NYSE$DBD
Diebold Nixdorf Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Reported third quarter financial results
Diebold Nixdorf reported a decrease in total net sales by 3.7% year-over-year, primarily due to global supply chain and logistics issues. Despite solid market activity, $90 million of revenue modeled for the third quarter has been deferred to future periods. The company is revising its 2021 outlook, expecting total revenue of $3.90 billion to $3.95 billion.
- Continued growing demand for products and solutions amid a challenging global supply chain and inflationary environment.
- Strong Retail segment revenue, up more than 9% on a GAAP basis and up 7% on a constant currency basis, with continued growth in self-checkout (SCO) solutions.
- Ended the quarter with backlog up 19% over the third quarter last year, pointing to a solid foundation for future periods.
- Seeing some moderation of supply chain constraints that gives confidence for a strong fourth quarter and continued improvement in 2022.
Headline financials
Revenue & EPS history
Diebold Nixdorf · Revenue · Quarterly
$958M
Revenue by segment
Diebold Nixdorf · $915M total across 4 segments · Q2 2025
- Banking Services$407M—44.5%
- Banking Products$272M—29.7%
- Retail Services$135M—14.8%
- Retail Products$101M—11.0%
Forward guidance
The company now expects total revenue of $3.90 billion to $3.95 billion, which reflects approximately $120 million in revenue deferral from 2021 to 2022. Non-billable supply chain and sourced product inflation is estimated at approximately $26 million for the fourth quarter and approximately $45 million for all of 2021. Revised outlook for 2021 includes a $75 million unfavorable impact to 2021 gross margin from year-end revenue deferral and full-year inflationary pressures.
Tailwinds
- Continued to scale debit and credit platforms with Vynamic™ Payments offering at a top-10 global bank across 17,000+ ATMs.
- Awarded a large Managed Services agreement in North America with a Tier 1 financial institution, including a large order of DN Series ATMs.
- Expanded a relationship with a large, multi-country retailer in central Europe, which included a competitive takeaway with a rollout of SCO devices across 2,500 stores in 15 countries over the next three years.
- Secured a significant $16 million contract renewal with a large global petrol convenience retailer's Southeast Asia operations, including point-of-sale, help desk support, software and other solutions.
- Entered the electric vehicle (EV) charging station services business, a promising and rapidly growing market, with early customer wins.
Headwinds
- Approximately $120 million in revenue deferral from 2021 to 2022.
- Non-billable supply chain and sourced product inflation is estimated at approximately $26 million for the fourth quarter and approximately $45 million for all of 2021.
- Revised outlook for 2021 includes a $75 million unfavorable impact to 2021 gross margin from year-end revenue deferral and full-year inflationary pressures.
- Total net sales decreased 3.7%, or $37.0 million YoY, due to longer lead times resulting from global supply chain and logistics issues.
- Experienced $10 million of non-billable logistics inflation during the quarter.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 10 quarterly earnings reports
+0.4%
Avg return
Earnings day
+4.0%
Avg return
5 days after
+6.3%
Avg return
30 days after
50%
5 / 10 earnings
Positive
+12.4%
Q3 2025
Best reaction
-17.7%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| Q1 2026 | -7.4% | -6.5% | -2.8% | |
| Q4 2025 | +4.5% | +14.1% | +0.2% | |
| Q3 2025 | +12.4% | +15.6% | +16.2% | |
| Q1 2025 | -2.8% | +6.0% | +10.5% | |
| Q4 2024 | +6.8% | +5.9% | -3.1% | |
| Q3 2024 | -17.7% | -18.8% | -6.0% | |
| Q2 2024 | -3.0% | +5.5% | +10.6% | |
| Q1 2024 | -0.6% | -2.9% | -8.1% | |
| Q4 2023 | +2.5% | +2.1% | +0.7% | |
| Q3 2023 | +9.1% | +19.4% | +45.3% | |
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