Electronic Arts has announced a significant leap in profitability, reporting a nearly 97.5% increase in net income for its first quarter of fiscal year 2027, which ended June 30, 2026. The company posted a net income of $397 million, up from $201 million in the same period last year. This impressive financial growth was driven by robust sales from popular titles such as Battlefield 6, Apex Legends, and the EA Sports FC series.
Overall revenue for the quarter reached $1.98 billion, a 19% increase year-over-year. Net bookings, a key performance indicator for deferred revenue, also saw a healthy rise of 4% to $1.35 billion. Games-as-a-service, a model that includes in-game purchases and subscriptions, continued to be a primary revenue driver, accounting for 74.1% of the company's total earnings. Digital sales, particularly for full game downloads, now represent a significant majority of units sold, underscoring the industry's shift away from physical media.
The strong quarterly results come as Electronic Arts nears the completion of its $55 billion take-private merger with an investor consortium, reportedly including the Saudi Arabian Public Investment Fund, Silver Lake, and Affinity Partners. The deal, which has received regulatory approval, is expected to close imminently. Despite the impending change in ownership, EA's performance highlights the continued strength and appeal of its gaming portfolio in the global market.
