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Electronic Arts Inc Financials

EA
Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE March

This page shows Electronic Arts Inc (EA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 19 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI EA FY2025

Electronic Arts runs a high-margin cash engine that is increasingly used for capital returns, leaving liquidity less conservative.

From FY2021 to FY2025, operating cash flow stayed above net income every year, showing that earnings usually turned into cash instead of relying heavily on accounting timing. Yet FY2025 finished with a 0.9x current ratio after $2.5B of buybacks, meaning the tighter balance sheet reflects capital allocation more than a weakened core cash engine.

Revenue slipped from $7.6B in FY2024 to $7.5B in FY2025. Even so, gross margin improved to 79.3% and operating margin held near 20.4%, which points to a more favorable cost or revenue mix rather than simple scale.

Cash generation has been consistently stronger than accounting profit: operating cash flow ranged from $1.6B to $2.3B over the last three years while net income stayed lower each year. That makes FY2025's weaker liquidity look more like a balance-sheet choice than evidence that the core business suddenly became less cash generative.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 40 / 100
Financial Profile 40/100

Based on FY2026 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Electronic Arts Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
62

Electronic Arts Inc has an operating margin of 15.4%, meaning the company retains $15 of operating profit per $100 of revenue. This results in a moderate score of 62/100, indicating healthy but not exceptional operating efficiency. This is down from 20.4% the prior year.

Growth
33

Electronic Arts Inc's revenue grew a modest 0.9% year-over-year to $7.5B. This slow but positive growth earns a score of 33/100.

Leverage
83

Electronic Arts Inc carries a low D/E ratio of 0.94, meaning only $0.94 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 83/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
16

Electronic Arts Inc's current ratio of 1.05 is below the typical benchmark, resulting in a score of 16/100. However, the company holds substantial cash reserves (75% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.

Returns
45

Electronic Arts Inc's ROE of 13.1% shows moderate profitability relative to equity, earning a score of 45/100. This is down from 17.5% the prior year.

Altman Z-Score Safe
6.39

Electronic Arts Inc scores 6.39, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($51.0B) relative to total liabilities ($6.4B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Neutral
5/9

Electronic Arts Inc passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed
2.88x

For every $1 of reported earnings, Electronic Arts Inc generates $2.88 in operating cash flow ($2.6B OCF vs $887.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe
21.9x

Electronic Arts Inc earns $21.9 in operating income for every $1 of interest expense ($1.2B vs $53.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue
$7.5B
YoY+0.9%
5Y CAGR+6.0%
10Y CAGR+5.5%

Electronic Arts Inc generated $7.5B in revenue in fiscal year 2026. This represents an increase of 0.9% from the prior year.

EBITDA
$1.5B
YoY-20.8%
5Y CAGR+3.9%
10Y CAGR+3.1%

Electronic Arts Inc's EBITDA was $1.5B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 20.8% from the prior year.

Net Income
$887.0M
YoY-20.9%
5Y CAGR+1.2%
10Y CAGR-2.6%

Electronic Arts Inc reported $887.0M in net income in fiscal year 2026. This represents a decrease of 20.9% from the prior year.

EPS (Diluted)
$3.51
YoY-17.4%
5Y CAGR+4.1%
10Y CAGR+0.0%

Electronic Arts Inc earned $3.51 per diluted share (EPS) in fiscal year 2026. This represents a decrease of 17.4% from the prior year.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$2.9B
YoY+34.1%
5Y CAGR-11.4%
10Y CAGR+1.4%

Electronic Arts Inc held $2.9B in cash against $750.0M in long-term debt as of fiscal year 2026.

Dividends Per Share
$0.76
YoY+0.0%
5Y CAGR+17.5%

Electronic Arts Inc paid $0.76 per share in dividends in fiscal year 2026. This represents an increase of 0.0% from the prior year.

Shares Outstanding
251M
YoY-0.0%
5Y CAGR-2.6%
10Y CAGR-1.8%

Electronic Arts Inc had 251M shares outstanding in fiscal year 2026. This represents a decrease of 0.0% from the prior year.

Margins & Returns

Gross Margin
79.0%
YoY-0.4pp
5Y CAGR+5.5pp
10Y CAGR+9.8pp

Electronic Arts Inc's gross margin was 79.0% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 0.4 percentage points from the prior year.

Operating Margin
15.4%
YoY-4.9pp
5Y CAGR-3.1pp
10Y CAGR-5.0pp

Electronic Arts Inc's operating margin was 15.4% in fiscal year 2026, reflecting core business profitability. This is down 4.9 percentage points from the prior year.

