Earnings summaries and quarterly performance for UNISYS.
Executive leadership at UNISYS.
Michael Thomson
Detailed
Chief Executive Officer and President
CEO
Chris Arrasmith
Detailed
Executive Vice President and Chief Operating Officer
Debra McCann
Detailed
Executive Vice President and Chief Financial Officer
Kristen Prohl
Detailed
Senior Vice President, General Counsel, Secretary and Chief Administration Officer
Teresa Poggenpohl
Detailed
Senior Vice President and Chief Marketing Officer
Board of directors at UNISYS.
Deborah Lee James
Detailed
Director
John Kritzmacher
Detailed
Director
Matthew Desch
Detailed
Director
Nathaniel Davis
Detailed
Lead Independent Director
Paul Martin
Detailed
Director
Peter Altabef
Detailed
Chair of the Board
Philippe Germond
Detailed
Director
Regina Paolillo
Detailed
Director
Roxanne Taylor
Detailed
Director
Troy Richardson
Detailed
Director
Research analysts who have asked questions during UNISYS earnings calls.
Anja Soderstrom
Sidoti & Company, LLC
4 questions for UIS
Also covers: ATEN, BHE, DAKT +11 more
Rod Bourgeois
DeepDive Equity Research
4 questions for UIS
Also covers: CTSH, DXC
Arun Seshadri
BNP Paribas
3 questions for UIS
Joseph Vafi
Canaccord Genuity - Global Capital Markets
2 questions for UIS
Also covers: ADV, ALIT, ASGN +20 more
Kellen D'Alleva
Jefferies
1 question for UIS
Recent press releases and 8-K filings for UIS.
Unisys Discusses 2025 Financial Outlook and Strategic Priorities
UIS
Guidance Update
Demand Weakening
Debt Issuance
- Unisys reaffirmed its 2025 pre-pension free cash flow guidance at $110 million.
- The company projects its License and Support (L&S) revenue at $430 million for 2025, with a back-end loaded Q4 due to contract renewals, and an average of $400 million annually for 2026-2028. L&S gross margin is typically around 70%.
- Ex-L&S revenue guidance for 2025 was lowered due to timing issues, government funding pauses, and AI-related client hesitancy, with these headwinds expected to persist for several quarters into 2026.
- Unisys has reduced its pension deficit to $470 million and plans $280 million in additional cashless annuity purchases next year, targeting a leverage ratio of approximately 2.5x (including pension debt) in the near term.
4 days ago
Unisys Reaffirms 2025 Free Cash Flow Guidance and Provides LNS Revenue Outlook
UIS
Guidance Update
Demand Weakening
Debt Issuance
- Unisys reaffirmed its $110 million pre-pension free cash flow guidance for 2025 despite lowering its XLNS revenue outlook, which is now expected to be down approximately 4% year over year.
- The company expects its License and Support (LNS) segment revenue to be $430 million in 2025, with an implied $185 million-$190 million for Q4 2025, and projects an average of $400 million annually for 2026-2028.
- The GAAP pension deficit has been reduced to $470 million, with plans for an additional $280 million in cashless annuity purchases next year, and a long-term leverage target of approximately 2.5 times (including pension debt).
- The XLNS segment faces headwinds from IT budget constraints and client hesitancy, but AI is seen as a potential tailwind for improving efficiency and margins.
4 days ago
Unisys CFO Discusses 2025 Outlook, Pension Reduction, and Leverage Targets
UIS
Guidance Update
Demand Weakening
Debt Issuance
- Unisys expects $430 million in License and Support (LNS) revenue for 2025, with an implied $185 million-$190 million in Q4 2025, and an average of $400 million annually for 2026-2028.
- The company affirmed its 2025 pre-pension free cash flow guidance of $110 million, projecting approximately $390 million in cash by year-end, despite lowering XLNS revenue guidance due to market headwinds and project delays expected to persist into 2026.
