NCR Atleos (NATL) Operating Margin (2022 - 2026)
NCR Atleos (NATL) reported Operating Margin of 14.14% for Q2 2026, up 3.34 percentage points from 10.80% a year earlier and up 6.09 percentage points from the prior quarter.
NCR Atleos (NATL) Operating Margin (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, NCR Atleos' Operating Margin came in at 11.45%, up 0.31 percentage points year-over-year; for FY2025, it was 10.98%, up 0.83 percentage points from FY2024.
- Operating Margin has increased for three consecutive years, with a four-year change of +3.99 percentage points (FY2021 to FY2025).
- By year, Operating Margin came in at 10.15% in FY2024 (+3.87 pp), 6.28% in FY2023 (+0.02 pp), 6.26% in FY2022 (-0.73 pp) and 6.99% in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Operating Margin in data going back to Q2 2022.
- Year over year, Operating Margin gained in six of the last eight quarters, with an average year-over-year change of +2.25 percentage points.
- The high point for year-over-year Operating Margin in five years was Q4 2024 (a gain of 10.71 percentage points); the low point was Q4 2023 (a drop of 4.74 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 8.05% (Q1 2026), 13.54% (Q4 2025) and 9.81% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | -9.30% |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 16.44% |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 6.75% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | -452.09% |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 35.28% |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 19.18% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 10.15% |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | -25.50% |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 15.16% |
| 10 | NCR Atleos | 3.38 Bn | 1.65 Bn | 309.00 Mn | 14.14% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.14% |
| Mar 31, 2026 | 8.05% |
| Dec 31, 2025 | 13.54% |
| Sep 30, 2025 | 9.81% |
| Jun 30, 2025 | 10.80% |
| Mar 31, 2025 | 9.50% |
| Dec 31, 2024 | 13.45% |
| Sep 30, 2024 | 10.62% |
| Jun 30, 2024 | 9.83% |
| Mar 31, 2024 | 6.50% |
| Dec 31, 2023 | 2.74% |
| Sep 30, 2023 | 8.45% |
| Jun 30, 2023 | 7.60% |
| Mar 31, 2023 | 6.50% |
| Dec 31, 2022 | 7.48% |
| Sep 30, 2022 | 10.00% |
| Jun 30, 2022 | 3.94% |
NCR Atleos Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=NATL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "NATL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=NATL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();