Net Margin
11.8%
YoY-3.2pp
5Y CAGR-3.1pp
10Y CAGR-14.5pp

Electronic Arts Inc's net profit margin was 11.8% in fiscal year 2026, showing the share of revenue converted to profit. This is down 3.2 percentage points from the prior year.

Return on Equity
13.1%
YoY-4.4pp
5Y CAGR+2.4pp
10Y CAGR-20.9pp

Electronic Arts Inc's ROE was 13.1% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 4.4 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
$769.0M
YoY-69.3%
5Y CAGR+1.1%
10Y CAGR-2.8%

Electronic Arts Inc spent $769.0M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 69.3% from the prior year.

Capital Expenditures
N/A

EA Income Statement

Metric Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25
Revenue $2.1B+11.5% $1.9B+3.4% $1.8B+10.1% $1.7B-11.8% $1.9B+0.6% $1.9B-7.0% $2.0B+22.0% $1.7B
Cost of Revenue $364.0M-26.9% $498.0M+12.4% $443.0M+58.8% $279.0M-24.2% $368.0M-19.3% $456.0M0.0% $456.0M+73.4% $263.0M
Gross Profit $1.8B+25.2% $1.4B+0.5% $1.4B+0.3% $1.4B-8.8% $1.5B+7.0% $1.4B-9.1% $1.6B+12.3% $1.4B
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $191.0M-4.0% $199.0M+5.3% $189.0M+2.7% $184.0M-4.2% $192.0M+9.1% $176.0M-10.7% $197.0M+9.4% $180.0M
Operating Income $564.0M+344.1% $127.0M-36.5% $200.0M-26.2% $271.0M-31.4% $395.0M+4.8% $377.0M-1.8% $384.0M+5.5% $364.0M
Interest Expense $11.0M-21.4% $14.0M0.0% $14.0M0.0% $14.0M-6.7% $15.0M+7.1% $14.0M0.0% $14.0M-6.7% $15.0M
Income Tax $118.0M+174.4% $43.0M-28.3% $60.0M-16.7% $72.0M-52.9% $153.0M+36.6% $112.0M+6.7% $105.0M-7.9% $114.0M
Net Income $461.0M+423.9% $88.0M-35.8% $137.0M-31.8% $201.0M-20.9% $254.0M-13.3% $293.0M-0.3% $294.0M+5.0% $280.0M
EPS (Diluted) N/A $0.35-35.2% $0.54-31.6% $0.79 N/A $1.110.0% $1.11+6.7% $1.04

EA Balance Sheet

Metric Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25
Total Assets $13.1B-1.1% $13.3B+12.0% $11.9B+1.3% $11.7B-5.4% $12.4B-8.1% $13.5B+2.4% $13.1B+3.4% $12.7B
Current Assets $4.0B-3.3% $4.1B+51.3% $2.7B+6.7% $2.5B-22.3% $3.3B-23.3% $4.3B+7.6% $4.0B+10.7% $3.6B
Cash & Equivalents $2.9B+2.9% $2.8B+142.5% $1.1B-24.4% $1.5B-28.9% $2.1B-23.1% $2.8B+26.4% $2.2B-8.5% $2.4B
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable $632.0M-23.8% $829.0M-23.0% $1.1B+102.1% $533.0M-21.5% $679.0M-8.5% $742.0M-26.7% $1.0B+133.7% $433.0M
Goodwill $5.4B0.0% $5.4B0.0% $5.4B0.0% $5.4B+0.2% $5.4B0.0% $5.4B-0.1% $5.4B0.0% $5.4B
Total Liabilities $6.4B-10.7% $7.1B+21.8% $5.9B+4.2% $5.6B-6.1% $6.0B-0.9% $6.0B+5.4% $5.7B+7.9% $5.3B
Current Liabilities $3.8B-14.4% $4.4B+36.9% $3.2B+6.6% $3.0B-12.1% $3.5B+11.4% $3.1B+11.4% $2.8B+12.9% $2.5B
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $6.8B+9.9% $6.2B+2.5% $6.0B-1.3% $6.1B-4.8% $6.4B-13.8% $7.4B+0.1% $7.4B+0.1% $7.4B
Retained Earnings $6.6B+6.7% $6.2B+0.7% $6.2B-1.4% $6.2B-3.5% $6.5B-13.4% $7.5B-0.6% $7.5B+0.8% $7.5B

