Unisys reported a non-GAAP net loss of $0.12 per share for the third quarter 2026, outperforming analyst estimates despite a marginal revenue miss. Performance was bolstered by a significant surge in new business signings and an improved software-to-hardware mix in high-margin renewals.
Key Highlights
- New Business Total Contract Value (TCV) grew 78% year-over-year to $221 million, signaling strong portfolio momentum.
- Full-year 2026 revenue guidance was raised to (3.0)% to (1.5)% growth in constant currency, up from the previous range of (5.0)% to (3.5)%.
- Total company backlog increased to $2.92 billion compared to $2.83 billion in the prior-year period.
- The company completed a pension risk transfer of $200 million in U.S. liabilities, reducing total pension liabilities by $520 million since mid-2025.