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Side-by-side financial comparison of Unity Software Inc. (U) and W. P. Carey Inc. (WPC). Click either name above to swap in a different company.

Unity Software Inc. is the larger business by last-quarter revenue ($503.1M vs $444.5M, roughly 1.1× W. P. Carey Inc.). W. P. Carey Inc. runs the higher net margin — 33.4% vs -17.9%, a 51.2% gap on every dollar of revenue. On growth, Unity Software Inc. posted the faster year-over-year revenue change (10.1% vs 9.4%). Over the past eight quarters, W. P. Carey Inc.'s revenue compounded faster (6.8% CAGR vs 4.5%).

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.

W. P. Carey is a real estate investment trust that invests in properties leased to single tenants via NNN leases. The company is organized in Maryland, with its primary office in New York City.

U vs WPC — Head-to-Head

Bigger by revenue
U
U
1.1× larger
U
$503.1M
$444.5M
WPC
Growing faster (revenue YoY)
U
U
+0.6% gap
U
10.1%
9.4%
WPC
Higher net margin
WPC
WPC
51.2% more per $
WPC
33.4%
-17.9%
U
Faster 2-yr revenue CAGR
WPC
WPC
Annualised
WPC
6.8%
4.5%
U

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
U
U
WPC
WPC
Revenue
$503.1M
$444.5M
Net Profit
$-90.0M
$148.3M
Gross Margin
74.3%
Operating Margin
-21.2%
34.5%
Net Margin
-17.9%
33.4%
Revenue YoY
10.1%
9.4%
Net Profit YoY
26.7%
215.4%
EPS (diluted)
$-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
U
U
WPC
WPC
Q4 25
$503.1M
$444.5M
Q3 25
$470.6M
$431.3M
Q2 25
$440.9M
$430.8M
Q1 25
$435.0M
$409.9M
Q4 24
$457.1M
$406.2M
Q3 24
$446.5M
$397.4M
Q2 24
$449.3M
$389.7M
Q1 24
$460.4M
$389.8M
Net Profit
U
U
WPC
WPC
Q4 25
$-90.0M
$148.3M
Q3 25
$-126.4M
$141.0M
Q2 25
$-108.8M
$51.2M
Q1 25
$-77.6M
$125.8M
Q4 24
$-122.7M
$47.0M
Q3 24
$-124.7M
$111.7M
Q2 24
$-125.6M
$142.9M
Q1 24
$-291.1M
$159.2M
Gross Margin
U
U
WPC
WPC
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
U
U
WPC
WPC
Q4 25
-21.2%
34.5%
Q3 25
-26.7%
34.7%
Q2 25
-26.9%
15.0%
Q1 25
-29.4%
33.5%
Q4 24
-27.1%
13.5%
Q3 24
-28.5%
30.4%
Q2 24
-28.8%
38.3%
Q1 24
-81.4%
43.0%
Net Margin
U
U
WPC
WPC
Q4 25
-17.9%
33.4%
Q3 25
-26.9%
32.7%
Q2 25
-24.7%
11.9%
Q1 25
-17.8%
30.7%
Q4 24
-26.8%
11.6%
Q3 24
-27.9%
28.1%
Q2 24
-28.0%
36.7%
Q1 24
-63.2%
40.8%
EPS (diluted)
U
U
WPC
WPC
Q4 25
$-0.21
Q3 25
$-0.30
Q2 25
$-0.26
Q1 25
$-0.19
Q4 24
$-0.30
Q3 24
$-0.31
Q2 24
$-0.32
Q1 24
$-0.75

Balance Sheet & Financial Strength

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

Metric
U
U
WPC
WPC
Cash + ST InvestmentsLiquidity on hand
$2.1B
$155.3M
Total DebtLower is stronger
$8.7B
Stockholders' EquityBook value
$3.2B
$8.1B
Total Assets
$6.8B
$18.0B
Debt / EquityLower = less leverage
1.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
U
U
WPC
WPC
Q4 25
$2.1B
$155.3M
Q3 25
$1.9B
$249.0M
Q2 25
$1.7B
$244.8M
Q1 25
$1.5B
$187.8M
Q4 24
$1.5B
$640.4M
Q3 24
$1.4B
$818.2M
Q2 24
$1.3B
$1.1B
Q1 24
$1.2B
$777.0M
Total Debt
U
U
WPC
WPC
Q4 25
$8.7B
Q3 25
$8.7B
Q2 25
$8.6B
Q1 25
$7.9B
Q4 24
$8.0B
Q3 24
$8.0B
Q2 24
$8.1B
Q1 24
$7.9B
Stockholders' Equity
U
U
WPC
WPC
Q4 25
$3.2B
$8.1B
Q3 25
$3.2B
$8.2B
Q2 25
$3.2B
$8.2B
Q1 25
$3.2B
$8.4B
Q4 24
$3.2B
$8.4B
Q3 24
$3.2B
$8.6B
Q2 24
$3.2B
$8.6B
Q1 24
$3.2B
$8.7B
Total Assets
U
U
WPC
WPC
Q4 25
$6.8B
$18.0B
Q3 25
$6.8B
$18.0B
Q2 25
$6.7B
$18.0B
Q1 25
$6.6B
$17.3B
Q4 24
$6.7B
$17.5B
Q3 24
$6.7B
$17.6B
Q2 24
$6.7B
$17.8B
Q1 24
$6.8B
$17.6B
Debt / Equity
U
U
WPC
WPC
Q4 25
1.07×
Q3 25
1.06×
Q2 25
1.05×
Q1 25
0.94×
Q4 24
0.95×
Q3 24
0.93×
Q2 24
0.94×
Q1 24
0.91×

Cash Flow & Capital Efficiency

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

Metric
U
U
WPC
WPC
Operating Cash FlowLast quarter
$121.4M
$304.6M
Free Cash FlowOCF − Capex
$118.7M
FCF MarginFCF / Revenue
23.6%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
2.05×
TTM Free Cash FlowTrailing 4 quarters
$403.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
U
U
WPC
WPC
Q4 25
$121.4M
$304.6M
Q3 25
$155.4M
$300.5M
Q2 25
$133.1M
$404.0M
Q1 25
$13.0M
$273.2M
Q4 24
$112.2M
$296.3M
Q3 24
$122.4M
$280.2M
Q2 24
$88.4M
$221.0M
Q1 24
$-7.4M
$1.0B
Free Cash Flow
U
U
WPC
WPC
Q4 25
$118.7M
Q3 25
$151.3M
Q2 25
$126.7M
Q1 25
$7.3M
Q4 24
$105.8M
Q3 24
$115.2M
Q2 24
$79.6M
Q1 24
$-14.6M
FCF Margin
U
U
WPC
WPC
Q4 25
23.6%
Q3 25
32.1%
Q2 25
28.7%
Q1 25
1.7%
Q4 24
23.1%
Q3 24
25.8%
Q2 24
17.7%
Q1 24
-3.2%
Capex Intensity
U
U
WPC
WPC
Q4 25
0.5%
Q3 25
0.9%
Q2 25
1.5%
Q1 25
1.3%
Q4 24
1.4%
Q3 24
1.6%
Q2 24
2.0%
Q1 24
1.6%
Cash Conversion
U
U
WPC
WPC
Q4 25
2.05×
Q3 25
2.13×
Q2 25
7.89×
Q1 25
2.17×
Q4 24
6.30×
Q3 24
2.51×
Q2 24
1.55×
Q1 24
6.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

U
U

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

WPC
WPC

Segment breakdown not available.

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