The earnings call reflects a strong quarter for EA, with record net bookings and successful expansions in American and global football. However, challenges remain in non-sports live services, particularly with Apex Legends. The company has raised its full-year guidance, indicating confidence in continued growth.

Company Guidance

During the Electronic Arts (EA) Q2 2025 earnings call, the company provided guidance reflecting a strong performance and raised its full-year outlook. EA reported a Q2 net booking of $2.08 billion, a 14% year-over-year increase, driven by the success of its EA Sports franchises, particularly in American football, where new players more than doubled year-over-year. The company expects FY 2025 net bookings to be between $7.5 billion and $7.8 billion, representing a 1% to 5% increase from the previous year. GAAP net revenue guidance was also raised to a range of $7.4 billion to $7.7 billion, with operating margins expected to be between 19.3% and 21.1%. EA anticipates net bookings growth in its EA Sports FC franchise and aims to generate over $1 billion in net bookings from its American football ecosystem. Despite lowered expectations for Apex Legends, EA maintains a mid-single-digit growth forecast for its core live services. Additionally, EA raised its operating cash flow guidance to a range of $2.075 billion to $2.275 billion, with capital expenditures projected at $225 million.

Record Net Bookings

Q2 net bookings were $2.08 billion, up 14% year-over-year, exceeding expectations.

American Football Ecosystem Expansion

Successful launch of College Football 25, with new players more than doubling year-over-year, and total hours played up over 140%.

EA Sports FC Global Reach

On a trailing 12-month basis, EA Sports FC is the largest franchise in the Western world, with player reach increasing over 130% globally.

Increased Full Year Guidance

Raised FY '25 guidance for net bookings to $7.5 billion to $7.8 billion, up 1% to 5% year-over-year.

Strong Live Services Performance

Live services net bookings were $1.25 billion, up 10% year-over-year.

Successful Launch of Dragon Age: The Veilguard

Early critic scores are strong, indicating a high-quality title with breakout potential.

Strong Operating Cash Flow

Record Q2 operating cash flow of $234 million, more than double the prior year period.

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Electronic Arts Inc. (DE:ERT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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DE:ERT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 26, 2018	2019 (Q1)	- / 0.15	0.333	-55.39% (-0.18)	―	―
Oct 30, 2018	2019 (Q2)	- / 0.94	0.637	47.56% (+0.30)	―	―
Feb 05, 2019	2019 (Q3)	- / 2.24	2.18	2.54% (+0.06)	―	―
May 07, 2019	2019 (Q4)	- / 1.52	1.261	20.49% (+0.26)	―	―
Jul 30, 2019	2020 (Q1)	- / 0.29	0.149	94.77% (+0.14)	―	―
Oct 29, 2019	2020 (Q2)	- / 0.94	0.941	-0.41% (>-0.01)	―	―
Jan 30, 2020	2020 (Q3)	- / 2.46	2.236	9.82% (+0.22)	―	―
May 05, 2020	2020 (Q4)	- / 1.04	1.52	-31.33% (-0.48)	―	―
Jul 30, 2020	2021 (Q1)	- / 1.38	0.29	376.85% (+1.09)	―	―
Nov 05, 2020	2021 (Q2)	- / 0.05	0.937	-95.02% (-0.89)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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DE:ERT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Oct 29, 2024	€134.63	€137.10	+1.84%
Jul 30, 2024	€137.76	€139.92	+1.56%
May 07, 2024	€121.17	€119.10	-1.71%
Jan 30, 2024	€127.20	€123.36	-3.02%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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