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Saturday, September 27, 2025

Electronic Arts cut its net profit by 28%

US-based Electronic Arts, one of the world’s leading developers of computer games, has increased its net income by 28.2% in the first quarter of fiscal 2026, at the same time as orders beat analysts’ expectations.

According to the company’s press release, net income for the April-June period was $201 million, or $0.79 per share, compared to $280 million, or $1.04 per share, for the same period a year earlier.

Revenue increased 0.7% to $1.671 billion.

Orders in the first fiscal quarter rose to $1.298 billion from $1.262 billion in the April-June 2024 fiscal.

Analysts surveyed by FactSet on average had forecast orders at $1.25 billion.

EA repurchased 3 million of its shares for $375 million last fiscal quarter, a figure that has reached 17.8 million securities and $2.5 billion over the past 12 months, respectively.

The company maintained its quarterly dividends at 19 cents per share. They will be paid on 17 September, with the shareholder register closing on 27 August.

EA still expects 2026 earnings in the range of $795-974 million ($3.09 to $3.79 per share), revenue-$7.1 billion to $7.5 billion, and orders-$7.6 billion to $8 billion.

In the second fiscal quarter, the company expects earnings in the range of $0.29-0.46 per share, revenue – $1.75-1.85 billion.

EA’s stock price rose 1.5 per cent in additional trading on Tuesday.

EA is one of the world’s largest developers of interactive entertainment po. The company offers games both as a packaged retail product and as an online service delivered to consoles, personal computers, tablets and mobile phones. Among its best-known products-FIFA, The Sims, Madden NFL, Battlefield and Apex Legends.

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