EA has launched Q1 of fiscal year 2025-26 with a "strong start," reporting "better-than-expected" outcomes for its EA Sports brands
Electronic Arts has released its financial report for the initial quarter of the fiscal year, noting a "robust beginning" to fiscal year 2026, with net bookings surpassing the upper limit of the anticipated Q1 guidance.
According to the company’s financial update, EA Sports titles like EA Sports F1 25 and Global Football experienced significant year-on-year growth in bookings, outperforming expectations alongside Respawn's Apex Legends and EA’s extensive back catalog.
Andrew Wilson, CEO of Electronic Arts, commented, "We delivered a firm beginning to FY26, exceeding forecasts prior to what will be one of the most thrilling launch schedules in EA’s history. We are enhancing player engagement in EA Sports and preparing for the releases of Battlefield 6 and Skate, as we expand our global audience and advance the future of interactive entertainment."
Financial Overview:
For the quarter ending June 2025 (Q1 2025):
- Net revenue: $1.671 billion (an increase from last year's $1.660 billion)
- Net income: $201 million (a decline from last year's $280 million)
- Net bookings: $1.298 billion (up from the previous year's $1.262 billion)
For the 12 months ending June 30, 2025:
- Net revenue: $7.474 billion (up from last year's $7.298 billion)
- Net income: $1.042 billion (down from the previous year's $1.151 billion)
- Net bookings: $7.391 billion (increased from last year's $7.114 billion)
Key Points:
EA credits its successful first quarter to exceptional performance in Global Football, including a record-setting quarter for FC Mobile, highlighting the strength of its EA Sports FC platform. There were also significant contributions from other EA Sports franchises like F1 25.
The company also emphasized the recent announcement of Battlefield 6 and the upcoming unveiling of its multiplayer component, along with the anticipated releases of games like Madden NFL 26, FC 26, The Sims, and Skate.
Despite the favorable results, the fiscal year 2026 outlook remains steady. Stuart Canfield, CFO of Electronic Arts, noted, "Our Q1 performance surpassed the upper horizon of our guidance, reflecting the resilience of our live services and the diversification of our portfolio. With strong underlying fundamentals and a promising future lineup, we remain optimistic about our full-year predictions and extended margin targets."
EA acknowledged a "more regular trending pattern for College Football full game sales" is expected throughout the year, balanced in part by the launch of Madden NFL 26. Anticipations are that the early momentum in Apex Legends and their back catalog will sustain.