Unity Software U Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 62.8%-12.0pp | 74.2%+0.7pp | 74.3%+6.2pp | 74.4%+6.7pp | 74.8%+8.2pp | |
| Operating margin | -36.5%-8.1pp | -25.9%+15.7pp | -27.5%+17.8pp | -28%+15.2pp | -28.4%+15.9pp | |
| Net margin | -35%-9.8pp | -21.8%+14.9pp | -24.1%+16.3pp | -24.4%+14.1pp | -25.2%+14.8pp | |
| EBITDA margin | -10.9%-5.1pp | -1%+18.1pp | -3.5%+14.4pp | -5.5%+11.1pp | -5.9%+12.6pp | |
| Free cash flow margin | 24.1%+6.9pp | 21.8%+6.1pp | 21.7%+9.4pp | 19.9%+8.8pp | 17.2%+8.7pp | |
| Returns | ||||||
| Return on equity | -21.8%-7.7pp | -12.5%+8.3pp | -13.6%+11.1pp | -13.6%+10.3pp | -14.1%+11.7pp | |
| Return on assets | -10.2%-3.5pp | -5.9%+3.6pp | -6.4%+4.8pp | -6.5%+4.6pp | -6.7%+5.1pp | |
| Return on invested capital | -25.9%-4.7pp | -17.5%+13.9pp | -21.1%+16.2pp | -20.7%+13.2pp | -21.2%+21.6pp | |
| Efficiency | ||||||
| Asset turnover | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.9×-0.8× | 1.8×-0.7× | 2.8×+0.4× | 2.7×+0.4× | 2.7×+0.6× | |
| Quick ratio | 1.9×-0.8× | 1.8×-0.7× | 2.8×+0.4× | 2.7×+0.4× | 2.7×+0.6× | |
| Cash ratio | 0.4×-0.8× | 0.5×-0.7× | 0.8×-0.4× | 0.9×-0.2× | 1.1×+0.2× | |
| Leverage | ||||||
| Debt-to-equity | 0.2×+0.2× | 0.2×+0.2× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Debt-to-assets | 0.1×+0.1× | 0.1×+0.1× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Interest coverage | -29.1×-7.4× | -20×+12.1× | -20.8×+16.5× | -21.1×+15.8× | -21.7×+17.2× | |
| Per Share | ||||||
| Book value per share | $6.85-11.4% | $7.69-4.6% | $7.55-5.4% | $7.63-5.9% | $7.74-5.9% | |
| Valuation | ||||||
| Market capitalization | $9.57B+19.3% | $18.9B+109% | $16.92B+90.5% | $9.99B+58.7% | $8.03B-21.9% | |
| Enterprise value | $9.66B+34.2% | $18.84B+131% | $16.22B+106% | $9.27B+70.3% | $7.2B-24.4% | |
| Price / sales | 5×+0.5× | 10.2×+5.2× | 9.4×+4.9× | 5.6×+2.6× | 4.5×-0.3× | |
| Price / book | 3.2×+0.7× | 5.8×+3.0× | 5.3×+2.5× | 3.1×+1.2× | 2.5×-0.7× | |
| EV / sales | 5×+1.0× | 10.2×+5.7× | 9×+5.0× | 5.2×+2.6× | 4×-0.4× | |
| Free cash flow yield | 4.8%+1.0pp | 2.1%-1.0pp | 2.3%-0.4pp | 3.6%-0.1pp | 3.8%+2.0pp | |
| Earnings yield | -7%-1.4pp | -2.1%+5.2pp | -2.6%+6.4pp | -4.3%+8.3pp | -5.6%+2.8pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Unity Software's profit margins?
- Unity Software (U) runs a 62.8% gross margin and a -36.5% operating margin, with a -35.0% net margin.
- Where do Unity Software's ratios come from?
- Every ratio is computed from Unity Software's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
