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    Diebold Nixdorf (DBD)

    Market Price (7/29/2026): $90.73 | Market Cap: $3.2 BilSector: Information Technology | Industry: Electronic Equipment & Instruments

    Diebold Nixdorf (DBD)

    Market Price (7/29/2026): $90.73
    Market Cap: $3.2 Bil
    Sector: Information Technology
    Industry: Electronic Equipment & Instruments

    Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

    0

    Attractive yield
    FCF Yield is 8.0%

    Low stock price volatility
    Vol 12M is 35%

    Megatrend and thematic drivers
    Megatrends include Fintech & Digital Payments, and Automation & Robotics. Themes include Digital Payments, Online Banking & Lending, Show more.

    Trading close to highs
    Dist 52W High is 0.0%, Dist 3Y High is 0.0%

    Meaningful short interest
    Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.35

    Key risks
    DBD key risks include [1] a substantial debt load that challenges its financial stability and flexibility, Show more.

    0 Attractive yield
    FCF Yield is 8.0%
    1 Low stock price volatility
    Vol 12M is 35%
    2 Megatrend and thematic drivers
    Megatrends include Fintech & Digital Payments, and Automation & Robotics. Themes include Digital Payments, Online Banking & Lending, Show more.
    3 Trading close to highs
    Dist 52W High is 0.0%, Dist 3Y High is 0.0%
    4 Meaningful short interest
    Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.35
    5 Key risks
    DBD key risks include [1] a substantial debt load that challenges its financial stability and flexibility, Show more.

    DBD in ETFs

    Weight = DBD's share of each fund

    VTI0.00%
    ITOT0.00%
    IWM0.07%
    IJR0.17%
    IJT0.22%
    SLYG0.22%
    AVUV0.19%
    IWO0.13%
    +13 more covered ETFs

    Valuation & Metrics

    FYE: 12/31DBD [1]S&P 500 [2]
    REVENUE GROWTH
    LTM Revenue [3]$3.9 Bil—
    FY 2026 Sales$3.9 Bil—
    FY 2027 Sales$4.0 Bil—
    FY 2026 Sales Growth1.0%—
    FY 2027 Sales Growth3.7%13.0%
    EARNINGS
    LTM Net Income (GAAP) [3]$107.9 Mil—
    FY 2026 Net Income (Non-GAAP)$204.5 Mil—
    FY 2027 Net Income (Non-GAAP)$238.2 Mil—
    FY 2027 Net Income Growth16.4%19.8%
    FY 2026 EPS (Non-GAAP)$5.49—
    FY 2027 EPS (Non-GAAP)$6.79—
    FY 2027 EPS Growth23.7%—
    VALUATION
    FY 2026 P/S0.81.7
    FY 2027 P/S0.8—
    FY 2026 P/E15.68.2
    FY 2027 P/E13.4—

    [1] DBD forward figures are analyst consensus for the next two fiscal years (fiscal year end 12/31). Net Income and EPS are non-GAAP (adjusted) consensus. P/S and P/E divide the current market cap by the consensus figure.
    [2] S&P 500 figures are the SPY ETF's holdings-weighted forward aggregate. P/S and P/E reflect FY1/FY2 consensus blended to the 12-month window ending 7/31/27 (~one year forward), shown when ≥90% of index weight has estimates. Growth is the aggregate next-fiscal-year vs current-fiscal-year (FY1→FY2) change. Index-level dollar Sales, Net Income and EPS are not applicable.
    [3] LTM = reported trailing-twelve-month actuals (GAAP).
    DBDS&P 500
    REVENUE GROWTHPOOR
    Rev LTM ($ Bil)3.9
    Rev Chg Q6.0%9.1%
    Rev Chg LTM4.3%7.8%
    Rev Chg 3Y Avg4.3%5.9%
    PROFITABILITYVERY POOR
    Op Inc LTM ($ Bil)0.3
    CFO LTM ($ Bil)0.3
    Net Inc LTM ($ Bil)0.1
    Op Mgn LTM6.8%18.4%
    CFO/Rev LTM8.2%21.5%
    Net Inc Mgn2.8%13.0%
    VALUATIONMODERATE
    P/S0.83.3
    P/CFO10.115.4
    P/FCF12.620.2
    P/E29.524.2
    STABILITYGOOD
    Debt/Equity0.290.20
    Cash/Assets0.100.07

    AI Analysis | Feedback

    MetricValueDateSource
    Product Backlogapproximately $920 million11052025Link
    Global ATM Market Share32%8152024Link
    Number of Employeesapproximately 21,00011052025Link
    Installed Base of ATMs800,0006112025Link
    Annual ATM Refresh Rate60,000-70,000 devices6112025Link
    Recurring Service Revenueapproximately 70% of total higher margin service revenue8082024Link
    Partner to Majority of World's Top Financial InstitutionsTop 10011052025Link
    Partner to Majority of World's Top Global RetailersTop 2511052025Link

    Price Chart

    No Events

    Why The Stock Moved

    Qualitative Assessment

    AI Analysis | Feedback

    Updated on 7/21/2026

    Diebold Nixdorf (DBD) stock has gained about 20% since 3/31/2026 because of the following key factors:

    1. Robust Fiscal Q1 2026 Financial Performance Exceeded Expectations.

    Diebold Nixdorf reported strong financial results for fiscal Q1 2026 (ending March 31, 2026), with revenue increasing 6% year-over-year to $888.20 million, surpassing analyst expectations of $846.23 million. Adjusted EBITDA grew 14% year-over-year to $99 million, and adjusted earnings per share (EPS) expanded by approximately 81% year-over-year to $0.67, beating consensus estimates. Furthermore, the company generated $21 million in free cash flow, more than tripling year-over-year, marking its sixth consecutive quarter of positive cash generation, and management reaffirmed its positive 2026 outlook.

