In the quiet accounting that follows a company's year, Embracer Group has affirmed that Tomb Raider: Legacy of Atlantis, a fresh telling of Lara Croft's first journey that first appeared in 1996, still stands on the calendar for the second half of 2026, the thirtieth year of the franchise. The reassurance arrived in the same breath as a larger reshaping, the planned separation of Fellowship Entertainment into its own listed company, gathering Tomb Raider with Kingdom Come: Deliverance and Metro. A window has been promised but no particular day, and the tension of whether such promises will hol
Tomb Raider: Legacy of Atlantis Still Due Later This Year, Embracer Confirms in Earnings Release
That is a window, not a date.
Mark
So the headline is that Tomb Raider: Legacy of Atlantis isn't delayed. Is that actually what Embracer said?
Mimi
Close. They said it's expected in the second half of 2026, alongside Metro 2039. It's a reaffirmation of the window, tucked into an earnings release.
Luke
Worth being careful there. The release doesn't mention the delay rumours at all, and "second half" is a wide window. It's reassuring, but it isn't a date.
Mark
Why would a financial release be where this comes out?
Mimi
Because Embracer is also announcing it will spin off Fellowship Entertainment as a separate listed company. Tomb Raider, Kingdom Come: Deliverance and Metro would sit there.
Mark
What's the pitch for that?
Mimi
Focus. Ship standout games, and build a licensing and IP management business to bring in more recurring, higher-margin revenue. Embracer stays on as a leaner company with tighter cost control.
Luke
Keep in mind that's Embracer describing its own plan. The claim of at least two major releases a year from FY 2027/28 is a forecast, not something that has happened.
Mark
And the other games mentioned?
Mimi
Warhorse Studios confirmed a new Kingdom Come adventure and an open-world Middle Earth role-playing game.
Luke
No timing on either, as far as this reporting goes. So those are confirmations of existence, not of delivery.
Der Puls
- Weeks of online rumours hinted that Lara Croft's return might slip into next year, and fans were left waiting for certainty.
- Embracer's earnings release answered with a window, not a date: second half of 2026, with no specific day named and the rumours left unaddressed.
- A bigger upheaval arrived alongside it, as Embracer plans to spin off Fellowship Entertainment as a separate listed company holding its flagship franchises.
- Fellowship has promised at least two major releases a year with full economics from fiscal 2027/28, a bold pipeline that investors will scrutinise closely.
- The next signal to watch is a firm release date for Legacy of Atlantis, the first hard proof that the window will become a launch.
In the quiet accounting that follows a company's year, Embracer Group has affirmed that Tomb Raider: Legacy of Atlantis, a fresh telling of Lara Croft's first journey that first appeared in 1996, still stands on the calendar for the second half of 2026, the thirtieth year of the franchise. The reassurance arrived in the same breath as a larger reshaping, the planned separation of Fellowship Entertainment into its own listed company, gathering Tomb Raider with Kingdom Come: Deliverance and Metro. A window has been promised but no particular day, and the tension of whether such promises will hold rests with the year ahead.
Embracer Group, parent of Crystal Dynamics, has moved to calm weeks of online speculation. In its January-to-March results release, the company stated that Tomb Raider: Legacy of Atlantis remains on schedule for this year. The game reimagines Lara Croft's first adventure and was aimed at the franchise's 30th anniversary, so rumours that it would slide into next year had gained traction.
The document confirmed only a window, the second half of 2026, shared with Metro 2039. No release day was offered, and the rumours were not addressed directly.
The same release carried a larger change. Embracer plans to spin off Fellowship Entertainment as a new listed company, concentrating its most prominent properties, including Tomb Raider, Kingdom Come: Deliverance and Metro. The strategy centers on shipping standout games and building a licensing engine that extends those worlds, aiming for steadier, higher-margin income. Fellowship has pledged at least two major releases a year from fiscal 2027/28. Embracer will remain as a leaner parent company.
Fans are left waiting for a firm date. Investors are left asking whether Fellowship can keep its promise of two major releases a year once the new fiscal year begins.
Embracer Group, the parent company of Crystal Dynamics, has put a line in writing that quiets weeks of online speculation: Tomb Raider: Legacy of Atlantis is still on schedule for this year. The statement came in a release covering the company's January-to-March results alongside its end-of-year financial figures.
Legacy of Atlantis is a reimagining of Lara Croft's first adventure, which originally appeared in 1996. It has been slated for 2026 to coincide with the 30th anniversary of the franchise. Rumours had been circulating online that the game might slip past that window and into next year, and the earnings release was the first formal word from the parent company on the subject since those rumours spread.
The relevant passage reads that the year is anchored by Metro 2039 and Tomb Raider: Legacy of Atlantis, both expected in the second half of the year. That is a window, not a date. No specific release day was given, and the release does not address the rumours directly.
The same document carried a larger piece of corporate news. Embracer confirmed plans to spin off Fellowship Entertainment as a new publicly listed company. Fellowship will concentrate on Embracer's most high-profile properties, among them Tomb Raider, Kingdom Come: Deliverance and Metro.
Embracer described the strategy in its own words: shipping standout games and building an intellectual-property management and licensing engine that extends those worlds through partnerships and adjacent categories, with the aim of more recurring, higher-margin revenue. It also set out a financial expectation, saying Fellowship will have at least two major game releases per year with full economics, starting in the 2027/28 fiscal year, a pipeline it said would drive growth and profitability.
Embracer itself will continue to exist after the split. The company said it will become a leaner home for proven entrepreneurs, supported by a more efficient structure, tighter cost control and disciplined capital allocation.
The release also touched on other projects. Warhorse Studios, which Embracer owns, confirmed that a new Kingdom Come adventure is in development, as is an open-world Middle Earth role-playing game. No dates were attached to either in the material reported.
For Tomb Raider fans, the thing to watch is a firm release date, which has not yet been announced. For investors and the wider industry, the question is whether Fellowship can deliver on its promise of two major releases a year once the 2027/28 fiscal year begins.
Bemerkenswerte Zitate
The year is anchored by Metro 2039 and Tomb Raider: Legacy of Atlantis, both expected in the second half of the year.— Embracer Group earnings release
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