# EDGAR Filing Document

**Accession Number:** 0000712515
**File Stem:** 0000712515-26-000012
**Filing Date:** 2026-2
**Character Count:** 48261
**Document Hash:** cb495a7c5af9efd10a56e2391d363f84
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000712515-26-000012.hdr.sgml**: 20260203

**ACCESSION NUMBER**: 0000712515-26-000012

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20260129

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260203

**DATE AS OF CHANGE**: 20260203

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ELECTRONIC ARTS INC.
- **CENTRAL INDEX KEY:** 0000712515
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 942838567
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-17948
- **FILM NUMBER:** 26592898

**BUSINESS ADDRESS:**
- **STREET 1:** 209 REDWOOD SHORES PARKWAY
- **CITY:** REDWOOD CITY
- **STATE:** CA
- **ZIP:** 94065
- **BUSINESS PHONE:** 650-628-1500

**MAIL ADDRESS:**
- **STREET 1:** 209 REDWOOD SHORES PARKWAY
- **CITY:** REDWOOD CITY
- **STATE:** CA
- **ZIP:** 94065

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ELECTRONIC ARTS INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ELECTRONIC ARTS
- **DATE OF NAME CHANGE:** 19911211

?xml version='1.0' encoding='ASCII'? ea-20260129

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

**FORM 8-K** 

**CURRENT REPORT** 

**Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934** 

Date of report (Date of earliest event reported) **January 29, 2026&nbsp;&nbsp;&nbsp;&nbsp;** 

**ELECTRONIC ARTS INC.** 

(Exact Name of Registrant as Specified in Its Charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **0-17948** | **94-2838567** |
| **(State or Other Jurisdiction of Incorporation)** | **(Commission File Number)** | **(IRS Employer Identification No.)** |

---

---

| | | | |
|:---|:---|:---|:---|
| **209 Redwood Shores Parkway,** | **Redwood City,** | **California** | **94065-1175** |
| (Address of Principal Executive Offices) | (Address of Principal Executive Offices) | (Address of Principal Executive Offices) | (Zip Code) |

---

---

| | |
|:---|:---|
| **(650)** | **628-1500** |
| (Registrant's Telephone Number, Including Area Code) | (Registrant's Telephone Number, Including Area Code) |

---

(Former Name or Former Address, if Changed Since Last Report) <br> 

---

| | |
|:---|:---|
| Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (*see* General Instruction A.2. below): | Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (*see* General Instruction A.2. below): |
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |

---

---

| | | |
|:---|:---|:---|
| Securities registered pursuant to Section 12(b) of the Act: | Securities registered pursuant to Section 12(b) of the Act: | Securities registered pursuant to Section 12(b) of the Act: |
| Title of Each Class | Trading Symbol | Name of Each Exchange on Which Registered |
| Common Stock, $0.01 par value | EA | NASDAQ Global Select Market |

---

---

| | |
|:---|:---|
| Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933(17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). | Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933(17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Emerging growth company | ☐ |
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | ☐ |

---

------

**Item 2.02&nbsp;&nbsp;&nbsp;&nbsp;Result of Operations and Financial Condition.**

On February 3, 2026, Electronic Arts Inc. ("Electronic Arts" or "EA") issued a press release announcing its financial results for the third fiscal quarter ended December 31, 2025. A copy of the press release is attached hereto as Exhibit 99.1.

Neither the information in this Form 8-K nor the information in the press release attached hereto as Exhibit 99.1 shall be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

**Item 8.01&nbsp;&nbsp;&nbsp;&nbsp;Other Events.**

On January 29, 2026, the Audit Committee of EA, on behalf of EA's full Board of Directors declared a cash dividend of $0.19 per share of EA's common stock. The dividend is payable on March 18, 2026 to stockholders of record as of the close of business on February 25, 2026.

**Item 9.01&nbsp;&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits.**

**(d) Exhibits.**

---

| | |
|:---|:---|
| Exhibit No. | Description |
| 99.1 | Press release dated February 3, 2026, relating to Electronic Arts Inc.'s financial results for its third fiscal quarter ended December 31, 2025. |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |

---

------

**INDEX TO EXHIBITS**

---

| | |
|:---|:---|
| *Exhibit No.* | *Description* |
| <u>[99.1](earningspressrelease2026_0.htm)</u> | <u>[Press release dated](earningspressrelease2026_0.htm)[February 3, 2026](earningspressrelease2026_0.htm)[, relating to Electronic Arts Inc.'s financial results for its](earningspressrelease2026_0.htm)[third](earningspressrelease2026_0.htm)[fiscal quarter ended](earningspressrelease2026_0.htm)[December 31](earningspressrelease2026_0.htm)[, 202](earningspressrelease2026_0.htm)[5](earningspressrelease2026_0.htm)[.](earningspressrelease2026_0.htm)</u> |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |

