Vivendi (VIV) Q3 2026 TU earnings summary

Executive summary

• Q3 2026 revenue was €77 million, up 13.8% reported and 5.0% at constant currency and perimeter YoY; 9M revenue was €217 million, up 2.1% reported and down 2.6% on the same basis.

• Q3 growth was driven by Gameloft, while financial net debt declined following a €250 million partial repayment of the Lagardère loan.

Financial highlights

• 9M revenue totaled €217 million versus €213 million in 2025; Gameloft contributed €204 million and Other €13 million, including V Collection from Q2 2026.

• Q3 revenue totaled €77 million versus €68 million; Gameloft contributed €72 million and Other €5 million, including V Collection from Q2 2026.

• 9M Gameloft revenue declined 2.9% reported and 2.2% at constant currency and perimeter; Q3 revenue grew 6.4% reported and 6.1% on that basis.

Outlook and guidance

• Q4, traditionally the most important quarter, is expected to benefit from momentum and Bluey's Happy Snaps, released October 15, followed by The Keepsake Sea, a Disney Dreamlight Valley expansion launching in November 2026.