Quarterly ResultMay 7, 2026, 07:08 AM
Unity Q1 Revenue +17% to $508M; Adjusted EBITDA $138M
AI Summary
Unity Software Inc. reported strong first-quarter 2026 financial results with total revenue increasing 17% year-over-year to $508 million and adjusted EBITDA rising 64% to $138 million. The company's GAAP net loss significantly widened to $347 million, primarily due to $279 million in impairment charges related to the sunsetting of the ironSource Ad network and the planned divestiture of its Supersonic game publishing business. Unity also provided positive guidance for Q2 2026, expecting continued revenue growth and adjusted EBITDA expansion.
Key Highlights
- Total Revenue increased 17% year-over-year to $508 million in Q1 2026.
- GAAP Net Loss was $347 million, including $279 million in impairment charges.
- Adjusted EBITDA grew 64% to $138 million, with a 27% margin.
- Strategic Grow Revenue surged 49% to $279 million.
- Grow Solutions revenue increased 24% year-over-year to $352 million.
- Net cash provided by operating activities was $71 million, up from $13 million.
- Free cash flow improved to $66 million from $7 million in Q1 2025.
- Q2 2026 revenue guidance is $505 million to $515 million.