Ubisoft, one of the industry’s largest third-party publishers, has officially reported its fiscal 2020-21 third-quarter financial results, marking the "strongest quarter" in the company’s history.
This unprecedented achievement reflects not only Ubisoft’s enduring development strengths but also underscores the pivotal role of the Nintendo Switch platform and the company's diverse back-catalog in accelerating growth. The French publisher attributes its record-breaking quarter to a combination of newly launched titles and the sustained performance of its existing game catalog, especially on the Nintendo Switch.
Ubisoft titles like "Mario + Rabbids: Kingdom Battle" and the popular "Just Dance" series continue to deliver robust sales and profitability on Nintendo’s hybrid console, demonstrating the strong synergy between third-party content and the Switch’s versatile appeal. "Our strategy is clearly proving successful.
We’ve just delivered the best quarterly results in Ubisoft’s history, fueled by both the quality of our new game releases and the strength of our extensive game catalog," stated Ubisoft co-founder and CEO Yves Guillemot.
He commended Ubisoft’s development teams for maintaining high standards despite widespread industry challenges, highlighting their ability to launch four major titles across multiple platforms while actively expanding live service offerings. Guillemot further emphasized, "Our internal IP-driven model ensures we have one of the broadest portfolios in the industry, supporting continued growth in both recurring revenues and shareholder value." He pointed out that the company’s back-catalog is expected to contribute an even greater share of business going forward, as player engagement across established franchises remains high. Chief Financial Officer Frederick Duguet echoed the sentiment, detailing that the quarter saw significant achievements from games like "Just Dance 2021", as well as critical acclaim and commercial success for "Immortals Fenyx Rising" and "Assassin’s Creed Valhalla." Duguet noted that "Assassin’s Creed Valhalla" achieved all-time record sales, while "Watch Dogs: Legion" was among the top-selling titles on next-generation consoles. Beyond new releases, Ubisoft’s strong catalog showed remarkable resilience.
Duguet cited robust momentum for the "Assassin’s Creed" series, strong year-over-year growth in the "Far Cry" franchise, and increased engagement and revenues from "The Crew" series, along with sustained interest in Ubisoft’s free-to-play title "Brawlhalla." The Nintendo Switch platform continues to be a key component of Ubisoft’s strategy as a leading third-party publisher, with Duguet highlighting the company’s "ever-increasing visibility and consistent profitability" thanks to standout performances from "Just Dance" and "Mario + Rabbids: Kingdom Battle." Overall, Ubisoft’s record-setting third quarter underlines the publisher’s strength in delivering quality content across a variety of platforms, with the Nintendo Switch serving as a powerful engine for ongoing financial success.
With an extensive, diverse library and a focus on internally-owned IP, Ubisoft is strategically placed to maintain its growth trajectory amid evolving industry trends.
This unprecedented achievement reflects not only Ubisoft’s enduring development strengths but also underscores the pivotal role of the Nintendo Switch platform and the company's diverse back-catalog in accelerating growth. The French publisher attributes its record-breaking quarter to a combination of newly launched titles and the sustained performance of its existing game catalog, especially on the Nintendo Switch.
Ubisoft titles like "Mario + Rabbids: Kingdom Battle" and the popular "Just Dance" series continue to deliver robust sales and profitability on Nintendo’s hybrid console, demonstrating the strong synergy between third-party content and the Switch’s versatile appeal. "Our strategy is clearly proving successful.
We’ve just delivered the best quarterly results in Ubisoft’s history, fueled by both the quality of our new game releases and the strength of our extensive game catalog," stated Ubisoft co-founder and CEO Yves Guillemot.
He commended Ubisoft’s development teams for maintaining high standards despite widespread industry challenges, highlighting their ability to launch four major titles across multiple platforms while actively expanding live service offerings. Guillemot further emphasized, "Our internal IP-driven model ensures we have one of the broadest portfolios in the industry, supporting continued growth in both recurring revenues and shareholder value." He pointed out that the company’s back-catalog is expected to contribute an even greater share of business going forward, as player engagement across established franchises remains high. Chief Financial Officer Frederick Duguet echoed the sentiment, detailing that the quarter saw significant achievements from games like "Just Dance 2021", as well as critical acclaim and commercial success for "Immortals Fenyx Rising" and "Assassin’s Creed Valhalla." Duguet noted that "Assassin’s Creed Valhalla" achieved all-time record sales, while "Watch Dogs: Legion" was among the top-selling titles on next-generation consoles. Beyond new releases, Ubisoft’s strong catalog showed remarkable resilience.
Duguet cited robust momentum for the "Assassin’s Creed" series, strong year-over-year growth in the "Far Cry" franchise, and increased engagement and revenues from "The Crew" series, along with sustained interest in Ubisoft’s free-to-play title "Brawlhalla." The Nintendo Switch platform continues to be a key component of Ubisoft’s strategy as a leading third-party publisher, with Duguet highlighting the company’s "ever-increasing visibility and consistent profitability" thanks to standout performances from "Just Dance" and "Mario + Rabbids: Kingdom Battle." Overall, Ubisoft’s record-setting third quarter underlines the publisher’s strength in delivering quality content across a variety of platforms, with the Nintendo Switch serving as a powerful engine for ongoing financial success.
With an extensive, diverse library and a focus on internally-owned IP, Ubisoft is strategically placed to maintain its growth trajectory amid evolving industry trends.
