UOverview
Unisys provides IT services and solutions to businesses and governments, focusing on digital transformation, cloud services, cybersecurity, and data analytics. Solutions are delivered through tailored consulting, managed services, and the sale of proprietary software and hardware to modernize operations, secure IT, and extract insights from data. The company differentiates itself by serving heavily regulated industries with strong security frameworks and by emphasizing ethical technology deployment, supported by thought leadership on topics like blockchain and low-code development. Its goal is to help organizations navigate digital transformation safely, efficiently, and responsibly while driving innovation.
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About Unisys
Industries
Company Size
1-10
Company Stage
IPO
Headquarters
Bethel Township, Pennsylvania
Founded
1984
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Simplify's take
What believers are saying
- 3Q26 revenue rose 2.5% to $472 million, and full-year guidance improved on November 4.
- Total contract value signed reached $594 million, up 43%, with pipeline growth three quarters running.
- Unisys secured Heineken, a U.S. state agency, and a global bank renewal in 3Q26.
What critics are saying
- Client attrition and pricing pressure still hit Digital Workplace gross margin to 9.5% in 3Q26.
- Free cash flow was negative $58 million in 3Q26, and cash fell to $264 million.
- If 2027 renewals slip after the current cycle, Unisys loses its last stable profit engine.
What makes Unisys unique
- Unisys spans public-sector services and earned four ISG Leader designations on November 9, 2026.
- Its ClearPath mainframe franchise generated $84 million in 3Q26 and anchors renewals.
- Dell-backed Device Subscription Service targets edge and IoT deployments beyond legacy IT outsourcing.
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Funding
Total Funding
$700M
Above
Industry Average
Funded Over
2 Rounds
Benefits
- Unlimited Paid Time Off
- 401(k) Company Match
- Health Insurance
- Health Savings Account/Flexible Spending Account
Stock Price
Company News
Unisys raised its full-year revenue outlook after third-quarter results beat its expectations. The technology services company reported revenue of $472 million, up 2.5% from a year earlier. It now expects full-year revenue to fall 1.5% to 3% in constant currency, against a prior forecast of a 3.5% to 5% decline. New work with existing customers helped offset earlier client losses. Non-GAAP operating profit was $34 million, a 7.2% margin, up from 5.4%. The company posted a net loss of $201 million, including a $151 million after-tax non-cash pension settlement expense. Total contract value signed reached $594 million, up 43%. Cash stood at $264 million, and backlog was $2.92 billion.
Unisys Q3 earnings call highlights. Unisys (NYSE:UIS) raised its full-year revenue outlook after third-quarter sales and adjusted operating profit exceeded its expectations, as new work with existing customers helped offset the impact of earlier client losses. The technology services company reported third-quarter revenue of $472 million, up 2.5% from a year earlier, or 0.6% in constant currency. Revenue was more than $20 million above the outlook management provided in July, Chief Financial Officer Deb McCann said on the earnings call. Unisys now expects full-year revenue to decline 1.5% to 3% in constant currency, compared with its prior forecast for a decline of 3.5% to 5%. The company maintained its forecast for a non-GAAP operating profit margin of 9% to 11% and free cash flow of approximately negative $25 million. New business offsets client attrition. Technology Solutions and Services, or TS&S, revenue rose 2.6% to $387 million, or 0.9% in constant currency. The result exceeded the company's approximately $370 million expectation, with new business from existing clients partially offset by lower volumes tied to previously identified client attrition. Total contract value signed in the quarter was $594 million, up 43% year over year. New business accounted for $221 million, an increase of 78%, while TS&S renewal contract value rose 20% to $275 million. Backlog ended the quarter at $2.92 billion, up 3% from a year earlier. CEO and President Mike Thomson said the company has largely worked through a renewal cycle in which artificial intelligence-related efficiencies put pressure on pricing for the same scope of work. In many cases, customers added services or geographic coverage, helping offset that pressure, he said. Thomson said the effects of past client losses are expected to begin lapping in the second half of 2027. He also said the timing of sustained TS&S growth will depend partly on closing new deals in the fourth quarter. Among recent customer agreements, Thomson highlighted a global service desk contract with Heineken and renewals with a U.S. state agency, a U.S. defense contractor and a global bank in Mexico. He also said the qualified new business pipeline grew sequentially for a third consecutive quarter. Profit improves, but workplace margins remain under pressure. Third-quarter non-GAAP operating profit was $34 million, representing a 7.2% margin, up from 5.4% a year earlier and above the approximately 4% margin Unisys had forecast. McCann attributed the outperformance in part to higher ClearPath margins. On a GAAP basis, operating profit was $24 million, compared with