Electronic Arts (EA) Revenue — Quarter Ended Jun 30, 2023
Revenue for the quarter ended June 30, 2023 rose compared to both the prior quarter and the same quarter last year. The growth was supported by continued strong performance across the company's portfolio.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q1
Revenue for the quarter ended June 30, 2023 rose compared to both the prior quarter and the same quarter last year. The growth was supported by continued strong performance across the company's portfolio.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.9B
Revenue reported for this quarter.
Quarter-over-quarter
+2.7%
Change from the immediately preceding quarter.
Year-over-year
+24.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $1.9B | +4.3% |
| Dec 31, 2022 | $1.9B | +5.1% |
| Mar 31, 2023 | $1.9B | +2.7% |
| Jun 30, 2023 | $1.9B | +24.0% |
Revenue performance
Reported revenue increased from the immediately preceding quarter, marking a sequential improvement. The comparison to the same quarter one year earlier also showed a substantial gain.
Quarterly comparison
The revenue for this quarter was higher than both the prior quarter and the same quarter a year ago. The year-over-year increase was notably larger than the sequential change.
What to watch
Given the sequential and year-over-year growth, monitor whether the company can sustain this revenue momentum in upcoming quarters.