Unisys Corporation demonstrated resilience in Q3 2025, outperforming operating margin expectations while navigating revenue headwinds largely due to timing issues and macroeconomic uncertainty.

• Achieved non-GAAP operating profit margin guidance of 8% to 9%, with full-year pre-pension free cash flow expected to reach $110 million.
• Increased License & Support (L&S) revenue expectations to $430 million for the year, driven by strong client retention and software consumption trends.
• Total contract value for new business increased 15% year-over-year, suggesting solid client renewals despite a challenging pricing environment.
• Continued focus on pension strategy led to a significant reduction in U.S. pension liabilities, with over $300 million removed through an annuity purchase.
• Adjustments in project timing and client budget constraints may impact near-term revenue growth, although a long-term growth strategy remains in place.