Unity Software Inc.
$19.05B- Market cap
- $18.33B
- Debt
- +$2.77B
- Cash
- −$2.06B
Capital structure 87% equity / 13% debt · EV / Revenue 10.30x · EV / EBITDA 451.13x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt cap
Decision snapshot: U stock price at premium vs FSLY $41.66 current versus $22.09 implied using P/S multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at FSLY's multiple
Implied fair value · at U's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Multiple premium
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: U FY 2025 (ended Dec 31, 2025) · FSLY FY 2025 (ended Dec 31, 2025).
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 87% equity / 13% debt · EV / Revenue 10.30x · EV / EBITDA 451.13x
Capital structure 90% equity / 10% debt · EV / Revenue 5.26x
U carries the larger enterprise value at $19.05B against $3.28B; FSLY trades on the lower EV / Revenue multiple (5.26x vs 10.30x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
UNITY SOFTWARE INC. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Fastly, Inc. · implied price per share
At least 3 of the last 5 annual free-cash-flow observations must be positive.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.86x
0.39x
Net debt / EBITDA
Leverage against operating earnings
16.88x
-0.01x
Cash and equivalents
Liquid reserves on the balance sheet
$2.06B
$361.76M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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$2.77B
$361.84M
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