UNITY SOFTWARE INC.
In the published model solve dated 2026-Q2, anchored at $35.44, UNITY SOFTWARE INC. (U) is priced for today's economics sustained for ~15.6 years. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed August 7, 2026 from SEC EDGAR filings.
• The name says game engine, but Grow Solutions, the advertising business, is the larger line: it produced 389 million dollars of the 546 million dollars of revenue in the June 2026 quarter, growing 35% while Create Solutions grew 2% [Source: Q2 2026 earnings release, August 6, 2026]. • The share count has compounded about 10.2% a year since March 2022, and 2.24 billion dollars of convertible notes sit on the balance sheet against 2.14 billion dollars of cash, so the eventual claim on each share
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513 institutional managers reported holding U in 13F filings for the quarter ended 2026-03-31. Together they hold about 79% of the company; the top 10 hold 41%. 98 opened new positions that quarter. Held by Vanguard Group, BlackRock, Wellington Management, among others. On the short side, 37.4M shares were sold short as of the 2026-06-15 count, about 9% of shares outstanding (3.9 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
U's share count grew 54.9% over the past five years even with $1.75B spent on repurchases. It pays no dividend. Cash returned over the past three years: $250.00M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at U over the trailing three years. Absence is a fact about the company, not a signal. 25 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
U's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-03 | -9.2% | -30.1% |
| 2023-11-10 | +3.6% | +28.1% |
| 2024-03-01 | -0.8% | -14.4% |
| 2024-05-10 | -10.0% | -21.1% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
U's latest 8-K filings: 2026-08-06 (items 2.02, 9.01); 2026-07-27 (items 5.02); 2026-07-16 (items 5.02); 2026-05-14 (items 5.07); 2026-05-07 (items 2.02, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: August 7, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.