Unisys delivered a strong fourth quarter with revenue increasing 5.3% year-over-year to $574.5 million, driven by software license renewals. The company significantly improved its operating margins and finished the year with a solid cash balance of $413.9 million and a reduced pension deficit.

Unisys reported a total company revenue of $432.1 million for the first quarter of 2025, an 11.4% decrease year-over-year. The company experienced a net loss of $29.5 million and an operating income of $5.1 million. Despite the declines in revenue and profitability, Unisys saw an 83% year-over-year increase in Ex-L&S New Business Total Contract Value (TCV) driven by new logo signings and reiterated its full-year 2025 guidance.

Unisys announced strong financial performance for Q4 and full-year 2024, with full-year gross profit margin up 180 bps YoY and operating profit margin up 100 bps YoY. The company met its full-year revenue guidance and significantly improved operating and free cash flow year over year, driven by new logo signings and operational efficiencies.