The Brink's Company (BCO) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Brink's published the results on November 4, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Brink's reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Brink's deconsolidated its Malaysia operations effective July 1, 2026, which lowered reported revenue in Rest of World.
• Brink's agreed on February 26, 2026 to acquire NCR Atleos for an estimated purchase price of approximately $4 billion, and now expects the deal to close in early January 2027.
• Brink's first reported Q3 2025 non-GAAP EPS as $2.08; its Q3 2026 materials show the year-ago figure as $2.09.

Source: Brink's Q3 2026 results, November 4, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Brink's splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Brink's's North America revenue was $440 million in Q3 2026, up 1% from $435 million in Q3 2025, 32% of total revenue.
• Brink's's Latin America revenue was $354 million in Q3 2026, up 8% from $327 million in Q3 2025, 26% of total revenue.
• Brink's's Europe revenue was $380 million in Q3 2026, up 1% from $375 million in Q3 2025, 28% of total revenue.
• Brink's's Rest of World revenue was $200 million in Q3 2026, up 1% from $198 million in Q3 2025, 15% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

Brink's gives its Q4 2026 guidance as a table: revenue of $1,365 million to $1,415 million, non-GAAP adjusted EBITDA of $275 million to $295 million and non-GAAP EPS of $2.45 to $2.80. Its 2026 framework calls for mid-single-digit organic revenue growth, mid-to-high teens AMS/DRS organic growth, 30-50bps of adjusted EBITDA margin expansion and 40-45% free cash flow conversion.

In its Q3 2026 release, Brink's said:

“Heading into the fourth quarter, customer demand for our solutions remains healthy, and we remain firmly committed to our full-year framework.”

“Revenue guidance is presented in accordance with GAAP.”

Source: Brink's Q3 2026 release, Nov 4, 2026.

This is the company's own guidance as of Nov 4, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the BCO forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP revenues and diluted EPS attributable to Brink's, each as first reported in that quarter's release.

We do not hold a confirmed date for Brink's's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 4, 2026

Brink's revenues rose 3% to $1,374.6 million in Q3 2026 from $1,335.0 million, and 4% on an organic basis. North America was the largest segment at $439.9 million, followed by Europe at $380.3 million, Latin America at $354.4 million and Rest of World at $200.0 million. Brink's operates in 51 countries and serves customers in more than 100. (Brink's Q3 2026 release, Nov 4, 2026)

Brink's groups its services into cash and valuables management (CVM), which includes cash-in-transit, basic ATM services and Brink's Global Services, and the faster-growing ATM managed services (AMS) and digital retail solutions (DRS). AMS/DRS organic growth was over 16% in the quarter. Its supplemental materials show organic AMS and DRS revenue adding $62 million while organic CVM revenue fell $14 million. (Brink's Form 10-Q, Q3 2026, Nov 4, 2026; Brink's Q3 2026 release, Nov 4, 2026; Brink's Q3 2026 earnings presentation, Nov 4, 2026)

Revenue rose $39.6 million in total. Organic increases came from Rest of World ($28.0 million), Europe ($8.0 million), Latin America ($6.2 million) and North America ($5.7 million), and currency added $15.1 million, mainly from the Mexican peso, Colombian peso and Brazilian real. A net $23.4 million came off, mainly because Brink's deconsolidated its Malaysia operations. Brink's credited organic growth to AMS and DRS, inflation-based price increases and BGS revenue. (Brink's Form 10-Q, Q3 2026, Nov 4, 2026)

AMS/DRS was 47% of revenue in Europe, 34% in North America, 27% in Latin America and 9% in Rest of World in Q3 2026, according to Brink's supplemental materials. (Brink's Q3 2026 earnings presentation, Nov 4, 2026)

Brink's GAAP diluted EPS fell 59% to $0.35 in Q3 2026, while non-GAAP EPS rose 18% to $2.46. Net income attributable to Brink's was $14.5 million, against $36.3 million. GAAP operating profit fell 14% to $131 million and non-GAAP operating profit rose 11% to $208 million. (Brink's Q3 2026 release, Nov 4, 2026; Brink's Form 10-Q, Q3 2026, Nov 4, 2026; Brink's Q3 2026 earnings presentation, Nov 4, 2026)

The gap is items Brink's excludes from non-GAAP results: $45.7 million of NCR Atleos acquisition and transformation costs in the quarter, $26.6 million of incident-related losses, $4.1 million for DOJ/FinCEN investigations and $2.0 million from Argentina's highly inflationary accounting. The incident-related losses over the first nine months were $19.6 million from a September 2026 precious metals robbery in global services and $7.0 million from flooding at a North America warehouse. (Brink's Q3 2026 release, Nov 4, 2026)

The effective tax rate on continuing operations was 58.8% in Q3 2026, against 58.6% a year earlier, which Brink's attributes to the geographic mix of earnings, book losses with no tax benefit, nondeductible expenses in Mexico and taxes on cross-border payments. Diluted weighted average shares were 41.5 million, against 42.1 million, and Brink's paid a dividend of $0.2550 per share. (Brink's Form 10-Q, Q3 2026, Nov 4, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Brink's gives quarterly guidance in its release in addition to a full-year framework, which it says it added in 2026 to clarify currency effects. For Q4 2026 it guides revenue of $1,365 million to $1,415 million, adjusted EBITDA of $275 million to $295 million and non-GAAP EPS of $2.45 to $2.80. The 2026 framework calls for mid-single-digit organic revenue growth and mid-to-high teens AMS/DRS organic growth. (Brink's Q3 2026 release, Nov 4, 2026)

Brink's says the Q4 guidance cannot be reconciled to GAAP without unreasonable effort, because of Argentina's highly inflationary accounting and possible M&A expenses. The NCR Atleos acquisition is now expected to close in early January 2027, and Brink's said it has identified opportunities that increase confidence in its $200 million synergy target. (Brink's Q3 2026 release, Nov 4, 2026)

A consensus figure is the average of the models published by the analysts who cover Brink's, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Brink's's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning BCO is on is BCO a buy or a sell?, what analysts expect next is on the BCO forecast, and what the company does is on the The Brink's Company (BCO) stock page.

Every number on this page can be traced to a document Brink's published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.