Ubisoft UK Warns of FY26 Sales Drop as Players Stick With Fewer Games

Overview

• Ubisoft Limited said revenue for the year ending 31 March 2026 is expected to fall, citing a smaller release slate and customers spending more time on a narrow set of titles.
• The filing states consumers are buying fewer full-price games, with subscriptions, free-to-play models and long-running live-service releases reshaping demand.
• UK market data in the report highlight a 35% decline in physical software sales and a 25% fall in hardware sales for the year to March 2025.
• For FY25, Ubisoft Limited revenue rose 11% to £33.3m after integrating customer relationship centre activities, while sale-of-goods revenue fell 29% to £18.9m and pre-tax profit dropped to £1.1m due to a prior-year £55m dividend not repeating.
• The update lands during a broader shake-up that includes a Tencent-backed Vantage Studios carve-out, studio reorganisations and layoffs, plus a postponed half-year earnings release and a trading halt request on Euronext with Reuters reporting the shares down 49% year to date as of 13 November.