Ubisoft has outlined its future slate of releases in its latest earnings report, confirming the next Assassin’s Creed will launch before the end of its 2028-2029 financial year. That’s in addition to new Ghost Recon and Far Cry games.
As part of its full 2025-2026 financial year (FY) earnings report, Ubisoft said it was anticipating a “significantly stronger and diversified content pipeline” over the course of FY2027-28 and FY2028-29, pointing to a number of releases across its major brands – specifically the three outlined above. For context, the company’s financial year runs from 1st April to 31st March, meaning the new games are expected to release no later than 31st March 2029.
Taking each in turn, Ubisoft’s new Assassin’s Creed is likely (although perhaps not definitely) the game currently known as Codename Hexe, rumoured to arrive next year. Believed to focus on 16th century Europe – and, presumably, the witch trials of the time – it was originally announced in 2022, as part of a big Assassin’s Creed news blowout that also teased the now-released Codename Red, better known as Assassin’s Creed Shadows. Hexe, of course, has had a bit of a bumpy ride so far, having now lost two directors on its road to release.
A new Ghost Recon game, meanwhile, was hinted at by Ubisoft CEO Yves Guillemot during a call with investors in 2025. And that new Far Cry instalment? We haven’t seen the series since Far Cry 6 released in 2021, but earlier this year Ubisoft confirmed it had two “very promising” Far Cry games in the works. Prior to that, reports suggested the next mainline Far Cry entry, codenamed Project Blackbird, would feature a “non-linear” story focused on the kidnapping of its protagonist’s family, playing out across 72 in-game hours – equating to 24 hours in real-time. It was also claimed the second Far Cry project was a multiplayer title, but it’s unclear which might show up first.
In the more immediate term, Ubisoft will be hoping the long-rumoured but only recently unveiled Assassin’s Creed Black Flag Resynced helps bolster its fortunes across the current financial year. However, it’s now warned investors it expects FY2026-2027 to be a “low point in [its] free cash flow trajectory” due to a “softer release slate” and costs associated with restructuring as it works toward a “much stronger and sustained content cycle”.
Ubisoft, of course, announced a significant restructuring programme earlier this year, in a move that saw the publisher close studios, order staff back to the office, and kill multiple in-development projects, including its long-delayed Prince of Persia: The Sands of Time remake.
Elsewhere in today’s financial report, Ubisoft said it was “accelerating” investment behind its “first playable generative AI experience” Teammates. Announced back in 2025, Teammates was initially described as an AI “experiment” built around the mechanics of a first-person shooter. It casts players as members of a resistance in a dystopian future, and supposedly features “dynamic and responsive” squad mates that players can chat with, all powered by generative AI.
Additionally, the company says its teams are “making tangible progress organically on AI applications that can help manage the growing complexity of modern game development pipelines”, including “intelligent bots supporting our QC teams, to smarter NPCs and game worlds that can adapt to player behavior and react more dynamically in real time.”
