Ubisoft unexpectedly delayed the release of its first-half fiscal year 2025-26 results on November 13, 2025, just minutes before a scheduled investor call. The company also requested Euronext to suspend trading of its shares and bonds starting November 14 until the results are published in the coming days. This rare move has sparked speculation about potential major announcements or financial issues.
Event Overview
On November 13, 2025, Ubisoft issued a press release announcing the postponement of its first-half fiscal year 2025-26 results, originally set to be released around 12:00 p.m. ET. The delay occurred just 15 minutes before an investor conference call was due to begin, led by CEO Yves Guillemot. The statement read: “Ubisoft announces the postponement of the release of its results for the first half of fiscal year 2025-26. Ubisoft has requested Euronext to halt trading of its shares (FR0000054470) and its bonds (FR001400DV38, FR001400MA32, and FR0014000O87) from the market opening on November 14, 2025, until the publication of its first-half 2025-26 results in the coming days. Ubisoft will inform the market of the date on which trading will restart.”
Internal Communication
CFO Frederick Duguet addressed staff via email, explaining the delay as necessary to “take extra time to finalize the closing of the semester.” He noted that due to legal regulations, no further details could be shared at the time. Duguet added that the trading suspension aimed to “limit unnecessary speculation and market volatility during this short delay,” and encouraged employees to listen to the upcoming conference call for more information.
Analyst Perspectives
Niko Partners research director Daniel Ahmad commented on X: “Unclear why at this point but could indicate a major announcement related to the company.” He suggested possibilities including an acquisition or an accounting/financial issue requiring additional time.
Company Context
This development comes amid challenges for Ubisoft, including a $1.25 billion investment from Tencent, recent game delays, voluntary layoffs at Swedish studios like Massive (behind The Division), and a stock price at its lowest in over a decade. The publisher has restructured with a new subsidiary, Vantage Studios, housing key franchises such as Assassin's Creed, Far Cry, and Rainbow Six Siege, potentially positioning assets for sale. No specific motives for the delay were confirmed, but it has fueled discussions about the future of Ubisoft's operations and potential acquisitions.