---

------

**SIGNATURE** 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
| | | | **ELECTRONIC ARTS INC.** |
| Dated: | February 3, 2026 | By: | /s/ Stuart Canfield |
|  |  |  | Stuart Canfield |
|  |  |  | Chief Financial Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

![earningspressrelease_q3fy2a.jpg](earningspressrelease_q3fy2a.jpg)

***Record Quarterly Net Bookings Driven by Battlefield™ 6's Landmark Launch***

***Continued Franchise Momentum Across EA SPORTS FC™ and Apex Legends™***

**REDWOOD CITY, CA. – February 3, 2026** – Electronic Arts Inc. (NASDAQ: EA) today announced preliminary financial results for its third fiscal quarter ended December 31, 2025.

**<u>Selected Operating Highlights and Metrics</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Net bookings<sup>1</sup> for the quarter totaled $3.046 billion, up 38% year-over-year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Battlefield™ 6 was the best-selling shooter title of 2025, setting new franchise engagement records.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• EA SPORTS FC™ net bookings increased high single digits year-over-year in Q3, excluding the benefit of deluxe edition content timing, driven by strength in Ultimate Team™ and FC Mobile.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Apex Legends™ momentum continued in Q3 with net bookings up double-digits year-over-year driven by innovative new features and events.

**<u>Selected Financial Highlights and Metrics</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Net revenue was $1.901 billion for the quarter.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Net cash provided by operating activities was $1.826 billion for the quarter and $2.522 billion for the trailing twelve months.

**<u>Dividend</u>**

EA has declared a quarterly cash dividend of $0.19 per share of the Company's common stock, payable on March 18, 2026 to stockholders of record as of the close of business on February 25, 2026.

------

**<u>Quarterly Financial Highlights</u>**

---

| | | |
|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** |
| | **December 31,** | **December 31,** |
| (in $ millions, except per share amounts) | **2025** | **2024** |
| Full game | 632 | 599 |
| Live services and other | 1269 | 1284 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total net revenue | 1901 | 1883 |
| Net income | 88 | 293 |
| Diluted earnings per share | 0.35 | 1.11 |
| Operating cash flow | 1826 | 1176 |
| Value of shares repurchased |  | 375 |
| Number of shares repurchased |  | 2.4 |
| Cash dividend paid | 47 | 50 |

---

**<u>Trailing Twelve Months Financial Highlights</u>**

---

| | | |
|:---|:---|:---|
| | **Twelve Months Ended** | **Twelve Months Ended** |
| | **December 31,** | **December 31,** |
| (in $ millions) | **2025** | **2024** |
| Full game | 1976 | 1898 |
| Live services and other | 5330 | 5449 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total net revenue | 7306 | 7347 |
| Net income | 680 | 1049 |
| Operating cash flow | 2522 | 2110 |
| Value of shares repurchased | 2125 | 1450 |
| Number of shares repurchased | 15.1 | 10.1 |

---

**<u>Operating Metric</u>**

The following is a calculation of our total net bookings for the periods presented:

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Three Months Ended <br>December 31,** | **Three Months Ended <br>December 31,** | **Twelve Months Ended<br>December 31,** | **Twelve Months Ended<br>December 31,** |
| (in $ millions) | **2025** | **2024** | **2025** | **2024** |
| Total net revenue | 1901 | 1883 | 7306 | 7347 |
| Change in deferred net revenue (online-enabled games) | 1145 | 332 | 655 | (125) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total net bookings | 3046 | 2215 | 7961 | 7222 |

---

------

**<u>Pending Acquisition by Investor Consortium</u>**

On September 29, 2025, EA announced that it has entered into a definitive agreement to be acquired by an investor consortium ("the Consortium") comprised of The Public Investment Fund, private investment funds affiliated with Silver Lake Group, L.L.C. and private investment funds affiliated with Affinity Partners in an all-cash transaction that values EA at an enterprise value of approximately $55 billion. The transaction is expected to close in the first quarter of fiscal 2027 and is subject to customary closing conditions, including receipt of required regulatory approvals. For additional information, please refer to EA's filings with the Securities and Exchange Commission.

**<u>Conference Call and Supporting Documents</u>**

Given the pending transaction, Electronic Arts will not be hosting an earnings conference call this quarter.

For further information and discussion of EA's financial results, please refer to the financial model of EA's historical results posted on EA's IR Website at http://ir.ea.com and EA's upcoming Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2025.

