NYSE$U
Unity Software Inc. · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Unity delivered revenue that was up 9% year-over-year, with strong performance in Create Solutions and progress in stabilizing Operate Solutions.
Unity's Q2 2022 financial results showed revenue of $297.0 million, a 9% increase year-over-year. Create Solutions performed strongly, while progress was made to stabilize Operate Solutions. The company is also pursuing a merger with ironSource and forming a new joint venture in China.
- Revenue was $297.0 million, up 9% year-over-year.
- Create Solutions revenue increased by 66% to $120.9 million.
- Operate Solutions revenue decreased by 13% to $158.5 million.
- Basic and diluted net loss per share was $0.69, compared to $0.53 in Q2 2021.
Headline financials
Revenue & EPS history
Unity · Revenue · Quarterly
$297M
Revenue by segment
Unity · $279M total across 2 segments · Q2 2022
- Grow Solutions$159M-13.3%56.7%
- Create Solutions$121M+67.0%43.3%
Forward guidance
Unity is providing the following guidance for the third quarter and for the full year ending December 31, 2022.
Tailwinds
- Q3 2022 Revenue Guidance: $315 million - $335 million
- Q3 2022 Year-over-year revenue growth: 10% - 17%
- Q3 2022 Non-GAAP loss from operations: ($35) million - ($50) million
- Q3 2022 Non-GAAP operating margin: (10%) - (16%)
- Q3 2022 Fully diluted shares outstanding: 375M
Headwinds
- Full Year 2022 Revenue Guidance: $1,300 million - $1,350 million
- Full Year 2022 Year-over-year revenue growth: 17% - 22%
- Full Year 2022 Non-GAAP loss from operations: ($95) million - ($115) million
- Full Year 2022 Non-GAAP operating margin: (7%) - (9%)
- Full Year 2022 Fully diluted shares outstanding: 376M
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 Q2 2022
+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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