Apex Legends Reaches Over $2 Billion in Lifetime Revenue

Electronic Arts achieved significant financial growth for the fiscal year ending March 31, 2022, driven primarily by the robust performance of its live service offerings. The company reported total net bookings of $7.5 billion, representing a 21% year-over-year increase. While net income saw a slight decline of 6% to $789 million, the broader portfolio demonstrated strong momentum, with 12 individual titles each contributing over $100 million in net bookings.

A central highlight of the fiscal results is the performance of Apex Legends, which surpassed $2 billion in lifetime net bookings. This figure reflects a 40% year-over-year increase, bolstered by the game's most successful season to date, Season 12. Additionally, the company’s total player base expanded to 580 million unique active users, a 16% increase compared to the previous year. Live services now constitute 71% of total revenue, marking a 17% growth in that segment.

The company’s broader strategy continues to emphasize cross-platform expansion and high-performing franchises. FIFA 22 was identified as the most successful entry in its series, with double-digit revenue growth. Furthermore, the company reached $1.2 billion in net bookings specifically from the mobile segment, a trend expected to continue with the scheduled launch of Apex Legends Mobile. These results underscore the effectiveness of Electronic Arts' focus on long-term engagement models and diversified digital revenue streams across its global portfolio.