Unity Software (U) Net Margin (2019 - 2026)
Unity Software (U) recorded Net Margin of -4.32% in Q2 2026, up 20.35 percentage points from -24.67% a year earlier and up 64.08 percentage points from the prior quarter.
Unity Software (U) Net Margin (2019 - 2026) Analysis & Trends
On a TTM basis, Unity Software's Net Margin came in at -28.97% as of Jun 30, 2026, down 4.58 percentage points year-over-year; for FY2025, it came in at -21.78%, up 14.85 percentage points from FY2024.
- Annual Net Margin has increased for three straight years, with a five-year change of +14.77 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at -36.63% in FY2024 (+0.96 pp), -37.58% in FY2023 (+28.63 pp), -66.21% in FY2022 (-18.25 pp) and -47.96% in FY2021 (-11.41 pp).
- The Q2 2026 figure is the highest quarterly Net Margin in data going back to Q3 2019.
- On a year-over-year basis, Net Margin rose in six of the last eight quarters, with an average year-over-year change of +4.75 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 54.64 percentage points in Q3 2023, against a drop of 50.55 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at -68.40% (Q1 2026), -17.88% (Q4 2025) and -26.85% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | -8.27% |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 0.36% |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 29.61% |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | -12.39% |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 3.97% |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 3.25% |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 14.41% |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 7.38% |
| 10 | Unity Software | 17.54 Bn | 9.36 Bn | 434.76 Mn | -4.32% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.32% |
| Mar 31, 2026 | -68.40% |
| Dec 31, 2025 | -17.88% |
| Sep 30, 2025 | -26.85% |
| Jun 30, 2025 | -24.67% |
| Mar 31, 2025 | -17.85% |
| Dec 31, 2024 | -26.85% |
| Sep 30, 2024 | -27.94% |
| Jun 30, 2024 | -27.95% |
| Mar 31, 2024 | -63.22% |
| Dec 31, 2023 | -41.48% |
| Sep 30, 2023 | -22.80% |
| Jun 30, 2023 | -36.02% |
| Mar 31, 2023 | -50.57% |
| Dec 31, 2022 | -64.16% |
| Sep 30, 2022 | -77.43% |
| Jun 30, 2022 | -68.73% |
| Mar 31, 2022 | -55.46% |
| Dec 31, 2021 | -51.18% |
| Sep 30, 2021 | -40.22% |
Unity Software Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=U&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "U", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=U&period=max&api_key=YOUR_API_KEY");
const data = await res.json();