Ubisoft Delays Earnings Report, Causing Speculation That Something Big And/Or Bad Is About To Happen

The move has further prompted speculation that the publisher may finally be nearing an acquisition of some kind. To put it bluntly, Ubisoft has not been doing well as of late. On top of numerous controversies at the company, including three of its former executives being found guilty of sexual assault and psychological harassment, and other cases of widespread employee abuse, the company’s poor sales performance has fueled rumors that it’s going to get bought by a big investor like Tencent.

Before pausing trading of its shares, its stock was at its lowest point in years following struggles to put out games that moved the needle. Releases like Star Wars Outlaws, Skull and Bones, and XDefiant undershot the publisher’s expectations. On top of this, much like the rest of the industry, the company has been announcing layoff after layoff, with more headlines about canceled games than newly announced ones.

In 2024, Bloomberg reported that the Gullemot family, which owns the company, was considering a buyout from Tencent. Then in 2025, Ubisoft spun off a subsidiary devoted to its most valuable game series—Assassin’s Creed, Far Cry, and Rainbow Six—called Vantage Studios. Tencent was its biggest investor. In August, Ubisoft sold rights to some of its titles to Atari, including Child of Eden and Cold Fear.

Basically, the writing has been on the wall for a while now that some big change is imminent, which is why the delayed earnings report has taken on such perceived significance. Or maybe the delay is simply due to an exceedingly poorly timed accounting error; who knows? Regardless, we should learn more about the publisher’s fate in the coming days.