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Side-by-side financial comparison of ESAB Corp (ESAB) and UNISYS CORP (UIS). Click either name above to swap in a different company.
ESAB Corp is the larger business by last-quarter revenue ($727.8M vs $574.5M, roughly 1.3× UNISYS CORP). ESAB Corp runs the higher net margin — 7.5% vs 3.3%, a 4.3% gap on every dollar of revenue. On growth, ESAB Corp posted the faster year-over-year revenue change (8.5% vs 5.3%). UNISYS CORP produced more free cash flow last quarter ($97.3M vs $70.3M). Over the past eight quarters, UNISYS CORP's revenue compounded faster (8.5% CAGR vs 2.8%).
ESAB, Elektriska Svetsnings-Aktiebolaget, is an American-Swedish industrial company.
Unisys Corporation is a technology company founded in 1986 and headquartered in Blue Bell, Pennsylvania. The company provides cloud, AI, digital workplace, logistics, and enterprise computing services.
ESAB vs UIS — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $727.8M | $574.5M |
| Net Profit | $54.8M | $18.7M |
| Gross Margin | 37.0% | 33.9% |
| Operating Margin | 14.6% | 13.3% |
| Net Margin | 7.5% | 3.3% |
| Revenue YoY | 8.5% | 5.3% |
| Net Profit YoY | 2.1% | -37.7% |
| EPS (diluted) | $0.90 | $0.24 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $727.8M | $574.5M | ||
| Q3 25 | $715.6M | $460.2M | ||
| Q2 25 | $678.1M | $483.3M | ||
| Q1 25 | — | $432.1M | ||
| Q4 24 | $670.8M | $545.4M | ||
| Q3 24 | $673.3M | $497.0M | ||
| Q2 24 | $707.1M | $478.2M | ||
| Q1 24 | $689.7M | $487.8M |
| Q4 25 | $54.8M | $18.7M | ||
| Q3 25 | $66.9M | $-308.9M | ||
| Q2 25 | $67.4M | $-20.1M | ||
| Q1 25 | — | $-29.5M | ||
| Q4 24 | $53.7M | $30.0M | ||
| Q3 24 | $68.2M | $-61.9M | ||
| Q2 24 | $82.9M | $-12.0M | ||
| Q1 24 | $60.0M | $-149.5M |
| Q4 25 | 37.0% | 33.9% | ||
| Q3 25 | 37.2% | 25.5% | ||
| Q2 25 | 37.6% | 26.9% | ||
| Q1 25 | — | 24.9% | ||
| Q4 24 | 38.5% | 32.1% | ||
| Q3 24 | 37.7% | 29.2% | ||
| Q2 24 | 38.2% | 27.2% | ||
| Q1 24 | 37.0% | 27.9% |
| Q4 25 | 14.6% | 13.3% | ||
| Q3 25 | 15.2% | -7.3% | ||
| Q2 25 | 16.2% | 6.3% | ||
| Q1 25 | — | 1.2% | ||
| Q4 24 | 16.6% | 8.9% | ||
| Q3 24 | 15.7% | 1.5% | ||
| Q2 24 | 16.9% | 4.9% | ||
| Q1 24 | 16.0% | 3.6% |
| Q4 25 | 7.5% | 3.3% | ||
| Q3 25 | 9.3% | -67.1% | ||
| Q2 25 | 9.9% | -4.2% | ||
| Q1 25 | — | -6.8% | ||
| Q4 24 | 8.0% | 5.5% | ||
| Q3 24 | 10.1% | -12.5% | ||
| Q2 24 | 11.7% | -2.5% | ||
| Q1 24 | 8.7% | -30.6% |
| Q4 25 | $0.90 | $0.24 | ||
| Q3 25 | $1.09 | $-4.33 | ||
| Q2 25 | $1.10 | $-0.28 | ||
| Q1 25 | — | $-0.42 | ||
| Q4 24 | $0.87 | $0.45 | ||
| Q3 24 | $1.11 | $-0.89 | ||
| Q2 24 | $1.35 | $-0.17 | ||
| Q1 24 | $0.98 | $-2.18 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $218.2M | $413.9M |
| Total DebtLower is stronger | $1.3B | $729.0M |
| Stockholders' EquityBook value | $2.1B | $-282.6M |
| Total Assets | $4.9B | $1.8B |
