Over the year, Ubisoft lost more than 1.3 billion euros — a record
The last fiscal year was one of the worst in Ubisoft's history. The company informed investors that its key performance indicators significantly declined during the period from April 1, 2025, to March 31, 2026.
Assassin’s Creed Mirage
- Ubisoft's operating losses reached €1.32 billion. In comparison, a year ago, they were €196.5 million. According to the words of Chief Financial Officer Frederick Duguet, the company had never experienced such significant losses before.
- The consolidated net losses exceeded €1.5 billion, which is six times more than the previous year.
- Ubisoft's revenue fell by 21.8% to €1.39 billion. Its net bookings (deferred revenue) decreased by 17.4% to €1.52 billion.
- North America remained Ubisoft's main market, responsible for 42% of all revenue. This is a 3‰ decrease year-over-year. By platform, the breakdown is as follows: 49% on consoles, 35% on PC, and 7% on mobile.
- The drop in revenue was explained by a lack of strong game releases and restructuring.
- The number of unique users in Ubisoft's console and PC games decreased to 129 million people, down by 5 million from last year. However, the Monthly Active Users (MAU) remained unchanged at 36 million people.
- Over the year, Ubisoft's staff was reduced by 1,200 people. As of March 31, 2026, the company had 16,590 employees.
- The company forecasts that its revenues will decline again in the current fiscal year, but it expects growth afterward. In particular, a "high-quality" lineup of new games from the Assassin’s Creed, Far Cry, and Ghost Recon franchises is anticipated to return momentum. Additionally, Ubisoft is counting on the effects of its cost-cutting program.
- Ubisoft also noted that it does not rule out disposing of part of its assets in the future.