Financial Analysis

Other Commitments and Contingencies At the end of the fourth quarter of 2018, we became aware of an investigation initiated by the Chilean Fiscalia Nacional Economica (the Chilean antitrust agency) (FNE) related to potential anti-competitive practices among competitors in the cash logistics industry in Chile. In October 2021, the FNE filed a complaint before the Chilean antitrust court alleging that Brinks Chile (as well as competitor companies) engaged in collusion in 2017 and 2018 and requested that the court approve a fine of $30.5 million. The Company filed its response to the complaint in November 2022, which signaled the beginning of the evidentiary phase. The Company intends to vigorously defend itself against the FNE's complaint. Based on available information to date, the Company recorded a charge of $9.5 million in the third quarter of 2021 in connection with this matter. After the third quarter of 2021, all adjustments to the contingent liability have resulted primarily from changes in currency rates. In addition to the matter discussed above, we are involved in various other lawsuits and claims in the ordinary course of business. We are not able to estimate the loss or range of losses for some of these matters. We have recorded accruals for losses that are considered probable and reasonably estimable. Except as otherwise noted, we do not believe that it is reasonably possible the ultimate disposition of any of the legal matters currently pending against the Compan …

CommitmentsAndContingenciesDisclosureTextBlock · excerpt; the full note is in the filing

"Debt December 31, (In millions) 2025 2024 Debt: Short-term borrowings Other (year end weighted average interest rate of 4.9% in 2025 and 6.5% in 2024) $ 241.1 149.3 Total short-term borrowings $ 241.1 149.3 Long-term debt Bank credit facilities: Term loans (year-end weighted average interest rate of 5.4% in 2025 and 6.2% in 2024) less unamortized issuance cost of $1.7 million in 2025 and $2.8 million in 2024 $ 1,223.3 1,292.2 Senior unsecured notes (year-end effective interest rate of 4.6% for ""2027 Senior Unsecured Notes"", 6.5% for ""2029 Senior Unsecured Notes"" and 6.8% for ""2032 Senior Unsecured Notes"" respectively in 2025 and 2024) less unamortized issuance cost of $9.6 million in 2025 and $12.2 million in 2024 1,390.4 1,387.8 Revolving Credit Facility (year-end weighted average interest rate of 5.5% in 2025 and 6.2% in 2024) 420.0 399.7 Other facilities (year-end weighted-average interest rate of 4.3% in 2025 and 5.8% in 2024) (a) 669.1 432.1 Financing leases (year-end weighted-average interest rate of 7.1% in 2025 and 6.7% in 2024) 270.4 235.1 Total long-term debt $ 3,973.2 3,746.9 Total Debt $ 4,214.3 3,896.2 Included in: Current liabilities $ 404.2 291.0 Noncurrent liabilities 3,810.1 3,605.2 Total debt $ 4,214.3 3,896.2 (a) Includes Other Revolving Credit Facilities of $557 million at December 31, 2025 and $359 million at December 31, 2024. Long-Term Debt Senior Secured Credit Facility In June 2022, we amended our senior secured credit facility (the Senior Secu …

DebtDisclosureTextBlock · excerpt; the full note is in the filing

Revenue Disaggregated by Reportable Segment and Type of Service (In millions) Cash and Valuables Management DRS and AMS Total Twelve months ended December 31, 2025 Reportable Segments: North America $ 1,208.9 533.7 1,742.6 Latin America 1,035.1 254.5 1,289.6 Europe 818.2 611.3 1,429.5 Rest of World 736.9 62.6 799.5 Total reportable segments $ 3,799.1 1,462.1 5,261.2 Twelve months ended December 31, 2024 Reportable Segments: North America $ 1,207.0 442.7 1,649.7 Latin America 1,095.5 215.5 1,311.0 Europe 803.7 501.3 1,305.0 Rest of World 694.2 52.0 746.2 Total reportable segments $ 3,800.4 1,211.5 5,011.9 Twelve months ended December 31, 2023 Reportable Segments: North America $ 1,216.8 384.3 1,601.1 Latin America 1,149.1 183.2 1,332.3 Europe 800.4 413.2 1,213.6 Rest of World 696.4 31.2 727.6 Total reportable segments $ 3,862.7 1,011.9 4,874.6

