Electronic Arts reported $7.46 billion in fiscal 2025 revenue, down 1.3%, and $1.12 billion in net income

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

Electronic Arts filed its 10-K, the annual report a US-listed company files with the Securities and Exchange Commission, on May 13, 2025, for the fiscal year that ended Mar 31, 2025. Net revenue, the sales its accounts recognise in the year, was $7.46 billion, down 1.3% from $7.56 billion a year earlier. Operating income was $1.52 billion, up 0.1% from $1.518 billion. Net income was $1.12 billion, down 11.9% from $1.27 billion. Diluted earnings per share were $4.25, against $4.68 a year earlier.1^,2^,3^,4^,5^,6^,7^,8^,9^,10^,11^,12^,13^,14

EA's management said net revenue fell by $99 million: a $789 million decrease, mainly lower sales of extra content for Apex Legends and the prior year's release of Star Wars Jedi: Survivor, partly offset by a $690 million increase, mainly from its American football games, driven by EA SPORTS College Football 25. Live services and other net revenue was $5.461 billion, down 1.6% from $5.547 billion; EA said its live services included extra content, subscription offerings and other revenue generated in addition to the sale of its full games and free-to-play games. Full-game net revenue was $2.002 billion, down 0.6% from $2.015 billion. Revenue from full-game downloads rose 10.1% to $1.478 billion, while revenue from packaged goods fell 22.0% to $524 million. EA estimated that 78% of its units sold on Xbox and PlayStation consoles in fiscal 2025 were sold digitally, up from 73% a year earlier.15^,16^,17^,18^,19^,20^,21^,22^,23^,24^,25^,26^,27^,28^,29^,30

EA also reported net bookings, a measure it defined as net revenue plus the change in deferred net revenue for online-enabled games. Net bookings were $7.355 billion, down $75 million, or 1%, from $7.430 billion. Full-game net bookings were $2.017 billion, up $12 million: EA put the gain on American football, led by EA SPORTS College Football 25, and on Split Fiction and Dragon Age: The Veilguard, partly offset by the prior year's Star Wars Jedi: Survivor release, older FIFA titles and softer EA SPORTS FC 25 sales.31^,32^,33^,34^,35

EA's provision for income taxes was $484 million, an effective tax rate of 30.2%, against $316 million and 19.9% a year earlier. EA said the year held a $51 million tax charge to raise the valuation allowance on Swiss deferred tax assets, and the year before a $92 million tax benefit from remeasuring those Swiss assets after a rise in the Swiss statutory tax rate. During the year EA returned $2.699 billion to stockholders, repurchasing 17.6 million shares for about $2.5 billion and paying $199 million through its quarterly dividend. Its earnings release of May 6, 2025 forecast fiscal 2026 net bookings of about $7.6 billion to $8.0 billion and net revenue of about $7.1 billion to $7.5 billion.36^,37^,38^,39^,40^,41^,42

We hold the text of the 10-K's management discussion, not its notes or exhibits, so this article tells what EA said only from that discussion and its May 6 earnings release. Our records keep one value for each period, so they cannot tell whether the year-earlier figures in this 10-K were restated.43^,40^,44