Ubisoft’s net bookings are down 54 % year-on-year, regardless of exceeding steerage in This autumn.
As a part of the firm’s earnings report pertaining to the total yr 2025-26, This autumn net bookings “exceeded expectations,” reaching €415m (round $482m) versus steerage of round €390m ($453m).
There may be over a half-percent lower compared year-on-year. The corporate attributes this to the discharge of Murderer’s Creed Shadows and “considerably increased” income from partnerships.
“This previous fiscal yr was one in every of decisive motion for Ubisoft,” the corporate’s co-founder and CEO Yves Guillemot stated. “We initiated one of the bold transformations within the firm’s historical past, constructing a extra targeted, agile, and disciplined group that’s able to persistently delivering high-quality experiences to gamers by a sustained launch cadence whereas supporting worth creation over time.”
The so-called transformation started in January with a colossal restructure to develop into a extra “gamer-centric” firm. The writer reorganized round 5 “artistic homes,” implementing cost-cutting, undertaking cancellations, and a extra strong return-to-office mandate.
Guillemot sees the FY2026-27 fiscal interval because the time to “pursue and full the execution of this transformation.” The CEO expects this yr to symbolize a low level within the firm’s free money movement trajectory, alongside a softer launch slate and restructuring prices.
The main focus, then, might be on Rainbow Six Siege, Murderer’s Creed Black Flag Resynced, and “different focused premium video games” based mostly on established Ubisoft manufacturers. This comes after seven tasks have been discontinued and 6 others have been delayed, per the report.
The plans lengthen to the long run. The anticipated end result, Guillemot says, is at no cost money movement to show constructive in FY2027-28, and attain a “strong stage” in FY2028-29.
Since Ubisoft’s huge restructure announcement, the corporate reportedly canceled a yet-to-be publicly acknowledged social-sim recreation Alterra, ended recreation growth at Crimson Storm and laid off 105 employees there, and closed its Halifax studio weeks after employees voted to unionize. Then, the writer confirmed that it quietly made 29 folks redundant at its studio in Abu Dhabi in November 2025. In February, Ubisoft Toronto laid off 40 staff.
Roughly 1,200 employees, in flip, responded by placing on February 10. Days prior, two union representatives demanded the resignation of Ubisoft CEO Yves Guillemot. In the meantime, a three-day worldwide strike was known as by 5 unions in France to demand management take “duty for the results of their catastrophic administration.”
“This two-year transformation comes with troublesome selections and a disappointing short-term monetary efficiency, however I firmly imagine that, collectively, these actions are higher positioning Ubisoft to ship sustainable free money movement over time,” Guillemot stated within the newest monetary report.
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