    2. Enhanced Financial Strength and Shareholder Return Initiatives.

    The company demonstrated improved financial health through strategic capital allocation and debt management. In fiscal Q1 2026, Diebold Nixdorf repurchased $55 million of its common stock under its existing $200 million authorization. The company also maintained a strong balance sheet with a net debt leverage ratio of 1.2x at the end of fiscal Q1 2026, supported by $680 million in liquidity. On April 23, 2026, Fitch Ratings assigned Diebold Nixdorf a first-time Long-Term Issuer Default Rating of BB- with a stable outlook, validating its operational execution and "fortress balance sheet".

    Show more
    Updated on 7/21/2026

    Diebold Nixdorf (DBD) stock has gained about 20% since 3/31/2026 because of the following key factors:

    1. Robust Fiscal Q1 2026 Financial Performance Exceeded Expectations.

    Diebold Nixdorf reported strong financial results for fiscal Q1 2026 (ending March 31, 2026), with revenue increasing 6% year-over-year to $888.20 million, surpassing analyst expectations of $846.23 million. Adjusted EBITDA grew 14% year-over-year to $99 million, and adjusted earnings per share (EPS) expanded by approximately 81% year-over-year to $0.67, beating consensus estimates. Furthermore, the company generated $21 million in free cash flow, more than tripling year-over-year, marking its sixth consecutive quarter of positive cash generation, and management reaffirmed its positive 2026 outlook.

    2. Enhanced Financial Strength and Shareholder Return Initiatives.

    The company demonstrated improved financial health through strategic capital allocation and debt management. In fiscal Q1 2026, Diebold Nixdorf repurchased $55 million of its common stock under its existing $200 million authorization. The company also maintained a strong balance sheet with a net debt leverage ratio of 1.2x at the end of fiscal Q1 2026, supported by $680 million in liquidity. On April 23, 2026, Fitch Ratings assigned Diebold Nixdorf a first-time Long-Term Issuer Default Rating of BB- with a stable outlook, validating its operational execution and "fortress balance sheet".

    3. Increased Market Visibility and Strong Analyst Endorsement.

    Diebold Nixdorf's inclusion in the S&P SmallCap 600 Index, effective prior to market open on April 10, 2026, significantly boosted its market visibility and appeal to a broader investor base, including index-tracking funds. Concurrently, Wall Street analysts maintained a highly positive outlook, with a "Buy" or "Strong Buy" consensus rating and a median price target of $100.00 as of July 19, 2026. This projected target implied a notable upside of approximately 16.7% from the stock's trading price around that time, contributing to robust investor confidence.

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    Stock Movement Drivers

    Fundamental Drivers

    The 20.3% change in DBD stock from 3/31/2026 to 7/28/2026 was primarily driven by a 12.6% change in the company's Net Income Margin (%).
    (LTM values as of)33120267282026Change
    Stock Price ($)75.4490.7520.3%
    Change Contribution By: 
    Total Revenues ($ Mil)3,8063,8561.3%
    Net Income Margin (%)2.5%2.8%12.6%
    P/E Multiple28.629.53.1%
    Shares Outstanding (Mil)36352.3%
    Cumulative Contribution20.3%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    3/31/2026 to 7/28/2026
    ReturnCorrelation
    DBD20.3% 
    Market (SPY)13.9%32.4%
    Sector (XLK)28.7%35.0%

    Fundamental Drivers

    The 33.7% change in DBD stock from 12/31/2025 to 7/28/2026 was primarily driven by a 104.1% change in the company's Net Income Margin (%).
    (LTM values as of)123120257282026Change
    Stock Price ($)67.8990.7533.7%
    Change Contribution By: 
    Total Revenues ($ Mil)3,6903,8564.5%
    Net Income Margin (%)1.4%2.8%104.1%
    P/E Multiple49.029.5-39.7%
    Shares Outstanding (Mil)36354.0%
    Cumulative Contribution33.7%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    12/31/2025 to 7/28/2026
    ReturnCorrelation
    DBD33.7% 
    Market (SPY)8.9%35.8%
    Sector (XLK)19.0%35.5%

    Fundamental Drivers

    The 63.8% change in DBD stock from 6/30/2025 to 7/28/2026 was primarily driven by a 46.6% change in the company's P/S Multiple.
    (LTM values as of)63020257282026Change
    Stock Price ($)55.4090.7563.8%
    Change Contribution By: 
    Total Revenues ($ Mil)3,6973,8564.3%
    P/S Multiple0.60.846.6%
    Shares Outstanding (Mil)38357.1%
    Cumulative Contribution63.8%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    6/30/2025 to 7/28/2026
    ReturnCorrelation
    DBD63.8% 
    Market (SPY)20.9%40.7%
    Sector (XLK)35.7%36.2%

    Fundamental Drivers

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    Market Drivers

    6/30/2023 to 7/28/2026
    ReturnCorrelation
    DBD  
    Market (SPY)73.0%41.1%
    Sector (XLK)100.5%36.7%

    Return vs. Risk

    Price Returns Compared

     202120222023202420252026Total [1]
    Returns
    DBD Return--41%49%58%34%341%
    Peers Return-6%-33%2%44%-3%-16%-24%
    S&P 500 Return27%-19%24%23%16%8%97%

