NYSE$U

Unity Software Inc. · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

Unity Software reported Q3 2025 revenue of $470.6M with a net loss of $126.8M ($0.30 per share).

Revenue was $470.6 million in the third quarter while the company posted a net loss of $126.8 million, or $0.30 per diluted share, as Create and Grow solutions evolve and cost actions continue.

  • Q3 revenue $470.6M.
  • Net loss $126.8M; diluted EPS $(0.30).
  • Create and Grow subscription trends remain key to the turnaround.
  • Management focuses on margin improvement and portfolio simplification.

Headline financials

Total Revenue

$471M

Previous: $447M+5.4%
EPS (adj)

-$0.30

Previous: -$0.31+3.2%
Adjusted EBITDA

$109M

Previous: $91.7M+19.4%
Adjusted EBITDA Margin

23.0%

Previous: 21.0%+9.5%
Net Loss Margin

27.0%

Previous: 28.0%-3.6%
Net Cash from Operations

$155M

Previous: $122M+27.0%
Capital Expenditures

-$16.3M

Previous: -$23.1M+29.6%
Net Income

-$126M

Previous: -$125M-1.3%
Operating Income

-$126M

Previous: -$127M+1.0%
Gross Profit

$350M

Previous: $334M+4.7%

Revenue & EPS history

Unity · Revenue · Quarterly

$471M

Q3 2025+5.4%vs Q3 2024
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Revenue by segment

Unity · $544M total across 2 segments · Q3 2023

  • Grow Solutions
    $355M+106.8%
  • Create Solutions
    $189M+47.0%

Forward guidance

Outlook focuses on cash runway, pipeline milestones, and cost discipline toward profitability.

Tailwinds

  • Cash and equivalents support operations into upcoming milestones.
  • Collaboration, licensing, or product pipeline progress noted in MD&A.

Headwinds

  • Ongoing operating losses and R&D spend pressure near-term earnings.
  • Financing, dilution, or partnership timing may affect liquidity.

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 Q3 2025

Historical avgQ3 2025

+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

Earnings price reactions
QuarterReport dateReaction (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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