EA Records Best Year Ever Thanks to Apex Legends 5j5m3g FIFA Ultimate Team; Posts $5.63 Billion in Net Revenue

FIFA 22 and Battlefield 6 part of all-virtual EA Play Live set for July 22. 4b6r3x

By Akhil Arora | Updated: 12 May 2021 13:46 IST

Photo Credit: EA 3u4ai

Apex Legends

Highlights

EA net revenue FY20–21 came in at $5.63 billion (~Rs. 41,361 crores)
Apex Legends brought in $600 million this fiscal year
FIFA 21 has 25 million+ players, over 100 million for series

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Electronic Arts just had the biggest year in its history. On Tuesday, the Redwood City, California-headquartered gaming giant announced that the 2020–21 fiscal year delivered record revenues and sales, driven by the likes of Apex Legends and FIFA 21. EA grossed $5.63 billion (roughly Rs. 41,361 crores) in net revenue this past financial year, while “net bookings” — that includes products and services, sold digitally or physically — went up to $6.19 billion (roughly Rs. 45,475 crores). Of the latter, $4.6 billion (roughly Rs. 33,794 crores) came from “live services,” that refers to in-game microtransactions and subscription revenue generated from EA Play.

“To give some perspective, that $4.6 billion is equivalent to the sale of around 130 million copies of console games,” Blake Jorgensen, Apex Legends Mobile.

As for The Sims 4, released in 2014 though ed with updates ever since, has grown to almost 36 million players. In total, EA titles welcomed 42 million new players during 2020–21.

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Looking ahead, apart from Apex Legends Mobile, EA has Battlefield 6 and NHL 22 are slated to release in Q3 2022 (between October and December). And that leaves a new PGA Tour golf title, expected in Q4 2022 (between January and March 2022).

Most of these titles will be showcased at the 2021 EA Play Live, now slated for July 22, a month after E3 2021 in June. Driven by these new titles and annual releases — in addition to the behemoth that is Apex Legends now — EA says it expects net bookings to further rise to $7.3 billion (roughly Rs. 53,607 crores) in fiscal year 2021–22, 18 percent over the historic record it just set.

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