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Ubisoft Flags More Losses After Record Hit

Ubisoft said net bookings fell 17.4% and it expects 2026-27 sales to drop about 8% to 9% as restructuring continues.

  • On Wednesday, French videogame publisher Ubisoft warned of another year of losses after reporting a record International Financial Reporting Standards operating loss of €1.3 billion for the year ending March 2026.
  • To stabilize cash flow, Ubisoft cut about 1,200 jobs over the past year, reducing fixed costs by €118 million to €1.435 billion, with further reductions targeting €1.25 billion by March 2028.
  • Sales in 2026-27 will likely fall by about 8% to 9%, with cash burn reaching €500 million as the company shifts toward live-service multiplayer games like Riot Games "League of Legends."
  • Ubisoft named former Riot Games chief executive Nicolo Laurent as special adviser to Vantage Studios, a Tencent-Ubisoft venture, while negotiating with lenders to refinance upcoming debt maturities.
  • First-Quarter net bookings are projected to reach about €250 million, bolstered by "Assassin's Creed Black Flag Resynced," a remake of the 2013 Caribbean-set hit launching ahead.
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The French video game giant has published a record net loss and warns that his next exercise will remain difficult, in a context of restructuring and reduced release schedule.

·Paris, France
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News from HD Technology. Visit www.hd-tecnologia.com for the latest news. Ubisoft recognized that 2026 will be a low point within its recent calendar. The company has few major launches planned for this year and hopes that this will be reflected in a drop in revenue. The observation came during the presentation of its latest financial report. In fiscal year 2025, Ubisoft recorded a fall of 17% in sales. In the quarterly comparison, the results w…

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TweakTown broke the news on Wednesday, May 20, 2026.
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