U financial statements

The full income statement, balance sheet, and cash-flow statement for Unity Software Inc. (U), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 396.9M2024-09 402.8M2024-12 409.7M2025-03 415.7M2025-06 422.5M2025-09 427.9M2025-12 433.0M2026-03 436.5M2026-06 440.1M+10.9% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	1.85B YoY+2.0%	1.81B YoY-17.1%	2.19B YoY+57.2%	1.39B YoY+25.3%	1.11B YoY+43.8%
	1.37B YoY+3.0%	1.33B YoY-8.3%	1.45B YoY+53.2%	949M YoY+10.7%	857M YoY+42.8%
Cost of revenue	478M YoY-0.6%	481M YoY-34.5%	734M YoY+65.8%	443M YoY+74.5%	254M YoY+47.2%
	1.85B YoY-11.3%	2.09B YoY-8.7%	2.29B YoY+24.9%	1.83B YoY+31.8%	1.39B YoY+58.7%
Research & development	930M YoY+0.5%	925M YoY-12.2%	1.05B YoY+9.8%	959M YoY+37.9%	696M YoY+72.4%
Selling, general & administrative	269M YoY-34.5%	410M YoY+3.0%	398M YoY+6.7%	373M YoY+7.3%	348M YoY+36.4%
General & administrative	269M YoY-34.5%	410M YoY+3.0%	398M YoY+6.7%	373M YoY+7.3%	348M YoY+36.4%
Selling & marketing	653M YoY-13.3%	753M YoY-9.8%	835M YoY+67.6%	498M YoY+44.4%	345M YoY+59.4%
Amortization of intangibles	419M YoY+18.5%	353M YoY-31.4%	515M YoY+198.7%	173M YoY+415.3%	33.5M YoY+88.6%
Provision for credit losses	2.70M YoY-64.9%	7.70M YoY-46.2%	14.3M YoY+164.8%	5.40M	—
Operating income	-479M YoY+36.6%	-755M YoY+9.3%	-833M YoY+5.6%	-882M YoY-65.9%	-532M YoY-93.5%
Interest expense	24.0M YoY+2.0%	23.5M YoY-4.2%	24.6M YoY+232.0%	7.40M YoY+554.6%	1.13M YoY-25.6%
Other non-operating income	108M YoY-3.3%	112M YoY+87.4%	59.5M YoY+727.7%	7.19M YoY+359.3%	1.57M YoY+140.3%
Pre-tax income	-395M YoY+40.8%	-667M YoY+16.4%	-798M YoY+9.6%	-882M YoY-66.1%	-531M YoY-89.6%
Income tax	6.29M YoY+321.2%	-2.85M YoY-110.0%	28.5M YoY-23.2%	37.1M YoY+2591.6%	1.38M YoY-34.1%
	-403M YoY+39.4%	-664M YoY+19.2%	-822M YoY+10.8%	-921M YoY-72.9%	-533M YoY-88.7%
Net income to non-controlling interest	1.27M YoY+835.3%	-173K YoY+96.0%	-4.31M YoY-232.6%	-1.30M	0.00
Net income to common	—	—	—	—	-533M YoY-88.7%
	-$0.96 YoY+42.9%	-$1.68 YoY+22.2%	-$2.16 YoY+27.0%	-$2.96 YoY-56.6%	-$1.89 YoY-13.9%
EPS (basic)	-$0.96 YoY+42.9%	-$1.68 YoY+22.2%	-$2.16 YoY+27.0%	-$2.96 YoY-56.6%	-$1.89 YoY-13.9%
	421M YoY+6.3%	396M YoY+4.1%	380M YoY+22.5%	311M YoY+10.0%	282M YoY+66.0%
	421M YoY+6.3%	396M YoY+4.1%	380M YoY+22.5%	311M YoY+10.0%	282M YoY+66.0%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	2.81B YoY+26.4%	2.23B YoY-4.3%	2.32B YoY-1.7%	2.36B YoY+9.9%	2.15B YoY+3.4%
Cash & equivalents	2.06B YoY+35.5%	1.52B YoY-4.6%	1.59B YoY+7.1%	1.49B YoY+40.7%	1.06B YoY-17.0%
Short-term investments	—	—	—	102M YoY-85.1%	681M
Accounts receivable	644M YoY+12.2%	574M YoY-6.2%	612M YoY-3.5%	634M YoY+86.1%	340M YoY+24.2%
