NYSE$U
Unity Software Inc. · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Unity's Q4 2021 earnings exceeded expectations, driven by strong execution and innovation.
Unity's Q4 2021 revenue reached $315.9 million, a 43% increase year-over-year, surpassing guidance. Full-year 2021 revenue was $1.1 billion, up 44% from the previous year. The company's growth was fueled by strong performance in both Create and Operate Solutions.
- Q4 revenue increased by 43% year-over-year to $315.9 million.
- Create Solutions revenue grew by 49% to $99.9 million.
- Operate Solutions revenue increased by 45% to $194.6 million.
- Dollar-based net expansion rate was 140% as of December 31, 2021.
Headline financials
Revenue & EPS history
Unity · Revenue · Quarterly
$316M
Revenue by segment
Unity · $295M total across 2 segments · Q4 2021
- Grow Solutions$195M+44.9%66.1%
- Create Solutions$99.9M+49.3%33.9%
Forward guidance
Unity provided guidance for Q1 2022 with revenue expected to be between $315 million and $320 million, and for the full year 2022, revenue is expected to be between $1.485 billion and $1.505 billion.
Tailwinds
- Q1 2022 revenue is projected to be between $315 million and $320 million.
- Full year 2022 revenue is projected to be between $1.485 billion and $1.505 billion.
- Year-over-year revenue growth is expected to be between 34% and 36%.
- Non-GAAP loss from operations for Q1 2022 is expected to be between $(22) million and $(23) million.
- Fully diluted shares outstanding are expected to be 343M for Q1 2022.
Headwinds
- Non-GAAP loss from operations for the full year 2022 is expected to be between $(39) million and $(41) million.
- Non-GAAP operating margin is expected to be (7)% for Q1 2022.
- Non-GAAP operating margin is expected to be (3)% for the full year 2022.
- A reconciliation of non-GAAP guidance measures to corresponding GAAP measures is not available on a forward-looking basis.
- Expenses that may be incurred in the future and cannot be reasonably determined or predicted at this time, could be material to Unity’s results computed in accordance with GAAP.
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 Q4 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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