Overview
Technology solutions provider's Q4 revenue rose 5.3% yr/yr, slightly beating analysts' expectations
Non-GAAP operating profit margin improved 640 bps yr/yr
Company ended year with strong liquidity and reduced pension funding deficit
Outlook
Unisys expects 2026 revenue growth in constant currency between -6.5% and -4.5%
Company projects 2026 non-GAAP operating profit margin of 9.0% to 11.0%
Unisys anticipates 2026 License & Support revenue of approximately $415 mln
Result Drivers
SOFTWARE LICENSE RENEWALS - Revenue growth in Q4 was primarily driven by the timing of software license renewals
AI ADOPTION - License & Support ecosystem outperformed expectations due to client adoption of AI
COST SAVINGS - CA&I gross profit margin increased 210 bps yr/yr due to labor cost savings initiatives
Company press release: ID:nPn6JT9LCa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Beat*
$574.50 mln
$569.68 mln (5 Analysts)
Q4 Net Income
$18.70 mln
Q4 Adjusted Operating Income
$103.40 mln
Q4 Adjusted Operating Margin
18.00%
Q4 Gross Profit
$194.60 mln
Q4 Operating Income
$76.60 mln
Q4 Operating Margin
13.30%
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
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.)