Uh-oh, Ubisoft: Studio delays 2025-26 earnings report, halts trading

Ubisoft logo center-foreground over promo image from 'ANNO 117: Pax Romana' (Outrun Gaming: Uh-oh, Ubisoft: Studio delays 2025-26 earnings report, halts trading) | Outrun Gaming

On Thursday, French video game company Ubisoft announced that it would postpone the release of its half-year financial results for the 2025-26 fiscal year. The Just Dance publisher also said it would cease share and bond trading beginning on Friday, Nov. 14, until the financial report is published. Ubisoft did not provide a public explanation, but said in a statement it would “inform the market of the date on which trading will restart.” The company provided no tentative release window in its brief announcement.

 | Outrun Gaming

Ubisoft’s decision to withhold its report and halt trading was made day-of, further raising the eyebrows of both fans and industry experts. The move also coincides with the brand’s launch of the real-time strategy title, ANNO 117: Pax Romana.

This brow-raising delay is the latest hurdle for the embattled Far Cry label. Ubisoft has been a headline mainstay in 2025 due to layoffs, a workplace harassment suit, controversial statements, and an interesting brand relationship with Chinese tech conglomerate Tencent. Tencent has invested more than $1.1 billion since beginning its Ubisoft undertaking. The companies’ joint venture, announced in July 2025, comprises new “creative houses” that oversee Ubisoft’s most well-known IPs: Assassin’s CreedFar Cry, and Tom Clancy’s Rainbow Six.

Screenshot of UBISOFT 25-26 financial report postponement (Outrun Gaming: Uh-oh, Ubisoft: Studio delays 2025-26 earnings report, halts trading)
Image Credit: Ubisoft.

Ubisoft’s Internal Letter

Ubisoft said little to those on the outside looking in. However, an internal email (via Insider Gaming) from Ubisoft CFO Frederick Duguet claims the halt in trading is intended to “limit unnecessary speculation and market volatility” while the company holds onto its H1 2025-26 results. Read Duguet’s statement:

“Hello everyone,

“I wanted to let you know that we are taking extra time to finalize the closing of the semester, and as a result we will publish our first-half earnings results in the coming days instead of tonight.

“Due to legal regulations, we cannot share more information with you at this time. To limit unnecessary speculation and market volatility during this short delay, we have asked Euronext to suspend the trading of our stock until the results are announced. We know this is likely to raise questions and drive media coverage. I encourage you all to listen to the conference call – which will be available via the Investor section of our site — just after the results are released so that you have a more detailed view of our earnings.

“Thanks for your understanding.”

During fiscal year 2023-24, Ubisoft generated about $2.7 billion in net bookings. In the company’s full-year report from the following fiscal year (2024-25), net bookings fell 20.5% to $2.1 billion. Since the start of 2025, Ubisoft’s shares have plummeted 49%.

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Stephanie Valentine
A lifelong gamer raised on classic titles like Crash Bandicoot, Spyro, and Croc, Stephanie brings her expertise of gaming and pop culture to deliver unique, refreshing views on the world of video games, complete with references to absurd and obscure media.

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