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Ubisoft Halts Share Trading as Earnings Report Delay Sparks Concern

November 14, 2025  ·
  Trevor Denning
Yasuke black samurai in Assassin's Creed Shadows

A screenshot from Assassin's Creed Shadows (2024), Ubisoft

Ubisoft, the French video game company behind Assassin’s Creed, Far Cry, and others, abruptly requested a halt on trading company shares and postponed delivering their financial earnings report for the first half of its 2025-26 fiscal year. No reason was given, though observers agree this is probably a bad sign.

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In an internal memo, Chief Financial Officer Frédérick Duguet told employees the halt on trading is intended “to limit unnecessary speculation and market volatility during this short delay.” The freeze on trading will remain in place until the fiscal year results are made public, with no indication of when that will be.

Yves Guillemot

Yves Guillemot via Ubisoft North America YouTube

Ubisoft has declined to talk to press since the announcement, and the longer the delay the more speculation will grow. This comes after a long year of restructuring, power struggles, and underperforming games. Reuters notes that “Ubisoft’s Paris-listed shares have fallen 49% year-to-date.”

Corporate Shakeup

Last October, Ubisoft partnered with the Chinese company Tencent to create Vantage Studios, a “creative house” that would handle development of Ubisoft’s major franchises. Tencent invested €1.16 billion into the new subsidiary, providing the studio with much-needed capital, while also raising questions about leadership and corporate direction.

In a press release, Ubisoft said, “The goal of Vantage Studios, and future creative houses, is to facilitate stronger and deeper connections between developers and players.”

Kay Vess in Star Wars Outlaws

A screenshot of Star Wars Outlaws (2024), Ubisoft

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Andy Chalk at PC Gamer said at the time, “There aren’t any details on how all of this reorganizing will actually work, but I’d be lying if I said it didn’t strike me as a little bit like the ol’ deck chairs on the Titanic thing.” He went on to note that Ubisoft had recently struggled with reports of workplace misconduct, delayed games, and mistakes that forced the company to issue refunds to players.

Recent releases from Ubisoft, like Star Wars Outlaws and the long-delayed Assassin’s Creed Shadows, have been far from successful. While this latest news from Ubisoft won’t have an immediate effect on gamers, it signals further major behind-the-scenes drama. For a company that has recently struggled finding favor with its customers, added financial turmoil will not endear it to its investors.

The Waiting Game

All we can know for certain is that something is happening at Ubisoft, and that their latest decision to leave investors in the dark can only increase the sense of unrest.

The future of some of the biggest franchises in gaming hangs in the balance. But for the time being, interested parties are left playing a different sort of game: the waiting game.

When do you think Ubisoft will release its earnings report? Let us know in the comments!

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Author: Trevor Denning
Trevor Denning’s work has appeared in The Banner, Upstream Reviews, and The Daily Caller, while his fiction is included in several anthologies from independent presses. A graduate of Cornerstone University in Grand Rapids, Mich., he currently resides in the palm of Michigan’s mitten. Most days you’ll find him at home, working out in his basement gym, cooking, and doting on his cat. You can follow him on X, Criticless, and YouTube at @BookstorThor
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Razrback16

Hopefully going out of business entirely. Need to fire all the woke employees at that company which is about 95% of it.

James Eadon

The Chinese have been firing the woke Westerners for some time, now.

Vallor

HAHAHAHA… /deep breath HAHAHAHAHA.

No one would could have predicted this…

James Eadon

Go woke, go… what is the word? 💥

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