Ubisoft says Assassin’s Creed helped push net bookings up 18% through December 2025

Ubisoft’s latest financial report says the company’s net bookings climbed 18% year-over-year to €1.1 billion for the nine months ending December 31, 2025, with Assassin’s Creed called out as the main driver. Revenue for the same period dipped slightly to €976.2 million, down 1.4%.

Ubisoft Stock is down a whopping 94% over the last 5 years

For the most recent quarter (three months ending December 31, 2025), Ubisoft reported €338 million in net bookings, up 12% year-over-year, and said it beat its own revised guidance of €330 million. The company credited Assassin’s Creed again, along with growth from partnerships.

Ubisoft also pointed to stronger back-catalogue performance, with back-catalogue net bookings up 36.2% year-over-year to €1.03 billion over the nine-month period. In Q3 specifically, back-catalogue sales were up 11% to €297 million, with Avatar and The Division mentioned alongside Assassin’s Creed.

On the player activity side, Ubisoft said Rainbow Six Siege monthly active users were up year-over-year, and daily active users in early January were double what they were in early November. Avatar: Frontiers of Pandora also saw a bump after its From The Ashes expansion, with Ubisoft saying “session days” nearly doubled year-over-year.

Elsewhere in company news, Ubisoft said it completed Tencent’s €1.16 billion investment in Vantage Studios during the quarter, the subsidiary overseeing Assassin’s Creed, Far Cry, and Rainbow Six.

The publisher is also still in the middle of restructuring. Ubisoft confirmed it has begun a consultation process to cut 200 roles from its Paris head office via voluntary redundancies, and the broader changes have sparked labor action.