    Monthly Win Rates [3]
    DBD Win Rate--80%58%83%86% 
    Peers Win Rate44%35%63%53%48%43% 
    S&P 500 Win Rate75%42%67%75%67%43% 

    Max Drawdowns [4]
    DBD Max Drawdown----22%-21%-23% 
    Peers Max Drawdown-25%-51%-40%-21%-36%-38% 
    S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 

    [1] Cumulative total returns since the beginning of 2021
    [2] Peers: NATL, VYX, FIS, ORCL, TOST.
    [3] Win Rate = % of calendar months in which monthly returns were positive
    [4] Max drawdown represents maximum peak-to-trough decline within a year
    [5] 2026 data is for the year up to 7/28/2026 (YTD)

    How Low Can It Go

    EventDBDS&P 500
    2025 US Tariff Shock
      % Loss-18.7%-18.8%
      % Gain to Breakeven22.9%23.1%
      Time to Breakeven24 days79 days
    Summer-Fall 2023 Five Percent Yield Shock
      % Loss-17.0%-9.5%
      % Gain to Breakeven20.4%10.5%
      Time to Breakeven63 days24 days

    Compare to NATL, VYX, FIS, ORCL, TOST

    In The Past

    Diebold Nixdorf's stock fell -18.7% during the 2025 US Tariff Shock. Such a loss loss requires a 22.9% gain to breakeven.

    Preserve Wealth

    Limiting losses and compounding gains is essential to preserving wealth.

    Asset Allocation

    Actively managed asset allocation strategies protect wealth. Learn more.

    null

    Compare to NATL, VYX, FIS, ORCL, TOST

    In The Past

    Diebold Nixdorf's stock fell -18.7% during the 2025 US Tariff Shock. Such a loss loss requires a 22.9% gain to breakeven.

    Preserve Wealth

    Limiting losses and compounding gains is essential to preserving wealth.

    Asset Allocation

    Actively managed asset allocation strategies protect wealth. Learn more.

    About Diebold Nixdorf (DBD)

    Diebold Nixdorf, Inc. (DBD) is a global provider of connected commerce solutions, primarily serving financial institutions and retailers across Western Europe, Eastern Europe, Asia, the Middle East, Africa, and the Americas. For its financial institution clients, the company offers a comprehensive range of hardware, software, and supporting services. This includes essential banking hardware such as cash recyclers, dispensers, intelligent deposit terminals, teller automation tools, and physical security solutions. These are complemented by advanced software platforms like the DN Vynamic suite, designed to manage channel transactions, operations, and facilitate omnichannel integration. Diebold Nixdorf also provides extensive banking services, including proactive monitoring, maintenance, on-demand support, managed services, and crucial cash management solutions.

    For its retail customers, Diebold Nixdorf supplies technology vital for modern store environments. This includes mobile point-of-sale (POS) systems, self-checkout terminals, printers, scales, mobile scanners, and banknote and coin processing systems. These retail offerings are backed by a suite of services covering implementation, maintenance, managed mobility, monitoring, and comprehensive store life-cycle management. Through these integrated solutions, Diebold Nixdorf helps its diverse global clientele streamline operations, manage transactions, and enhance consumer experiences.

    AI Analysis | Feedback

    Here are 1-3 brief analogies to describe Diebold Nixdorf (DBD):

    • It's like a specialized IBM for the banking and retail sectors, providing the essential hardware (like ATMs and self-checkout machines), software, and services that power customer interactions and back-end operations.
    • Think of it as a direct peer to NCR, a major global provider of ATMs, self-checkout systems, and the underlying technology and services for financial institutions and retailers.
    • It's like the Deere & Co. of banking and retail self-service, building and maintaining the crucial machines and systems—such as ATMs and self-checkout terminals—that keep transactions flowing.

    AI Analysis | Feedback

    Diebold Nixdorf's Major Products and Services:

    • Financial Hardware: Provides automated teller machines (ATMs), cash recyclers, intelligent deposit terminals, teller automation tools, kiosks, and physical security solutions for banks.
    • Retail Hardware: Offers mobile point of sale (POS) and self-checkout terminals, printers, scales, mobile scanners, and banknote/coin processing systems for retailers.
    • Banking & Retail Software: Delivers front-end applications and back-end platforms, including the DN Vynamic suite, for managing transactions, operations, omnichannel experiences, and providing analytics.
    • Equipment Maintenance & Support: Offers proactive monitoring, incident resolution, preventive, and on-demand maintenance for financial and retail hardware.
    • Managed & Outsourcing Services: Provides services such as business process management, solution upgrades, transaction processing, and store life-cycle management for clients.
    • Cash Management Services: Supplies specialized services focused on optimizing the handling and flow of cash for financial institutions.
    • Implementation & Professional Services: Delivers services for the setup, deployment, and optimization of both banking and retail solutions.

    AI Analysis | Feedback

    Diebold Nixdorf (symbol: DBD) primarily sells its solutions and services to other companies. Based on the provided background information, its major customers fall into the following categories:
    • Financial Institutions
    • Retailers
    The background information does not provide specific names of the customer companies.

    AI Analysis | Feedback

    null

    AI Analysis | Feedback

    Octavio Marquez, President and Chief Executive Officer

    Octavio Marquez has served as President and Chief Executive Officer of Diebold Nixdorf since March 2022. He joined Diebold in January 2014 and previously held senior leadership roles across the company's global banking organization and the Americas region, where he led the Global Banking business. Prior to joining Diebold Nixdorf, Marquez served as managing director for the Mexico operations for EMC, a global leader in IT management and cloud computing, where he developed turnaround strategies. He also held several leadership roles at Hewlett Packard, including President of HP Mexico, a role in which he transformed the company into the largest IT business in the market. Marquez also held leadership positions with IBM and NCR.

