XML 12 R2.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Total revenue $ 666 $ 722 $ 1,283 $ 1,432
Selling, general and administrative expenses 107 116 222 226
Research and development expenses 32 44 72 91
Total operating expenses 652 756 1,289 1,485
Income (loss) from operations 14 (34) (6) (53)
Interest expense (14) (41) (29) (80)
Other income (expense), net (3) (5) 5 (23)
Income (loss) from continuing operations before income taxes (3) (80) (30) (156)
Income tax expense (benefit) (4) 10 (11) 5
Income (loss) from continuing operations 1 (90) (19) (161)
Income (loss) from discontinued operations, net of tax (1) 17 2 47
Net income (loss) 0 (73) (17) (114)
Net income (loss) attributable to noncontrolling interests 0 0 0 0
Net income (loss) attributable to noncontrolling interests of discontinued operations 0 0 0 (1)
Net income (loss) attributable to NCR Voyix 0 (73) (17) (113)
Amounts attributable to NCR Voyix common stockholders:        
Income (loss) from continuing operations 1 (90) (19) (161)
Series A convertible preferred stock dividends (4) (4) (8) (8)
Income (loss) from continuing operations attributable to NCR Voyix (3) (94) (27) (169)
Income (loss) from discontinued operations, net of tax attributable to NCR Voyix common stockholders (1) 17 2 48
Net income (loss) attributable to NCR Voyix common stockholders $ (4) $ (77) $ (25) $ (121)
Income (loss) per common share from continuing operations        
Basic (in dollars per share) $ (0.02) $ (0.65) $ (0.19) $ (1.17)
Diluted (in dollars per share) (0.02) (0.65) (0.19) (1.17)
Net income (loss) per common share        
Basic (in dollars per share) (0.03) (0.53) (0.18) (0.84)
Diluted (in dollars per share) $ (0.03) $ (0.53) $ (0.18) $ (0.84)
Weighted average common shares outstanding        
Basic (in shares) 137,900 145,000 138,900 144,300
Diluted (in shares) 137,900 145,000 138,900 144,300
Product        
Total revenue $ 185 $ 244 $ 338 $ 465
Cost of revenue 170 222 316 409
Services        
Total revenue 481 478 945 967
Cost of revenue $ 343 $ 374 $ 679 $ 759