Electronic Arts has posted its year end results for the fiscal year 2016, and everything is coming up profit. The publishing behemoth raked in $4.5 billion in revenue this past year, up from the $4.3 billion in the fiscal year ending in 2015. According to the company’s own projections, the next year should continue the trend with an estimated $4.9 billion.
As sales of digital goods climb, packaged games continued to lose market share. Digital revenue has taken over physical media by a growing margin, $2.5 billion compared to $2.0 billion, while EA’s profit margin has increased to an eye-popping 82.7%. PC gamers make up 26% of EA’s revenue while consoles account for 51% with mobile making up the rest. The console market had the strongest growth the past year, a 22% increase in revenue year over year.
Gamers hoping to see the end of downloadable content will have to wait another year, as customers spent $1.1 billion on “extra content,” a separate figure from the $570 million spent on mobile. Subscriptions and ad revenue made up $339 million while full game downloads accounted for about half a billion.
Fiscal year 2017 sees the launch of several big name titles, including Battlefield 1, Mirror’s Edge Catalyst, and Mass Effect Andromeda.
There was no mention of The Old Republic that we could find in any of the documents.
(Source: EA)
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