**Forward-Looking Statements**

Some statements set forth in this release contain forward-looking statements that are subject to change. Statements including words such as "anticipate," "believe," "expect," "intend," "estimate," "plan," "predict," "seek," "goal," "will," "may," "likely," "should," "could" (and the negative of any of these terms), "future" and similar expressions also identify forward-looking statements. These forward-looking statements are not guarantees of future performance and reflect management's current expectations. Our actual results could differ materially from those discussed in the forward-looking statements. Some of the factors which could cause the Company's results to differ materially from its expectations include the following: sales of the Company's products and services; the Company's ability to develop and support digital products and services, including managing online security and privacy; outages of our products, services and technological infrastructure; the Company's ability to manage expenses; the competition in the interactive entertainment industry; governmental regulations; the effectiveness of the Company's sales and marketing programs; timely development and release of the Company's products and services; the Company's ability to realize the anticipated benefits of, and integrate, acquisitions; the consumer demand for, and the availability of an adequate supply of console hardware units; the Company's ability to predict consumer preferences and trends; the Company's ability to develop and implement new technology; foreign currency exchange rate fluctuations; economic and geopolitical conditions; changes in our tax rates or tax laws; the timing, receipt and terms and conditions of any required governmental and regulatory approvals of the proposed transaction with the Consortium that could delay the consummation of the proposed transaction or cause the parties to abandon the proposed transaction; the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement entered into in connection with the proposed transaction; the risk that the parties to the proposed transaction may not be able to satisfy the conditions to the proposed transaction in a timely manner or at all; risks related to disruption of the Company's business resulting from the proposed transaction, including disruption of management time from ongoing business operations due to the proposed transaction; risks relating to certain restrictions during the pendency of the proposed transaction that may impact the ability of the Company to pursue certain business opportunities or strategic transactions; the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of the Company's common stock, including if the proposed transaction is not consummated; the risk of any unexpected costs or expenses resulting from the proposed transaction; the risk of any litigation relating to the proposed transaction; the risk that the proposed transaction and its announcement could have an adverse effect on the ability of the Company to retain and hire key personnel and to maintain relationships with customers, vendors, partners, employees, stockholders and

------

other business relationships and on its operating results and business generally; the risks and uncertainties that are described in the proxy statement that the Company has filed with the Securities Exchange Commission in connection with the proposed transaction; and other factors described in Part II, Item 1A of Electronic Arts' latest Quarterly Report on Form 10-Q under the heading "Risk Factors", as well as in other documents we have filed with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended March 31, 2025.

These forward-looking statements are current as of February 3, 2026. Electronic Arts assumes no obligation to revise or update any forward-looking statement, except as required by law. In addition, the preliminary financial results set forth in this release are estimates based on information currently available to Electronic Arts.

While Electronic Arts believes these estimates are meaningful, they could differ from the actual amounts that Electronic Arts ultimately reports in its Form 10-Q for the fiscal quarter ended December 31, 2025. Electronic Arts assumes no obligation and does not intend to update these estimates prior to filing its Form 10-Q for the fiscal quarter ended December 31, 2025.

**About Electronic Arts**

Electronic Arts (NASDAQ: EA) is a global leader in digital interactive entertainment. The Company develops and delivers games, content and online services for Internet-connected consoles, mobile devices and personal computers.

In fiscal year 2025, EA posted GAAP net revenue of approximately $7.5 billion. Headquartered in Redwood City, California, EA is recognized for a portfolio of critically acclaimed, high-quality brands such as EA SPORTS FC™, Battlefield™, Apex Legends™, The Sims™, EA SPORTS™ Madden NFL, EA SPORTS™ College Football, Need for Speed™, Dragon Age™, Titanfall™, Plants vs. Zombies™ and EA SPORTS F1<sup>®</sup>. More information about EA is available at www.ea.com/news.

EA, EA SPORTS, EA SPORTS FC, Battlefield, Need for Speed, Apex Legends, The Sims, Dragon Age, Titanfall, and Plants vs. Zombies are trademarks of Electronic Arts Inc. John Madden, NFL, and F1 are the property of their respective owners and used with permission.

For additional information, please contact:

---

| | |
|:---|:---|
| Andrew Uerkwitz | Justin Higgs |
| Vice President, Investor Relations | Vice President, Corporate Communications |
| 650-674-7191 | 925-502-9253 |
| auerkwitz@ea.com | jhiggs@ea.com |

---

<sup>1</sup> Net bookings is defined as the net amount of products and services sold digitally or sold-in physically in the period. Net bookings is calculated by adding total net revenue to the change in deferred net revenue for online-enabled games.

