Ubisoft Switches Completely to Autonomous Creative Houses
Ubisoft intends to restructure its business completely, becoming a group of autonomous creative houses. The company announced this reorganisation alongside the publication of its Q1 results, which were slightly below expectations.
Ubisoft has released its sales figures for the first quarter of the 2025-26 fiscal year, covering April to June 2025. The company reported sales of €310.8 million (IFRS 15), which is a 3.9% decrease compared to the previous year. Net bookings for Q1 reached €281.6 million (-2.9%), which was below expectations due to a lower-than-expected performance of Rainbow Six Siege (impact from a pricing exploit), a partnership that is now expected to materialise in Q2, and an unfavourable foreign exchange impact. Net bookings for the back catalogue stood at €260 million, representing a year-on-year increase of 4%, or 6% excluding partnerships.