EA SEC Filings

Electronic Arts Inc. (EA) has filed an 8-K report on February 9, 2026, detailing a significant update regarding its proposed acquisition by an investor consortium. The key development is the expiration of the waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act, which is a crucial step towards closing the merger. The transaction, initially announced on September 28, 2025, involves EA being acquired by Oak-Eagle AcquireCo, Inc., a subsidiary of an entity formed by the Public Investment Fund (PIF), Silver Lake, and Affinity. While the HSR clearance is a positive step, investors should note that the merger is still contingent upon other regulatory approvals and customary closing conditions. The company anticipates the transaction will close during the first quarter of its fiscal year ending March 31, 2027, which spans from April 1, 2026, to June 30, 2026. This 8-K also reiterates the risks and uncertainties associated with the transaction, as previously disclosed in the merger agreement and SEC filings.

Electronic Arts Inc. (EA) has filed a Current Report on Form 8-K detailing its financial results for the third fiscal quarter ended December 31, 2025, with the press release attached as Exhibit 99.1. While the specific financial metrics are not detailed within the 8-K itself, the filing indicates that EA is announcing its performance for a key holiday quarter. Investors should refer to the attached press release for detailed revenue, earnings, and operational performance data. In addition to the financial results announcement, EA's Audit Committee has declared a quarterly cash dividend of $0.19 per share. This dividend is payable on March 18, 2026, to shareholders of record as of February 25, 2026. This dividend declaration demonstrates a commitment to returning value to shareholders, a factor that can influence investor sentiment.

Electronic Arts Inc. (EA) reported its quarterly results for the period ending December 31, 2025. Net revenue for the quarter was $1.901 billion, a slight increase of 1% year-over-year, primarily driven by strong performance in franchises like EA SPORTS FC, Battlefield, and EA SPORTS Madden NFL. However, operating income saw a significant decline of 66% year-over-year to $127 million, mainly due to a 22% increase in operating expenses, largely attributed to increased R&D and marketing spending, as well as merger-related fees. For the nine months ended December 31, 2025, net revenue was $5.411 billion, a decrease of 3% compared to the prior year, impacted by lower live services revenue and a decline in packaged goods sales. Despite the revenue dip, net cash provided by operating activities increased significantly by 30% to $1.973 billion, reflecting improved working capital management and lower tax payments. The company ended the period with a robust cash and cash equivalents balance of $2.784 billion. A significant development impacting the company is the proposed acquisition by an investor consortium for $210 per share in cash, which is expected to close in the first quarter of fiscal year 2027, subject to regulatory approvals. This impending transaction has led EA to suspend its share repurchase program.

Electronic Arts Inc. (EA) has announced the early redemption of its entire $400 million aggregate principal amount of 4.800% Notes due 2026, effective January 5, 2026. This action was executed using existing cash reserves and was completed at par value plus accrued interest. This redemption suggests a proactive approach by EA to manage its debt obligations, potentially to reduce future interest expenses or improve its capital structure. Investors should view this as a positive sign of financial flexibility and a commitment to optimizing the company's balance sheet.

Electronic Arts Inc. (EA) has filed an 8-K report detailing the results of a special meeting of stockholders held on December 22, 2025. The primary focus of this meeting was the proposed acquisition of EA by an investor consortium, which includes The Public Investment Fund, Silver Lake Group, L.L.C., and Affinity Partners. The critical Merger Agreement Proposal, necessary for the acquisition to proceed, received overwhelming approval from shareholders, with over 201 million shares voting in favor and a minimal number against or abstaining. Furthermore, a non-binding advisory vote on executive compensation related to the merger also passed, though with a slightly lower margin of approval. The strong shareholder support for the merger agreement indicates a significant step towards the potential acquisition of Electronic Arts by the investor consortium. Investors should closely monitor further developments regarding the completion of this transaction.

Electronic Arts Inc. (EA) has filed an 8-K report detailing supplemental information related to its previously announced merger with Oak-Eagle AcquireCo, Inc., a subsidiary of the Public Investment Fund (PIF), Silver Lake Technology Management, L.L.C., and A Fin Management LLC. The filing primarily supplements the definitive proxy statement with updated financial forecasts and the results of a discounted cash flow analysis performed by Goldman Sachs. These supplemental disclosures are provided in response to various lawsuits filed by stockholders alleging material omissions in the proxy statement regarding the merger, which EA believes are without merit. Investors should note the updated financial projections, including Net Bookings, Adjusted EBITDA, Cash Taxes, Depreciation, Change in Net Working Capital, Unlevered Free Cash Flow, and Tax Assets, spanning fiscal years 2026 through 2031. The report also provides details on Goldman Sachs' valuation analysis, which yielded a range of implied present values per share of $157 to $236 based on a discounted cash flow analysis and a range of $203 to $255 from a premia paid analysis. Management intends for most of the current senior management team to continue with the surviving entity post-merger, though no new individualized compensation arrangements have been finalized yet.