    Thomas Timko, Executive Vice President and Chief Financial Officer

    Thomas Timko was appointed Executive Vice President and Chief Financial Officer of Diebold Nixdorf, effective May 17, 2024. He joined Diebold Nixdorf from GE, where he served for nearly six years as global chief accounting officer (CAO) and controller, playing a key role in the transformation of GE into three stand-alone companies. Before his tenure at GE, Timko spent over five years at General Motors (GM) as CAO and controller. His career also includes leadership positions as vice president and chief accounting officer at Applied Materials, and as chief accounting officer and controller at Delphi Corporation.

    Elizabeth Radigan, Executive Vice President, Chief Administrative Officer and Corporate Secretary

    Elizabeth Radigan serves as executive vice president, chief administrative officer and corporate secretary for Diebold Nixdorf. In this role, she is responsible for leading the company's global legal, human resources, and corporate compliance programs, as well as enterprise risk management, real estate and facilities, information security, and internal communications.

    Joe Myers, Executive Vice President, Chief Revenue Officer

    Joe Myers serves as executive vice president, chief revenue officer for Diebold Nixdorf. He is responsible for leading the company's global Banking and Retail sales teams to deliver integrated, customer-focused solutions. Myers joined Diebold Nixdorf in 2022 as Executive Vice President, Global Banking.

    Andy Zosel, Executive Vice President and Chief Product & Technology Officer

    Andy Zosel is the Executive Vice President and Chief Product & Technology Officer at Diebold Nixdorf. He and his team are responsible for defining global standards for efficient execution and supporting the seamless deployment and integration of solutions across various markets and customer environments. Under his leadership, the Product & Technology organization focuses on leveraging artificial intelligence and other emerging technologies. Prior to joining Diebold Nixdorf, Zosel served as senior vice president for the Intelligent Automation businesses (RFID, Machine Vision & Robotics) at Zebra Technologies.

    AI Analysis | Feedback

    The key risks to Diebold Nixdorf's business are primarily driven by the evolving landscape of the financial and retail sectors, its financial structure, and global operational challenges.

    1. Intense Market Competition and Digital Transformation: Diebold Nixdorf operates in a highly dynamic environment characterized by rapid technological advancements and shifting consumer behaviors towards digital banking and retail experiences. The company faces formidable competition from established players like NCR Corporation, Fujitsu, and GK Software. A significant risk is the ongoing substitution threat from digital alternatives such as mobile wallets and fintech platforms, which are replacing physical cash transactions at ATMs and in-store checkouts. The sustained adoption of digital payments and cashless trends threatens the long-term demand for Diebold Nixdorf's traditional physical products and limits new market growth potential. The company's strategic pivot from low-margin hardware sales to higher-margin recurring software and managed services contracts is crucial for its future competitiveness, but this transition itself carries execution and scaling risks.
    2. High Debt Levels and Financial Resilience: Diebold Nixdorf has a history of substantial indebtedness, which previously led to a Chapter 11 restructuring that concluded in 2023. While the company has focused on debt reduction and improving its capital structure, it still requires sufficient cash flows and capital resources to fund its debt service obligations and other liquidity needs. The company's debt levels have historically raised concerns regarding its ability to convert earnings before interest and taxes (EBIT) to free cash flow, and its liabilities have at times outweighed its market capitalization.
    3. Supply Chain Vulnerabilities and Tariffs: The company's global operations expose it to risks related to supply chain integrity and the impact of tariff policies. For instance, in Q1 2025, new tariffs were estimated to have a gross impact of approximately $20 million, affecting key components. These vulnerabilities can lead to operational cost pressures and affect the company's profitability and cost structures.

    AI Analysis | Feedback

    The accelerated global adoption of purely digital payment methods (such as mobile wallets, peer-to-peer payments, and central bank digital currencies) is an emerging threat. This trend diminishes the fundamental need for physical cash handling infrastructure (e.g., ATMs, cash recyclers, intelligent deposit terminals, banknote and coin processing systems) and traditional physical point-of-sale terminals, which constitute a significant portion of Diebold Nixdorf's core hardware and related service offerings.

    AI Analysis | Feedback

    Diebold Nixdorf (DBD) operates within several significant addressable markets for its banking and retail solutions globally.

    Banking Solutions

    • Automated Teller Machine (ATM) Market: The global ATM market size was valued at approximately USD 25.61 billion in 2025 and is projected to reach nearly USD 35.8 billion by 2032. North America held the largest share of the ATM market, accounting for 31.34% in 2024. Diebold Nixdorf holds a 32% share of the global ATM market.
    • Banking Process Automation Market: The global Banking Process Automation Market is anticipated to reach approximately USD 19.1 billion by 2032, increasing from its 2022 value of USD 3.0 billion.
    • AI and Automation in Banking Market: The global AI and automation in banking market size was estimated at USD 42.64 billion in 2025 and is projected to reach USD 239.64 billion by 2033. In 2025, North America accounted for a 37.8% share of this market.
    • Cash Management System Market: The global cash management system market was valued at USD 17.6 billion in 2024 and is projected to reach USD 36.92 billion by 2030. In 2024, the Europe cash management system market dominated the global market with a 31.1% share. North America was the largest region in the cash management system market in 2025.

