Unisys (UIS) Q3 FY2026 earnings: revenue $472 million, up 2.5% on the year

Unisys Corp. (UIS) reported revenue of $472 million for Q3 FY2026, the quarter ended 30 September 2026, up 2.5% on the same quarter a year earlier. Net income was -$201 million, and diluted earnings per share $-2.76. The figures are the company's own, from the 10-Q it filed with the SEC on 5 November 2026.

Revenue

$472 million

+2.5% on the year · -0.4% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

5.0%

-7.3% a year earlier

Q4 FY2024Q3 FY2026

Net income

-$201 million

Q4 FY2024Q3 FY2026

Diluted EPS

-$2.76

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 3 raised, 3 kept.

Revenue grew 2.5% year over year: Revenue was $471.5 million, up 2.5% year over year and up 0.6% in constant currency, compared with $460.2 million in the third quarter of 2025.
Full-year revenue guidance raised: Management raised 2026 constant currency revenue growth guidance to (3.0)% to (1.5)% from (5.0)% to (3.5)%, and reaffirmed non-GAAP operating profit margin guidance of 9.0% to 11.0%.
Non-GAAP operating margin rose: Non-GAAP operating profit margin was 7.2%, up 180 bps from 5.4% a year earlier. Operating profit margin was 5.0%, compared with a loss margin of 7.3%.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	472	474	460	-0.4%	+2.5%
Cost of revenue	346	356	343	-3.0%	+0.7%
Gross profit	126	117	117	+7.4%	+7.5%
Gross margin	26.7%	24.8%	25.5%
Research and development	7.2	5.8	4.8	+24.1%	+50.0%
Selling, general and administrative	95.1	95.7	90.9	-0.6%	+4.6%
Operating income	23.7	-32.9	-33.5
Operating margin	5.0%	-6.9%	-7.3%
Interest expense	19.0	18.3	18.2	+3.8%	+4.4%
Pre-tax income	-178	-79.8	-293
Income tax	21.8	15.8	16.3	+38.0%	+33.7%
Net income	-201	-95.3	-309
Net margin	-42.6%	-20.1%	-67.1%
Diluted EPS	-$2.76	-$1.31	-$4.33

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	-35.8	-26.3	38.0
Capital expenditure	10.6	12.0	5.6	-11.7%	+89.3%
Free cash flow	-46.4	-38.3	32.4
Free cash flow margin	-9.8%	-8.1%	7.0%
Cash from investing	-21.6	-23.0	-11.6
Cash from financing	1.5	-8.6	-2.2
Depreciation and amortisation	5.2	5.5	5.6	-5.5%	-7.1%
Share-based compensation	2.6	3.1	2.5	-16.1%	+4.0%
Diluted shares, weighted	73m	73m	71m	+0.0%	+2.3%
Shares outstanding at period end	73m	73m	71m	+0.0%	+2.3%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	-425	-367	-300
Non-controlling interest	16.8	15.5	15.1	+8.4%	+11.3%
Debt	731	734	735	-0.3%	-0.5%
Operating lease liabilities	28.6	25.3	34.4	+13.0%	-16.9%
Other liabilities	1,231	1,235	1,260	-0.3%	-2.3%
Total liabilities and equity	1,582	1,642	1,744	-3.6%	-9.2%
Fixed assets	58.4	56.7	54.2	+3.0%	+7.7%
Goodwill	147	147	194	0.0%	-24.4%
Intangible assets	26.8	27.7	32.3	-3.2%	-17.0%
Cash and equivalents	264	324	322	-18.5%	-17.9%
Inventory	20.2	16.4	18.2	+23.2%	+11.0%
Other assets	1,066	1,070	1,123	-0.3%	-5.1%
Total assets	1,582	1,642	1,744	-3.6%	-9.2%

Questions

What was Unisys' revenue in Q3 FY2026?