- Unisys has reduced its GAAP pension deficit to $470 million and plans to complete $280 million in cashless annuity purchases next year, aiming for a leverage target of approximately 2.5 times (including pension debt) over the next few years.
- Significant SG&A reductions, largely completed by 2025 with full benefits in 2026, are helping to improve profitability amidst revenue pressures.
4 days ago
Unisys Provides Business Overview, Financial Performance, and Capital Structure Updates
UIS
Guidance Update
Debt Issuance
New Projects/Investments
- Unisys reported FY24 Revenue of ~$2.01 billion, Adjusted EBITDA of ~$292.1 million, and Free Cash Flow of ~$55.3 million.
- The company has taken significant steps to strengthen its capital structure, including issuing $700 million in new senior secured notes in June 2025 and transferring $320 million in U.S. pension liabilities in September 2025 as part of a plan to remove $600 million in U.S. pension liabilities by year-end 2026, aiming for full removal within 3-5 years.
- As of September 30, 2025, Unisys reported $700.0 million in Senior Secured Notes, an estimated Global Net Pension Deficit of ~$470 million, and a Net Leverage Ratio of 3.7x (including pension deficit).
- Unisys operates in the ~$1.6 trillion Global IT Services Market, projected to grow at an ~8.4% CAGR from 2024 through 2029, with its revenue primarily derived from Tech-Enabled Services (approximately 80%) and Software (approximately 20%).
- The company's focus includes its full-year 2025 financial guidance, expectations for pre-pension free cash flow, and continued efforts to reduce the uncertainty and volatility of cash requirements through pension liability removal.
Nov 19, 2025, 7:20 PM
Unisys Provides Business Overview and Strategic Priorities at Conference
UIS
Guidance Update
Debt Issuance
New Projects/Investments
- Unisys Corporation (UIS) reported approximately $2 billion in revenue, $290 million in adjusted EBITDA, and $55 million in free cash flow for 2024.
- The company's ClearPath Forward business, a key profit and cash engine, generates about $430 million of revenue with a 70% gross margin and is expected to remain stable until 2050.
- Strategic priorities include improving profitability and growth in its Cloud and Digital Workplace Solutions segments, streamlining SG&A with full benefits from cost reductions expected in 2026, and enhancing free cash flow conversion.
- Unisys is actively managing its capital structure, having refinanced debt and reduced its U.S. pension deficit from $500 million to $250 million by funding it with $200 million of incremental debt and $50 million of cash.
- The company is leveraging AI to improve delivery efficiency and margins in its services segments and views AI's role in adding complexity to the IT ecosystem as beneficial for IT service providers.
Nov 19, 2025, 7:20 PM
Unisys Corporation Provides 2024 Financial Highlights and Strategic Priorities
UIS
Guidance Update
Debt Issuance
New Projects/Investments
- Unisys Corporation, a global IT solutions provider, reported approximately $2 billion in revenue, $290 million in adjusted EBITDA, and $55 million in free cash flow for 2024.
- The company's ClearPath Forward segment is a significant profit and cash engine, generating about $430 million in revenue with a 70% gross margin, and is considered stable through 2050.
- Strategic priorities include improving profitability and growth in its Cloud and Digital Workplace Solutions segments, aiming for an aggregate 150 basis point gross margin improvement per year, while maintaining the high-margin ClearPath business.
- Unisys recently refinanced $700 million in debt and used $200 million of incremental funds to reduce its U.S. pension deficit from $500 million to $250 million, with a goal to remove the pension from its books within 3-5 years.
Nov 19, 2025, 7:20 PM
Unisys Corporation Provides Business Overview and Strategic Update
UIS
Debt Issuance
Legal Proceedings
Guidance Update
- Unisys reported $2 billion in revenue, $290 million in adjusted EBITDA, and $55 million in free cash flow for 2024.
