Quarterly ResultMay 5, 2026, 04:27 PM
Unisys Q1 Revenue $437.6M, Profitability Improves; Guidance Reaffirmed
AI Summary
Unisys Corporation reported its first-quarter 2026 financial results, with revenue increasing 1.3% year-over-year to $437.6 million, though it declined 4.5% in constant currency. The company saw significant improvements in profitability, with gross profit margin up 80 basis points and operating profit margin up 250 basis points. New business signings were strong, increasing 45% year-over-year, and Unisys reaffirmed its full-year 2026 financial guidance for both revenue growth and profitability.
Key Highlights
- Revenue of $437.6 million, up 1.3% YoY, but down 4.5% in constant currency.
- Gross profit margin improved 80 bps YoY to 25.7%; Ex-L&S gross profit margin up 170 bps YoY to 19.5%.
- Operating profit margin improved 250 bps YoY to 3.7%; non-GAAP operating profit margin improved 170 bps YoY to 4.5%.
- New Business Total Contract Value (TCV) increased 45% YoY to $158 million.
- Digital Workplace Solutions (DWS) revenue declined 0.3% YoY, down 6.5% in constant currency.
- Cloud, Applications & Infrastructure Solutions (CA&I) revenue increased 3.1% YoY, up 230 bps in gross profit margin.
- Enterprise Computing Solutions (ECS) revenue declined 2.9% YoY, down 8.4% in constant currency.
- Unisys reaffirms full-year 2026 guidance for constant currency revenue growth of (6.5)% to (4.5)% and non-GAAP operating profit margin of 9.0% to 11.0%.