Electronic Arts Inc. (EA) announced strong third-quarter 2024 financial results and plans for a $1 billion accelerated stock repurchase. This repurchase is part of a broader $5 billion stock buyback authorization, reflecting the company's confidence in its long-term growth strategy. For the quarter ended December 31, 2024, EA reported net bookings of $2.215 billion and net revenue of $1.883 billion. The company’s operating cash flow reached $1.176 billion for the quarter, with $2.110 billion for the trailing twelve months.

The EA SPORTS FC 25 Team of the Year event drove significant engagement, and the launch of the EA SPORTS FC 25 gameplay update exceeded expectations, re-engaging over two million Ultimate Team players. The Global Football franchise has grown by more than 70% in net bookings over the last five fiscal years, positioning it as one of the world’s largest sports entertainment properties. EA SPORTS FC Mobile also saw a year-over-year increase in players and engagement.

The company’s American Football franchise is expected to surpass $1 billion in net bookings for fiscal year 2025, with double-digit growth in weekly active users. Additionally, EA introduced Battlefield Labs, a new initiative allowing players to drive innovation and testing ahead of the franchise's expected fiscal year 2026 release.

EA also repurchased 2.4 million shares for $375 million during the quarter, bringing the total repurchased shares over the trailing twelve months to 10.1 million for $1.450 billion. The company declared a quarterly cash dividend of $0.19 per share, payable on March 19, 2025, to stockholders of record as of February 26, 2025.