Unisys Q2 Revenue Drops 2%, But New Business Signings Surge 57% and Guidance Reaffirmed
UIS sits 72% above its 52-week low of $1.97.
Summary
Unisys Q2 revenue declined 2% YoY to $473.5M, with a $47.2M goodwill impairment driving a GAAP operating loss. New business TCV surged 57% to $192M, and full-year guidance was reaffirmed.
Key Events · Earnings and Guidance · UIS
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Q2 Revenue Down 2%
Revenue of $473.5M, down 2.0% YoY (5.2% in constant currency), driven by timing of ClearPath license renewals.
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$47.2M Goodwill Impairment
Non-cash charge fully wrote off remaining goodwill in the Digital Workplace Solutions (DWS) unit, contributing to a GAAP operating loss of $32.9M.
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New Business TCV Surges 57%
New business total contract value reached $192M, up 57% YoY, signaling strong client demand and future revenue potential.
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Full-Year Guidance Reaffirmed
Company maintained raised 2026 guidance: constant currency revenue decline of 3.5%–5.0% and non-GAAP operating profit margin of 9.0%–11.0%.
Analysis · UIS · Technology
Unisys reported mixed Q2 2026 results: revenue fell 2% to $473.5M, and a $47.2M goodwill impairment pushed GAAP operating income to a $32.9M loss. However, new business signings jumped 57% to $192M in TCV, and the company reaffirmed its recently raised full-year guidance. The impairment is a non-cash charge reflecting challenges in the Digital Workplace Solutions unit, but the strong bookings and maintained outlook suggest underlying demand is improving.
At the time of this filing, UIS was trading at $3.39 on NYSE in the Technology sector, with a market capitalization of approximately $252.3M. The 52-week trading range was $1.97 to $4.98. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.