DisaggregationOfRevenueTableTextBlock

"Share-Based Compensation Plans We have share-based compensation plans to attract and retain employees and non-employee directors and to more closely align their interests with those of our shareholders. We have outstanding share-based awards granted to employees under the 2017 Equity Incentive Plan (the ""2017 Plan"") and under the 2024 Equity Incentive Plan (the ""2024 Plan""). The 2017 Plan and the 2024 Plan permit grants of restricted stock, restricted stock units, performance stock, performance stock units, stock appreciation rights, and stock options, as well as other share-based awards to eligible employees. The 2017 Plan and the 2024 Plan also permit cash awards to eligible employees. The 2017 Plan became effective May 2017. The 2024 Plan became effective May 2024. During the first quarter ended March 31, 2023, the remaining outstanding awards granted under the 2013 Equity Incentive Plan (the ""2013 Plan"") were fully exercised. No further grants of awards will be made under the 2013 Plan or the 2017 Plan. We also have outstanding deferred stock units granted to directors under the 2017 Plan and the 2024 Plan. Share-based awards were previously granted to directors and remain outstanding under the Non-Employee Directors Equity Plan and the Directors Stock Accumulation Plan, each of which has expired. There are 2.6 million shares underlying share-based plans that are authorized, but not yet granted. Outstanding awards at December 31, 2025, include performance stock uni …

DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock · excerpt; the full note is in the filing

Goodwill and Other Intangible Assets Goodwill Based on our management structure, we have four reporting units, which are equal to our operating segments: North America Latin America Europe Rest of World We performed a goodwill impairment test on these reporting units as of October 1, 2025 and performed a qualitative assessment to determine whether it was more likely than not that the fair value of each reporting units were less than their carrying values. Factors considered in the qualitative assessment included, among other things, macroeconomic conditions, industry and market conditions, financial performance of the reporting unit, and other relevant entity and reporting unit considerations. We concluded the estimated fair value of each reporting unit was greater than the carrying value of equity as of our testing date. As a result of the evaluation, we concluded that goodwill was not impaired. We completed these goodwill impairment tests, as well as the tests in the previous two years, with no impairment charges required. The changes in the carrying amount of goodwill by operating segment for the years ended December 31, 2025 and 2024 are as follows: December 31, 2025 (In millions) Beginning Balance Acquisitions/ Dispositions Segment Reallocation (a) Currency Ending Balance Goodwill: North America $ 486.5 0.3 486.8 Latin America 208.5 0.9 12.8 222.2 Europe 348.1 8.0 36.3 41.5 433.9 Rest of World 391.8 (36.3) 16.9 372.4 Total Goodwill $ 1,434.9 8.9 71.5 1,515.3 (a) Operatio …

GoodwillAndIntangibleAssetsDisclosureTextBlock · excerpt; the full note is in the filing

Income Taxes Years Ended December 31, (In millions) 2025 2024 2023 Income (loss) from continuing operations before income taxes U.S. $ 71.6 (39.3) 1.8 Foreign 282.3 305.6 234.0 Income from continuing operations before income taxes $ 353.9 266.3 235.8 Provision (benefit) for income taxes from continuing operations Current tax expense (benefit) U.S. federal $ 3.7 1.0 2.7 State 5.4 3.4 4.0 Foreign 112.9 106.3 109.8 Current tax expense 122.0 110.7 116.5 Deferred tax expense (benefit) U.S. federal $ 10.6 (25.0) 30.4 State 0.5 1.4 (4.0) Foreign 10.2 5.6 (3.7) Deferred tax expense (benefit) 21.3 (18.0) 22.7 Total Income tax expense (benefit) U.S. federal $ 14.3 (24.0) 33.1 State 5.9 4.8 Foreign 123.1 111.9 106.1 Provision for income taxes of continuing operations $ 143.3 92.7 139.2 Years Ended December 31, (In millions) 2025 2024 2023 Comprehensive provision (benefit) for income taxes allocable to Continuing operations $ 143.3 92.7 139.2 Discontinued operations 0.4 0.5 Other comprehensive income (loss) (13.1) 12.0 (4.5) Comprehensive provision for income taxes $ 130.2 105.1 135.2 Rate Reconciliation The following table reconciles the difference between the actual tax rate on continuing operations and the statutory U.S. federal income tax rate of 21% for 2025. Year Ended December 31, (In percentages) 2025 Amount Percent U.S. Federal Statutory Income Tax Rate $ 74.3 21.0 % State and local tax effects , (net of federal income tax effects) (a) 5.9 1.6 Domestic Federal Tax credits Foreig …

