Ubisoft's net bookings are down 54% year-on-year
Ubisoft reported a 54% year-on-year decrease in net bookings, despite exceeding Q4 guidance. CEO Yves Guillemot described the past fiscal year as one of "decisive action" and "ambitious transformation," involving restructuring, cost-cutting, and project cancellations. The company anticipates FY2026-27 to be a low point for free cash flow, with a focus on key titles like Rainbow Six Siege and Assassin's Creed Black Flag Resynced, aiming for positive free cash flow by FY2027-28.
- Entities
- Topic: Company Restructuring
- Game: Assassin's Creed Shadows
- Game: Rainbow Six Siege
- Game: Assassin's Creed Black Flag
- Person: Yves Guillemot
- Topic: Financial Performance
- Company: Ubisoft
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