Electronic Arts Inc. (EA) reported its financial results for the fiscal quarter and six months ended September 30, 2025. For the quarter, net revenue was $1.839 billion, a decrease of 9% year-over-year, while net income was $137 million, down significantly from $294 million in the prior year period. Diluted earnings per share stood at $0.54. The company announced a definitive agreement to be acquired by an investor consortium for $210 per share in cash, expected to close in the first quarter of fiscal 2027. This significant development overshadows the current operational performance. While the company experienced a decline in net revenue and net income compared to the prior year, management highlighted ongoing trends in live services and digital game delivery as crucial for future growth. Despite the year-over-year revenue decline, net bookings for the quarter were $1.818 billion, reflecting underlying sales activity. Investors should closely monitor the progress of the proposed merger, including regulatory approvals and stockholder adoption, as this transaction represents the most material event for the company. Operationally, the continued strength of live services, particularly within sports franchises like EA SPORTS FC, remains a key revenue driver, even amidst competitive pressures and shifts in consumer spending patterns.

Electronic Arts Inc. (EA) has filed a Form 8-K detailing its second fiscal quarter financial results for the period ended September 30, 2025, announced via a press release on October 28, 2025. While specific financial performance metrics are not detailed within the 8-K itself, this filing serves as a notification to investors about the release of these results. Investors are directed to the accompanying press release (Exhibit 99.1) for comprehensive financial data, including revenue, profitability, and key performance indicators. The filing also includes a separate, important announcement regarding a declared cash dividend.

Electronic Arts Inc. (EA) has announced a definitive agreement to be acquired by an investor consortium, including The Public Investment Fund (PIF), Silver Lake Group, L.L.C., and Affinity Partners. The transaction is structured as a merger, with EA's wholly owned subsidiary surviving as a subsidiary of the acquiring entity. Under the terms of the Agreement and Plan of Merger, EA's common stockholders will receive $210 in cash per share. This all-cash offer represents a significant premium and will result in EA becoming a private company, with its stock delisted from the NASDAQ. The deal has been unanimously approved by EA's Board of Directors, who recommend that stockholders adopt the merger agreement. The acquisition is not subject to any financing condition, as the consortium has secured the necessary equity and debt commitments. The transaction is subject to customary closing conditions, including regulatory approvals (such as HSR, CFIUS, and other antitrust reviews) and stockholder approval. The outside date for the merger is September 28, 2026.

Electronic Arts Inc. (EA) filed an 8-K report on August 14, 2025, detailing key governance and shareholder matters. The most significant update for investors is the amendment and restatement of the Company's Change in Control Severance Plan. The material changes introduce a pro rata bonus for the year of termination, alongside adjustments to administrative provisions and market-aligned updates, ensuring executive retention and alignment with industry standards during potential change of control events. While specific severance amounts are not detailed in this filing, the plan's modifications are crucial for understanding executive compensation and potential payouts under specific circumstances. Additionally, the report covers the outcomes of EA's annual meeting of stockholders held on August 14, 2025. All incumbent directors were overwhelmingly re-elected, demonstrating strong shareholder confidence in the current board's leadership. Shareholders also provided an advisory approval for the named executive officer compensation and ratified the appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending March 31, 2026, indicating broad support for the company's operational and financial oversight.

Electronic Arts Inc. (EA) reported its first quarter results for fiscal year 2026, ending June 30, 2025. Total net revenue saw a slight increase of 1% year-over-year to $1,671 million. However, operating income declined by 26% to $271 million, and net income decreased by 28% to $201 million ($0.79 diluted EPS), primarily due to a significant 12% increase in operating expenses, driven by higher research and development investments and marketing spend. The company's cash position saw a notable decrease, with cash and cash equivalents falling to $1,518 million from $2,136 million at the prior quarter's end. This was largely driven by increased financing outflows, including substantial share repurchases totaling $375 million and excise taxes paid, as well as a significant drop in net cash provided by operating activities to $17 million from $120 million in the prior year period. Despite the cash outflow, EA returned $423 million to stockholders through share repurchases and dividends.

Electronic Arts Inc. (EA) filed an 8-K on July 28, 2025, to report its financial results for the first fiscal quarter ended June 30, 2025. The core of this filing is the press release, which details the company's performance and outlook. Investors should pay close attention to the revenue, profitability, and any forward-looking guidance provided in that press release to assess the company's current financial health and future prospects. In addition to the financial results, the company announced a quarterly cash dividend of $0.19 per share, payable in September to shareholders of record in August. This dividend declaration signals continued confidence in the company's ability to generate cash and return value to its stockholders.

