DBD

MKT CAP:$3B

Diebold Nixdorf, Incorporated

Market Cap

$3B

Technology·Software - Application·🇺🇸 United States·NYSE

Technology·Software App·🇺🇸·NYSE

Stock Price

$88.77+$24.81 (+38.79%)

Apr 17, 2026

Company Details

Diebold Nixdorf, Incorporated engages in the automating, digitizing, and transforming the way people bank and shop worldwide. It operates through two segments, Banking and Retail. The company offers cash recyclers and dispensers, intelligen...

CEO

Octavio Marquez

IPO Date

Aug 14, 2023

Website

www.dieboldnixdorf.com

Key Metrics TTM

Revenue

$4.0B

+14.8% YoY

Net Income

$1.5B

EPS (Diluted)

$49.93

Free Cash Flow

$17M

Revenue / Share

$110.37

Gross Margin

24.0%

Operating Margin

5.4%

Net Margin

38.4%

FCF Margin

0.4%

P/S

0.8x

P/E

2.0x

Earnings Reports

Q1 2026

Apr 30, 2026

PENDING

FY 2025

Feb 12, 2026

$3.8BEPS $2.54

Q4 2025

Feb 12, 2026

$1.1BEPS $1.37

FY 2023

Mar 7, 2024

$3.8BEPS $21.38

Q4 2023

Mar 7, 2024

$1.0B+7.0%EPS $0.59

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 20	$891M	$248M	$21M
Q3 20	$995M	$284M	$24M
Q4 20	$1.1B	$277M	$6M
Q1 21	$944M	$273M	$36M
Q2 21	$944M	$252M	$13M
Q3 21	$958M	$260M	$39M
Q4 21	$1.1B	$258M	$49M
Q1 22	$830M	$185M	-$83M
Q2 22	$852M	$161M	-$92M
Q3 22	$810M	$194M	$6M
Q4 22	$969M	$217M	-$42M
Q1 23	$858M	$209M	-$2M
Q2 23	$922M	$225M	-$4M
Q3 23	$943M	$212M	$37M
Q4 23	$1.0B	$225M	$56M
Q4 25	$1.1B	$300M	$128M

Valuation

Quarter	P/S	P/E
Q2 20	—	—
Q3 20	0.2x	—
Q4 20	0.2x	—
Q1 21	0.2x	—
Q2 21	0.2x	—
Q3 21	0.2x	—
Q4 21	0.2x	—
Q1 22	0.2x	—
Q2 22	0.2x	—
Q3 22	0.2x	—
Q4 22	0.2x	—
Q1 23	0.2x	—
Q2 23	0.2x	—
Q3 23	0.2x	0.6x
Q4 23	0.3x	0.8x
Q4 25	0.6x	1.7x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 20	-$91M	-$94M
Q3 20	-$39M	-$42M
Q4 20	$227M	$195M
Q1 21	-$65M	-$68M
Q2 21	-$79M	-$82M
Q3 21	-$148M	-$153M
Q4 21	$415M	$375M
Q1 22	-$226M	-$238M
Q2 22	-$80M	-$85M
Q3 22	-$176M	-$182M
Q4 22	$95M	$56M
Q1 23	-$96M	-$102M
Q2 23	-$242M	-$253M
Q3 23	-$82M	-$89M
Q4 23	$163M	$156M
Q4 25	$218M	$203M

