Tearsheet

Unisys (UIS)

Market Price (12/4/2025): $2.81 | Market Cap: $200.4 Mil
Sector: Information Technology | Industry: IT Consulting & Other Services

Unisys (UIS)

Market Price (12/4/2025): $2.81
Market Cap: $200.4 Mil
Sector: Information Technology
Industry: IT Consulting & Other Services

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Megatrend and thematic drivers Megatrends include Cybersecurity, Cloud Computing, and Automation & Robotics. Themes include Cloud Security, Show more.	Weak multi-year price returns 2Y Excs Rtn is -95%, 3Y Excs Rtn is -105%	Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 161%
1			Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -4.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.7%, Rev Chg QQuarterly Revenue Change % is -7.4%
2			Not cash flow generative CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -8.8%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -12%
3			Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -122%

0	Megatrend and thematic drivers Megatrends include Cybersecurity, Cloud Computing, and Automation & Robotics. Themes include Cloud Security, Show more.
1	Weak multi-year price returns 2Y Excs Rtn is -95%, 3Y Excs Rtn is -105%
2	Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 161%
3	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -4.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.7%, Rev Chg QQuarterly Revenue Change % is -7.4%
4	Not cash flow generative CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -8.8%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -12%
5	Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -122%

Valuation, Metrics & Events

	12/4/25	2024	2023	2022	2021
Share Price CYE	$2.81	$6.33	$5.62	$5.11	$20.57
Market Cap CYE ($ Mil)	200.4	439.7	384.4	346.4	1,381.7
Total Debt ($ Mil)	769.3	537.1	548.9	568.8	610.9
Total Cash ($ Mil)	321.9	376.5	387.7	391.8	552.9
Enterprise Value ($ Mil)	647.8	976.8	933.3	915.2	1,992.6
Valuation Ratios
P/S TTM	0.1	0.2	0.2	0.2	0.7
P/EBIT TTM	-1.3	-10.1	-1.2	-11.4	-3.2
P/E TTM	-0.9	-2.3	-0.9	-3.3	-3.0
Sector Ratios
P/S TTM (Sector)	3.2	3.2	2.9	2.6	4.7
P/EBIT TTM (Sector)	0.4	-0.0	-0.1	-0.7	3.1
P/E TTM (Sector)	-0.5	-0.3	-0.4	-0.8	0.1

	12/4/25	2024	2023
Share Price CYE	$2.81	$6.33	$5.62
Market Cap CYE ($ Mil)	200.4	439.7	384.4
Total Debt ($ Mil)	769.3	537.1	548.9
Total Cash ($ Mil)	321.9	376.5	387.7
Enterprise Value ($ Mil)	647.8	976.8	933.3
Valuation Ratios
P/S TTM	0.1	0.2	0.2
P/EBIT TTM	-1.3	-10.1	-1.2
P/E TTM	-0.9	-2.3	-0.9
Sector Ratios
P/S TTM (Sector)	3.2	3.2	2.9
P/EBIT TTM (Sector)	0.4	-0.0	-0.1
P/E TTM (Sector)	-0.5	-0.3	-0.4

	UIS	S&P 500
REVENUE GROWTH	VERY POOR
Rev LTM ($ Bil)	1.9
Rev Chg Q	-7.4%	7.1%
Rev Chg LTM	-4.9%	6.1%
Rev Chg 3Y Avg	-0.7%	5.5%
PROFITABILITY	VERY POOR
Op Inc LTM ($ Bil)	0.0
CFO LTM ($ Bil)	-0.2
Net Inc LTM ($ Bil)	-0.3
Op Mgn LTM	2.3%	18.8%
CFO/Rev LTM	-8.8%	20.5%
Net Inc Mgn	-17.1%	13.1%
VALUATION	VERY LOW
P/S	0.1	3.2
P/CFO	-1.7	15.8
P/FCF	-1.2	20.5
P/E	-0.9	23.5
STABILITY	POOR
Debt/Equity	2.72	0.20
Cash/Assets	0.18	0.07

AI Generated Analysis | Feedback

Metric	Value	Date	Source
Backlog	$2.84 billion	12312024	Link
New Business Total Contract Value (TCV)	$791 million	12312024	Link
Voluntary Attrition Rate	11.8%	10302024	Link
Client Renewal Rate	95 plus percent range	10302024	Link
Sequential Project Pipeline Increase	9%	10302024	Link
Ex-L&S New Business Pipeline Growth (Year-over-Year)	19%	2212024	Link
Number of Employees	15,900	12312024	Link

Recent
11/05/2025	Earnings Release	Rev: $460 Mil (A) vs. $571 Mil (E) EPS: -0.08 (A) vs. $-0.27 (E)
Upcoming
2/17/2026	Earnings Release	Rev: - EPS: -

UIS Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

AI Generated Analysis | Feedback

Information regarding specific stock movements and their underlying causes for Unisys (UIS) for the period between August 31, 2025, and December 4, 2025, is not available, as this timeframe is in the future and access to future market data or events is beyond my current capabilities.

Stock Movement Drivers

Fundamental Drivers

The -27.9% change in UIS stock from 9/3/2025 to 12/3/2025 was primarily driven by a -26.5% change in the company's P/S Multiple.

	9032025	12032025	Change
Stock Price ($)	3.83	2.76	-27.94%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1957.80	1921.00	-1.88%
P/S Multiple	0.14	0.10	-26.52%
Shares Outstanding (Mil)	71.26	71.30	-0.06%
Cumulative Contribution			-27.94%

LTM = Last Twelve Months as of date shown

Market Drivers

9/3/2025 to 12/3/2025

	Return	Correlation
UIS	-27.9%
Market (SPY)	6.2%	53.1%
Sector (XLK)	11.0%	44.9%

Fundamental Drivers

The -39.1% change in UIS stock from 6/4/2025 to 12/3/2025 was primarily driven by a -37.0% change in the company's P/S Multiple.

