Ubisoft has issued an eleventh-hour delay of its earnings report and halted all share trading until those financial results are released. There's been a lot of buzz across the industry lately as big gaming companies release their quarterly and half-yearly results, but some announcements have caused more of a stir than others. It's still unclear what exactly is going on at Ubisoft, but the last-minute delay has sparked widespread speculation.
Last year was not easy for the company. Regardless of the title Assassin's Creed Shadows Performing well, Ubisoft reported a €159 million year-on-year loss in March 2025, as game sales and subscription revenue fell by 20.5% over the previous fiscal year. Given that decline, investors may be anxious to know how the company performed in the subsequent period, but they'll have to wait a while to find out.
Ubisoft delays earnings report and pauses trading hours ahead of scheduled release
On November 13, hours before it was set to present its earnings, Ubisoft announced that its H1 FY25-26 report would be delayed until “in the coming days”. Adding to the surprise, Ubisoft has also requested that Euronext, which is listed on the stock market, stop trading its shares and bonds from November 14 until the company publishes its report. The stock freeze has fueled rumors of a privatization deal or acquisition, calling to mind EA's recent $55 billion purchase, but Ubisoft's press release did not reveal its reasoning. However, in an internal email obtained by Insider Gaming, Ubisoft's CFO said employees were taking more time to “finalize” the results and that there was a trading pause in the meantime to “limit unnecessary speculation and market volatility.”
It's entirely possible that the sudden pause stems from a bug Ubisoft discovered at the last minute or fresh data it deemed necessary to include. Still, it's not hard to speculate about a possible change in company structure or leadership. Chinese gaming giant Tencent became Ubisoft's largest shareholder a few years ago and has since worked with the company to create a new subsidiary to take over the franchises. Assassin's Creed and cry away. That growing influence makes Tencent seem like a logical buyer, but it's impossible to say anything for sure until Ubisoft or another involved party releases more official information.
However, it is very fast now. As part of its major restructuring, Ubisoft announced several layoffs in 2025, and there has been a well-publicized dispute between some shareholders and company leadership. How that will play out and whether it has anything to do with the sudden earnings report delay is up in the air for now, but more details should emerge before long.
- Date of establishment
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March 28, 1986
- Headquarters
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Saint Mande, France
- CEO
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Yves Guillemot
