| Q2 24 | $374.0M | $4.8B |
| Q1 26 | — | — | ||
| Q4 25 | $2.7B | $3.9B | ||
| Q3 25 | $2.8B | $3.9B | ||
| Q2 25 | $2.8B | $3.9B | ||
| Q1 25 | — | $4.3B | ||
| Q4 24 | $2.9B | $4.0B | ||
| Q3 24 | — | $3.9B | ||
| Q2 24 | — | $3.9B |
| Q1 26 | — | — | ||
| Q4 25 | $403.0M | $11.9B | ||
| Q3 25 | $330.0M | $11.7B | ||
| Q2 25 | $350.0M | $11.4B | ||
| Q1 25 | $275.0M | $11.2B | ||
| Q4 24 | $219.0M | $11.1B | ||
| Q3 24 | $264.0M | $11.2B | ||
| Q2 24 | $250.0M | $11.0B |
| Q1 26 | — | — | ||
| Q4 25 | $5.7B | $341.4B | ||
| Q3 25 | $5.7B | $334.5B | ||
| Q2 25 | $5.8B | $323.1B | ||
| Q1 25 | $5.7B | $313.0B | ||
| Q4 24 | $5.5B | $313.7B | ||
| Q3 24 | $5.7B | $322.9B | ||
| Q2 24 | $5.8B | $308.8B |
| Q1 26 | — | — | ||
| Q4 25 | 6.63× | 0.33× | ||
| Q3 25 | 8.45× | 0.34× | ||
| Q2 25 | 8.05× | 0.34× | ||
| Q1 25 | — | 0.39× | ||
| Q4 24 | 13.05× | 0.36× | ||
| Q3 24 | — | 0.35× | ||
| Q2 24 | — | 0.36× |
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 | $231.0M | $1.7B | ||
| Q3 25 | $25.0M | $1.0B | ||
| Q2 25 | $-23.0M | $811.9M | ||
| Q1 25 | $123.0M | $977.3M | ||
| Q4 24 | $80.0M | $1.5B | ||
| Q3 24 | $107.0M | $1.1B | ||
| Q2 24 | $9.0M | $1.4B |
| 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 | 2.78× | 3.37× | ||
| Q3 25 | 0.96× | 4.70× | ||
| Q2 25 | -0.59× | 2.00× | ||
| Q1 25 | 8.79× | 20.32× | ||
| Q4 24 | 1.95× | 1.61× | ||
| Q3 24 | 5.10× | — | ||
| Q2 24 | 0.33× | 4.05× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NATL
| Services | $848.0M | 74% |
| APJ | $136.0M | 12% |
| Americas Excluding United States | $135.0M | 12% |
| TT | $44.0M | 4% |
PFG
Segment breakdown not available.