Electronic Arts (EA) reported total net revenue of $7,463 million for the fiscal year ended March 31, 2025, a slight decrease of 1% year-over-year. This performance was primarily driven by its global football and American football franchises, Apex Legends, and The Sims 4. While overall revenue saw a marginal dip, the company's live services and other net revenue, which constitutes a significant 73% of total revenue, experienced a 2% decline to $5,461 million. Despite this, EA demonstrated improved profitability with a gross margin of 79.3%, up 2 percentage points year-over-year, and maintained operating income at $1,520 million. The company continues to focus on its live services model, particularly through its popular Ultimate Team modes within sports franchises, which remain material to its business. EA also returned substantial capital to shareholders, repurchasing $2.5 billion in stock and paying $199 million in dividends, underscoring a commitment to shareholder returns. The company faces intense competition and evolving market dynamics, with a significant portion of its revenue concentrated in its most popular franchises, highlighting the importance of continued innovation and player engagement.

Electronic Arts Inc. (EA) has filed an 8-K report on May 5, 2025, detailing its financial results for the fourth fiscal quarter and full fiscal year ended March 31, 2025. While the specific financial figures are not detailed within this 8-K, the filing references a press release (Exhibit 99.1) that provides these results. Investors should refer to this press release for comprehensive income statements, balance sheets, and cash flow statements. Beyond the financial results announcement, EA also declared a quarterly cash dividend of $0.19 per share. This demonstrates a commitment to returning capital to shareholders and provides a tangible benefit to long-term investors. The dividend is set to be paid on June 18, 2025, to shareholders of record on May 28, 2025.

Electronic Arts Inc. (EA) reported its financial results for the fiscal third quarter ending December 31, 2024. The company experienced a slight year-over-year decline in net revenue, which fell by 3% to $1.88 billion. This was primarily driven by a decrease in live services and other net revenue, down 3% to $1.28 billion, and a 3% decrease in full game net revenue to $599 million. Despite the revenue dip, gross margin improved by 3 percentage points to 75.8%, and operating income saw a modest 3% increase to $377 million. Net income for the quarter was $293 million, resulting in diluted earnings per share of $1.11. For the nine-month period ended December 31, 2024, net revenue decreased by 4% to $5.57 billion. The company continues to focus on its live services segment, which remains a significant contributor to its revenue, although it experienced a slight decline. EA also highlighted a decrease in net cash provided by operating activities, largely due to lower cash collections and higher tax payments. The company actively returned capital to shareholders through significant share repurchases, totaling $1.13 billion for the nine-month period, and paid $151 million in cash dividends.

Electronic Arts Inc. (EA) announced a significant capital return initiative through an accelerated share repurchase (ASR) agreement with Goldman Sachs & Co. LLC. The company will deploy $1.0 billion from its previously authorized $5 billion stock repurchase program to buy back its own common stock. This move underscores management's confidence in the company's valuation and its commitment to returning capital to shareholders. The ASR agreement involves an initial payment of $1.0 billion, with EA receiving 80% of the repurchased value upfront based on the February 5, 2025 closing price. The final number of shares repurchased will be determined by the volume-weighted average price over the ASR term, subject to certain adjustments. The full settlement is expected by the end of EA's first fiscal quarter of fiscal year 2026, indicating a phased execution of this capital allocation strategy.

Electronic Arts Inc. (EA) filed an 8-K on February 3, 2025, reporting on its third fiscal quarter ended December 31, 2024. The filing includes a press release announcing the company's financial results for the period. Investors should note that the information provided in this 8-K and its attached press release is not considered 'filed' for regulatory purposes unless expressly incorporated into future filings. The report also details a declared cash dividend, providing a direct return to shareholders. Key financial performance details for the quarter will be available in the attached press release (Exhibit 99.1). While the 8-K itself does not contain the numerical results, it serves as the official notification of their release. Additionally, EA announced a cash dividend of $0.19 per share, payable in March 2025 to shareholders of record in late February 2025. This dividend underscores the company's commitment to returning value to its stockholders.

Electronic Arts Inc. (EA) has filed an 8-K report on January 22, 2025, to disclose preliminary financial results for its third fiscal quarter ended December 31, 2024, and to provide an updated business outlook for its fiscal year ending March 31, 2025. While the full financial details are contained within the attached press release (Exhibit 99.1), this filing signals a key update period for the company. Investors should carefully review the accompanying press release for specific revenue, profitability, and booking figures, as well as any management commentary on performance drivers and future expectations. The information provided is preliminary and subject to change upon the filing of the full financial statements. This report serves as an advance notification to the market, allowing stakeholders to digest the latest performance indicators and strategic outlook ahead of the official quarterly earnings release. The focus for investors will be on how EA's performance in Q3 FY2025 aligns with prior guidance and market expectations, and what adjustments, if any, are being made to the full-year forecast.

