Electronic Arts (EA) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter declined compared to both the preceding quarter and the same quarter last year. The trailing twelve-month revenue reflects the softer performance in the final quarter.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q4
Revenue for the quarter declined compared to both the preceding quarter and the same quarter last year. The trailing twelve-month revenue reflects the softer performance in the final quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.8B
Revenue reported for this quarter.
Quarter-over-quarter
-8.5%
Change from the immediately preceding quarter.
Year-over-year
-5.1%
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 |
|---|---|---|
| Jun 30, 2023 | $1.9B | +24.0% |
| Sep 30, 2023 | $1.9B | +0.5% |
| Dec 31, 2023 | $1.9B | +3.4% |
| Mar 31, 2024 | $1.8B | -5.1% |
Revenue performance
Reported revenue decreased from the prior quarter, continuing a deceleration trend seen in the latest period.
Quarterly comparison
Revenue was lower than the immediately preceding quarter and also fell relative to the same quarter one year earlier, marking a year-over-year decline.
What to watch
The filing's management discussion focuses on liquidity and capital resources rather than revenue drivers, leaving the cause of the decline unaddressed.