Company: BCO
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000078890-25-000312
Chunk: 7

Company: BRINKS CO
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 7
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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 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

Certain of our services involve the leasing of assets, such as safes, to our customers along with the regular servicing of those safe devices. Revenues related to the leasing of these assets are recognized in accordance with applicable lease guidance, but are included in the above table as the amounts are a small percentage of overall revenues.

Contract Balances

Contract Assets

Although payment terms and conditions can vary, for the majority of our customer contracts, we invoice for all of the services provided to the customer within a monthly period. For certain customer contracts, the timing of our performance may precede our right to invoice the customer for the total transaction price. For example, Brink's affiliates in certain countries, primarily in Latin America, negotiate annual price adjustments with certain customers and, once the price increases are finalized, the pricing changes are made