	6042025	12032025	Change
Stock Price ($)	4.53	2.76	-39.07%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1952.70	1921.00	-1.62%
P/S Multiple	0.16	0.10	-37.01%
Shares Outstanding (Mil)	70.11	71.30	-1.70%
Cumulative Contribution			-39.09%

LTM = Last Twelve Months as of date shown

Market Drivers

6/4/2025 to 12/3/2025

	Return	Correlation
UIS	-39.1%
Market (SPY)	15.1%	53.6%
Sector (XLK)	22.7%	42.8%

Fundamental Drivers

The -66.4% change in UIS stock from 12/3/2024 to 12/3/2025 was primarily driven by a -63.6% change in the company's P/S Multiple.

	12032024	12032025	Change
Stock Price ($)	8.21	2.76	-66.38%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	2020.60	1921.00	-4.93%
P/S Multiple	0.28	0.10	-63.65%
Shares Outstanding (Mil)	69.36	71.30	-2.80%
Cumulative Contribution			-66.41%

LTM = Last Twelve Months as of date shown

Market Drivers

12/3/2024 to 12/3/2025

	Return	Correlation
UIS	-66.4%
Market (SPY)	14.3%	48.9%
Sector (XLK)	23.1%	47.9%

Fundamental Drivers

The -40.0% change in UIS stock from 12/4/2022 to 12/3/2025 was primarily driven by a -35.5% change in the company's P/S Multiple.

	12042022	12032025	Change
Stock Price ($)	4.60	2.76	-40.00%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1962.20	1921.00	-2.10%
P/S Multiple	0.16	0.10	-35.54%
Shares Outstanding (Mil)	67.79	71.30	-5.18%
Cumulative Contribution			-40.16%

LTM = Last Twelve Months as of date shown

Market Drivers

12/4/2023 to 12/3/2025

	Return	Correlation
UIS	-47.9%
Market (SPY)	53.2%	37.5%
Sector (XLK)	60.2%	33.5%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
UIS Return	66%	5%	-75%	10%	13%	-58%	-78%
Peers Return	-5%	23%	-31%	-9%	18%	-14%	-26%
S&P 500 Return	16%	27%	-19%	24%	23%	16%	112%
Monthly Win Rates [3]
UIS Win Rate	50%	67%	50%	50%	58%	30%
Peers Win Rate	44%	57%	31%	50%	46%	32%
S&P 500 Win Rate	58%	75%	42%	67%	75%	70%
Max Drawdowns [4]
UIS Max Drawdown	-28%	-9%	-80%	-49%	-38%	-62%
Peers Max Drawdown	-34%	-18%	-54%	-34%	-23%	-44%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: VMEO, EVER, FC, FORR, BAO. See UIS Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)

How Low Can It Go

Unique Key	Event	UIS	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-90.7%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	970.3%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	Not Fully Recovered days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-52.0%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	108.3%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	278 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-68.9%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	221.7%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	492 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-96.6%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	2809.1%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	Not Fully Recovered days	1480 days

Compare to VMEO, EVER, FC, FORR, BAO

In The Past

Unisys's stock fell -90.7% during the 2022 Inflation Shock from a high on 6/8/2021. A -90.7% loss requires a 970.3% gain to breakeven.

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About Unisys (UIS)

Unisys Corporation, together with its subsidiaries, operates as an information technology services company worldwide. It operates in Digital Workplace Solutions (DWS); Cloud and Infrastructure Solutions (C&I); and Enterprise Computing Solutions (ECS) segments. The DWS segment provides solutions that transform digital workplaces securely and create exceptional end-user experiences. The C&I segment offers solutions that drive modern IT service platforms, cloud applications development, intelligent services, and cybersecurity services. The ECS segment provides solutions that harness secure, continuous high-intensity computing, and enable digital services through software-defined operating environments. Its solutions include Unisys InteliServe, a service solution that transforms traditional service desk into an intelligent, user-centric experience aligned with the needs of the modern digital workplace; Unisys CloudForte, a comprehensive managed service offering to help accelerate the secure move of data and applications to the cloud; PowerSuite, a packaged software tool used by enterprise IT to monitor, analyze, troubleshoot and secure collaboration, and communications multi-platform environments; Unisys ClearPath Forward, a software operating environment for high-intensity enterprise computing; and Unisys Stealth security software, which enables trusted identities to access micro-segmented critical assets and safely communicate through secure and encrypted channels. In addition, the company provides industry solutions, which help law enforcement agencies solve crime; social services case workers assist families; travel and transportation companies manage freight and distribution; and financial institutions deliver omnichannel banking. It serves customers in the government, financial services, and commercial markets through direct sales force, distributors, resellers, and alliance partners. Unisys Corporation was founded in 1886 and is based in Blue Bell, Pennsylvania.

AI Generated Analysis | Feedback

Similar to IBM's enterprise IT services arm, focused on critical IT infrastructure for large organizations and governments.

Like a specialized Accenture or DXC Technology, providing digital transformation and managed IT services for complex client environments.

AI Generated Analysis | Feedback

Digital Workplace Services: Provides solutions to enhance employee experience and productivity through unified communications, desktop management, and support services.
Cloud and Infrastructure Services: Delivers managed services for public, private, and hybrid cloud environments, along with IT infrastructure management and modernization.
Application Services: Offers services for developing, modernizing, integrating, and managing business applications across various platforms.
Enterprise Computing Solutions: Includes their ClearPath Forward® software and server platforms, along with related specialized services for mission-critical operations.
Security Solutions: Provides a range of cybersecurity services, including consulting, managed security, and identity and access management to protect digital assets.