Electronic Arts Inc. (EA) reported its financial results for the fiscal quarter ending September 29, 2024. The company demonstrated a year-over-year increase in net revenue, reaching $2,025 million, up 6% from the prior year. This growth was primarily driven by strong performance in full game downloads and a slight increase in live services revenue. Despite a 10% rise in operating expenses, the company managed to increase its operating income by 2% to $384 million, and net income stood at $294 million, with diluted earnings per share of $1.11. Cash flow from operations saw a significant improvement, more than doubling year-over-year to $234 million. EA continued its commitment to returning capital to shareholders through a robust share repurchase program, having bought back 2.6 million shares for $375 million in the quarter. The company maintains a solid liquidity position with $2,563 million in cash, cash equivalents, and short-term investments, indicating financial stability. Management highlighted strategic priorities focused on growing online communities, deepening engagement, and expanding recurring revenue streams from live services and key franchises.

Electronic Arts Inc. (EA) filed a Form 8-K on October 28, 2024, primarily to disclose its financial results for the second fiscal quarter ended September 30, 2024, as detailed in an accompanying press release dated October 29, 2024. While the full financial details are within the press release, the 8-K itself highlights the declaration of a quarterly cash dividend. This provides investors with key updates on both operational performance and capital return policies.

This 8-K filing from Electronic Arts Inc. (EA) details the outcomes of its annual stockholder meeting held on August 1, 2024. The primary focus for investors is the stockholder approval of an amendment and restatement of the Company's 2019 Equity Incentive Plan (Amended 2019 EIP). This amendment allows for an increase of 2,100,000 shares available for equity awards and removes the fungible share counting ratio, providing greater flexibility in compensation design. Additionally, the filing confirms the election of directors and the advisory vote on executive compensation, both of which passed, along with the ratification of KPMG LLP as the independent auditor for the upcoming fiscal year.

Electronic Arts Inc. (EA) reported a decrease in net revenue for the first quarter of fiscal year 2025, with net revenue reaching $1.66 billion, a 14% decline compared to the same period last year. This was primarily driven by lower full game sales, down 44%, impacted by the absence of a major title release like Star Wars Jedi: Survivor from the prior year. Live services and other revenue, which forms the larger portion of EA's revenue, saw a more modest 5% decrease, indicating continued resilience in its recurring revenue streams. Despite the revenue dip, gross margin improved to 84.2%, reflecting a more favorable revenue mix and cost efficiencies. However, operating expenses increased slightly, leading to a significant 33% decrease in operating income and a 30% drop in net income to $280 million. The company continues to actively manage its capital structure, repurchasing $375 million of stock and paying $50 million in dividends during the quarter. Cash and cash equivalents decreased to $2.4 billion, impacted by these capital returns and lower operating cash flow, which was down 67% year-over-year.

Electronic Arts Inc. (EA) filed an 8-K on July 29, 2024, reporting its financial results for the first fiscal quarter ended June 30, 2024. The press release, attached as Exhibit 99.1, details the company's performance. Investors should note that this information is not deemed 'filed' for certain regulatory purposes unless specifically incorporated by reference. In addition to financial results, the filing announces that EA's Audit Committee, on behalf of the Board of Directors, has declared a quarterly cash dividend of $0.19 per share. This dividend is scheduled to be paid on September 18, 2024, to shareholders of record as of August 28, 2024, signaling continued commitment to returning capital to shareholders.

Electronic Arts Inc. (EA) reported solid financial results for the fiscal year ended March 30, 2024, with total net revenue reaching $7.56 billion, a 2% increase year-over-year. The company's live services segment continues to be a dominant revenue driver, accounting for 73% of total net revenue. This segment, particularly extra content purchases within modes like Ultimate Team and for franchises such as Apex Legends, demonstrates the success of EA's recurring revenue strategy. Operating income saw a significant 14% increase, reaching $1.52 billion, reflecting improved operational efficiency and a higher gross margin of 77.4%. EA demonstrated a strong commitment to returning value to shareholders through a substantial stock repurchase program, buying back approximately $1.3 billion worth of shares in fiscal year 2024. The company also announced a new, significantly larger stock repurchase authorization of $5.0 billion, signaling confidence in its financial position and future outlook. While the company operates in a highly competitive and rapidly evolving industry, its focus on core franchises, digital delivery, and live services positions it for continued engagement and revenue growth.