EA Cash Flow Statement

Metric Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25
Operating Cash Flow $580.0M-68.2% $1.8B+1304.6% $130.0M+664.7% $17.0M-96.9% $549.0M-53.3% $1.2B+402.6% $234.0M+95.0% $120.0M
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow -$62.0M-8.8% -$57.0M+16.2% -$68.0M+23.6% -$89.0M-141.6% $214.0M+445.2% -$62.0M-34.8% -$46.0M+33.3% -$69.0M
Financing Cash Flow -$435.0M-219.9% -$136.0M+68.3% -$429.0M+24.5% -$568.0M+59.7% -$1.4B-180.0% -$504.0M-25.4% -$402.0M+26.4% -$546.0M
Dividends Paid $48.0M+2.1% $47.0M-2.1% $48.0M0.0% $48.0M0.0% $48.0M-4.0% $50.0M-2.0% $51.0M+2.0% $50.0M
Share Buybacks $0 $0-100.0% $394.0M+5.1% $375.0M-72.7% $1.4B+259.0% $383.0M+2.1% $375.0M0.0% $375.0M

EA Financial Ratios

Metric Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25
Gross Margin 82.8%+9.0pp 73.8%-2.1pp 75.9%-7.4pp 83.3%+2.7pp 80.6%+4.8pp 75.8%-1.7pp 77.5%-6.7pp 84.2%
Operating Margin 26.6%+19.9pp 6.7%-4.2pp 10.9%-5.3pp 16.2%-4.6pp 20.8%+0.8pp 20.0%+1.1pp 19.0%-3.0pp 21.9%
Net Margin 21.8%+17.1pp 4.6%-2.8pp 7.4%-4.6pp 12.0%-1.4pp 13.4%-2.2pp 15.6%+1.0pp 14.5%-2.3pp 16.9%
Return on Equity 6.8%+5.4pp 1.4%-0.9pp 2.3%-1.0pp 3.3%-0.7pp 4.0%+0.0pp 4.0%-0.0pp 4.0%+0.2pp 3.8%
Return on Assets 3.5%+2.8pp 0.7%-0.5pp 1.2%-0.6pp 1.7%-0.3pp 2.1%-0.1pp 2.2%-0.1pp 2.2%+0.0pp 2.2%
Current Ratio 1.05+0.1 0.93+0.1 0.840.0 0.84-0.1 0.95-0.4 1.38-0.0 1.43-0.0 1.45
Debt-to-Equity 0.94-0.2 1.16+0.2 0.98+0.1 0.92-0.0 0.94+0.1 0.81+0.0 0.77+0.1 0.72
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

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Frequently Asked Questions

Electronic Arts Inc (EA) reported $7.5B in total revenue for fiscal year 2026. This represents a 0.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Electronic Arts Inc (EA) revenue grew by 0.9% year-over-year, from $7.5B to $7.5B in fiscal year 2026.

Yes, Electronic Arts Inc (EA) reported a net income of $887.0M in fiscal year 2026, with a net profit margin of 11.8%.

Electronic Arts Inc (EA) reported diluted earnings per share of $3.51 for fiscal year 2026. This represents a -17.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Electronic Arts Inc (EA) had EBITDA of $1.5B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2026, Electronic Arts Inc (EA) had $2.9B in cash and equivalents against $750.0M in long-term debt.

Electronic Arts Inc (EA) had a gross margin of 79.0% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

Electronic Arts Inc (EA) had an operating margin of 15.4% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

Electronic Arts Inc (EA) had a net profit margin of 11.8% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Yes, Electronic Arts Inc (EA) paid $0.76 per share in dividends during fiscal year 2026.

Electronic Arts Inc (EA) has a return on equity of 13.1% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

Electronic Arts Inc (EA) generated $2.6B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

Electronic Arts Inc (EA) had $13.1B in total assets as of fiscal year 2026, including both current and long-term assets.

Yes, Electronic Arts Inc (EA) spent $769.0M on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

Electronic Arts Inc (EA) had 251M shares outstanding as of fiscal year 2026.

Electronic Arts Inc (EA) had a current ratio of 1.05 as of fiscal year 2026, which is considered adequate.

Electronic Arts Inc (EA) had a debt-to-equity ratio of 0.94 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

Electronic Arts Inc (EA) had a return on assets of 6.8% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

Electronic Arts Inc (EA) has an Altman Z-Score of 6.39, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Electronic Arts Inc (EA) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Electronic Arts Inc (EA) has an earnings quality ratio of 2.88x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Electronic Arts Inc (EA) has an interest coverage ratio of 21.9x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Electronic Arts Inc (EA) scores 40 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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