IncomeTaxDisclosureTextBlock · excerpt; the full note is in the filing

Leases We lease facilities, vehicles, certain DRS devices, ATMs, computers and other equipment under long-term operating and financing leases with varying terms. Most of the leases contain renewal and/or purchase options, exercisable at our sole discretion. The renewal periods differ by asset class and by country and are included in our determination of lease term if we determine we are reasonably certain to exercise the option. We have taken the component election for all material asset categories, except certain DRS devices. This election allows us to account for lease components (e.g., fixed payments or variable payments that depend on a rate that can be determined at commencement, including rent for the right to use the asset) together with non-lease components (e.g., other fixed payments that deliver a good or service including common-area maintenance costs) in the calculation of the right-of-use asset and corresponding liability. Variable costs, such as inflation adjusted payments for facilities, or non-lease components that vary periodically (included as part of the component election), are expensed as incurred. Our leases do not contain any material residual value guarantees or material restrictive covenants. The components of lease assets and liabilities were as follows: December 31, (In millions) Balance sheet classification 2025 2024 Assets: Operating lease assets Right-of-use assets, net $ 388.7 $ 354.9 Finance lease assets Property and equipment, net 326.2 281.3 …

LesseeOperatingLeasesTextBlock · excerpt; the full note is in the filing

New Accounting Standards In December 2023, the FASB issued ASU 2023-09, I ncome Taxes (Topic 740): Improvements to Income Tax Disclosures, which expands annual disclosures in an entitys income tax rate reconciliation table and requires annual disclosures regarding cash taxes paid both in the U.S. (federal and state) and foreign jurisdictions. The amendments in this ASU are effective for annual periods beginning after December 15, 2024, and we adopted the provisions of ASU 2023-09 for the year ended December 31, 2025 on a prospective basis. Expanded disclosures are reflected in Note 5. In November 2024, the FASB issued ASU 2024-03, Disaggregation of Income Statement Expenses (DISE) , which requires disclosures about specific types of expenses included in the expense captions presented on the face of the income statement as well as disclosures about selling expenses. This ASU will be effective for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027. We are currently evaluating the impact that the adoption of this standard will have on our consolidated financial statements. …

NewAccountingPronouncementsPolicyPolicyTextBlock · excerpt; the full note is in the filing

"Retirement Benefits Defined-benefit Pension Plans Summary We have various defined-benefit pension plans covering eligible current and former employees. Benefits under most plans are based on salary and years of service. There are limits to the amount of benefits which can be paid to participants from a U.S. qualified pension plan. We maintain a nonqualified U.S. plan to pay benefits for those eligible current and former employees in the U.S. whose benefits exceed the regulatory limits. Pension benefits provided to eligible U.S. employees were frozen on December 31, 2005. Components of Net Periodic Pension Cost (Credit) (In millions) U.S. Plans Non-U.S. Plans Total Years Ended December 31, 2025 2024 2023 2025 2024 2023 2025 2024 2023 Service cost $ $ 8.3 8.7 7.6 $ 8.3 8.7 7.6 Interest cost on projected benefit obligation 31.3 30.7 32.4 18.0 17.7 18.1 49.3 48.4 50.5 Return on assets expected (44.5) (46.4) (47.2) (11.5) (11.4) (11.1) (56.0) (57.8) (58.3) Amortization of losses 5.2 5.2 1.6 2.8 2.6 1.8 8.0 7.8 3.4 Amortization of prior service cost 0.1 0.1 0.1 0.1 Settlement loss 1.2 1.1 1.2 1.1 Net periodic pension cost (credit) $ (8.0) (10.5) (13.2) $ 18.9 18.8 16.4 $ 10.9 8.3 3.2 The components of net periodic pension cost and net periodic post-retirement cost other than the service cost component are included in interest and other nonoperating income (expense) in the consolidated statements of operations. Obligations and Funded Status Changes in the projected benefit obligati …

