Earnings Releases·Nov 4, 2026, 4:20 PM ET

Unisys — 3Q26 Earnings Summary

Total revenue rose 2.5% YoY to $471.5 million, while non-GAAP operating profit improved to $34.0 million (7.2% margin) versus $24.8 million YoY, driven by a 120 bps expansion in overall gross profit margin despite higher cost reduction charges.
Full-year 2026 revenue growth guidance in constant currency was raised to (3.0)% to (1.5)% from (5.0)% to (3.5)%, with non-GAAP operating profit margin guidance reaffirmed at 9.0% to 11.0%.
New business momentum accelerated with total TCV up 43% YoY to $594 million, including a 78% increase in new business TCV and a 61% surge in ClearPath renewals TCV.
Net loss narrowed to $201.0 million from $308.9 million YoY, though a $151 million non-cash pension settlement loss was recorded; the company expects to complete an additional pension settlement in H1 2027 to reduce U.S. liabilities by approximately $600 million.
Cash flow remained under pressure with free cash flow at $(57.7) million versus $19.9 million YoY, and cash equivalents declined to $264.2 million from $413.9 million at year-end 2025.