Unity Software
U NYSE· Application Software
Last close · Oct 26, 2026
$40.33
KIRA · Stoqly’s AI analyst, in plain words
- Unity Software had $1.8B of revenue in fiscal 2025, up 2.0% on the year before. Over five years, revenue changed +19.1% a year on average.
- Its operating margin was −25.9%, up 15.8 pts: of every 100 in sales, about −26 is left after running the business.
- Unity Software lost $403M in fiscal 2025.
- Free cash flow was $404M in fiscal 2025, 21.8% of revenue.
- Unity Software returned $0.0M to shareholders in fiscal 2025, 0% of free cash flow. The diluted share count rose 6.3%.
- Unity Software owes $180M more than it holds in cash.
Market cap
$17.7B
P/E
—
Revenue
$1.8B
Net income
−$403M
Free cash flow
$404M
Operating margin
−25.9%
Unity Software in 30 seconds · fiscal 2025
Are sales growing?
+2.0%
Only a little. Sales grew 2.0% last year.
Does it make a profit?
−21.8%
No. It lost money last year.
Does profit turn into cash?
21.8%
Yes. 21.8% of sales ends up as free cash.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
What Unity Software does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 11, 2026
- Legal name
- UNITY SOFTWARE INC.
- CIK
- 0001810806
Unity Software · U
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $1.1B | $1.4B | $2.2B | $1.8B | $1.8B |
| Revenue growth | 43.8% | 25.3% | 57.3% | −17.1% | 2.0% |
| Gross margin | 77.2% | 68.2% | 66.5% | 73.5% | 74.2% |
| Operating margin | −47.9% | −63.4% | −38.1% | −41.7% | −25.9% |
| Net income | −$533M | −$921M | −$822M | −$664M | −$403M |
| Net margin | −48.0% | −66.2% | −37.6% | −36.6% | −21.8% |
| Diluted EPS | −$1.89 | −$2.96 | −$2.16 | −$1.68 | −$0.96 |
| Cash | |||||
| Cash from operations | −$111M | −$59.4M | $235M | $316M | $423M |
| Capital expenditure | $41.9M | $57.1M | $55.9M | $29.5M | $19.0M |
| Free cash flow | −$153M | −$117M | $179M | $286M | $404M |
| FCF margin | −13.8% | −8.4% | 8.2% | 15.8% | 21.8% |
| Dividends paid | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $0.0M | $1.5B | $250M | $0.0M | $0.0M |
| Share count change | 66.0% | 10.0% | 22.5% | 4.1% | 6.3% |
| Debt and strength | |||||
| Cash and short-term investments | $1.7B | $1.6B | $1.6B | $1.5B | $2.1B |
| Debt incl. finance leases | $1.7B | $2.7B | $2.7B | $2.2B | $2.2B |
| Shareholders' equity | $2.4B | $3.5B | $3.2B | $3.2B | $3.2B |
| Current ratio | 3.4x | 2.3x | 2.6x | 2.5x | 1.8x |
| Interest coverage | −470.1x | −119.2x | −33.9x | −32.1x | −20.0x |
| Returns and quality | |||||
| Return on capital | −26.9% | −19.9% | −14.7% | −14.5% | −10.3% |
| Return on equity | −24.0% | −31.1% | −24.5% | −20.8% | −12.5% |
| Piotroski F-score | 2 | 3 | 5 | 5 | 5 |
| Altman Z'' | 1.5 | 0.4 | 0.0 | −0.3 | −0.2 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$86.2M
8 insiders
Of sales under plans
68%
$58.6M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Unity Software · U
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Unity Software U | $17.7B | 2.0% | −25.9% | 21.8% | −10.3% | — | 5 |
| Pegasystems PEGA | $6.1B | 16.6% | 15.1% | 28.1% | — | 22.6x | 6 |
| Fair Isaac FICO | $16.1B | 15.9% | 46.5% | 38.7% | 65.6% | 20.5x | 7 |
| Dynatrace DT | $18.8B | 18.8% | 12.2% | 26.2% | 9.0% | 128.4x | 4 |
| Bill BILL | $5.1B | 13.0% | −4.4% | 25.0% | −1.7% | — | 4 |
KIRA
At $40.33 a share, the company is worth $17.7B.
Unity Software grew sales faster than 0 of its 4 similar companies.
Source: SEC EDGAR XBRL filings (CIK 0001810806). Data updated October 12, 2026. For information only — not investment advice. Check the original filings before relying on any figure.