Earnings Releases·Nov 5, 2026, 7:01 AM ET

Unity — Third Quarter 2026 Earnings Summary

Total revenue rose 32% year-over-year to $622.1 million, driven by a 59% surge in strategic revenue, while GAAP net income turned positive at $121.6 million (20% margin) compared to a $126.8 million loss in Q3 2025.
Adjusted EBITDA increased 134% year-over-year to $256.6 million, and free cash flow grew to $220 million, supported by the sunset of the ironSource Ads Network and the sale of the Supersonic publishing business.
Q4 2026 guidance projects strategic revenue of $683–$691 million (65–67% YoY growth) and adjusted EBITDA of $290–$295 million (132–136% YoY growth), with management targeting the payoff of convertible notes due November 15, 2026.
Strategic growth is led by Unity Vector, which expanded 126% year-over-year, while the company continues to invest in AI tools and the Unity Spark launch as part of its flywheel strategy.