    Retail Solutions

    • Self-checkout Systems Market: The global self-checkout systems market size was estimated at USD 5.71 billion in 2025 and is predicted to grow to approximately USD 20.15 billion by 2035. North America held the largest share of this market with 43% in 2025. Diebold Nixdorf is a leader in self-service checkout shipments in the EMEA region (Europe, Middle East, and Africa), with a 40% market share as of August 2024.
    • Point-of-Sale (POS) Terminal Market: The global point-of-sale terminal market size was valued at USD 123.15 billion in 2025 and is projected to reach USD 226.87 billion by 2033. Asia Pacific dominated the POS terminal market with a 30% share in 2023. The North America POS Terminals Market held 24.70% of the global market revenue in 2025.
    • Retail Technology Market: The global Retail Technology Market size was valued at USD 266.4 billion in 2024 and is expected to grow to USD 500 billion by 2035. North America is the dominant region, with a valuation of USD 100 billion in 2024, projected to grow to USD 180 billion by 2035.
    • Smart Retail Market: The global smart retail market size was estimated at USD 43.13 billion in 2024 and is projected to reach USD 450.69 billion by 2033. In 2024, North America dominated the smart retail market with a 34.1% revenue share.

    AI Analysis | Feedback

    Here are 3-5 expected drivers of future revenue growth for Diebold Nixdorf (DBD) over the next 2-3 years:
    • Growth in Banking Segment Solutions: Diebold Nixdorf anticipates continued revenue growth from its banking segment, driven by strong demand for its DN Series ATMs and increased adoption of cash recycling technology. The company expects to refresh its global ATM install base, with a significant portion of its anticipated banking product revenue for 2024 already covered by its backlog.
    • Expansion of Retail Self-Checkout and AI-Driven Solutions: The company expects growth in its retail segment, fueled by robust demand for self-checkout (SCO) units due to ongoing labor challenges and the enhancement of customer and staff experiences. Additionally, Diebold Nixdorf is focused on scaling its AI-driven solutions in North American retail, securing new customer wins in this area.
    • Increased Service and Software Attach Rates and Recurring Revenue: A key driver of future revenue growth is the strong attach rate of service and software to hardware sales. The recurring nature of this service and software revenue, along with expanded service offerings, software-enabled automation initiatives, and cash management solutions, is expected to contribute to sustained growth.
    • Geographic Expansion and Market Penetration: Diebold Nixdorf is actively pursuing geographic expansion and deeper market penetration. This includes strengthening its presence in the North American market, particularly with leading Quick Service Restaurant (QSR) brands, and making strategic investments in local manufacturing and sales teams. The company is also expanding into the APAC region with new ATM products and has re-entered the Indian market with local manufacturing.

    AI Analysis | Feedback

    Share Repurchases

    • In February 2026, Diebold Nixdorf completed two share repurchase programs, repurchasing 2,307,275 shares for a total of US$150.57 million.
    • The Board of Directors authorized a new share repurchase program of up to $200 million in November 2025.
    • In fiscal year 2025, Diebold Nixdorf repurchased approximately $128 million of shares, which represented about 6% of the total shares outstanding and completed an initial $100 million program.

    Outbound Investments

    • Diebold Nixdorf's "Change in Acquisitions & Divestments" amounted to $306.0 million for fiscal year 2025.
    • "Purchases of Investments" for Diebold Nixdorf in 2025 was USD -71.0 million.
    • The company maintains a pipeline for potential tuck-in acquisitions, specifically targeting service opportunities that are immediately accretive and low multiple.

    Capital Expenditures

    • Diebold Nixdorf's capital expenditures were $55.0 million in 2021.
    • Capital expenditures for 2022 amounted to $59.0 million.
    • In 2023, the company reported capital expenditures of $49.0 million.

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    AIAIAIAI0.4-61.8%-63.5%
    FACFactorial Energy0.5-59.1%10.7%
    OPTUOptimum Communications0.4-54.2%-53.9%
    REPLReplimune0.5-54.0%-45.0%
    WOLFWolfspeed0.9-52.4%25.7%
    BRUNBoost Run0.8-51.2%-20.4%
    ALOYREalloys0.4-50.1%-22.4%

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    Financials

    DBDNATLVYXFISORCLTOSTMedian
    NameDiebold .NCR Atle.NCR VoyixFidelity.Oracle Toast  
    Mkt Price90.7547.068.6044.93119.9632.3446.00
    Mkt Cap3.23.51.223.1344.919.011.2
    Rev LTM3,8564,4202,67611,44067,3586,4465,433
    Op Inc LTM263470271,93722,442364417
    FCF LTM25472-2912,055-23,686654163
    FCF 3Y Avg-162-2112,330-4,091396162
    CFO LTM317224-1263,07231,977714515
    CFO 3Y Avg-309283,21523,824448448

