Ubisoft First-Quarter 2021-22 Sales

Ubisoft’s first-quarter financial results for fiscal year 2021-22 demonstrate performance in line with internal expectations, characterized by a 3.8% increase in net bookings compared to the same period in 2019-20. While net bookings reached €326.0 million—slightly exceeding the company's target of €320.0 million—this figure represents a 20.5% decline compared to the first quarter of 2020-21. The company attributes its stability to a strong back-catalog, which saw double-digit growth, and a diversified portfolio that continues to drive recurring revenue.

The company’s strategic focus remains on expanding its audience reach through a combination of premium titles and free-to-play initiatives. Key upcoming releases include major franchise entries such as Far Cry 6 and Mario + Rabbids: Sparks of Hope, alongside new intellectual properties like Riders Republic and Skull & Bones. Furthermore, Ubisoft is aggressively expanding its free-to-play presence across console, PC, and mobile platforms with titles like Tom Clancy’s XDefiant and The Division Heartland. Geographic distribution of net bookings remains concentrated in North America (50%) and Europe (33%), with PC and PlayStation platforms serving as the primary drivers of engagement.

Looking ahead, Ubisoft has reaffirmed its full-year 2021-22 targets, projecting single-digit growth in net bookings and non-IFRS operating income between €420 million and €500 million. The company is also undergoing organizational restructuring to transition toward a global publishing model and has achieved notable milestones in corporate social responsibility, including high ESG ratings and a commitment to global carbon neutrality. Recent regulatory approvals for three titles in China further underscore the company's efforts to broaden its international market footprint.