EA (Electronic Arts Inc.) Stock Financials & Earnings | Market Cap Arena

EA (Electronic Arts Inc.) Stock Financials & Earnings | Market Cap Arena

EAElectronic Arts Inc.

Mkt Cap$50B

Communication Services·Electronic Gaming & Multimedia·🇺🇸 United States·NASDAQ

Revenue (TTM)$7.3B

Net Income (TTM)$680M

EPS (TTM)$2.64

Free Cash Flow (TTM)$2.3B

Gross Margin78.0%

Op. Margin13.9%

Net Margin9.3%

FCF Margin31.4%

P/S Ratio (TTM)6.8x

P/E Ratio (TTM)73.7x

YoY Rev Growth-0.4%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q4 23	$1.9B	$1.4B	$175M
Q1 24	$1.9B	$1.6B	$542M
Q2 24	$1.9B	$1.5B	$377M
Q3 24	$1.9B	$1.4B	$365M
Q4 24	$1.8B	$1.4B	$234M
Q1 25	$1.7B	$1.4B	$364M
Q2 25	$2.0B	$1.6B	$384M
Q3 25	$1.9B	$1.4B	$377M
Q4 25	$1.9B	$1.5B	$395M
Q1 26	$1.7B	$1.4B	$271M
Q2 26	$1.8B	$1.4B	$209M
Q3 26	$1.9B	$1.4B	$141M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q4 23	6.7x	62.5x
Q1 24	6.6x	56.1x
Q2 24	6.6x	50.5x
Q3 24	6.5x	46.4x
Q4 24	6.6x	39.4x
Q1 25	6.9x	43.5x
Q2 25	6.8x	47.9x
Q3 25	6.8x	47.8x
Q4 25	6.7x	44.7x
Q1 26	6.7x	48.1x
Q2 26	6.9x	56.6x
Q3 26	6.8x	73.7x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 23	$617M	$570M
Q1 24	$359M	$314M
Q2 24	$112M	$61M
Q3 24	$1.3B	$1.2B
Q4 24	$580M	$529M
Q1 25	$120M	$53M
Q2 25	$234M	$184M
Q3 25	$1.2B	$1.1B
Q4 25	$549M	$495M
Q1 26	$17M	-$55M
Q2 26	$130M	$87M
Q3 26	$1.8B	$1.8B

Capital Expenditures

CapEx

Quarter	CapEx
Q4 23	$47M
Q1 24	$45M
Q2 24	$51M
Q3 24	$52M
Q4 24	$51M
Q1 25	$67M
Q2 25	$50M
Q3 25	$50M
Q4 25	$54M
Q1 26	$72M
Q2 26	$43M
Q3 26	$54M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 23	+2.7%	+16.4%
Q1 24	+8.9%	+4.2%
Q2 24	+0.5%	+4.1%
Q3 24	+3.4%	-0.8%
Q4 24	-5.1%	-9.1%
Q1 25	-13.7%	-6.2%
Q2 25	+5.8%	+6.8%
Q3 25	-3.2%	-4.7%
Q4 25	+6.5%	-2.9%
Q1 26	+0.7%	+8.0%
Q2 26	-9.2%	-0.7%
Q3 26	+1.8%	+17.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 23	$142M	7.6%
Q1 24	$130M	6.8%
Q2 24	$155M	8.1%
Q3 24	$151M	7.8%
Q4 24	$148M	8.3%
Q1 25	$143M	8.6%
Q2 25	$174M	8.6%
Q3 25	$163M	8.7%
Q4 25	$162M	8.5%
Q1 26	$152M	9.1%
Q2 26	$174M	9.5%
Q3 26	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q4 23	$635M	$224M	$255M
Q1 24	$596M	$163M	$229M
Q2 24	$602M	$173M	$280M
Q3 24	$584M	$170M	$276M
Q4 24	$638M	$185M	$234M
Q1 25	$629M	$180M	$205M
Q2 25	$648M	$197M	$272M
Q3 25	$606M	$176M	$251M
Q4 25	$686M	$192M	$234M
Q1 26	$706M	$184M	$214M
Q2 26	$686M	$189M	$304M
Q3 26	$704M	$199M	$356M

Revenue Segments

Quarter	Full game downloads, net revenue	Live services and other, net revenue	Packaged goods, net revenue
Q4 23	$274M	$1.5B	$98M
Q1 24	$301M	$1.5B	$142M
Q2 24	$346M	$1.3B	$275M
Q3 24	$431M	$1.3B	$187M
Q4 24	$265M	$1.4B	$68M
Q1 25	$190M	$1.4B	$60M
Q2 25	$475M	$1.3B	$241M
Q3 25	$446M	$1.3B	$153M
Q4 25	$367M	$1.5B	$70M
Q1 26	$233M	$1.4B	$56M
Q3 26	$546M	$1.3B	$86M

Revenue by Geography

Quarter	International	North America
Q4 23	$1.1B	$794M
Q1 24	$1.1B	$807M
Q2 24	$1.2B	$747M
Q3 24	$1.2B	$777M
Q4 24	$1.1B	$670M
Q1 25	$1.0B	$616M
Q2 25	$1.1B	$899M
Q3 25	$1.1B	$781M
Q4 25	$1.1B	$782M
Q1 26	$1.0B	$642M
Q3 26	$1.1B	$764M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 23	$2.4B	$343M	$2.8B
Q1 24	$2.3B	$343M	$2.6B
Q2 24	$1.9B	$359M	$2.3B
Q3 24	$2.7B	$362M	$3.1B
Q4 24	$2.9B	$362M	$3.3B
Q1 25	$2.4B	$366M	$2.8B
Q2 25	$2.2B	$366M	$2.6B
Q3 25	$2.8B	$379M	$3.2B
Q4 25	$2.1B	$112M	$2.2B
Q1 26	$1.5B	$112M	$1.6B
Q2 26	$1.1B	$112M	$1.3B
Q3 26	$2.8B	$115M	$2.9B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q4 23	274M	-1.4%
Q1 24	274M	+0.0%
Q2 24	272M	-0.7%
Q3 24	271M	-0.4%
Q4 24	270M	-0.4%
Q1 25	268M	-0.7%
Q2 25	266M	-0.7%
Q3 25	265M	-0.4%
Q4 25	265M	+0.0%
Q1 26	254M	-4.2%
Q2 26	252M	-0.8%
Q3 26	253M	+0.4%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$431K	8K
FY 15	$538K	8K
FY 16	$517K	9K
FY 17	$551K	9K
FY 18	$554K	9K
FY 19	$510K	10K
FY 20	$565K	10K
FY 21	$512K	11K
FY 22	$542K	13K
FY 23	$554K	13K
FY 24	$552K	14K
FY 25	$515K	15K