    Growth & Margins

    DBDNATLVYXFISORCLTOSTMedian
    NameDiebold .NCR Atle.NCR VoyixFidelity.Oracle Toast  
    Rev Chg LTM4.3%4.2%-1.6%12.3%17.4%23.4%8.3%
    Rev Chg 3Y Avg-2.2%9.4%1.6%10.6%29.0%9.4%
    Rev Chg Q6.0%6.5%-1.0%30.1%20.6%21.9%13.6%
    QoQ Delta Rev Chg LTM1.3%1.5%-0.2%7.1%5.1%4.8%3.1%
    Op Inc Chg LTM28.0%1.3%167.5%11.2%24.3%191.2%26.2%
    Op Inc Chg 3Y Avg-22.2%47.5%9.7%17.8%131.6%22.2%
    Op Mgn LTM6.8%10.6%1.0%16.9%33.3%5.6%8.7%
    Op Mgn 3Y Avg-9.3%-1.3%16.8%31.7%1.0%9.3%
    QoQ Delta Op Mgn LTM0.1%-0.4%0.1%0.5%1.0%0.7%0.3%
    CFO/Rev LTM8.2%5.1%-4.7%26.9%47.5%11.1%9.6%
    CFO/Rev 3Y Avg-7.2%0.3%30.9%39.7%8.0%8.0%
    FCF/Rev LTM6.6%1.6%-10.9%18.0%-35.2%10.1%4.1%
    FCF/Rev 3Y Avg-3.8%-7.8%22.5%-4.5%7.0%3.8%

    Valuation

    DBDNATLVYXFISORCLTOSTMedian
    NameDiebold .NCR Atle.NCR VoyixFidelity.Oracle Toast  
    Mkt Cap3.23.51.223.1344.919.011.2
    P/S0.80.80.42.05.12.91.4
    P/Op Inc12.17.444.311.915.452.213.7
    P/EBIT13.77.379.713.514.352.214.0
    P/E29.519.716.28.720.246.119.9
    P/CFO10.115.5-9.57.510.826.610.4
    Total Yield3.4%5.1%6.2%15.3%6.6%2.2%5.6%
    Dividend Yield0.0%0.0%0.0%3.7%1.7%0.0%0.0%
    FCF Yield 3Y Avg-7.7%-15.5%7.2%-0.9%2.2%2.2%
    D/E0.30.81.10.90.50.00.6
    Net D/E0.20.70.90.90.4-0.10.5

    Returns

    DBDNATLVYXFISORCLTOSTMedian
    NameDiebold .NCR Atle.NCR VoyixFidelity.Oracle Toast  
    1M Rtn6.8%8.9%8.3%16.5%-19.0%19.4%8.6%
    3M Rtn10.3%5.9%21.6%-1.9%-27.5%11.6%8.1%
    6M Rtn33.5%29.7%-14.9%-21.1%-30.9%-0.4%-7.6%
    12M Rtn57.2%70.5%-40.2%-43.3%-51.0%-33.9%-37.1%
    3Y Rtn341.2%120.5%-67.7%-18.5%7.1%49.7%28.4%
    1M Excs Rtn5.8%7.8%7.3%15.5%-20.0%18.4%7.6%
    3M Excs Rtn6.7%3.8%19.5%-3.9%-34.0%9.3%5.2%
    6M Excs Rtn24.6%18.8%-25.0%-29.3%-40.7%-10.3%-17.7%
    12M Excs Rtn41.3%54.8%-56.5%-59.7%-66.8%-49.9%-53.2%
    3Y Excs Rtn277.4%56.8%-131.5%-84.8%-58.1%-16.5%-37.3%

    Financials

    $ Mil | FY: 12/312026Q12025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q1
    Period End3/31/202612/31/20259/30/20256/30/20253/31/202512/31/20249/30/20246/30/20243/31/2024
    Filing Date4/30/20262/12/202611/5/20258/6/20255/7/20252/25/202511/7/20248/7/20245/2/2024
    Key Financials Quarterly         
    Total Revenue8921,104945915841989927940895
    Ebitda671141067048797911463
    Operating Income458274623642468140
    Net Income5504112-86-2215-15
    EPS0.141.391.130.33-0.220.15-0.600.40-0.39
    Key Financials TTM         
    Total Revenue TTM3,8563,8063,6903,6723,6973,751---
    Ebitda TTM357338304276320335---
    Operating Income TTM263255215187206210---
    Net Income TTM1089551-13-10-16---
    Growth Rates Quarterly         
    Total Revenue Growth6.0%11.7%2.0%-2.6%-6.1%-0.5%9.5%-7.6%
    EBITDA Growth39.8%43.7%34.6%-38.5%-23.4%-113.1%443.3%238.1%
    Operating Income Growth22.5%96.7%59.1%-22.8%-10.1%-3966.7%9100.0%694.1%
    Net Income Growth160.2%785.7%283.5%-18.1%43.2%-96.7%113.4%90.2%
    Margins Quarterly         
    EBITDA Margin7.5%10.3%11.2%7.7%5.7%8.0%8.5%12.1%7.0%
    Operating Income Margin5.0%7.5%7.8%6.8%4.3%4.2%5.0%8.6%4.5%
    Net Income Margin0.6%4.5%4.3%1.3%-1.0%0.6%-2.4%1.6%-1.6%
    Cash & Debt         
    Total Cash374398264294315313262285301
    Total Debt9399389341,0631,0559271,1001,1001,110
    Net Debt / (Cash)566540670769741614838815809
    Cash Flows Quarterly         
    FCF from Operations32218373016196-16-8-24
    Cash Flows TTM         
    FCF from Operations TTM317301279226188149---
    Returns to Shareholders Quarterly         
    Dividends000000000
    Share Repurchases6051403010-0-0-0-0
    Return on Invested Capital (ROIC) Quarterly         
    ROIC7.4%18.8%14.6%9.9%5.9%1.6%9.7%5.3%7.0%
    Return on Invested Capital (ROIC) TTM         
    ROIC TTM15.8%14.5%9.6%10.3%11.9%13.2%---

