Ubisoft's annual revenue fell 22% to €1.4 billion, with a net loss of €1.52 billion
The operating loss was €1.32 billion, against a loss of €196.5 million a year earlier. The net loss was €1.52 billion, against a loss of €243.2 million the year before.
Ubisoft's revenue fell 22% to €1.4 billion in the year from Apr 1, 2025 to Mar 31, 2026, from €1.79 billion the year before. The figures are from its annual report, filed as an ESEF report, the electronic format European listed companies use for annual reports. The report was added on Jul 7 to filings.xbrl.org, a free public index of ESEF reports run by XBRL International. Its operating loss, the shortfall left after the costs of running the business, was €1.32 billion, against a loss of €196.5 million a year earlier. Its net loss, the result after all costs and tax, was €1.52 billion, against a loss of €243.2 million.1,2,3,4,5,6,7,8,9
Revenue of €1.4 billion is the lowest of the annual figures covering Apr 1, 2019 to Mar 31, 2026. In the earlier years, revenue was between €1.59 billion (the year from Apr 1, 2019 to Mar 31, 2020) and €2.30 billion (the year from Apr 1, 2023 to Mar 31, 2024).1,10,11,12,13,14,15
Among the companies under Ubisoft are the developers Massive Entertainment, Ubisoft Montréal and Vantage Studios. Ubisoft Montréal develops Tom Clancy's Rainbow Six Siege, which Ubisoft publishes.16,17,18,19,20,21,22,23
Ubisoft and the companies under it had 327 open roles at the end of Oct 8, 2026.24
Open roles are counted for the end of Oct 8 alone, so there is no hiring trend. All figures are in euros, as the report states them, and none is converted. They are group totals, not split by studio or game, and the report's text is not part of the data, so what drove the fall in revenue and the loss is not known here.24,1,6
How each figure was checked
- Revenue for the year from Apr 1, 2025 to Mar 31, 2026€1.4 billion for the year from Apr 1, 2025 to Mar 31, 2026
- Revenue change on the year before (a fall)−21.8% on the same year a year earlier
- Revenue in the same year a year earlier€1.79 billion in the same year a year earlier
- The report covers the year ended Mar 31, 2026Mar 31, 2026
- The report was added to filings.xbrl.org, a free index of ESEF reports run by XBRL International, on Jul 7, 2026Jul 7, 2026
- Operating income for the year from Apr 1, 2025 to Mar 31, 2026 (a loss)−€1.32 billion for the year from Apr 1, 2025 to Mar 31, 2026
- Operating income in the same year a year earlier (a loss)−€196.5 million in the same year a year earlier
- Net income for the year from Apr 1, 2025 to Mar 31, 2026 (a loss)−€1.52 billion for the year from Apr 1, 2025 to Mar 31, 2026
- Net income in the same year a year earlier (a loss)−€243.2 million in the same year a year earlier
- Revenue for the year from Apr 1, 2019 to Mar 31, 2020€1.59 billion for the year from Apr 1, 2019 to Mar 31, 2020
- Revenue for the year from Apr 1, 2020 to Mar 31, 2021€2.22 billion for the year from Apr 1, 2020 to Mar 31, 2021
- Revenue for the year from Apr 1, 2021 to Mar 31, 2022€2.13 billion for the year from Apr 1, 2021 to Mar 31, 2022
- Revenue for the year from Apr 1, 2022 to Mar 31, 2023€1.81 billion for the year from Apr 1, 2022 to Mar 31, 2023
- Revenue for the year from Apr 1, 2023 to Mar 31, 2024€2.3 billion for the year from Apr 1, 2023 to Mar 31, 2024
- Revenue for the year from Apr 1, 2024 to Mar 31, 2025€1.79 billion for the year from Apr 1, 2024 to Mar 31, 2025
- Massive Entertainment sits under UbisoftUbisoft
- Massive Entertainment is a developerdeveloper
- Ubisoft Montréal sits under UbisoftUbisoft
- Ubisoft Montréal is a developerdeveloper
- Vantage Studios sits under UbisoftUbisoft
- Vantage Studios is a developerdeveloper
- Ubisoft Montréal develops Tom Clancy's Rainbow Six SiegeTom Clancy's Rainbow Six Siege (developer)
- Ubisoft publishes Tom Clancy's Rainbow Six SiegeTom Clancy's Rainbow Six Siege (publisher)
- Open roles at Ubisoft and its companies at the end of Oct 8, 2026 (UTC)327 open roles at the end of Oct 8, 2026 (UTC)
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The record
- Company
- Ubisoft (LEI 969500I7C8V1LBIMSM05)
- Report
- 969500I7C8V1LBIMSM05-2026-03-31-ESEF-FR-0
- Added to the index
- Jul 7, 2026
- Index validation
- 0 errors, 0 inconsistencies, 0 warnings
- Period covered
- Apr 1, 2025 – Mar 31, 2026
- Revenue
- 1,395,700,000 EUR
- Revenue, a year earlier
- 1,785,300,000 EUR
- Operating income
- −1,322,300,000 EUR
- Operating income, a year earlier
- −196,500,000 EUR
- Net income
- −1,516,500,000 EUR
- Net income, a year earlier
- −243,200,000 EUR
Annual revenue, last 7 periods
About Ubisoft
Ubisoft page →- Studios
- i3D.net, Massive Entertainment, Nadeo, Ubisoft Annecy, Ubisoft Blue Byte, Ubisoft Bordeaux and 9 more
- Games
- Anno 117: Pax Romana, Assassin's Creed Black Flag Resynced, Assassin's Creed Mirage, Assassin’s Creed Shadows, Avatar: Frontiers of Pandora, Far Cry 6 and 9 more
- Open roles
- 332 open roles · 49 posted this week · 1 job board
- Layoffs, 12 months
- 93 workers named · 1 notice, latest Jun 10
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