Ubisoft It delayed its earnings report at the eleventh hour and paused all stock trading until it released its financial results. There's been a lot of noise across the industry lately as major gaming companies release their quarterly and semi-annual results, but some announcements have created bigger waves than others. It's still unclear what exactly is happening at Ubisoft, but the last-minute delay has sparked widespread speculation.
The past year has not been easy for the company. Despite titles like Assassin's Creed Shadow Ubisoft, which has been performing well, reported a year-on-year loss of €159 million in March 2025, thanks to a 20.5% decline in game sales and subscription revenue in the last fiscal year. Given that decline, investors might be interested to know how the company has performed in subsequent periods, but they'll have to wait a little longer to find out.
Ubisoft delays earnings report and pauses trading hours ahead of planned launch
On November 13, just hours before its earnings release was scheduled to be released, Ubisoft announced that its H1 FY25-26 report would be delayed until later in the “next few days.” Surprisingly, Ubisoft has asked its listed stock market, Euronext, to suspend trading in its stocks and bonds from November 14 until the company releases its report. The stock freeze has raised rumors of a privatization deal or acquisition, bringing to mind EA's recent $55 billion acquisition, but Ubisoft's press release did not disclose the reason. But in an internal email obtained by Insider Gaming, Ubisoft's CFO told employees that the results were “taking longer to be finalized” and that pausing trading in the meantime was “intended to limit unnecessary speculation and market volatility.”
It's possible that the sudden pause was caused by an error Ubisoft discovered at the last minute or new data it decided needed to be included. Still, it's hard not to speculate about potential changes to the company's structure or leadership. Chinese gaming giant Tencent became Ubisoft's largest shareholder a few years ago and has since teamed up with Ubisoft to create a new subsidiary that will handle the following franchises: Assassin's Creed and Far Cry. With its growing influence, Tencent may seem like a logical buyer, but we can't say for sure until more official information is released by Ubisoft or other involved parties.
Whatever the case, there is a lot of movement happening right now. As part of a larger restructuring, Ubisoft announced a number of layoffs in early 2025, following a highly publicized dispute between some shareholders and the company's management. How that will play out, and whether it has anything to do with the sudden earnings reporting delay, is unknown at this time, but we'll have more details in the near future.
- Establishment date
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March 28, 1986
- headquarters
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Saint-Mande, France
- CEO
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Yves Guillermo
