Unisys Corporation reported a net loss of $339.8 million, or $4.79 per diluted share, for the fiscal year ending December 31, 2025, compared to a net loss of $193.4 million, or $2.79 per diluted share, in 2024. The losses in both years were significantly impacted by defined benefit pension plan settlement losses of $228.2 million in 2025 and $130.6 million in 2024, along with goodwill impairment charges of $55.0 million and $39.1 million, respectively, related to the Digital Workplace Solutions (DWS) segment. Total revenue for 2025 decreased by 2.9% to $1,950.1 million from $2,008.4 million in 2024, primarily due to lower client volumes in the DWS and Cloud, Applications & Infrastructure Solutions (CA&I) segments.
In terms of operational changes, Unisys underwent a significant organizational restructuring in January 2025, integrating its business processing solutions into the Enterprise Computing Solutions (ECS) and CA&I segments. This restructuring aimed to better align the company's offerings with evolving client needs. The company also reported a Total Contract Value (TCV) of $2,207 million at the end of 2025, a 13% increase from $1,946 million in 2024, driven by a higher concentration of Ex-L&S renewals, although new business TCV saw a decline due to elongated sales cycles.
Unisys's employee headcount stood at approximately 15,000 as of December 31, 2025, with significant reductions in workforce contributing to net cost-reduction charges of $30.5 million for the year. The company also reported a backlog of $3.16 billion, up from $2.84 billion in the previous year, indicating a strong pipeline of future revenue. The DWS segment generated $508.4 million in revenue, down from $523.5 million in 2024, while CA&I revenue decreased to $732.8 million from $764.4 million, reflecting challenges in client engagement.
Looking ahead, Unisys anticipates continued challenges in maintaining revenue growth and profitability, particularly in light of the competitive landscape and the need to adapt to rapid technological changes, including advancements in artificial intelligence. The company has emphasized its commitment to innovation and operational excellence as part of its strategic objectives. However, management cautioned that actual results may differ from expectations due to various factors, including market conditions and the effectiveness of its strategic initiatives.
About UNISYS CORP
Unisys is a global IT solutions provider specializing in mission-critical systems, cloud, cybersecurity, data management, and digital workplace services. It serves enterprise, government, and public sector clients worldwide, offering consulting, modernization, and managed services. Unisys leverages proprietary technology, strategic partnerships, and industry expertise to help organizations optimize their IT infrastructure, enhance security, and accelerate digital transformation in complex, regulated environments.
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