Electronic Arts Pre-Announces Preliminary Q3 FY25 Results
Electronic Arts (EA) has pre-announced preliminary Q3 FY25 results and revised its fiscal year outlook. The company now expects Q3 net bookings of approximately $2.215 billion and has updated its FY25 net bookings outlook to $7.000-7.150 billion.
The revision comes as EA's Global Football franchise experienced a slowdown, projecting to end the fiscal year down mid-single-digit, despite previous double-digit growth. Additionally, Dragon Age engaged approximately 1.5 million players, falling nearly 50% below expectations.
For Q3 FY25, EA anticipates GAAP net revenue of approximately $1.883 billion and GAAP diluted earnings per share of approximately $1.11. Despite current challenges, EA expects a return to growth in FY26 as it executes against its pipeline.
Electronic Arts (EA) ha pre-annunciato i risultati preliminari del terzo trimestre dell'anno fiscale 25 e ha rivisto le previsioni per l'anno fiscale. L'azienda ora si aspetta che le prenotazioni nette del Q3 siano di circa 2,215 miliardi di dollari e ha aggiornato la sua previsione di prenotazioni nette per l'anno fiscale 25 a un intervallo di 7,000-7,150 miliardi di dollari.
Questa revisione arriva mentre il franchise Global Football di EA ha subito un rallentamento, prevedendo di terminare l'anno fiscale con un calo a cifra singola medio, nonostante la crescita a due cifre precedente. Inoltre, Dragon Age ha coinvolto circa 1,5 milioni di giocatori, risultando quasi 50% al di sotto delle aspettative.
Per il Q3 dell'anno fiscale 25, EA prevede un fatturato netto GAAP di circa 1,883 miliardi di dollari e un utile per azione diluito GAAP di circa 1,11 dollari. Nonostante le attuali sfide, EA si aspetta un ritorno alla crescita nel FY26 mentre attua il proprio piano di sviluppo.
Electronic Arts (EA) ha preanunciado los resultados preliminares del tercer trimestre del año fiscal 25 y ha revisado su perspectiva para el año fiscal. La compañía ahora espera que las reservas netas del Q3 sean de aproximadamente $2.215 mil millones y ha actualizado su perspectiva de reservas netas para el año fiscal 25 a un rango de $7.000-7.150 mil millones.
La revisión se produce a medida que la franquicia Global Football de EA experimentó una desaceleración, proyectando terminar el año fiscal con una caída de números de una sola cifra, a pesar del crecimiento de dos dígitos anterior. Además, Dragon Age involucró a aproximadamente 1,5 millones de jugadores, cayendo casi un 50% por debajo de las expectativas.
Para el Q3 del año fiscal 25, EA anticipa un ingreso neto GAAP de aproximadamente $1.883 mil millones y una ganancia por acción diluida GAAP de aproximadamente $1.11. A pesar de los desafíos actuales, EA espera un regreso al crecimiento en el FY26 mientras ejecuta su plan de desarrollo.
일렉트로닉 아츠 (EA)는 2025 회계연도 3분기 Preliminary results를 사전 발표하고 회계연도 전망을 수정했습니다. 회사는 이제 3분기 순 예약이 약 22억 1500만 달러에 이를 것으로 예상하며, 2025 회계연도 순 예약 전망을 70억-71억 5000만 달러로 수정했습니다.
이번 수정은 EA의 글로벌 축구 프랜차이즈가 둔화세를 겪으면서, 이전의 두 자릿수 성장에도 불구하고 회계연도를 중간 한 자릿수 감소세로 마칠 것으로 전망되고 있습니다. 또한, 드래곤 에이지는 약 150만 플레이어를 유치했으며, 이는 예상보다 거의 50% 낮은 수치입니다.
2025 회계연도 3분기 동안 EA는 약 18억 8300만 달러의 GAAP 순 수익과 약 1.11 달러의 GAAP 희석 주당 이익을 예측하고 있습니다. 현재의 도전에도 불구하고 EA는 파이프라인을 실행하면서 2026 회계연도에 성장으로 돌아갈 것으로 예상하고 있습니다.