a $34 million loss a year earlier that included a $55 million non-cash goodwill impairment charge. The company reported a net loss of $201 million, or $2.76 per diluted share, including a $151 million after-tax non-cash pension settlement expense. Adjusted net loss was $8.5 million, or 12 cents per share. Digital Workplace Solutions revenue rose 1.7% in constant currency to $130 million, but its gross margin fell to 9.5% from 16.2%. McCann cited client attrition, a greater hardware contribution and costs associated with transitioning a large new client. Thomson said he could not quantify the separate effects of those factors, but characterized hardware mix and intentional investment as the larger portion of the margin pressure. He said new workplace business signed in the quarter was expected to be margin accretive. ClearPath renewals and cash flow. ClearPath revenue was $84 million in the third quarter, above the approximately $80 million management had expected. Unisys reaffirmed its forecast for approximately $425 million in ClearPath revenue for 2026 and an average of approximately $400 million annually in 2027 and 2028. The revised outlook implies fourth-quarter company revenue of approximately $570 million, including about $205 million from ClearPath. Thomson said he had a high degree of confidence in the expected renewals, many of which are tied to calendar year-end. Cash collection timing remains a consideration. McCann said the full-year free cash flow forecast assumes most cash from those signings arrives in the fourth quarter, although late renewals could shift collections into early 2027. Third-quarter free cash flow was negative $58 million, compared with positive $20 million a year earlier, when the company received a one-time $25 million legal settlement. Unisys ended September with $264 million in cash, down from $414 million at year-end. Its $125 million asset-based revolver remained undrawn, and the company has no meaningful debt maturities before 2031, McCann said. Pension reduction efforts continue. During the quarter, Unisys purchased an annuity that transferred approximately $200 million of projected U.S. defined-benefit pension liabilities and a similar amount of plan assets to an insurer. McCann said the transaction did not materially affect the pension deficit or use company cash, but reduced gross liabilities and ongoing maintenance costs. The company has reduced approximately $520 million of U.S. qualified plan liabilities since July 2025 toward a roughly $600 million target, McCann said. Unisys expects another transaction in the first half of 2027 to substantially achieve that objective and said it could be positioned to fully remove its U.S. defined-benefit plans in the next three to four years, subject to continued operational and financial execution. About Unisys (NYSE:UIS). Unisys Corporation (NYSE:UIS) is a global information technology services and solutions company that helps organizations modernize and manage their technology environments. Its offerings include cloud services, infrastructure modernization, cybersecurity, digital workplace solutions, application services and business process services. The company serves commercial businesses, governments and other public-sector organizations across North America, Europe, the Asia-Pacific region and Latin America.
Unisys and Cushman & Wakefield named Paragon Champions for Excellence at 2026 ISG Paragon Awards(TM). Oct 29, 2026, 09:00 ET Cloud migration and AI-powered service desk deliver more than $35 million in five-year savings to the client BLUE BELL, Pa., Oct. 29, 2026 /PRNewswire/ - Unisys (NYSE: UIS) and client Cushman & Wakefield, a global commercial real estate services leader, have been named Paragon Champions in the Excellence category of the 2026 ISG Paragon Awards(TM). Presented by global AI-centered technology research and advisory firm Information Services Group (ISG), the award recognized the organizations for Outstanding Business Impact. With Unisys as a strategic partner, Cushman & Wakefield migrated four on-premises data centers to Microsoft Azure and deployed AI-powered service desk solutions, transforming operations for more than 52,000 employees across nearly 60 countries. The collaboration delivered 99.99% infrastructure availability, a 73% drop in major incidents, a 40% reduction in time to resolution, a 13% rise in automated resolutions, and more than $35 million in five-year savings. "This award reflects what's possible when a client and provider work as one team," said Chris Arrasmith, chief operating officer of Unisys. "Together with Cushman & Wakefield, we've built a secure cloud foundation and an AI-powered service that grows with the business, and we're proud that ISG recognized the measurable results they deliver." Today, Unisys supports Cushman & Wakefield across infrastructure, workplace, security and program management areas. Services include a 24/7/365 AI-powered Agentic Service Desk, Unisys Enterprise Service Management on the ServiceNow AI Platform. Unisys also provided 24/7 security operations center monitoring and has cleaned up more than 100,000 unused resources to tighten security and control costs. "Our partnership with Unisys has been about far more than technology modernization," said Simon Springett, chief technology officer, Cushman & Wakefield. "A shared focus on delivering meaningful business outcomes has helped us fundamentally strengthen the digital