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ELECTRONIC ARTS INC. (EA)

Income Statement Business | Product | Geographic | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21
   10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Revenues:  
    Recognized over time  1,378.0 1,119.01,179.01,421.0 1,116.01,056.0
    Recognized at a point in time  546.0 762.0725.0346.0 673.0770.0
Total revenues  1,924.01,874.01,881.01,904.01,767.01,825.01,789.01,826.0
            Revenue growth   [+]8.9%2.7%5.1%4.3%13.9%35.6%6.9%58.6%
Cost of goods sold  368.0448.0568.0462.0314.0419.0631.0494.0
Gross profit  1,556.01,426.01,313.01,442.01,453.01,406.01,158.01,332.0
            Gross margin  80.9%76.1%69.8%75.7%82.2%77.0%64.7%72.9%
Selling, general and administrative   [+]392.0479.0418.0407.0401.0410.0456.0409.0
Research and development  596.0635.0556.0565.0572.0579.0539.0553.0
EBITDA   [+]631.0459.0411.0554.0555.0506.0248.0434.0
            EBITDA margin  32.8%24.5%21.9%29.1%31.4%27.7%13.9%23.8%
Depreciation and amortization  63.0147.072.084.075.089.085.064.0
EBITA  568.0312.0339.0470.0480.0417.0163.0370.0
            EBITA margin  29.5%16.6%18.0%24.7%27.2%22.8%9.1%20.3%
Amortization of intangibles  25.026.050.043.039.052.061.030.0
EBIT   [+]543.0286.0289.0427.0441.0365.0102.0340.0
            EBIT margin  28.2%15.3%15.4%22.4%25.0%20.0%5.7%18.6%
Non-recurring items  1.0111.0      
Interest expense          
Other income (expense), net   [+]28.021.07.014.09.06.03.0 
Pre-tax income  556.0181.0282.0427.0436.0356.091.0326.0
Income taxes  154.0193.078.0128.0125.0131.025.032.0
            Tax rate  27.7%106.6%27.7%30.0%28.7%36.8%27.5%9.8%
Net income  402.0-12.0204.0299.0311.0225.066.0294.0
            Net margin  20.9%-0.6%10.8%15.7%17.6%12.3%3.7%16.1%
   
Basic EPS   [+]$1.48($0.04)$0.74$1.08$1.11$0.79$0.23$1.03
Diluted EPS   [+]$1.47($0.04)$0.73$1.07$1.11$0.79$0.23$1.02
   
Dividends per share   [+]$0.19$0.19$0.19$0.19$0.19$0.17$0.17$0.17
   
Shares outstanding (basic)   [+]272.0277.0276.0278.0279.0284.0283.0285.0
Shares outstanding (diluted)   [+]274.0278.0278.0279.0281.0286.0285.0287.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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