Income Statement Unity Software Inc.

Equities

U

US91332U1016

Software

Real-time Estimate Cboe BZX Other stock markets 23:01:43 11/03/2026 +03			5-day change	1st Jan Change
20.22 ^USD	-2.18%		-1.45%	-54.53%

03-03	BofA Securities Upgrades Unity Software to Neutral From Underperform, Raises Price Target to $19 From $18	MT
03-03	Unity Software's Risk Balance Improves as Valuation Reflects Negative Catalysts, BofA Securities Says	MT

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Published financial data: UNITY SOFTWARE INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	1.11B	1.39B	2.19B	1.81B	1.85B
Total Revenues	1.11B	1.39B	2.19B	1.81B	1.85B
Cost of Goods Sold, Total	248M	439M	720M	466M	476M
Gross Profit	862M	952M	1.47B	1.35B	1.37B
Selling General & Admin Expenses, Total	629M	830M	1.21B	1.01B	916M
R&D Expenses	696M	959M	1.01B	877M	930M
Other Operating Expenses	5.43M	2.59M	-	-	-
Other Operating Expenses, Total	1.33B	1.79B	2.23B	1.89B	1.85B
Operating Income	-468M	-840M	-762M	-541M	-471M
Interest Expense, Total	-1.13M	-7.4M	-24.58M	-23.54M	-24.01M
Interest And Investment Income	1.57M	7.19M	59.53M	112M	108M
Net Interest Expenses	435K	-212K	34.95M	88.02M	83.86M
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	-468M	-840M	-727M	-453M	-388M
Restructuring Charges	-	-576K	-70.37M	-214M	-7.67M
Merger & Related Restructuring Charges	-7.2M	-41.46M	-	-	-
Asset Writedown	-6.3M	-	-	-	-
Other Unusual Items	-50.1M	-	-	-	-
EBT, Incl. Unusual Items	-531M	-882M	-798M	-667M	-395M
Income Tax Expense	1.38M	37.06M	28.48M	-2.85M	6.3M
Earnings From Continuing Operations	-533M	-919M	-826M	-664M	-401M
Net Income to Company	-533M	-919M	-826M	-664M	-401M
Minority Interest	-	-1.57M	4.31M	173K	-1.27M
Net Income - (IS)	-533M	-921M	-822M	-664M	-403M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	-533M	-921M	-822M	-664M	-403M
Net Income to Common Excl. Extra Items	-533M	-921M	-822M	-664M	-403M
Per Share Items
Net EPS - Basic	-1.89	-2.97	-2.16	-1.68	-0.96
Basic EPS - Continuing Operations	-1.89	-2.97	-2.16	-1.68	-0.96
Basic Weighted Average Shares Outstanding	282M	311M	380M	396M	421M
Net EPS - Diluted	-1.89	-2.97	-2.16	-1.68	-0.96
Diluted EPS - Continuing Operations	-1.89	-2.97	-2.16	-1.68	-0.96
Diluted Weighted Average Shares Outstanding	282M	311M	380M	396M	421M
Normalized Basic EPS	-1.04	-1.7	-1.18	-0.71	-0.58
Normalized Diluted EPS	-1.04	-1.7	-1.18	-0.71	-0.58
American Depositary Receipts Ratio (ADR)	0.05	0.05	0.05	0.05	0.05
Supplemental Items
EBITDA	-404M	-629M	-199M	-132M	-10.44M
EBITA	-435M	-668M	-247M	-188M	-52.69M
EBIT	-468M	-840M	-762M	-541M	-471M
EBITDAR	-369M	-590M	-154M	-86.48M	21.42M
Effective Tax Rate - (Ratio)	-0.26	-4.2	-3.57	0.43	-1.59
Current Domestic Taxes	108K	13.86M	3.98M	5.08M	1.2M
Current Foreign Taxes	13.59M	26.26M	29.5M	17.75M	27.25M
Total Current Taxes	13.7M	40.12M	33.48M	22.83M	28.44M
Deferred Domestic Taxes	-5.72M	1.18M	1.44M	440K	3.41M
Deferred Foreign Taxes	-6.6M	-4.24M	-6.44M	-26.12M	-25.56M
Total Deferred Taxes	-12.32M	-3.06M	-5M	-25.68M	-22.15M
Normalized Net Income	-292M	-527M	-450M	-283M	-243M
