NYSE$U
Unity Software Inc. · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Unity's Q1 2021 financial results were announced, revealing a 41% increase in revenue and exceeding expectations, leading to an increased 2021 revenue outlook.
Unity's Q1 2021 revenue reached $234.8 million, a 41% increase year-over-year. The company's performance was driven by the transition to real-time 3D content creation and operation. Unity raised its full year guidance by $50 million.
- Revenue was $234.8 million, up 41% year-over-year.
- Create Solutions, Operate Solutions, and Strategic Partnerships and Other revenue increased 51%, 40%, and 12%, respectively.
- 837 customers generated more than $100,000 of revenue in the trailing 12 months.
- Dollar-based net expansion rate was 140%.
Headline financials
Revenue & EPS history
Unity · Revenue · Quarterly
$235M
Revenue by segment
Unity · $217M total across 2 segments · Q1 2021
- Grow Solutions$147M+40.0%67.6%
- Create Solutions$70.4M+51.1%32.4%
Forward guidance
Unity is providing the following guidance for the second quarter of and full year ending December 31, 2021.
Tailwinds
- Q2 2021 Revenue (in millions): $240 - $245
- Q2 2021 Year-over-year revenue growth: 30% - 33%
- Q2 2021 Non-GAAP loss from operations (in millions): ($30) - ($40)
- 2021 Revenue (in millions): $1,000 - $1,015
- 2021 Year-over-year revenue growth: 29% - 31%
Headwinds
- Q2 2021 Non-GAAP operating margin: (12%) - (17%)
- Q2 2021 Weighted-average fully diluted shares outstanding: 329M
- 2021 Non-GAAP loss from operations (in millions): ($90) - ($100)
- 2021 Non-GAAP operating margin: (9)% - (10%)
- 2021 Weighted-average fully diluted shares outstanding: 334M
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
+2.1%
Avg return
Earnings day
+3.9%
Avg return
5 days after
+5.8%
Avg return
30 days after
58%
14 / 24 earnings
Positive
+30.4%
Q4 2024
Best reaction
-39.9%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.8% | -1.7% | +6.9% | |
| Q4 2025 | -26.3% | -35.7% | -33.1% | |
| Q3 2025 | +18.1% | +20.2% | +27.6% | |
| Q1 2025 | -3.1% | +2.4% | +17.9% | |
| Q4 2024 | +30.4% | +19.5% | +0.4% | |
| Q3 2024 | -5.4% | -11.3% | +27.9% | |
| Q2 2024 | +11.6% | +16.7% | +13.9% | |
| Q1 2024 | -10.0% | -4.4% | -28.3% | |
| Q4 2023 | -0.8% | -7.5% | -13.7% | |
| Q3 2023 | +3.6% | +12.0% | +25.5% | |
| Q2 2023 | -9.2% | -11.8% | -18.1% | |
| Q1 2023 | +14.8% | +6.1% | +28.4% | |
| Q4 2022 | -12.7% | -18.8% | -21.3% | |
| Q3 2022 | +17.1% | +37.6% | +42.8% | |
| Q2 2022 | +11.7% | +17.5% | -22.1% | |
| Q1 2022 | -39.9% | -22.4% | -18.0% | |
| Q4 2021 | +6.5% | +5.5% | -12.7% | |
| Q3 2021 | +8.2% | +20.6% | -14.2% | |
| Q2 2020 | +18.2% | +14.0% | +26.1% | |
| Q2 2021 | +10.1% | +16.9% | +21.7% | |
| Q1 2021 | +3.3% | +7.2% | +23.6% | |
| Q4 2020 | -13.3% | -13.7% | -36.7% | |
| Q4 2019 | +9.6% | +13.0% | +49.9% | |
| Q3 2020 | +8.7% | +11.8% | +44.4% | |
| Q1 2020 | — | — | — | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — |
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