    Segment Financials

    Revenue by Segment
    $ Mil20252024202220212020
    Banking2,7972,7632,4222,711 
    Retail1,0099881,0181,1941,052
    Held for sale non-core European retail business0020  
    Americas Banking    1,419
    Eurasia Banking    1,431
    Total3,8063,7513,4613,9053,902


    Operating Income by Segment
    $ Mil20252024202220212020
    Banking507451311441 
    Retail12512213416567
    Amortization of fair value assets00-70  
    Held for sale non-core European retail business00-29  
    Impairment of assets0-2-112 -8
    Refinancing related costs0-16-32  
    Net non-routine income (expense)-0-1-43 -142
    Restructuring and other saving initiative expenses-94-106-124 -182
    Corporate charges not allocated to segments-295-265-247 -57
    Americas Banking    185
    Eurasia Banking    160
    Total242182-21260524


    Assets by Segment
    $ Mil20122011201020092008
    DI1,6001,4991,5041,4231,258
    DNA9931,0191,0161,1321,198
    ES & Other    82
    Total2,5932,5172,5202,5552,538


    Price Behavior

    Price Behavior
    Market Price$90.75 
    Market Cap ($ Bil)3.2 
    First Trading Date08/14/2023 
    Distance from 52W High0.0% 
       50 Days200 Days
    DMA Price$81.48$73.58
    DMA Trendupup
    Distance from DMA11.4%23.3%
     3M1YR
    Volatility33.4%35.1%
    Downside Capture107.55105.26
    Upside Capture133.30139.25
    Correlation (SPY)28.6%41.8%
    DBD Betas & Captures as of 6/30/2026

     1M2M3M6M1Y3Y
    Beta0.610.970.870.941.140.01
    Up Beta-0.310.140.420.701.060.02
    Down Beta0.630.220.430.801.17-0.05
    Up Capture121%174%114%125%146%176%
    Bmk +ve Days11244067140429
    Stock +ve Days12213566138383
    Down Capture57%131%137%93%101%95%
    Bmk -ve Days10172358112321
    Stock -ve Days9202859113331

    [1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
    Based On 1-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with DBD
    DBD57.9%35.0%1.35-
    Sector ETF (XLK)31.3%24.9%1.0437.7%
    Equity (SPY)17.3%12.7%0.9941.6%
    Gold (GLD)20.2%28.1%0.6412.8%
    Commodities (DBC)29.1%19.5%1.19-14.8%
    Real Estate (VNQ)14.4%14.1%0.7222.8%
    Bitcoin (BTCUSD)-46.4%42.9%-1.3328.0%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How
    Based On 5-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with DBD
    DBD33.9%39.7%1.35-
    Sector ETF (XLK)18.7%25.6%0.6636.8%
    Equity (SPY)12.9%17.1%0.5841.3%
    Gold (GLD)16.9%18.4%0.747.6%
    Commodities (DBC)9.1%19.5%0.363.9%
    Real Estate (VNQ)2.9%18.9%0.0530.5%
    Bitcoin (BTCUSD)16.2%53.4%0.4818.8%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How
    Based On 10-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with DBD
    DBD15.7%39.7%1.35-
    Sector ETF (XLK)23.7%24.8%0.8736.8%
    Equity (SPY)14.9%17.9%0.7141.3%
    Gold (GLD)11.3%16.1%0.577.6%
    Commodities (DBC)6.8%18.0%0.303.9%
    Real Estate (VNQ)5.2%20.7%0.2130.5%
    Bitcoin (BTCUSD)57.5%66.2%0.9818.8%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How

    Short Interest

    Short Interest: As Of Date7152026
    Short Interest: Shares Quantity2.8 Mil
    Short Interest: % Change Since 6302026-5.7%
    Average Daily Volume0.2 Mil
    Days-to-Cover Short Interest11.4 days
    Basic Shares Quantity35.1 Mil
    Short % of Basic Shares7.9%

    Returns Analyses

    Earnings Returns History

    Updated 6/3/2026
    Expand for More
     Forward Returns
    Earnings Date1D Returns5D Returns21D Returns
    SUMMARY STATS   
    # Positive000
    # Negative000
    Median Positive   
    Median Negative   
    Max Positive   
    Max Negative   
     Collapse to Preview
     Forward Returns
    Earnings Date1D Returns5D Returns21D Returns
    SUMMARY STATS   
    # Positive000
    # Negative000
    Median Positive   
    Median Negative   
    Max Positive   
    Max Negative   

    SEC Filings

    Expand for More
    Report DateFiling DateFiling
    03/31/202604/30/202610-Q
    12/31/202502/12/202610-K
    09/30/202511/05/202510-Q
    06/30/202508/06/202510-Q
    03/31/202505/07/202510-Q
    12/31/202402/25/202510-K
    09/30/202411/07/202410-Q
    06/30/202408/07/202410-Q
    03/31/202405/02/202410-Q
    06/30/202308/09/202310-Q
    03/31/202305/30/202310-Q
    12/31/202203/16/202310-K
    09/30/202211/09/202210-Q
    06/30/202208/09/202210-Q
    03/31/202205/10/202210-Q
    12/31/202103/11/202210-K
     Collapse to Preview
    Report DateFiling DateFiling
    03/31/202604/30/202610-Q
    12/31/202502/12/202610-K
    09/30/202511/05/202510-Q
    06/30/202508/06/202510-Q
    03/31/202505/07/202510-Q
    12/31/202402/25/202510-K
    09/30/202411/07/202410-Q
    06/30/202408/07/202410-Q
    03/31/202405/02/202410-Q
    06/30/202308/09/202310-Q
    03/31/202305/30/202310-Q
    12/31/202203/16/202310-K
    09/30/202211/09/202210-Q
    06/30/202208/09/202210-Q
    03/31/202205/10/202210-Q
    12/31/202103/11/202210-K
    09/30/202110/28/202110-Q
    06/30/202107/29/202110-Q
    03/31/202105/10/202110-Q
    12/31/202003/01/202110-K
    09/30/202010/28/202010-Q
    06/30/202007/31/202010-Q
    03/31/202005/05/202010-Q
    12/31/201902/26/202010-K
    09/30/201910/29/201910-Q
    06/30/201907/30/201910-Q
    03/31/201904/30/201910-Q
    12/31/201803/01/201910-K

