EA Q1 2023 Earnings — Electronic Arts Inc. Revenue & Financial Results | Market Cap Arena

EAElectronic Arts Inc.

$50B

Q1 2023 Earnings

Communication Services Electronic Gaming & Multimedia

Income Statement

Revenue

$1.8B+13.9% YoY

Gross Profit

$1.5B82.2% margin

Operating Income

$441M25.0% margin

Net Income

$311M17.6% margin

EPS (Diluted)

$1.11

QoQ Revenue Growth

-3.2%

Cash Flow

Operating Cash Flow

-$78M

Free Cash Flow

-$137M

Stock-Based Comp.

$125M

Balance Sheet

Total Assets

$13.2B

Total Liabilities

$5.6B

Stockholders' Equity

$7.6B

Cash & Equivalents

$2.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.8B	$1.6B	+13.9%
Gross Profit	$1.5B	$1.2B	+17.6%
Operating Income	$441M	$322M	+37.0%
Net Income	$311M	$204M	+52.5%

Revenue Segments

Live services and other, net revenue

$1.4B81%

Full game downloads, net revenue

$237M13%

Packaged goods, net revenue

$104M6%

Geographic Segments

International

$1.0B57%

North America

$762M43%