Ubisoft's full FY26 financial report shows a sharp decline in revenue and net bookings.
Ubisoft has disclosed its financial results for the full 25-26 fiscal year, indicating a significant drop in revenue and net bookings by 21.8% and 17.4% year-over-year (YoY) respectively. This decline is attributed to a 'softer new release schedule' and a new operating model. The company plans to continue its transformation in the upcoming financial year, expecting a low point in free cash flow for the current year.
Looking forward to the 26-27 financial year, Ubisoft anticipates a strong rebound with positive free cash flow in FY27-28 and robust figures for FY28-29. The report highlights strong engagement for Tom Clancy's Rainbow Six Siege and The Division 2, with Assassin's Creed also performing well. Despite some cancellations and delays, Ubisoft remains focused on restructuring and supporting its live service portfolio.
CEO Yves Guillemot emphasized the company's strategic reset and transformation efforts, aiming to deliver sustainable free cash flow over time despite short-term financial challenges.
