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Electronic Arts Inc | 10-Q: Q2 2025 Earnings Report

SEC ·  Nov 2, 2024 04:12

Summary by Futu AI

Electronic Arts reported Q2 FY2025 revenue of $2.025 billion, up 6% year-over-year, with net income of $294 million. Live services and other revenue grew 1% to $1.309 billion, while full game revenue increased 15% to $716 million. The company's American football franchises, including the release of EA SPORTS College Football 25, drove growth.Operating income rose 2% to $384 million, with gross margin expanding to 77.5%. EA repurchased 2.6 million shares for $375 million and paid $51 million in dividends. Net bookings grew 14% to $2.079 billion, primarily from American football titles and global football franchises.Looking ahead, EA expects continued material contribution from live services, particularly Ultimate Team modes. The company is focusing on building games to grow global online communities around key franchises, deepening engagement through interactive storytelling, and expanding recurring revenue from live services and sports titles.
Electronic Arts reported Q2 FY2025 revenue of $2.025 billion, up 6% year-over-year, with net income of $294 million. Live services and other revenue grew 1% to $1.309 billion, while full game revenue increased 15% to $716 million. The company's American football franchises, including the release of EA SPORTS College Football 25, drove growth.Operating income rose 2% to $384 million, with gross margin expanding to 77.5%. EA repurchased 2.6 million shares for $375 million and paid $51 million in dividends. Net bookings grew 14% to $2.079 billion, primarily from American football titles and global football franchises.Looking ahead, EA expects continued material contribution from live services, particularly Ultimate Team modes. The company is focusing on building games to grow global online communities around key franchises, deepening engagement through interactive storytelling, and expanding recurring revenue from live services and sports titles.

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