US publishing giant Electronic Arts has reported slight increases in its balance sheet for the first quarter of its financial year.
The company brought in $1.671 billion for the period, a 0.66 per cent rise year-on-year, while net bookings rose 2.85 per cent to $1.298 billion.
EA reports that its Q1 performance is the result of better-than-expected results from the likes of Apex Legends, its EA Sports brand and back catalogue. The company says that F1 2025 in particular did well on the back of crossover content with the recently-released F1 The Movie film.
“We delivered a strong start to FY26, outperforming expectations ahead of what will be the most exciting launch slate in EA’s history,” the company’s CEO Andrew Wilson told investors.
“From deepening player engagement in EA Sports to gearing up for Battlefield 6 and skate., we’re scaling our global communities and continuing to shape the future of interactive entertainment.”
EA CFO Stuart Canfield added: “We exceeded the high end of our guidance in Q1 highlighting the resilience of our live services and the breadth of our portfolio. With strong fundamentals and a robust pipeline ahead, we remain confident in our full-year guidance and long-term margin framework.”
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