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Side-by-side financial comparison of NCR Atleos Corp (NATL) and RESIDEO TECHNOLOGIES, INC. (REZI). Click either name above to swap in a different company.
RESIDEO TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($1.9B vs $1.2B, roughly 1.6× NCR Atleos Corp). NCR Atleos Corp runs the higher net margin — 7.2% vs 7.2%, a 0.0% gap on every dollar of revenue. On growth, NCR Atleos Corp posted the faster year-over-year revenue change (4.0% vs 2.0%). RESIDEO TECHNOLOGIES, INC. produced more free cash flow last quarter ($262.0M vs $194.0M). Over the past eight quarters, RESIDEO TECHNOLOGIES, INC.'s revenue compounded faster (12.9% CAGR vs 4.9%).
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.
Resideo Technologies, Inc. is an American multinational company that was formed in 2018 out of a spin-off from Honeywell. It provides room air temperature, quality, and humidity control and security systems primarily in residential dwellings in the U.S. and internationally. The company operates in two segments: products and distribution. It manufactures and distributes smart-home and software products, including temperature and lighting control, security, and water and air monitoring. The com...
NATL vs REZI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $1.9B |
| Net Profit | $83.0M | $136.0M |
| Gross Margin | — | 29.6% |
| Operating Margin | 13.5% | 7.4% |
| Net Margin | 7.2% | 7.2% |
| Revenue YoY | 4.0% | 2.0% |
| Net Profit YoY | 102.4% | 491.3% |
| EPS (diluted) | $1.09 | $0.99 |
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 | $1.2B | $1.9B | ||
| Q3 25 | $1.1B | $1.9B | ||
| Q2 25 | $1.1B | $1.9B | ||
| Q1 25 | $979.0M | $1.8B | ||
| Q4 24 | $1.1B | $1.9B | ||
| Q3 24 | $1.1B | $1.8B | ||
| Q2 24 | $1.1B | $1.6B | ||
| Q1 24 | $1.0B | $1.5B |
| Q4 25 | $83.0M | $136.0M | ||
| Q3 25 | $26.0M | $156.0M | ||
| Q2 25 | $39.0M | $-825.0M | ||
| Q1 25 | $14.0M | $6.0M | ||
| Q4 24 | $41.0M | $23.0M | ||
| Q3 24 | $21.0M | $20.0M | ||
| Q2 24 | $27.0M | $30.0M | ||
| Q1 24 | $-9.0M | $43.0M |
| Q4 25 | — | 29.6% | ||
| Q3 25 | — | 29.8% | ||
| Q2 25 | — | 29.3% | ||
| Q1 25 | — | 28.9% | ||
| Q4 24 | — | 28.5% | ||
| Q3 24 | — | 28.7% | ||
| Q2 24 | — | 28.1% | ||
| Q1 24 | — | 26.9% |
| Q4 25 | 13.5% | 7.4% | ||
| Q3 25 | 9.8% | 8.3% | ||
| Q2 25 | 10.8% | 9.1% | ||
| Q1 25 | 9.5% | 7.7% | ||
| Q4 24 | 13.4% | 7.8% | ||
| Q3 24 | 10.6% | 6.9% | ||
| Q2 24 | 9.8% | 7.7% | ||
| Q1 24 | 6.5% | 8.6% |
| Q4 25 | 7.2% | 7.2% | ||
| Q3 25 | 2.3% | 8.4% | ||
| Q2 25 | 3.5% | -42.5% | ||
| Q1 25 | 1.4% | 0.3% | ||
| Q4 24 | 3.7% | 1.2% | ||
| Q3 24 | 2.0% | 1.1% | ||
| Q2 24 | 2.5% | 1.9% | ||
| Q1 24 | -0.9% | 2.9% |
| Q4 25 | $1.09 | $0.99 | ||
| Q3 25 | $0.34 | $0.85 | ||
| Q2 25 | $0.52 | $-5.59 | ||
| Q1 25 | $0.19 | $-0.02 | ||
| Q4 24 | $0.56 | $0.06 | ||
| Q3 24 | $0.28 | $0.07 | ||
| Q2 24 | $0.37 | $0.19 | ||
| Q1 24 | $-0.13 | $0.29 |
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 | $661.0M |
| Total DebtLower is stronger | $2.7B | $3.2B |
| Stockholders' EquityBook value | $403.0M | $2.9B |
