Electronic Arts Inc. ( (EA) ) has realeased its Q2 earnings. Here is a breakdown of the information Electronic Arts Inc. presented to its investors.
Electronic Arts Inc. (EA) is a leading global digital interactive entertainment company, renowned for creating and delivering games, content, and online services for internet-enabled consoles, mobile devices, and personal computers, with a strong portfolio of high-quality brands like EA SPORTS, The Sims, and Battlefield.
Electronic Arts has reported a robust performance in Q2 FY25, with record-breaking net bookings that have surpassed the company’s guidance. This strong performance was propelled by successful titles in their EA SPORTS™ portfolio, prompting an upward revision in their full-year outlook.
The company achieved net bookings of $2.079 billion for the quarter, marking a new record and exceeding the guidance range. Net revenue was reported at $2.025 billion, and net income stood at $294 million. EA’s American Football franchise is on track to surpass $1 billion in net bookings for FY25, while The Sims™ 4 saw significant growth in player engagement. Additionally, EA repurchased 2.6 million shares worth $375 million.
Despite a slight decrease in net income compared to the previous year, EA has demonstrated resilience by maintaining strong operational cash flow and further investing in share repurchase programs. The company’s diversified portfolio, including popular franchises like College Football and Global Football, continues to drive growth and engagement across platforms.
Looking forward, Electronic Arts maintains a positive outlook for the remainder of FY25, with expectations for net revenue between $7.400 billion and $7.700 billion. The company remains focused on delivering innovative gaming experiences and expanding their engagement within global communities, aiming for sustainable long-term growth.
