Electronic Arts (EA) net income 2005-2023
Founded in 1982, EA was one of the first companies to explore the idea of home computer games and, in the ensuing decades, has been responsible for legendary game franchises such as FIFA, Madden NFL, and The Sims. The company generated net revenue of 7.4 billion U.S. dollars in 2023, over 3.15 billion U.S. dollars of which was generated in North America. Given that EA is known for its wide range of console games, it is no surprise that the company generates most of its revenue from console gaming – approximately 4.4 billion U.S. dollars of revenue was generated in this segment in 2023, whilst all of the other segments generated about three billion U.S. dollars combined. However, in the age of mobile gaming where people want to play games wherever and whenever, EA has seen its mobile revenue almost double since 2014.
Despite its reputation as a gaming giant, EA cannot afford to rest on its laurels with so many other players entering the gaming world. The company spent 978 million U.S. dollars on marketing and sales expenditures in 2023, marking a small increase on the previous year’s figure. Future releases include the rebranding of the FIFA series to EA Sports FC, the 2023 release of F1, and first-person shooter Immortals of Aveum.