Diebold Nixdorf (DBD) Earnings: Q3 2026 Results
Last updated November 2026
Short answer
Diebold Nixdorf reported revenue of $994 million for Q3 2026, up 5% from a year earlier (Diebold Nixdorf, Oct 28, 2026). Diluted EPS was $0.19, down 83% from $1.11. Banking brought in $698 million, up 1%. Every figure is from Diebold Nixdorf's release. Walnut is informational, not investment advice.
DBD Q3 2026 results
In one sentence
Diebold Nixdorf reported revenue of $994 million for Q3 2026, up 5% from a year earlier (Diebold Nixdorf, Oct 28, 2026).
| Measure | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $994 million | $945 million | up 5% |
| Diluted EPS (GAAP) | $0.19 | $1.11 | down 83% |
| Diluted EPS (adjusted (non-GAAP)) | $1.34 | $1.39 | down 4% |
| Net income | $6.6 million | $41.1 million | down 84% |
The quarter ended September 30, 2026 and Diebold Nixdorf published the results on October 28, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Diebold Nixdorf reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted (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.
- Diebold Nixdorf began winding down a non-core operation in Turkey in the first quarter of 2026. Its non-GAAP revenue of $990.9 million excludes that operation; the figures on this page are GAAP.
- GAAP results include a $16.9 million impairment of Diebold Nixdorf's investment in an unconsolidated Chinese subsidiary and $34.5 million of restructuring and other savings initiative expenses.
Source: Diebold Nixdorf Q3 2026 results, October 28, 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.
DBD revenue by segment
How Diebold Nixdorf 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.
| Net sales by segment | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Banking | $698 million | $690 million | up 1% |
| Services | $417 million | $402 million | up 4% |
| Products | $282 million | $288 million | down 2% |
| Retail | $296 million | $255 million | up 16% |
| Services | $149 million | $142 million | up 4% |
| Products | $148 million | $113 million | up 31% |
- Diebold Nixdorf's Banking revenue was $698 million in Q3 2026, up 1% from $690 million in Q3 2025, 70% of total revenue.
- Diebold Nixdorf's Retail revenue was $296 million in Q3 2026, up 16% from $255 million in Q3 2025, 30% 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.
Diebold Nixdorf's outlook for full year 2026
From the earnings release
Diebold Nixdorf's current full-year 2026 guidance table: total revenue (non-GAAP, excluding a non-core Turkey entity) $3.86 billion to $3.90 billion, adjusted EBITDA $490 million to $510 million, free cash flow $190 million to $210 million and adjusted EPS $4.50 to $4.85. The prior guidance was $3.86 billion to $3.94 billion, $510 million to $535 million, $255 million to $270 million and $5.25 to $5.75.
In its Q3 2026 release, Diebold Nixdorf said:
“The company is narrowing its revenue outlook while adjusted EBITDA expectations now reflect product mix and cost pressures in raw materials, partially offset by ongoing productivity improvements and operating expense discipline.”
“The revised free cash flow outlook reflects the combined impact of lower expected earnings and working capital requirements.”
Source: Diebold Nixdorf Q3 2026 release, Oct 28, 2026.
This is the company's own guidance as of Oct 28, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the DBD forecast page.
DBD recent quarters
Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.
| Quarter | Revenue | Diluted EPS | Reported |
|---|---|---|---|
ended Sep 30, 2026 | $994 million | $0.19 | Oct 28, 2026 |
Q2 2026 ended Jun 30, 2026 | $931 million | $0.44 | Jul 29, 2026 |
Q1 2026 ended Mar 31, 2026 | $892 million | $0.14 | Apr 30, 2026 |
Q4 2025 ended Dec 31, 2025 | $1,104 million | $1.37 | Feb 12, 2026 |
Q3 2025 ended Sep 30, 2025 | $945 million | $1.11 | Nov 5, 2025 |
GAAP net sales and diluted EPS attributable to Diebold Nixdorf, each as first reported in that quarter's release.
When does DBD report earnings next?
We do not hold a confirmed date for Diebold Nixdorf's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.