| Total Assets | $5.7B | $8.4B |
| Debt / EquityLower = less leverage | 6.63× | 1.11× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $456.0M | $661.0M | ||
| Q3 25 | $412.0M | $345.0M | ||
| Q2 25 | $357.0M | $753.0M | ||
| Q1 25 | $352.0M | $577.0M | ||
| Q4 24 | $419.0M | $692.0M | ||
| Q3 24 | $395.0M | $531.0M | ||
| Q2 24 | $374.0M | $413.0M | ||
| Q1 24 | $343.0M | $603.0M |
| Q4 25 | $2.7B | $3.2B | ||
| Q3 25 | $2.8B | $3.2B | ||
| Q2 25 | $2.8B | $2.0B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | $2.9B | $2.0B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | — | $1.4B |
| Q4 25 | $403.0M | $2.9B | ||
| Q3 25 | $330.0M | $2.8B | ||
| Q2 25 | $350.0M | $2.6B | ||
| Q1 25 | $275.0M | $3.3B | ||
| Q4 24 | $219.0M | $3.3B | ||
| Q3 24 | $264.0M | $3.4B | ||
| Q2 24 | $250.0M | $3.3B | ||
| Q1 24 | $283.0M | $2.8B |
| Q4 25 | $5.7B | $8.4B | ||
| Q3 25 | $5.7B | $8.2B | ||
| Q2 25 | $5.8B | $8.5B | ||
| Q1 25 | $5.7B | $8.1B | ||
| Q4 24 | $5.5B | $8.2B | ||
| Q3 24 | $5.7B | $8.1B | ||
| Q2 24 | $5.8B | $8.0B | ||
| Q1 24 | $5.8B | $6.5B |
| Q4 25 | 6.63× | 1.11× | ||
| Q3 25 | 8.45× | 1.17× | ||
| Q2 25 | 8.05× | 0.77× | ||
| Q1 25 | — | 0.60× | ||
| Q4 24 | 13.05× | 0.61× | ||
| Q3 24 | — | 0.60× | ||
| Q2 24 | — | 0.61× | ||
| Q1 24 | — | 0.51× |
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 | $299.0M |
| Free Cash FlowOCF − Capex | $194.0M | $262.0M |
| FCF MarginFCF / Revenue | 16.8% | 13.8% |
| Capex IntensityCapex / Revenue | 3.2% | 2.0% |
| Cash ConversionOCF / Net Profit | 2.78× | 2.20× |
| TTM Free Cash FlowTrailing 4 quarters | $239.0M | $-1.3B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $231.0M | $299.0M | ||
| Q3 25 | $25.0M | $-1.6B | ||
| Q2 25 | $-23.0M | $200.0M | ||
| Q1 25 | $123.0M | $-65.0M | ||
| Q4 24 | $80.0M | $203.0M | ||
| Q3 24 | $107.0M | $147.0M | ||
| Q2 24 | $9.0M | $92.0M | ||
| Q1 24 | $148.0M | $2.0M |
| Q4 25 | $194.0M | $262.0M | ||
| Q3 25 | $-5.0M | $-1.6B | ||
| Q2 25 | $-44.0M | $180.0M | ||
| Q1 25 | $94.0M | $-96.0M | ||
| Q4 24 | $62.0M | $181.0M | ||
| Q3 24 | $85.0M | $125.0M | ||
| Q2 24 | $-14.0M | $77.0M | ||
| Q1 24 | $124.0M | $-19.0M |
| Q4 25 | 16.8% | 13.8% | ||
| Q3 25 | -0.4% | -85.8% | ||
| Q2 25 | -4.0% | 9.3% | ||
| Q1 25 | 9.6% | -5.4% | ||
| Q4 24 | 5.6% | 9.7% | ||
| Q3 24 | 7.9% | 6.8% | ||
| Q2 24 | -1.3% | 4.8% | ||
| Q1 24 | 11.9% | -1.3% |
| Q4 25 | 3.2% | 2.0% | ||
| Q3 25 | 2.7% | 1.5% | ||
| Q2 25 | 1.9% | 1.0% | ||
| Q1 25 | 3.0% | 1.8% | ||
| Q4 24 | 1.6% | 1.2% | ||
| Q3 24 | 2.1% | 1.2% | ||
| Q2 24 | 2.1% | 0.9% | ||
| Q1 24 | 2.3% | 1.4% |
| Q4 25 | 2.78× | 2.20× | ||
| Q3 25 | 0.96× | -10.07× | ||
| Q2 25 | -0.59× | — | ||
| Q1 25 | 8.79× | -10.83× | ||
| Q4 24 | 1.95× | 8.83× | ||
| Q3 24 | 5.10× | 7.35× | ||
| Q2 24 | 0.33× | 3.07× | ||
| Q1 24 | — | 0.05× |
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% |
REZI
| ADI Global Distribution Segment | $1.2B | 62% |
| Safety And Security | $257.0M | 14% |
| Air | $211.0M | 11% |
| Energy Service | $153.0M | 8% |
| Public Utilities Inventory Water | $91.0M | 5% |
