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Mar 31, 2021

EA Q4 2021 Earnings Report

Results exceeded expectations, driven by successful new games, live services engagement, and network growth.

Key Takeaways

Electronic Arts reported strong Q4 results, driven by live services and Apex Legends' performance. The company delivered a record year, with significant engagement across its portfolio and expansion of blockbuster franchises.

Net bookings for fiscal year 2021 was $6.190 billion, up 15% year-over-year.

Delivered 13 new games and had more than 42 million new players join our network during the fiscal year.

FIFA 21 has more than 25 million console/PC players.

Apex Legends has more than 100 million players life to date on console/PC, and Season 8 had more than 12 million weekly average players.

Total Revenue
$1.49B
Previous year: $1.39B
+7.4%
EPS
$1.23
Previous year: $1.08
+13.9%
Gross Profit
$1.03B
Previous year: $1.12B
-8.1%
Cash and Equivalents
$5.26B
Previous year: $3.77B
+39.6%
Total Assets
$13.3B
Previous year: $11.1B
+19.6%

EA

EA

EA Revenue by Segment

EA Revenue by Geographic Location

Forward Guidance

EA's financial expectations for the first quarter ending June 30, 2021 and the fiscal year ending March 31, 2022 include estimates of the impact of our recent acquisitions on consolidated results, including our acquisition of Glu Mobile on April 29, 2021.

Revenue & Expenses

Visualization of income flow from segment revenue to net income