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DIEBOLD NIXDORF, Inc

For the period ended Dec 31, 2025. Filed Feb 12, 2026.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 12, 2026

DBD$58.27-0.1%Stored close · as of Nov 6, 2026
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

For the fiscal year endedDecember 31, 2025
OR
☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from to

Commission file number 1-4879

Diebold Nixdorf, Incorporated

(Exact name of registrant as specified in its charter)

Delaware34-0183970
(State or other jurisdiction ofincorporation or organization)(I.R.S. Employer Identification No.)
350 Orchard Avenue NENorth CantonOhio44720-2556
(Address of principal executive offices)(Zip Code)

Registrants telephone number, including area code (330)490-4000

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading SymbolName of each exchange on which registered
Common Stock $0.01 Par Value Per ShareDBDNew York Stock Exchange

Securities registered pursuant to Section 12(g) of the Act: None

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒ No ☐

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Exchange Act. Yes ☐No ☒

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer", “accelerated filer,” “smaller reporting company” and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large Accelerated Filer☒Accelerated Filer☐Non-Accelerated Filer☐
Smaller Reporting Company☐Emerging Growth Company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.☒

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to § 240.10D-1(b). ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes ☐ No☒

The approximate aggregate market value of the voting and non-voting common equity held by non-affiliates as of June 30, 2025 was $1,062,492,335.

The number of common shares outstanding as of January 30, 2026 was 35,173,038.

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. Yes ☒ No ☐

DOCUMENTS INCORPORATED BY REFERENCE

Portions of Diebold Nixdorf, Incorporated's Proxy Statement for the 2026 Annual Meeting of Stockholders are incorporated by reference into Part III of this Form 10-K.

TABLE OF CONTENTS

Forward-Looking Statements Disclosure3
Business4
Management's Discussion and Analysis of Financial Condition and Results of Operations8
Overview8
Results of Operations8
Liquidity and Capital Resources9
Critical Accounting Policies11
Recently Issued Accounting Guidance12
Quantitative and Qualitative Disclosures About Market Risk12
Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities12
Cybersecurity13
Risk Factors14
Management and Auditor's Reports23
Financial Statements and Supplementary Data25
Statement of Financial Position25
Statement of Earnings (Loss)26
Statement of Cash Flows27
Statement of Comprehensive Income (Loss)28
Statement of Changes in Shareholders' Equity29
Note 1 Summary of Accounting Policies30
Note 2 Chapter 11 Cases and Dutch Scheme Proceedings33
Note 3 Earnings (Loss) Per Share33
Note 4 Share-Based Compensation34
Note 5 Income Taxes35
Note 6 Inventories40
Note 7 Property, Plant and Equipment and Operating Leases40
Note 8 Goodwill and Intangible Assets41
Note 9 Product Warranties42
Note 10 Restructuring43
Note 11 Debt43
Note 12 Shareholders' Equity45
Note 13 Benefit Plans45
Note 14 Finance Leases51
Note 15 Financial Instruments and Fair Value51
Note 16 Commitments and Contingencies52
Note 17 Revenue Recognition53
Note 18 Segment Information55
Other Information56
Exhibits and Financial Statement Schedules57
Signatures60
ContentsView on SEC.gov

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