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Diebold Nixdorf releases Q4 2024 earnings
February 12, 2025
Diebold Nixdorf released its 2024 Q4 earnings report. It completed a debt refinancing in December 2024 and announced a $100 million share repurchase program during the fourth quarter of 2024, according to a press release.
Key data in the report include:
- GAAP gross profit of $920M and Non-GAAP of $948.3 million, up by 3.7% and 2.3% year-over-year.
- GAAP operating profit of $172.1 million down 25.8% year-over-year.
- Net income GAAP loss of $14.5 million.
- Non-GAAP free cash flow of $108.8 million.
"Our team delivered strong financial performance in 2024, driven by our meaningful operational improvements, continued disciplined approach to capital allocation and balance sheet management, as well as strong free cash flow generation — the highest we have generated in nearly 10 years. The progress we made enabled us to pay down $338 million of debt throughout the year and initiate a $100 million share repurchase program, underscoring our commitment to return significant value to our stockholders," Octavio Marquez, president and CEO, Diebold Nixdorf, said in the release.
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