UIS (UIS) financial statements
UIS reported revenue of $2.0B in fiscal 2025, down 4.0% a year over 9 years.
Net income was -$340M and the operating margin 4.0%, against 4.6% in 2016.
Free cash flow was -$170M.
The diluted share count rose 42% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from UIS's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.8B | $2.7B | $2.3B | $2.2B | $2.0B | $2.1B | $2.0B | $2.0B | $2.0B | $2.0B |
| Cost of revenue | $2.2B | $2.2B | $1.7B | $1.7B | $1.5B | $1.5B | $1.5B | $1.5B | $1.4B | $1.4B |
| Gross profit | $559M | $548M | $686M | $534M | $483M | $572M | $530M | $551M | $586M | $549M |
| Research and development | $47M | $39M | $32M | $31M | $27M | $28M | $24M | $24M | $25M | $25M |
| Selling, general and admin | $441M | $412M | $340M | $365M | $369M | $390M | $453M | $450M | $424M | $391M |
| Operating income | $129M | $97M | $212M | $138M | $87M | $154M | $52M | $77M | $97M | $78M |
| Interest expense | $27M | $53M | $64M | $62M | $29M | $35M | $32M | $31M | $32M | $53M |
| Pre-tax income | $20M | -$72M | $71M | -$61M | -$272M | -$462M | -$63M | -$348M | -$75M | -$272M |
| Income tax | $57M | -$6M | $46M | $28M | $45M | -$12M | $42M | $79M | $118M | $68M |
| Net income | -$48M | -$65M | $76M | -$17M | $751M | -$448M | -$106M | -$431M | -$193M | -$340M |
| EPS (diluted) | -$0.95 | -$1.30 | $1.47 | -$0.31 | $11.93 | -$6.75 | -$1.57 | -$6.31 | -$2.79 | -$4.79 |
| Diluted shares | 50M | 50M | 51M | 56M | 63M | 66M | 68M | 68M | 69M | 71M |
| Gross margin | 19.8% | 20.0% | 30.5% | 24.0% | 23.8% | 27.8% | 26.7% | 27.4% | 29.2% | 28.2% |
| Operating margin | 4.6% | 3.5% | 9.4% | 6.2% | 4.3% | 7.5% | 2.6% | 3.8% | 4.8% | 4.0% |
| Net margin | -1.7% | -2.4% | 3.4% | -0.8% | 37.0% | -21.8% | -5.4% | -21.4% | -9.6% | -17.4% |
Balance sheet
Fiscal years, from UIS's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $371M | $734M | $605M | $539M | $898M | $553M | $392M | $388M | $376M | $414M |
| Inventory | — | — | $27M | $16M | $13M | $8M | $15M | $15M | $16M | $14M |
| Total current assets | $1.0B | $1.4B | $1.3B | $1.2B | $1.5B | $1.1B | $930M | $971M | $979M | $1.0B |
| Property, plant and equipment | $145M | $142M | $112M | $116M | $110M | $86M | $76M | $64M | $57M | $53M |
| Goodwill | $179M | $181M | $111M | $110M | $109M | $315M | $287M | $287M | $248M | $194M |
| Total assets | $2.0B | $2.5B | $2.5B | $2.5B | $2.7B | $2.4B | $2.1B | $2.0B | $1.9B | $1.8B |
| Total current liabilities | $982M | $972M | $923M | $927M | $935M | $752M | $650M | $651M | $628M | $656M |
| Long-term debt | $194M | $634M | $643M | $566M | $527M | $511M | $496M | $491M | $488M | $729M |
| Total liabilities | $3.7B | $3.9B | $3.8B | $3.7B | $3.0B | $2.5B | $2.0B | $2.1B | $2.1B | $2.1B |
| Shareholders' equity | -$1.6B | -$1.4B | -$1.3B | -$1.3B | -$357M | -$114M | -$15M | -$152M | -$283M | -$283M |
| Net debt | -$177M | -$100M | $38M | $27M | -$371M | -$42M | $104M | $104M | $112M | $315M |
Cash flow
Fiscal years, from UIS's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $218M | $166M | $74M | $124M | -$681M | $132M | $13M | $74M | $135M | -$140M |
| Capital spending | $32M | $26M | $36M | $38M | $28M | $27M | $31M | $33M | $32M | $30M |
| Free cash flow | $186M | $141M | $38M | $86M | -$709M | $105M | -$18M | $42M | $103M | -$170M |
| Stock-based compensation | $10M | $11M | $13M | $13M | $14M | $19M | $20M | $17M | $21M | $15M |
| Share buybacks (net) | $0 | — | — | — | — | — | — | — | — | — |
| Net borrowing | $18M | $345M | -$2M | $16M | $42M | -$102M | -$18M | -$17M | -$15M | $208M |
| Free cash flow margin | 6.6% | 5.1% | 1.7% | 3.9% | -35.0% | 5.1% | -0.9% | 2.1% | 5.1% | -8.7% |
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Open UIS in InvestinglyQuestions
What was UIS's revenue in 2025?
$2.0B in fiscal 2025, from its 10-K filing.
How much free cash flow does UIS generate?
-$170M in fiscal 2025 (operating cash flow minus capital spending).
From UIS's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.