AI Generated Analysis | Feedback

Unisys (UIS) is a global information technology company that sells primarily to other companies (B2B) and government entities (B2G), rather than directly to individuals. While Unisys does not publicly disclose individual major customer companies by name due to client confidentiality and the diversified nature of its customer base (no single client accounts for more than 10% of its revenue), it focuses on providing solutions and services to clients within specific key sectors. These sectors represent its major customer categories:

Government Entities: This includes U.S. Federal agencies, as well as state, local, and international government organizations.
Financial Services Companies: Clients in this sector typically include banks, credit unions, insurance companies, and other capital markets firms.
Commercial Enterprises: This broad category encompasses various industries, including:
- Transportation Companies: Such as airlines and logistics providers.
- Life Sciences & Healthcare Companies: Including pharmaceutical companies and healthcare providers.
- Other large enterprises across diverse commercial markets.

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Microsoft (MSFT)
Amazon Web Services (AMZN)
Google Cloud (GOOGL)
ServiceNow (NOW)
Dell Technologies (DELL)
Palo Alto Networks (PANW)

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Peter A. Altabef, Chairman & CEO

Peter A. Altabef has served as Chairman of the Board of Unisys since April 2018 and as CEO since January 2015. He also held the position of President of the company for several periods. Prior to joining Unisys, Mr. Altabef served as President and CEO of MICROS Systems, Inc., which was sold to Oracle for over five billion dollars in 2014. He was also President and CEO of Perot Systems Corporation, and President of Dell Services, Dell's information technology services and business process solutions unit. He became the general counsel of Perot Systems in 1993 and was named the company's president and CEO in 2004.

Mike Thomson, President & Chief Operating Officer (Incoming CEO effective April 1, 2025)

Mike Thomson is currently the President and Chief Operating Officer of Unisys, and will succeed Peter Altabef as CEO on April 1, 2025. He joined Unisys in 2015 as the Corporate Controller and Principal Accounting Officer, became Chief Financial Officer in 2019, and was named President and COO in 2021. Mr. Thomson has over 25 years of experience in progressively senior roles across various industries.

Debra McCann, Executive Vice President & Chief Financial Officer

Debra McCann was appointed Executive Vice President and Chief Financial Officer of Unisys, effective May 2, 2022. In this role, she leads the finance function, including controllership, investor relations, financial planning and analysis (FP&A), treasury, tax, and internal audit. Prior to joining Unisys, Ms. McCann served as Treasurer and Senior Vice President of Investor Relations and Corporate FP&A at Dun & Bradstreet (D&B). Her background also includes roles at Cegedim, IQVIA, and AT&T.

Dwayne Allen, Senior Vice President & Chief Technology Officer

Dwayne Allen serves as Senior Vice President and Chief Technology Officer at Unisys, a position he has held since April 2021. He focuses on strategic growth priorities such as Generative AI and Agentic AI, and is responsible for innovation, intellectual property, patents, and architecture orchestration. Mr. Allen has extensive experience driving digital and IT outcomes across multiple industries globally. His prior executive roles include Global Digital Strategist at Microsoft, CIO at Masonite International, CIO of the Components segment at Cummins Inc., Division Chief Information Officer at Wells Fargo & Co., and Vice President of IT at Fifth Third Bancorp. He has executed over 25 acquisitions and 5 divestitures. He is also currently on the board of directors at Cross Country Healthcare and The Bancorp.

Jeff Renzi, President, Global Sales

Jeff Renzi serves as the President, Global Sales at Unisys, responsible for the company's sales strategy and market expansion. His career spans over 40 years, including leadership roles at Electronic Data Systems (1989-2003), where he was Director of Corporate Sales Leadership. He then joined Perot Systems in 2003 as Executive Vice President and Corporate Officer for Global Sales and Marketing, playing an instrumental role in positioning the company for its acquisition by Dell Corporation. Following the acquisition, he held positions at Dell Services, including Chief Sales Officer for the global services sales organization and Vice President of the commercial and large enterprise group. He also served as Senior Vice President of Sales and Marketing at Arise Virtual Solutions Inc. before joining Unisys in 2014.

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The rapid advancement and adoption of Generative AI and hyper-automation technologies (including low-code/no-code platforms) represent a clear emerging threat to Unisys's core business model. These technologies can significantly automate or augment tasks traditionally performed by human IT service providers, potentially reducing client demand for Unisys's services in areas such as application development and modernization, managed services, helpdesk support, and business process outsourcing. As clients leverage AI-driven tools and automation, they may perform more IT functions in-house or seek more specialized, AI-native providers, thereby commoditizing traditional service offerings and eroding Unisys's market share and profitability.

AI Generated Analysis | Feedback

Unisys Corporation (NYSE: UIS) operates in several key segments, offering a range of IT services and solutions globally. The addressable markets for its main products and services are substantial and are projected to grow significantly in the coming years.

Digital Workplace Solutions (DWS)

Unisys's Digital Workplace Solutions focus on improving employee experience, collaboration, productivity, and IT support. The global digital workplace market was estimated at approximately USD 67.57 billion in 2025 and is projected to reach USD 161.82 billion by 2030, growing at a compound annual growth rate (CAGR) of 19.1% from 2025 to 2030. Other estimates place the global digital workplace market at USD 44.69 billion in 2025, with a projected increase to USD 183.34 billion by 2035, at a CAGR of 15.16%. North America held over 37.0% of the market share in 2024, with the U.S. market specifically expected to grow at a CAGR of 21.1% from 2025 to 2030. The managed digital workplace services market, a subset of DWS, is estimated at USD 56.18 billion in 2025 and is expected to reach USD 76.47 billion by 2030, growing at a CAGR of 6.36%.

Cloud, Applications & Infrastructure Solutions (CA&I)

This segment encompasses cloud migration and management, applications, cloud AI, cybersecurity, and data solutions.

