Diebold Nixdorf makes and services ATMs and retail checkout systems, selling to two core customer groups: banks and retailers. In banking, the flagship product is the DN Series ATM, with a focus on cash recycling ATMs — machines that accept deposits and redispense cash, reducing the need for manual cash replenishment. Banking represents roughly 73% of revenue. In retail, Diebold Nixdorf sells self-checkout systems and electronic point-of-sale terminals, with particular strength in Europe, where 21 of the top 25 European retailers are customers. Retail is roughly 27% of revenue. Services — covering maintenance, installation, managed services, and fleet management — represent over 56% of total revenue and provide a recurring revenue base across the installed base. Diebold Nixdorf makes money three ways: one-time hardware sales, recurring service contracts, and software (the DN Vynamic platform). Cash recycling ATMs carry higher selling prices and higher service contract values than plain dispensers, so recycler mix is a key margin driver. The company emerged from bankruptcy in August 2023 and has since refinanced its debt and prioritized share buybacks. Growth strategy focuses on expanding branch automation in banking — bundling ATMs, teller recyclers, and cash management software — and building out a North American retail business, which has historically been an Europe-dominated segment.