Electronic Arts Inc. (EA) filed an 8-K on May 15, 2024, detailing changes to its Performance-Based Restricted Stock Unit (PRSU) program for the fiscal year ending March 31, 2025. The Compensation Committee and Board approved these awards, which are expected to be granted on June 17, 2024. While the core performance metrics of Net Bookings and Operating Income remain, the relative total stockholder return (Relative TSR) component will now be measured against the S&P 500 Index instead of the NASDAQ-100 Index. A significant new addition is an Absolute Total Stockholder Return (Absolute TSR) component. This aims to incentivize long-term value creation, with potential to earn additional PRSUs based on the company's TSR over a three-year period. Earning these Absolute TSR PRSUs requires a minimum TSR of 25%, with the earn-out ranging from 0% to 75% of the target PRSU amount. These changes reflect a strategic adjustment in how executive and employee compensation is aligned with company performance and shareholder value, with an increased focus on absolute stock performance over a multi-year horizon.

Electronic Arts Inc. (EA) filed an 8-K on May 6, 2024, reporting on its fourth fiscal quarter and full fiscal year results for the period ending March 31, 2024. While the press release detailing these results was issued on May 7, 2024, the 8-K itself focuses on two other significant corporate actions: the authorization of a substantial new $5.0 billion stock repurchase program and the declaration of a quarterly cash dividend. The new stock repurchase program, effective May 9, 2024, and set to expire on May 9, 2027, replaces a previous authorization and indicates management's confidence in the company's valuation and a commitment to returning capital to shareholders. Alongside this, EA declared a cash dividend of $0.19 per share, payable in June. Investors should note that these announcements, particularly the significant share buyback authorization, suggest a positive outlook from the company's leadership regarding its financial health and future prospects.

Electronic Arts Inc. (EA) announced a significant restructuring plan approved by its Board of Directors on February 27, 2024. This plan, aimed at realigning the company's portfolio, investments, and resources to support strategic priorities and growth, involves reducing its workforce by approximately 5% and includes costs associated with office space reductions and licensor commitments. The company anticipates incurring total charges between $125 million and $165 million, with an estimated $105 million to $150 million requiring future cash expenditures. These actions are expected to be substantially completed by the end of 2024. This restructuring reflects EA's ongoing commitment to driving durable growth, strong cash flow, and shareholder returns by optimizing its operations and resource allocation. While the charges represent a near-term financial impact, the strategic shift is positioned to enhance long-term efficiency and focus on core growth initiatives. Investors should monitor the execution of this plan and its subsequent impact on operational performance and profitability.

Electronic Arts Inc. (EA) reported its third-quarter results for the period ending December 30, 2023, showcasing a 3% year-over-year increase in net revenue to $1.945 billion. This growth was primarily fueled by a 5% rise in live services and other net revenue, reaching $1.327 billion. The company demonstrated improved profitability with a 3-percentage point increase in gross margin to 72.8% and a significant 26% year-over-year increase in operating income, reaching $365 million. Diluted earnings per share were $1.07. The company maintained a strong liquidity position with $3.104 billion in cash, cash equivalents, and short-term investments, and generated $1.735 billion in net cash from operating activities year-to-date. Key drivers for the quarter included strong performance from EA SPORTS FC 24, EA SPORTS Madden NFL 24, Apex Legends, and The Sims 4. The company also highlighted the continued importance of its live services, particularly extra content within the Ultimate Team mode and Apex Legends, which are significant contributors to revenue. EA is strategically focusing on growing online communities around its key franchises, expanding reach through storytelling, and building recurring revenue from its sports titles and live services. The company also continued its capital return program, repurchasing $325 million of its common stock during the quarter.

Electronic Arts Inc. (EA) filed an 8-K on January 29, 2024, reporting its financial results for the third fiscal quarter ended December 31, 2023, which were released on January 30, 2024. The filing primarily serves to attach the press release containing these results, which is the key document for investors seeking detailed financial performance information. Investors should refer to the press release for specific revenue, profit, and booking figures, as well as forward-looking guidance. In addition to the quarterly results, EA announced via its Audit Committee on January 26, 2024, that it has declared a quarterly cash dividend of $0.19 per share. This dividend is payable on March 20, 2024, to shareholders of record as of February 28, 2024. This demonstrates a continued commitment to returning capital to shareholders.

Electronic Arts Inc. (EA) reported its financial results for the fiscal second quarter ended September 30, 2023. The company saw a modest increase in net revenue, reaching $1.914 billion, a 1% year-over-year rise. This growth was driven by strong performance in full game downloads and new releases like EA SPORTS FC 24, which offset a slight decline in live services and other revenue. Net income for the quarter was $399 million, or $1.47 per diluted share, showing an improvement from the prior year. The company also reported a significant increase in net cash provided by operating activities, up 200% year-over-year, indicating improved cash generation. EA continues its commitment to returning capital to shareholders through share repurchases and dividends, demonstrating financial discipline and confidence in its ongoing business strategy.

