FIFA 21
GameBy EA Vancouver · Released Oct 9, 2020
Documents about FIFA 21
Electronic Arts Q1 FY 2022 Results
Electronic Arts’ first-quarter fiscal year 2022 results demonstrate strong financial performance, characterized by the company exceeding expectations for net revenue, net bookings, and earnings per share.
- Electronic Arts raised its full-year net bookings guidance to $7.40 billion, up from the previous $7.30 billion estimate, following a Q1 performance that exceeded expectations for revenue and earnings.
- Digital sales accounted for 58% of total console unit sales, marking a 6 percentage point increase over the prior year.
- Engagement in EA Sports titles remains a core driver, with over 140 million players over the trailing 12 months and a 48% year-over-year increase in FIFA 21 Ultimate Team matches.
Electronic Arts Q1 FY22 Financial Results
Electronic Arts reported strong financial results for the first fiscal quarter of 2022, ending June 30, 2021, characterized by revenue growth and an optimistic outlook for the remainder of the fiscal year.
- Electronic Arts reported Q1 FY22 net revenue of $1.551 billion, representing a 6% year-over-year increase.
- Live services remain the primary revenue driver, contributing $1.229 billion to the total quarterly revenue.
- Management raised its full-year outlook for FY22, projecting $6.850 billion in net revenue and $7.400 billion in net bookings.
Electronic Arts Q4 and FY21 Financial Results
Electronic Arts concluded its fiscal year 2021 with record financial performance, characterized by significant growth in net bookings and robust player engagement across its portfolio.
- Electronic Arts achieved record fiscal year 2021 net bookings of $6.19 billion, representing a 15% year-over-year increase that exceeded original projections by over $600 million.
- The company generated $1.934 billion in annual operating cash flow and returned capital to shareholders by repurchasing 5.6 million shares for $729 million and initiating a $0.17 quarterly dividend.
- Growth was driven by live services and key franchises, specifically Apex Legends surpassing 100 million lifetime players and FIFA 21 Ultimate Team experiencing a 16% increase in player count.
Electronic Arts Q3 FY21 Financial Results
Electronic Arts reported strong financial performance for the third fiscal quarter ending December 31, 2020, characterized by growth in net bookings and robust engagement across its live service portfolio.
- Electronic Arts reported $1.673 billion in Q3 FY21 revenue, a 5% increase year-over-year, with trailing twelve-month net bookings reaching $5.956 billion.
- Growth was primarily driven by live services, specifically strong performance in the FIFA Ultimate Team and Apex Legends franchises.
- FIFA Ultimate Team reached nearly 6 million daily active players in December, while Apex Legends saw a 30% year-over-year increase in new players.