Diebold Nixdorf Inc. reported its fourth quarter (Q4) and full-year (FY) 2025 earnings, achieving results at the higher end of its outlook and demonstrating strong year-over-year progress. For FY 2025, the company delivered record free cash flow exceeding the higher-end of its outlook and expanded margins by 0.6 percentage points. Free cash flow conversion reached over 40% for the year, with a target of more than 50% in FY 2026. The company’s outlook for FY 2026 includes total revenue in the range of USD 3.86 billion to USD 3.94 billion, an increase from the previous target of USD 3.82 billion to USD 3.92 billion. Both the Banking and Retail segments are expected to grow in the low-single digits year over year, with revenue anticipated to be weighted more towards the second half of the year. Adjusted EBITDA for FY 2026 is forecasted between USD 510 million and USD 535 million, up from the prior target of USD 500 million to USD 530 million. Diebold Nixdorf expects adjusted EBITDA to grow faster than revenue while maintaining cost discipline, with a larger proportion coming in the second half of the year. Free cash flow is projected at USD 255 million to USD 270 million, compared to the previous range of USD 250 million to USD 265 million. Order entry recorded double-digit growth, driven by a focused approach to delivering value to customers, with contributions from both the Banking and Retail segments. The company reported strong cash flow and is well positioned heading into 2026.

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