U - Unity Software Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$34.31
DETAILS
HIGH:
$48.00
LOW:
$27.00
MEDIAN:
$33.00
CONSENSUS:
$34.31
UPSIDE:
34.18%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Revenue | 1,849.6 | 1,813.3 | 2,187.3 | 1,391.0 | 1,110.5 | 772.4 | 541.8 | 380.8 |
| Cost of Revenue | 477.7 | 480.9 | 733.7 | 442.5 | 253.6 | 172.3 | 118.6 | 81.3 |
| Gross Profit | 1,371.9 | 1,332.4 | 1,453.6 | 948.5 | 856.9 | 600.1 | 423.2 | 299.5 |
| Operating Expenses | ||||||||
| R&D Expenses | 929.5 | 924.8 | 1,053.6 | 959.5 | 695.7 | 403.5 | 255.9 | 204.1 |
| SG&A Expenses | 865.0 | 1,162.7 | 1,232.8 | 871.2 | 692.9 | 471.4 | 317.9 | 225.7 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 1,794.5 | 2,087.6 | 2,286.4 | 1,830.7 | 1,388.6 | 874.9 | 573.9 | 429.8 |
| Operating Income | ||||||||
| Operating Income | (422.6) | (755.1) | (832.8) | (882.2) | (531.7) | (274.8) | (150.7) | (130.3) |
| Interest Expense | 24.0 | 23.5 | 24.6 | 7.4 | 1.1 | 5.4 | 2.6 | 2.3 |
| Interest Income | 0 | 111.6 | 59.5 | 7.2 | 1.6 | 0 | 0 | 0 |
| Profitability | ||||||||
| EBITDA | 38.4 | (234.6) | (209.3) | (663.4) | (465.5) | (231.8) | (119.6) | (109.8) |
| EBIT | (422.6) | (643.6) | (773.3) | (875.0) | (530.1) | (274.8) | (150.7) | (130.3) |
| Income Before Tax | (395.2) | (667.1) | (797.8) | (882.4) | (531.2) | (280.2) | (153.2) | (132.6) |
| Income Tax Expense | 6.3 | (2.8) | 28.5 | 37.1 | 1.4 | 2.1 | 9.9 | (1.0) |
| Net Income | (402.8) | (664.1) | (822.0) | (919.5) | (532.6) | (282.3) | (163.2) | (131.6) |
| Per Share Data | ||||||||
| EPS (Basic) | -0.96 | -1.68 | -2.16 | -2.96 | -1.89 | -1.66 | -0.72 | -0.58 |
| EPS (Diluted) | -0.96 | -1.68 | -2.16 | -2.96 | -1.89 | -1.66 | -0.72 | -0.58 |
| Shares Outstanding | 420.9 | 396.0 | 380.5 | 310.5 | 282.2 | 170.0 | 228.2 | 228.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||
| Cash & Cash Equivalents | 2,055.8 | 1,517.7 | 1,590.3 | 1,485.1 | 1,055.8 | 1,272.6 | 130.0 | 258.7 |
| Short-Term Investments | 0 | 0 | 0 | 101.7 | 681.3 | 479.4 | 0 | 0 |
| Net Receivables | 643.6 | 573.9 | 611.7 | 633.8 | 340.5 | 274.3 | 204.9 | 152.5 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 113.0 | 133.8 | 122.8 | 0 | 0 | 22.4 | 9.4 | 13.9 |
| Total Current Assets | 2,812.5 | 2,225.4 | 2,324.9 | 2,364.6 | 2,151.1 | 2,080.7 | 367.4 | 438.6 |
| Non-Current Assets | ||||||||
| Property, Plant & Equipment | 68.3 | 98.8 | 140.9 | 121.9 | 106.1 | 199.2 | 79.0 | 67.9 |
| Goodwill | 3,166.3 | 3,166.3 | 3,166.3 | 3,201.0 | 1,620.1 | 286.3 | 218.3 | 45.4 |
