Today Ubisoft released their 2025 annual report. Whenever a studio completes a game the way they account for it is by moving all costs associated it from a work in progress account to a released software account. You can see the amounts match here.

The French financial year runs from 1 April to 31 March. This means any games completed in that period would have all of their development costs moved to the released software account. If you look at what Ubisoft released between those dates it consists of XDefiant (F2P shooter which has since shut down), Just Dance 2025, Star Wars Outlaws, Assassin's Creed Shadows and a couple of smaller games.

Considering Outlaws and Assassin's Creed Shadows are long term projects I think it's fair to associate the majority of costs with those two games. This means between the two, 960 million euros or 1.12 billion US dollars was spent on development. So it looks like people estimating the costs of either project at 300-400 million USD weren't too far off the mark.

>>713083783 (OP)
Get a hobby

>>713083847
Look who's talking.

>>713083783 (OP)
>anon unironically looks at shareholders' revenue all day
video games

>>713083847
I enjoy accounting. Seeing as these are probably two of the most expensive games ever made it's interesting to me

>they are mad
Lmao

Not words can describe how much I don't care

>>713084069
You're obsessed

>>713084096
I thought /v/ delighted at seeing ubisoft lose money

>>7130838
>>713084096
>>713084139
>>713083973
Ubi faggots

>>713084139
When a games cost that amount of money to develop then yeah I find it hard to look away. I want to see if they turn a profit

So what's next? More layoffs?

Do you have the PL statement as well?

>>713084435
yeah but just bear in mind that AC Shadows launched 20 march which is just 11 days before financial year end so a lot of the revenue for it won't be there until next quarter

The R&D cost will keep getting higher each year because they keep dumping all their amortisation of these released games there over a number of years

>>713084429
They've already started a second round and cancelled some projects. Splinter Cell Remake, Division 3 and next Ass Creed game appear to still be in development

>>713083783 (OP)
>>713084691
KEK, they're fucked.

>>713083847
>>713083973
>>713084096
>>713084139
H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A H A

Reposting a classic.

Also an employee headcount and the government grants / tax credits they receive

>>713083783 (OP)
interesting post, thanks for poitning this out to us

>>713084691
I never really learned much about how stuff works at vidya companies.
What exactly counts as R&D costs for them and why aren't those activated on their " released commercial software" account?

This has gotta become a case study on mismanagement, surely? This is beyond absurd

>>713083783 (OP)
Hope catering to the mods was worth it ubishit

>>713085402
>not just France
>but also Canada, Singapore, United Kingdom, and other unknown countries that fund Ubisoft with taxpayer money
>no China mentioned
Flush this entire company into a toilet.

>>713083847
Get out of my hobby.

Can Ubisoft please go under, get sold out or just die
Its really tiresome at this point, even shitting of them is getting old

>>713085402
Could you post a link to this one in particular?

>>713085953
they just got "bailed out" by the chinese
things will be a bit different from now on

>>713085790
What they do is put in a work in progress account first which will be on their balance sheet, then when they're done they'll move it to a released commercial software account which is also on the balance sheet.

Following that the software is "amortised" over time. Think of it like depreciation as an asset is used over time and starts to wear out. The amortised amounts are sent from the released commercial software account to R&D expenses on the profit and loss. So if Ubisoft spent a lot of money developing games it slowly seeps onto the profit and loss and can cause some gigantic losses like in 2023 where they recorded a 495 million euro loss.

>>713086136
>things will be a bit different from now on
Have they fired all the leafs? No?
Then I dont see what can change

>>713086098
https://staticctf.ubisoft.com/8aefmxkxpxwl/2jOPqNEzotGX0odqDUt5jr/57f0ba952c3be14b38ba97a02b17c119/Ent_AGM_2025.07.10_URD_GB_Interactif_def.pdf

Page 236

break it down for us, how much money did they make from these two >>713086456

>>713085953
>even shitting of them is getting old
I disagree, it's still entertaining to me.

>>713086220
Ah ok, got it. Thanks for the explanation, m8.

anon desperately samefagging hoping the thread would pickup but nobody cares, lmao

here is a pity bump

>>713084148
this is just a dressed up steam charts thread.

>>713086630
He already answered that he can't because ACS release very close to the cutoff date for a fiscal year.

