Unity Software (U) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 30.8%
EBITDA Margin: -44.1%
Op. Margin: -69.1%
Net Margin: -68.4%

Op. margin of -69.1% is down 39.7% YoY — costs are rising relative to revenue. Net margin at -68.4% and gross margin of 30.8% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit