Unity Fourth Quarter and Fiscal Year 2025 Financial Results

Unity reported fourth‑quarter and full‑year 2025 financial results that surpassed guidance, driven largely by growth in its Vector platform and the Create segment. Revenue rose 10 % year‑over‑year to $503 million, with Create Solutions up 8 % to $165 million and Grow Solutions up 11 % to $338 million; Vector contributed 56 % of Grow revenue and delivered mid‑teen sequential growth. GAAP net loss narrowed to $89 million, a margin of –18 %, compared with –27 % in the prior year. Adjusted EBITDA reached $125 million, a 25 % margin versus 23 % previously, and adjusted EPS improved to $0.24 from $0.20.

Cash flow metrics strengthened: operating cash inflows climbed to $121 million, and free cash flow rose to $119 million. Cash balances increased by $536 million to $2.064 billion, supported by operating cash and proceeds from stock‑option exercise, offset by debt refinancing outflows. The company maintained a robust balance sheet with $3.34 billion in total liabilities and $3.24 billion in equity.

For Q1 2026, Unity projected revenue of $480–$490 million, flat growth in Grow, and double‑digit year‑over‑year growth in Create. The guidance reflects continued emphasis on Vector adoption and AI‑driven tools, positioning Unity as a core infrastructure provider for next‑generation interactive entertainment across mobile, PC, console, and extended reality platforms.