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Side-by-side financial comparison of NCR Atleos Corp (NATL) and Virtu Financial, Inc. (VIRT). Click either name above to swap in a different company.
NCR Atleos Corp is the larger business by last-quarter revenue ($1.2B vs $1.1B, roughly 1.1× Virtu Financial, Inc.). Virtu Financial, Inc. runs the higher net margin — 31.6% vs 7.2%, a 24.4% gap on every dollar of revenue. On growth, Virtu Financial, Inc. posted the faster year-over-year revenue change (30.7% vs 4.0%). Over the past eight quarters, Virtu Financial, Inc.'s revenue compounded faster (25.7% 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.
Virtu Financial, Inc. is an American high-frequency trading company. The company went public on the Nasdaq in 2015.
NATL vs VIRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $1.1B |
| Net Profit | $83.0M | $346.6M |
| Gross Margin | — | — |
| Operating Margin | 13.5% | 37.4% |
| Net Margin | 7.2% | 31.6% |
| Revenue YoY | 4.0% | 30.7% |
| Net Profit YoY | 102.4% | 82.8% |
| EPS (diluted) | $1.09 | $1.99 |
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.
| Q1 26 | — | $1.1B | ||
| Q4 25 | $1.2B | $969.9M | ||
| Q3 25 | $1.1B | $824.8M | ||
| Q2 25 | $1.1B | $999.6M | ||
| Q1 25 | $979.0M | $837.9M | ||
| Q4 24 | $1.1B | $834.3M | ||
| Q3 24 | $1.1B | $706.8M | ||
| Q2 24 | $1.1B | $693.0M |
| Q1 26 | — | $346.6M | ||
| Q4 25 | $83.0M | $139.9M | ||
| Q3 25 | $26.0M | $77.6M | ||
| Q2 25 | $39.0M | $151.2M | ||
| Q1 25 | $14.0M | $99.7M | ||
| Q4 24 | $41.0M | $94.1M | ||
| Q3 24 | $21.0M | $60.0M | ||
| Q2 24 | $27.0M | $66.6M |
| Q1 26 | — | 37.4% | ||
| Q4 25 | 13.5% | 35.4% | ||
| Q3 25 | 9.8% | 21.8% | ||
| Q2 25 | 10.8% | 34.7% | ||
| Q1 25 | 9.5% | 26.7% | ||
| Q4 24 | 13.4% | 24.3% | ||
| Q3 24 | 10.6% | 20.8% | ||
| Q2 24 | 9.8% | 22.4% |
| Q1 26 | — | 31.6% | ||
| Q4 25 | 7.2% | 14.4% | ||
| Q3 25 | 2.3% | 9.4% | ||
| Q2 25 | 3.5% | 15.1% | ||
| Q1 25 | 1.4% | 11.9% | ||
| Q4 24 | 3.7% | 11.3% | ||
| Q3 24 | 2.0% | 8.5% | ||
| Q2 24 | 2.5% | 9.6% |
| Q1 26 | — | $1.99 | ||
| Q4 25 | $1.09 | $1.54 | ||
| Q3 25 | $0.34 | $0.86 | ||
| Q2 25 | $0.52 | $1.65 | ||
| Q1 25 | $0.19 | $1.08 | ||
| Q4 24 | $0.56 | $1.03 | ||
| Q3 24 | $0.28 | $0.64 | ||
| Q2 24 | $0.37 | $0.71 |
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 | $973.2M |
| Total DebtLower is stronger | $2.7B | — |
| Stockholders' EquityBook value | $403.0M | $2.2B |
| Total Assets | $5.7B | $25.1B |
| Debt / EquityLower = less leverage | 6.63× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $973.2M | ||