Past Diebold Nixdorf quarterly reports
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 Oct 28, 2026
What Diebold Nixdorf's revenue is made of
Diebold Nixdorf reports two segments, Banking and Retail, and sells services, software and products in both. In Q3 2026 Banking had net sales of $698.2 million against $690.2 million, and Retail $296.1 million against $255.0 million. Banking was 70.2% of total net sales, down from 73.0% a year earlier, and Retail 29.8%, up from 27.0%. (Diebold Nixdorf Q3 2026 release, Oct 28, 2026; Diebold Nixdorf Form 10-Q, Q3 2026, Oct 28, 2026)
Diebold Nixdorf's 10-K says nearly two-thirds of the world's top 100 financial institutions use its Banking solutions, which include ATMs, cash recyclers, branch automation and installation, maintenance and managed services. Its Retail clients include 21 of the top 25 European retailers and seven of the top ten Global Fortune 500 petroleum companies, and services is the largest revenue-generating area of the business. (Diebold Nixdorf Form 10-K, 2025, Feb 12, 2026)
Diebold Nixdorf's Banking net sales rose by $8.0 million. The 10-Q credits growth in North America, Latin America and Europe, partly offset by lower product volumes in the Middle East and parts of Southeast Asia, where several large orders from the prior year did not recur. Banking product sales fell to $281.7 million from $288.2 million while Banking services rose to $416.5 million from $402.0 million. (Diebold Nixdorf Form 10-Q, Q3 2026, Oct 28, 2026; Diebold Nixdorf Q3 2026 release, Oct 28, 2026)
Diebold Nixdorf's Retail net sales rose by $41.1 million, which the 10-Q puts down mainly to higher electronic point-of-sale and self-checkout volumes, principally in Europe. Retail product sales were $147.6 million, up from $112.8 million. In the release Diebold Nixdorf named a North America regional grocer win for about 1,200 point-of-sale lanes across 200 stores and a European order to refresh 6,000 self-checkout units. (Diebold Nixdorf Form 10-Q, Q3 2026, Oct 28, 2026; Diebold Nixdorf Q3 2026 release, Oct 28, 2026)
Across both segments, Diebold Nixdorf's services revenue was $565.0 million and product revenue $429.3 million. Services gross margin rose to 26.9% from 25.0%, while product gross margin fell 510 basis points to 22.2%. The 10-Q attributes the product decline to elevated memory costs, an unfavorable regional mix of Banking product sales and a higher share of electronic point-of-sale sales, partly offset by $10.0 million of tariff recoveries and customer pricing actions. (Diebold Nixdorf Q3 2026 release, Oct 28, 2026; Diebold Nixdorf Form 10-Q, Q3 2026, Oct 28, 2026)
What Diebold Nixdorf's EPS includes
Diebold Nixdorf's GAAP diluted EPS was $0.19, against $1.11 a year earlier, while adjusted EPS was $1.34 against $1.39. The largest items between the two were $34.5 million of restructuring and other savings initiative expenses ($1.00 a share) and a $16.9 million impairment of an unconsolidated subsidiary ($0.49 a share), less a $0.52 tax effect on the adjustments. (Diebold Nixdorf Q3 2026 release, Oct 28, 2026)
Diebold Nixdorf's effective tax rate was 36.6%, against 18.3% a year earlier. The quarter included a $19.2 million release of a valuation allowance on deferred tax assets in Brazil, mostly offset by $9.0 million of provision to return adjustments. Interest expense rose to $26.7 million from $21.8 million. (Diebold Nixdorf Form 10-Q, Q3 2026, Oct 28, 2026; Diebold Nixdorf Q3 2026 release, Oct 28, 2026)
Diebold Nixdorf's diluted weighted-average shares fell to 34.6 million from 37.0 million. It bought back 432,547 shares for $33.5 million in the third quarter and 1,930,805 shares for $148.6 million over the first nine months, and on October 28, 2026 its board approved a new $250.0 million repurchase program. (Diebold Nixdorf Q3 2026 release, Oct 28, 2026; Diebold Nixdorf Form 10-Q, Q3 2026, Oct 28, 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.
Consensus and guidance at Diebold Nixdorf
Diebold Nixdorf gives a full-year outlook in its release and updated it with the Q3 2026 report. It now expects non-GAAP revenue of $3.86 billion to $3.90 billion (previously $3.86 billion to $3.94 billion), adjusted EBITDA of $490 million to $510 million (previously $510 million to $535 million), free cash flow of $190 million to $210 million (previously $255 million to $270 million) and adjusted EPS of $4.50 to $4.85 (previously $5.25 to $5.75). It cited product mix and raw material cost pressures. (Diebold Nixdorf Q3 2026 release, Oct 28, 2026)
Diebold Nixdorf's free cash flow outlook excludes about $50 million of German cash taxes paid in 2026 for the 2024 and 2025 tax years. Having used up its German net operating loss carryforward, it now expects to be a cash taxpayer in Germany. (Diebold Nixdorf Q3 2026 release, Oct 28, 2026)
A consensus figure is the average of the models published by the analysts who cover Diebold Nixdorf, 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 numbers analysts watch at Diebold Nixdorf
The figures below are the ones Diebold Nixdorf's own release and filings put weight on for Q3 2026, with the latest reported value for each.
