Ubisoft Report: Revenue Decline, Workforce Reduction by 744 People Over the Year, and Expense Optimization
Ubisoft reported its results for the first half of 2025 (ended September 30). Below are the key highlights of the company's financial performance.
- Ubisoft's revenue for the half-year reached €671.9 million, which is 19.6% lower compared to the same period last year.
- Net bookings dropped by 21.9% to €642.3 million. Revenues from DLC, in-game purchases, subscriptions, etc., amounted to €312.7 million (-39.2%).
- Bookings from back-catalog games reached €494.2 million (-28.9%), accounting for 76.9% of the total volume.
- Consoles remained the main platform for bookings, but their share fell from 72% to 60%. Conversely, PC's share increased from 14% to 23%, while mobile remained at 8%.
- Ubisoft also recorded operating losses of €271.8 million. A year earlier, the company reported an operating profit of €16.1 million.
- Regarding the cost optimization program, Ubisoft noted that it is progressing as planned. According to CEO Yves Guillemot, the company saved over €200 million in six months—thanks in part to "strict hiring control and targeted restructurings."
- Since September 2023, the workforce has decreased by 744 people—to 18.6 thousand, and over the past 24 months, the company parted with more than 2000 employees.
- CFO Frédérick Duguet added that Ubisoft is considering selling non-core assets as part of its strategy to refocus the business on two main areas: open-world projects and games-as-a-service.
