Industry
Ubisoft Faces Significant Revenue Drop Amid Transformation
Ubisoft reported a 54% year-on-year decline in net bookings. The gaming giant is undergoing one of its most ambitious transformations, as evidenced by recent staff reductions and studio closures.
theindiegames Editorial Team May 20, 2026 1 min read Updated May 20, 2026
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Ubisoft reported a 54% year-on-year decline in net bookings. The gaming giant is undergoing one of its most ambitious transformations, as evidenced by recent staff reductions and studio closures.
In a stark financial report, Ubisoft disclosed a 54% decrease in net bookings compared to the same period last year. In response, the company's CEO highlighted that this is part of an 'ambitious transformation' currently underway, which includes layoffs and the closure of certain studios.