| Debt / EquityLower = less leverage | 0.63× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $218.2M | $413.9M | ||
| Q3 25 | $258.2M | $321.9M | ||
| Q2 25 | $291.3M | $300.8M | ||
| Q1 25 | — | $393.1M | ||
| Q4 24 | $249.4M | $376.5M | ||
| Q3 24 | $253.7M | $373.7M | ||
| Q2 24 | $228.5M | $344.9M | ||
| Q1 24 | $76.5M | $382.8M |
| Q4 25 | $1.3B | $729.0M | ||
| Q3 25 | $1.1B | $723.2M | ||
| Q2 25 | $1.1B | $692.7M | ||
| Q1 25 | — | $488.3M | ||
| Q4 24 | $1.1B | $488.2M | ||
| Q3 24 | $1.1B | $488.5M | ||
| Q2 24 | $1.1B | $489.2M | ||
| Q1 24 | $992.8M | $488.4M |
| Q4 25 | $2.1B | $-282.6M | ||
| Q3 25 | $2.1B | $-300.2M | ||
| Q2 25 | $1.9B | $-221.5M | ||
| Q1 25 | — | $-267.8M | ||
| Q4 24 | $1.8B | $-283.4M | ||
| Q3 24 | $1.8B | $-202.2M | ||
| Q2 24 | $1.7B | $-174.1M | ||
| Q1 24 | $1.6B | $-158.6M |
| Q4 25 | $4.9B | $1.8B | ||
| Q3 25 | $4.4B | $1.7B | ||
| Q2 25 | $4.2B | $1.8B | ||
| Q1 25 | — | $1.8B | ||
| Q4 24 | $4.0B | $1.9B | ||
| Q3 24 | $4.1B | $1.9B | ||
| Q2 24 | $4.0B | $1.9B | ||
| Q1 24 | $3.8B | $1.9B |
| Q4 25 | 0.63× | — | ||
| Q3 25 | 0.51× | — | ||
| Q2 25 | 0.55× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.60× | — | ||
| Q3 24 | 0.59× | — | ||
| Q2 24 | 0.63× | — | ||
| Q1 24 | 0.61× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $81.5M | $104.9M |
| Free Cash FlowOCF − Capex | $70.3M | $97.3M |
| FCF MarginFCF / Revenue | 9.7% | 16.9% |
| Capex IntensityCapex / Revenue | 1.5% | 1.3% |
| Cash ConversionOCF / Net Profit | 1.49× | 5.61× |
| TTM Free Cash FlowTrailing 4 quarters | $238.0M | $-170.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $81.5M | $104.9M | ||
| Q3 25 | $46.6M | $38.0M | ||
| Q2 25 | $35.4M | $-316.2M | ||
| Q1 25 | — | $33.3M | ||
| Q4 24 | $126.9M | $76.6M | ||
| Q3 24 | $101.0M | $32.0M | ||
| Q2 24 | $83.0M | $2.7M | ||
| Q1 24 | $44.5M | $23.8M |
| Q4 25 | $70.3M | $97.3M | ||
| Q3 25 | $37.4M | $32.4M | ||
| Q2 25 | $28.1M | $-324.1M | ||
| Q1 25 | — | $24.4M | ||
| Q4 24 | $102.2M | $66.5M | ||
| Q3 24 | $90.4M | $25.2M | ||
| Q2 24 | $74.0M | $-6.0M | ||
| Q1 24 | $37.1M | $17.1M |
| Q4 25 | 9.7% | 16.9% | ||
| Q3 25 | 5.2% | 7.0% | ||
| Q2 25 | 4.1% | -67.1% | ||
| Q1 25 | — | 5.6% | ||
| Q4 24 | 15.2% | 12.2% | ||
| Q3 24 | 13.4% | 5.1% | ||
| Q2 24 | 10.5% | -1.3% | ||
| Q1 24 | 5.4% | 3.5% |
| Q4 25 | 1.5% | 1.3% | ||
| Q3 25 | 1.3% | 1.2% | ||
| Q2 25 | 1.1% | 1.6% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | 3.7% | 1.9% | ||
| Q3 24 | 1.6% | 1.4% | ||
| Q2 24 | 1.3% | 1.8% | ||
| Q1 24 | 1.1% | 1.4% |
| Q4 25 | 1.49× | 5.61× | ||
| Q3 25 | 0.70× | — | ||
| Q2 25 | 0.53× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.36× | 2.55× | ||
| Q3 24 | 1.48× | — | ||
| Q2 24 | 1.00× | — | ||
| Q1 24 | 0.74× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESAB
| Consumable Products | $477.9M | 66% |
| Equipment Products | $249.9M | 34% |
UIS
Segment breakdown not available.
