Filing Flows › Unisys (UIS) › Q1 2025
Unisys (UIS) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
Unisys (UIS) reported revenue of $432M for the first quarter 2025 (Q1 2025), -11% from a year earlier and -21% from the quarter before. Operating margin was 1.2%, net loss $30.6M (7.1% of revenue).
Unisys, Q1 2025: revenue $432M (-11% year over year), operating margin 1.2%, net loss $30.6M, operating cash flow $33.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $432M | -21% | -11% |
| Operating profit | $5.1M | — | — |
| Net earnings | −$30.6M | — | — |
| Operating cash flow | $33.3M | -57% | +40% |
| Free cash flow | $13.2M | — | +238% |
What changed
Revenue was $432.1M in Q1 2025, down 11% year over year and down 21% from the previous quarter. Services was the largest line at 89% of revenue. Services lost $30.6M year over year (down 7%), 55% of the total change.
Gross margin was 24.9%, down 3.0 points from a year earlier. Operating profit was $5.1M, a 1.2% margin (down 2.4 points year over year). Operating expenses fell 13% while revenue fell 11%. The quarter ended with a net loss of $30.6M, after a profit of $30.5M the previous quarter. Minority interests bore $1.1M of it: to shareholders the quarter was a loss of $29.5M. Net interest and other expense of $25.1M was the main reason.
Operating cash flow was $33.3M (up 40% year over year). Non-cash charges added back $6.4M of depreciation and amortization and $6.8M of share-based compensation. Working capital and other items added $50.7M. After itions to marketable software ($11.2M) and itions to properties and other assets ($8.9M), free cash flow as the company reports it was $13.2M.
Questions
What was Unisys' revenue in the first quarter 2025?
Unisys (UIS) reported revenue of $432M for the first quarter 2025 (Q1 2025), -11% from a year earlier and -21% from the quarter before.
Was Unisys profitable in the first quarter 2025?
Operating profit was $5.1M (1.2% of revenue) and net loss $30.6M.
Source: Unisys 10-Q on SEC EDGAR.