Unity Software (U) Operating Expenses (2019 - 2026)
Unity Software's Operating Expenses was $466.98 million in Q2 2026, up 4.8% from $445.49 million a year earlier but down 8.1% from the prior quarter.
Unity Software (U) Operating Expenses (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Unity Software's Operating Expenses was $1.93 billion through Jun 30, 2026, up 6.1% year-over-year; for FY2025, it was $1.85 billion, down 11.3% from FY2024.
- Operating Expenses shows a five-year compound annual growth rate of 16.2% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $2.09 billion in FY2024 (-8.7%), $2.29 billion in FY2023 (+24.9%), $1.83 billion in FY2022 (+31.8%) and $1.39 billion in FY2021 (+58.7%).
- Quarterly Operating Expenses has moved between $349.56 million (Q3 2021) and $690.92 million (Q1 2024) over five years.
- Compared with a year earlier, Operating Expenses has increased for four straight quarters, with an average decline of 6.3% over the last eight quarters.
- The best year-over-year quarter for Operating Expenses over five years was Q4 2021 (growth of 55.6%); the worst was Q1 2025 (a decline of 35.0%).
- Per Business Quant data, U's Operating Expenses in the three quarters before Q2 2026 was $508.01 million (Q1 2026), $480.36 million (Q4 2025) and $476.14 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 2.13 Bn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 1.13 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 953.90 Mn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 1.30 Bn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 875.89 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 499.67 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 534.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 4.17 Bn |
| 10 | Unity Software | 17.54 Bn | 9.36 Bn | 434.76 Mn | 466.98 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 466.98 Mn |
| Mar 31, 2026 | 508.01 Mn |
| Dec 31, 2025 | 480.36 Mn |
| Sep 30, 2025 | 476.14 Mn |
| Jun 30, 2025 | 445.49 Mn |
| Mar 31, 2025 | 448.98 Mn |
| Dec 31, 2024 | 465.22 Mn |
| Sep 30, 2024 | 461.61 Mn |
| Jun 30, 2024 | 469.80 Mn |
| Mar 31, 2024 | 690.92 Mn |
| Dec 31, 2023 | 606.65 Mn |
| Sep 30, 2023 | 520.26 Mn |
| Jun 30, 2023 | 566.10 Mn |
| Mar 31, 2023 | 593.38 Mn |
| Dec 31, 2022 | 584.81 Mn |
| Sep 30, 2022 | 450.60 Mn |
| Jun 30, 2022 | 397.87 Mn |
| Mar 31, 2022 | 397.45 Mn |
| Dec 31, 2021 | 387.04 Mn |
| Sep 30, 2021 | 349.56 Mn |
Unity Software Operating Expenses 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=operating-expenses&ticker=U&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=U&period=max&api_key=YOUR_API_KEY");
const data = await res.json();