The Brink's Co

Latest Results (17.05.2026):

The Brink's Company (The Brink's Co) — fourth quarter 2025: Brink’s reported a strong finish to 2025 with fourth‑quarter revenue of $1.379 billion (up 9% vs. Q4 2024; organic +5%) and full‑year revenue of $5.261 billion (up 5%). The company delivered meaningful margin and cash improvement driven by faster growth in AMS/DRS, record cash generation, lower leverage and continued shareholder returns.

4Q 2025 — Top-line and profitability

Fourth‑quarter 2025 revenue $1.379B (+9% YoY); GAAP operating profit $180M (+72%) with GAAP operating margin 13.1% (up 480 bps); Adjusted EBITDA for the quarter $277M (+10%); GAAP net income $68M (+77%); GAAP EPS $1.62 and non‑GAAP EPS $2.54.

Full‑year 2025 — Annual results

Full‑year revenue $5.261B (+5%); adjusted EBITDA $977M (+7%) and adjusted EBITDA margin expanded 40 bps to ~18.6%; GAAP net income ~$200M (+23%); GAAP EPS $4.70 and non‑GAAP EPS $8.05.

Cash generation & leverage

Record 2025 cash from operations of $640M and free cash flow of ~$436M (free cash flow conversion ~45%, at the top end of guidance). Brink’s returned over $250M to shareholders (dividends + repurchases) and reduced net debt leverage to 2.7x adjusted EBITDA.

AMS / DRS momentum

Digital retail solutions (DRS) and ATM managed services (AMS) accelerated sharply — fourth‑quarter AMS/DRS organic revenue growth was 22% — driving mix shift, EBITDA margin expansion and higher recurring revenue contribution.

Segment performance

North America and Europe posted record margin performance as AMS/DRS penetration and productivity initiatives matured. 4Q segment revenues: North America $456M, Europe $377M, Latin America $336M, Rest of World $210M.

2026 outlook and Q1 guidance

2026 non‑GAAP framework: mid‑single‑digit organic revenue growth, AMS/DRS mid‑to‑high‑teens organic growth, adjusted EBITDA margin expansion of 30–50 bps and free cash flow conversion 40–45%. Q1 2026 non‑GAAP guidance: revenue $1,335–$1,395M; adjusted EBITDA $220–$240M; non‑GAAP EPS $1.50–$1.90.