Unisys Corp income statement
In fiscal 2025, Unisys Corp reported revenue of $1.95bn, down 2.9% on the year before, operating income of $78.5m (a 4.0% margin) and net income of −$340m, or −$4.79 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,386 | 4,020 | 3,854 | 3,706 | 3,457 | 3,356 | 3,015 | 2,821 | 2,742 | 2,251 | 2,223 | 2,026 | 2,054 | 1,980 | 2,015 | 2,008 | 1,950 | 1,946 |
| Cost of revenue | 3,273 | 2,948 | 2,867 | 2,733 | 2,608 | 2,579 | 2,474 | 2,203 | 2,194 | 1,667 | 1,689 | 1,543 | 1,482 | 1,450 | 1,464 | 1,423 | 1,401 | 1,404 |
| Gross profit | 1,113 | 1,072 | 987 | 974 | 848 | 778 | 541 | 559 | 548 | 686 | 534 | 483 | 572 | 530 | 551 | 586 | 549 | 542 |
| Research and development | 102 | 79 | 76 | 82 | 70 | 69 | 76 | 47 | 39 | 32 | 31 | 27 | 29 | 24 | 24 | 25 | 25 | 24 |
| Selling, general and administrative | 681 | 617 | 586 | 573 | 559 | 554 | 520 | 441 | 412 | 340 | 365 | 369 | 390 | 453 | 450 | 424 | 391 | 388 |
| Operating income | 330 | 376 | 325 | 319 | 220 | 155 | −55 | 129 | 97 | 212 | 138 | 87 | 154 | 52 | 77 | 97 | 79 | 26 |
| Interest expense | 95 | 102 | 63 | 28 | 10 | 9 | 12 | 27 | 53 | 64 | 62 | 29 | 35 | 32 | 31 | 32 | 53 | 74 |
| Income before tax | 218 | 223 | 206 | 254 | 219 | 146 | −59 | 21 | −72 | 71 | −61 | −272 | −462 | −63 | −348 | −75 | −272 | −355 |
| Income tax | 42 | 59 | 65 | 97 | 99 | 86 | 44 | 57 | −6 | 46 | 28 | 45 | −12 | 42 | 79 | 118 | 68 | 67 |
| Net income | 189 | 236 | 134 | 146 | 109 | 47 | −110 | −48 | −65 | 76 | −17 | 751 | −449 | −106 | −431 | −193 | −340 | −421 |
| Diluted EPS | $4.75 | $5.45 | $2.71 | $2.84 | $2.08 | $0.89 | −$2.20 | −$0.95 | −$1.30 | $1.47 | −$0.31 | $11.93 | −$6.75 | −$1.57 | −$6.31 | −$2.79 | −$4.79 | −$5.87 |
| Diluted shares (average) | 40m | 43m | 49m | 51m | 44m | 50m | 50m | 50m | 50m | 51m | 56m | 63m | 66m | 68m | 68m | 69m | 71m | 72m |
| EBITDA | 427 | 452 | 391 | 374 | 266 | 207 | 2 | 168 | 137 | 253 | 173 | 117 | 185 | 102 | 106 | 122 | 102 | 48 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 497 | 545 | 432 | 483 | 460 | 575 | 438 | 474 |
| Cost of revenue | 352 | 370 | 325 | 353 | 343 | 380 | 325 | 356 |
| Gross profit | 145 | 175 | 108 | 130 | 117 | 195 | 113 | 117 |
| Research and development | 7 | 8 | 6 | 6 | 5 | 8 | 5 | 6 |
| Selling, general and administrative | 92 | 119 | 97 | 94 | 91 | 110 | 92 | 96 |
| Operating income | 8 | 49 | 5 | 30 | −34 | 77 | 16 | −33 |
| Interest expense | 8 | 8 | 8 | 8 | 18 | 19 | 19 | 18 |
| Income before tax | −9 | 59 | −20 | 0 | −293 | 41 | −23 | −80 |
| Income tax | 53 | 29 | 11 | 20 | 16 | 21 | 14 | 16 |
| Net income | −62 | 30 | −30 | −20 | −309 | 19 | −36 | −95 |
| Diluted EPS | −$0.89 | $0.44 | −$0.42 | −$0.28 | −$4.33 | $0.27 | −$0.50 | −$1.31 |
| EBITDA | 13 | 55 | 12 | 36 | −28 | 83 | 21 | −27 |
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