Company: UIS
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000746838-25-000030
Chunk: 17

Company: UNISYS CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 2
Chunk 17
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 is no longer asserting indefinite reinvestment of earnings.

The following table represents Ex-L&S and L&S financial measures:

Three Months Ended September 30,Nine Months EndedSeptember 30,(In millions, except for numbers presented as percentages)2025202420252024L&S revenue$83.0 $104.5 $241.7 $279.8 Ex L&S revenue377.2 392.5 1,133.9 1,183.2 Total revenue$460.2 $497.0 $1,375.6 $1,463.0 L&S gross profit$47.0 $74.7 $150.6 $195.2 Ex-L&S gross profit70.2 70.3 204.1 215.7 Total gross profit$117.2 $145.0 $354.7 $410.9 L&S gross profit percent56.6 %71.5 %62.3 %69.8 %Ex-L&S gross profit percent18.6 %17.9 %18.0 %18.2 %Total gross profit percent25.5 %29.2 %25.8 %28.1 %

Segment results

The company’s reportable segments are as follows:

•Digital Workplace Solutions (DWS), which provides workplace solutions featuring intelligent workplace services, proactive experience management and collaboration tools to support business growth;

•Cloud, Applications & Infrastructure Solutions (CA&I), which provides digital transformation in the areas of cloud migration and management, applications and infrastructure transformation and modernization solutions; and

•Enterprise Computing Solutions (ECS), which provides solutions that harness secure, high-intensity enterprise computing and enable digital services through software-defined operating environments.

The company evaluates the performance of the segments based on segment revenue and segment gross profit. Segment revenue and segment gross profit are exclusive of certain activities and expenses that are not allocated to specific segments including the business activities related to the company’s United Kingdom business process outsourcing consolidated joint venture and certain expenses such as cost reduction charges, amortization of purchased intangibles and unusual and nonrecurring items that are not allocated to specific segments. These amounts are combined within other revenue and other gross profit (loss) to arrive at consolidated revenue and consolidated gross profit (loss). See Note 15 of the Notes to Consolidated Financial Statements for the reconciliations of segment revenue to total consolidated revenue and