Cloud and Infrastructure Services

The global cloud infrastructure services market was valued at USD 142.35 billion in 2024 and is projected to grow from USD 158.89 billion in 2025 to USD 396.01 billion by 2032, exhibiting a CAGR of 13.9%. Another report estimates the global cloud infrastructure sales at US$314 billion in 2025, projected to reach US$563.1 billion by 2032. The North American market accounted for more than 44% of the global cloud infrastructure services market in 2024. The U.S. cloud infrastructure services market alone was estimated at USD 45.24 billion in 2024 and is projected to reach approximately USD 217.65 billion by 2034, with a CAGR of 17.01% from 2025 to 2034.

Applications and Data Modernization

The global application modernization services market was valued at USD 19.85 billion in 2024 and is projected to grow from USD 22.92 billion in 2025 to reach USD 72.5 billion by 2033, growing at a CAGR of 15.48%. Other sources estimate the market to be worth USD 22.67 billion in 2025 and projected to reach USD 51.45 billion by 2031, with a CAGR of 14.6%. North America is the largest shareholder in this market and is estimated to grow at a CAGR of 14.6% over the forecast period. The broader Application Development and Modernization (ADM) Market is estimated to be USD 16.5 billion in 2025 and is projected to reach USD 48.2 billion by 2035, with a CAGR of 11.3%.

Cybersecurity Services

The global cybersecurity market size was valued at USD 173.5 billion in 2024 and is projected to grow to USD 424.9 billion by 2029, at a CAGR of 19.6% from 2024 to 2029. North America holds the largest share of the cybersecurity market.

Enterprise Computing Solutions (ECS)

Unisys's Enterprise Computing Solutions provide secure, high-performance processing for business operations, including mainframe optimization, application modernization, and cloud transitions. The global enterprise software market was estimated at USD 263.79 billion in 2024 and is projected to reach USD 517.26 billion by 2030, growing at a CAGR of 12.1% from 2025 to 2030. Another estimate places the market value at USD 280.49 billion in 2025, projected to reach USD 761.73 billion by 2034, growing at a CAGR of 11.74% from 2025 to 2034. North America held over 41% of the market share in 2024. The global enterprise software market is also projected to grow from 443.82 USD billion in 2025 to 1153.28 USD billion by 2035, exhibiting a CAGR of 10.02%.

AI Generated Analysis | Feedback

Unisys (UIS) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:

Growth in New Business and New Logo Signings: Unisys has demonstrated strong performance in securing new business, with a 29% increase in New Business Total Contract Value (TCV) in 2024, significantly driven by acquiring new clients. This expansion of their client base is considered a crucial foundation for future revenue growth.
Expansion and Profitability of License and Support (L&S) Solutions: The company anticipates continued positive consumption trends and sustained client commitment to its highly profitable License and Support (L&S) platforms. Unisys has indicated expected incremental revenue upside and a focus on maintaining the profitability of these solutions.
Demand for Modern IT Solutions, including AI, Cloud, and Cybersecurity: Unisys is benefiting from rising demand for digital transformation, AI, and cybersecurity services. The company's investments in providing more modern solutions are gaining traction with both new and existing clients, supporting growth in revenue and diversification of its pipeline.
Improved Performance and Operational Efficiency in Ex-L&S Solutions: While the Ex-L&S (Excluding License and Support) segment has faced some revenue declines, Unisys is actively working to enhance its profitability and delivery efficiency within these solutions. The company expects new business signings in this area to contribute to growth closer to its long-term target rates for Ex-L&S revenue in 2025.
Leveraging Public Sector Spending: Unisys is well-positioned to capitalize on increased IT spending by government agencies. The company has seen significant contributions to its new business signings from U.S. federal agencies and state government projects, with proposed budget increases in these sectors for the coming years indicating further opportunities.

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Share Repurchases

Unisys reported $0 in share repurchases for the trailing twelve months ended June 2025.

Share Issuance

No material equity share issuances have been identified within the last 3-5 years. The increase in common stock issued from 74.0 million shares in 2023 to 75.6 million shares in 2024 represents a negligible dollar amount at a par value of $0.01 per share.

Outbound Investments

Unisys acquired Unify Square on June 3, 2021.
Unisys acquired Mobinergy on November 19, 2021.
The company continues to pursue a "build/partner/buy strategy" to enhance and expand its Next-Gen solution portfolio.

Capital Expenditures

Capital expenditures totaled approximately $40 million year-to-date through Q2 2025, with $20 million in Q1 2025 and $20 million in Q2 2025.
A significant portion of capital expenditures is directed towards the development of its License and Support (L&S) platform solutions.
Unisys maintains a capital-light strategy for its non-License and Support (Ex-L&S) solutions.

Better Bets than Unisys (UIS)

	UIS	Better Performance than UIS
Metric	Value	INDUSTRY: IT Consulting & Other Services
Rev Chg LTM	-4.9%	GIB (8.4%), CTSH (7.4%), ACN (7.4%), FISV (5.2%), IBM (4.5%)
Rev Chg 3Y Avg	-0.7%	GIB (7.4%), FISV (6.8%), ACN (4.2%), IBM (2.6%), CTSH (2.6%)
Op Mgn LTM	2.3%	FISV (28.7%), IBM (17.7%), GIB (16.4%), CTSH (15.7%), ACN (14.7%)
CFO/Rev LTM	-8.8%	FISV (30.0%), IBM (20.6%), ACN (16.5%), CTSH (14.1%), GIB (14.0%)
FCF/Rev LTM	-12.0%	FISV (21.8%), IBM (18.1%), ACN (15.6%), CTSH (12.7%), GIB (12.3%)
Total Yield	-118.1%	ACN (7.4%), CTSH (7.0%), IBM (5.4%), FISV (5.2%), CD (0.0%)
P/S	0.1	TTEC (0.1), INGM (0.1), XRX (0.1), CNDT (0.1)
P/Op Inc	6.3	TTEC (1.9), DXC (3.6), XRX (5.1), INGM (6.1)

