Unisys Corporation Shines in Q2 2026 with Strong Revenue Growth and Increased Full-Year Guidance
The Unisys Corporation has announced its second quarter 2026 financial results, showcasing a strong revenue growth and increased full-year guidance. During the conference call on July 30th, CEO Mike Thomson highlighted the company's progress, stating that the year is "progressing well with the second quarter building on a good start to the year."
The company has increased its full-year revenue guidance, with the second quarter coming in ahead of expectations. New business signings have also seen a significant increase, up more than 50% year-over-year, and improved sequentially over the first quarter. This is a bright spot for the company, as it reflects the growing demand for Unisys's AI-infused solutions.
Unisys has been investing heavily in its efficiency initiatives, which have kept the company on track to achieve full-year profit and cash flow targets. The company continues to deploy its AI-infused solutions to existing clients, enhancing their AI fluency and proficiency while extending its platforms by building out a portfolio of agentic assets.
The ClearPath ecosystem has also seen significant evolution, with both core platforms being updated to support AI capabilities and increased flexibility in using ClearPath data for connecting and powering enterprise AI workloads. This investment is focused on converting today's demand into durable, high-value relationships that strengthen the company's conviction in its long-term value.
Looking at the second quarter performance, Unisys's revenue year-over-year decline of 2% was better than anticipated last quarter, due to a 2% growth in Technology Solutions & Services (TS&S). The TS&S segment represents the entire company excluding ClearPath and reflects the renaming of XLNS to more accurately represent the businesses included within that grouping.
Within TS&S, there were notable improvements in Digital Workplace Solutions and Cloud, Applications, and Infrastructure segments. This growth was driven by field services volumes, shorter cycle project work, and increased hardware sales. The company also saw sequential improvement in clients undertaking project work and moving forward on their enterprise AI roadmap.
Demand for devices and services accelerated as clients contend with rising hardware costs stemming from memory shortages. This supports the continued growth of Unisys's Device Subscription Service (DSS) offering, which is geared towards better asset management and reporting, as well as better financial outcomes for clients over time.
Unisys expanded Technology Solutions & Services gross margin by 170 basis points year-over-year, reflecting the results of ongoing investments in its technology workforce and higher value solutions. This demonstrates the company's commitment to improving efficiency and profitability while delivering innovative solutions to its customers."
