v3.26.1
Segment information (Tables)
3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
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 


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 

Three Months Ended March 31,
(In millions)20262025
Capital Expenditures by Reportable Segment
North America$8.7 24.0 
Latin America6.4 6.0 
Europe13.1 14.7 
Rest of World10.9 13.8 
Total reportable segments39.1 58.5 
Corporate items1.0 0.4 
Total$40.1 58.9 


Three Months Ended March 31,
(In millions)20262025
Depreciation and Amortization by Reportable Segment
Depreciation and amortization of property and equipment:
North America$23.1 19.4 
Latin America14.7 12.7 
Europe18.9 15.6 
Rest of World6.5 5.8 
Total reportable segments63.2 53.5 
Corporate items0.6 0.7 
Argentina highly inflationary impact
1.0 2.1 
Depreciation and amortization of property and equipment64.8 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.
Reconciliation of Assets from Segment to Consolidated
(In millions)
March 31, 2026December 31, 2025

Assets held by Reportable Segment  
North America$2,040.8 2,166.7 
Latin America1,310.5 1,211.6 
Europe2,413.7 2,458.9 
Rest of World1,072.6 1,070.9 
Total reportable segments6,837.6 6,908.1 
Corporate items437.8 431.1 
Total$7,275.4 7,339.2