Interest on Long-Term Debt	1.13M	7.4M	24.58M	23.54M	24.01M
Supplemental Operating Expense Items
Advertising Expense	24.2M	18.8M	12.6M	10.1M	8.2M
Selling and Marketing Expenses	345M	498M	835M	695M	653M
General and Administrative Expenses	284M	332M	380M	317M	263M
Research And Development Expense From Footnotes	696M	959M	1.05B	925M	930M
Net Rental Expense, Total	34.6M	38.33M	44.93M	45.54M	31.86M
Imputed Operating Lease Interest Expense	322K	972K	3.09M	3.29M	2.62M
Imputed Operating Lease Depreciation	34.28M	37.36M	41.83M	42.25M	29.24M
Stock-Based Comp., COGS (Total)	24.81M	57.31M	80.21M	44.74M	39.1M
Stock-Based Comp., R&D Exp. (Total)	166M	283M	290M	261M	190M
Stock-Based Comp., S&M Exp. (Total)	70.66M	118M	143M	129M	71.64M
Stock-Based Comp., G&A Exp. (Total)	86.08M	91.27M	135M	161M	84.8M
Total Stock-Based Compensation	347M	550M	649M	596M	385M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.06B	1.49B	1.59B	1.52B	2.06B
Short Term Investments	681M	102M	-	-	-
Total Cash And Short Term Investments	1.74B	1.59B	1.59B	1.52B	2.06B
Accounts Receivable, Total	340M	634M	612M	574M	644M
Total Receivables	340M	634M	612M	574M	644M
Prepaid Expenses	39.1M	135M	116M	127M	108M
Other Current Assets, Total	34.42M	8.8M	6.8M	6.5M	5.4M
Total Current Assets	2.15B	2.36B	2.32B	2.23B	2.81B
Gross Property Plant And Equipment	302M	366M	398M	347M	303M
Accumulated Depreciation	-97.8M	-124M	-144M	-170M	-173M
Net Property Plant And Equipment	204M	242M	254M	177M	130M
Goodwill	1.62B	3.2B	3.17B	3.17B	3.17B
Other Intangibles, Total	814M	1.92B	1.41B	1.07B	651M
Deferred Charges Long-Term	8.7M	5.3M	4.8M	5.4M	2.8M
Other Long-Term Assets, Total	42.52M	98.46M	86.56M	96.74M	75M
Total Assets	4.84B	7.83B	7.24B	6.74B	6.84B
Liabilities
Accounts Payable, Total	14.01M	20.22M	14.52M	13.95M	13.98M
Accrued Expenses, Total	145M	194M	178M	165M	170M
Current Portion of Long-Term Debt	-	-	-	-	556M
Current Portion of Leases	23.73M	34.47M	39.13M	33.7M	28.42M
Current Income Taxes Payable	64.76M	97.61M	90.81M	96.5M	101M
Unearned Revenue Current, Total	141M	218M	187M	186M	224M
Other Current Liabilities	238M	446M	385M	394M	431M
Total Current Liabilities	626M	1.01B	894M	889M	1.53B
Long-Term Debt	1.7B	2.71B	2.71B	2.24B	1.68B
Long-Term Leases	92.54M	108M	112M	81.09M	60.96M
Unearned Revenue Non Current	15.94M	103M	6.02M	16.85M	14.04M
Other Non Current Liabilities	9.9M	151M	106M	83.91M	61.7M
Total Liabilities	2.45B	4.08B	3.83B	3.31B	3.34B
Preferred Stock Convertible	-	-	-	-	-
Total Preferred Equity	-	-	-	-	-
Common Stock, Total	2K	2K	2K	2K	2K
Additional Paid In Capital	3.73B	5.78B	6.26B	6.94B	7.38B
Retained Earnings	-1.33B	-2.25B	-3.07B	-3.74B	-4.14B
Treasury Stock	-	-	-	-	-
Comprehensive Income and Other	-3.86M	-1.69M	-5.01M	-9.42M	-2.16M
Total Common Equity	2.39B	3.53B	3.18B	3.19B	3.24B
Minority Interest	-	226M	232M	236M	259M
Total Equity	2.39B	3.75B	3.41B	3.43B	3.5B
Total Liabilities And Equity	4.84B	7.83B	7.24B	6.74B	6.84B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	294M	375M	386M	410M	433M
ECS Total Common Shares Outstanding	293M	374M	385M	409M	433M
Book Value / Share	8.18	9.43	8.27	7.79	7.48