    Insider Activity

    Updated 6/26/2026
    Expand for More
    #OwnerTitleHoldingActionFiling DatePriceSharesTransacted
    Value    		Value of
    Held Shares    		Form
    1Millstreet, Capital Management Llc See FootnoteSell626202685.062,741233,136357,607,964Form
    2Millstreet, Capital Management Llc See FootnoteSell626202683.95228,72319,201,204353,190,490Form
    3Millstreet, Capital Management Llc See FootnoteSell616202683.911,765148,105372,224,905Form
    4Millstreet, Capital Management Llc See FootnoteSell616202682.12159,67513,112,192364,411,846Form
    5Millstreet, Capital Management Llc See FootnoteSell612202682.061,10890,922377,257,392Form
     Collapse to Preview
    #OwnerTitleHoldingActionFiling DatePriceSharesTransacted
    Value    		Value of
    Held Shares    		Form
    1Millstreet, Capital Management Llc See FootnoteSell626202685.062,741233,136357,607,964Form
    2Millstreet, Capital Management Llc See FootnoteSell626202683.95228,72319,201,204353,190,490Form
    3Millstreet, Capital Management Llc See FootnoteSell616202683.911,765148,105372,224,905Form
    4Millstreet, Capital Management Llc See FootnoteSell616202682.12159,67513,112,192364,411,846Form
    5Millstreet, Capital Management Llc See FootnoteSell612202682.061,10890,922377,257,392Form
    6Millstreet, Capital Management Llc See FootnoteSell612202682.0817,6601,449,568377,449,480Form
    7Millstreet, Capital Management Llc See FootnoteSell610202682.9988,3347,330,989383,098,318Form
    8Marquez, OctavioPresident and CEODirectBuy527202679.5662149,40817,305,118Form
    9Marquez, OctavioPresident and CEODirectBuy527202679.3762949,92617,215,131Form
    10Myers, JonathanEVP, Chief Revenue OfficerDirectBuy522202673.411,36099,8383,349,405Form
    11Timko, Thomas SEVP, CFODirectBuy522202674.3667249,9705,612,693Form
    12Millstreet, Capital Management Llc See FootnoteSell417202684.7760,8335,157,063398,814,497Form
    13Millstreet, Capital Management Llc See FootnoteSell417202685.4351,4724,397,325407,103,773Form
    14Millstreet, Capital Management Llc See FootnoteSell410202682.42399,92932,960,468396,975,728Form
    15Millstreet, Capital Management Llc See FootnoteSell120202668.00500,00034,000,000354,733,696Form
    16Millstreet, Capital Management Llc See FootnoteSell1107202564.5240,5222,614,548368,849,396Form
    17Millstreet, Capital Management Llc See FootnoteSell1107202562.93211,20413,292,081362,327,853Form
    18Millstreet, Capital Management Llc See FootnoteSell922202560.0838,9632,340,940358,587,917Form
    19Millstreet, Capital Management Llc See FootnoteSell918202560.1120,0001,202,250361,117,488Form

    Investor Activity (13F)

    Updated Jul 29, 2026
    13F holdings as of Mar 31, 2026 (Q1 2026)

    Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

    Active ManagerValue% of PortfolioTotal PositionsQoQFiling
    Beach Point Capital Management LP$60.4 Mil23.9%8TRIM -27.2%13F
    325 Capital LLC$18.3 Mil6.7%12ADD +25.2%13F
    Irenic Capital Management LP$36.3 Mil3.3%42TRIM -25.4%13F
    Glendon Capital Management LP$16.3 Mil2.0%25TRIM -72.6%13F
    Fidelity National Financial, Inc.$7.8 Mil0.3%21Hold13F
    Active ManagerValue% of PortfolioTotal PositionsQoQFiling
    325 Capital LLC$18.3 Mil6.7%12ADD +25.2%13F
    Active ManagerValue% of PortfolioTotal PositionsQoQFiling
    Glendon Capital Management LP$16.3 Mil2.0%25TRIM -72.6%13F
    Beach Point Capital Management LP$60.4 Mil23.9%8TRIM -27.2%13F
    Irenic Capital Management LP$36.3 Mil3.3%42TRIM -25.4%13F
    Active ManagerValue% of PortfolioTotal PositionsQoQFiling
    Beach Point Capital Management LP$60.4 Mil23.9%8TRIM -27.2%13F
    Irenic Capital Management LP$36.3 Mil3.3%42TRIM -25.4%13F
    325 Capital LLC$18.3 Mil6.7%12ADD +25.2%13F
    Glendon Capital Management LP$16.3 Mil2.0%25TRIM -72.6%13F
    Fidelity National Financial, Inc.$7.8 Mil0.3%21Hold13F

    Diebold Nixdorf — Investor Video Playlist

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