Unity Software Inc. (U) intrinsic value & 10-year financials
Unity Software Inc. (U) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 9 fiscal years revenue grew 25.3% a year to $1.8B, with an average return on invested capital of -45.7%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $40.40
- Market cap
- $17.0B
- Revenue (FY2025)
- $1.8B
- Revenue growth (9-yr CAGR)
- 25.3%
- ROIC (10-yr avg)
- -45.7%
- Free cash flow (FY2025)
- $403.9M
U 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.8B | -$402.8M | -$0.96 | $403.9M | -25.9% | -32.0% |
| FY2024 | $1.8B | -$664.1M | -$1.68 | $286.0M | -41.6% | -43.5% |
| FY2023 | $2.2B | -$822.0M | -$2.16 | $178.8M | -38.1% | -43.2% |
| FY2022 | $1.4B | -$921.1M | -$2.96 | -$116.6M | -63.4% | -49.3% |
| FY2021 | $1.1B | -$532.6M | -$1.89 | -$153.4M | -47.9% | -46.3% |
| FY2020 | $772.4M | -$282.3M | -$1.66 | -$20.2M | -35.6% | -48.8% |
| FY2019 | $541.8M | -$163.2M | -$2.39 | -$95.0M | -27.8% | -57.1% |
| FY2018 | $380.8M | -$131.6M | — | -$119.1M | -34.2% | -45.2% |
| FY2017 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Unity Software Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Unity Software Inc. has historically struggled to out-earn its cost of capital, averaging just -45.7% ROIC.
Unity Software Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Unity Software Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-31.89 per share.