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EA Reports 13% Bookings Drop, Halts Earnings Calls Ahead of $55 Billion Take-Private

The shift reflects a move to limit disclosures ahead of the PIFAffinity Partners–Silver Lake deal targeting a spring 2026 close.

Overview

  • For the quarter ended September 30, revenue was about $1.83–$1.84 billion (down roughly 9% year over year), net bookings were about $1.81–$1.82 billion (down 13%), and net income was $137 million (down 53%).
  • EA said it will stop hosting quarterly earnings calls and will no longer issue forward-looking guidance while the $55 billion take-private progresses.
  • The consortium led by Saudi Arabia’s Public Investment Fund with Affinity Partners and Silver Lake announced the deal on September 29, with closing expected next spring subject to customary approvals.
  • Net bookings missed LSEG consensus estimates of $1.88 billion, with EA citing tough comparisons to last year’s College Football 25 launch as a key factor.
  • Product highlights included year-over-year net bookings growth for Madden NFL 26 and Apex Legends, mid single-digit growth for EA Sports FC 26 after timing adjustments, and successful launches for Skate and Battlefield 6, which drew 15 million players and 7 million sales respectively.