Q4 2025 Unisys Corp Earnings Call Transcript
Key Points
- Unisys Corp (UIS) reported a 5% year-over-year revenue growth in the fourth quarter, exceeding their full-year revenue projections.
- The company achieved a non-GAAP operating margin of 18% in the fourth quarter and 9.1% for the year, surpassing the top end of their revised projections.
- Unisys Corp (UIS) generated $128 million of full-year pre-pension free cash flow in 2025, up 55% from the prior year.
- The company successfully reduced its global pension deficit by $300 million, improving near-term cash flows.
- Unisys Corp (UIS) was recognized as a global leader in Gartner's Magic Quadrant for outsourced digital workplace services, enhancing its market perception and opportunities.
- The company faced a decline in digital workplace solutions revenue, impacted by PC-related revenue declines and lower third-party hardware volumes.
- Unisys Corp (UIS) experienced elongated sales cycles and hesitancy in the public sector, affecting new business TCV, which was down 38% year-over-year.
- The company anticipates several hundred basis points of growth headwinds for 2026 due to aggressive competitor pricing and renewal losses.
- Unisys Corp (UIS) expects a decline in total company revenue between 6.5% and 4.5% in constant currency for 2026.
- The company reported a full-year GAAP net loss of $340 million, including a significant one-time non-cash expense related to a pension annuity purchase.
Good morning and welcome to the Unisys Corporation fourth quarter and full year 2025 financial results conference call. (Operator Instructions) Please note this event is being recorded.
I would now like to turn the conference over to Michaela Pewarski, Vice President of Investor Relations. Please go ahead.
Thank you, operator. Good morning, everyone. Thank you for joining us. Yesterday afternoon, Unisys released its fourth quarter in full year 2025 financial results. Joining me to discuss those results are Mike Thomson, our CEO and President; and Deb McCann, our CFO.
As a reminder, today's call contains estimates and other forward-looking statements within the meaning of the securities laws. We caution listeners that these statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed on this call.
These items can be found in the forward-looking statement section of yesterday's earnings release furnished
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