Ubisoft Reports Delayed Earnings as Tencent Deal Nears Completion

by Salal Awan

Ubisoft has finally released its delayed earnings report after an accounting problem forced the company to stop trading its shares on Euronext Paris earlier this month. The publisher confirmed that the trading suspension, which started on November 14 following the announcement on November 13, would continue until the results were public. This disclosure comes after the news last week that the financial release for the first half of fiscal year 2025–2026 had been surprisingly postponed.

The company mentioned that its deal with Tencent is expected to finalize in the next few days, stating that all necessary conditions have been met. According to Ubisoft, the €1.16 billion investment will help reduce the Group’s debt, speed up the expansion of Vantage Studios’ properties, support certain investments across the business, and assist with ongoing efforts to restructure.

Ubisoft also gave an update on the progress of its broader transformation plan. The Group plans to finish designing a new operating model focused on “Creative Houses” by the end of the year, with all the specific details set to be revealed in January 2026. This move is aimed at making the company more creatively focused, more efficient, and more accountable. Furthermore, the publisher confirmed that its cost reduction program is still on track to save at least €100 million in fixed costs by fiscal year 2026–2027 compared to fiscal year 2024–2025.

Looking ahead, Ubisoft repeated that Prince of Persia: The Sands of Time Remake is still scheduled for Q1 2026. The publisher also included Rainbow Six Mobile, The Division Resurgence, and an unannounced title in its lineup for Q4.

You may also like