earnings
confidence high
sentiment negative
materiality 0.75
Unisys Q2 2026: operating loss of $32.9M, goodwill impairment of $47.2M; revenue down 2% YoY
UNISYS CORP
- Revenue $473.5M, down 2.0% YoY; net loss $95.3M vs $20.1M loss in Q2 2025.
- Non-cash goodwill impairment of $47.2M in DWS reporting unit; DWS gross margin fell 610 bps to 10.8%.
- New business TCV $192M, up 57% YoY; TS&S revenue up 2.0% YoY to $403.8M.
- Reaffirmed FY2026 constant currency revenue growth guidance of (5.0)% to (3.5)% and non-GAAP operating margin 9-11%.
- Cash and equivalents $324.3M; adjusted free cash flow ($9.4M) vs ($49.4M) in Q2 2025.