Tangible Book Value	-40.12M	-1.59B	-1.39B	-1.04B	-579M
Tangible Book Value Per Share	-0.14	-4.26	-3.61	-2.54	-1.34
Total Debt	1.82B	2.85B	2.86B	2.35B	2.32B
Net Debt	82.2M	1.26B	1.27B	836M	269M
Debt Equivalent Oper. Leases	277M	307M	359M	364M	255M
Minority Interest, Total (Incl. Fin. Div)	-	226M	232M	236M	259M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	103M	127M	146M	28.65M	22.4M
Full Time Employees	5.24K	7.7K	6.75K	4.99K	4.41K
Accumulated Allowance for Doubtful Accounts (Supple)	5.45M	9.4M	16.9M	17.3M	10.9M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-533M	-921M	-822M	-664M	-403M
Depreciation & Amortization - CF	31.08M	39.02M	48.43M	55.61M	42.25M
Amortization of Goodwill and Intangible Assets - (CF)	33.48M	173M	515M	353M	419M
Depreciation & Amortization, Total	64.57M	212M	564M	409M	461M
(Gain) Loss From Sale Of Asset	-	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	22.79M	5.88M
Stock-Based Compensation (CF)	347M	550M	649M	596M	385M
Other Operating Activities, Total	13.84M	22.99M	20.3M	-38.24M	-45.16M
Change In Accounts Receivable	-65.15M	-9.55M	21.79M	37.36M	-69.08M
Change In Accounts Payable	2.02M	-17.57M	-6.31M	742K	-545K
Change in Unearned Revenues	15.75M	167M	-128M	11.19M	33.82M
Change In Income Taxes	-1.3M	-	-	-	-
Change In Deferred Taxes	-13.03M	-	-	-	-
Change in Other Net Operating Assets	57.29M	-62.7M	-63.46M	-59.41M	54.64M
Cash from Operations	-111M	-59.43M	235M	316M	423M
Capital Expenditure	-41.94M	-57.14M	-55.92M	-29.55M	-19.02M
Cash Acquisitions	-1.58B	122M	-	-	-
Sale (Purchase) of Intangible assets	-	-	-	-12.86M	-3M
Investment in Marketable and Equity Securities, Total	-215M	659M	99.96M	-	-2M
Cash from Investing	-1.84B	723M	44.04M	-42.41M	-24.02M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	1.72B	1B	-	-	690M
Total Debt Issued	1.72B	1B	-	-	690M
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-	-	-	-415M	-642M
Total Debt Repaid	-	-	-	-415M	-642M
Issuance of Common Stock	66.7M	63.49M	75.98M	76.69M	119M
Repurchase of Common Stock	-	-1.5B	-250M	-	-
Issuance of Preferred Stock	-	-	-	-	-
Repurchase of Preferred Stock	-	-	-	-	-
Other Financing Activities, Total	-70.7M	210M	-	-	-57.67M
Cash from Financing	1.72B	-227M	-174M	-338M	110M
Foreign Exchange Rate Adjustments	459K	1.93M	-6.15M	-11.22M	27.4M
Net Change in Cash	-227M	439M	98.58M	-76.39M	536M
Supplemental Items
Cash Interest Paid	110K	-	20.39M	20M	20M
Cash Income Tax Paid (Refund)	5.65M	25.21M	22.47M	26.36M	10.59M
Levered Free Cash Flow	115M	184M	587M	638M	551M
Unlevered Free Cash Flow	116M	189M	603M	652M	566M
Change In Net Working Capital	-38.62M	-9.56M	77.56M	-27.7M	-36.27M
Net Debt Issued / Repaid	1.72B	1B	-	-415M	48.31M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-7.79	-8.29	-6.32	-4.84	-4.34
Return on Total Capital	-9.18	-9.71	-7.4	-5.61	-5.08
Return On Equity %	-24.04	-29.91	-23.05	-19.42	-11.6
Return on Common Equity	-24.04	-31.1	-24.5	-20.84	-12.53
Margin Analysis
Gross Profit Margin %	77.65	68.42	67.07	74.32	74.27
SG&A Margin	56.66	59.65	55.54	55.8	49.5
EBITDA Margin %	-36.33	-45.19	-9.08	-7.28	-0.56