| Intangible Assets | 650.5 | 1,066.2 | 1,406.7 | 1,922.2 | 814.4 | 57.5 | 62.0 | 9.1 |
| Long-Term Investments | 8.5 | 10.2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 131.5 | 170.5 | 204.6 | 224.3 | 149.6 | 47.7 | 36.1 | 28.3 |
| Total Non-Current Assets | 4,025.1 | 4,512.1 | 4,918.6 | 5,469.3 | 2,690.2 | 590.6 | 395.4 | 150.7 |
| Total Assets | 6,837.6 | 6,737.4 | 7,243.4 | 7,834.0 | 4,841.3 | 2,671.2 | 762.9 | 589.3 |
| Current Liabilities | ||||||||
| Account Payables | 14.0 | 13.9 | 14.5 | 20.2 | 14.0 | 11.3 | 10.7 | 9.3 |
| Short-Term Debt | 556.5 | 33.7 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 224.4 | 186.3 | 186.8 | 218.1 | 140.5 | 113.9 | 86.0 | 55.0 |
| Other Current Liabilities | 602.0 | 40.3 | 90.8 | 121.7 | 60.2 | 52.8 | 30.2 | 23.6 |
| Total Current Liabilities | 1,525.9 | 889.5 | 894.1 | 1,010.3 | 626.1 | 503.2 | 336.5 | 253.7 |
| Non-Current Liabilities | ||||||||
| Long-Term Debt | 1,739.9 | 2,238.9 | 2,711.8 | 2,707.2 | 1,703.0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0.7 | 83.9 | 217.2 | 259.0 | 9.3 | 11.8 | 21.8 | 8.9 |
| Total Non-Current Liabilities | 1,815.6 | 2,420.8 | 2,935.0 | 3,069.6 | 1,820.8 | 130.9 | 32.4 | 19.4 |
| Total Liabilities | 3,341.5 | 3,310.3 | 3,829.1 | 4,079.9 | 2,447.0 | 634.1 | 368.9 | 273.2 |
| Stockholders' Equity | ||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (4,138.7) | (3,735.9) | (3,071.8) | (2,249.8) | (1,331.6) | (797.5) | (515.2) | (352) |
| Accumulated Other Comprehensive Income | (2.2) | (9.4) | (5.0) | (1.7) | (3.9) | (3.4) | (3.6) | (3.5) |
| Total Stockholders' Equity | 3,237.4 | 3,190.7 | 3,182.6 | 3,528.3 | 2,394.4 | 2,037.1 | 393.9 | 316.1 |
| Total Liabilities & Equity | 6,837.6 | 6,737.4 | 7,243.4 | 7,834.0 | 4,841.3 | 2,671.2 | 762.9 | 589.3 |
| Debt Metrics | ||||||||
| Total Debt | 2,385.7 | 2,353.7 | 2,711.8 | 2,707.2 | 1,819.3 | 123.9 | 0 | 0 |
| Net Debt | 329.9 | 836.0 | 1,121.4 | 1,222.1 | 763.5 | (1,148.7) | (130.0) | (258.7) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | (401.5) | (664.3) | (826.3) | (919.5) | (532.6) | (282.3) | (163.2) | (131.6) |
| Depreciation & Amortization | 460.9 | 409.0 | 563.9 | 211.6 | 64.6 | 43.0 | 31.1 | 20.5 |
| Stock-Based Compensation | 385.2 | 596.2 | 648.7 | 550.1 | 347.2 | 134.6 | 44.5 | 20.9 |
| Change in Working Capital | 18.8 | (10.1) | (176.2) | 77.0 | (4.4) | 57.8 | 19.5 | 8.3 |
| Other Non-Cash Items | (40.5) | (15.3) | 24.6 | 21.4 | 13.8 | 66.9 | 0.1 | 0.8 |
| Operating Cash Flow | 423.0 | 315.6 | 234.7 | (59.4) | (111.4) | 19.9 | (67.9) | (81.1) |
