EA Q3 2020 Earnings Report

EA's Q3 FY20 financial results were announced, marking an excellent quarter with new games and live services driving growth and delighting players worldwide.

Key Takeaways

Electronic Arts reported a strong third quarter with significant growth in net revenue and digital net revenue. The company launched several new games and saw increased engagement in its live services. They delivered record live services revenue, live services net bookings and operating cash flow.

Digital net bookings for the trailing twelve months were $4.128 billion, up 15% year-over-year.

EA launched Plants vs. Zombies: Battle for Neighborville, Need for Speed Heat, and Star Wars Jedi: Fallen Order during the quarter.

FIFA Ultimate Team matches were up nearly 40% year-over-year from launch through Q3.

The Sims 4 surpassed 20 million unique players worldwide life-to-date during the quarter.

Total Revenue

$1.59B

Previous year: $1.61B

-1.0%

EPS

$2.52

Previous year: $1.93

+30.6%

Net Bookings

$1.98B

Gross Profit

$1.09B

Previous year: $876M

+23.9%

Cash and Equivalents

$3.6B

Previous year: $3.89B

-7.3%

Total Assets

$11.2B

Previous year: $8.86B

+26.0%

EA

EA Revenue by Segment

EA Revenue by Geographic Location

Forward Guidance

Electronic Arts provided forward-looking statements as of January 30, 2020, with fiscal year 2020 expectations ending March 31, 2020.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

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