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** |
| **Unaudited Condensed Consolidated Statements of Operations** | **Unaudited Condensed Consolidated Statements of Operations** | **Unaudited Condensed Consolidated Statements of Operations** | **Unaudited Condensed Consolidated Statements of Operations** | **Unaudited Condensed Consolidated Statements of Operations** |
| **(in $ millions, except per share data)** | **(in $ millions, except per share data)** | **(in $ millions, except per share data)** | **(in $ millions, except per share data)** | **(in $ millions, except per share data)** |
| | **Three Months Ended <br>December 31,** | **Three Months Ended <br>December 31,** | **Nine Months Ended December 31,** | **Nine Months Ended December 31,** |
| | **Three Months Ended <br>December 31,** | **Three Months Ended <br>December 31,** | **Nine Months Ended December 31,** | **Nine Months Ended December 31,** |
|  | **2025** | **2024** | **2025** | **2024** |
| **Net revenue** | **1901** | **1883** | **5411** | **5568** |
| **Cost of revenue** | **498** | **456** | **1220** | **1175** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Gross profit** | **1403** | **1427** | **4191** | **4393** |
| Operating expenses: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Research and development | 704 | 606 | 2096 | 1883 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marketing and sales | 356 | 251 | 874 | 728 |
| &nbsp;&nbsp;&nbsp;&nbsp;General and administrative | 199 | 176 | 572 | 553 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amortization of intangibles | 17 | 16 | 51 | 50 |
| &nbsp;&nbsp;&nbsp;&nbsp;Restructuring |  | 1 |  | 54 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total operating expenses | 1276 | 1050 | 3593 | 3268 |
| **Operating income** | **127** | **377** | **598** | **1125** |
| Interest and other income (expense), net | 4 | 28 | 3 | 73 |
| Income before provision for income taxes | 131 | 405 | 601 | 1198 |
| Provision for income taxes | 43 | 112 | 175 | 331 |
| **Net income** | **88** | **293** | **426** | **867** |
| **Earnings per share** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Basic** | **0.35** | **1.12** | **1.70** | **3.28** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Diluted** | **0.35** | **1.11** | **1.68** | **3.26** |
| **Number of shares used in computation** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Basic** | **250** | **262** | **250** | **264** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Diluted** | **253** | **265** | **253** | **266** |

---

------

---

| | | |
|:---|:---|:---|
| **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** |
| **Unaudited Condensed Consolidated Balance Sheets** | **Unaudited Condensed Consolidated Balance Sheets** | **Unaudited Condensed Consolidated Balance Sheets** |
| **(in $ millions)** | **(in $ millions)** | **(in $ millions)** |
| | **December 31, 2025** | **March 31, 2025**<sup>1</sup> |
| **ASSETS** | | |
| &nbsp;&nbsp;&nbsp;&nbsp;Current assets: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash and cash equivalents | 2784 | 2136 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | 115 | 112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivables, net | 829 | 679 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other current assets | 380 | 349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total current assets** | **4108** | **3276** |
| &nbsp;&nbsp;&nbsp;&nbsp;Property and equipment, net | 600 | 586 |
| &nbsp;&nbsp;&nbsp;&nbsp;Goodwill | 5388 | 5376 |
| &nbsp;&nbsp;&nbsp;&nbsp;Acquisition-related intangibles, net | 219 | 293 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deferred income taxes, net | 2451 | 2420 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other assets | 514 | 417 |
| **TOTAL ASSETS** | **13280** | **12368** |
| **LIABILITIES AND STOCKHOLDERS' EQUITY** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Current liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts payable, accrued, and other current liabilities | 1546 | 1359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred net revenue (online-enabled games) | 2490 | 1700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Senior notes, current, net | 400 | 400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total current liabilities** | **4436** | **3459** |
| &nbsp;&nbsp;&nbsp;&nbsp;Senior notes, net | 1485 | 1484 |
| &nbsp;&nbsp;&nbsp;&nbsp;Income tax obligations | 719 | 594 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other liabilities | 488 | 445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total liabilities** | **7128** | **5982** |
| &nbsp;&nbsp;&nbsp;&nbsp;Stockholders' equity: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common stock | 3 | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Additional paid-in capital | 82 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Retained earnings | 6194 | 6470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulated other comprehensive loss | (127) | (87) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total stockholders' equity** | **6152** | **6386** |
| **TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY** | **13280** | **12368** |

---

<sup>1</sup>Derived from audited consolidated financial statements.