| Investing Activities | ||||||||
| Capital Expenditure | (19.0) | (42.4) | (55.9) | (57.1) | (41.9) | (40.9) | (27.0) | (38.0) |
| Acquisitions | 0 | 0 | 0 | 121.5 | (1,580.1) | (52.5) | (192.5) | (2.0) |
| Purchases of Investments | (2) | 0 | (2.7) | (165.9) | (524.3) | (483.5) | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 102.7 | 824.7 | 309.0 | 1.6 | 0 | 0 |
| Other Investing Activities | (3) | (12.9) | 0 | 0 | 0 | (0.8) | 0 | 0 |
| Investing Cash Flow | (24.0) | (42.4) | 44.0 | 723.2 | (1,837.4) | (575.2) | (219.5) | (40.0) |
| Financing Activities | ||||||||
| Net Debt Issuance | 0 | (415.0) | 0 | 1,000 | 1,725 | 0 | 0 | 0 |
| Stock Repurchased | 0 | 0 | (250) | (1,500) | 0 | (0.1) | (435.1) | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 110.1 | 0 | 76.0 | 273.4 | (4.0) | 34.0 | 11.4 | 3.3 |
| Financing Cash Flow | 110.1 | (338.3) | (174.0) | (226.6) | 1,721.0 | 1,701.5 | 161.5 | 148.3 |
| Cash Position | ||||||||
| Net Change in Cash | 536.4 | (76.4) | 98.6 | 439.1 | (227.3) | 1,146.9 | (126.2) | 27.1 |
| Cash at Beginning | 1,527.9 | 1,604.3 | 1,505.7 | 1,066.6 | 1,293.9 | 147.1 | 273.3 | 246.1 |
| Cash at End | 2,064.3 | 1,527.9 | 1,604.3 | 1,505.7 | 1,066.6 | 1,293.9 | 147.1 | 273.3 |
| Free Cash Flow | 403.9 | 273.1 | 178.8 | (116.6) | (153.4) | (21.0) | (95.0) | (119.1) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 1,849.6 | 1,813.3 | 2,187.3 | 1,391.0 | 1,110.5 | 772.4 | 541.8 | 380.8 |
| Gross Profit | 1,371.9 | 1,332.4 | 1,453.6 | 948.5 | 856.9 | 600.1 | 423.2 | 299.5 |
| Operating Income | (422.6) | (755.1) | (832.8) | (882.2) | (531.7) | (274.8) | (150.7) | (130.3) |
| Net Income | (402.8) | (664.1) | (822.0) | (919.5) | (532.6) | (282.3) | (163.2) | (131.6) |
| EPS (Diluted) | -0.96 | -1.68 | -2.16 | -2.96 | -1.89 | -1.66 | -0.72 | -0.58 |
| Balance Sheet | ||||||||
| Cash & Equivalents | 2,055.8 | 1,517.7 | 1,590.3 | 1,485.1 | 1,055.8 | 1,272.6 | 130.0 | 258.7 |
| Total Assets | 6,837.6 | 6,737.4 | 7,243.4 | 7,834.0 | 4,841.3 | 2,671.2 | 762.9 | 589.3 |
| Total Debt | 2,385.7 | 2,353.7 | 2,711.8 | 2,707.2 | 1,819.3 | 123.9 | 0 | 0 |
| Stockholders' Equity | 3,237.4 | 3,190.7 | 3,182.6 | 3,528.3 | 2,394.4 | 2,037.1 | 393.9 | 316.1 |
| Cash Flow | ||||||||
| Operating Cash Flow | 423.0 | 315.6 | 234.7 | (59.4) | (111.4) | 19.9 | (67.9) | (81.1) |
| Capital Expenditure | (19.0) | (42.4) | (55.9) | (57.1) | (41.9) | (40.9) | (27.0) | (38.0) |
| Free Cash Flow | 403.9 | 273.1 | 178.8 | (116.6) | (153.4) | (21.0) | (95.0) | (119.1) |