For the year ending 2025-12-31, U had $536,420K increase in cash & cash equivalents over the period. $403,931K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net loss | -401,493 | -664,287 | -826,322 | -919,488 |
| Depreciation and amortization | 460,944 | 408,980 | 563,916 | 211,576 |
| Common stock charitable donation expense | - | - | - | 0 |
| Stock-based compensation expense | 385,214 | 596,249 | 648,696 | 550,065 |
| Gain on repayment of convertible note | 42,744 | 61,371 | - | - |
| Impairment of property and equipment | 5,882 | 22,791 | - | - |
| Other | -3,683 | 23,309 | 24,613 | 21,418 |
| Accounts receivable, net | 69,078 | -37,359 | -21,791 | 9,548 |
| Prepaid expenses and other | -24,071 | 11,203 | -20,314 | 21,719 |
| Other assets | -33,819 | 2,746 | -45,047 | -40,096 |
| Accounts payable | -545 | 742 | -6,313 | -17,574 |
| Accrued expenses and other | 4,361 | -6,671 | -21,069 | -1,041 |
| Publisher payables | 37,210 | 9,170 | -60,509 | -50,242 |
| Other long-term liabilities | -44,825 | -47,963 | -47,245 | -29,790 |
| Deferred revenue | 33,822 | 11,194 | -128,219 | 166,816 |
| Net cash provided by operating activities | 422,955 | 315,553 | 234,700 | -59,431 |
| Purchases of short-term investments | 0 | 0 | 212 | 150,911 |
| Proceeds from sales of short-term investments | - | 0 | 0 | 436,293 |
| Proceeds from principal repayments and maturities of short-term investments | 0 | 0 | 102,673 | 387,453 |
| Purchases of non-marketable investments | 2,000 | 0 | 2,500 | 15,000 |
| Sales of non-marketable investments | - | 0 | 0 | 1,000 |
| Purchases of intangible assets | 3,000 | 12,860 | - | 0 |
| Purchases of property and equipment | 19,024 | 29,549 | 55,921 | 57,138 |
| Business acquisitions, net of cash acquired | - | 0 | 0 | -121,531 |
| Net cash provided by (used in) investing activities | -24,024 | -42,409 | 44,040 | 723,228 |
| Proceeds from issuance of convertible notes | 690,000 | 0 | 0 | 1,000,000 |
| Purchase of capped calls | 44,436 | - | 0 | 0 |
| Proceeds from revolving loan facility | - | - | - | 0 |
| Payment of principal related to revolving loan facility | - | - | - | 0 |
| Payment of debt issuance costs | 13,236 | 0 | 0 | 379 |
| Capital contribution from noncontrolling interest holders | - | 0 | 0 | 210,252 |
| Proceeds from initial public offering, net of underwriting discounts, commissions, and offering costs | - | - | - | 0 |
| Proceeds from issuance of convertible preferred stock, net of issuance costs | - | - | - | 0 |
| Proceeds from issuance of common stock | - | - | - | 0 |
| Repayments of convertible note | 641,691 | 414,999 | - | - |
| Repurchase and retirement of common stock | 0 | 0 | 250,000 | 1,500,000 |
| Proceeds from issuance of common stock from employee equity plans | - | - | - | 63,493 |
| Proceeds from issuance of common stock upon exercise of stock options and purchase of espp shares | 119,454 | 76,692 | 75,985 | - |
| Net cash provided by (used in) financing activities | 110,091 | -338,307 | -174,015 | -226,634 |
| Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash | 27,398 | -11,223 | -6,146 | 1,926 |
| Increase (decrease) in cash, cash equivalents, and restricted cash | 536,420 | -76,386 | 98,579 | 439,089 |
| Cash and cash equivalents at beginning of period | 1,527,881 | 1,604,267 | 1,505,688 | 1,066,599 |
| Cash and cash equivalents at end of period | 2,064,301 | 1,527,881 | 1,604,267 | 1,505,688 |
Unity Software Inc. (U)
Unity Software Inc. (U)