View source for News/Unity Q4 Financial Results Revealed

{{News
|seo_title=Unity Q4 Financial Results Revealed
|seo_keywords=Unity
|image=Unity Engine.JPG
|tags=Unity
|date=2024-02-28T13:16:46.000Z
|sources={{NewsSource
|source=Games Industry
|url=https://www.gamesindustry.biz/unity-revenue-rises-57-to-21-billion-in-2023
|article=News/Unity Q4 Financial Results Revealed
}}
|author=Andura
|category=Business
|content=[[Companies/Unity|Unity]] announced its financial results for the Q4 2023 anf for the entire fiscal year. Despite positive results following the announcements Unity shares fell more than 17%.  The company recently ended its partnership with WETA and [[News/Unity to Layoff 25% of Its Staff|fired a significant portion of its employees]]. Even though Unity [[News/Unity Plans Backfire|had a rocky year with the plan changes]], the company stayed profitable.

More: [[News/Unity CEO to Retire|Unity CEO Steps Down]]

Unity Q4 and Full Year 2023 Financial Results,

Fourth Quarter 2023:

* Revenue: $609m (a 35% increase compared to the previous year)
* Net loss: $254m (compared to $288m in the corresponding period last year)
* Create Solutions revenue: $290m (a 47% increase year-on-year)
* Grow Solutions revenue: $319m (a 26% increase year-on-year)

Full Year 2023:

* Revenue: $2.1b (a 57% increase)
* Net loss: $826.3m (a 10% decrease)
}}