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** |
| **Unaudited Condensed Consolidated Statements of Cash Flows** | **Unaudited Condensed Consolidated Statements of Cash Flows** | **Unaudited Condensed Consolidated Statements of Cash Flows** | **Unaudited Condensed Consolidated Statements of Cash Flows** | **Unaudited Condensed Consolidated Statements of Cash Flows** |
| **(in $ millions)** | **(in $ millions)** | **(in $ millions)** | **(in $ millions)** | **(in $ millions)** |
| | **Three Months Ended December 31,** | **Three Months Ended December 31,** | **Nine Months Ended December 31,** | **Nine Months Ended December 31,** |
|  | **2025** | **2024** | **2025** | **2024** |
| **OPERATING ACTIVITIES** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net income | 88 | 293 | 426 | 867 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Depreciation, amortization, accretion and impairment | 79 | 75 | 240 | 277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock-based compensation | 178 | 163 | 504 | 480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change in assets and liabilities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivables, net | 247 | 268 | (151) | (179) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other assets | (21) | 41 | (89) | 21 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts payable, accrued, and other liabilities | 88 | 44 | 284 | 161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred income taxes, net | 3 | (39) | (30) | (89) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred net revenue (online-enabled games) | 1164 | 331 | 789 | (8) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Net cash provided by operating activities** | **1826** | **1176** | **1973** | **1530** |
| **INVESTING ACTIVITIES** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital expenditures | (54) | (50) | (169) | (167) |
| &nbsp;&nbsp;&nbsp;&nbsp;Proceeds from maturities and sales of short-term investments | 15 | 127 | 87 | 366 |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchase of short-term and other investments | (18) | (139) | (115) | (376) |
| &nbsp;&nbsp;&nbsp;&nbsp;Acquisitions, net of cash acquired |  |  | (17) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Net cash used in investing activities** | **(57)** | **(62)** | **(214)** | **(177)** |
| **FINANCING ACTIVITIES** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Proceeds from issuance of common stock |  | 1 | 45 | 43 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cash dividends paid | (47) | (50) | (143) | (151) |
| &nbsp;&nbsp;&nbsp;&nbsp;Cash paid to taxing authorities for shares withheld from employees | (89) | (72) | (266) | (211) |
| &nbsp;&nbsp;&nbsp;&nbsp;Common stock repurchases and excise taxes paid |  | (383) | (769) | (1133) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Net cash used in financing activities** | **(136)** | **(504)** | **(1133)** | **(1452)** |
| **Effect of foreign exchange on cash and cash equivalents** | **3** | **(31)** | **22** | **(25)** |
| **Change in cash and cash equivalents** | **1636** | **579** | **648** | **(124)** |
| Beginning cash and cash equivalents | 1148 | 2197 | 2136 | 2900 |
| **Ending cash and cash equivalents** | **2784** | **2776** | **2784** | **2776** |

---

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** |
| **Unaudited Supplemental Financial Information and Business Metrics** | **Unaudited Supplemental Financial Information and Business Metrics** | **Unaudited Supplemental Financial Information and Business Metrics** | **Unaudited Supplemental Financial Information and Business Metrics** | **Unaudited Supplemental Financial Information and Business Metrics** | **Unaudited Supplemental Financial Information and Business Metrics** | **Unaudited Supplemental Financial Information and Business Metrics** |
| **(in $ millions, except per share data)** | **(in $ millions, except per share data)** | **(in $ millions, except per share data)** | **(in $ millions, except per share data)** | **(in $ millions, except per share data)** | **(in $ millions, except per share data)** | **(in $ millions, except per share data)** |
| | **Q3** | **Q4** | **Q1** | **Q2** | **Q3** | **YOY %** |
| | **FY25** | **FY25** | **FY26** | **FY26** | **FY26** | **Change** |
| **Net revenue** | | | | | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Net revenue** | **1883** | **1895** | **1671** | **1839** | **1901** | ***1*** *%*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GAAP-based financial data |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change in deferred net revenue (online-enabled games)<sup>2</sup> | 332 | (96) | (373) | (21) | 1145 |  |
| **Gross profit** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Gross profit** | **1427** | **1527** | **1392** | **1396** | **1403** | ***(2*** ***%)*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Gross profit (as a % of net revenue)* | *76 %* | *81 %* | *83 %* | *76 %* | *74 %* |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GAAP-based financial data |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Acquisition-related expenses | 10 | 10 | 10 | 9 | 9 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change in deferred net revenue (online-enabled games)<sup>2</sup> | 332 | (96) | (373) | (21) | 1145 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock-based compensation | 3 | 3 | 3 | 3 | 3 |  |
| **Operating income** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Operating income** | **377** | **395** | **271** | **200** | **127** | ***(66*** ***%)*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Operating income (as a % of net revenue)* | *20 %* | *21 %* | *16 %* | *11 %* | *7 %* |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GAAP-based financial data |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Acquisition-related expenses\* | 26 | 27 | 27 | 26 | 53 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change in deferred net revenue (online-enabled games)<sup>2</sup> | 332 | (96) | (373) | (21) | 1145 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Restructuring and related charges |  | 4 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock-based compensation | 163 | 162 | 152 | 174 | 178 |  |
| **Net income** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Net income** | **293** | **254** | **201** | **137** | **88** | ***(70*** ***%)*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Net income (as a % of net revenue)* | *16 %* | *13 %* | *12 %* | *7 %* | *5 %* |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GAAP-based financial data |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Acquisition-related expenses\* | 26 | 27 | 27 | 26 | 53 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change in deferred net revenue (online-enabled games)<sup>2</sup> | 332 | (96) | (373) | (21) | 1145 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Restructuring and related charges |  | 4 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock-based compensation | 163 | 162 | 152 | 174 | 178 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tax rate used for management reporting | 19% | 19% | 19% | 19% | 19% |  |
| **Diluted earnings per share** | **1.11** | **0.98** | **0.79** | **0.54** | **0.35** | ***(68*** ***%)*** |
| **Number of shares used in computation** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Basic** | **262** | **257** | **251** | **250** | **250** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Diluted** | **265** | **259** | **254** | **252** | **253** |  |

