Ubisoft’s crisis has entered a new chapter. The company was supposed to publish its financial results for the first half of 2025 on Thursday. However, this did not occur.
On Thursday, the gaming scene was eagerly looking towards Saint-Mandé. From there, east of the French capital Paris, groundbreaking insights into Ubisoft’s economic situation were expected. At 6 p.m., the struggling video game giant was supposed to publish its financial results for the first half of 2025 – but it failed to do so.
Instead of detailed reports and the obligatory earnings call, in which Ubisoft executives answer questions from investors, the developer’s website merely posted a brief statement: “Ubisoft announces the postponement of the publication of its results for the first half of the 2025 fiscal year.”
But that’s not all. The company also asked European stock exchanges to suspend trading in Ubisoft shares and bonds. The trading halt is to remain in place “from the market opening on November 14, 2025, until the publication of the results for the first half of 2025/26.” However, officials in France announced that the missing figures would be submitted “in the coming days.”
Trading halt just a precaution?
Ubisoft’s CFO Frederick Duguet confirmed the schedule shortly afterwards. In a memo to staff, which Insider Gaming has seen, he is said to refer to “several days” and also comment on the suspension of share trading. This was a preventive measure to minimize the consequences of inevitable speculation in the form of price fluctuations.
If Duguet is correct, there was naturally plenty of speculation about Ubisoft’s last-minute cancellation. There are many possible reasons for this unexpected development. Objections from tax auditors are just as likely as the redistribution or sale of company shares. The sale of brands is also conceivable. Back in March, Ubisoft had already moved three of its most prominent franchises to a new subsidiary.
Around the turn of the year, there were also layoffs as part of a restructuring process, before Ubisoft put all its eggs in the Assassin’s Creed basket – and failed to achieve the hoped-for results. More than ever, the question of the company’s future is being asked.