	UIS	Better Performance than UIS
Metric	Value	SECTOR: Information Technology
Rev Chg LTM	-4.9%	NVDA (71.6%), AVGO (28.0%), MSFT (15.6%), ORCL (9.7%), AAPL (6.0%)
Rev Chg 3Y Avg	-0.7%	NVDA (92.0%), AVGO (24.0%), MSFT (13.2%), ORCL (10.2%), AAPL (1.8%)
Op Mgn LTM	2.3%	NVDA (58.1%), MSFT (46.3%), AVGO (39.0%), AAPL (31.9%), ORCL (31.6%)
CFO/Rev LTM	-8.8%	MSFT (50.0%), NVDA (46.6%), AVGO (42.4%), ORCL (36.5%), AAPL (26.6%)
FCF/Rev LTM	-12.0%	NVDA (43.6%), AVGO (41.6%), MSFT (26.6%), AAPL (23.5%), ORCL (-10.0%)
Total Yield	-118.1%	MSFT (3.4%), AAPL (3.0%), ORCL (2.8%), NVDA (2.3%), AVGO (1.5%)
P/S	0.1	INGM (0.1), XRX (0.1), RXT (0.1), CSIQ (0.1), CNDT (0.1)
P/Op Inc	6.3	PAGS (0.4), STNE (0.7), DXC (3.6), COMM (4.4), INGM (6.1)

	UIS	Better Performance than UIS
Metric	Value	ALL OTHER SECTORS
Rev Chg LTM	-4.9%	LLY (36.8%), META (21.3%), GOOGL (13.4%), AMZN (10.9%), TSLA (-1.6%)
Rev Chg 3Y Avg	-0.7%	BRK-B (19.8%), META (17.3%), AMZN (11.3%), GOOGL (11.0%), TSLA (9.3%)
Op Mgn LTM	2.3%	META (43.2%), LLY (43.0%), GOOGL (32.2%), AMZN (11.4%), TSLA (5.1%)
CFO/Rev LTM	-8.8%	META (56.8%), GOOGL (39.3%), AMZN (18.1%), TSLA (16.5%), BRK-B (9.8%)
FCF/Rev LTM	-12.0%	META (23.7%), GOOGL (19.1%), TSLA (7.1%), BRK-B (4.8%), AMZN (2.0%)
Total Yield	-118.1%	BRK-B (6.2%), GOOGL (4.6%), META (3.5%), AMZN (3.0%), TSLA (0.4%)
P/S	0.1	SNEX (0.0), CNC (0.1), ACI (0.1), AAL (0.1), M (0.1)
P/Op Inc	6.3	IBKR (3.6), CMCSA (5.2), VZ (5.9), UAL (6.0), DAL (6.1)

		Best Bets In Information Technology Sector
	UIS
What You Pay
P/E	-0.8
P/EBIT	-1.3
What You Get
Rev Chg Q	-7.4%
Rev Chg LTM	-4.9%
Rev Chg 3Y Avg	-0.7%
FCF/Rev 3Y Avg	-3.7%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 24%, alpha of 2.9%, and sharpe of 1.04

Latest Trefis Analyses

	Title	Topic
0	DASHBOARDS
1	With Unisys Stock Sliding, Have You Assessed The Risk?	Return
2	Day 7 of Loss Streak for Unisys Stock with -38% Return (vs. -32% YTD) [2/26/2025]	Notification
3	Day 6 of Loss Streak for Unisys Stock with -35% Return (vs. -29% YTD) [2/25/2025]	Notification
4	Day 5 of Loss Streak for Unisys Stock with -32% Return (vs. -26% YTD) [2/24/2025]	Notification
5	Day 5 of Loss Streak for Unisys Stock with -32% Return (vs. -26% YTD) [2/23/2025]	Notification
6	Day 5 of Loss Streak for Unisys Stock with -32% Return (vs. -26% YTD) [2/22/2025]	Notification
7	Day 5 of Loss Streak for Unisys Stock with -20% Return (vs. 0% YTD) [10/24/2024]	Notification
8	Unisys vs. S&P500 Correlation	Correlation
9	Unisys Price Volatility	Volatility
10	Unisys Total Shareholder Return (TSR): 12.6% in 2024 and -32.5% 3-yr compounded annual returns (below peer average)

