ELECTRONIC ARTS (EA) Company Report

Record quarterly net bookings of $3.046 billion, up 38% year-over-year, driven by the landmark launch of Battlefield 6.
Net revenue of $1.901 billion (+1% YoY) and net income of $88 million (EPS $0.35) for the quarter.
Declared a $0.19 per share quarterly cash dividend, payable March 18, 2026.
Operating cash flow of $1.826 billion; no earnings call held due to the pending $55 billion acquisition by an investor consortium expected to close in Q1 FY27.

6 hours ago

Press Release

EA reports Q1 FY26 results

Earnings

Guidance Update

Q1 FY26 net bookings were $1.298 B, up 3% YoY (cc); TTM net bookings reached $7.4 B, up 4% YoY, with live services representing 72% of total TTM net bookings.
Q1 FY26 net revenue was $1,671 M, GAAP EPS $0.79, and operating cash flow $17 M, resulting in free cash flow of $(55) M.
EA SPORTS™ F1® 25 delivered strong YoY net bookings growth, and FC Mobile achieved a record quarter for net bookings.
FY26 guidance issued for net bookings of $7.6 B–$8.0 B, net revenue of $7.1 B–$7.5 B, and GAAP EPS of $3.09–$3.79.

6 hours ago

Presentation

EA reports Q3 FY26 net bookings surge on Battlefield 6 launch

Earnings

Product Launch

Dividends

Net bookings of $3.046 billion in Q3 FY26, up 38% year-over-year.
Net revenue of $1.901 billion and operating cash flow of $1.826 billion for the quarter ($2.522 billion TTM).
Battlefield 6 was the best-selling shooter of 2025, driving record bookings; EA SPORTS FC and Apex Legends also posted strong net bookings growth.
Declared a $0.19 per share quarterly dividend, payable March 18, 2026.

6 hours ago

8-K

Electronic Arts shareholders approve $55B PIF takeover

M&A

Takeover Bid

Proxy Vote Outcomes

Shareholders approved a $55 billion take-private by a consortium led by Saudi Arabia’s Public Investment Fund at $210 per share, with PIF to end up with about 93.4% ownership.
The transaction, the largest going-private deal in the video-game industry’s history, still requires government and regulatory clearance and is targeted to close in Q1 2027.
EA reported $1.883 billion in revenue and $1.11 in adjusted EPS for Q3 2025, missing elevated expectations and limiting near-term upside.
The deal has drawn mixed reactions, with proponents citing fresh growth capital and critics raising ethical and influence concerns over major Saudi ownership.

Dec 22, 2025, 11:09 PM

Bloomberg

Electronic Arts holds Special Meeting approving merger agreement

Proxy Vote Outcomes

M&A

Record date for voting was November 19, 2025; shareholders of record as of that date could vote electronically or by proxy.
A quorum was reached with 203,451,107 shares (over 81% of outstanding) present in person or by proxy.
Stockholders approved all three proposals, including the merger agreement, advisory vote on named executive officer compensation, and authority to adjourn for additional proxies if needed.
Final voting results will be filed with the SEC on a Form 8-K.

Dec 22, 2025, 10:00 PM

Transcript

EA approves merger and related proposals at special meeting

M&A

Proxy Vote Outcomes

Executive Compensation

Electronic Arts held its special meeting on Dec 22, 2025, with a record date of Nov 19, 2025, and proxy materials distributed on Nov 20, 2025.
A quorum was met with 203,451,107 shares (over 81%) of outstanding stock present or by proxy.
The Board recommended approval of three proposals: the Merger Agreement with Oak-Eagle AcquireCo/MergerCo, an advisory vote on executive compensation related to the merger, and authority to adjourn for additional proxies if needed.
All three proposals were approved by the requisite vote and the meeting was adjourned.

Dec 22, 2025, 10:00 PM

Transcript

EA approves merger agreement and compensation at special meeting

M&A

Proxy Vote Outcomes

At EA's Special Meeting on December 22, 2025, a quorum was established with 81% of outstanding shares present or represented (record date November 19, 2025).
Proposal 1: Adoption of the Merger Agreement dated September 28, 2025, among EA, Oak Eagle Acquire Co., and Oak Eagle Merger Co.; Board recommended FOR; approved.
Proposal 2: Advisory approval of compensation payable to Named Executive Officers in connection with the merger; Board recommended FOR; approved.
Proposal 3: Approval to adjourn the meeting to solicit additional proxies if necessary; Board recommended FOR; approved.
All results will be filed on Form 8-K; the meeting adjourned at 2:03 PM.

Dec 22, 2025, 10:00 PM

Transcript

EA to go private in $55B leveraged buyout

M&A

Delisting/Listing Issues

Debt Issuance

Consortium-led $55 billion leveraged buyout will take Electronic Arts private, with Saudi Arabia’s PIF owning 93.4%, Silver Lake 5.5%, and Affinity Partners 1.1%.
The transaction, the largest leveraged buyout in history, is pending regulatory and shareholder approval and is expected to close next year.
EA’s revenues have stagnated over the past three fiscal years, underscoring pressure within the video game sector.

Dec 2, 2025, 7:03 PM

Morningstar

Ubisoft delays H1 2025-26 results amid trading suspension

Earnings

M&A

Suspended trading and delayed release of H1 fiscal 2025-26 results to curb speculation; report due before markets open on November 21, 2025.
CFO Frederick Duguet cited the need for extra time to finalize the semester’s closing and review strategic options.
Delay has fueled acquisition speculation by Tencent, which holds a stake in Ubisoft and recently formed Vantage Studios, acquiring key franchise rights.
Ongoing cost-cutting measures since 2023 include studio closures and over 3,000 layoffs as shares have fallen nearly 50% this year amid industry headwinds.

Nov 19, 2025, 3:21 PM

Bloomberg

Electronic Arts announces Q2 FY26 earnings and net bookings growth

Earnings

Share Buyback

Dividends

EA reported net bookings of $1.818 billion for the quarter, down 13% YoY, while Madden NFL 26 and Apex Legends returned to bookings growth.
Q2 net revenue was $1.839 billion; operating cash flow was $130 million for the quarter and $1.872 billion on a trailing twelve-month basis.
EA repurchased 2.3 million shares for $375 million in Q2 and has repurchased 17.5 million shares for $2.5 billion TTM; declared a $0.19 per share quarterly dividend payable December 23, 2025.
The successful launches of skate. and Battlefield 6 underscore EA’s strategy to drive long-term community engagement and growth.