InsiderClue
Stocks · Technology · Services-Prepackaged Software

Unity Software Inc.

U Clue Score55
United States Fiscal year ends December CIK 0001810806
$46.88 +2.16% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $46.88 −65.45% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 18 Sep 2020. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2018Revenue380.8Operating income−130.3Net income−131.6Fiscal year 2019Revenue541.8 +42.3%Operating income−150.7Net income−163.2EPS, diluted−2.39Fiscal year 2020Revenue772.4 +42.6%Operating income−274.8Net income−282.3EPS, diluted−1.66Fiscal year 2021Revenue1,110.5 +43.8%Operating income−531.7Net income−532.6EPS, diluted−1.89Fiscal year 2022Revenue1,391.0 +25.3%Operating income−882.2Net income−921.1EPS, diluted−2.96Fiscal year 2023Revenue2,187.3 +57.2%Operating income−832.8Net income−822.0EPS, diluted−2.16Fiscal year 2024Revenue1,813.3 −17.1%Operating income−755.1Net income−664.1EPS, diluted−1.68Fiscal year 2025Revenue1,849.6 +2.0%Operating income−479.1Net income−402.8EPS, diluted−0.96
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 380.8 541.8 772.4 1,110.5 1,391.0 2,187.3 1,813.3 1,849.6
Growth +42.3% +42.6% +43.8% +25.3% +57.2% −17.1% +2.0%
Operating income −130.3 −150.7 −274.8 −531.7 −882.2 −832.8 −755.1 −479.1
Net income −131.6 −163.2 −282.3 −532.6 −921.1 −822.0 −664.1 −402.8
Growth
EPS, diluted n/a −2.39 −1.66 −1.89 −2.96 −2.16 −1.68 −0.96

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2018Gross margin78.7%Operating margin−34.2%Net margin−34.6%Free cash flow margin−31.3%Fiscal year 2019Gross margin78.1%Operating margin−27.8%Net margin−30.1%Free cash flow margin−17.5%Fiscal year 2020Gross margin77.7%Operating margin−35.6%Net margin−36.5%Free cash flow margin−2.6%Fiscal year 2021Gross margin77.2%Operating margin−47.9%Net margin−48.0%Free cash flow margin−13.8%Fiscal year 2022Gross margin68.2%Operating margin−63.4%Net margin−66.2%Free cash flow margin−8.4%Fiscal year 2023Gross margin66.5%Operating margin−38.1%Net margin−37.6%Free cash flow margin8.2%Fiscal year 2024Gross margin73.5%Operating margin−41.6%Net margin−36.6%Free cash flow margin15.8%Fiscal year 2025Gross margin74.2%Operating margin−25.9%Net margin−21.8%Free cash flow margin21.8%
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 78.7% 78.1% 77.7% 77.2% 68.2% 66.5% 73.5% 74.2%
Operating margin −34.2% −27.8% −35.6% −47.9% −63.4% −38.1% −41.6% −25.9%
Net margin −34.6% −30.1% −36.5% −48.0% −66.2% −37.6% −36.6% −21.8%
Free cash flow margin −31.3% −17.5% −2.6% −13.8% −8.4% 8.2% 15.8% 21.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2018Operating cash flow−81.1Capital expenditure−38.0Free cash flow−119.1Buybacks0.0Fiscal year 2019Operating cash flow−67.9Capital expenditure−27.0Free cash flow−95.0Buybacks−286.4Fiscal year 2020Operating cash flow19.9Capital expenditure−40.2Free cash flow−20.2Buybacks−0.1Fiscal year 2021Operating cash flow−111.4Capital expenditure−41.9Free cash flow−153.4Buybacks0.0Fiscal year 2022Operating cash flow−59.4Capital expenditure−57.1Free cash flow−116.6Buybacks−1,500.0Fiscal year 2023Operating cash flow234.7Capital expenditure−55.9Free cash flow178.8Buybacks−250.0Fiscal year 2024Operating cash flow315.6Capital expenditure−29.5Free cash flow286.0 +60.0%Buybacks0.0Fiscal year 2025Operating cash flow423.0Capital expenditure−19.0Free cash flow403.9 +41.2%Buybacks0.0
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −81.1 −67.9 19.9 −111.4 −59.4 234.7 315.6 423.0
Capital expenditure −38.0 −27.0 −40.2 −41.9 −57.1 −55.9 −29.5 −19.0
Free cash flow −119.1 −95.0 −20.2 −153.4 −116.6 178.8 286.0 403.9
Growth +60.0% +41.2%
Buybacks 0.0 −286.4 −0.1 0.0 −1,500.0 −250.0 0.0 0.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2018Cash258.7Shareholders’ equity316.1Fiscal year 2019Cash130.0Shareholders’ equity393.9Fiscal year 2020Cash1,272.6Shareholders’ equity2,037.1Fiscal year 2021Cash1,055.8Shareholders’ equity2,394.4Fiscal year 2022Cash1,485.1Shareholders’ equity3,528.3Fiscal year 2023Cash1,590.3Shareholders’ equity3,182.6Fiscal year 2024Cash1,517.7Shareholders’ equity3,190.7Fiscal year 2025Cash2,055.8Shareholders’ equity3,237.4
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 258.7 130.0 1,272.6 1,055.8 1,485.1 1,590.3 1,517.7 2,055.8
Shareholders’ equity 316.1 393.9 2,037.1 2,394.4 3,528.3 3,182.6 3,190.7 3,237.4

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021† 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
380.8 541.8 772.4 1,110.5 1,391.0 2,187.3 1,813.3 1,849.6
Growth +42.3% +42.6% +43.8% +25.3% +57.2% −17.1% +2.0%
81.3 118.6 172.3 253.6 442.5 733.7 480.9 477.7
299.5 423.2 600.1 856.9 948.5 1,453.6 1,332.4 1,371.9
Growth +41.3% +41.8% +42.8% +10.7% +53.2% −8.3% +3.0%
204.1 255.9 403.5 695.7 959.5 1,053.6 924.8 929.5
91.3 143.8 255.0 347.9 373.3 398.2 410.1 268.5
−130.3 −150.7 −274.8 −531.7 −882.2 −832.8 −755.1 −479.1
Growth
−132.6 −153.2 −280.2 −531.2 −882.4 −797.8 −667.1 −395.2
−1.0 9.9 2.1 1.4 37.1 28.5 −2.8 6.3
−131.6 −163.2 −282.3 −532.6 −921.1 −822.0 −664.1 −402.8
Growth
Per share
n/a −2.39 −1.66 −1.89 −2.96 −2.16 −1.68 −0.96
n/a −2.39 −1.66 −1.89 −2.96 −2.16 −1.68 −0.96
Growth
n/a 114.4 170.0 282.2 310.5 380.5 396.0 420.9
n/a 114.4 170.0 282.2 310.5 380.5 396.0 420.9
Growth +48.5% +66.0% +10.0% +22.5% +4.1% +6.3%

† The diluted share count jumps at 2021, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 19.1% a year over five years.
  • Operating margin is up 9.7 points on five years ago, at -25.9%.
  • A net loss in 8 of 8 years on file.