>>713086991
>"s-s-steam charts d-dont m-m-m-mean anything because they don't s-s-show the w-w-while story!"
>post actual, factual statements where they (almost) can't lie about stuff like their "3 MILLION!......... players"
>"i-i-its j-just a dddddisgui-disgui-dddddisguised s-s-steamchart thuh-thuhuh-thuhuuuh-thuhuh-thread!"
Go be a ubishit employee somewhere else, faggot.

>>713084429
XDefiant 2!!!

>>713086901
I think you're right, ubislop is in such a pathetic state that actually no one cares, including me

>>713087249
im not reading all that.
im happy for u tho,
or sorry that happened

>>713087640
Yes you did, faggot.

>>713086991
If you see it that way. That would be some kind of revenue approximation. We have concrete monetary figures here at least.

But I still find it interesting they spent almost a billion US dollars on two games. They'd make it into the top 10 most expensive video games of all time.

>>713083783 (OP)
Sounds about right, fuck Ubisoft for driving the TC franchise into the ground with their bullshit.

Only thing I appreciate Ubisoft for is being a big containment zone for lots of talentless westoid devs. Once they go under, I don't want to imagine the flood of those hacks getting into other companies and dragging them down.

>>713088052
But the niggas who broke from ubisoft made expedition 33 when they broke free from the loony troons

>>713083783 (OP)
Exceedingly based post

>>713088953
Exactly. The people with actual talent will choose to strike out instead of languishing in corporate daycare.

>>713086220
dumb question but why isn't it COGS?

>>713083783 (OP)
The shills told me to touch grass when I speculated this game could cost close to a billion
Whose laughing now

>>713083783 (OP)
>$400m each for TWO massive failures
lmfao

>>713091350
Still them because OP quite literally told you the billion dollars came from multiple games, two of them being the major contributors, not from just one game.

>>713091764
Cope, I estimated $700 for shadows, there’s no reason to think the $1.12B USD is evenly split between the two
Shadows is still one of the biggest flops of all time
HAHAHAHA

did ubi ever talk about uplay+ subscriber numbers? i know that xbox is making roughly 6bn annually from 35mil subscribers which is why they don't really care about a game selling 5 million units or 1 million as long as subscribers keep paying.

>>713083783 (OP)
The cost Is bigger, something has to maintain jannies and devs while no game Is on launch

>>713092224
>Cope
Nigger, you're fucking retarded and literally obsessed. You see enemies where there aren't any.

>>713083783 (OP)
Good analysis, anon. I think it's important to remember that the 'Commercial software products in development' line is a black box, not unlike 'R&D' being listed on these statements. It could very easily be a dumping ground for things like projects in prototype/pre-dev states, too.

I think the range is probably more accurately $250 - $400m, probably with Outlaws costing more because Disney is notoriously expensive with licensing fees for their biggest properties.

>>713092997
>Uplay
Whatever the numbers are, they aren't great because Ubi released ACS day and date on Steam, and maybe SW Outlaws, too. Point being, Uplay isn't big enough to warrant special advanced access as a way to drive people to use it, which also implies it isn't large enough to make delaying the launch on Steam worthwhile.

>>713083783 (OP)

>>713086991
Steam charts is videogames.

>>713094580
Anyone whining about Steam Charts is either a shill or a retard (not that there's much difference between them).

>>713085896
I know Singapore had a deal with them for Skull and Bones, that they get massive goberment money but the game has to be developed completely in Singapore by a new team so Ubisoft couldn't just pull the plug when they realised that it's not gonna work and had to release it eventually.

>>713084691
Am I reading this right? They lost 158.7 million in this quarter?

>>713095518
>loss
Yes
>in this quarter
I think it was for the whole year

Just look at their stock price. Does that look like a profitable company over the last 1-2 years?

>>713096508
To be exact, they stopped giving dividends to their shareholders since 2023.
The only people who still own ubi stocks are either bag holders or zealots.

>>713094683
They were getting grants and tax subsidies, so the development was allegedly close to 'at cost.'

The other rumor was Ubi's execs just used it as an excuse to take vacations to Singapore on the tax payer's dime.

>>713098330
I wonder if French 401ks are tied up in it, or whatever the frog equivalent is. And the Guillemots own the majority of the stock to make sure they can't be hostile-taken over anyway.