US Game Company on the Brink of Saudi Acquisition Achieves Record-Breaking Net Bookings

Electronic Arts Inc. (EA) announced record fiscal 2026 results, driven by the blockbuster performance of Battlefield 6 and growth in its live services. Annual net bookings reached $8.026 billion, and operating cash flow hit a record $2.553 billion. GAAP revenue for the year rose 1% to $7.531 billion, while net income declined from $1.121 billion to $887 million. The company declared a quarterly dividend of $0.19 per share payable on June 17, 2026. EA also noted that, with regulatory review still pending for its approximately $55 billion all-cash acquisition by a consortium led by the Saudi sovereign wealth fund, Silver Lake and Affinity Partners, it will skip its quarterly earnings call this quarter. Its recent debt issuance was completed amid strong investor demand.

Recently, more than 40 Democratic members of the U.S. House of Representatives sent a letter to the Federal Trade Commission calling for a thorough investigation of EA’s Saudi-led takeover, citing concerns over potential impacts on employment, studio closures and union activities. Reports also indicate that, following the release of Battlefield 6, EA has implemented organizational restructuring and headcount reductions at its Battlefield-related studios, including DICE and Criterion.

EA is a leading U.S. game publisher with key IPs such as EA Sports FC, Battlefield and Apex Legends, and has been expanding its live-service revenue share across console, PC and mobile platforms. In the global gaming industry, market attention is focused on regulatory reviews of competitive and employment impacts and on potential industry restructuring, as the Saudi sovereign wealth fund steps up its gaming investments and major publishers pursue take-private transactions, including EA’s pending deal.