	Title
0	ARTICLES

Trade Ideas

Select past ideas related to UIS. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
ENPH_11302025_Dip_Buyer_High_CFO_Margins_ExInd_DE	11302025	ENPH	Enphase Energy	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	1.9%	1.9%	-0.9%
PD_11262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11262025	PD	PagerDuty	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	3.7%	3.7%	0.0%
CRM_11212025_Dip_Buyer_FCFYield	11212025	CRM	Salesforce	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	5.1%	5.1%	-0.1%
HUBS_11212025_Dip_Buyer_High_CFO_Margins_ExInd_DE	11212025	HUBS	HubSpot	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	5.5%	5.5%	0.0%
FIVN_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11212025	FIVN	Five9	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	8.0%	8.0%	0.0%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
ENPH_11302025_Dip_Buyer_High_CFO_Margins_ExInd_DE	11302025	ENPH	Enphase Energy	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	1.9%	1.9%	-0.9%
PD_11262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11262025	PD	PagerDuty	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	3.7%	3.7%	0.0%
CRM_11212025_Dip_Buyer_FCFYield	11212025	CRM	Salesforce	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	5.1%	5.1%	-0.1%
HUBS_11212025_Dip_Buyer_High_CFO_Margins_ExInd_DE	11212025	HUBS	HubSpot	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	5.5%	5.5%	0.0%
FIVN_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11212025	FIVN	Five9	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	8.0%	8.0%	0.0%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
OLMA	Olema Pharmaceuticals	2.3	223.6%	367.4%
COGT	Cogent Biosciences	5.4	152.6%	402.1%
CDTX	Cidara Therapeutics	5.9	115.1%	722.1%
IRWD	Ironwood Pharmaceuticals	0.6	100.5%	-15.8%
TERN	Terns Pharmaceuticals	2.5	95.9%	396.2%
FRGE	Forge Global	0.6	90.3%	217.8%
SGML	Sigma Lithium	1.1	87.3%	-10.6%
INSP	Inspire Medical Systems	4.0	82.8%	-27.3%
NPCE	NeuroPace	0.6	77.2%	48.9%
ALMS	Alumis	0.6	71.9%	-0.3%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
UP	Wheels Up Experience	0.4	-52.7%	-62.4%
CCOI	Cogent Communications	0.9	-51.9%	-72.9%
SMR	NuScale Power	3.0	-50.7%	12.3%
FRMI	Fermi	10.3	-47.5%
AMSC	American Superconductor	1.4	-47.2%	30.1%
TLRY	Tilray Brands	7.5	-46.1%	-46.9%
BTDR	Bitdeer Technologies	2.4	-44.8%	-41.8%
EXOD	Exodus Movement	0.4	-43.1%	-53.3%
STUB	Stubhub	3.5	-39.8%
METC	Ramaco Resources	1.0	-39.4%	66.9%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

Peer Comparisons for Unisys

Peers to compare with:

Financials

	UIS	VMEO	EVER	FC	FORR	BAO	Median
Name	Unisys	Vimeo	EverQuote	Franklin.	Forreste.	BAO
Mkt Price	2.76	-	27.48	15.88	7.09	-	11.48
Mkt Cap	0.2	-	1.0	0.2	0.1	-	0.2
Rev LTM	1,921	-	645	280	412	-	528
Op Inc LTM	44	-	60	22	11	-	33
FCF LTM	-231	-	84	29	19	-	24
FCF 3Y Avg	-70	-	38	31	11	-	21
CFO LTM	-168	-	89	41	22	-	31
CFO 3Y Avg	-0	-	42	43	15	-	29

Growth & Margins

	UIS	VMEO	EVER	FC	FORR	BAO	Median
Name	Unisys	Vimeo	EverQuote	Franklin.	Forreste.	BAO
Rev Chg LTM	-4.9%	-	57.8%	-0.4%	-9.1%	-	-2.7%
Rev Chg 3Y Avg	-0.7%	-	20.7%	3.6%	-7.7%	-	1.5%
Rev Chg Q	-7.4%	-	20.3%	-8.5%	-8.3%	-	-7.9%
QoQ Delta Rev Chg LTM	-1.9%	-	4.8%	-2.2%	-2.4%	-	-2.0%
Op Mgn LTM	2.3%	-	9.3%	8.0%	2.6%	-	5.3%
Op Mgn 3Y Avg	1.4%	-	1.1%	9.2%	3.8%	-	2.6%
QoQ Delta Op Mgn LTM	-13.0%	-	0.5%	-2.1%	-0.9%	-	-1.5%
CFO/Rev LTM	-8.8%	-	13.7%	14.6%	5.2%	-	9.5%
CFO/Rev 3Y Avg	-0.2%	-	7.6%	15.2%	3.3%	-	5.5%
FCF/Rev LTM	-12.0%	-	13.0%	10.3%	4.6%	-	7.5%
FCF/Rev 3Y Avg	-3.7%	-	6.6%	11.0%	2.4%	-	4.5%

Valuation

	UIS	VMEO	EVER	FC	FORR	BAO	Median
Name	Unisys	Vimeo	EverQuote	Franklin.	Forreste.	BAO
Mkt Cap	0.2	-	1.0	0.2	0.1	-	0.2
P/S	0.1	-	1.3	1.1	0.5	-	0.8
P/EBIT	-1.3	-	13.8	17.5	-2.4	-	6.2
P/E	-0.8	-	15.4	27.6	-2.1	-	7.3
P/CFO	-1.7	-	9.4	7.2	8.8	-	8.0
Total Yield	-118.1%	-	6.5%	3.6%	-47.0%	-	-21.7%
Dividend Yield	0.0%	-	0.0%	0.0%	0.0%	-	0.0%
FCF Yield 3Y Avg	-25.0%	-	3.7%	7.2%	4.1%	-	3.9%
D/E	2.8	-	0.0	0.0	0.4	-	0.2
Net D/E	1.6	-	-0.2	-0.1	-0.3	-	-0.1

Returns

	UIS	VMEO	EVER	FC	FORR	BAO	Median
Name	Unisys	Vimeo	EverQuote	Franklin.	Forreste.	BAO
1M Rtn	-20.5%	-	22.6%	-3.1%	-7.7%	-	-5.4%
3M Rtn	-27.9%	-	19.3%	-15.9%	-26.3%	-	-21.1%
6M Rtn	-39.1%	-	13.9%	-30.2%	-31.2%	-	-30.7%
12M Rtn	-66.4%	-	47.7%	-57.0%	-57.5%	-	-57.2%
3Y Rtn	-40.0%	-	141.1%	-68.7%	-80.5%	-	-54.4%
1M Excs Rtn	-20.4%	-	22.7%	-3.1%	-7.6%	-	-5.4%
3M Excs Rtn	-33.1%	-	10.2%	-23.1%	-32.3%	-	-27.7%
6M Excs Rtn	-53.8%	-	-0.8%	-44.9%	-46.0%	-	-45.4%
12M Excs Rtn	-79.0%	-	29.7%	-69.9%	-72.4%	-	-71.2%
3Y Excs Rtn	-105.2%	-	75.7%	-142.1%	-152.4%	-	-123.6%

