Q2 2026 Unisys Corp Earnings Call Transcript

Jul 30, 2026 / 12:00 PM GMT

Release Date Price: $3.15 (-8.96%)

Transcript 10-Q8-K

Key Points

Positve

Unisys Corp (UIS) reaffirmed full-year guidance for non-GAAP operating profit margin of 9% to 11%, indicating a slight year-over-year increase.
The company reported strong momentum in its ClearPath ecosystem, with upward revisions to ClearPath revenue guidance to $425 million for the full year.
Unisys Corp (UIS) is seeing strong growth in its DSS pipeline, driven by IT executives prioritizing spend to lock in pricing amid cost increases.
The company maintains a strong liquidity position with $324 million in cash, an undrawn $125 million ABL facility, and no meaningful debt maturities before 2031.
Unisys Corp (UIS) is making strategic investments in AI-driven solutions and hybrid infrastructure management, positioning itself for future growth in higher-value market areas.

Negative

Free cash flow was negative $49 million in Q2 2026, though improved from negative $337 million in the prior year period.
The company expects a 5% to 3.5% decline in full-year revenue on a constant currency basis, indicating ongoing top-line challenges.
Unisys Corp (UIS) faces a global pension deficit of approximately $450 million, with net leverage including the deficit at about 3.1 times.
The company anticipates Q3 2026 non-GAAP operating margin will be only approximately 4%, reflecting near-term profitability pressure.
Client spending environment shows a shift toward infrastructure spend, deferring discretionary projects, which could impact near-term revenue growth.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

UIS.N - Unisys Corp
Q2 2026 Unisys Corp Earnings Call
Jul 30, 2026 / 12:00PM GMT

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Presentation
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I was negative $49 million in the second quarter compared to 300 solution development for our Clear Path ecosystem.

Free capital flow was $-49 million in the second quarter compared to $-337 million in the prior year period, which had included a 250 million dollarsar discretionary contribution to our US qualified defined benefit pension plans.

In the second quarter, we made $29.2 billion of a cash pension and $0.5 million of post-retirement contributions.

Moving to slide 12, our cash balance is $324 million as of June 30th compared to $414 million at year end.

We continue to maintain a strong liquidity position underpinned by substantial cash on hand, an undrawn $125 million dollar ABL facility and no meaningful

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