Electronic Arts Inc. (EA) filed an 8-K on November 1, 2023, reporting its financial results for the second fiscal quarter ended September 30, 2023. While the full details of the financial performance are available in the attached press release (Exhibit 99.1), this filing also announced a quarterly cash dividend of $0.19 per share. This dividend is scheduled to be paid on December 20, 2023, to shareholders of record as of November 29, 2023, indicating a continued commitment to returning capital to its investors.

Electronic Arts Inc. (EA) filed an 8-K on August 13, 2023, detailing the results of its annual meeting of stockholders held on August 10, 2023. The key outcomes include the election of all nominated directors, the ratification of KPMG LLP as the independent auditor for fiscal year 2024, and overwhelming support for holding an annual advisory vote on executive compensation. Notably, a stockholder proposal regarding termination pay was largely opposed by stockholders. Investors can take comfort in the strong endorsement of the board's composition and the company's auditor. The advisory vote on executive compensation also passed with a significant majority, indicating general shareholder satisfaction with the current approach. However, the significant opposition to the stockholder proposal on termination pay suggests a divergence of views on certain governance matters.

Electronic Arts Inc. (EA) reported its financial results for the first quarter of fiscal year 2024, ending June 30, 2023. The company demonstrated solid revenue growth, with net revenue increasing by 9% year-over-year to $1.924 billion, primarily driven by strong performance in "Live Services and other" which grew 4% to $1.481 billion, and a significant 30% increase in full game net revenue to $443 million, boosted by new releases like "Star Wars Jedi: Survivor" and strong performance from "FIFA 23". Profitability saw a notable improvement, with operating income up 23% to $542 million, and net income rising to $402 million, resulting in diluted earnings per share of $1.47. The company also generated robust operating cash flow of $359 million, a substantial increase from the prior year. EA continued its commitment to returning capital to shareholders through share repurchases totaling $325 million and dividend payments of $52 million.

Electronic Arts Inc. (EA) filed an 8-K on August 1, 2023, primarily announcing its financial results for the first fiscal quarter ended June 30, 2023. While the detailed financial figures are contained within the attached press release (Exhibit 99.1), the filing itself confirms the release of this information. Investors should refer to the press release for specific revenue, net income, and earnings per share figures, as well as any forward-looking guidance provided by the company. In addition to the quarterly results, EA also announced on July 31, 2023, that its Board of Directors declared a quarterly cash dividend of $0.19 per share. This dividend is a positive signal for shareholders, indicating continued profitability and a commitment to returning capital to investors. The payment date is September 20, 2023, with a record date of August 30, 2023.

Electronic Arts Inc. (EA) announced significant executive leadership changes effective June 20, 2023. Stuart Canfield has been appointed as the new Executive Vice President, Chief Financial Officer, succeeding Chris Suh who will depart on June 30, 2023. Concurrently, Laura Miele has been promoted to President of EA Entertainment, Technology and Central Development. The company also announced the retirement of Chief Experience Officer Chris Bruzzo, effective June 30, 2023. These organizational updates reflect a strategic reshuffling of key leadership roles. Mr. Canfield, a long-time EA finance executive, brings extensive experience in global finance, investor relations, and operational leadership. His compensation package includes a base salary of $625,000, an annual cash bonus with performance-based metrics, and substantial equity awards (RSUs and PRSUs) designed to align his interests with shareholders and promote long-term retention. Mr. Suh will not receive severance but will repay certain benefits, and his unvested equity awards will be forfeited.

Electronic Arts Inc. (EA) reported solid financial performance for the fiscal year ended March 31, 2023, with total net revenue of $7.43 billion, a 6% increase year-over-year. This growth was primarily driven by a 10% increase in live services and other net revenue, which now constitutes 74% of total revenue, highlighting the company's successful shift towards recurring revenue streams. The company also demonstrated strong profitability with an operating income of $1.33 billion, up 18% year-over-year, and a gross margin of 75.9%. Key strategic initiatives include the upcoming rebranding of its global football franchise to EA SPORTS FC in fiscal year 2024, signaling a continued focus on this material revenue driver. EA also continues to invest in its core franchises like Apex Legends and The Sims, while emphasizing digital delivery and live services to enhance player engagement and recurring revenue. The company returned $1.5 billion to stockholders through share repurchases and dividends, underscoring its commitment to shareholder value. Despite a competitive landscape and evolving market dynamics, EA's diversified portfolio and focus on player engagement position it for continued growth in the digital interactive entertainment space.