Comparison Analyses

	Title
0	Unisys New vs. Paychex: With Return Forecast Of 36%, Unisys New Is A Better Bet

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	9/30/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date	11/6/2025	2/21/2025	2/26/2024	3/1/2023	2/22/2022	2/26/2021	2/28/2020
Key Financials
Total Revenue	1,921	2,008	2,015	1,980	2,054	2,026	2,223
EBITDA	-112	63	-178	153	-253	-82	149
Operating Income	44	191	70	20	125	58	125
Net Income	-328	-193	-431	-106	-448	751	-17
EPS	-4.60	-2.79	-6.31	-1.57	-6.75	11.93	-0.31
Growth Rates
Total Revenue Growth	-4.9%	-0.3%	1.8%	-3.6%	1.4%	-8.8%	-1.3%
EBITDA Growth	14.3%	135.4%	-216.2%	160.6%	-209.9%	-154.8%	-50.2%
Operating Income Growth	-73.6%	171.7%	255.1%	-84.1%	115.2%	-53.7%	-40.9%
Net Income Growth	15.5%	55.1%	-306.3%	76.4%	-159.7%	4464.5%	-122.8%
Margins
EBITDA Margin	-5.8%	3.1%	-8.8%	7.7%	-12.3%	-4.0%	6.7%
Operating Income Margin	2.3%	9.5%	3.5%	1.0%	6.1%	2.9%	5.6%
Net Income Margin	-17.1%	-9.6%	-21.4%	-5.4%	-21.8%	37.0%	-0.8%
Cash & Debt
Total Cash	322	376	388	392	553	898	539
Total Debt	769	537	549	569	611	729	670
Net Debt / (Cash)	447	161	161	177	58	-169	131
Cash Flows
Net Cash from Operations	-168	135	74	13	132	-681	124
Free Cash from Operations	-231	72	7	-65	51	-781	13
Returns to Shareholders
Dividends	0	-0	-0	-0	-0	-0	-0
Share Repurchases	-0	-0	-0	-0	-0	-0	-0

$ Mil \| FY: 12/31	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4
Period End	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022
Filing Date	11/6/2025	7/31/2025	5/1/2025	2/21/2025	10/30/2024	8/6/2024	5/8/2024	2/26/2024	11/7/2023	8/2/2023	5/2/2023	3/1/2023
Key Financials Quarterly
Total Revenue	460	483	432	545	497	478	488	558	465	477	516	557
Ebitda	-253	34	11	96	24	41	-98	-97	14	16	-111	89
Operating Income	-221	9	-16	273	35	12	-128	250	-27	-10	-143	50
Net Income	-309	-20	-30	30	-62	-12	-150	-165	-50	-40	-175	8
EPS	-4.33	-0.28	-0.42	0.43	-0.89	-0.17	-2.18	-2.42	-0.73	-0.59	-2.58	0.13
Key Financials TTM
Total Revenue TTM	1,921	1,958	1,953	2,008	2,021	1,988	1,987	2,015	2,015	2,011	2,050	1,980
Ebitda TTM	-112	165	171	63	-130	-140	-165	-178	8	0	40	153
Operating Income TTM	44	300	303	191	168	106	85	70	-130	-122	-90	30
Net Income TTM	-328	-82	-73	-193	-389	-377	-405	-431	-257	-247	-224	-106
Growth Rates Quarterly
Total Revenue Growth	-7.4%	1.1%	-11.4%	-2.2%	7.0%	0.3%	-5.5%	0.1%	0.7%	-7.4%	15.6%	3.3%
EBITDA Growth	-1171.2%	-16.4%	111.1%	198.8%	62.8%	160.5%	12.2%	-209.6%	104.2%	-71.5%	-4729.2%	263.2%
Operating Income Growth	-733.2%	-24.3%	87.2%	9.1%	229.3%	213.9%	10.1%	399.8%	-42.9%	-146.3%	-508.5%	19.6%
Net Income Growth	-399.0%	-67.5%	80.3%	118.1%	-23.8%	70.0%	14.8%	-2044.7%	-24.7%	-133.9%	-206.1%	106.5%
Margins Quarterly
EBITDA Margin	-54.9%	7.1%	2.5%	17.6%	4.7%	8.6%	-20.0%	-17.4%	3.1%	3.3%	-21.5%	15.9%
Operating Income Margin	-48.0%	1.8%	-3.8%	50.1%	7.0%	2.4%	-26.3%	44.9%	-5.8%	-2.1%	-27.7%	9.0%
Net Income Margin	-67.1%	-4.2%	-6.8%	5.5%	-12.5%	-2.5%	-30.6%	-29.6%	-10.8%	-8.4%	-34.0%	1.5%
Cash & Debt
Total Cash	322	301	393	376	374	345	383	388	385	423	392	392
Total Debt	769	734	527	537	526	526	528	549	520	528	532	569
Net Debt / (Cash)	447	433	134	161	152	181	145	161	134	105	140	177
Cash Flows Quarterly
FCF from Operations	38	-316	33	77	32	3	24	23	-4	42	13	35
Cash Flows TTM
FCF from Operations TTM	-168	-174	145	135	82	45	85	74	86	135	58	13
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	-35.6%	1.6%	-3.5%	30.2%	7.1%	2.4%	-26.7%	55.7%	-6.3%	-2.4%	-33.8%	4.5%
Return on Invested Capital (ROIC) TTM
ROIC TTM	1.8%	13.4%	16.2%	10.3%	8.6%	5.4%	4.4%	3.9%	-7.5%	-7.2%	-5.3%	1.9%

