EA Q4 2022 Earnings Report

Electronic Arts reported strong Q4 and FY22 financial results driven by live services business.

Key Takeaways

Electronic Arts announced preliminary financial results for its fourth quarter and fiscal year ended March 31, 2022. The live services business drove revenue and profit growth, representing 85% of net bookings in Q4.

FY22 was a record year with hundreds of millions of players engaging in EA's games.

Live services accounted for 85% of net bookings in Q4.

EA's player network grew 16% year-over-year to over 580 million unique active accounts.

FIFA Mobile had its biggest quarter ever, with new unique players surging nearly 80% year-over-year.

Total Revenue

$1.75B

Previous year: $1.49B

+17.5%

EPS

$1.46

Previous year: $1.23

+18.7%

Net Bookings

$1.75B

Gross Profit

$1.41B

Previous year: $1.03B

+36.9%

Cash and Equivalents

$2.73B

Previous year: $5.26B

-48.1%

Total Assets

$13.8B

Previous year: $13.3B

+3.9%

EA

EA Revenue by Segment

EA Revenue by Geographic Location

Forward Guidance

Electronic Arts provided financial outlook for Q1 FY23, expecting net revenue between $1.675 to $1.725 billion and diluted earnings per share between $0.76 to $0.85.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

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