Today Electronic Arts announced its financial results for the third quarter of its fiscal year 2025, related to the period between October and December 2024.
According to the press release, net bookings were $2.215 billion, down 6% year-on-year. Bookings for full games were $633 million, down 3% year-on-year, while live services brought in $1.582 billion, down 8% year-on-year.
Net income was $293 million, up 3 million year-on-year compared to the previous year’s $290 million.
As usual, we get a comment from CEO Andrew Wilson, who is confident to return to growth in the next fiscal year, which will start in April.
“The record success of our EA SPORTS FC 25 Team of the Year event demonstrates our creative teams’ ability to adapt, innovate, and execute at scale. As we build on this momentum across EA, we are confident in a return to growth in FY26 and beyond as we bring our next wave of iconic entertainment to players and fans worldwide.”
We also hear from CFO Stuart Canfield:
“Today, we announced plans for a $1 billion accelerated share repurchase, which is expected to bring total stock repurchases to $2.5 billion within the first year of our $5 billion authorization This reflects both our confidence in EA’s long-term strategy and our ability to balance investment in growth with capital returns.”
The press release also included a few operating highlights, basically entirely focusing on EA Sports. We also got the confirmation that the next Battlefield is expected to release between April 2025 and March 2026.
- Our Global Football franchise net bookings have grown more than 70% over the last five fiscal years, making it one of the biggest sports entertainment properties in the world.
- Our gameplay update for EA SPORTS FCTM 25, released on January 16th, drove engagement levels above our expectations, with over two million Ultimate Team players re-activated from earlier in the launch cycle.
- EA SPORTS FC Mobile saw a double-digit increase in new players and engagement year-over/year.
- American Football saw double-digit growth in weekly active users year-over-year in the third quarter, and remains on pace to surpass $1 billion in net bookings for fiscal year 2025.
If you’re interested in comparing today’s results with historical data, you can check out our article about the previous quarter’s financial results, announced in October.
Other gaming companies have also already announced their financial results this quarter, including Nintendo, Marvelous Entertainment, Koei Tecmo, Capcom, Microsoft, and Konami.
