Ubisoft has published the H1 FY26 report that was delayed a few days back, revealing that the company is in a pretty good place after ‘better than expected’ results over the last few months. In the data, growth was recorded year-over-year in every category, from ‘player investment’ to back catalog sales.
The results detailed an exceeding of expectations, which isn’t what critics were holding out for following the recent closing down of trading around the time that the financial update was postponed.
Ubisoft is Actually Doing Really Well
The financial report was pretty glowing for Ubisoft, and it was laced with positivity.
Year-over-year, Ubisoft’s net bookings in H1 FY increased 20%, soaring to €772 million. Digital revenues made up a huge chunk of that, with the vertical also seeing a +30% increase. The shining gem was ‘player recurring investment’, which soared by +52% in H1 FY26.
In a statement, Ubisoft confirmed:
Outperformance driven by stronger-than-expected partnerships, demonstrating the power and attractiveness of the Group’s portfolio as well as meaningful contribution from live TV and animated series.
Excluding partnerships, back-catalog was robust and in line with expectations, but marked by contrasted dynamics.
It was noted that Assassin’s Creed ‘overperformed’ this year, confirming ‘positive momentum’. This was likely because Assassin’s Creed Shadows was one of the best AC games the company had produced in a good few years, not counting Assassin’s Creed: Mirage.
Ubisoft also maintained 34 million Monthly Active Users across the portfolio, and in H1, 88 million Unique Active Users were logged.
There were nice things to be said about Tencent’s recent investment in Vantage Studios, and it was noted that ‘all conditions precedent have been satisfied’, which means nothing is stopping the closure of that deal ‘in the coming days.’
Is this level of positivity what you expected from Ubisoft’s financial update? Let us know what you’re thinking on the Insider Gaming Discord server.
For more Insider Gaming coverage, check out the news that the Black Flag Remake will launch before March 31
Grant has been gaming for 30+ years and in the industry for 10+. You'll probably find him playing a post-apocalyptic game or an extraction shooter somewhere.
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