Ubisoft delayed reporting its Q2 results after auditors found it improperly booked sales from a partnership as revenue, forcing it to restate its accounts
Ubisoft's first half financials for fiscal year 2026 are now available, following a delay of about a week. Craig Chapple / PocketGamer.biz : Tencent's €1.16bn Ubisoft investment on track to close in coming days as H1 bookings rise Leo Marchandon / Reuters : After a delay, Ubisoft reports Q2 net bookings up 39% YoY to €490.8M, above €450M est., and expects Q3 bookings of €305M; Ubisoft resumed trading on November 21 X: Stephen Totilo / @stephentotilo : Company says: Tencent deal is on track, Assassin's Creed franchise overperformed, Rainbow 6 suffered a cheating wave and that a mystery game is set for early 2026 (Black Flag remake?) But, hey, I'd gotten up to listen to a 3:30am ET earnings call just in case! Stephen Totilo / @stephentotilo : NEW: Ubisoft has not been sold, nor has it collapsed. The week-long delay in its corporate earnings, the subject of much speculation, was due to—are you sitting down?— financial reporting technicalities regarding two unspecified partnerships. https://www.gamefile.news/... Paul Tassi / @paultassi : You gotta be kidding me Bluesky: Shona Ghosh / @shona : Easy to say after the fact but there was clearly no way Ubisoft delayed its results because of M&A. The number of people involved in a deal would mean leaks. An accounting error is easier to contain to a small circle. www.bloomberg.com/news/article... @librariancapital : Ubisoft restates FY25 accounts, in violation of loan agreement, suspends trading — “Auditors found $UBI miscategorized sales from a partnership as revenue”; also stops some revenue in FY26Q2 deal from being recognised — Will repay $330m loan — UBI down 91% L5Y Forums: r/fuckubisoft : Now everything makes sense, they cooked the books and lied about their earnings. They're desperate. r/fuckubisoft : Ubisoft Says Assassins Creed Shadows Is Over Performing Sales Expectations As They Generated $567 Million This Quarter Up 39% Year On Year r/gaming : Ubisoft Results Delay Came After Sales Restatement, Loan Breach