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: 2025
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 |
|---|---|---|---|---|---|---|---|
| 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% | 6.2% | 1.6% |
| 2022 | $7.0B | $1.6B | $789M | $1.7B | 10.3% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 6,991 | 7,426 | 7,562 | 7,463 |
| Cost Of Revenue | 1,859 | 1,792 | 1,710 | 1,543 |
| Gross Profit | 5,132 | 5,634 | 5,852 | 5,920 |
| Operating Expense | 4,003 | 4,191 | 4,272 | 4,343 |
| Operating Income | 1,129 | 1,443 | 1,580 | 1,577 |
| EBITDA | 1,625 | 1,920 | 2,051 | 2,019 |
| EBIT | 1,139 | 1,384 | 1,647 | 1,663 |
| Pretax Income | 1,081 | 1,326 | 1,589 | 1,605 |
| Tax Provision | 292 | 524 | 316 | 484 |
| Net Income | 789 | 802 | 1,273 | 1,121 |
| Net Income Common Stockholders | 789 | 802 | 1,273 | 1,121 |
| Total Expenses | 5,862 | 5,983 | 5,982 | 5,886 |
| Interest Expense | 58 | 58 | 58 | 58 |
| Interest Income | 4 | 49 | 126 | 125 |
| Research And Development | 2,186 | 2,328 | 2,420 | 2,569 |
| Selling General And Administration | 1,634 | 1,705 | 1,710 | 1,707 |
| Normalized EBITDA | 1,626 | 2,029 | 2,111 | 2,060 |
| Normalized Income | 789.73 | 867.93 | 1,321.06 | 1,149.62 |
| Market Cap | 50,718.92 | 50,718.92 | 50,718.92 | 50,718.92 |
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 | $53.1B | 45.24β premium | 7.94 | 17.6% | 25.03 |
| Comcast Corporation | CMCSA | $99.2B | 4.92 | 1.02 | 20.6% | 4.05 |
| Warner Bros. Discovery, Inc. | WBD | $67.8B | 93.34 | 1.89 | 2.0% | 4.51 |
| Fox Corporation | FOXA | $29.0B | 11.81 | 2.24 | 18.9% | 7.50 |
| Fox Corporation | FOX | $25.9B | 10.56 |
| 2.00 |
| 18.9% |
| 6.76 |
| Charter Communications, Inc. | CHTR | $24.3B | 5.10 | 1.58 | 31.1% | 5.76 |
| News Corporation | NWS | $17.2B | 14.05 | 1.89 | 13.4% | 12.09 |
| News Corporation | NWSA | $14.9B | 12.17 | 1.64 | 13.4% | 10.53 |
| The Trade Desk, Inc. | TTD | $11.7B | 25.74 | 4.59 | 17.8% | 15.87 |
| Peer Median | - | 11.99 | 1.89 | 18.4% | 7.13 | |