Prepaid expenses	113M YoY-15.5%	134M YoY+8.9%	123M YoY-14.7%	144M YoY+96.0%	73.5M YoY+129.6%
Other current assets	—	—	—	—	34.4M YoY+53.7%
	6.84B YoY+1.5%	6.74B YoY-7.0%	7.24B YoY-7.5%	7.83B YoY+61.8%	4.84B YoY+81.2%
Property, plant & equipment	68.3M YoY-30.9%	98.8M YoY-29.9%	141M YoY+15.6%	122M YoY+14.9%	106M YoY+11.1%
Operating lease right-of-use	62.2M YoY-20.8%	78.6M YoY-30.6%	113M YoY-6.0%	121M YoY+22.5%	98.4M YoY-5.0%
Goodwill	3.17B YoY+0.0%	3.17B YoY-1.1%	3.20B YoY-0.0%	3.20B YoY+97.6%	1.62B YoY+466.0%
Intangible assets	651M YoY-39.0%	1.07B YoY-24.2%	1.41B YoY-26.8%	1.92B YoY+136.0%	814M YoY+1317.3%
Other non-current assets	140M YoY-22.5%	181M YoY-11.7%	205M YoY-8.8%	224M YoY+49.9%	150M YoY+468.2%
	1.53B YoY+71.5%	889M YoY-0.5%	894M YoY-11.5%	1.01B YoY+61.3%	626M YoY+24.4%
Accounts payable	14.0M YoY+0.2%	13.9M YoY-3.9%	14.5M YoY-28.2%	20.2M YoY+44.3%	14.0M YoY+23.9%
Accrued liabilities	123M YoY-1.0%	124M YoY-1.4%	126M YoY+17.8%	107M YoY+25.6%	85.3M YoY+59.3%
Deferred revenue	224M YoY+20.5%	186M YoY-0.2%	187M YoY-14.4%	218M YoY+55.2%	141M YoY+23.4%
Current lease liability	28.4M YoY-15.7%	33.7M YoY-13.9%	39.1M YoY+13.5%	34.5M YoY+45.3%	23.7M YoY-6.5%
	3.34B YoY+0.9%	3.31B YoY-13.5%	3.83B YoY-6.1%	4.08B YoY+66.7%	2.45B YoY+285.9%
Deferred revenue (non-current)	14.0M YoY-16.7%	16.8M YoY+180.1%	6.01M YoY-94.2%	103M YoY+548.7%	15.9M YoY-22.3%
Non-current lease liability	61.0M YoY-24.8%	81.1M YoY-27.4%	112M YoY+3.6%	108M YoY+16.5%	92.5M YoY-6.1%
Operating lease liability (total)	89.4M YoY-22.1%	115M YoY-23.9%	151M YoY+6.0%	142M YoY+22.3%	116M YoY-6.2%
Other non-current liabilities	123M YoY-25.7%	165M YoY-24.0%	217M YoY-16.1%	259M YoY+154.3%	102M YoY+762.6%
	3.24B YoY+1.5%	3.19B YoY+0.3%	3.18B YoY-9.8%	3.53B YoY+47.4%	2.39B YoY+17.5%
Preferred stock	—	—	—	—	0.00
Common stock	2.00K YoY+0.0%	2.00K YoY+0.0%	2.00K YoY+0.0%	2.00K YoY+0.0%	2.00K YoY+0.0%
Additional paid-in capital	7.38B YoY+6.4%	6.94B YoY+10.8%	6.26B YoY+8.3%	5.78B YoY+55.0%	3.73B YoY+31.4%
Retained earnings	-4.14B YoY-10.8%	-3.74B YoY-21.6%	-3.07B YoY-36.5%	-2.25B YoY-69.0%	-1.33B YoY-67.0%
Accumulated other comprehensive income	-2.16M YoY+77.1%	-9.43M YoY-88.2%	-5.01M YoY-196.2%	-1.69M YoY+56.2%	-3.86M YoY-12.9%
Non-controlling interest	6.07M YoY+3.7%	5.85M YoY-1.5%	5.94M YoY-5.7%	6.30M	0.00
Total equity incl. non-controlling	3.24B YoY+1.5%	3.20B YoY+0.2%	3.19B YoY-9.8%	3.53B YoY+47.6%	2.39B YoY+17.5%
Total liabilities & equity	6.84B YoY+1.5%	6.74B YoY-7.0%	7.24B YoY-7.5%	7.83B YoY+61.8%	4.84B YoY+81.2%
	433M YoY+5.7%	409M YoY+6.4%	385M YoY+2.8%	374M YoY+27.9%	293M YoY+7.0%
