Ubisoft reports third-quarter 2025-26 sales

Core Insights - Ubisoft reported a solid third-quarter performance for fiscal 2025-26, with net bookings growing at a double-digit rate year-on-year, exceeding expectations, driven by strong franchise performance and partnerships [6][7]. Financial Performance - Net bookings for the first nine months of fiscal 2025-26 reached €1.1 billion, an increase of 18% year-on-year, primarily driven by the success of franchises like Assassin's Creed, The Division, Anno, and Avatar [2][29]. - Q3 net bookings totaled €338 million, up 12% year-on-year, outperforming guidance due to strong partnerships and the Assassin's Creed franchise [3][11]. - Digital net bookings for the first nine months were €941.7 million, up 20.1% year-on-year, representing 84.8% of total net bookings [3][29]. User Engagement - The company reported around 130 million active users across Console and PC, with December monthly active users (MAUs) at 38 million, reflecting a 3% increase year-on-year [4][11]. - The Assassin's Creed brand saw session days increase by 28% year-on-year, indicating strong player engagement [15]. Group Transformation - Ubisoft is progressing on its transformation strategy, which includes the establishment of five Creative Houses aimed at increasing focus and specialization within the organization [21]. - The company is also exploring options to extend its debt maturity while maintaining sufficient liquidity to address near-term obligations [5][10]. Upcoming Releases - The Q4 lineup includes the anticipated launch of Rainbow Six Mobile on February 23, 2026, which has already garnered over 18 million pre-registrations [17][30]. - The Division Resurgence is also set to release in Q4 FY2025-26, coinciding with the franchise's 10th anniversary celebrations [20]. Recent Developments - Ubisoft completed a strategic investment from Tencent, securing €1.16 billion, which will enhance the company's financial flexibility and support its transformation efforts [22]. - The company has also announced the acquisition of March of Giants, entering the MOBA genre, which aligns with its Games as a Service (GaaS) strategy [24].