Electronic Arts' fiscal 2026 revenue edges up 0.9% to $7.53 billion; operating income falls 23.6% to $1.16 billion

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 reported net revenue of $7.53 billion for the fiscal year from Apr 1, 2025 to Mar 31, 2026, up 0.9% from $7.46 billion a year earlier. Operating income was $1.16 billion, down 23.6% from $1.52 billion. Net income was $887 million, or $3.51 per diluted share, against $1.12 billion, or $4.25 per share, a year earlier. The company filed the figures on May 11, 2026 in its annual report on Form 10-K, the yearly report a US public company files with the Securities and Exchange Commission.1^,2^,3^,4^,5^,6^,7^,8^,9^,10^,11^,12

The company said a $667 million rise in net revenue, mainly from the release of Battlefield 6, was partly offset by a $599 million fall, mainly from its American football franchise, lower sales of extra content for Apex Legends and the prior year's release of Dragon Age: The Veilguard. Full game net revenue rose 7.3% to $2.15 billion, while live services and other net revenue, mainly sales of extra content, fell 1.4% to $5.38 billion. EA tied the fall in live services to lower extra-content sales for Apex Legends and for Ultimate Team in EA SPORTS Madden NFL, partly offset by higher extra-content sales in its global football franchise.13^,14^,15^,16^,17^,18^,19

Research and development expenses rose $259 million, or 10%, and the first reason the company gave was a $144 million increase in personnel-related costs for its studios. Marketing and sales expenses rose $166 million, or 17%, mainly on advertising for Battlefield 6. Net bookings, the company's own operating metric for the net amount of products and services sold in the period, which it calculates as net revenue plus the change in deferred net revenue for online-enabled games, were $8,026 million for the fiscal year, up $671 million, or 9%.20^,21^,22^,23

The report was filed while the sale of the company was pending: it said that on Sep 28, 2025, EA had entered into a merger agreement under which it would be acquired by an investor consortium. The company's earlier earnings release, filed on May 5, 2026, named the consortium as the Public Investment Fund and funds affiliated with Silver Lake and Affinity Partners, and said the all-cash transaction valued EA at an enterprise value of approximately $55 billion, the value of its shares plus its debt, less its cash. It added that a limited number of regulatory reviews were outstanding. General and administrative expenses rose $18 million, or 2%, mainly on $28 million of fees and other direct expenses related to the merger. The company returned $941 million to stockholders in fiscal 2026 through share buybacks and its quarterly dividend.24^,25^,26^,27^,28^,29

Our records hold the text of the report's management discussion but not the notes to its financial statements or its other exhibits, and they cannot tell whether the year-earlier figures were restated.30^,31