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Diebold Nixdorf Inc (DBD)
NYSE:DBD
US Market
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EarningsQ2 2026 Earnings Report

Diebold Nixdorf Inc (DBD) Q2 2026 Earnings Report

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DBD Q2 2026 EPS Results

Actual EPS$1.10
Consensus EPS$1.10
Beat/MissMissed by -<$0.01
One Year Ago EPS$0.94

DBD Q2 2026 Revenue Results

Actual Revenue$930.80M
Expected Revenue$923.07M
Beat/MissBeat by +$7.73M
YoY Revenue Growth+1.70%

Earnings Announcement Details

QuarterQ2 2026
Date07/29/2026
TimeBefore Open
Conference CallWednesday, July 29, 2026
DBD Upcoming Earnings
Diebold Nixdorf Inc's next earnings date is estimated for November 5, 2026, based on past reporting schedules.

Q2 2026 Earnings Call Audio

DBD Q2 2026 Earnings Call
0:00 / 0:00

Q2 2026 Earnings Slide Deck

Q2 2026 Earnings Call Summary

Q2 2026
Earnings Call Date:Jul 29, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call conveyed constructive commercial momentum (record order entry, growing backlog, strong retail growth, margin recoveries in product, improved service performance and operational productivity) alongside manageable near-term headwinds (memory cost pressure, inventory build reducing free cash flow, discrete tax payments and some timing shifts in banking deployments). Management reaffirmed full-year guidance and laid out concrete actions to mitigate cost and supply issues, signaling confidence in a stronger second half and material free cash flow improvement in Q4.
Company Guidance
Diebold Nixdorf reaffirmed 2026 guidance with full‑year revenue of $3.86–$3.94 billion, adjusted EBITDA of $510–$535 million, free cash flow of $255–$270 million (excluding approximately $50 million of higher‑than‑expected tax payments related to 2024–2025), and adjusted EPS of $5.25–$5.75 with an effective tax rate of 35–40% (higher in Q3 vs Q4); management expects product gross margins to be comparable with prior year and service gross margins to improve up to 50 basis points. Quarterly cadence guidance: Q3 revenue ~25% of full year at the midpoint, Q3 gross margin about 25% (flat sequentially excluding the tariff refund), and Q3 adjusted EBITDA ~24% of full year at the midpoint, with Q3 free cash flow expected similar to Q2 due to elevated inventory and restructuring/divestiture payments; management expects a strong Q4 cash flow rebound driven by $100–$120 million of inventory reductions, other working capital improvements and annual customer service prepayments. Guidance is supported by an $814 million product backlog, the highest first‑half order entry in four years, and a Q2 liquidity position of over $590 million (cash $282M + $310M revolver) with net leverage ~1.4x; the company repurchased ~752,000 shares for ~$60 million under its $200 million program (≈$57 million remaining).
Order Momentum and Backlog
Order entry increased 3% year-over-year and 6% sequentially; first-half order entry was the highest in 4 years. Backlog grew sequentially to $814 million, providing visibility into the second half and supporting the full-year outlook.
Revenue Growth
Quarterly revenue was $928 million, up ~1% year-over-year and ~4% sequentially, driven by increasing retail demand offsetting timing of certain banking deployments.
Adjusted EBITDA and EPS Expansion
Adjusted EBITDA rose to $121 million (+8% year-over-year, +22% sequentially) with margin expanding to 13% (up 80 bps YoY). Adjusted earnings per share were $1.10, up 17% year-over-year and 64% sequentially.
Retail Outperformance
Retail revenue grew ~24% year-over-year and ~9% sequentially. Retail gross profit dollars increased ~15% YoY to $64 million, with both retail product and service delivering double-digit growth for the second consecutive quarter.
Banking Product Margin Strength
Banking product gross margin reached 36.8% (up 620 bps YoY and up 540 bps sequentially). Excluding the one-time tariff refund, banking product gross margin would have been 32.5% (up 190 bps YoY), establishing a new record for product gross margin.
Service Performance Improvements
Record service levels achieved for the second consecutive quarter in North America and globally. Service margins improved sequentially and management expects up to 50 bps of service margin expansion for the year.
Operational Productivity Gains from Lean
Operational improvements: Paderborn output increased 25% via flow manufacturing and added line without increasing operating costs; North Canton reduced dispatch times >50%, shortened receiving/shipping lead times by 2 days, and generated >$200k annual labor savings. Non-GAAP operating expenses declined ~4% YoY.
Commercial Wins and Product Traction
Notable wins include ~1,100 DN Series units in the U.K., 600 DN Series recyclers in Mexico, a full fleet replacement in South Africa, multiple large POS orders (>4,000 units in Germany, 1,600 in Romania), and 1,500 self-checkout lanes in the U.K. Smart Vision AI contracts add 1,400 lanes across two grocers.
Balance Sheet and Capital Return
Liquidity of >$590 million (cash $282 million + $310 million revolver) and net leverage 1.4x. Repurchased ~752,000 shares for $60 million under a $200 million program with ~$57 million remaining.
Guidance Reaffirmed
Full-year guidance reaffirmed: revenue $3.86B–$3.94B; adjusted EBITDA $510M–$535M; free cash flow $255M–$270M (excluding ~ $50M discrete tax payments); adjusted EPS $5.25–$5.75.

DBD Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Nov 05, 2026
2026 (Q3)
1.31 / -
1.39―
2026 (Q2)
1.10 / 1.10
0.9417.02% (+0.16)
2026 (Q1)
0.62 / 0.67
0.3781.08% (+0.30)
2025 (Q4)
1.61 / 3.02
0.97211.34% (+2.05)
2025 (Q3)
0.93 / 1.39
0.53162.26% (+0.86)
2025 (Q2)
0.58 / 0.94
1.15-18.26% (-0.21)
2025 (Q1)
0.36 / 0.37
1.2-69.17% (-0.83)
2024 (Q4)
1.05 / 0.97
0.7234.72% (+0.25)
2024 (Q3)
1.14 / 0.53
-2.86118.53% (+3.39)
2024 (Q2)
1.05 / 1.15
0.26342.31% (+0.89)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed