Electronic Arts Inc. (EA) financial statements (2021 and earlier)

Company profile

Business Address 209 REDWOOD SHORES PARKWAY
REDWOOD CITY, CA 94065
State of Incorp. DE
Fiscal Year End March 31
SIC 7372 - Prepackaged Software (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
TTM
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,7723,7684,7085,3314,5323,8343,021
Cash and cash equivalents4,7723,7684,7084,2582,5652,4932,068
Short-term investments   1,0731,9671,341953
Receivables778461623385359233362
Inventory, net of allowances, customer advances and progress billings     3336
Inventory     3336
Other current assets233321313288308254247
Other undisclosed current assets1,9381,967737   54
Total current assets:7,7216,5176,3816,0045,1994,3543,720
Noncurrent Assets
Property, plant and equipment467449448453434439459
Intangible assets, net (including goodwill)1,9331,9381,9791,9541,7151,7671,824
Goodwill1,8961,8851,8921,8831,7071,7101,713
Intangible assets, net (excluding goodwill)37538771857111
Deferred costs  1110889
Deferred income tax assets1,9241,903
Other noncurrent assets3753051148984103131
Other undisclosed noncurrent assets  24742783794
Total noncurrent assets:4,6994,5952,5762,5802,5192,6962,427
TOTAL ASSETS:12,42011,1128,9578,5847,7187,0506,147
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,5121,1201,1658698767991,125
Accounts payable896811348878968
Accrued liabilities1,4231,0521,052821789710794
Employee-related liabilities      263
Deferred revenue1,380945
Debt600599   161602
Deferred revenue and credits1,6221,5391,4581,283
Other undisclosed current liabilities  1,100   (263)
Total current liabilities:3,4922,6642,2652,4912,4152,4182,747
Noncurrent Liabilities
Long-term debt and lease obligation397397994992990989 
Long-term debt, excluding current maturities397397994992990989 
Liabilities, other than long-term debt547217355472253245342
Deferred compensation liability, classified  1211  9
Deferred tax liabilities, net211280
Deferred income tax liabilities11
Liability for uncertainty in income taxes275 2092051048070
Other liabilities271216132255148163183
Other undisclosed noncurrent liabilities213731234  (9)
Total noncurrent liabilities:9659871,3611,4981,2431,234333
Total liabilities:4,4573,6513,6263,9893,6583,6523,080
Temporary equity, carrying amount     231
Stockholders' equity
Stockholders' equity attributable to parent7,9637,4615,3314,5954,0603,3963,036
Common stock3333333
Additional paid in capital   6571,0491,3492,127
Accumulated other comprehensive income (loss)(94)(50)(30)(127)(19)(16)2
Retained earnings8,0547,5085,3584,0623,0272,060904
Total stockholders' equity:7,9637,4615,3314,5954,0603,3963,036
TOTAL LIABILITIES AND EQUITY:12,42011,1128,9578,5847,7187,0506,147

Income statement (P&L) ($ in millions)

12/31/2020
TTM
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
Revenues6,1085,5374,9505,1504,8454,3964,515
Revenue, net5,1504,8454,3964,515
Cost of revenue(1,498)(1,369)(1,322)(1,277)(1,298)(1,354)(1,429)
Cost of goods and services sold   (1,277)(1,298)(1,354)(1,429)
Gross profit:4,6104,1683,6283,8733,5473,0423,086
Operating expenses(3,094)(2,723)(2,632)(2,439)(2,323)(2,144)(2,138)
Operating income:1,5161,4459961,4341,224898948
Nonoperating income (expense)(16)638315(14)(21)(26)
Investment income, nonoperating      59
Foreign currency transaction loss, before tax      (62)
Other nonoperating income (expense)(16)638315(14)(21)(23)
Interest and debt expense(110)(44)(45)(44)(47)(10)(31)
Other undisclosed income from continuing operations before equity method investments, income taxes110444544471034
Income from continuing operations before income taxes:1,5001,5081,0791,4491,210877925
Income tax expense (benefit)1,4901,531(60)(406)(243)279(50)
Net income available to common stockholders, diluted:2,9903,0391,0191,0439671,156875

Comprehensive Income ($ in millions)

12/31/2020
TTM
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
Net income:2,9903,0391,0191,0439671,156875
Other comprehensive income (loss)(151)(20)74(108)(3)(18)(35)
Comprehensive income, net of tax, attributable to parent:2,8393,0191,0939359641,138840

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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