For the year ending 2026-03-31, EA had $728M increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Net revenue | 7,531 | 7,463 | - | - |
| Cost of revenue | 1,536 | 1,489 | - | - |
| Research and development | 2,361 | 2,112 | - | - |
| Marketing and sales | 1,071 | 906 | - | - |
| General and administrative | 614 | 625 | - | - |
| Amortization and impairment of intangibles | - | 107 | - | - |
| Acquisition-related expenses | 131 | - | - | - |
| Restructuring and related charges | 0 | 62 | - | - |
| Stock-based compensation | 656 | 642 | - | - |
| Interest and other (income) expenses, net | 18 | 85 | - | - |
| Effective tax rate | 293 | 484 | - | - |
| Net income | 887 | 1,121 | 1,273 | 802 |
| Depreciation, amortization, accretion and impairment | 323 | 356 | 404 | 536 |
| Stock-based compensation | 656 | 642 | 584 | 548 |
| Receivables, net | -46 | 115 | -119 | 34 |
| Other assets | 85 | -40 | -148 | 103 |
| Accounts payable | - | - | -6 | 10 |
| Accrued and other liabilities | - | - | -202 | 134 |
| Accounts payable, accrued, and other liabilities | 206 | 190 | - | - |
| Deferred income taxes, net | 13 | 41 | -82 | 221 |
| Deferred net revenue (online-enabled games) | 533 | -114 | -87 | -122 |
| Net cash provided by operating activities | 2,553 | 2,079 | 2,315 | 1,550 |
| Capital expenditures | 230 | 221 | 199 | 207 |
| Proceeds from maturities and sales of short-term investments | 129 | 695 | 632 | 395 |
| Purchase of short-term and other investments | 158 | 437 | 640 | 405 |
| Acquisitions, net of cash acquired | 17 | - | 0 | 0 |
| Net cash provided by (used in) investing activities | -276 | 37 | -207 | -217 |
| Proceeds from issuance of senior notes, net of issuance costs | - | - | - | 0 |
| Payment of senior notes | 400 | - | - | 0 |
| Proceeds from issuance of common stock | 83 | 78 | 77 | 80 |
| Cash dividends paid | 191 | 199 | 205 | 210 |
| Cash paid to taxing authorities for shares withheld from employees | 291 | 234 | 196 | 175 |
| Common stock repurchases and excise taxes paid | 769 | 2,508 | 1,300 | 1,295 |
| Net cash used in financing activities | -1,568 | -2,863 | -1,624 | -1,600 |
| Effect of foreign exchange on cash and cash equivalents | 19 | -17 | -8 | -41 |
| Increase (decrease) in cash and cash equivalents | 728 | -764 | 476 | -308 |
| Beginning cash and cash equivalents | 2,136 | 2,900 | 2,424 | 2,732 |
| Ending cash and cash equivalents | 2,864 | 2,136 | 2,900 | 2,424 |
ELECTRONIC ARTS INC. (EA)
ELECTRONIC ARTS INC. (EA)