PensionAndOtherPostretirementBenefitsDisclosureTextBlock · excerpt; the full note is in the filing

"Revenue from Contracts with Customers Performance Obligations We provide various services to meet the needs of our customers and we group these service offerings into two broad categories: (1) cash and valuables management (""CVM""); and (2) digital retail solutions (""DRS"") and ATM managed services (""AMS""). Cash and Valuables Management CVM services are provided to customers throughout the world. Cash-in-transit services include the secure transportation of cash, securities and other valuables between businesses, financial institutions and central banks. Basic ATM management services include cash replenishment, treasury management and first line maintenance. Our global services business provides secure transport of high-value commodities including diamonds, jewelry, precious metals, securities, banknotes, currency, high-tech devices, electronics and pharmaceuticals. Additional global services include pick-up, packaging, customs clearance, secure vault storage and inventory management. We also offer a variety of cash management services including money processing (e.g., counting, sorting, wrapping, checking condition of bills, etc.), check imaging and other cash management services (e.g., cashier balancing, counterfeit detection, account consolidation and electronic reporting). Our vaulting services combine cash-in-transit services, cash management services, vaulting and electronic reporting technologies to help banks expand into new markets while minimizing investment in …

RevenueFromContractWithCustomerTextBlock · excerpt; the full note is in the filing

"Segment Information We identify our operating segments based on how our chief operating decision maker (CODM) allocates resources, assesses performance and makes decisions. Our CODM is our President and Chief Executive Officer. Our CODM evaluates performance and allocates resources to each operating segment based on a profit or loss measure which, at the reportable segment level, excludes the following: Corporate expenses - include costs to manage the global business and perform activities required by public companies as well as other items that are considered part of the Company's operations and revenue generating activities but are not considered when the CODM evaluates segment results. Examples include corporate staff compensation, corporate headquarters costs, regional management costs, share-based compensation, and currency transaction gains and losses. Other items not allocated to segments - include income and expenses that are not necessary to operate our business in the ordinary course and are not considered when the CODM evaluates segment results. These include non-recurring as well as certain recurring costs and gains which are not considered to be part of the Company's operations and revenue generating activities. As such, they have not been allocated to segment or Corporate results. Our CODM uses segment operating profit to evaluate the performance of each of our reportable segments, comparing profitability to expected results as well as to the other segments, ul …

SegmentReportingDisclosureTextBlock · excerpt; the full note is in the filing

"Summary of Significant Accounting Policies Basis of Presentation The Brinks Company (along with its subsidiaries, we, our, Brinks or the Company), based in Richmond, Virginia, is a leading provider of cash and valuables management, digital retail solutions (""DRS""), and ATM managed services (""AMS"") to financial institutions, retailers, government agencies, mints, jewelers and other commercial operations around the world. Brinks is the oldest and largest secure transportation and cash management services company in the U.S., and a market leader in many other countries. Consolidation The consolidated financial statements include our controlled subsidiaries. Control is determined based on ownership rights or, when applicable, based on whether we are considered to be the primary beneficiary of a variable interest entity. See ""Venezuela"" section below for further information. For controlled subsidiaries that are not wholly-owned, the noncontrolling interests are included in net income and in total equity. Investments in businesses that we do not control, but for which we have the ability to exercise significant influence over operating and financial policies, are accounted for under the equity method and our proportionate share of income or loss is recorded in other operating income (expense). Investments in businesses for which we do not have the ability to exercise significant influence over operating and financial policies are accounted for at fair value, if readily deter …

