Alex Neumann's questions to NCR Voyix Corp (VYX) leadership • Q2 2025
Question
Alex Neumann from Stephens Inc. asked for help in sizing the ARR and backlog from recent customer signings to better understand the outlook for future software revenue growth.
Answer
CEO James Kelly highlighted that software ARR has grown from ~$700M in 2023 to nearly $800M today and expects 'explosive growth' with the launch of the new Voyix POS. Retail President Darren Wilson and Restaurants President Benny Tadele added that the mix is shifting to recurring revenue and multifaceted deals that include high-value add-ons, which lifts overall ARR.