Electronic Arts Inc. develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation primarily under the Battlefield, The Sims, Apex Legends, Need for Speed, and license games from others, including FIFA, Madden NFL, UFC, and Star Wars brands. The company licenses its games to third parties to distribute and host its games. It markets and sells its games and services through digital distribution and retail channels, as well as directly to mass market retailers, specialty stores, and distribution arrangements. Electronic Arts Inc. was incorporated in 1982 and is headquartered in Redwood City, California.

Electronic Arts Inc.

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Operating Activities	Sep '25	Mar '25	Sep '24	Mar '24	Sep '23	Mar '23
Net Income	338	547	574	472	801	192
Net Income
Depreciation & Amortization	161	154	202	231	173	295
Depreciation, Amortization, Accretion and Impairment
Share-Based Compensation Expense	326	325	317	299	285	283
Stock-Based Compensation
Other Adjustments	-33	9	-50	-26	108	-65
Acquisition-Related Contingent Consideration
Loss on Conversion of Convertible Notes
Deferred Income Taxes, Net
Changes in Trade Receivables	-398	332	-447	486	-367	242
Change in Receivables, Net
Changes in Inventories	—	—	—	—	—	—
Inventories
Changes in Accounts Payable	196	73	117	-8	-200	91
Accounts Payable
Accounts Payable, Accrued, and Other Liabilities
Changes in Accrued Expenses	—	—	—	—	—	269
Accrued and Other Liabilities
Changes in Unearned Revenue	-375	225	-339	316	-403	511
Deferred Net Revenue
Changes in Other Operating Activities	-68	60	-20	74	74	-78
Change in Other Assets
Cash from Operating Activities	147	1,725	354	1,844	471	1,740
Net Cash Provided by Operating Activities

Investing Activities	Sep '25	Mar '25	Sep '24	Mar '24	Sep '23	Mar '23
Capital Expenditure	-115	-104	-117	-103	-96	-95
Capital Expenditures
Purchases of Investments	-97	-200	-237	-327	-313	-232
Purchase of Short-Term and Other Investments
Proceeds from Sale of Investments	72	456	239	330	302	229
Proceeds from Maturities and Sales of Short-Term Investments
Payments for Business Acquisitions	-17	—	—	—	—	—
Acquisitions, Net of Cash Acquired
Cash from Investing Activities	-157	152	-115	-100	-107	-98
Net Cash Provided by Investing Activities

Financing Activities	Sep '25	Mar '25	Sep '24	Mar '24	Sep '23	Mar '23
Issuance of Long-Term Debt	—	—	—	—	—	—
Proceeds from Issuance of Senior Notes, Net of Issuance Costs
Repayments of Long-Term Debt	—	—	—	—	—	—
Payment of Senior Notes
Net Issuance / (Repayments) of Long-Term Debt	—	—	—	—	—	—
Issuance of Common Shares	45	36	42	37	40	36
Proceeds from Issuance of Common Stock
Repurchases of Common Shares	-946	-1,853	-889	-726	-770	-708
Common Stock Repurchases and Excise Taxes Paid
Cash Paid to Taxing Authorities for Shares Withheld from Employees
Net Issuance / (Repurchases) of Common Shares	-901	-1,817	-847	-689	-730	-672
Common Share Dividends Paid	-96	-98	-101	-102	-103	-104
Cash Dividends Paid
Other Financing Activities	—	—	—	—	—	—
Excess Tax Benefit from Stock-Based Compensation
Acquisition-Related Contingent Consideration Payment
Cash from Financing Activities	-997	-1,915	-948	-791	-833	-776
Net Cash Provided by Financing Activities

Free Cash Flow	Sep '25	Mar '25	Sep '24	Mar '24	Sep '23	Mar '23
Free Cash Flow	32	1,621	237	1,741	375	1,645
NOPAT	338.7	520.1	541.4	440.4	777.3	192.4
Levered Free Cash Flow	137	955	417	982	349	1,185
Unlevered Free Cash Flow	137.7	928.1	384.4	950.4	325.3	1,185.4
Net Change in Cash	-1,007	-38	-709	953	-469	866