foundation of Cushman & Wakefield through our cloud transformation and enhanced cybersecurity capabilities. These efforts have helped create a more resilient, agile and innovative global business. The progress we've achieved together has created a strong platform for future growth, and we're excited to build on that momentum by leveraging AI, automation, analytics and cloud technologies to deliver even greater outcomes for our clients and colleagues." The Excellence category honors service providers that deliver exceptional client outcomes, innovative solutions and strong partnership value. This is the first year Unisys has won a Paragon Award in the Excellence category; previously, the company won in the Impact, Workplace of the Future, Transformation and Innovation categories. About Unisys Unisys is a global technology solutions company that powers breakthroughs for the world's leading organizations. Our solutions - cloud, AI, digital workplace, applications and enterprise computing - help our clients challenge the status quo and unlock their full potential. To learn how we have been helping clients push what's possible for more than 150 years, visit unisys.com and follow us on LinkedIn. RELEASE NO.: 1029/10078 Unisys and other Unisys products and services mentioned herein, as well as their respective logos, are trademarks or registered trademarks of Unisys Corporation. Any other brand or product referenced herein is acknowledged to be a trademark or registered trademark of its respective holder. SOURCE Unisys Corporation
Unisys and Cushman & Wakefield named Paragon Champions for Excellence at 2026 ISG Paragon Awards(TM). Cloud migration and AI-powered service desk deliver more than $35 million in five-year savings to the client BLUE BELL, Pa., Oct. 29, 2026 - Unisys (NYSE: UIS) and client Cushman & Wakefield, a global commercial real estate services leader, have been named Paragon Champions in the Excellence category of the 2026 ISG Paragon Awards(TM). Presented by global AI-centered technology research and advisory firm Information Services Group (ISG), the award recognized the organizations for Outstanding Business Impact. With Unisys as a strategic partner, Cushman & Wakefield migrated four on-premises data centers to Microsoft Azure and deployed AI-powered service desk solutions, transforming operations for more than 52,000 employees across nearly 60 countries. The collaboration delivered 99.99% infrastructure availability, a 73% drop in major incidents, a 40% reduction in time to resolution, a 13% rise in automated resolutions, and more than $35 million in five-year savings. This award reflects what's possible when a client and provider work as one team," said Chris Arrasmith, chief operating officer of Unisys. "Together with Cushman & Wakefield, we've built a secure cloud foundation and an AI-powered service that grows with the business, and we're proud that ISG recognized the measurable results they deliver." Today, Unisys supports Cushman & Wakefield across infrastructure, workplace, security and program management areas. Services include a 24/7/365 AI-powered Agentic Service Desk, Unisys Enterprise Service Management on the ServiceNow AI Platform. Unisys also provided 24/7 security operations center monitoring and has cleaned up more than 100,000 unused resources to tighten security and control costs. "Our partnership with Unisys has been about far more than technology modernization," said Simon Springett, chief technology officer, Cushman & Wakefield. "A shared focus on delivering meaningful business outcomes has helped us fundamentally strengthen the digital foundation of Cushman & Wakefield through our cloud transformation and enhanced cybersecurity capabilities. These efforts have helped create a more resilient, agile and innovative global business. The progress we've achieved together has created a strong platform for future growth, and we're excited to build on that momentum by leveraging AI, automation, analytics and cloud technologies to deliver even greater outcomes for our clients and colleagues." The Excellence category honors service providers that deliver exceptional client outcomes, innovative solutions and strong partnership value. This is the first year Unisys has won a Paragon Award in the Excellence category; previously, the company won in the Impact, Workplace of the Future, Transformation and Innovation categories. About Unisys Unisys is a global technology solutions company that powers breakthroughs for the world's leading organizations. Its solutions - cloud, AI, digital workplace, applications and enterprise computing - help its clients challenge the status quo and unlock their full potential. To learn how Unisys has been helping clients push what's possible for more than 150 years, visit unisys.com and follow Unisys on LinkedIn. Heather Gries, Unisys RELEASE NO.: 1029/10078 Unisys and other Unisys products and services mentioned herein, as well as their respective logos, are trademarks or registered trademarks of Unisys Corporation. Any other brand or product referenced herein is acknowledged to be a trademark or registered trademark of its respective holder. Suggested news release. See how Unisys is shaping the future of AI, Cloud and Digital Transformation. Ready to see what's possible? Connect with its experts to discuss the specific outcomes you aspire to achieve. Unisys'll explore solutions tailored to your objectives, operations, and industry.