SignificantAccountingPoliciesTextBlock · excerpt; the full note is in the filing

"Capital Stock Common Stock At December 31, 2025, we had 100 million shares of common stock authorized and 41.1 million shares issued and outstanding. Dividends We paid regular quarterly dividends on our common stock during the last three years. On September 17, 2025, the Board declared a regular quarterly dividend of 25.50 cents per share payable on December 1, 2025 to shareholders of record on November 3, 2025. The payment of future dividends is at the discretion of the Board and is dependent on our future earnings, financial condition, shareholder equity levels, cash flow, business requirements and other factors. Preferred Stock At December 31, 2025, we had the authority to issue up to 2.0 million shares of preferred stock with a par value of $10 per share. Share Repurchase Program In December 2025, our Board authorized a $750 million share repurchase program that expires on December 31, 2027 (the 2025 Repurchase Program). Under the 2025 Repurchase Program, we are not obligated to repurchase any specific dollar amount or number of shares. The timing and volume of share repurchases may be executed at the discretion of management on an opportunistic basis, or pursuant to trading plans or other arrangements. Share repurchases under this program may be made in the open market, in privately negotiated transactions, or otherwise. In November 2023, our Board authorized a $500 million share repurchase program (the 2023 Repurchase Program). Under the 2023 Repurchase Program, in 202 …

StockholdersEquityNoteDisclosureTextBlock · excerpt; the full note is in the filing

"Subsequent Event Acquisition of NCR Atleos Corporation (""NCR Atleos"") On February 26, 2026, the Company entered into a definitive agreement to acquire NCR Atleos, in a cash and stock transaction valued at approximately $6.6 billion, comprised of 11.5 million shares of Brink's common stock and $2.2 billion in cash, plus the assumption of approximately $2.6 billion of NCR Atleos' indebtedness. The transaction is expected to close in the first quarter of 2027, subject to regulatory approval and other customary closing conditions. The Company is currently evaluating the accounting impact of the transaction. Accordingly, the financial effects of the acquisition have not been reflected in the consolidated financial statements."

SubsequentEventsTextBlock

Contingent matters At the end of the fourth quarter of 2018, we became aware of an investigation initiated by the Chilean Fiscalia Nacional Economica (the Chilean antitrust agency) (FNE) related to potential anti-competitive practices among competitors in the cash logistics industry in Chile. In October 2021, the FNE filed a complaint before the Chilean antitrust court alleging that Brinks Chile (as well as competitor companies) engaged in collusion in 2017 and 2018 and requested that the court approve a fine of $30.5 million. The Company filed its response to the complaint in November 2022, which signaled the beginning of the evidentiary phase. The Company intends to vigorously defend itself against the FNE's complaint. Based on available information to date, the Company recorded a charge of $9.5 million in the third quarter of 2021 in connection with this matter. After the third quarter of 2021, all adjustments to the contingent liability have resulted primarily from changes in currency rates. In addition, we are involved in various other lawsuits and claims in the ordinary course of business. We are not able to estimate the loss or range of losses for some of these matters. We have recorded accruals for losses that are considered probable and reasonably estimable. Except as otherwise noted, we do not believe that it is reasonably possible the ultimate disposition of any of the legal matters currently pending against the Company could have a material adverse effect on our l …

CommitmentsAndContingenciesDisclosureTextBlock · excerpt; the full note is in the filing

"Debt September 30, December 31, (In millions) 2025 2024 Debt: Short-term borrowings $ 218.1 149.3 Total short-term borrowings $ 218.1 149.3 Long-term debt Bank credit facilities: Term loans (a) $ 1,240.5 1,292.2 Senior unsecured notes (b) 1,389.7 1,387.8 Revolving Credit Facility 491.0 399.7 Other facilities (c) 406.2 432.1 Financing leases 245.5 235.1 Total long-term debt $ 3,772.9 3,746.9 Total debt $ 3,991.0 3,896.2 Included in: Current liabilities $ 368.5 291.0 Noncurrent liabilities 3,622.5 3,605.2 Total debt $ 3,991.0 3,896.2 (a) Amounts outstanding are net of unamortized debt costs of $2.0 million as of September 30, 2025 and $2.8 million as of December 31, 2024. (b) Amounts outstanding are net of unamortized debt costs of $10.2 million as of September 30, 2025 and $12.2 million as of December 31, 2024. (c) Includes Other Revolving Credit Facilities of $308 million at September 30, 2025 and $359 million at December 31, 2024. Long-Term Debt Senior Secured Credit Facility In June 2022, we amended our senior secured credit facility (the Senior Secured Credit Facility) with Bank of America, N.A., as administrative agent. After the amendment, the Senior Secured Credit Facility consisted of a $1 billion revolving credit facility (the ""Revolving Credit Facility"") and $1.4 billion of term loans (the ""Term Loans""). All loans under the Revolving Credit Facility and the Term Loans mature on June 23, 2027. Principal payments for the Term Loans are due quarterly in an amount e …

DebtDisclosureTextBlock · excerpt; the full note is in the filing

Revenue Disaggregated by Reportable Segment and Type of Service (In millions) Cash and Valuables Management DRS and AMS Total Three months ended September 30, 2025 Reportable Segments: North America $ 300.8 134.0 434.8 Latin America 259.5 67.3 326.8 Europe 201.1 152.0 353.1 Rest of World 196.7 23.6 220.3 Total reportable segments $ 958.1 376.9 1,335.0 Three months ended September 30, 2024 Reportable Segments: North America $ 298.2 114.4 412.6 Latin America 266.3 54.7 321.0 Europe 193.4 122.1 315.5 Rest of World 190.3 19.1 209.4 Total reportable segments $ 948.2 310.3 1,258.5 Nine months ended September 30, 2025 Reportable Segments: North America $ 903.0 383.7 1,286.7 Latin America 769.2 184.6 953.8 Europe 566.3 423.7 990.0 Rest of World 583.8 67.9 651.7 Total reportable segments $ 2,822.3 1,059.9 3,882.2 Nine months ended September 30, 2024 Reportable Segments: North America $ 904.7 325.4 1,230.1 Latin America 826.4 161.0 987.4 Europe 563.1 353.5 916.6 Rest of World 558.3 55.3 613.6 Total reportable segments $ 2,852.5 895.2 3,747.7

DisaggregationOfRevenueTableTextBlock

"Share-based compensation plans We have share-based compensation plans to attract and retain employees and non-employee directors and to more closely align their interests with those of our shareholders. We have outstanding share-based awards granted to employees under the 2017 Equity Incentive Plan (the ""2017 Plan"") and under the 2024 Equity Incentive Plan (the ""2024 Plan""). The 2017 Plan and the 2024 Plan each permit grants of restricted stock, restricted stock units, performance stock, performance stock units, stock appreciation rights, and stock options, as well as other share-based awards to eligible employees. The 2017 Plan and the 2024 Plan also permit cash awards to eligible employees. The 2017 Plan became effective May 2017. The 2024 Plan became effective May 2024. No further grants of awards will be made under the 2017 Plan. We have outstanding deferred stock units granted to directors under the 2017 Plan and the 2024 Plan. Share-based awards were previously granted to directors and remain outstanding under the Non-Employee Directors' Equity Plan and the Directors Stock Accumulation Plan, each of which has expired. Outstanding awards at September 30, 2025 include performance stock units, restricted stock units, deferred stock units, time-based stock options and certain awards that will be settled in cash. Compensation Expense Compensation expense is measured using the fair-value-based method. For all share-based awards outstanding at September 30, 2025, the reti …

DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock · excerpt; the full note is in the filing

"Income taxes Three Months Ended September 30, Nine Months Ended September 30, (In millions, except for effective tax rate) 2025 2024 2025 2024 Continuing operations Provision for income taxes $ 53.0 27.2 $ 95.8 75.5 Effective tax rate 58.6 % 46.0 % 40.8 % 36.0 % 2025 Effective Income Tax Rate Compared to U.S. Statutory Rate On July 4, 2025, the One Big Beautiful Bill Act (the ""OBBBA"") was enacted in the U.S. The OBBBA includes modifications to the U.S. taxation of worldwide income and the deductibility of interest expense, among other tax changes. The legislation has multiple effective dates, with certain provisions effective in 2025 and others implemented through 2027. As a result of the enactment of the OBBBA, we recorded a tax expense of $18.7 million from an increased valuation allowance on U.S. tax credit carryforwards. The effective income tax rate on continuing operations in the first nine months of 2025 was greater than the 21% U.S. statutory rate due to the geographical mix of earnings, the seasonality of book losses for which no tax benefit can be recorded, nondeductible expenses in Mexico, taxes on cross border payments, the tax expense recorded related to the enactment of OBBBA and U.S. taxable income and credit limitations. 2024 Effective Income Tax Rate Compared to U.S. Statutory Rate The effective income tax rate on continuing operations in the first nine months of 2024 was greater than the 21% U.S. statutory rate due to the geographical mix of earnings, the …

IncomeTaxDisclosureTextBlock · excerpt; the full note is in the filing

New Accounting Standards In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures , which expands annual disclosures in an entitys income tax rate reconciliation table and requires annual disclosures regarding cash taxes paid both in the U.S. (federal and state) and foreign jurisdictions. The amendments in this ASU are effective for annual periods beginning after December 15, 2024, although early adoption is permitted. This new guidance will result in increased disclosures in the notes to our financial statements. In November 2024, the FASB issued ASU 2024-03, Disaggregation of Income Statement Expenses (DISE) , which requires disclosures about specific types of expenses included in the expense captions presented on the face of the income statement as well as disclosures about selling expenses. This ASU will be effective for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027. We are currently evaluating the impact that the adoption of this standard will have on the notes to our consolidated financial statements. …

NewAccountingPronouncementsPolicyPolicyTextBlock · excerpt; the full note is in the filing

Retirement benefits Defined-benefit Pension Plans We have various defined-benefit pension plans covering eligible current and former employees. Benefits under most plans are based on salary and years of service. There are limits to the amount of benefits which can be paid to participants from a U.S. qualified pension plan. We maintain a nonqualified U.S. plan to pay benefits for those eligible current and former employees in the U.S. whose benefits exceed the regulatory limits. Pension benefits provided to eligible U.S. employees were frozen on December 31, 2005. The components of net periodic pension cost (credit) for our pension plans were as follows: U.S. Plans Non-U.S. Plans Total (In millions) 2025 2024 2025 2024 2025 2024 Three months ended September 30, Service cost $ 2.2 2.1 2.2 2.1 Interest cost on projected benefit obligation 7.8 7.7 4.6 4.4 12.4 12.1 Return on assets expected (11.1) (11.6) (3.0) (2.9) (14.1) (14.5) Amortization of losses 1.2 1.2 0.8 0.6 2.0 1.8 Amortization of prior service credit 0.1 0.1 0.1 0.1 Settlement loss 0.3 0.6 0.3 0.6 Net periodic pension cost (credit) $ (2.1) (2.7) 5.0 4.9 2.9 2.2 Nine months ended September 30, Service cost $ 6.3 6.5 6.3 6.5 Interest cost on projected benefit obligation 23.5 23.1 13.3 13.3 36.8 36.4 Return on assets expected (33.4) (34.8) (8.6) (8.6) (42.0) (43.4) Amortization of losses 3.9 3.9 2.1 1.9 6.0 5.8 Amortization of prior service cost 0.2 0.1 0.2 0.1 Settlement loss 1.0 0.9 1.0 0.9 Net periodic pension cost (c …

PensionAndOtherPostretirementBenefitsDisclosureTextBlock · excerpt; the full note is in the filing

