ELECTRONIC ARTS INC. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data ELECTRONIC ARTS INC. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	4,845	5,150	4,950	5,537	5,629	6,991	7,426	7,562	7,463	7,531
Cost of revenue	1,298	1,277	1,322	1,369	1,494	1,859	1,792	1,710	1,543	1,584
Gross profit	3,547	3,873	3,628	4,168	4,135	5,132	5,634	5,852	5,920	5,947
Selling and marketing	673	641	702	631	689	961	978	1,019	962	1,128
General and administrative	439	469	460	506	592	673	727	691	745	763
Operating expenses	2,323	2,439	2,632	2,723	3,089	4,003	4,302	4,334	4,400	4,785
Operating income	1,224	1,434	996	1,445	1,046	1,129	1,332	1,518	1,520	1,162
Interest expense	47	44	45	44	45	58	58	58	58	53
Other non-operating income	-14	15	83	63	-29	-48	-6	71	85	18
Pre-tax income	1,210	1,449	1,079	1,508	1,017	1,081	1,326	1,589	1,605	1,180
Income tax	243	406	60	-1,531	180	292	524	316	484	293
Net income	967	1,043	1,019	3,039	837	789	802	1,273	1,121	887
EBITDA	1,396	1,570	1,141	1,595	1,227	1,615	1,868	1,922	1,876	1,485
EPS, basic	3.19	3.39	3.36	10.37	2.90	2.78	2.90	4.71	4.28	3.55
EPS, diluted	3.08	3.34	3.33	10.30	2.87	2.76	2.88	4.68	4.25	3.51
Shares, basic (weighted)	303	308	303	293	289	284	277	270	262	250
Shares, diluted (weighted)	314	312	306	295	292	286	278	272	264	253
Dividend per share					0.34	0.68	0.76	0.76	0.76	0.76

Balance sheet

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash and equivalents	2,565	4,258	4,708	3,768	5,260	2,732	2,424	2,900	2,136	2,864
Receivables	359	385	623	461	521	650	684	565	679	632
Other current assets	308	288	313	321	326	439	518	420	349	361
Total current assets	5,199	6,004	6,381	6,517	7,213	4,151	3,969	4,247	3,276	3,973
Property, plant and equipment	434	453	448	449	491	550	549	578	586	613
Lease right-of-use assets				193	242	314	276	243	237	283
Goodwill	1,707	1,883	1,892	1,885	2,868	5,387	5,380	5,379	5,376	5,388
Intangible assets	8	71	87	53	309	962	618	400	293	195
Other non-current assets	84	89	114	305	362	507	481	436	417	529
Total assets	7,718	8,584	8,957	11,112	13,288	13,800	13,459	13,420	12,368	13,131
Accounts payable	87	48	113	68	96	101	99	110	105	128
Accrued liabilities	789	821	1,052	1,052	1,341	1,388	1,285	1,166	486	563
Deferred revenue	1,539	0	150	109	115	156	103	59	94	2,233
Total current liabilities	2,415	2,491	2,265	2,664	2,964	3,513	3,285	3,090	3,459	3,797
Long-term debt	990	992	994	397	1,876	1,878	1,880	1,882	1,484	1,485
Lease liabilities				155	202	272	277	248	267	306
Other non-current liabilities	148	255	132	216	250	397	393	438	445	481
Total liabilities	3,658	3,989	3,626	3,651	5,448	6,175	6,166	5,907	5,982	6,367
Paid-in capital	1,049	657	0	0	0	0	0	0	0	256
Retained earnings	3,027	4,062	5,358	7,508	7,887	7,607	7,357	7,582	6,470	6,607
Other comprehensive income	-19	-127	-30	-50	-50	15	-67	-72	-87	-102
Shareholders' equity	4,060	4,595	5,331	7,461	7,840	7,625	7,293	7,513	6,386	6,764
Total equity	4,060	4,595	5,331	7,461	7,840	7,625	7,293	7,513	6,386	6,764
Total liabilities and equity	7,718	8,584	8,957	11,112	13,288	13,800	13,459	13,420	12,368	13,131
Shares outstanding	308	306	298	288	286	280	273	266	252	251

