Unity Q2 2021 Earnings Report

Revenue increased, driven by new customers and expanded business with existing customers, and full-year guidance was raised.

Key Takeaways

Unity's Q2 2021 revenue reached $273.6 million, a 48% increase year-over-year, surpassing expectations and marking the 11th consecutive quarter of 30% or greater growth. The company is increasing its full-year guidance for 2021.

Revenue was $273.6 million, an increase of 48% from the second quarter of 2020.

Create Solutions, Operate Solutions, and Strategic Partnerships and Other revenue was $72.4 million, $182.9 million, and $18.3 million, respectively, an increase of 31%, 63%, and 9%, respectively, from the second quarter of 2020.

Basic and diluted net loss per share was $0.53, compared to basic and diluted net loss per share of $0.21 in the second quarter of 2020.

Dollar-based net expansion rate as of June 30, 2021 was 142% as compared to 142% as of June 30, 2020.

Previous year: -$0.42

-95.2%

Gross Profit

$216M