NYSE$U

Unity Software Inc. · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Unity announced its Q4 2022 earnings, with revenue up 43% year-over-year and exceeding guidance, and full-year 2022 revenue up 25% year-over-year.

Unity reported Q4 2022 revenue of $451 million, a 43% increase year-over-year, exceeding guidance. Full-year 2022 revenue reached $1.39 billion, up 25% year-over-year. Q4 2022 was the first profitable quarter as a public company on a non-GAAP basis.

  • Q4 2022 revenue was $451 million, up 43% year-over-year and ahead of guidance.
  • Full-year 2022 revenue reached $1.39 billion, a 25% increase year-over-year.
  • The company exceeded revenue guidance in Q4 2022.
  • Q4 2022 was the first profitable quarter as a public company on a non-GAAP basis.

Headline financials

Total Revenue

$451M

Previous: $316M+42.8%
EPS (adj)

$0.04

Previous: -$0.05+180.0%
Capital Expenditures

$14.8M

Previous: $14M+5.8%
Free Cash Flow

-$63.9M

Previous: -$53.5M-19.4%
Net Income

-$288M

Previous: -$162M-78.0%
Operating Income

-$274M

Previous: -$145M-89.0%
Gross Profit

$311M

Previous: $242M+28.4%
Cash & Equivalents

$1.49B

Previous: $1.06B+40.7%
Total Assets

$7.83B

Previous: $4.84B+61.8%
Stock-Based Comp

$174M

Previous: $97.9M+77.7%

Revenue & EPS history

Unity · Revenue · Quarterly

$451M

Q4 2022+42.8%vs Q4 2021
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%

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 2022

Historical avgQ4 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

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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