Ubisoft reported its Q4 2026 and full fiscal year (FY2025-26) results yesterday, reflecting a major company-wide reset: net bookings were down 17% year-on-year to €1.525 billion as the publisher narrowed its portfolio, cut costs, and prepared for a much lighter FY2026-27 release slate. The company also confirmed that its free cash flow outlook remains weak in the near term, with FY2026-27 expected to be a low point before a rebound later in the cycle. The company also reported an IFRS operating loss of €1.3 billion for the year, which Chief Financial Officer Frederic ⁠Duguet said on the earnings call was […]

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