---

<sup>2</sup>The change in deferred net revenue (online-enabled games) in the unaudited condensed consolidated statements of cash flows does not necessarily equal the change in deferred net revenue (online-enabled games) in the unaudited condensed consolidated statements of operations primarily due to the impact of gains/losses on cash flow hedges.

\*Includes (i) amortization and impairment of intangibles, and (ii) fees and other direct expenses related to our proposed transaction with the Consortium announced on September 29, 2025.

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** |
| **Unaudited Supplemental Financial Information and Business Metrics** | **Unaudited Supplemental Financial Information and Business Metrics** | **Unaudited Supplemental Financial Information and Business Metrics** | **Unaudited Supplemental Financial Information and Business Metrics** | **Unaudited Supplemental Financial Information and Business Metrics** | **Unaudited Supplemental Financial Information and Business Metrics** | **Unaudited Supplemental Financial Information and Business Metrics** |
| **(in $ millions)** | **(in $ millions)** | **(in $ millions)** | **(in $ millions)** | **(in $ millions)** | **(in $ millions)** | **(in $ millions)** |
| | **Q3** | **Q4** | **Q1** | **Q2** | **Q3** | **YOY %** |
| | **FY25** | **FY25** | **FY26** | **FY26** | **FY26** | **Change** |
| **QUARTERLY NET REVENUE PRESENTATIONS** | | | | | | |
| **Net revenue by composition** | | | | | | |
| &nbsp;&nbsp;&nbsp;&nbsp;Full game downloads | 446 | 367 | 233 | 401 | 546 | *22 %* |
| &nbsp;&nbsp;&nbsp;&nbsp;Packaged goods | 153 | 70 | 56 | 217 | 86 | *(44 %)* |
| &nbsp;&nbsp;&nbsp;Full game | 599 | 437 | 289 | 618 | 632 | *6 %* |
| &nbsp;&nbsp;&nbsp;Live services and other | 1284 | 1458 | 1382 | 1221 | 1269 | *(1 %)* |
| **Total net revenue** | **1883** | **1895** | **1671** | **1839** | **1901** | ***1*** *%*** |
| &nbsp;&nbsp;&nbsp;*Full game* | *32 %* | *23 %* | *17 %* | *34 %* | *33 %* |  |
| &nbsp;&nbsp;&nbsp;*Live services and other* | *68 %* | *77 %* | *83 %* | *66 %* | *67 %* |  |
| ***Total net revenue %*** | ***100*** *%*** | ***100*** *%*** | ***100*** *%*** | ***100*** *%*** | ***100*** *%*** |  |
| GAAP-based financial data |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Full game downloads | 25 | (27) | (46) | 37 | 451 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Packaged goods | 9 | (26) | (29) | 45 | 59 |  |
| &nbsp;&nbsp;&nbsp;Full game | 34 | (53) | (75) | 82 | 510 |  |
| &nbsp;&nbsp;&nbsp;Live services and other | 298 | (43) | (298) | (103) | 635 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total change in deferred net revenue (online-enabled games) by composition<sup>2</sup> | 332 | (96) | (373) | (21) | 1145 |  |
| **Net revenue by platform** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Console | 1215 | 1182 | 1007 | 1212 | 1182 | *(3 %)* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PC & Other | 392 | 426 | 374 | 352 | 465 | *19 %* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mobile | 276 | 287 | 290 | 275 | 254 | *(8 %)* |
| **Total net revenue** | **1883** | **1895** | **1671** | **1839** | **1901** | ***1*** *%*** |
| GAAP-based financial data |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Console | 275 | (86) | (317) | 1 | 747 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PC & Other | 33 | (11) | (54) | (6) | 343 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mobile | 24 | 1 | (2) | (16) | 55 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total change in deferred net revenue (online-enabled games) by platform<sup>2</sup> | 332 | (96) | (373) | (21) | 1145 |  |

---

<sup>2</sup>The change in deferred net revenue (online-enabled games) in the unaudited condensed consolidated statements of cash flows does not necessarily equal the change in deferred net revenue (online-enabled games) in the unaudited condensed consolidated statements of operations primarily due to the impact of gains/losses on cash flow hedges.

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** |
| **Unaudited Supplemental Financial Information and Business Metrics** | **Unaudited Supplemental Financial Information and Business Metrics** | **Unaudited Supplemental Financial Information and Business Metrics** | **Unaudited Supplemental Financial Information and Business Metrics** | **Unaudited Supplemental Financial Information and Business Metrics** | **Unaudited Supplemental Financial Information and Business Metrics** | **Unaudited Supplemental Financial Information and Business Metrics** |
| **(in $ millions)** | **(in $ millions)** | **(in $ millions)** | **(in $ millions)** | **(in $ millions)** | **(in $ millions)** | **(in $ millions)** |
| | **Q3** | **Q4** | **Q1** | **Q2** | **Q3** | **YOY %** |
| | **FY25** | **FY25** | **FY26** | **FY26** | **FY26** | **Change** |
| **CASH FLOW DATA** | | | | | | |
| &nbsp;&nbsp;&nbsp;&nbsp;Investing cash flow | (62) | 214 | (89) | (68) | (57) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investing cash flow - TTM | (226) | 37 | 17 | (5) |  | *100 %* |
| &nbsp;&nbsp;&nbsp;&nbsp;Financing cash flow | (504) | (1411) | (568) | (429) | (136) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Financing cash flow - TTM | (1812) | (2863) | (2885) | (2912) | (2544) | *(40 %)* |
| &nbsp;&nbsp;&nbsp;&nbsp;Operating cash flow | 1176 | 549 | 17 | 130 | 1826 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Operating cash flow - TTM | 2110 | 2079 | 1976 | 1872 | 2522 | *20 %* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital expenditures | 50 | 54 | 72 | 43 | 54 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital expenditures - TTM | 218 | 221 | 226 | 219 | 223 | *2 %* |
| &nbsp;&nbsp;&nbsp;&nbsp;Free cash flow<sup>3</sup> | 1126 | 495 | (55) | 87 | 1772 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Free cash flow<sup>3</sup> - TTM | 1892 | 1858 | 1750 | 1653 | 2299 | *22 %* |
| &nbsp;&nbsp;&nbsp;&nbsp;Common stock repurchases and excise taxes paid | 383 | 1375 | 375 | 394 |  | *(100 %)* |
| &nbsp;&nbsp;&nbsp;&nbsp;Cash dividends paid | 50 | 48 | 48 | 48 | 47 | *(6 %)* |
| **DEPRECIATION** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Depreciation expense | 51 | 51 | 52 | 53 | 53 | *4 %* |
| **BALANCE SHEET DATA** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cash and cash equivalents | 2776 | 2136 | 1518 | 1148 | 2784 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | 379 | 112 | 112 | 112 | 115 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash and cash equivalents, and short-term investments | 3155 | 2248 | 1630 | 1260 | 2899 | *(8 %)* |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivables, net | 742 | 679 | 533 | 1077 | 829 | *12 %* |
| **STOCK-BASED COMPENSATION** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cost of revenue | 3 | 3 | 3 | 3 | 3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Research and development | 119 | 115 | 110 | 123 | 127 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Marketing and sales | 14 | 14 | 12 | 15 | 16 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;General and administrative | 27 | 30 | 27 | 33 | 32 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total stock-based compensation | 163 | 162 | 152 | 174 | 178 |  |
| **RESTRUCTURING AND RELATED CHARGES** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Restructuring | 1 | 3 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Office space reductions | (1) | 1 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total restructuring and related charges |  | 4 |  |  |  |  |

---

<sup>3</sup>Free cash flow is defined as Operating cash flow less Capital expenditures.

------

---

| | | | |
|:---|:---|:---|:---|
| **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** | **ELECTRONIC ARTS INC. AND SUBSIDIARIES** |
| **Unaudited Reconciliation of GAAP to Non-GAAP Financial Measures** | **Unaudited Reconciliation of GAAP to Non-GAAP Financial Measures** | **Unaudited Reconciliation of GAAP to Non-GAAP Financial Measures** | **Unaudited Reconciliation of GAAP to Non-GAAP Financial Measures** |
| **(in $ millions)** | **(in $ millions)** | **(in $ millions)** | **(in $ millions)** |
| The following table provides a reconciliation of non-GAAP operating income and margin to their most directly comparable GAAP financial measure for the three months ended December 31, 2025 plus a comparison to the actuals for the three months ended December 31, 2024. | The following table provides a reconciliation of non-GAAP operating income and margin to their most directly comparable GAAP financial measure for the three months ended December 31, 2025 plus a comparison to the actuals for the three months ended December 31, 2024. | The following table provides a reconciliation of non-GAAP operating income and margin to their most directly comparable GAAP financial measure for the three months ended December 31, 2025 plus a comparison to the actuals for the three months ended December 31, 2024. | The following table provides a reconciliation of non-GAAP operating income and margin to their most directly comparable GAAP financial measure for the three months ended December 31, 2025 plus a comparison to the actuals for the three months ended December 31, 2024. |
| The following table provides a reconciliation of non-GAAP operating income and margin to their most directly comparable GAAP financial measure for the three months ended December 31, 2025 plus a comparison to the actuals for the three months ended December 31, 2024. | The following table provides a reconciliation of non-GAAP operating income and margin to their most directly comparable GAAP financial measure for the three months ended December 31, 2025 plus a comparison to the actuals for the three months ended December 31, 2024. | The following table provides a reconciliation of non-GAAP operating income and margin to their most directly comparable GAAP financial measure for the three months ended December 31, 2025 plus a comparison to the actuals for the three months ended December 31, 2024. | The following table provides a reconciliation of non-GAAP operating income and margin to their most directly comparable GAAP financial measure for the three months ended December 31, 2025 plus a comparison to the actuals for the three months ended December 31, 2024. |
|  | **Three Months Ended** | **Three Months Ended** |  |
|  | **December 31** | **December 31** |  |
|  | **2025** | **2024** | **YOY % Change** |
| **Net revenue** | **1901** | **1883** | ***1%*** |
| **GAAP operating income** | **127** | **377** | ***(66%)*** |
| &nbsp;&nbsp;&nbsp;&nbsp;Acquisition-related expenses\* | 53 | 26 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Stock-based compensation | 178 | 163 |  |
| Non-GAAP operating income | 358 | 566 | *(37%)* |
| **GAAP operating margin** | **6.7%** | **20.0%** |  |
| Non-GAAP operating margin | 18.8% | 30.1% |  |
| Impact from change in deferred net revenue (online-enabled games) | 3,050 bps | 1,040 bps |  |

---

\*Includes (i) amortization and impairment of intangibles, and (ii) fees and other direct expenses related to our proposed transaction with the

Consortium announced on September 29, 2025.

------

**Non-GAAP Financial Measures**

As a supplement to the Company's financial measures presented in accordance with U.S. Generally Accepted Accounting Principles ("GAAP"), the Company presents certain non-GAAP measures of financial performance, including non-GAAP operating margin and free cash flow. These non-GAAP financial measures should not be considered as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP. In addition, these non-GAAP measures have limitations in that they do not reflect all of the items associated with the Company's results of operations as determined in accordance with GAAP. These non-GAAP financial measures do not reflect a comprehensive system of accounting and differ from GAAP measures with the same names and may differ from non-GAAP financial measures with the same or similar names that are used by other companies.

The non-GAAP financial measures exclude acquisition-related expenses, stock-based compensation, restructuring and related charges, and capital expenditures, as applicable in any given reporting period and our outlook. The Company may consider whether other significant items that arise in the future should be excluded from our non-GAAP financial measures. Management believes that these non-GAAP financial measures provide investors with additional useful information to better understand and evaluate the Company's operating results and future prospects because they exclude certain items that may not be indicative of the Company's core business, operating results, or future outlook. These non-GAAP financial measures, with further adjustments are used by management to understand ongoing financial and business performance.

The Company uses a tax rate of 19% internally to evaluate its operating performance and to forecast, plan, and analyze future periods. Accordingly, the Company applies the same tax rate to its management reporting financial results.

Investors are encouraged to review the related GAAP financial measures and the reconciliation of non-GAAP financial measures to their most directly comparable GAAP financial measure.

<br>