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Side-by-side financial comparison of DIVERSIFIED HEALTHCARE TRUST (DHC) and Unity Software Inc. (U). Click either name above to swap in a different company.

Unity Software Inc. is the larger business by last-quarter revenue ($503.1M vs $379.6M, roughly 1.3× DIVERSIFIED HEALTHCARE TRUST). DIVERSIFIED HEALTHCARE TRUST runs the higher net margin — -5.6% vs -17.9%, a 12.3% gap on every dollar of revenue. On growth, Unity Software Inc. posted the faster year-over-year revenue change (10.1% vs -0.0%). Unity Software Inc. produced more free cash flow last quarter ($118.7M vs $-166.4M). Over the past eight quarters, Unity Software Inc.'s revenue compounded faster (4.5% CAGR vs 1.2%).

GE Healthcare Technologies, Inc. is an American health technology company based in Chicago, Illinois. The company, which stylizes its own name as GE HealthCare, operates four divisions: Medical imaging, which includes molecular imaging, computed tomography, magnetic resonance, women’s health screening and X-ray systems; Ultrasound; Patient Care Solutions, which is focused on remote patient monitoring, anesthesia and respiratory care, diagnostic cardiology, and infant care; and Pharmaceutical ...

Unity Software Inc. is an American video game software development company based in San Francisco. It was founded in Denmark in 2004 as Over the Edge Entertainment and changed its name in 2007. Unity Technologies is best known for the development of Unity, a licensed game engine used to create video games and other applications.

DHC vs U — Head-to-Head

Bigger by revenue
U
U
1.3× larger
U
$503.1M
$379.6M
DHC
Growing faster (revenue YoY)
U
U
+10.1% gap
U
10.1%
-0.0%
DHC
Higher net margin
DHC
DHC
12.3% more per $
DHC
-5.6%
-17.9%
U
More free cash flow
U
U
$285.1M more FCF
U
$118.7M
$-166.4M
DHC
Faster 2-yr revenue CAGR
U
U
Annualised
U
4.5%
1.2%
DHC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DHC
DHC
U
U
Revenue
$379.6M
$503.1M
Net Profit
$-21.2M
$-90.0M
Gross Margin
74.3%
Operating Margin
-12.6%
-21.2%
Net Margin
-5.6%
-17.9%
Revenue YoY
-0.0%
10.1%
Net Profit YoY
75.7%
26.7%
EPS (diluted)
$-0.09
$-0.21

