Earnings (loss) per common share
The following table provides the calculations for the company’s earnings (loss) per common share attributable to Unisys Corporation (shares in thousands):
Year ended December 31,202520242023
Basic loss per common share computation:
Net loss attributable to Unisys Corporation$(339.8)$(193.4)$(430.7)
Weighted average shares70,994 69,199 68,254 
Basic loss per common share$(4.79)$(2.79)$(6.31)
Diluted loss per common share computation:   
Net loss attributable to Unisys Corporation $(339.8)$(193.4)$(430.7)
Weighted average shares70,994 69,199 68,254 
Plus incremental shares from assumed conversions of employee stock plans
 — — 
Adjusted weighted average shares70,994 69,199 68,254 
Diluted loss per common share$(4.79)$(2.79)$(6.31)
Anti-dilutive weighted-average restricted stock units(i)
2,616 2,340 945 
(i)Amounts represent shares excluded from the computation of diluted loss per share, as their effect, if included, would have been anti-dilutive for the periods presented.

Historical Timeline

Fiscal YearFiled
2025Feb 25, 2026Showing above
2024Feb 21, 2025

About Earnings Per Share Disclosures

The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.

Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.