EBITA Margin %	-39.13	-47.99	-11.29	-10.35	-2.85
EBIT Margin %	-42.15	-60.4	-34.86	-29.84	-25.48
Income From Continuing Operations Margin %	-47.96	-66.1	-37.78	-36.64	-21.71
Net Income Margin %	-47.96	-66.21	-37.58	-36.63	-21.78
Net Avail. For Common Margin %	-47.96	-66.21	-37.58	-36.63	-21.78
Normalized Net Income Margin	-26.32	-37.87	-20.59	-15.6	-13.16
Levered Free Cash Flow Margin	10.37	13.25	26.85	35.17	29.78
Unlevered Free Cash Flow Margin	10.43	13.58	27.55	35.98	30.59
Asset Turnover
Asset Turnover	0.3	0.22	0.29	0.26	0.27
Fixed Assets Turnover	5.5	6.23	8.81	8.4	12.02
Receivables Turnover (Average Receivables)	3.61	2.86	3.51	3.06	3.04
Short Term Liquidity
Current Ratio	3.44	2.34	2.6	2.5	1.84
Quick Ratio	3.32	2.2	2.46	2.35	1.77
Operating Cash Flow to Current Liabilities	-0.18	-0.06	0.26	0.35	0.28
Days Sales Outstanding (Average Receivables)	101.03	127.82	103.92	119.66	120.13
Average Days Payable Outstanding	18.61	14.22	8.8	11.19	10.71
Long Term Solvency
Total Debt/Equity	75.98	75.9	83.84	68.68	66.49
Total Debt / Total Capital	43.18	43.15	45.6	40.72	39.94
LT Debt/Equity	74.99	74.98	82.69	67.7	49.77
Long-Term Debt / Total Capital	42.61	42.63	44.98	40.13	29.89
Total Liabilities / Total Assets	50.54	52.08	52.86	49.13	48.87
EBIT / Interest Expense	-413.85	-113.48	-31.02	-22.98	-19.64
EBITDA / Interest Expense	-326.17	-79.72	-6.25	-3.67	0.89
(EBITDA - Capex) / Interest Expense	-363.25	-87.44	-8.52	-4.93	0.1
Total Debt / EBITDA	-4.93	-4.83	-18.64	-27.22	108.55
Net Debt / EBITDA	-0.22	-2.14	-8.28	-9.67	12.56
Total Debt / (EBITDA - Capex)	-4.43	-4.4	-13.66	-20.29	971.88
Net Debt / (EBITDA - Capex)	-0.2	-1.95	-6.07	-7.21	112.41
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	43.77	25.26	57.24	-17.1	2.01
Gross Profit, 1 Yr. Growth %	43.43	10.36	54.58	-8.15	1.94
EBITDA, 1 Yr. Growth %	145.85	56.17	-70.38	-33.5	-92.09
EBITA, 1 Yr. Growth %	129.52	53.98	-65.18	-24.02	-71.92
EBIT, 1 Yr. Growth %	126.01	79.88	-13.52	-29.04	-12.87
Earnings From Cont. Operations, 1 Yr. Growth %	88.66	72.64	-10.13	-19.61	-39.56
Net Income, 1 Yr. Growth %	88.66	72.93	-10.75	-19.21	-39.35
Normalized Net Income, 1 Yr. Growth %	120.06	80.64	-18.52	-37.17	-13.95
Diluted EPS Before Extra, 1 Yr. Growth %	13.64	57.17	-27.16	-22.37	-42.95
Accounts Receivable, 1 Yr. Growth %	24.15	86.14	-3.48	-6.19	12.15
Net Property, Plant and Equip., 1 Yr. Growth %	2.68	18.53	4.85	-30.2	-26.43
Total Assets, 1 Yr. Growth %	81.24	61.81	-7.54	-6.99	1.49
Tangible Book Value, 1 Yr. Growth %	-102.37	3.88K	-12.82	-25.07	-44.39
Common Equity, 1 Yr. Growth %	17.54	47.36	-9.8	0.25	1.47
Cash From Operations, 1 Yr. Growth %	-659.68	-46.67	-494.91	34.45	34.04
Capital Expenditures, 1 Yr. Growth %	4.44	36.24	-2.13	-47.16	-35.62
Levered Free Cash Flow, 1 Yr. Growth %	104.14	58.35	270.71	8.59	-13.63
Unlevered Free Cash Flow, 1 Yr. Growth %	101.99	61.35	269.61	8.26	-13.28
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	43.17	34.19	40.34	14.17	-8.04
Gross Profit, 2 Yr. CAGR %	42.72	25.93	30.85	19.19	-2.79
EBITDA, 2 Yr. CAGR %	86.54	64.66	-34.81	-55.63	-80.3
EBITA, 2 Yr. CAGR %	79.09	61.16	-29.6	-48.58	-59.25
