Unity Software Inc. Q3 2026 Earnings Recap

Unity’s shares rose 14.9% after earnings, as investors responded to faster growth in strategic revenue and a sharp acceleration in Vector. Q3 strategic revenue grew 59% year over year, while Vector revenue grew 126% year over year—well above management’s 20% quarter-over-quarter growth guidance.

Key Takeaways

• Strategic revenue was $597 million, up 59% year over year; adjusted EBITDA grew 134%.
• Grow revenue reached $432 million, up 90% year over year, and represented 69% of total revenue.
• Vector revenue grew 40% quarter over quarter, double the company’s guidance; management attributed growth primarily to more installs and higher player values, not a change in take rate.
• Unity reported a 20% net income margin and its first GAAP-profitable quarter since its IPO.
• Management expects Q4 year-over-year revenue growth and margin expansion to accelerate; Unity Spark is slated for closed beta this year and full launch in 2027.