Ubisoft has issued an eleventh-hour delay to its earnings report, pausing all stock trading until it releases these financial results. There's been a lot of noise across the industry lately as major gaming companies release their quarterly and half-year results, but some announcements have caused more of a stir than others. It's still unclear exactly what's going on at Ubisoft, but the last-minute delay has sparked a lot of speculation.
The past year has not been easy for the company. Despite titles like Assassin's Creed Shadows On a positive note, Ubisoft reported a year-on-year loss of €159m in March 2025, thanks to a 20.5% drop in game sales and subscription revenue in the last financial year. Given that decline, investors may be eager to know how the company has performed in the trailing period, but they'll have to wait a little longer to find out.
Ubisoft delays earnings report and pauses trading hours ahead of scheduled release
On November 13, just hours before it was due to present its results, Ubisoft announced that its H1 FY25-26 report would be delayed until later in “the coming days”. To add to the surprise, Ubisoft has also requested that Euronext, the stock market it is listed on, halt trading of its shares and bonds from November 14 until whenever the company publishes its report. The stock halt has sparked rumors of a privatization deal or acquisition, reminiscent of EA's recent $55 billion purchase, but Ubisoft's press release did not reveal its reasoning. But in an internal email obtained by Insider Gaming, Ubisoft's chief financial officer told employees that it is “taking extra time to finalize” the results and that the trading pause was to “limit unnecessary speculation and market volatility” in the meantime.
It's entirely possible that the sudden pause stems from a bug that Ubisoft discovered at the last minute or fresh data that it felt was necessary to include. Still, it's hard not to speculate about a potential change in corporate 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 handle franchises such as Assassin's Creed and Far Cry. That growing influence would make 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.
Be that as it may, there is a lot of movement right now. As part of its larger restructuring, Ubisoft announced several layoffs earlier in 2025, and there have been high-profile discussions between some shareholders and management. How that will play out and whether it has anything to do with the sudden delay in the earnings report is up in the air for now, but more details should emerge shortly.
- Date founded
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March 28, 1986
- Head office
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Saint Mande, France
- CEO
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Yves Guillemot