Electronic Arts (EA) a préannoncé les résultats préliminaires du troisième trimestre de l'exercice 25 et a révisé ses prévisions pour l'exercice fiscal. L'entreprise s'attend désormais à des réservations nettes de Q3 d'environ 2,215 milliards de dollars et a mis à jour ses prévisions de réservations nettes pour l'exercice 25 à une fourchette de 7,000-7,150 milliards de dollars.
Cette révision intervient alors que la franchise Global Football d'EA a connu un ralentissement, projetant de terminer l'exercice fiscal en baisse à un chiffre moyen, malgré une croissance à deux chiffres au préalable. De plus, Dragon Age a impliqué environ 1,5 million de joueurs, tombant presque 50% en dessous des attentes.
Pour le T3 de l'exercice 25, EA anticipe un revenu net GAAP d'environ 1,883 milliards de dollars et un bénéfice par action dilué GAAP d'environ 1,11 dollar. Malgré les défis actuels, EA s'attend à un retour à la croissance en FY26 en mettant en œuvre son pipeline.
Electronic Arts (EA) hat die vorläufigen Ergebnisse des dritten Quartals des Geschäftsjahres 25 vorab angekündigt und seine Prognose für das Geschäftsjahr angepasst. Das Unternehmen erwartet nun für das Q3 Nettobuchungen von etwa 2,215 Milliarden Dollar und hat seine Prognose für die Nettobuchungen des Geschäftsjahres 25 auf 7,000-7,150 Milliarden Dollar aktualisiert.
Die Anpassung erfolgt, da die Global Football-Franchise von EA eine Verlangsamung erlebt hat und voraussichtlich das Geschäftsjahr mit einem Rückgang im mittleren einstelligen Bereich abschließen wird, trotz vorherigem zweistelligem Wachstum. Zudem hat Dragon Age etwa 1,5 Millionen Spieler angesprochen, was fast 50 % unter den Erwartungen liegt.
Für das Q3 des Geschäftsjahres 25 rechnet EA mit einem GAAP-Nettoeinkommen von etwa 1,883 Milliarden Dollar und einem GAAP verwässerten Gewinn pro Aktie von etwa 1,11 Dollar. Trotz der aktuellen Herausforderungen erwartet EA eine Rückkehr zum Wachstum im FY26, während es seinen Pipeline-Plan umsetzt.
- Company expects return to growth in FY26
- Positive player feedback on recent FC 25 gameplay refresh
- Dragon Age engagement 50% below expectations with only 1.5M players
- Global Football franchise experiencing mid-single-digit decline
- Live services net bookings revised from mid-single-digit growth to mid-single-digit decline
- Downward revision of FY25 outlook
Insights
EA's preliminary Q3 FY25 results signal serious challenges across its portfolio, with implications that could reshape its market position. The company's two primary revenue drivers are showing concerning weakness:
Sports Division Troubles: The EA SPORTS FC franchise's mid-single-digit decline marks a dramatic reversal from two consecutive years of double-digit growth. This is particularly worrying as sports titles traditionally provide stable, recurring revenue through Ultimate Team microtransactions. The timing is especially problematic, coming after EA's high-profile split from FIFA and rebranding of its soccer franchise.
RPG Segment Underdelivers: Dragon Age's 50% miss in player engagement, drawing only 1.5 million players, suggests potential issues in EA's strategy for premium single-player experiences. This underperformance could impact the company's ability to diversify revenue streams beyond sports titles.
Financial Impact: The guidance revision implies a potential revenue shortfall of hundreds of millions versus initial expectations. Q3 net bookings of
Forward Strategy: Management's promise of FY26 growth relies heavily on upcoming franchise releases. However, the current underperformance raises questions about EA's ability to execute on both live service operations and premium game launches. The company's commitment to its "long-term financial framework" suggests potential cost management initiatives to protect margins.
Market Implications: These results may indicate broader industry challenges in monetizing both traditional sports games and premium single-player experiences. The performance of EA SPORTS FC is particularly important as it represents the first year under the new branding and its struggles could signal reduced player engagement or increased competition in the sports gaming segment.
