French gaming large Ubisoft’s future unsure regardless of regular third-quarter 2025 outcomes

When saying Ubisoft’s newest outcomes, CEO Yves Guillemot didn’t disguise his satisfaction: “We delivered a solid third-quarter performance (…) exceeding our expectations.” In truth, in comparison with the identical interval in 2024, income remained steady at €318 million between July and September 2025, whereas “net bookings” – an indicator near income – rose by practically 12% year-on-year, reaching €338 million.

Is this sufficient to reassure markets? Not essentially. Shares of the French online game large bounced again barely on Thursday, February 12, closing at €4.17. But the worth stays removed from the greater than €95 reached in August 2018 or the €85 mark it crossed in January 2021, buoyed by the enchantment of video video games throughout Covid-19 lockdowns. Since then, the inventory value has solely continued to say no.

Amid a poisonous office setting and a collection of unlucky strategic selections, Ubisoft has misplaced its method over the previous 5 years. After the disappointing reception of video games like Star Wars Outlaws in 2024, the abrupt discontinuation of XDefiant six months after its launch that very same 12 months, and the outright cancellation of recent titles, the corporate discovered itself pressured to implement cost-cutting measures since 2023: €300 million in cumulative financial savings throughout 2023 and 2024, then one other €200 million introduced for the 2026-2027 interval on January 21, 2026. This interval of austerity has included workforce reductions, with a number of studios shut down overseas (San Francisco in California, Osaka in Japan, Halifax in Canada, and so on.), and now, a plan to chop 200 jobs at its headquarters in Saint-Mandé, Val-de-Marne (Paris area).

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