| Q4 25 | $456.0M | $1.1B | ||
| Q3 25 | $412.0M | $707.9M | ||
| Q2 25 | $357.0M | $752.1M | ||
| Q1 25 | $352.0M | $723.6M | ||
| Q4 24 | $419.0M | $872.5M | ||
| Q3 24 | $395.0M | $701.4M | ||
| Q2 24 | $374.0M | $684.8M |
| Q1 26 | — | — | ||
| Q4 25 | $2.7B | $2.0B | ||
| Q3 25 | $2.8B | $2.0B | ||
| Q2 25 | $2.8B | $1.7B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | $2.9B | $1.7B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.7B |
| Q1 26 | — | $2.2B | ||
| Q4 25 | $403.0M | $1.6B | ||
| Q3 25 | $330.0M | $1.5B | ||
| Q2 25 | $350.0M | $1.4B | ||
| Q1 25 | $275.0M | $1.3B | ||
| Q4 24 | $219.0M | $1.3B | ||
| Q3 24 | $264.0M | $1.2B | ||
| Q2 24 | $250.0M | $1.2B |
| Q1 26 | — | $25.1B | ||
| Q4 25 | $5.7B | $20.2B | ||
| Q3 25 | $5.7B | $21.3B | ||
| Q2 25 | $5.8B | $19.3B | ||
| Q1 25 | $5.7B | $17.5B | ||
| Q4 24 | $5.5B | $15.4B | ||
| Q3 24 | $5.7B | $14.4B | ||
| Q2 24 | $5.8B | $13.9B |
| Q1 26 | — | — | ||
| Q4 25 | 6.63× | 1.29× | ||
| Q3 25 | 8.45× | 1.40× | ||
| Q2 25 | 8.05× | 1.24× | ||
| Q1 25 | — | 1.33× | ||
| Q4 24 | 13.05× | 1.39× | ||
| Q3 24 | — | 1.41× | ||
| Q2 24 | — | 1.41× |
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 | $518.4M | ||
| Q3 25 | $25.0M | $-68.7M | ||
| Q2 25 | $-23.0M | $62.8M | ||
| Q1 25 | $123.0M | $15.0M | ||
| Q4 24 | $80.0M | $599.0M | ||
| Q3 24 | $107.0M | $112.1M | ||
| Q2 24 | $9.0M | $490.8M |
| Q1 26 | — | — | ||
| Q4 25 | $194.0M | $495.6M | ||
| Q3 25 | $-5.0M | $-76.7M | ||
| Q2 25 | $-44.0M | $57.6M | ||
| Q1 25 | $94.0M | $9.2M | ||
| Q4 24 | $62.0M | $586.6M | ||
| Q3 24 | $85.0M | $106.2M | ||
| Q2 24 | $-14.0M | $486.9M |
| Q1 26 | — | — | ||
| Q4 25 | 16.8% | 51.1% | ||
| Q3 25 | -0.4% | -9.3% | ||
| Q2 25 | -4.0% | 5.8% | ||
| Q1 25 | 9.6% | 1.1% | ||
| Q4 24 | 5.6% | 70.3% | ||
| Q3 24 | 7.9% | 15.0% | ||
| Q2 24 | -1.3% | 70.3% |
| Q1 26 | — | — | ||
| Q4 25 | 3.2% | 2.4% | ||
| Q3 25 | 2.7% | 1.0% | ||
| Q2 25 | 1.9% | 0.5% | ||
| Q1 25 | 3.0% | 0.7% | ||
| Q4 24 | 1.6% | 1.5% | ||
| Q3 24 | 2.1% | 0.8% | ||
| Q2 24 | 2.1% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | 2.78× | 3.71× | ||
| Q3 25 | 0.96× | -0.89× | ||
| Q2 25 | -0.59× | 0.42× | ||
| Q1 25 | 8.79× | 0.15× | ||
| Q4 24 | 1.95× | 6.37× | ||
| Q3 24 | 5.10× | 1.87× | ||
| Q2 24 | 0.33× | 7.37× |
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% |
VIRT
| Trading income, net | $789.1M | 72% |
| Commissions, net and technology services | $186.6M | 17% |
| Other | $119.6M | 11% |
