Operations in certain geographies were moved from the Rest of World segment to the Europe segment, effective December 31, 2025 in order to align with management reporting. We have recast all prior periods presented to provide consistent comparability. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Three Months Ended March 31, 2026 | (In millions) | North America | | Latin America | | Europe | | Rest of World | | Total | | | | | | | | | | | Revenues | $ | 439.6 | | | 343.8 | | | 365.9 | | | 225.8 | | | 1,375.1 | | Less: | | | | | | | | | | Cost of revenues: | | | | | | | | | | Labor and fringe benefit costs(a) | 147.6 | | | 154.5 | | | 160.6 | | | 55.4 | | | | Other cost of revenues segment items(b) | 170.4 | | | 99.2 | | | 123.4 | | | 96.3 | | | | Total cost of revenues(a) | 318.0 | | | 253.7 | | | 284.0 | | | 151.7 | | | | | | | | | | | | | | Selling, general, and administrative(a) | 60.7 | | | 32.7 | | | 42.0 | | | 19.1 | | | | | | | | | | | | | | | | | | | | | | | | Segment operating profit | $ | 60.9 | | | 57.4 | | | 39.9 | | | 55.0 | | | 213.2 | |
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| Three Months Ended March 31, 2025 | (In millions) | North America | | Latin America | | Europe | | Rest of World | | Total | | | | | | | | | | | Revenues | $ | 417.6 | | | 307.6 | | | 319.0 | | | 202.5 | | | 1,246.7 | | Less: | | | | | | | | | | Cost of revenues: | | | | | | | | | | Labor and fringe benefit costs(a) | 153.2 | | | 140.7 | | | 141.8 | | | 49.0 | | | | Other cost of revenues segment items(b) | 156.7 | | | 83.2 | | | 109.9 | | | 92.9 | | | | Total cost of revenues(a) | 309.9 | | | 223.9 | | | 251.7 | | | 141.9 | | | | | | | | | | | | | | Selling, general, and administrative(a) | 54.6 | | | 29.8 | | | 39.2 | | | 13.4 | | | | | | | | | | | | | | | | | | | | | | | | Segment operating profit | $ | 53.1 | | | 53.9 | | | 28.1 | | | 47.2 | | | 182.3 | |
(a)The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. Selling, general and administrative expenses include insignificant amounts reported within other operating income (expense) in the condensed consolidated statements of operations. (b)Other cost of revenues segment items for each reportable segment include primarily vehicle expenses, freight, equipment costs, building expense, and office and administrative expenses. | | | | | | | | | | | | | | | |
| | | Three Months Ended March 31, | (In millions) | | | | | 2026 | | 2025 | | | | | | | | | Segment operating profit | | | | | $ | 213.2 | | | 182.3 | | | | | | | | | | Reconciling Items: | | | | | | | | Corporate expenses: | | | | | | | | General, administrative and other expenses | | | | | $ | (46.4) | | | (34.9) | | Foreign currency transaction gains | | | | | 1.6 | | | 3.2 | | | | | | | | | | Other items not allocated to segments: | | | | | | | | Reorganization and restructuring | | | | | — | | | (0.5) | | Acquisitions and dispositions | | | | | (15.6) | | | (18.5) | | Argentina highly inflationary impact | | | | | 0.5 | | | (6.3) | | | NCR Atleos acquisition and transformation initiatives | | | | | (38.9) | | | (5.1) | | Non-routine legal matters | | | | | (2.8) | | | — | | | DOJ/FinCEN investigations | | | | | (1.2) | | | (0.9) | | Chile antitrust matter | | | | | (0.2) | | | (0.2) | | | | | | | | | | | | | | | | | | Operating profit | | | | | $ | 110.2 | | | 119.1 | |
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| Three Months Ended March 31, | | (In millions) | 2026 | | 2025 | | | | | | Capital Expenditures by Reportable Segment | | | | | North America | $ | 8.7 | | | 24.0 | | | Latin America | 6.4 | | | 6.0 | | | Europe | 13.1 | | | 14.7 | | | Rest of World | 10.9 | | | 13.8 | | | Total reportable segments | 39.1 | | | 58.5 | | | Corporate items | 1.0 | | | 0.4 | | | | | | | Total | $ | 40.1 | | | 58.9 | |
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| | | Three Months Ended March 31, | | (In millions) | | | | | 2026 | | 2025 | | Depreciation and Amortization by Reportable Segment | | | | | | | | | Depreciation and amortization of property and equipment: | | | | | | | | | North America | | | | | $ | 23.1 | | | 19.4 | | | Latin America | | | | | 14.7 | | | 12.7 | | | Europe | | | | | 18.9 | | | 15.6 | | | Rest of World | | | | | 6.5 | | | 5.8 | | | Total reportable segments | | | | | 63.2 | | | 53.5 | | | Corporate items | | | | | 0.6 | | | 0.7 | | Argentina highly inflationary impact | | | | | 1.0 | | | 2.1 | | | | | | | | | | | | | | | | | | | Depreciation and amortization of property and equipment | | | | | 64.8 | | | 56.3 | | | | | | | | | | Amortization of intangible assets(a) | | | | | 14.9 | | | 14.4 | | | Total | | | | | $ | 79.7 | | | 70.7 | |
(a)Amortization of acquisition-related intangible assets has been excluded from reportable segment amounts.
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