Brink's second quarter is the moment the digital retail solutions (DRS) and ATM managed services (AMS) business stopped being a side bet inside a cash-handling company. Organic revenue grew 4% on a constant-currency basis - modest in headline terms - but the DRS-and-AMS line ran at roughly +17% on a reported basis and delivered the 14th consecutive quarter of mid-teens or greater organic growth. Adjusted EBITDA reached $257 million (an 18.5% margin, +70 basis points YoY) and non-GAAP EPS of $2.13 rose 18% from a year ago, both records. Operating profit margin compressed on the GAAP line to 9.6% - but that compression is the transaction cost of the $4 billion NCR Atleos acquisition (signed 26 February 2026), which Brink's now expects to close early in the first quarter of 2027 after securing regulatory clearance in the United States, Brazil, and India. The market's question for the second half is not whether the underlying business is healthy; it is whether the deal closes on the new timeline and whether the $200 million in run-rate synergies lands intact.