Ubisoft Announces Significant Decline in 2024/25 Revenue and Bookings

Okay, so picture this. Ubisoft — you know, the guys behind those games everyone talks about — they’ve been having a bit of a rough ride this year. Their financial year wrapped up in March 2025, and it wasn’t all sunshine and rainbows. They pulled in about €1.9 billion. Which, in normal people terms, is like $2.1 billion. Sounds like a lot, right? But it’s down 17.5% from last year. Ouch. And the net bookings, well, those took a nosedive too, down 20.5% to €1.84 billion. That’s another $2 billion-ish, if you’re keeping track.

Now, I know numbers can be dry as toast, but stick with me. The stuff they call “back catalogue net bookings” — basically their older games people are still buying — dropped by 13.5%. A drop to €1.3 billion, or about $1.45 billion.

Oh, and here comes Yves Guillemot, the big boss at Ubisoft. He’s like, “Hey, it wasn’t all bad!” Which, okay, maybe he has to say. He mentioned some kind of cash flow thing that turned out okay. Something about discipline. Yeah, right. But sure, positive notes and all that jazz.

Then Yves starts talking about challenges, which—let’s be honest—feels a bit like stating the obvious, given the numbers. But he’s got plans! Assassin’s Creed Shadows hit the shelves, and apparently, everyone and their cat loved it. So that’s good. Feels reaffirming or something for their brand. Fanbase was over the moon it seems, new and old alike.

And it looks like they’re all about tightening the purse strings further. There’s talk of a cost-saving program, and they’ve saved some cash earlier than expected. But don’t worry, they aren’t stopping there — Yves promises an extra €100 million in savings over the next two years. Structural efficiencies and all that CEO-speak. Whatever that means, right?

Anyway, that’s the scoop from Ubisoft. Tough year, some silver linings, and a boatload of corporate-speak about saving money. But hey, they’re still kicking!