Electronic Arts Inc. (EA) filed a Form 8-K on May 16, 2023, to report the establishment of pre-arranged stock trading plans, known as 10b5-1 Plans, by several key executive officers. These plans allow executives to sell shares of EA stock over specified future periods, providing a structured way to manage their equity holdings while adhering to SEC regulations and company policies. Specifically, the plans were established by Andrew Wilson (CEO), Laura Miele (COO), Mala Singh (Chief People Officer), and Jacob J. Schatz (Chief Legal Officer). The selling periods under these plans commence at various points between August 2023 and October 2023, and extend through July and October 2024. This disclosure is important for investors to understand potential future selling activity by company insiders, which is conducted within a regulated framework.

Electronic Arts Inc. (EA) filed an 8-K on May 8, 2023, reporting its financial results for the fourth fiscal quarter and full year ended March 31, 2023. The filing includes a press release detailing these results, which should be reviewed for specific financial performance metrics and operational highlights. Investors should note that this information is furnished, not filed, and therefore does not carry the same legal implications under Section 18 of the Exchange Act. Additionally, the company announced a quarterly cash dividend of $0.19 per share, payable on June 21, 2023, to shareholders of record on May 31, 2023. This dividend declaration signals continued commitment to returning capital to shareholders, a key consideration for income-focused investors.

Electronic Arts Inc. (EA) has announced a significant restructuring plan approved by its Board of Directors on March 27, 2023. This plan involves prioritizing investments in growth opportunities and optimizing its real estate portfolio. Key components include portfolio rationalization, intellectual property impairment charges, and a workforce reduction impacting approximately 6% of its employees, alongside office space consolidation. Investors should note the estimated financial impact of this restructuring, with total charges projected to be between $170 million and $200 million. These charges are composed of IP impairment, severance costs, office space reductions, and other exit-related expenses. While a significant portion will be non-cash (IP impairment), approximately $80 million to $100 million is expected to be a future cash outflow. The company anticipates these actions will be substantially completed by September 30, 2023.

Electronic Arts Inc. (EA) has filed an 8-K report detailing the refinancing of its existing $500 million unsecured committed revolving credit facility. The new facility, also for $500 million, extends the maturity date to March 22, 2028, providing a longer-term financing option. This move effectively replaces the previous credit facility, which was undrawn and set to expire in August 2024. The company has also secured options to increase the facility's capacity by an additional $500 million and to extend its maturity by one year, offering significant financial flexibility. The company has not drawn any funds under the new credit facility as of the filing date, indicating its current liquidity needs are met. The new agreement includes standard covenants, events of default, and provides for variable interest rates based on the company's credit ratings and market benchmarks like SOFR. This refinancing is a routine operational event aimed at maintaining a robust and flexible credit profile, crucial for managing ongoing operations and potential strategic initiatives.

Electronic Arts Inc. (EA) reported solid financial results for the third quarter of fiscal year 2023, ending December 31, 2022. Net revenue saw a 5% increase year-over-year to $1.88 billion, driven by strong performance in live services and other revenue streams, which grew 7% to $1.26 billion. This growth was primarily fueled by the continued success of titles like FIFA Ultimate Team and Apex Legends, highlighting the company's effective monetization strategies for in-game content. The company demonstrated improved operational efficiency, with operating expenses decreasing 3% year-over-year. This, combined with the revenue growth, led to a substantial 183% increase in operating income, reaching $289 million. Diluted earnings per share also saw significant improvement, coming in at $0.73 compared to $0.23 in the prior year. EA also continues to return capital to shareholders, repurchasing $325 million of its common stock during the quarter and paying $52 million in dividends.

Electronic Arts Inc. (EA) filed an 8-K on January 30, 2023, reporting its financial results for the third fiscal quarter ended December 31, 2022. The core of this filing is the announcement of these quarterly results, detailed in an attached press release (Exhibit 99.1). Investors should focus on the operational and financial performance metrics presented in this press release to understand EA's current business health and outlook. In addition to the financial results, the filing also discloses a routine action by the company's Board of Directors: the declaration of a quarterly cash dividend. This indicates continued commitment to returning capital to shareholders, a factor important for income-oriented investors. The specific details of the dividend payment date and record date are provided for clarity.

Electronic Arts Inc. (EA) reported its financial results for the quarter and six months ended September 30, 2022. The company demonstrated revenue growth driven by its Live Services segment, which includes extra content, subscriptions, and other in-game purchases, particularly from popular franchises like FIFA Ultimate Team and Apex Legends. While full game sales saw a slight year-over-year decline, the increase in Live Services revenue more than compensated, leading to overall net revenue growth. The company also highlighted operational efficiencies, reflected in an improved gross margin and a significant increase in operating income. Financially, EA managed its cash flow effectively, though it reported net cash used in operating activities for the six-month period. The company continued its capital return program through share repurchases and dividend payments, while maintaining a solid cash and short-term investment balance. Management expressed confidence in the company's ability to meet its financial obligations and pursue strategic growth opportunities, including ongoing investment in its live services and potential future acquisitions.

