Electronic Arts Inc
Electronic Arts Inc
Industry
About Electronic Arts Inc
Electronic Arts, Inc. (EA) is an equity in the USA market. The price is 147.79 USD currently with a change of -4.23 USD (-0.03%) from the previous close. The latest open price was 152.41 USD and the intraday volume is 3,168,989. The intraday high is 153.78 USD and the intraday low is 143.0 USD. The latest trade time is Tuesday, July 29, 14:54:10 PDT.
Electronic Arts Inc. (EA) is a leading global developer and publisher of interactive entertainment software. It is renowned for creating and delivering a diverse portfolio of video games across various platforms, including consoles, personal computers, and mobile devices.
Established in 1982 by Trip Hawkins, a former Apple employee, EA has grown into one of the largest video game companies worldwide, with approximately 13,700 employees.
Headquarters and Locations
EA is headquartered in Redwood City, California. It also operates development studios across North America, Europe, Asia, and Australia, fostering a global presence in the gaming industry.
Additional company location:
- Hawthorne, CA, USA
Portfolio and Franchises
The company's extensive portfolio includes critically acclaimed franchises such as:
- EA SPORTS FC
- Battlefield
- Apex Legends
- The Sims
- Madden NFL
- Need for Speed
- Titanfall
- Plants vs. Zombies
- F1
Business Model
EA's business model encompasses the development and publishing of full games, live services, mobile games, and subscription services.
Full games are available through digital downloads and packaged goods. Live services offer additional content and subscription offerings that generate revenue beyond initial game sales.
Mobile games, often using a free-to-play model, are available on mobile phones and tablets. Subscription services such as EA Play and EA Play Pro provide access to a selection of games for a monthly or annual fee.
Financial Performance
In the fiscal year 2024, EA reported annual revenue of $7.562 billion, with a net income of $1.273 billion. The company's total assets amounted to $13.420 billion, reflecting its strong financial position in the industry.
Industry Position
EA's commitment to innovation and quality has solidified its reputation as a leader in the gaming industry, continually delivering engaging and immersive experiences to players worldwide.