Ubisoft revealed its monetary outcomes for the 9 months ending December 31, 2025, reporting an 18% improve in net bookings to €1.1 billion, primarily driven by Assassin’s Creed.
The franchise additionally boosted Ubisoft’s Q3 back-catalogue gross sales by 11% to €297 million, alongside contributions from Avatar and The Division.
This is what you want to know:
The numbers
For the 9 months ending December 31, 2025:
- Income: €976.2 million (down 1.4% year-on-year)
- Net bookings: €1.1 billion (up 18% year-on-year)
- Digital net bookings: €941.7 million (up 20% year-on-year)
- Again-catalogue net bookings: €1.03 billion (up 36.2% year-on-year)
For the three months ending December 31, 2025:
- Net bookings: €338 million (up 12% year-on-year)
- Digital net bookings: €297 million (up 10.7% year-on-year)
The highlights
Q3 net bookings exceeded expectations, surpassing Ubisoft’s revised steerage of €330 million on account of development from partnerships and the Assassin’s Creed franchise.
The November launch of Anno 117: Pax Romana outperformed Anno 1800 through the comparable interval, whereas Rainbow Six Siege “was consistent with expectations.”
Month-to-month energetic customers (MAUs) for Rainbow Six Siege elevated year-on-year, and every day energetic customers in early January have been double these in early November. Avatar: Frontiers of Pandora skilled robust participant engagement after the From The Ashes growth, with “session days” almost doubling year-on-year.
Ubisoft reported 130 million month-to-month energetic customers throughout console and PC in 2025, with December’s determine reaching 38 million, up 3% year-on-year.
“We delivered a stable third-quarter efficiency, with net bookings rising at a double-digit fee year-on-year, exceeding our expectations,” mentioned Ubisoft CEO Yves Guillemot.
“This efficiency displays the energy of our portfolio and the breadth of participant engagement throughout our core franchises, supported by latest releases and stay content material updates that proceed to resonate with gamers.”
Throughout its third quarter, Ubisoft accomplished Tencent’s €1.16 billion funding in Vantage Studios, which oversees the Assassin’s Creed, Far Cry, and Rainbow Six franchises.
In December, Ubisoft acquired the upcoming MOBA March of Giants from Amazon Recreation Studios. This adopted workforce reductions at Amazon’s recreation publishing division.
Final month, the French writer introduced restructuring plans, together with its new Artistic Home construction. Ubisoft said its “transformation is nicely underway,” with further key management appointments starting in March 2026.
We spoke to Ubisoft’s CFO and SVP of Studio Operations relating to the corporate’s imaginative and prescient for the brand new Artistic Home construction, which you’ll be able to learn right here.
It additionally confirmed that the session course of has begun to scale back Ubisoft Worldwide’s headcount in Paris by 200 roles. The voluntary redundancy course of was introduced days after the restructuring announcement.
“This transformation is designed to sharpen focus, speed up decision-making and elevate our inventive ambition in an more and more selective market,” added Guillemot.
“As we transfer into this execution section, our monetary place and obtainable money present the pliability wanted to tackle the near-term maturity, whereas we proceed to work on extending our debt profile.”
He continued: “This enables us to stay targeted on delivering the transformation and creating the situations for our Artistic Homes to totally ship on the numerous pipeline of outstanding, high-quality video games we could have inside the subsequent three years.
“Importantly, this transformation is supported by the strongly improved retention and strengthened expertise pool thanks to the return of quite a few expert former Ubisoft staff in our studios over the latest years.”
In response to Ubisoft’s restructuring plans, greater than 1,200 staff took half in a three-day worldwide strike this week.
Ubisoft later said that 538 staff reported taking part within the strike.
“We perceive these modifications, notably these affecting work organisation, are producing robust emotions,” the agency mentioned in a press release.
“Because the announcement, we’ve held a sequence of discussions and knowledge periods at a number of ranges to assist groups higher perceive the brand new organisation and to give them the chance to share their questions and considerations.”
It added: “Ubisoft’s management stays dedicated to sustaining an open and constructive dialogue with staff and worker representatives, so as to assist this transformation and to construct a steady and clear working framework for everybody.”