Updated Mar 23, 2026 by Ubisoft
Ubisoft is restructuring into five genre-focused 'Creative Houses' to accelerate decision-making and specialize in Open World Adventures and GaaS-native experiences.
The company is discontinuing six titles and extending development timelines for seven others to meet new quality thresholds, resulting in a projected €330 million reduction in FY26 net bookings.
Financial projections for FY26 include negative non-IFRS EBIT, free cash flow between –€400 million and –€500 million, and a net debt increase to €150–250 million.
Fixed-cost reduction targets aim to bring total costs to approximately €1.25 billion by March 2028, with an additional €200 million in cuts planned over the next two years.
The organizational reset includes the integration of generative AI initiatives and a strategic resource reallocation toward high-potential IPs such as 'March of Giants.'
Since FY22, Ubisoft has targeted €500 million in total fixed-cost savings, with an accelerated €100 million reduction scheduled for completion by March 2026.
Ubisoft is restructuring into five genre-focused 'Creative Houses' to accelerate decision-making and specialize in Open World Adventures and GaaS-native experiences.
The company is discontinuing six titles and extending development timelines for seven others to meet new quality thresholds, resulting in a projected €330 million reduction in FY26 net bookings.
Financial projections for FY26 include negative non-IFRS EBIT, free cash flow between –€400 million and –€500 million, and a net debt increase to €150–250 million.
Fixed-cost reduction targets aim to bring total costs to approximately €1.25 billion by March 2028, with an additional €200 million in cuts planned over the next two years.
The organizational reset includes the integration of generative AI initiatives and a strategic resource reallocation toward high-potential IPs such as 'March of Giants.'
Since FY22, Ubisoft has targeted €500 million in total fixed-cost savings, with an accelerated €100 million reduction scheduled for completion by March 2026.