FilingsESEF report

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.

Revenue€1.4 billion
Operating income−€1.32 billion
Net income−€1.52 billion
Year endedMar 31, 2026

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.123456789

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).1101112131415

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.1617181920212223

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.2416

How each figure was checked24 facts
  1. 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, 2026Our database
  2. Revenue change on the year before (a fall)−21.8% on the same year a year earlierOur database
  3. Revenue in the same year a year earlier€1.79 billion in the same year a year earlierOur database
  4. The report covers the year ended Mar 31, 2026Mar 31, 2026Our database
  5. The report was added to filings.xbrl.org, a free index of ESEF reports run by XBRL International, on Jul 7, 2026Jul 7, 2026Our database
  6. 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, 2026Our database
  7. Operating income in the same year a year earlier (a loss)−€196.5 million in the same year a year earlierOur database
  8. 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, 2026Our database
  9. Net income in the same year a year earlier (a loss)−€243.2 million in the same year a year earlierOur database
  10. 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, 2020Our database
  11. 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, 2021Our database
  12. 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, 2022Our database
  13. 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, 2023Our database
  14. 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, 2024Our database
  15. 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, 2025Our database
  16. Massive Entertainment sits under UbisoftUbisoftOur database
  17. Massive Entertainment is a developerdeveloperOur database
  18. Ubisoft Montréal sits under UbisoftUbisoftOur database
  19. Ubisoft Montréal is a developerdeveloperOur database
  20. Vantage Studios sits under UbisoftUbisoftOur database
  21. Vantage Studios is a developerdeveloperOur database
  22. Ubisoft Montréal develops Tom Clancy's Rainbow Six SiegeTom Clancy's Rainbow Six Siege (developer)Our database
  23. Ubisoft publishes Tom Clancy's Rainbow Six SiegeTom Clancy's Rainbow Six Siege (publisher)Our database
  24. 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)Our database

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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
Open the source ↗

Annual revenue, last 7 periods

Mar 31, 2026€1.4 billion
Mar 31, 2025€1.79 billion
Mar 31, 2024€2.3 billion
Mar 31, 2023€1.81 billion
Mar 31, 2022€2.13 billion
Mar 31, 2021€2.22 billion
Mar 31, 2020€1.59 billion
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About Ubisoft

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Revenue€1.4 billionYear to Mar 31, 2026 · −21.82% year over year
Operating income−€1.32 billionYear to Mar 31, 2026 · −572.93% year over year
Net income−€1.52 billionYear to Mar 31, 2026 · −523.56% year over year

Source: Annual report (ESEF), fiscal year to Mar 31, 2026

Open roles
332 open roles · 49 posted this week · 1 job board
Layoffs, 12 months
93 workers named · 1 notice, latest Jun 10

Sources

  1. filings.xbrl.org, report viewer
  2. Ubisoft annual report, as filed
  3. How we collect our data

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