Unity

Unity reports record Q2 with revenues at $486.4M, up 38%

Become a member of GB MAX to gain exclusive access to the industry and to the most influential global B2B leadership community in the business of gaming, entertainment, and tech. Join now and also get a VIP ticket to GamesBeat Next (Nov 2-3, SF).

Unity, the maker of the most popular game engine, announced record financial results for the second quarter ended June 30, 2026, with revenue at $486.4 million, up 38% from a year ago.

“This was arguably the best quarter in Unity’s history as a public company,” said Matt Bromberg, CEO of Unity, in a statement. “The ongoing success of Unity Vector AI, combined with the most exciting product roadmap in Unity’s history, is helping drive substantial value for creators, players, and shareholders.”

Total Revenue Highlights:

  • Revenue was $546 million, up 38% compared to $441 million in the second quarter 2025.
  • Create Solutions revenue was $158 million, compared to $154 million in the second quarter 2025. The increase was driven by increases in subscription revenue, partially offset by decreases in cloud and hosting services revenue, driven by our portfolio reset in 2025.
  • Grow Solutions revenue was $389 million, compared to $287 million in the second quarter 2025. The change was due to growth in the Unity Ads Network, driven by “Unity Vector”, partially offset by decreases in the ironSource Ads Network.

Profitability Highlights:

  • GAAP net loss was $23 million, with a margin of (4)%; GAAP basic and diluted net loss per share was $0.05.
  • Adjusted EBITDA was $160 million, with a margin of 29%; adjusted EPS was 28 cents.
  • Net cash provided by operating activities was $206 million; free cash flow was $202 million.

Adjusted EBITDA, Free Cash Flow, and Adjusted EPS

Adjusted EBITDA for the quarter was $160 million, with a margin of 29%, compared to $90 million in the second quarter of 2025, with a margin of 21%. The year-over-year improvement was driven by higher revenue and continued cost control.

Free cash flow for the quarter was $202 million, compared to $127 million in the second quarter of 2025.

Adjusted EPS for the quarter was $0.28, compared to $0.18 in the second quarter of 2025.

“We’re done looking backwards,” said Bromberg in a call with analysts.

Liquidity

As of June 30, 2026, our cash and cash equivalents, and restricted cash was $2,357 million, and increased by $293 million, as compared with $2,064 million as of December 31, 2025. This increase was primarily driven by our operations.

As we reported earlier, Unity sold its Supersonic ad division to Tripledot for about $40 million today.