Electronic Arts (EA) net income 2005-2020
Video gaming giant, Electronic Arts, generated net revenue of over three billion U.S. dollars in its 2020 fiscal year. This marks a huge increase on the revenue compared to the previous year. This sharp growth in revenues is no doubt in part due to the coronavirus pandemic, which spread across the world at the beginning of 2020 and led to many people turning to gaming and other forms of indoor entertainment during periods of lockdown.
EA revenue
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 5.5 billion U.S. dollars in 2020, over two million 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 3.77 billion U.S. dollars of revenue was generated in this segment in 2020, whilst all of the other segments generated less than 1.8 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.
EA’s future
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 631 million U.S. dollars on marketing and sales expenditures in 2019, marking a slight decrease on the previous year’s figure. With future releases including the new editions of the FIFA and Madden series, a Mass Effect trilogy remaster, and new F2P IP It Takes Two, the next few years look to be vital in determining EA’s future success.
EA revenue
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 5.5 billion U.S. dollars in 2020, over two million 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 3.77 billion U.S. dollars of revenue was generated in this segment in 2020, whilst all of the other segments generated less than 1.8 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.
EA’s future
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 631 million U.S. dollars on marketing and sales expenditures in 2019, marking a slight decrease on the previous year’s figure. With future releases including the new editions of the FIFA and Madden series, a Mass Effect trilogy remaster, and new F2P IP It Takes Two, the next few years look to be vital in determining EA’s future success.