- The company's ClearPath Forward segment is a highly profitable "profit and cash engine" generating $430 million in revenue with approximately 70% gross margin, and is expected to be stable until 2050.
- Unisys recently refinanced $485 million of bonds due in November 2027, issuing $700 million and using $200 million to fund its U.S. pension, which reduced the deficit from $500 million to $250 million.
- The company received a $25 million payment in Q3 as part of a legal settlement and reaffirmed its full-year guidance for the ClearPath business.
Nov 19, 2025, 7:20 PM
Unisys Reports Q3 2025 Revenue Below Expectations, Updates Full-Year Guidance, and Increases L&S Outlook
UIS
Earnings
Guidance Update
Demand Weakening
- Unisys reported Q3 2025 revenue (excluding license and support) of $377 million, which was below its $390 million expectation, with Digital Workplace Solutions, Cloud Applications and Infrastructure Solutions, and Enterprise Computing Solutions segments all experiencing year-over-year declines.
- The company's Q3 2025 gross profit was $117 million, resulting in a 25.5% gross margin, a decrease from 29.2% in the prior year, primarily attributed to the cadence of L&S renewals.
- For the full year 2025, Unisys updated its guidance to a constant currency revenue decline of -4% to -3% and expects a non-GAAP operating margin of 8%-9%, while maintaining its pre-pension free cash flow forecast of approximately $110 million.
- Unisys increased its average annual L&S revenue expectation for 2026-2028 to $400 million per year and reduced its estimated U.S. pension deficit to approximately $470 million as of September 30th, following an annuity purchase that removed $320 million in liabilities.
Nov 6, 2025, 1:00 PM
Unisys (UIS) Announces Q3 2025 Financial Results and Updates Full-Year Guidance
UIS
Earnings
Guidance Update
Demand Weakening
- Unisys reported Q3 2025 revenue of $460 million, reflecting a 9.0% constant currency decline year-over-year, primarily due to the timing of License & Support (L&S) software renewals.
- For Q3 2025, the company recorded a GAAP operating loss of ($33.5 million) and a non-GAAP operating profit of $24.8 million, representing a 5.4% margin. GAAP diluted loss per share was ($4.33), and non-GAAP diluted loss per share was ($0.08).
- UIS generated $19.9 million in free cash flow and $50.5 million in pre-pension and postretirement free cash flow during Q3 2025.
- Full-year 2025 guidance for constant currency revenue growth was updated to (4.0%) to (3.0%), with the non-GAAP operating profit margin projected at 8.0% to 9.0%. The company continues to expect approximately $110 million of full-year pre-pension free cash flow.
- In September 2025, UIS transferred $320 million in U.S. pension liabilities through an annuity purchase contract, as part of its multi-year strategy to reduce and remove U.S. qualified defined benefit pension plan liabilities.
Nov 6, 2025, 1:00 PM
Unisys Announces Q3 2025 Results and Updates Guidance
UIS
Earnings
Guidance Update
New Projects/Investments
- Unisys reported total company revenue of $460.2 million for Q3 2025, a 7.4% year-over-year decrease, primarily driven by the timing of software license renewals.
- The company recorded a net loss attributable to Unisys Corporation of ($308.9 million) in Q3 2025, significantly impacted by a non-cash pension settlement loss of $227.7 million net of tax.
- Unisys advanced its pension strategy by purchasing an annuity contract to transfer $320 million of projected U.S. defined benefit pension liabilities to a third-party insurer, funded with plan assets.
- For full-year 2025, Unisys lowered its constant currency revenue guidance to a decrease of (4.0)% to (3.0)% but reiterated its non-GAAP operating profit margin guidance of 8.0% to 9.0%.
- Cash and cash equivalents increased 7.0% quarter over quarter to $321.9 million as of September 30, 2025, with cash provided by operations at $38.0 million.
Nov 5, 2025, 9:23 PM
Quarterly earnings call transcripts for UNISYS.
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