Unisys gains ground in cloud infrastructure rankings. BLUE BELL, PA - Unisys Corp. (NYSE: UIS) increased its leadership designations in a 2026 assessment of private and hybrid cloud infrastructure providers, strengthening its competitive position in managed cloud services and artificial intelligence-ready infrastructure across U.S. commercial, public-sector and U.K. markets. The Blue Bell-based technology services company received five Leader designations in the 2026 ISG Provider Lens Private/Hybrid Cloud - Data Center Services reports, up from four in 2025. The results mark the sixth consecutive year Unisys has received Leader recognition from Information Services Group, which evaluates technology service providers based on their capabilities, market presence and competitive positioning. Discover more Chester County events Chester County businesses School district news The additional designation reflects Unisys' standing in a market where businesses and government agencies are seeking to modernize data centers, support AI workloads and maintain reliable technology operations. Unisys earned two Leader designations in the U.S. commercial market, two in the U.S. public sector and one in the U.K. midmarket. In the U.S. commercial market, the company was recognized for AI-ready infrastructure managed services for midsize organizations and for managed cloud hosting and resilient infrastructure services. The first category evaluates providers supporting data center modernization and hybrid cloud operations capable of accommodating AI applications. The second focuses on integrated cloud hosting, disaster recovery and infrastructure optimization for complex enterprise environments. Unisys also received Leader designations in two U.S. public-sector categories covering AI-ready infrastructure management and managed cloud hosting. Discover more Local news subscription Community website advertising Chester County directory Those assessments address technology services for state and local governments and educational institutions, where infrastructure modernization must account for governance requirements, operational accountability and continuity of service. In the U.K., Unisys earned Leader recognition for AI-ready infrastructure managed services targeting midsize organizations. The assessment cited the company's use of AI-supported operations and technology evaluations to identify modernization opportunities and improve hybrid cloud environments. Chris Arrasmith, chief operating officer of Unisys, said customers are placing greater emphasis on infrastructure that can support AI applications without compromising security or operational reliability. "Organizations are looking for infrastructure environments that can support growing AI demands while remaining secure, resilient and cost-efficient," Arrasmith said. The company also received Product Challenger classifications in three additional categories: AI-ready infrastructure managed services for large accounts in the U.S. and U.K., and managed cloud hosting and resilient infrastructure services in the U.K. Discover more Read Local News Map Live Routes Read Newspapers ISG uses the Product Challenger designation for providers with established technical capabilities and service portfolios that are continuing to develop their market presence. The distinction places Unisys below the Leader category in those market segments while recognizing its existing service capabilities. Shashank Rajmane, senior manager and principal analyst at ISG, cited Unisys' approach to combining infrastructure modernization with ongoing operational management. "Unisys differentiates itself through its ability to translate hybrid infrastructure transformation into a governed operating model by addressing hosting, recovery and optimization as a single service," Rajmane said. The assessment highlights the growing importance of integrated infrastructure services as enterprises balance AI adoption, cloud modernization, cybersecurity and disaster recovery requirements. For Unisys, the five Leader designations provide third-party recognition of its capabilities in those markets, particularly among midsize commercial customers and U.S. public-sector organizations. Support the local news that supports Chester County. MyChesCo delivers reliable, fact-based reporting and essential community resources - free for everyone. If you value that, click here to become a patron today. Discover more Business news subscription Read Daily News
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About Unisys
Industries
Company Size
1-10
Company Stage
IPO
Headquarters
Bethel Township, Pennsylvania
Founded
1984
Unisys is Hiring for 417 Jobs on Simplify!
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs