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EA Financial Statements and Analysis

NASDAQ : EA

Electronic Arts Inc.

$121.25
-1.66-1.35%
At Close 4:00 PM
$124.20
2.95+2.43%
Pre-Market 05:59 AM
53.9
B-ESG ScoreESG Rating

EA FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

EA Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20252025202420242024
periodQ2Q1Q4Q3Q2
revenue2.025B1.653B1.779B1.945B1.914B
cost of revenue456.00M280.00M400.00M529.00M456.00M
gross profit1.569B1.373B1.379B1.416B1.458B
gross profit ratio0.7750.8310.7750.7280.762
research and development expenses650.00M627.00M638.00M584.00M602.00M
general and administrative expenses197.00M180.00M185.00M170.00M173.00M
selling and marketing expenses272.00M205.00M234.00M276.00M280.00M
selling general and administrative expenses469.00M377.00M419.00M446.00M453.00M
other expenses019.00M-28.00M028.00M
operating expenses1.117B1.004B1.057B1.03B1.055B
cost and expenses1.566B1.284B1.457B1.559B1.511B
interest income0037.00M32.00M14.00M
interest expense14.00M30.00M26.00M17.00M14.00M
depreciation and amortization122.00M80.00M149.00M82.00M85.00M
ebitda535.00M446.00M424.00M447.00M493.00M
ebitda ratio0.2640.2720.2650.1880.197
operating income384.00M369.00M322.00M365.00M377.00M
operating income ratio0.190.2230.1810.1880.197
total other income expenses net15.00M30.00M26.00M17.00M14.00M
income before tax399.00M394.00M260.00M382.00M391.00M
income before tax ratio0.1970.2380.1460.1960.204
income tax expense105.00M114.00M78.00M92.00M-8.00M
net income294.00M280.00M182.00M290.00M399.00M
net income ratio0.1450.1690.1020.1490.208
eps1.111.050.681.081.47
eps diluted1.111.040.671.071.47
weighted average shs out264.00M266.00M267.00M269.00M271.00M
weighted average shs out dil266.00M268.00M270.00M271.00M272.00M
Graph

EA Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20252025202420242024
periodQ2Q1Q4Q3Q2
cash and cash equivalents2.197B2.40B2.90B2.742B1.946B
short term investments366.00M366.00M362.00M362.00M359.00M
cash and short term investments2.563B2.766B3.262B3.104B2.305B
net receivables1.012B433.00M565.00M867.00M1.047B
inventory00000
other current assets397.00M388.00M420.00M378.00M492.00M
total current assets3.972B3.587B4.247B4.349B3.844B
property plant equipment net578.00M558.00M578.00M561.00M542.00M
goodwill5.381B5.379B5.379B5.382B5.378B
intangible assets346.00M373.00M400.00M501.00M538.00M
goodwill and intangible assets5.727B5.752B5.779B5.883B5.916B
long term investments00000
tax assets2.431B2.393B2.38B2.375B2.353B
other non current assets428.00M418.00M436.00M449.00M484.00M
total non current assets9.164B9.121B9.173B9.268B9.295B
other assets00000
total assets13.136B12.708B13.42B13.617B13.139B
account payables171.00M80.00M110.00M62.00M152.00M
short term debt69.00M71.00M66.00M71.00M70.00M
tax payables552.00M525.00M497.00M482.00M458.00M
deferred revenue1.554B1.466B1.814B1.987B1.498B
other current liabilities441.00M326.00M2.417B678.00M2.108B
total current liabilities2.787B2.468B3.09B3.28B2.788B
long term debt1.883B1.882B1.882B1.881B1.881B
deferred revenue non current000482.00M458.00M
deferred tax liabilities non current01.00M1.00M2.00M1.00M
other non current liabilities1.058B957.00M934.00M921.00M894.00M
total non current liabilities2.941B2.84B2.817B2.804B2.776B
other liabilities00000
capital lease obligations69.00M71.00M66.00M71.00M70.00M
total liabilities5.728B5.308B5.907B6.084B5.564B
preferred stock00000
common stock3.00M3.00M3.00M3.00M3.00M
retained earnings7.52B7.457B7.582B7.614B7.606B
accumulated other comprehensive income loss-115.00M-60.00M-72.00M-84.00M-34.00M
other total stockholders equity00000
total stockholders equity7.408B7.40B7.513B7.533B7.575B
total equity7.408B7.40B7.513B7.533B7.575B
total liabilities and stockholders equity13.136B12.708B13.42B13.617B13.139B
minority interest00000
total investments366.00M366.00M362.00M362.00M359.00M
total debt1.952B2.146B1.882B1.952B1.881B
net debt-245.00M-254.00M-1.018B-790.00M-65.00M
Graph

EA Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-03-312023-12-312023-09-302023-06-302023-03-31
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420242023
periodQ4Q3Q2Q1Q4
deferred income tax-6.00M-20.00M201.00M-93.00M-18.00M
stock based compensation148.00M151.00M155.00M130.00M142.00M
change in working capital107.00M741.00M-527.00M-261.00M314.00M
accounts receivables303.00M183.00M-534.00M167.00M152.00M
inventory-184.00M-183.00M534.00M-167.00M-152.00M
accounts payables30.00M-93.00M75.00M-18.00M31.00M
other working capital-226.00M834.00M-602.00M-243.00M283.00M
other non cash items113.00M20.00M-201.00M93.00M18.00M
net cash provided by operating activities580.00M1.264B112.00M359.00M617.00M
investments in property plant and equipment-51.00M-52.00M-51.00M-45.00M-47.00M
acquisitions net-56.00M-1.00M12.00M45.00M-10.00M
purchases of investments-180.00M-147.00M-163.00M-150.00M-142.00M
sales maturities of investments182.00M148.00M151.00M151.00M152.00M
other investing activites2.00M1.00M-12.00M-45.00M10.00M
net cash used for investing activites-49.00M-51.00M-63.00M-44.00M-37.00M
debt repayment00000
common stock issued34.00M3.00M40.00M033.00M
common stock repurchased-325.00M-325.00M-325.00M-325.00M-325.00M
dividends paid-51.00M-51.00M-51.00M-52.00M-52.00M
other financing activites-18.00M-58.00M-15.00M-105.00M-14.00M
net cash used provided by financing activities-360.00M-431.00M-351.00M-482.00M-358.00M
effect of forex changes on cash-13.00M14.00M-11.00M2.00M41.00M
net change in cash158.00M796.00M-313.00M-165.00M222.00M
cash at end of period2.90B2.742B1.946B2.259B2.424B
cash at beginning of period2.742B1.946B2.259B2.424B2.202B
operating cashflow580.00M1.264B112.00M359.00M617.00M
capital expenditure-51.00M-52.00M-51.00M-45.00M-47.00M
free cash flow529.00M1.212B61.00M314.00M570.00M
Graph

Frequently Asked Questions

How did Electronic Arts Inc. do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, EA generated $2.03B in revenue last quarter, while its costs came in at $456.00M.

Last quarter, how much Gross Profit did Electronic Arts Inc. report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. Electronic Arts Inc. reported a $1.57B Gross Profit for the quarter ended Mar 31, 2024.

Have EA's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. EA incurred $1.12B worth of Operating Expenses, while it generated $384.00M worth of Operating Income.

How much Net Income has EA posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from Electronic Arts Inc., the company generated $294.00M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did Electronic Arts Inc. have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to Electronic Arts Inc. as of the end of the last quarter was $2.20B.

What are EA's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, EA had Total Net Receivables of $1.01B.

In terms of Total Assets and Current Assets, where did Electronic Arts Inc. stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of EA were $3.97B, while the Total Assets stand at $13.14B.

As of the last quarter, how much Total Debt did Electronic Arts Inc. have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of EA's debt was $1.95B at the end of the last quarter.

What were EA's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, EA reported total liabilities of $5.73B.

How much did EA's Working Capital change over the last quarter?

Working Capital Change for EA was $107.00M over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

EA generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. EA generated $580.00M of Cash from Operating Activities during its recently reported quarter.

What was EA's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. EA reported a $158.00M Net Change in Cash in the most recent quarter.

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