Unity Software Inc

For the period ended Dec 31, 2024. Filed Feb 21, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 21, 2025

U$50.34-2.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Item 8. Consolidated Statements of Cash Flows

Table of Contents	Unity Software Inc.

UNITY SOFTWARE INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands)
	Year Ended December 31,
	2024	2023	2022
Operating activities
Net loss	$(664,287)	$(826,322)	$(919,488)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	408,980	563,916	211,576
Stock-based compensation expense	596,249	648,696	550,065
Gain on repayment of convertible note	(61,371)	—	—
Impairment of property and equipment	22,791	—	—
Other	23,309	24,613	21,418
Changes in assets and liabilities, net of effects of acquisitions:
Accounts receivable, net	37,359	21,791	(9,548)
Prepaid expenses and other	(11,203)	20,314	(21,719)
Other assets	(2,746)	45,047	40,096
Accounts payable	742	(6,313)	(17,574)
Accrued expenses and other	(6,671)	(21,069)	(1,041)
Publisher payables	9,170	(60,509)	(50,242)
Other long-term liabilities	(47,963)	(47,245)	(29,790)
Deferred revenue	11,194	(128,219)	166,816
Net cash provided by (used in) operating activities	315,553	234,700	(59,431)
Investing activities
Purchases of short-term investments	—	(212)	(150,911)
Proceeds from sales of short-term investments	—	—	436,293
Proceeds from principal repayments and maturities of short-term investments	—	102,673	387,453
Purchases of non-marketable investments	—	(2,500)	(15,000)
Sales of non-marketable investments	—	—	1,000
Purchases of intangible assets	(12,860)	—	—
Purchases of property and equipment	(29,549)	(55,921)	(57,138)
Business acquisitions, net of cash acquired	—	—	121,531
Net cash provided by (used in) investing activities	(42,409)	44,040	723,228
Financing activities
Proceeds from issuance of convertible notes	—	—	1,000,000
Payment of debt issuance costs	—	—	(379)
Capital contribution from noncontrolling interest holders	—	—	210,252
Repayments of convertible note	(414,999)	—	—
Repurchase and retirement of common stock	—	(250,000)	(1,500,000)
Proceeds from issuance of common stock from employee equity plans	76,692	75,985	63,493
Net cash used in financing activities	(338,307)	(174,015)	(226,634)
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash	(11,223)	(6,146)	1,926
Increase (decrease) in cash, cash equivalents, and restricted cash	(76,386)	98,579	439,089
Cash, cash equivalents, and restricted cash, beginning of period	1,604,267	1,505,688	1,066,599
Cash, cash equivalents, and restricted cash, end of period	$1,527,881	$1,604,267	$1,505,688

Table of Contents	Unity Software Inc.

UNITY SOFTWARE INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS—CONTINUED
(In thousands)
	Year Ended December 31,
	2024	2023	2022
Supplemental disclosure of cash flow information:
Cash paid for interest	$20,000	$20,389	$—
Cash paid for income taxes, net of refunds	$26,363	$22,471	$25,206
Cash paid for operating leases	$49,974	$42,905	$28,463
Supplemental disclosures of non‑cash investing and financing activities:
Fair value of common stock issued as consideration for business and asset acquisitions	$—	$—	$2,932,296
Assets acquired under operating lease	$24,459	$43,831	$20,699

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.