EA Reports Record Q2 Earnings; Sports Games Drive Growth Amid Apex Legends Setback
October 30, 2024
Electronic Arts (EA) recently held its Q2 2025 earnings call, revealing strong fiscal performance with net bookings reaching $2.08 billion, a 14% increase year over year.
For the quarter ending September 30, 2024, EA generated $2.05 billion in revenue, marking an 8% rise from the previous year, despite a 26% drop in net income to $234 million.
In light of this performance, the company raised its annual net income expectations to between $1.02 billion and $1.16 billion, up from previous estimates.
EA also adjusted its full-year guidance, projecting net revenue between $7.4 billion and $7.7 billion, reflecting confidence in sustained growth.
CEO Andrew Wilson emphasized EA's strategic vision to shape the future of entertainment through community engagement and innovative gameplay.
The launch of College Football 25 has been particularly successful, doubling new player engagement year over year and contributing to strong sales.
Both 'Madden NFL 25' and 'College Football 25' were the top-selling video games in the U.S. for August, with the college title emerging as the year's best seller.
Additionally, the EA Sports App is set to launch in Spain, leveraging partnerships with La Liga to enhance interactive gaming experiences.
EA Sports FC 25, launched in September 2024, has also seen significant growth, with a global player base increasing by over 130%.
CFO Stuart Canfield expressed confidence in EA's momentum, anticipating the company will outperform market expectations for net bookings growth through FY2027.
Despite a challenging economic environment, EA's sports games continue to engage players, showcasing the resilience of franchises like 'Madden NFL' and 'College Football'.
Conversely, Apex Legends faced challenges as net bookings fell short of expectations due to lower player engagement, particularly following the launch of its Season 22 Battle Pass.
Summary based on 3 sources
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Sources

The Motley Fool • Oct 30, 2024
Electronic Arts (EA) Q2 2025 Earnings Call Transcript
Investing.com • Oct 29, 2024
EA raises annual bookings forecast as American football titles outperform
GamesIndustry.biz • Oct 30, 2024
Sports titles drive record quarter for EA