Unity Releases Preliminary First Quarter Results Exceeding Guidance; Will Enhance Growth and Profitability by Exiting Non-Strategic Ad Businesses
Unity Software Inc. (U)
Company Research
Source: Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--Unity (NYSE: U), the world’s leading game engine, today announced preliminary revenue and Adjusted EBITDA for the first quarter 2026 above guidance. Unity expects to report revenue of $505 Million to $508 Million, compared to guidance of $480 Million to $490 Million. Unity expects Adjusted EBITDA of $130 Million to $135 Million, compared to guidance of $105 Million to $110 Million, representing year-over-year growth of 58%.The outperformance is driven by Unity Vector, which is expected to increase 15% sequentially in the first quarter of 2026, as well as better than expected performance in Create. Unity expects Grow revenue of approximately $352 Million and Create revenue of approximately $155 Million.Unity also announced it will be sunsetting the ironSource Ads Network, effective April 30th, and that it has engaged a financial advisor to assist with the divestiture of its Supersonic game publishing business. Once completed, Unity expects these chan
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News
- Unity Software (U) Valuation Check After Volatile Short Term Rebound And Long Term Share Price Declines [Yahoo! Finance]Yahoo! Finance
- Unity Soars After Axing a Business, Here's Why [Yahoo! Finance]Yahoo! Finance
- Unity: Upgrade To Strong Buy On Excellent Preliminary Q1 Results [Seeking Alpha]Seeking Alpha
- Unity Software (U) Is Up 5.8% After Exiting ironSource Network and Supersonic Unit - What's Changed [Yahoo! Finance]Yahoo! Finance
- Unity Refocuses On Core Tools As Shares Screen Deeply Undervalued [Yahoo! Finance]Yahoo! Finance
U
Earnings
- 2/11/26 - Beat
U
Sec Filings
- 3/31/26 - Form ARS
- 3/27/26 - Form DEFA14A
- 3/27/26 - Form DEF
- U's page on the SEC website