Capital Expenditures

Quarter	CapEx
Q2 20	$3M
Q3 20	$3M
Q4 20	$33M
Q1 21	$3M
Q2 21	$4M
Q3 21	$5M
Q4 21	$40M
Q1 22	$12M
Q2 22	$4M
Q3 22	$6M
Q4 22	$39M
Q1 23	$6M
Q2 23	$11M
Q3 23	$7M
Q4 23	$6M
Q4 25	$15M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 20	-4.0%	-7.1%
Q1 21	+3.6%	-3.1%
Q2 21	+6.0%	+7.0%
Q3 21	-3.7%	-5.3%
Q4 21	-4.2%	-8.2%
Q1 22	-12.1%	+0.6%
Q2 22	-9.7%	+1.4%
Q3 22	-15.4%	-12.5%
Q4 22	-8.6%	+0.1%
Q1 23	+3.4%	-5.8%
Q2 23	+8.3%	-1.8%
Q3 23	+16.4%	+12.6%
Q4 23	+7.0%	-2.9%
Q4 25	+28.7%	+13.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 20	$0	0.0%
Q3 20	$0	0.0%
Q4 20	$0	0.0%
Q1 21	$4M	0.4%
Q2 21	$5M	0.5%
Q3 21	$0	0.0%
Q4 21	$0	0.0%
Q1 22	$2M	0.2%
Q2 22	$0	0.0%
Q3 22	$0	0.0%
Q4 22	$0	0.0%
Q1 23	$0	0.0%
Q2 23	$800.0K	0.1%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	SG&A
Q2 20	$31M	$182M
Q3 20	$30M	$226M
Q4 20	$40M	$229M
Q1 21	$34M	$203M
Q2 21	$36M	$205M
Q3 21	$26M	$196M
Q4 21	$31M	$172M
Q1 22	$32M	$181M
Q2 22	$33M	$214M
Q3 22	$27M	$163M
Q4 22	$29M	$184M
Q1 23	$26M	$184M
Q2 23	$25M	$201M
Q3 23	$23M	—
Q4 23	$23M	$130M
Q4 25	$21M	$151M

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q2 20	—	7.7%	—
Q3 20	—	6.5%	—
Q4 20	-4.0%	10.0%	6.0
Q1 21	3.6%	8.8%	12.4
Q2 21	6.0%	5.0%	11.0
Q3 21	-3.7%	8.9%	5.1
Q4 21	-4.2%	7.4%	3.3
Q1 22	-12.1%	-6.2%	-18.3
Q2 22	-9.7%	-6.0%	-15.8
Q3 22	-15.4%	4.3%	-11.2
Q4 22	-8.6%	-4.7%	-13.3
Q1 23	3.4%	2.4%	5.9
Q2 23	8.3%	-65.1%	-56.9
Q3 23	16.4%	9.0%	25.4
Q4 23	7.0%	10.7%	17.7
Q4 25	28.7%	14.3%	43.0

Rule of 40

Revenue Segments

Quarter	Product	Service
Q1 21	$370M	$574M
Q4 22	$436M	$533M
Q1 23	$342M	$516M
Q4 25	$531M	$574M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$225M	$42M	$267M
Q2 22	$250M	$31M	$281M
Q3 22	$128M	$15M	$143M
Q4 22	$307M	$25M	$332M
Q1 23	$246M	$17M	$263M
Q2 23	$542M	$11M	$553M
Q3 23	$376M	$17M	$393M
Q4 23	$550M	$13M	$564M
Q1 24	$282M	$19M	$301M
Q2 24	$277M	$9M	$285M
Q3 24	$251M	$11M	$262M
Q4 24	$296M	$17M	$313M
Q1 25	$307M	$8M	$315M
Q2 25	$279M	$15M	$294M
Q3 25	$263M	$17M	$280M
Q4 25	$387M	$29M	$416M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 20	78M	+0.5%	—
Q3 20	78M	+0.1%	—
Q4 20	78M	0.0%	+1.2%
Q1 21	78M	+0.4%	+1.0%
Q2 21	78M	+0.4%	+0.9%
Q3 21	78M	0.0%	+0.8%
Q4 21	78M	+0.1%	+0.9%
Q1 22	79M	+0.4%	+0.9%
Q2 22	79M	+0.4%	+0.9%
Q3 22	79M	+0.1%	+1.0%
Q4 22	79M	0.0%	+0.9%
Q1 23	79M	+0.3%	+0.8%
Q2 23	80M	+0.9%	+1.3%
Q3 23	38M	-53.0%	-52.5%
Q4 23	38M	+0.1%	-52.5%
Q4 25	36M	-3.5%	-54.2%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 20	$40.5K	22K
Q3 20	$45.2K	22K
Q4 20	$50.3K	22K
Q1 21	$42.9K	22K
Q2 21	$42.9K	22K
Q3 21	$43.6K	22K
Q4 21	$48.2K	22K
Q1 22	$37.7K	22K
Q2 22	$38.7K	22K
Q3 22	$36.8K	22K
Q4 22	$46.1K	21K
Q1 23	$40.9K	21K
Q2 23	$43.9K	21K
Q3 23	$44.9K	21K
Q4 23	$49.4K	21K
Q4 25	$55.2K	20K

Revenue / Employee