Unisys (UIS) reported revenue of $472 million for Q3 FY2026, the quarter ended 30 September 2026, up 2.5% on the same quarter a year earlier.

How much did Unisys earn in Q3 FY2026?

Net loss for Q3 FY2026 was $201 million, and the diluted loss per share $2.76.

When did Unisys report Q3 FY2026 results?

Unisys filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 5 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024 †	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	539	447	515	461	557	516	477	465	558	488	478	497	545	432	483	460	574	438	474	472
Cost of revenue	376	359	367	357	367	357	361	369	376	352	348	352	370	325	353	343	380	325	356	346
Gross profit	164	87.4	148	104	190	159	116	95.3	181	136	130	145	175	108	130	117	195	112	117	126
Gross margin	30%	20%	29%	23%	34%	31%	24%	21%	32%	28%	27%	29%	32%	25%	27%	25%	34%	26%	25%	27%
R&D	9.4	6.5	4.8	6.0	6.9	6.2	5.4	4.3	8.2	6.1	4.9	6.5	7.7	5.6	6.1	4.8	8.1	4.8	5.8	7.2
SG&A	110	104	110	106	133	103	110	108	129	112	101	91.9	119	96.8	93.6	90.9	110	91.5	95.7	95.1
Operating income	44.5	-23.5	33.7	-8.0	50.0	49.9	0.1	-17.1	44.0	17.7	23.6	7.5	48.6	5.1	30.3	-33.5	76.6	16.2	-32.9	23.7
Operating margin	8%	-5%	7%	-2%	9%	10%	0%	-4%	8%	4%	5%	2%	9%	1%	6%	-7%	13%	4%	-7%	5%
Interest expense	8.4	8.4	8.3	7.9	7.8	7.6	7.5	7.8	7.9	7.9	7.9	7.9	8.2	8.2	8.2	18.2	18.8	18.5	18.3	19.0
Pre-tax income	-110	-52.9	3.5	-39.2	26.0	-155	-24.1	-28.5	-141	-132	6.3	-8.6	59.3	-20.0	0.0	-293	40.7	-23.1	-79.8	-178
Tax rate	n/a	n/a	580%	n/a	66%	n/a	n/a	n/a	n/a	n/a	298%	n/a	49%	n/a	n/a	n/a	51%	n/a	n/a	n/a
Net income	-131	-57.3	-17.1	-40.1	8.5	-175	-40.0	-50.0	-165	-150	-12.0	-61.9	30.0	-29.5	-20.1	-309	18.7	-35.8	-95.3	-201
Net margin	-24%	-13%	-3%	-9%	2%	-34%	-8%	-11%	-30%	-31%	-3%	-12%	6%	-7%	-4%	-67%	3%	-8%	-20%	-43%
Diluted EPS	-$1.92	-$0.85	-$0.25	-$0.59	$0.12	-$2.58	-$0.59	-$0.73	-$2.42	-$2.18	-$0.17	-$0.89	$0.41	-$0.42	-$0.28	-$4.33	$0.25	-$0.50	-$1.31	-$2.76
Operating cash flow	68.0	-33.0	-33.7	44.5	34.9	12.8	42.5	-4.1	23.0	23.8	2.7	32.0	76.6	33.3	-316	38.0	105	-4.4	-26.3	-35.8
Capital expenditure	7.6	5.2	8.8	7.5	9.5	7.3	4.6	3.5	5.9	6.7	5.1	3.7	5.0	8.9	7.9	5.6	n/a	10.7	12.0	10.6
Free cash flow	60.4	-38.2	-42.5	37.0	25.4	5.5	37.9	-7.6	17.1	17.1	-2.4	28.3	71.6	24.4	-324	32.4	n/a	-15.1	-38.3	-46.4
Shares outstanding	67m	68m	68m	68m	68m	68m	68m	68m	68m	69m	69m	69m	70m	71m	71m	71m	71m	73m	73m	73m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 5 November 2026: the filing.