	433M YoY+5.7%	409M YoY+6.4%	385M YoY+2.8%	374M YoY+27.9%	293M YoY+7.0%
	433M YoY+5.7%	410M YoY+6.1%	386M YoY+3.0%	375M YoY+27.4%	294M YoY+5.8%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	423M YoY+34.0%	316M YoY+34.4%	235M YoY+494.9%	-59.4M YoY+46.7%	-111M YoY-659.7%
Depreciation & amortization	461M YoY+12.7%	409M YoY-27.5%	564M YoY+166.5%	212M YoY+227.7%	64.6M YoY+50.2%
Intangible amortization	419M YoY+18.5%	353M YoY-31.4%	515M YoY+198.7%	173M YoY+415.3%	33.5M YoY+88.6%
Share-based compensation	385M YoY-35.4%	596M YoY-8.1%	649M YoY+17.9%	550M YoY+58.4%	347M YoY+157.9%
Deferred income taxes	-22.1M YoY+13.7%	-25.7M YoY-413.4%	-5.00M YoY-63.7%	-3.06M YoY+75.2%	-12.3M YoY-363.5%
Change in receivables	69.1M YoY+284.9%	-37.4M YoY-71.4%	-21.8M YoY-328.2%	9.55M YoY-85.3%	65.2M YoY+2.9%
Change in payables	-545K YoY-173.5%	742K YoY+111.8%	-6.31M YoY+64.1%	-17.6M YoY-969.1%	2.02M YoY+180.0%
Other operating activities	-3.68M YoY-115.8%	23.3M YoY-5.3%	24.6M YoY+14.9%	21.4M YoY+54.7%	13.8M YoY+326.5%
	-24.0M YoY+43.4%	-42.4M YoY-196.3%	44.0M YoY-93.9%	723M YoY+139.4%	-1.84B YoY-219.4%
Capital expenditure	19.0M YoY-35.6%	29.5M YoY-47.2%	55.9M YoY-2.1%	57.1M YoY+36.2%	41.9M YoY+4.4%
Free cash flow	404M YoY+41.2%	286M YoY+60.0%	179M YoY+253.4%	-117M YoY+24.0%	-153M YoY-657.7%
Acquisitions	0.00	0.00	0.00 YoY+100.0%	-122M YoY-107.7%	1.58B YoY+2911.1%
Sales/maturities of investments	0.00	0.00 YoY-100.0%	103M YoY-73.5%	387M YoY+25.4%	309M YoY+18693.0%
	110M YoY+132.5%	-338M YoY-94.4%	-174M YoY+23.2%	-227M YoY-113.2%	1.72B YoY+1.1%
Long-term debt issued	0.00	0.00	0.00	0.00	0.00
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00	0.00 YoY-100.0%
Common stock repurchased	0.00	0.00 YoY-100.0%	250M YoY-83.3%	1.50B	0.00 YoY-100.0%
Dividends paid	0.00	0.00	0.00	0.00	0.00
FX effect on cash	—	—	—	1.93M YoY+319.6%	459K YoY-31.8%
Net change in cash	536M YoY+802.2%	-76.4M YoY-177.5%	98.6M YoY-77.5%	439M YoY+293.1%	-227M YoY-119.8%
Interest paid	20.0M YoY+0.0%	20.0M YoY-1.9%	20.4M	0.00 YoY-100.0%	110K YoY-92.1%
Income taxes paid	10.6M YoY-59.8%	26.4M YoY+17.3%	22.5M YoY-10.9%	25.2M YoY+346.0%	5.65M YoY-71.7%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	19.1B YoY+107.8%	9.21B YoY-40.8%	15.5B YoY+80.7%	8.60B YoY-79.6%	42.1B YoY-1.4%
P/S	10.3× YoY+103.7%	5.1× YoY-33.7%	7.7× YoY+11.9%	6.8× YoY-81.9%	37.9× YoY-31.4%
P/B	5.9× YoY+104.8%	2.9× YoY-39.8%	4.8× YoY+22.8%	3.9× YoY-77.8%	17.6× YoY-16.1%
P/FCF	47.3× YoY+47.1%	32.2× YoY-88.8%	286.8×	—	—
	2.1% YoY-32.0%	3.1% YoY+791.1%	0.35%	—	—
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: U's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all U filings on SEC EDGAR → Not investment advice.