A few days ago, news broke that Ubisoft delayed its half-year FY26 financial report at the last minute. While that didn’t raise too many eyebrows, the company also suspended trading of shares and bonds. This made all of us speculate that something big was coming, possibly a buyout of some kind. However, it seems things are better than we thought.

Black Flag Is The Only Assassin’s Creed With Modern Day Sections Worth Caring About
I’m going to miss sneaking around Abstergo Industries from a first-person perspective.
Ubisoft finally released the report, and it’s surprisingly doing pretty well. In fact, the company even exceeded its sales expectations, with CEO Yves Guillemot saying Assassin’s Creed, Rainbow Six: Siege, and The Division 2 did most of the heavy lifting in the last six months. It turns out we didn’t give the studio enough credit.
Ubisoft Exceeded Its Own Expectations
“Q2 Net Bookings exceeded expectations, reaching €490.8m, versus guidance of around €450m, and up 39% year-on-year,” says the report. “The outperformance was driven by stronger-than-expected partnerships, and was supported by a robust back-catalog, both highlighting the strength of the Group’s brands.”
Besides that, there were a few new developments that the report contained. Guillemot revealed that Vantage Studios will finally be established in January 2026, with the framework for the studio taking shape by the end of the year. It will be built on a Creative Houses model, which will be “autonomous, efficient, focused and accountable business units, each with its own leadership, creative vision and strategic roadmap.”
“This Group-wide transformation reflects our ambition to renew how we create and operate in order to deliver great games for our players and lasting value for our partners and shareholders.”
Let’s Not Lie To Ourselves, Ubisoft’s New Subsidiary Leadership Is Nepotism And We All Know It
This might not be great for Ubisoft’s future.
I think all of us are a bit surprised by this, especially since it’s been a while since Ubisoft put out an objectively good game. It turns out Assassin’s Creed Shadows sold pretty well, and Rainbow Six: Siege and The Division 2 still bring in a lot of money.
As for why the financial report was delayed, there was apparently an accounting error made by Ubisoft that was caught by auditors at the last moment. This resulted in the entire report having to be made all over again, with the correct details. The speculations that it was due to a last-minute acquisition can now finally be put to rest.
- Date Founded
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March 28, 1986
- CEO
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Yves Guillemot
- Subsidiaries
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Massive Entertainment, Ubisoft Paris, Ubisoft Quebec, Ubisoft San Francisco
- Headquarters
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Saint Mandé, France