Electronic Arts (EA) has reported record-breaking revenue for the fourth quarter of 2020, generating a net revenue of $1.62bn, up 18% from the same period in 2019. The majority of revenue came from digital sales, which accounted for $1.39bn, up 22% from the previous year. The company’s mobile games division also performed well, generating $299m, up 13% from Q4 2019. FIFA 21, Madden NFL 21, and Star Wars Jedi: Fallen Order were EA’s top-selling games, generating $352m in net revenue. The company has a number of highly anticipated games upcoming, including Battlefield 2042 and FIFA 22.
EA reports record-breaking revenue in Q4 2020
Overview
Electronic Arts (EA), an American video game company, has reported its financial results for the fourth quarter of 2020, announcing record-breaking revenue numbers.
Revenue Numbers
According to the company’s financial report, EA has generated a net revenue of $1.62 billion in Q4 2020. This number represents a significant increase of 18% compared to $1.38 billion generated in Q4 2019.
Breaking it down
The majority of EA’s revenue came from digital sales, which accounted for $1.39 billion, an increase of 22% compared to the same period last year. EA’s mobile game division also performed well, generating $299 million in revenue, up by 13% compared to Q4 2019. Physical sales of EA’s games amounted to $261 million, a decrease of 17% compared to the same period in 2019.
EA’s top-selling games
EA’s most popular games in Q4 2020 were FIFA 21, Madden NFL 21, and Star Wars Jedi: Fallen Order, which collectively generated $352 million in net revenue during the period. FIFA 21 alone sold 13 million copies, making it one of the best-selling games of 2020.
Response from EA’s CEO
“Our results this quarter demonstrate the power of our live services and our deep commitment to creating high-quality games that players love,” said Andrew Wilson, CEO of Electronic Arts. “We are pleased with the performance of our titles across all platforms and geographies, and we are excited about the future of our business.”
The Future
EA’s positive financial results in Q4 2020 bode well for the company’s future. The company has a robust lineup of upcoming titles, including Battlefield 2042, FIFA 22, and Madden NFL 22, which are expected to drive growth in the upcoming quarters. Furthermore, EA’s mobile gaming division is expected to continue its growth trajectory, as the company looks to capitalize on the mobile gaming market’s booming popularity.