Unisys reports Q3 results, lifts full‑year revenue outlook amid cash‑flow pressure
Unisys Corp. posted third‑quarter 2026 revenue of $472 million, a 2.5% year‑over‑year increase, and non‑GAAP operating profit of $34 million, delivering a 7.2% margin. The company raised its full‑year revenue guidance to a 1.5%‑3% constant‑currency decline, narrowing the prior 3%‑5.5% range. It also highlighted a 78% jump in new‑business signings and a pension‑liability reduction of about $200 million through an annuity purchase. Cash flow remained negative, with free cash flow of –$58 million for the quarter.
Why it matters
The raised guidance suggests higher than expected revenue in the fourth quarter, which could improve earnings visibility for investors (the company said). However, the continued negative free cash flow and reliance on future cash collections indicate liquidity risk that investors must monitor.
Key facts
- 1Third‑quarter revenue was $472 million, up 2.5% year over year. tipranks.com
- 2Non‑GAAP operating profit was $34 million, a 7.2% margin, up from 5.4% a year earlier. finance.yahoo.com
- 3Full‑year 2026 revenue outlook was revised to a constant‑currency decline of 1.5%‑3%, tighter than the previous 3%‑5.5% range. tipranks.com
- 4New‑business signings rose 78% year over year and total contract value signed increased 43% to $594 million. tipranks.com
- 5The company purchased an annuity transferring about $200 million of projected U.S. defined‑benefit pension liabilities. finance.yahoo.com
- 6Free cash flow for the quarter was negative $58 million, compared with positive $20 million a year earlier. finance.yahoo.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.