"Revenue from Contracts with Customers Performance Obligations We provide various services to meet the needs of our customers and we group these service offerings into two broad categories: (1) cash and valuables management (""CVM""); and (2) digital retail solutions (""DRS"") and ATM managed services (""AMS""). Cash and Valuables Management CVM services are provided to customers throughout the world. Cash-in-transit services include the secure transportation of cash, securities and other valuables between businesses, financial institutions and central banks. Basic ATM management services include cash replenishment, treasury management and first line maintenance. Our global services business provides secure transport of high-value commodities including diamonds, jewelry, precious metals, luxury goods, securities, banknotes, currency, high-tech devices, electronics and pharmaceuticals. Additional global services include pick-up, packaging, customs clearance, secure vault storage and inventory management. We also offer a variety of cash management services including money processing (e.g., counting, sorting, wrapping, checking condition of bills, etc.), check imaging and other cash management services (e.g., cashier balancing, counterfeit detection, account consolidation and electronic reporting). Our vaulting services combine cash-in-transit services, cash management services, vaulting and electronic reporting technologies to help banks expand into new markets while minimizing …

RevenueFromContractWithCustomerTextBlock · excerpt; the full note is in the filing

"Segment information We identify our operating segments based on how our chief operating decision maker (CODM) allocates resources, assesses performance and makes decisions. Our CODM is our President and Chief Executive Officer. Our CODM evaluates performance and allocates resources to each operating segment based on a profit or loss measure which, at the reportable segment level, excludes the following: Corporate expenses - include costs to manage the global business and perform activities required by public companies as well as other items that are considered part of the Company's operations and revenue generating activities but are not considered when the CODM evaluates segment results. Examples include corporate staff compensation, corporate headquarters costs, regional management costs, share-based compensation, and currency transaction gains and losses. Other items not allocated to segments - include income and expenses that are not necessary to operate our business in the ordinary course and are not considered when the CODM evaluates segment results. These include non-recurring as well as certain recurring costs and gains which are not considered to be part of the Company's operations and revenue generating activities. As such, they have not been allocated to segment or Corporate results. Our CODM uses segment operating profit to evaluate the performance of each of our reportable segments, comparing profitability to expected results as well as to the other segments, ul …

SegmentReportingDisclosureTextBlock · excerpt; the full note is in the filing

"Basis of presentation The Brinks Company (along with its subsidiaries, Brinks, the Company, we, us or our) has four operating segments: North America Latin America Europe Rest of World Our unaudited interim condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (GAAP) for interim financial reporting and applicable quarterly reporting regulations of the Securities and Exchange Commission (the SEC). Accordingly, the unaudited condensed consolidated financial statements do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included. Operating results for interim periods are not necessarily indicative of the results that may be expected for the full year. These unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes in our Annual Report on Form 10-K for the year ended December 31, 2024. Use of Estimates In accordance with GAAP, we have made a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities to prepare these condensed consolidated financial statements. Actual results could differ materially from these estimates. The most significant estimates are …

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"Capital Stock Common Stock At September 30, 2025, we had 100 million shares of common stock authorized and 41.6 million shares issued and outstanding. Dividends We paid regular quarterly dividends on our common stock during the last two years. On July 11, 2025, the Board declared a regular quarterly dividend of $0.2550 per share payable on September 2, 2025, to shareholders of record on July 28, 2025. On September 17, 2025, the Board declared a regular quarterly dividend of $0.2550 per share payable on December 1, 2025, to shareholders of record on November 3, 2025. The payment of future dividends is at the discretion of the Board of Directors and is dependent on our future earnings, financial condition, shareholder equity levels, cash flow, business requirements and other factors. Preferred Stock At September 30, 2025, we had the authority to issue up to 2.0 million shares of preferred stock with a par value of $10 per share, and no shares were issued and outstanding. Share Repurchase Program In November 2023, our Board of Directors authorized a $500 million share repurchase program that expires on December 31, 2025 (the ""2023 Repurchase Program""). Under the 2023 Share Repurchase Program, we are not obligated to repurchase any specific dollar amount or number of shares. The timing and volume of share repurchases may be executed at the discretion of management on an opportunistic basis, or pursuant to trading plans or other arrangements. Share repurchases under this progra …

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