BLUE BELL, PA — Unisys Corporation (NYSE: UIS) reported fourth-quarter 2025 revenue of $574.5 million, a 5.3% increase from the same period a year earlier, while full-year revenue declined 2.9% to about $2.0 billion, the company announced.
The information technology services company said fourth-quarter operating profit margin was 13.3%, up 4.4 percentage points from the prior year.
On a non-GAAP basis, operating margin was 18.0%, an increase of 6.4 percentage points year over year.
Cash provided by operations during the quarter totaled $104.9 million, compared with $76.6 million in the fourth quarter of 2024.
For the full year, the company reported an operating profit margin of 4.0%, down 0.8 percentage points from 2024, while non-GAAP operating margin rose to 9.1%.
Chief Executive Officer and President Michael Thomson said the company continued efforts to improve profitability while investing in technology development.
“Our 2025 results reflect our ongoing commitment to a consistent strategy that balances our investment in solution development with our financial objectives of advancing profitability, free cash flow, and removal of pension liabilities,” Thomson said.
Chief Financial Officer Deb McCann said the company exceeded its revised non-GAAP operating margin guidance.
“We ended the year with a strong liquidity position driven by increasing cash balances, an undrawn credit facility and no major near-term debt maturities,” McCann said.
Fourth-quarter revenue growth was largely driven by the timing of software license renewals, according to the company.
Revenue in the Enterprise Computing Solutions segment increased 16.4% year over year during the quarter, while revenue declined in the Digital Workplace Solutions and Cloud, Applications and Infrastructure Solutions segments.
For the full year, revenue declined primarily due to lower client volumes in the Digital Workplace Solutions and Cloud, Applications and Infrastructure Solutions segments.
Unisys reported cash and cash equivalents of $413.9 million as of December 31, 2025, compared with $376.5 million a year earlier.
The company said its defined benefit pension plans had a funding deficit of $448.5 million at year-end, an improvement of $301.7 million from 2024, reflecting contributions totaling $343.7 million.
Unisys said its contract backlog totaled $3.16 billion at the end of the fourth quarter, compared with $2.84 billion a year earlier.
The company said its 2026 annual meeting of stockholders will be held virtually on April 30, 2026.
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