Unity reports 41% revenue increase for first quarter of 2021

Unity reports 41% revenue increase for first quarter of 2021

Engine firm Unity has seen a 41 per cent rise in its revenue for the three months ending March 31st, 2021.

In a release on its website, the company reported $234.8 million for the period, with its Create Solutions division bringing in $70.4 million in revenue, a 51 per cent increase year-on-year.

Unity also reports that 837 of its customers made more than $100,000 for the 12 months ending March 31st, 2021, a sizeable increase on the 668 that hit this milestone in the previous year.

“Our first quarter results are reflective of the powerful transition from linear 2D to real-time 3D, which is one of the most important changes in how people interact with technology,” Unity CEO John Riccitiello said.

“We believe that real-time 3D will continue to grow at an accelerated pace and achieve massive scale.”

Newly-promoted CFO Luis Visoso added: “Execution in the first quarter was very strong with revenue of $234.8 million, an increase of 41% from last year. We are encouraged by the growth of our customers contributing more than $100K of trailing twelve-month revenue and the healthy dollar-based net expansion rate during the first quarter. We continue to invest strategically in R&D and vertical expansion to enable Unity to lead the transition to real-time 3D.”

Unity went public back in September 2020.

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Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for, VGC, Games London, The Observer/Guardian and Esquire UK.