Ubisoft presented stable third-quarter 2025 results, with revenues of 318 million euros. However, this apparent calm does not hide the deep crisis that the French company is going through, marked by a continuous stock market decline, layoffs, and studio closures, which leaves its strategic future in question.
The strategic and technical crisis after the cuts ⚠️
Technical problems and project management have been constant. Disappointing launches like Star Wars Outlaws and the quick failure of XDefiant reflect difficulties in development and in hitting the market. The 500 million euro cuts announced until 2027, with the closure of studios in San Francisco, Osaka, and Halifax, further compromise the company's technical capacity and creative diversity in the medium term.
Guillemot finds a shiny euro under the sofa 💰
With the stock worth just over 4 euros, 2018 shareholders must view the current solid figures with some nostalgia. Massive cuts and failed launches seem to be the new strategy to exceed expectations, which are now notably low. The plan seems to be: sell the chairs, then the tables, and announce a profit from the sale of the furniture.