Overview
- Ubisoft disclosed Wednesday that it posted a record operating loss of about €1.3 billion for the year to March 2026 and saw steep falls in revenue and net bookings.
- The firm warned FY2026-27 will be a low point with sales forecast down about 8–9 percent and potential cash burn up to €500 million before it expects to return to profit in FY2027-28.
- January’s reorganisation has already cancelled seven projects, delayed six more, cut roughly 1,200 jobs and begun consolidating development into five 'creative houses' to lower fixed costs.
- Management confirmed a pipeline of major franchise releases through March 31, 2029 — including Assassin’s Creed Black Flag Resynced — while leaning on live-service titles and the back catalogue to sustain bookings.
- Ubisoft said it will accelerate investment in generative AI (notably the Teammates experiment) and named Nicolo Laurent as a special adviser to Vantage Studios, a Tencent‑linked unit that will help steward top brands.