Electronic Arts Inc. (EA) filed an 8-K report on November 1, 2022, primarily announcing its financial results for the second fiscal quarter ended September 30, 2022, via an attached press release (Exhibit 99.1). While the full financial details are within the press release, the 8-K also discloses the declaration of a quarterly cash dividend. Investors should note the dividend declaration of $0.19 per share, payable on December 21, 2022, to shareholders of record on November 30, 2022. The 8-K itself does not provide detailed financial performance metrics for the quarter, directing stakeholders to the accompanying press release for that information. As per standard disclosure, information in the 8-K and its exhibits is not considered 'filed' for the purposes of Section 18 of the Exchange Act unless specifically incorporated by reference into a filing.

Electronic Arts Inc. (EA) has filed an 8-K report detailing an amendment to its Credit Agreement, specifically Amendment No. 1, executed on October 18, 2022. The primary purpose of this amendment is to transition away from LIBOR as the reference interest rate for its Revolving Credit Facility. This change replaces LIBOR with the Term SOFR Rate for U.S. Dollar denominated loans, and market-standard rates for other affected currencies (Pounds Sterling, Euros, and Japanese Yen).

Electronic Arts Inc. (EA) filed an 8-K on September 1, 2022, reporting two key events that occurred on August 31, 2022. Firstly, the Compensation Committee adopted a new policy limiting cash severance benefits for executive officers to a maximum of 2.99 times their base salary plus target annual bonus, requiring stockholder ratification for any benefits exceeding this threshold. This policy aims to enhance corporate governance and align executive compensation with shareholder interests. Secondly, CEO Andrew Wilson established a Rule 10b5-1 trading plan for his EA equity holdings, allowing for periodic sales between November 28, 2022, and November 29, 2023. These pre-arranged plans are standard practice for managing executive stock holdings and are designed to comply with SEC regulations.

This 8-K filing from Electronic Arts Inc. (EA) details key decisions made at their annual stockholder meeting on August 10, 2022, with significant implications for equity compensation and corporate governance. The company's stockholders approved an amendment to the 2019 Equity Incentive Plan, increasing the authorized share pool by 16 million shares, which is crucial for future employee and executive compensation. Additionally, stockholders approved a reduction in the threshold for calling special meetings from 25% to 15% of outstanding shares, a move designed to enhance shareholder engagement and responsiveness. Beyond governance and compensation, EA announced a substantial new share repurchase program, authorizing the repurchase of up to $2.6 billion of its common stock. This program is set to commence upon the completion of the current repurchase authorization, expected in late September or early October 2022, and will expire on November 4, 2024. This indicates a strong commitment from management to return capital to shareholders and potentially boost share value.

Electronic Arts Inc. (EA) reported strong financial results for the first quarter of fiscal year 2023, ending June 30, 2022. Net revenue increased by 14% year-over-year to $1.77 billion, driven by robust growth in live services and other net revenue, which rose 16% to $1.43 billion. This growth highlights the continued success of EA's in-game content and subscription offerings, particularly within popular franchises like FIFA and Apex Legends. The company demonstrated improved profitability, with operating income up 37% year-over-year to $441 million, and net income increasing to $311 million, resulting in diluted earnings per share of $1.11. The healthy increase in gross margin to 82.2% reflects the company's strong digital sales model and efficient cost management. Despite a net cash used in operating activities of $78 million, primarily due to working capital changes and hedging activities, EA maintained a solid cash position with $2.08 billion in cash and cash equivalents. Management highlighted the ongoing shift towards digital delivery and live services as key trends benefiting the business, leading to expanded gross margins. The company also continued its capital return program, repurchasing approximately $320 million of its common stock and paying $53 million in dividends. EA's strategic focus on live services and its expanding portfolio of digital offerings position it well for continued growth in the dynamic interactive entertainment market.

Electronic Arts Inc. (EA) filed an 8-K on August 2, 2022, primarily to announce its financial results for the first fiscal quarter ended June 30, 2022, via an attached press release. While the press release contains detailed financial performance information, the 8-K filing itself confirms the release and also discloses a regular quarterly cash dividend declaration. Investors should note that the press release contains forward-looking statements. The company declared a cash dividend of $0.19 per share, payable on September 21, 2022, to shareholders of record on August 31, 2022. This recurring dividend payment is a key indicator of the company's commitment to returning capital to shareholders.

Electronic Arts Inc. (EA) has filed an 8-K report on July 19, 2022, announcing the departure of its Chief Technology Officer, Kenneth Moss. Mr. Moss's last day with the company is expected to be around August 12, 2022. This information was formally communicated via a letter from EA's CEO, Andrew Wilson, which is included as an exhibit to this filing. The departure of a key executive like the CTO can have implications for a company's technological strategy and execution.