Unisys Q1 revenue rises 1.3%, beats estimates

Unisys

05/05/2026 22:01

Overview

Technology solutions provider's Q1 revenue rose 1.3% yr/yr, beating analyst expectations

Gross profit margin improved to 25.7%, driven by delivery and labor cost savings

Company reaffirmed full-year 2026 revenue and profitability guidance

Outlook

Unisys reaffirms 2026 full-year constant currency revenue growth guidance of (6.5)% to (4.5)%

Company expects 2026 reported revenue growth of (3.5)% to (1.5)%

Unisys maintains 2026 non-GAAP operating profit margin guidance of 9.0% to 11.0%

Result Drivers

OPERATIONAL EFFICIENCY - Margin gains were driven by delivery improvements and labor cost savings, especially in the CA&I segment

CURRENCY IMPACT - Revenue growth was supported by favorable foreign currency fluctuations, offsetting declines in constant currency

Company press release: ID:nPndq6Kca

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$437.60 mln
$415.74 mln (5 Analysts)
Q1 Net Loss
$35.80 mln
Q1 Adjusted Operating Income
$19.80 mln
Q1 Gross Profit
$112.50 mln
Q1 Operating Income
$16.20 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the it services & consulting peer group is "buy"

Wall Street's median 12-month price target for Unisys Corp is $6.00, about 120.6% above its May 4 closing price of $2.72

The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 4 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)