EBIT, 2 Yr. CAGR %	78.4	74.85	19.75	-21.69	-24.77
Earnings From Cont. Operations, 2 Yr. CAGR %	80.66	80.47	24.56	-15	-30.3
Net Income, 2 Yr. CAGR %	80.66	80.63	24.23	-15.09	-30
Normalized Net Income, 2 Yr. CAGR %	76.78	73.44	16.47	-28.48	-29.82
Diluted EPS Before Extra, 2 Yr. CAGR %	-11.12	33.64	6.92	-24.8	-33.45
Accounts Receivable, 2 Yr. CAGR %	28.91	52.02	34.04	-4.84	2.57
Net Property, Plant and Equip., 2 Yr. CAGR %	60.92	10.32	11.48	-14.46	-28.34
Total Assets, 2 Yr. CAGR %	151.92	71.25	22.32	-7.26	-2.84
Tangible Book Value, 2 Yr. CAGR %	-73.54	-2.95	488.68	-19.18	-35.45
Common Equity, 2 Yr. CAGR %	186.04	31.6	15.29	-4.9	0.86
Cash From Operations, 2 Yr. CAGR %	28.08	72.76	45.12	130.42	34.24
Capital Expenditures, 2 Yr. CAGR %	24.55	19.29	15.47	-28.09	-41.67
Levered Free Cash Flow, 2 Yr. CAGR %	152.02	261.69	177.92	100.86	0.69
Unlevered Free Cash Flow, 2 Yr. CAGR %	152.8	254.44	180.23	100.26	0.64
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	42.88	36.93	41.48	17.75	9.96
Gross Profit, 3 Yr. CAGR %	42.26	31	34.71	16.29	13.14
EBITDA, 3 Yr. CAGR %	54.33	75.67	-5.04	-34.37	-75.03
EBITA, 3 Yr. CAGR %	50.91	70.16	-1.33	-27.78	-57.97
EBIT, 3 Yr. CAGR %	53.15	78.76	40.51	0.58	-18.85
Earnings From Cont. Operations, 3 Yr. CAGR %	59.36	77.94	43.05	7.64	-24.13
Net Income, 3 Yr. CAGR %	59.36	78.05	42.8	7.63	-24.1
Normalized Net Income, 3 Yr. CAGR %	52.2	77.93	37	-5.19	-23.93
Diluted EPS Before Extra, 3 Yr. CAGR %	14.98	7.48	9.16	-3.9	-31.42
Accounts Receivable, 3 Yr. CAGR %	30.71	45.7	30.66	19.01	0.51
Net Property, Plant and Equip., 3 Yr. CAGR %	44.44	45.33	8.47	-4.63	-18.65
Total Assets, 3 Yr. CAGR %	101.78	117.36	39.45	11.65	-4.43
Tangible Book Value, 3 Yr. CAGR %	-50.88	40.67	-6.36	196.13	-28.65
Common Equity, 3 Yr. CAGR %	103.53	129.3	16.03	10.04	-2.83
Cash From Operations, 3 Yr. CAGR %	11.2	-4.36	127.58	41.47	92.35
Capital Expenditures, 3 Yr. CAGR %	3.32	28.33	11.67	-11.02	-30.69
Levered Free Cash Flow, 3 Yr. CAGR %	-	116.63	246.71	103.18	51.61
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	118.43	242.18	104.1	51.51
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	41.86	27.33	19.08
Gross Profit, 5 Yr. CAGR %	-	-	37.41	26.06	18.01
EBITDA, 5 Yr. CAGR %	-	-	12.58	2.63	-46.21
EBITA, 5 Yr. CAGR %	-	-	14.32	6.73	-27.16
EBIT, 5 Yr. CAGR %	-	-	42.38	29.76	11.4
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	44.4	32.41	7.3
Net Income, 5 Yr. CAGR %	-	-	44.25	32.41	7.37
Normalized Net Income, 5 Yr. CAGR %	-	-	40.28	24.78	6.81
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	11.72	-6.83	-10.44
Accounts Receivable, 5 Yr. CAGR %	-	-	32.03	22.87	18.6
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	30.22	17.57	-8.11
Total Assets, 5 Yr. CAGR %	-	-	65.17	54.6	20.68
Tangible Book Value, 5 Yr. CAGR %	-	-	32.65	12.7	-19.31
Common Equity, 5 Yr. CAGR %	-	-	62.14	61.25	9.71
Cash From Operations, 5 Yr. CAGR %	-	-	23.69	35.95	84.26
Capital Expenditures, 5 Yr. CAGR %	-	-	8.02	1.79	-13.88
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	103.82	108.17
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	104.75	106.58