Cash flow statement

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Net income	967	1,043	1,019	3,039	837	789	802	1,273	1,121	887
Depreciation and amortization	172	136	145	150	181	486	536	404	356	323
Stock-based compensation	196	242	284	347	435	528	548	584	642	656
Deferred income tax	103	203	-16	-1,876	-142	-328	-213	82	-40	-10
Change in receivables	-136	-25	-88	164	-41	-77	-34	119	-115	46
Change in payables							144	-208	190	206
Cash from operations	1,578	1,692	1,547	1,797	1,934	1,899	1,550	2,315	2,079	2,553
Acquisitions	0	-150	-58	0	-1,239	-3,391	0	0	0	-17
Purchases of investments	-1,917	-2,287	-1,342	-3,359	-2,828	-554	-405	-640	-437	-158
Cash from investing	-759	622	169	-1,357	-505	-2,804	-217	-207	37	-276
Debt issued	0	0
Debt repaid				0	-600	0	0	0	0	-400
Share buybacks	-508	-601	-1,192	-1,207	-729	-1,300	-1,295	-1,300	-2,508	-769
Dividends paid				0	-98	-193	-210	-205	-199	-191
Cash from financing	-729	-643	-1,253	-1,358	-15	-1,620	-1,600	-1,624	-2,863	-1,568
Exchange rate effect				-22	78	-3	-41	-8	-17	19
Net change in cash	72	1,693	450	-940	1,492	-2,528	-308	476	-764	728
Interest paid	43	42	42	42	40	56	56	56	56	53
Income taxes paid	51	57	100	170	340	629	583	300	404	201

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $209.70 on August 4, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	79.9%	Gross profit / revenue.
Operating margin	17.9%	Operating income / revenue.
EBITDA margin	21.3%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	18.3%	Pre-tax income / revenue.
Net margin	13.8%	Net income / revenue.
Operating cash flow margin	29.2%	Cash from operations / revenue.
Effective tax rate	24.6%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	15.3%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	8.6%	Net income / average total assets.
Return on invested capital (ROIC)	22.1%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Stock-based pay / revenue	8.4%	Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue	3.4%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	0.9%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	0.5%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	6.0%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	0.5%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	1.8%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	7.5%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	-23.6%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	-4.4%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	2.1%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	-20.8%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	-7.4%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	3.9%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	-20.9%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	3.4%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	1.2%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	-17.4%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	6.8%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	4.1%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	22.8%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	18.1%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	5.7%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y	0.0%	Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y	0.0%	Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Dividend per share CAGR, 5y	17.5%	Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	5.9%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	-2.5%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	-2.9%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	6.2%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	-0.8%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	-0.2%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	-4.2%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-3.1%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-2.8%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.21x	Current assets / current liabilities.
Quick ratio	1.00x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.82x	(Cash + short-term investments) / current liabilities.
Liabilities / assets	43.7%	Total liabilities / total assets.
Working capital	$585.0M	Current assets - current liabilities.
Goodwill and intangibles / assets	44.2%	(Goodwill + intangible assets) / total assets.
Tangible book value	$1.52B	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.62x	Revenue / average total assets.
Fixed asset turnover	12.7x	Revenue / average property, plant and equipment.
Receivables turnover	15.0x	Revenue / average receivables.
Days sales outstanding	24 days	365 x average receivables / revenue.
Days payables	20 days	365 x average accounts payable / cost of revenue.

Per share

Metric	Value	How it is calculated
EPS, diluted	$4.26	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$30.89	Revenue / diluted weighted shares.
Operating cash flow per share	$9.03	Cash from operations / diluted weighted shares.
Book value per share	$28.09	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$6.03	Tangible book value / shares outstanding.
Cash per share	$9.08	(Cash + short-term investments) / shares outstanding.
Payout ratio	17.6%	Dividends paid / net income, when net income is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$52.93B	Share price x shares outstanding.
Enterprise value	$50.64B	Market cap + total debt - cash - short-term investments.
P/E	48.9x	Market cap / net income. Only when net income is positive.
P/S	6.75x	Market cap / revenue.
P/B	7.48x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	34.8x	Market cap / tangible book value, when positive.
P/OCF	23.1x	Market cap / cash from operations, when positive.
EV/Sales	6.45x	Enterprise value / revenue.
EV/EBIT	36.1x	Enterprise value / operating income, when both are positive.
EV/EBITDA	30.3x	Enterprise value / EBITDA, when both are positive.
Earnings yield	2.0%	Net income / market cap (the inverse of P/E).
Dividend yield	0.4%	Dividends paid over the period / market cap.
Shareholder yield	1.1%	(Dividends paid + share buybacks) / market cap.
PEG	7.17x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

What was ELECTRONIC ARTS INC.'s revenue in fiscal 2026?

ELECTRONIC ARTS INC. reported revenue of $7.53B for fiscal 2026, 0.9% higher than the year before.

Was ELECTRONIC ARTS INC. profitable in fiscal 2026?

Yes. Net income was $887.0M, a net margin of 11.8%.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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