Diebold Nixdorf (DBD) financial statements
Diebold Nixdorf reported revenue of $3.8B in fiscal 2025, up 5.2% a year over 9 years.
Net income was $95M and the operating margin 6.4%, against 2.4% in 2015.
Free cash flow was $239M, and the company returned $131M in net buybacks.
The diluted share count fell 43% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Diebold Nixdorf's 10-K filings with the SEC.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.4B | $3.3B | $4.6B | $4.6B | $4.4B | $3.9B | $3.9B | $3.5B | $3.8B | $3.8B |
| Cost of revenue | $1.8B | $2.6B | $3.6B | $3.7B | $3.3B | $2.9B | $2.9B | $2.7B | $2.8B | $2.8B |
| Gross profit | $652M | $712M | $1000M | $899M | $1.1B | $1.0B | $1.0B | $757M | $920M | $961M |
| Research and development | $87M | $110M | $156M | $157M | $147M | $133M | $126M | $121M | $94M | $87M |
| Selling, general and admin | $488M | $761M | $934M | $894M | $909M | $859M | $776M | $742M | $644M | $632M |
| Operating income | $59M | -$170M | -$94M | -$326M | -$27M | $24M | $137M | -$212M | $182M | $242M |
| Interest expense | $32M | $101M | $117M | $155M | $203M | $267M | $195M | $199M | $155M | $86M |
| Pre-tax income | $46M | -$249M | -$192M | -$478M | -$229M | -$270M | -$51M | -$439M | $47M | $125M |
| Income tax | -$14M | -$69M | $28M | $37M | $117M | -$1M | $28M | $149M | $64M | $24M |
| Net income | $74M | -$42M | -$242M | -$531M | -$341M | -$269M | -$79M | -$581M | -$16M | $95M |
| EPS (diluted) | $1.12 | -$0.60 | -$3.20 | -$7.48 | -$4.45 | -$3.47 | -$1.01 | -$7.36 | -$0.44 | $2.54 |
| Diluted shares | 66M | 69M | 76M | 76M | 77M | 78M | 78M | 79M | 38M | 37M |
| Gross margin | 26.9% | 21.5% | 21.7% | 19.6% | 24.2% | 26.5% | 26.7% | 21.9% | 24.5% | 25.3% |
| Operating margin | 2.4% | -5.1% | -2.0% | -7.1% | -0.6% | 0.6% | 3.5% | -6.1% | 4.9% | 6.4% |
| Net margin | 3.0% | -1.3% | -5.2% | -11.6% | -7.7% | -6.9% | -2.0% | -16.8% | -0.4% | 2.5% |
Balance sheet
Fiscal years, from Diebold Nixdorf's 10-K filings with the SEC.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $354M | $717M | $617M | $492M | $291M | $362M | $423M | $332M | $313M | $398M |
| Receivables | $414M | $836M | $828M | $737M | $619M | $647M | $595M | $612M | $588M | $609M |
| Inventory | $369M | $738M | $714M | $610M | $466M | $498M | $544M | $588M | $528M | $521M |
| Total current assets | $1.6B | $2.6B | $2.5B | $2.2B | $1.9B | $1.9B | $1.9B | $1.8B | $1.7B | $1.8B |
| Property, plant and equipment | $175M | $387M | $364M | $304M | $232M | $178M | $138M | $121M | $128M | — |
| Goodwill | $162M | $998M | $1.0B | $798M | $764M | $800M | $744M | $702M | $586M | $642M |
| Total assets | $2.2B | $5.3B | $5.2B | $4.3B | $3.8B | $3.7B | $3.5B | $3.1B | $3.5B | $3.9B |
| Total current liabilities | $956M | $1.8B | $1.8B | $1.6B | $1.6B | $1.6B | $1.7B | $1.6B | $1.3B | $1.4B |
| Long-term debt | $606M | $1.7B | $1.8B | $2.2B | $2.1B | $2.3B | $2.2B | $2.6B | $927M | $938M |
| Total liabilities | $1.8B | $4.3B | $4.7B | $4.4B | $4.3B | $4.5B | $4.3B | $4.4B | $2.6B | $2.7B |
| Shareholders' equity | $412M | $589M | $446M | -$150M | -$530M | -$827M | -$845M | -$1.4B | $930M | $1.1B |
| Net debt | $293M | $1.0B | $1.3B | $1.7B | $1.8B | $2.0B | $1.9B | $2.3B | $631M | $570M |
Cash flow
Fiscal years, from Diebold Nixdorf's 10-K filings with the SEC.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $37M | $29M | $37M | -$104M | $136M | $18M | $123M | -$388M | $149M | $301M |
| Capital spending | $52M | $40M | $69M | $88M | $66M | $45M | $51M | $53M | $40M | $62M |
| Free cash flow | -$15M | -$11M | -$32M | -$192M | $70M | -$27M | $72M | -$441M | $109M | $239M |
| Stock-based compensation | $12M | $22M | $34M | $37M | $24M | $15M | $14M | $13M | $10M | $12M |
| Dividends paid | $76M | $65M | $31M | $8M | $0 | $0 | — | — | — | — |
| Share buybacks (net) | -$3M | -$2M | -$5M | -$3M | -$2M | -$7M | -$8M | -$8M | $0 | -$131M |
| Net borrowing | — | — | — | — | — | — | $0 | $0 | -$300M | — |
| Free cash flow margin | -0.6% | -0.3% | -0.7% | -4.2% | 1.6% | -0.7% | 1.8% | -12.7% | 2.9% | 6.3% |
| Dividends per share | $1.15 | $0.93 | $0.41 | $0.10 | — | — | — | — | — | — |
Questions
What was Diebold Nixdorf's revenue in 2025?
$3.8B in fiscal 2025, from its 10-K filing.
How much free cash flow does Diebold Nixdorf generate?
$239M in fiscal 2025 (operating cash flow minus capital spending).
From Diebold Nixdorf's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.