Unity Software Inc. (U) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 07, 2026

Risk Assessment Details

Potential Dilution: 15.93% of current shares
Recent Dilution: 11.0% (2 years)
Historical Dilution Factor: moderate recent dilution
Outstanding Shares
430M
Potential Supply
69M
Additional shares possible
Splits
None
Past 2 years

Summary

U currently has 434M outstanding shares. with limited dilution risk as only 69.2M additional shares (15.9%) are authorized for issuance. The company has diluted shareholders by 11.0% over the past 2 years through share issuances.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 07, 2026

10-Q filing | 434.3M shares outstanding

430M 69M
Aug 06, 2025

10-Q filing | 417.6M shares outstanding

420M 69M
May 07, 2025

10-Q filing | 411.9M shares outstanding

410M 69M
Feb 27, 2025

8-K filing: Unity Software Inc. completed a private offering of $690.0 million aggregate principal amount of 0% Convertible Senior Notes due 2030, using approximately $600.0 million of the net proceeds to repurchase for cash approximately $644.3 million in aggregate principal amount of its 0% Convertible Senior Notes due 2026.

400M 69M
Feb 21, 2025

10-K filing | 396.0M shares outstanding

400M 69M
Nov 07, 2024

10-Q filing | 398.8M shares outstanding

400M 69M
Aug 08, 2024

10-Q filing | 392.5M shares outstanding

390M 69M
May 09, 2024

10-Q filing | 387.2M shares outstanding

390M 69M
Feb 29, 2024

10-K filing | 380.5M shares outstanding

380M 69M
Nov 09, 2023

10-Q filing | 383.7M shares outstanding

380M 69M
Aug 02, 2023

10-Q filing | 380.4M shares outstanding

380M 69M
May 10, 2023

10-Q filing | 375.9M shares outstanding

380M 69M
Feb 27, 2023

10-K filing | 374.8M shares outstanding

370M 69M
Nov 09, 2022

10-Q filing | 299.1M shares outstanding

300M 69M
Aug 09, 2022

10-Q filing | 296.8M shares outstanding

300M 69M
May 10, 2022

10-Q filing | 294.3M shares outstanding

290M 69M
Feb 22, 2022

10-K filing | 282.2M shares outstanding

280M 69M
Nov 10, 2021

S-3 filing: The filing is an S-3 shelf registration for common stock, preferred stock, debt securities, and warrants.

280M 69M
Nov 10, 2021

10-Q filing | 283.7M shares outstanding

280M 69M
Aug 11, 2021

10-Q filing | 280.4M shares outstanding

280M 69M
May 12, 2021

10-Q filing | 279.4M shares outstanding

280M 69M
Mar 05, 2021

10-K filing | 277.9M shares outstanding

280M 69M
Nov 13, 2020

10-Q filing | 270.8M shares outstanding

270M 69M
Sep 16, 2020

S-1/A filing: This is an S-1/A filing.

N/A 69M
Sep 09, 2020

S-1/A filing: This is an S-1/A filing. It includes information on prior issuances of common stock, grants of options and RSUs, and issuances related to acquisitions and warrant exercises.

N/A 74M
Weekly Research

Get Weekly Super Stonk Alerts

Never miss a squeeze opportunity. Get our weekly analysis of high short interest stocks, AI-discovered gems, and dilution warnings delivered to your inbox.

No spam Unsubscribe anytime