Electronic Arts saw revenue increase year-over-year in its latest earnings release, as the potential buyout continues to loom.
Net revenue for the gaming giant grew 1% year-over-year to US$7.53 billion.
EA’s net income came in at $461 million, or $1.81 per share, compared to last year’s $254 million or 98 cents per share.
Net bookings, a measure that combines total net revenue and the change in deferred net revenue for online-enabled games, rose to $1.86 billion from $1.8 billion. They were also up a record 9% for FY26 to $8 billion.
Apex Legends delivered its strongest net bookings quarter of the year in the fourth quarter due to continued momentum as engagement and monetisation continue to improve. For the full fiscal year, Apex Legends' net bookings finished up double digits year-over-year.
These results come as EA prepares to go private in a $55 billion deal with a group of investors including Saudi Arabia’s Public Investment Fund, private-equity firm Silver Lake and Jared Kushner’s investment firm Affinity Partners.
EA said it is working to complete a limited number of regulatory reviews outstanding as it looks to close the transaction.
“With the recent completion of a debt process that was met with strong investor demand and our ongoing constructive engagement with regulators, we look ahead to closing the transaction and the opportunities it will unlock,” EA CEO Andrew Wilson said.
The buyout has been met with some backlash from prominent gaming content creators.
At the time of writing, EA (NASDAQ: EA) shares were down 0.12% to $201.57. The company’s market cap is $50.44 billion.