Business Outlook as of January 22, 2025
EA’s initial guidance for fiscal year 2025 anticipated mid-single-digit growth in live services net bookings1. However, the company now projects a mid-single-digit decline, with Global Football accounting for the majority of the change.
Global Football had experienced two consecutive fiscal years of double-digit net bookings growth. However, the franchise experienced a slowdown as early momentum in the fiscal third quarter did not sustain through to the end. As a result, EA revises its outlook for Global Football to end the fiscal year down mid-single-digit at the midpoint of the new outlook. Separately, Dragon Age engaged approximately 1.5 million players during the quarter, down nearly
As a result, EA is providing preliminary results for its third fiscal quarter and updating its fiscal year 2025 net bookings outlook. It now expects net bookings of approximately
For its third fiscal quarter, EA now expects GAAP net revenue to be approximately
“During Q3, we continued to deliver high-quality games and experiences across our portfolio; however, Dragon Age and EA SPORTS FC 25 underperformed our net bookings expectations,” said Andrew Wilson, CEO of EA. “This month, our teams delivered a comprehensive gameplay refresh in addition to our annual Team of the Year update in FC 25; positive player feedback and early results are encouraging. We remain confident in our long-term strategy and expect a return to growth in FY26, as we execute against our pipeline.”
“We continue to balance investment for future growth with operational discipline, and remain committed to EA’s long-term financial framework,” said Stuart Canfield, CFO of EA. “As we look to FY26, we expect to grow as we launch more of our iconic franchises.”
EA will announce its results for the third fiscal quarter ending December 31, 2024 on February 4th, 2025 and will host a conference call at 2:00 pm PT (5:00 pm ET) to discuss its quarterly results and financial outlook. Listeners may access the conference call live via a dial-in number or audio webcast.
Tuesday, February 4, 2025
2:00 pm Pacific Time (5:00 pm Eastern Time)
Dial-in numbers:
Domestic: (855) 761-5600; International: (646) 307-1097
Conference ID: 5939891
Webcast: http://ir.ea.com
EA’s financial results release will be available after the close of market on February 4, 2025 on EA’s website at http://ir.ea.com. A dial-in replay of the conference call will be available until February 11, 2025 at (800) 770-2030 (domestic) or (609) 800-9909 (international) using pin code 5939891. An audio webcast replay of the conference call will be available for one year at http://ir.ea.com.
Forward-Looking Statements
Some statements set forth in this release, including the information relating to EA’s expectations under the heading “Business Outlook as of January 22, 2025” are forward-looking statements that are subject to change. These forward-looking statements are current as of January 22, 2025. These forward-looking statements are not guarantees of future performance and reflect management’s current expectations. Actual results could differ materially from those discussed in the forward-looking statements. Factors that might cause or contribute to such differences include those discussed in Part II, Item 1A of Electronic Arts’ latest Quarterly Report on Form 10-Q under the heading “Risk Factors”, as well as in other documents EA has filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended March 31, 2024. EA assumes no obligation to revise or update any forward-looking statement, except as required by law.
In addition, the preliminary results set forth in this release are estimates based on information currently available to EA. While EA believes these estimates are meaningful, they could differ from the actual amounts that EA ultimately reports in its Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2024.
About Electronic Arts
Electronic Arts (NASDAQ: EA) is a global leader in digital interactive entertainment. The Company develops and delivers games, content and online services for Internet-connected consoles, mobile devices and personal computers. In fiscal year 2024, EA posted GAAP net revenue of approximately
1 Net bookings is defined as the net amount of products and services sold digitally or sold-in physically in the period. Net bookings is calculated by adding total net revenue to the change in deferred net revenue for online-enabled games.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250122865003/en/
Andrew Uerkwitz
Vice President, Investor Relations
650-674-7191
auerkwitz@ea.com
Justin Higgs
Vice President, Corporate Communications
925-502-9253
jhiggs@ea.com
Source: Electronic Arts
FAQ
What are EA's revised net bookings expectations for Q3 FY25?
How much did Dragon Age underperform EA's expectations in Q3 FY25?
What is EA's updated net bookings guidance range for FY25?
What is EA's projected GAAP earnings per share for Q3 FY25?
How has EA's Global Football franchise performed compared to previous years?
