Electronic Arts Inc. develops, markets, publishes, and delivers games, content, and services for game consoles, PCs, and mobile phones worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation; and live services offerings, including extra content and subscription offerings through its global football and American football franchises, such as EA SPORTS College Football and EA SPORTS Madden NFL, as well as based on its IP comprising The Sims, Apex Legends, and Battlefield. The company markets and sells its games and services through digital distribution and retail channels; and directly to mass market retailers, specialty stores, and distribution arrangements. Electronic Arts Inc. was incorporated in 1982 and is headquartered in Redwood City, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2026
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2026 | $7.5B | $1.6B | $887M | $2.3B | 13.1% | 0.9% | -20.9% |
| 2025 | $7.5B | $2.0B | $1.1B | $1.9B | 17.6% | -1.3% | -11.9% |
| 2024 | $7.6B | $2.1B | $1.3B | $2.1B | 16.9% | 1.8% | 58.7% |
| 2023 | $7.4B | $1.9B | $802M | $1.3B | 11.0% | - | - |
| 2022 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Total Revenue | - | 7,426 | 7,562 | 7,463 | 7,531 |
| Operating Revenue | - | 7,426 | 7,562 | 7,463 | 7,531 |
| Cost Of Revenue | - | 1,792 | 1,710 | 1,543 | 1,584 |
| Gross Profit | - | 5,634 | 5,852 | 5,920 | 5,947 |
| Operating Expense | - | 4,191 | 4,272 | 4,343 | 4,785 |
| Research And Development | - | 2,328 | 2,420 | 2,569 | 2,828 |
| Selling General And Administration | - | 1,705 | 1,710 | 1,707 | 1,891 |
| Total Expenses | - | 5,983 | 5,982 | 5,886 | 6,369 |
| Operating Income | - | 1,443 | 1,580 | 1,577 | 1,162 |
| Total Operating Income As Reported | - | 1,332 | 1,518 | 1,520 | 1,162 |
| EBITDA | - | 1,920 | 2,051 | 2,019 | 1,556 |
| Normalized EBITDA | - | 2,029 | 2,111 | 2,060 | 1,553 |
| EBIT | - | 1,384 | 1,647 | 1,663 | 1,233 |
| Interest Income | - | 49 | 126 | 125 | 70 |
| Interest Expense | - | 58 | 58 | 58 | 53 |
| Net Interest Income | - | -9 | 68 | 67 | 17 |
| Other Non Operating Income Expenses | - | 1 | 1 | 2 | -2 |
| Other Income Expense | - | -108 | -59 | -39 | 1 |
| Interest Income Non Operating | - | 49 | 126 | 125 | 70 |
| Interest Expense Non Operating | - | 58 | 58 | 58 | 53 |
| Net Non Operating Interest Income Expense | - | -9 | 68 | 67 | 17 |
| Pretax Income | - | 1,326 | 1,589 | 1,605 | 1,180 |
| Tax Provision | - | 524 | 316 | 484 | 293 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -43.07 | -11.93 | -12.38 | 0.74 |
| Net Income Continuous Operations | - | 802 | 1,273 | 1,121 | 887 |
| Net Income From Continuing And Discontinued Operation | - | 802 | 1,273 | 1,121 | 887 |
| Net Income From Continuing Operation Net Minority Interest | - | 802 | 1,273 | 1,121 | 887 |
| Net Income | - | 802 | 1,273 | 1,121 | 887 |
| Net Income Common Stockholders | - | 802 | 1,273 | 1,121 | 887 |
| Net Income Including Noncontrolling Interests | - | 802 | 1,273 | 1,121 | 887 |
| Normalized Income | - | 867.93 | 1,321.07 | 1,149.62 | 884.74 |
| Diluted NI Availto Com Stockholders | - | 802 | 1,273 | 1,121 | 887 |
| Basic Average Shares | - | 277 | 270 | 262 | 250 |
| Diluted Average Shares | - | 278 | 272 | 264 | 253 |
| Reconciled Depreciation | - | 536 | 404 | 356 | 323 |
| Reconciled Cost Of Revenue | - | 1,414 | 1,448 | 1,254 | 1,327 |
| Total Unusual Items | - | -109 | -60 | -41 | 3 |
| Total Unusual Items Excluding Goodwill | - | -109 | -60 | -41 | 3 |
| Special Income Charges | - | -111 | -62 | -57 | 0 |
| Restructuring And Mergern Acquisition | - | 111 | 62 | 57 | 0 |
| Gain On Sale Of Security | - | 2 | 2 | 16 | 3 |
| Depreciation Amortization Depletion Income Statement | - | 158 | 142 | 67 | 66 |
| Depreciation And Amortization In Income Statement | - | 158 | 142 | 67 | 66 |
| General And Administrative Expense | - | 727 | 691 | 745 | 763 |
| Other Gand A | - | 727 | 691 | 745 | 763 |
| Selling And Marketing Expense | - | 978 | 1,019 | 962 | 1,128 |
| Amortization | - | 158 | 142 | 67 | 66 |
| Amortization Of Intangibles Income Statement | - | 158 | 142 | 67 | 66 |
Communication Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Electronic Arts Inc.this co. | EA | $51.0B | 57.50β premium | 7.54 | 13.1% | 31.86 |
| Warner Bros. Discovery, Inc. | WBD | $67.7B | 93.11 | 1.88 | 2.0% | 4.50 |
| Take-Two Interactive Software, Inc. | TTWO | $40.2B | -134.89 | 11.46 | -8.5% | 33.54 |
| TKO Group Holdings, Inc. | TKO | $38.7B | 198.06 | 10.36 | 5.2% | 31.75 |
| Live Nation Entertainment, Inc. | LYV |
| - |
| - |
| - |
| - |
| - |
| $37.5B |
| 75.55 |
| 138.26 |
| 183.0% |
| 20.54 |
| EchoStar Corporation | SATS | $36.1B | -2.49 | 6.26 | -251.4% | -4.08 |
| Fox Corporation | FOXA | $27.5B | 12.17 | 2.30 | 18.9% | 7.70 |
| Fox Corporation | FOX | $24.7B | 10.90 | 2.06 | 18.9% | 6.96 |
| Omnicom Group Inc. | OMC | $21.6B | - | 1.79 | -0.5% | 31.05 |
| Peer Median | - | 12.17 | 4.28 | 3.6% | 14.12 | |