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DHC
DHC
U
U
Q4 25
$379.6M
$503.1M
Q3 25
$388.7M
$470.6M
Q2 25
$382.7M
$440.9M
Q1 25
$386.9M
$435.0M
Q4 24
$379.6M
$457.1M
Q3 24
$373.6M
$446.5M
Q2 24
$371.4M
$449.3M
Q1 24
$370.8M
$460.4M
Net Profit
DHC
DHC
U
U
Q4 25
$-21.2M
$-90.0M
Q3 25
$-164.0M
$-126.4M
Q2 25
$-91.6M
$-108.8M
Q1 25
$-9.0M
$-77.6M
Q4 24
$-87.4M
$-122.7M
Q3 24
$-98.7M
$-124.7M
Q2 24
$-97.9M
$-125.6M
Q1 24
$-86.3M
$-291.1M
Gross Margin
DHC
DHC
U
U
Q4 25
74.3%
Q3 25
74.4%
Q2 25
74.1%
Q1 25
73.8%
Q4 24
74.7%
Q3 24
74.9%
Q2 24
75.8%
Q1 24
68.6%
Operating Margin
DHC
DHC
U
U
Q4 25
-12.6%
-21.2%
Q3 25
-43.4%
-26.7%
Q2 25
-24.5%
-26.9%
Q1 25
-2.7%
-29.4%
Q4 24
-26.1%
-27.1%
Q3 24
-26.5%
-28.5%
Q2 24
-23.0%
-28.8%
Q1 24
-23.7%
-81.4%
Net Margin
DHC
DHC
U
U
Q4 25
-5.6%
-17.9%
Q3 25
-42.2%
-26.9%
Q2 25
-23.9%
-24.7%
Q1 25
-2.3%
-17.8%
Q4 24
-23.0%
-26.8%
Q3 24
-26.4%
-27.9%
Q2 24
-26.3%
-28.0%
Q1 24
-23.3%
-63.2%
EPS (diluted)
DHC
DHC
U
U
Q4 25
$-0.09
$-0.21
Q3 25
$-0.68
$-0.30
Q2 25
$-0.38
$-0.26
Q1 25
$-0.04
$-0.19
Q4 24
$-0.37
$-0.30
Q3 24
$-0.41
$-0.31
Q2 24
$-0.41
$-0.32
Q1 24
$-0.36
$-0.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DHC
DHC
U
U
Cash + ST InvestmentsLiquidity on hand
$105.4M
$2.1B
Total DebtLower is stronger
$2.4B
Stockholders' EquityBook value
$1.7B
$3.2B
Total Assets
$4.4B
$6.8B
Debt / EquityLower = less leverage
1.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DHC
DHC
U
U
Q4 25
$105.4M
$2.1B
Q3 25
$201.4M
$1.9B
Q2 25
$141.8M
$1.7B
Q1 25
$302.6M
$1.5B
Q4 24
$144.6M
$1.5B
Q3 24
$256.5M
$1.4B
Q2 24
$265.6M
$1.3B
Q1 24
$207.1M
$1.2B
Total Debt
DHC
DHC
U
U
Q4 25
$2.4B
Q3 25
Q2 25
Q1 25
Q4 24
$3.1B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
DHC
DHC
U
U
Q4 25
$1.7B
$3.2B
Q3 25
$1.7B
$3.2B
Q2 25
$1.9B
$3.2B
Q1 25
$1.9B
$3.2B
Q4 24
$2.0B
$3.2B
Q3 24
$2.0B
$3.2B
Q2 24
$2.1B
$3.2B
Q1 24
$2.2B
$3.2B
Total Assets
DHC
DHC
U
U
Q4 25
$4.4B
$6.8B
Q3 25
$4.7B
$6.8B
Q2 25
$4.8B
$6.7B
Q1 25
$5.0B
$6.6B
Q4 24
$5.1B
$6.7B
Q3 24
$5.3B
$6.7B
Q2 24
$5.3B
$6.7B
Q1 24
$5.3B
$6.8B
Debt / Equity
DHC
DHC
U
U
Q4 25
1.47×
Q3 25
Q2 25
Q1 25
Q4 24
1.56×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DHC
DHC
U
U
Operating Cash FlowLast quarter
$-19.6M
$121.4M
Free Cash FlowOCF − Capex
$-166.4M
$118.7M
FCF MarginFCF / Revenue
-43.8%
23.6%
Capex IntensityCapex / Revenue
38.7%
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-280.3M
$403.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DHC
DHC
U
U
Q4 25
$-19.6M
$121.4M
Q3 25
$-49.3M
$155.4M
Q2 25
$53.0M
$133.1M
Q1 25
$-3.2M
$13.0M
Q4 24
$112.2M
$112.2M
Q3 24
$21.1M
$122.4M
Q2 24
$44.3M
$88.4M
Q1 24
$28.6M
$-7.4M
Free Cash Flow
DHC
DHC
U
U
Q4 25
$-166.4M
$118.7M
Q3 25
$-89.8M
$151.3M
Q2 25
$18.8M
$126.7M
Q1 25
$-42.9M
$7.3M
Q4 24
$-89.5M
$105.8M
Q3 24
$-26.1M
$115.2M
Q2 24
$3.3M
$79.6M
Q1 24
$-18.1M
$-14.6M
FCF Margin
DHC
DHC
U
U
Q4 25
-43.8%
23.6%
Q3 25
-23.1%
32.1%
Q2 25
4.9%
28.7%
Q1 25
-11.1%
1.7%
Q4 24
-23.6%
23.1%
Q3 24
-7.0%
25.8%
Q2 24
0.9%
17.7%
Q1 24
-4.9%
-3.2%
Capex Intensity
DHC
DHC
U
U
Q4 25
38.7%
0.5%
Q3 25
10.4%
0.9%
Q2 25
8.9%
1.5%
Q1 25
10.2%
1.3%
Q4 24
53.1%
1.4%
Q3 24
12.6%
1.6%
Q2 24
11.0%
2.0%
Q1 24
12.6%
1.6%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DHC
DHC

Senior Housing Operating Portfolio Segment$323.4M85%
Rental Income$56.2M15%

U
U

Grow Solutions$338.2M67%
Create Solutions$164.9M33%

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