| Metric | Latest reported |
|---|---|
| Retail net sales | $296.1 million, up 16% from $255.0 million Diebold Nixdorf Q3 2026 release, Oct 28, 2026 |
| Adjusted EBITDA | $127.8 million, against $121.9 million 12.9% of revenue in both periods Diebold Nixdorf Q3 2026 release, Oct 28, 2026 |
| Product gross margin (GAAP) | 22.2%, down from 27.3% Banking products 26.4%, Retail products 14.2% Diebold Nixdorf Q3 2026 release, Oct 28, 2026 |
| Services gross margin (GAAP) | 26.9%, up from 25.0% Diebold Nixdorf Q3 2026 release, Oct 28, 2026 |
| Free cash flow | A use of $45.9 million in the quarter Excludes discrete tax payments; Diebold Nixdorf cited the timing of a VAT refund and working capital Diebold Nixdorf Q3 2026 release, Oct 28, 2026 |
| Net debt | $791.5 million at September 30, 2026 Against $554.3 million at December 31, 2025 Diebold Nixdorf Q3 2026 release, Oct 28, 2026 |
What the quarter means for a holding is a separate question from what it reported. The case for and against owning DBD is on is DBD a buy or a sell?, what analysts expect next is on the DBD forecast, and what the company does is on the Diebold Nixdorf (DBD) stock page.
How to check DBD's figures yourself
Every number on this page can be traced to a document Diebold Nixdorf 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.
Your questions about Diebold Nixdorf
Ask Walnut's AI anything about DBD and see how it fits what you own.
FAQ
What was Diebold Nixdorf's revenue last quarter?
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Diebold Nixdorf reported revenue of $994 million for Q3 2026, the quarter ended September 30, 2026, against $945 million in Q3 2025 (up 5%). The figures come from Diebold Nixdorf's results release of October 28, 2026.
What guidance did Diebold Nixdorf give for full year 2026?
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Diebold Nixdorf's current full-year 2026 guidance table: total revenue (non-GAAP, excluding a non-core Turkey entity) $3.86 billion to $3.90 billion, adjusted EBITDA $490 million to $510 million, free cash flow $190 million to $210 million and adjusted EPS $4.50 to $4.85. The prior guidance was $3.86 billion to $3.94 billion, $510 million to $535 million, $255 million to $270 million and $5.25 to $5.75. In its Q3 2026 release, Diebold Nixdorf said: "The company is narrowing its revenue outlook while adjusted EBITDA expectations now reflect product mix and cost pressures in raw materials, partially offset by ongoing productivity improvements and operating expense discipline. The revised free cash flow outlook reflects the combined impact of lower expected earnings and working capital requirements." That is the company's own outlook as of Oct 28, 2026, and companies revise outlooks as the quarter goes on.
When does DBD report earnings next?
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We do not hold a confirmed date for Diebold Nixdorf's next report. Companies announce the date on their investor relations site a few weeks ahead, usually with the time of the call.
Where does Diebold Nixdorf's revenue come from?
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Diebold Nixdorf's Banking revenue was $698 million in Q3 2026, up 1% from $690 million in Q3 2025, 70% of total revenue. Diebold Nixdorf's Retail revenue was $296 million in Q3 2026, up 16% from $255 million in Q3 2025, 30% of total revenue. These are the lines of Diebold Nixdorf's own "net sales by segment" table for Q3 2026.
How much did Diebold Nixdorf's revenue grow last quarter?
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Up 5% on the year: $994 million in Q3 2026 against $945 million in Q3 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in Diebold Nixdorf's business do not distort it.
What is the difference between Diebold Nixdorf's GAAP and adjusted (non-GAAP) EPS?
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GAAP EPS follows US accounting rules and is the figure in the audited statements. Diebold Nixdorf's adjusted (non-GAAP) EPS starts from it and removes items the company considers outside its operating results; the release lists each adjustment in a reconciliation table. For Q3 2026 the two were $0.19 and $1.34. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.
Where do the DBD numbers on this page come from?
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From Diebold Nixdorf's own results release and its Form 10-Q for the quarter ended September 30, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.
Walnut is informational, not investment advice. Reported figures are copied from Diebold Nixdorf's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.