FinancialElectronic Arts

Electronic Arts Inc. Q1 FY26 Results

18 pages~13 min full read

Read

Cite

Key insights

6 takeaways · ~2 min read

01
Electronic Arts reported Q1 FY26 net bookings of $1.298 billion, a 3% year-over-year increase driven by EA SPORTS F1 25 and record-setting performance in FC Mobile.See it on page 4
02
Live services remain the company's primary revenue driver, accounting for 72% of trailing 12-month net bookings.See it on page 5
03
The company projects full-year FY26 net bookings to reach between $7.6 billion and $8.0 billion.See it on page 4
04
Platform performance was mixed in Q1, with PC and other platforms growing 8% and console bookings increasing 2%, while mobile remained flat.See it on page 6
05
Profitability metrics for the quarter included a 16.2% GAAP operating margin and a 26.9% non-GAAP operating margin.See it on page 8
06
The FY26 release slate is anchored by major titles including EA SPORTS College Football 26, Madden NFL 26, and Battlefield 6.See it on page 7

Read the full report

Summary

Electronic Arts’ Q1 FY26 results, reported on July 29, 2025, outline the company’s financial performance and strategic outlook for the fiscal year. The primary objective of the report is to provide stakeholders with an analysis of current net bookings, operational efficiency, and the upcoming title slate. The company emphasizes its reliance on live services, which accounted for 72% of trailing 12-month net bookings, alongside a robust portfolio of sports and interactive entertainment franchises.

Financial results for the first quarter show net bookings of $1.298 billion, representing a 3% year-over-year increase. Growth was driven by strong performance in EA SPORTS F1 25 and record-setting net bookings in FC Mobile. While console net bookings saw a 2% increase, mobile and PC segments experienced varied performance, with PC and other platforms growing 8% and mobile remaining relatively flat. The company reported a GAAP operating margin of 16.2% and a non-GAAP operating margin of 26.9%.

Looking ahead, Electronic Arts maintains a positive outlook for FY26, projecting net bookings between $7.6 billion and $8.0 billion. The fiscal year strategy centers on a significant release schedule, including EA SPORTS College Football 26, Madden NFL 26, and Battlefield 6. The company utilizes internal data and third-party platform metrics to track its global player network, acknowledging inherent challenges in deduplicating accounts across diverse hardware ecosystems. Management continues to employ non-GAAP measures, such as free cash flow and adjusted operating margins, to provide a clearer view of core business performance by excluding acquisition-related expenses and stock-based compensation.