Ubisoft reports Q4 net bookings EUR 415M, down 54% y/y

Ubisoft (UBSFY) said Q4 Net Bookings exceeded expectations, reaching EUR 415M, versus guidance of around EUR 390M, driven by stronger-than-expected performance across the back-catalog, highlighting the enduring strength of the Group’s brands. Net bookings were down 54% year-on-year when compared to a record Q4 in FY2025-26 that included the release of Assassin’s Creed Shadows and significantly higher revenue from partnerships. Yves Guillemot, Co-Founder and Chief Executive Officer, said, “This past fiscal year was one of decisive action for Ubisoft. We initiated one of the most ambitious transformations in the company’s history, building a more focused, agile and disciplined organization that is capable of consistently delivering high-quality experiences to players through a sustained release cadence while supporting value creation over time.”