NCR Atleos (NATL) Research & Development (2022 - 2026)
NCR Atleos (NATL) recorded Research & Development of $20 million in Q2 2026, up 17.6% from $17 million a year earlier and unchanged from the prior quarter.
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Analysis
NCR Atleos (NATL) Research & Development (2022 - 2026) Analysis & Trends
On a TTM basis, NCR Atleos' Research & Development came in at $76 million as of Jun 30, 2026, up 11.8% year-over-year; for FY2025, it was $70 million, up 12.9% from FY2024.
- Annual Research & Development has a four-year compound annual growth rate of -10.1% (FY2021 to FY2025).
- Across earlier years, Research & Development came in at $62 million in FY2024 (-22.5%), $80 million in FY2023 (+25.0%), $64 million in FY2022 (-40.2%) and $107 million in FY2021.
- Quarterly Research & Development has ranged from $7 million in Q3 2022 to $26 million in Q4 2023 over the past five years.
- On a year-over-year basis, Research & Development rose in four of the last eight quarters, with growth averaging 8.2%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 142.9% in Q3 2023, against a decline of 42.1% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $20 million (Q1 2026), $18 million (Q4 2025) and $18 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 472.85 Mn |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 849.00 Mn |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 608.66 Mn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | - |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | - |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | - |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | - |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 90.59 Mn |
| 10 | NCR Atleos | 3.38 Bn | 1.65 Bn | 309.00 Mn | 20.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.00 Mn |
| Mar 31, 2026 | 20.00 Mn |
| Dec 31, 2025 | 18.00 Mn |
| Sep 30, 2025 | 18.00 Mn |
| Jun 30, 2025 | 17.00 Mn |
| Mar 31, 2025 | 17.00 Mn |
| Dec 31, 2024 | 19.00 Mn |
| Sep 30, 2024 | 15.00 Mn |
| Jun 30, 2024 | 11.00 Mn |
| Mar 31, 2024 | 17.00 Mn |
| Dec 31, 2023 | 26.00 Mn |
| Sep 30, 2023 | 17.00 Mn |
| Jun 30, 2023 | 19.00 Mn |
| Mar 31, 2023 | 18.00 Mn |
| Dec 31, 2022 | 12.00 Mn |
| Sep 30, 2022 | 7.00 Mn |
| Jun 30, 2022 | 25.00 Mn |
API Access
NCR Atleos Research & Development 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=research-and-development&ticker=NATL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=NATL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();