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Earnings analysis · 10-Q

DBD earnings analysis

Filed October 28, 2026 · Our reading of the company's report

The latest report

Diebold Nixdorf reported Q3 revenue of $994.3 million, up approximately 5.2% year over year and 2.4% above consensus, with Retail revenue up 16% and adjusted EPS of $1.34. However, GAAP diluted EPS fell to $0.19 from…

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Diebold Nixdorf reported Q3 revenue of $994.3 million, up approximately 5.2% year over year and 2.4% above consensus, with Retail revenue up 16% and adjusted EPS of $1.34. However, GAAP diluted EPS fell to $0.19 from $1.11 and operating margin declined to 3.9% from 7.8%. Management lowered full-year adjusted EBITDA and free cash flow outlooks, while narrowing revenue guidance to $3.86 billion-$3.90 billion; the combination of solid top-line performance and materially weaker profitability and cash-flow expectations supports a bearish trend assessment.

Read the original on SEC.gov

Gross and operating margin

How much of each revenue dollar the business keeps.

26% Gross margin Operating margin May 2023 Oct 2026

One point per quarterly or annual filing. Both margins are shares of that report's revenue.

How we read each report

Our analysis across the last few reports.

Read as bullish Read as bearish May 2023 Oct 2026

Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.

Reported figures

Earnings per share
$0.19
Operating margin
3.9%
Segment
Retail revenue grew 16% year over year; the filing data provided does not disclose the segment's dollar revenue.
Segment
Total revenue was $994.3 million, up approximately 5.2% from $945 million in 2025 Q3.

What stood out

  • Revenue beat consensus and grew year over year

    Q3 revenue was $994.3 million, approximately 5.2% above $945 million in 2025 Q3 and above the $970.57 million consensus estimate by approximately 2.4%.

  • Retail delivered strong growth

    Retail revenue increased 16% year over year, making Retail the primary disclosed growth driver in the quarter.

  • Adjusted EPS beat estimates

    Adjusted EPS was $1.34, exceeding the $1.31 consensus estimate by $0.03, or approximately 2.3%.

  • Adjusted EBITDA increased

    Adjusted EBITDA increased 4.8% year over year to $127.8 million, despite reported pressure from memory costs and product mix.

  • New $250 million buyback authorization

    The company authorized a $250 million share repurchase program, providing additional potential capital return capacity.

What to watch

  • GAAP profitability deteriorated

    GAAP diluted EPS declined to $0.19 from $1.11 in 2025 Q3, a decrease of $0.92, while operating margin fell to 3.9% from 7.8%, or 380 basis points.

  • Earnings outlook was reduced

    Full-year 2026 adjusted EBITDA guidance was lowered to $490 million-$510 million from $510 million-$535 million, reducing the midpoint by $22.5 million, or approximately 4.3%.

  • Cash flow outlook weakened

    Full-year free cash flow guidance was reduced to $190 million-$210 million from $255 million-$270 million, reducing the midpoint by $62.5 million, or approximately 23.8%. The filing data provided does not disclose Q3 operating cash flow, capex, cash, debt, inventories, or receivables balances.

Management's outlook

Full-year 2026 revenue outlook was narrowed to $3.86 billion-$3.90 billion from $3.86 billion-$3.94 billion. Adjusted EBITDA guidance was reduced to $490 million-$510 million from $510 million-$535 million, and free cash flow guidance was reduced to $190 million-$210 million from $255 million-$270 million.

Earlier filings 4

10-Q · July 29, 2026

Diebold Nixdorf reported $930.8 million of revenue and $1.10 of diluted EPS for the June 2026 quarter. Revenue grew 1.7% year over year and 4.3% sequentially, while EPS rose from $0.33 a year earlier and $0.14 in the…

10-Q · April 30, 2026

Diebold Nixdorf reported Q1 2026 results, showcasing a revenue increase to $891.8 million, a 6% year-over-year growth that surpassed estimates of $859.1 million. The company generated an EPS of $0.67, significantly up…

10-K · February 12, 2026

Diebold Nixdorf's 10-K shows modest topline growth in FY2025 with improving margins and materially stronger cash generation. Revenue rose to about $3.80 billion in 2025 (vs $3.75 billion in 2024), gross margin expanded…

10-Q · August 6, 2025

Diebold Nixdorf reported Q2 net sales of $915.2 million, down $24.5 million (‑2.6%) versus Q2 2024, with total gross margin slightly lower at 25.6% (vs. 25.9% prior year) and operating profit of $56.2 million (operating…

This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.