Dec 31, 2020

Unity Q4 2020 Earnings Report

Unity achieved record revenue and made significant strides in real-time 3D content creation and operation.

Key Takeaways

Unity's Q4 2020 revenue reached $220.3 million, a 39% increase year-over-year. The company saw growth across Create Solutions, Operate Solutions, and Strategic Partnerships. They are anticipating revenue between $950 million and $970 million for the full year 2021.

Revenue increased by 39% year-over-year, reaching $220.3 million.

Create Solutions and Operate Solutions revenue increased by 39% and 55%, respectively.

Net loss per share was $0.31, while non-GAAP net loss per share was $0.10.

Dollar-based net expansion rate was 138% as of December 31, 2020, compared to 133% as of December 31, 2019.

Total Revenue
$220M
Previous year: $158M
+39.4%
EPS
-$0.1
Previous year: -$2.39
-95.8%
Dollar-Based Net Expansion Rate
138%
Previous year: 133%
+3.8%
Customers Contributing $100K+ Revenue
793
Previous year: 600
+32.2%
Gross Profit
$168M
Previous year: $128M
+31.0%
Cash and Equivalents
$1.27B
Previous year: $130M
+879.2%
Free Cash Flow
$3.57M
Previous year: -$9.7M
-136.7%
Total Assets
$2.67B
Previous year: $763M
+250.2%

Unity

Unity

Forward Guidance

Unity provided guidance for Q1 2021 with revenue expected between $210 million and $220 million, and for the full year 2021, revenue is expected to be between $950 million and $970 million.