Segment Financials

Revenue by Segment

$ Mil	2024	2023	2022	2021	2020
Enterprise Computing Solutions (ECS)	648	670	686	660
Digital Workplace Solutions (DWS)	546	510	574	588
Cloud, Applications & Infrastructure Solutions (CA&I)	531	520	486	465
Other revenue	290	280	309	313
Elimination of intercompany revenue		0
Services					1,893
Technology					330
Total	2,015	1,980	2,054	2,026	2,223

Assets by Segment

$ Mil	2024	2023	2022	2021	2020
Enterprise Computing Solutions (ECS)	568	576	594	581
Cash and cash equivalents	388	392	553	898
Digital Workplace Solutions (DWS)	379	346	354	221
Cloud, Applications & Infrastructure Solutions (CA&I)	250	268	290	204
Deferred income taxes	114	119	125	136
Other corporate assets	112	106	75	104
Other assets	82	97	207	297
Prepaid postretirement assets	38	120	160	188
Operating lease right-of-use assets	35	42	63	79
Corporate					1,241
Services					864
Technology					399
Total	1,965	2,066	2,420	2,708	2,504

Price Behavior

Price Behavior

Market Price	$2.76
Market Cap ($ Bil)	0.2
First Trading Date	06/01/1972
Distance from 52W High	-69.1%
	50 Days	200 Days
DMA Price	$3.31	$4.07
DMA Trend	down	down
Distance from DMA	-16.7%	-32.1%
	3M	1YR
Volatility	56.8%	60.8%
Downside Capture	336.89	248.82
Upside Capture	91.94	109.37
Correlation (SPY)	52.5%	48.7%

UIS Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	3.22	2.41	2.45	2.54	1.50	1.65
Up Beta	2.16	2.12	2.27	2.89	1.26	1.36
Down Beta	1.94	3.37	3.35	3.41	1.35	1.44
Up Capture	153%	49%	72%	82%	115%	627%
Bmk +ve Days	13	26	39	74	142	427
Stock +ve Days	9	16	26	52	109	352
Down Capture	452%	298%	285%	262%	152%	111%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	10	24	35	69	135	382

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of UIS With Other Asset Classes (Last 1Y)
	UIS	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-66.0%	25.9%	15.3%	58.9%	4.6%	-5.8%	-3.1%
Annualized Volatility	60.5%	27.6%	19.7%	19.4%	15.9%	17.8%	35.7%
Sharpe Ratio	-1.54	0.81	0.60	2.26	0.09	-0.48	0.04
Correlation With Other Assets		47.9%	48.7%	2.0%	12.8%	36.0%	21.2%

ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data

		Comparison of UIS With Other Asset Classes (Last 5Y)
	UIS	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-28.2%	19.9%	15.0%	17.9%	11.9%	4.9%	37.1%
Annualized Volatility	66.5%	24.6%	17.1%	15.5%	18.9%	19.0%	49.1%
Sharpe Ratio	-0.20	0.73	0.71	0.93	0.52	0.17	0.64
Correlation With Other Assets		32.6%	37.1%	5.1%	12.0%	31.3%	19.6%

Based On 10-Year Data

		Comparison of UIS With Other Asset Classes (Last 10Y)
	UIS	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-13.9%	22.2%	14.5%	14.2%	5.6%	5.4%	76.3%
Annualized Volatility	62.0%	24.2%	18.0%	14.8%	17.7%	20.9%	55.9%
Sharpe Ratio	0.03	0.84	0.69	0.79	0.25	0.23	0.95
Correlation With Other Assets		36.3%	40.2%	0.5%	14.5%	31.0%	14.3%

Short Interest

Short Interest: As Of Date	11142025
Short Interest: Shares Quantity	1,808,892
Short Interest: % Change Since 10312025	15.9%
Average Daily Volume	915,266
Days-to-Cover Short Interest	1.98
Basic Shares Quantity	71,301,000
Short % of Basic Shares	2.5%

Returns Analyses

	Title
0	With Unisys Stock Sliding, Have You Assessed The Risk?
1	Unisys Stock Return Comparison

SEC Filings

Expand for More

Report Date	Filing Date	Filing
9302025	11062025	10-Q 9/30/2025
6302025	7312025	10-Q 6/30/2025
3312025	5012025	10-Q 3/31/2025
12312024	2212025	10-K 12/31/2024
9302024	10302024	10-Q 9/30/2024
6302024	8062024	10-Q 6/30/2024
3312024	5082024	10-Q 3/31/2024
12312023	2262024	10-K 12/31/2023
9302023	11072023	10-Q 9/30/2023
6302023	8022023	10-Q 6/30/2023
3312023	5022023	10-Q 3/31/2023
12312022	3012023	10-K 12/31/2022
9302022	11232022	10-Q 9/30/2022
6302022	8032022	10-Q 6/30/2022
3312022	4272022	10-Q 3/31/2022
12312021	2222022	10-K 12/31/2021

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Unisys (UIS)

Market Price (12/4/2025): $2.81 | Market Cap: $200.4 MilSector: Information Technology | Industry: IT Consulting & Other Services

Unisys (UIS)

Market Price (12/4/2025): $2.81Market Cap: $200.4 MilSector: Information TechnologyIndustry: IT Consulting & Other Services

Valuation, Metrics & Events

UIS Stock

Why The Stock Moved

Qualitative Assessment

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About Unisys (UIS)

Digital Workplace Solutions (DWS)

Cloud, Applications & Infrastructure Solutions (CA&I)

Cloud and Infrastructure Services

Applications and Data Modernization

Cybersecurity Services

Enterprise Computing Solutions (ECS)

Interactive Breakdown

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Based On 1-Year Data

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Market Price (12/4/2025): $2.81 | Market Cap: $200.4 Mil
Sector: Information Technology | Industry: IT Consulting & Other Services

Market Price (12/4/2025): $2.81
Market Cap: $200.4 Mil
Sector: Information Technology
Industry: IT Consulting & Other Services