SequelSEC

Unity Software Inc. U

Services-Prepackaged Software · CIK 0001810806 · Fiscal year ends 1231

Revenue
$1.85B
Fiscal year ended 2025-12-31
Operating income
-$479.05M
Fiscal year ended 2025-12-31
Free cash flow
$403.93M
Fiscal year ended 2025-12-31

Unity Software Inc. (U) reported revenue of $1.85B and net income of -$402.76M for the fiscal year ended 2025-12-31. This page shows 8 annual periods of income statement, balance sheet and cash flow figures normalized from Unity Software Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Prepackaged Software.

Income

Unity Software Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Revenue$1.85B$1.81B$2.19B$1.39B$1.11B$772.44M$541.78M$380.76M
Cost of revenue$477.74M$480.85M$733.72M$442.50M$253.63M$172.35M$118.60M$81.27M
Gross profit$1.37B$1.33B$1.45B$948.52M$856.90M$600.10M$423.18M$299.49M
Operating income-$479.05M-$755.15M-$832.79M-$882.21M-$531.66M-$274.81M-$150.67M-$130.30M
Net income-$402.76M-$664.11M-$822.01M-$921.06M-$532.61M-$282.31M-$163.19M-$131.60M
Research & development$929.52M$924.83M$1.05B$959.49M$695.71M$403.52M$255.93M$204.07M
Weighted-average diluted sharesshares 420.91Mshares 395.95Mshares 380.46Mshares 310.50Mshares 282.20Mshares 169.97Mshares 114.44MUnavailable
Pretax income-$395.20M-$667.13M-$797.84M-$882.42M-$531.23M-$280.22M-$153.24M-$132.63M
Income tax expense$6.30M-$2.85M$28.48M$37.06M$1.38M$2.09M$9.95M-$1.03M
Diluted EPS$-0.96$-1.68$-2.16$-2.96$-1.89$-1.66$-2.39Unavailable
Selling, general & administrative$921.45M$1.16B$1.23B$871.25M$692.85M$471.40M$317.92M$225.72M
General & administrative$268.54M$410.07M$398.18M$373.29M$347.91M$254.98M$143.79M$91.26M
Selling & marketing$652.91M$752.65M$834.62M$497.96M$344.94M$216.42M$174.14M$134.46M

Balance

Unity Software Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Cash & equivalents$2.06B$1.52B$1.59B$1.49B$1.06B$1.27B$129.96M$258.73M
Total assets$6.84B$6.74B$7.24B$7.83B$4.84B$2.67B$762.86MUnavailable
Current assets$2.81B$2.23B$2.32B$2.36B$2.15B$2.08B$367.42MUnavailable
Total liabilities$3.34B$3.31B$3.83B$4.08B$2.45B$634.08M$368.95MUnavailable
Current liabilities$1.53B$889.49M$894.10M$1.01B$626.15M$503.22M$336.53MUnavailable
Total equity incl. NCI$3.24B$3.20B$3.19B$3.53B$2.39B$2.04B$393.91M$316.13M
Temporary (mezzanine) equity$252.64M$230.63M$225.80M$219.56M$0UnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivable$643.61M$573.88M$611.72M$633.78M$340.49M$274.26M$204.90MUnavailable
Goodwill$3.17B$3.17B$3.20B$3.20B$1.62B$286.25M$218.30M$45.41M
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payable$13.98M$13.95M$14.52M$20.22M$14.01M$11.30M$10.71MUnavailable

Cash flow

Unity Software Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Operating cash flow$422.96M$315.55M$234.70M-$59.43M-$111.45M$19.91M-$67.94M-$81.06M
Capital expenditures$19.02M$29.55M$55.92M$57.14M$41.94M$40.16M$27.04M$38.02M
Investing cash flow-$24.02M-$42.41M$44.04M$723.23M-$1.84B-$575.19M-$219.54M-$40.04M
Financing cash flow$110.09M-$338.31M-$174.02M-$226.63M$1.72B$1.70B$161.47M$148.25M
Net change in cash$536.42M-$76.39M$98.58M$439.09M-$227.35M$1.15B-$126.18M$27.14M
Stock-based compensation$385.21M$596.25M$648.70M$550.06M$347.16M$134.63M$30.96M$20.62M
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchases$0$0$250.00M$1.50B$0$110.00K$286.38M$0
Depreciation & amortization$460.94M$408.98M$563.92M$211.58M$64.57M$42.97M$31.11M$20.52M

Derived

Unity Software Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Free cash flow$403.93M$286.00M$178.78M-$116.57M-$153.39M-$20.24M-$94.97M-$119.08M
Gross margin74.2%73.5%66.5%68.2%77.2%77.7%78.1%78.7%
Operating margin-25.9%-41.6%-38.1%-63.4%-47.9%-35.6%-27.8%-34.2%
FCF margin21.8%15.8%8.2%-8.4%-13.8%-2.6%-17.5%-31.3%
SBC / revenue20.8%32.9%29.7%39.5%31.3%17.4%5.7%5.4%
Current ratio1.84x2.50x2.60x2.34x3.44x4.13x1.09xUnavailable
Revenue YoY growth2.0%-17.1%57.2%25.3%43.8%42.6%42.3%Unavailable
Net margin-21.8%-36.6%-37.6%-66.2%-48.0%-36.5%-30.1%-34.6%
R&D / revenue50.3%51.0%48.2%69.0%62.6%52.2%47.2%53.6%
CapEx / revenue1.0%1.6%2.6%4.1%3.8%5.2%5.0%10.0%
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open U in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-K · Filed 2026-02-11View SEC filing
10-Q · Filed 2025-11-05View SEC filing
10-Q · Filed 2025-08-06View SEC filing
10-Q · Filed 2025-05-07View SEC filing

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Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.