EA’s Revenue Fell in Q3 — But Its Stock Is Getting Acquired for $55B. Which Number Should You Trust?

Video game giants, Electronic Arts (NASDA:EA) reported a decline in its third quarter 2026, despite increased revenue.

Net revenue was up to $1.9 billion from $1.88 billion a year earlier, while net bookings surged 38% year over year to $3.05 billion.

Net income fell to $0.35 per share compared to the year-ago period.

Flagship game, Battlefield was the best-selling shooter title of 2025, contributing heavily to net bookings increase of $831 million for Electronic Arts.

Similarly, live services and other net bookings rose, thanks to sales of extra content from Ultimate Team.

And while net revenue did showcase a 6% year over year increase, it was largely due to a 22% increase in full game downloads which offset a 44% decline in packaged games.

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