EA financials cite Apex Legends, FIFA, and Lord of the Rings as major revenue boosters

EA financials

“Year after year growth driven by live services”

Alongside of Nintendo and Capcom, EA also dropped its financial report for the fiscal year ending March 31, 2022 — and we can glean a few things from the EA financials dump beyond the raw numbers.

Most notably, under EA’s revenue gains, it cites “year after year growth driven by live services, particularly in mobile, and the strong launch slate in the second half.” The three games specifically called out for part of the success are Apex Legends (with 40% booking increases year over year), FIFA (which has “over 150 million accounts,” with FIFA 22 serving as “the most successful game in franchise history”), and the Lord of the Rings series as a whole (now you can see why they just announced yet another LOTR tie-in this week). Battlefield 2042 is practically absent from the entire report, as EA continues to sweep it under the rug: even Battlefield V, which came out in 2018, got a direct mention. It Takes Two got an “award season-esque” shoutout, as EA points out that it “won over 90 awards” in the report.

In terms of what they’re gearing up for in the 2023 fiscal year, Apex Legends Mobile (which is set to arrive this month) is allegedly out soon, and the beta for The Lord of the Rings: Heroes of Middle-earth will roll out later this year.

They also have “four titles scheduled in Q4:FY23 that have not yet been publicly disclosed,” so expect at least one of those to be announced during the summer void E3 left. Here is the breakdown of what all of those entail:

  • A major IP
  • A “partner title”
  • A remake
  • A sports title

The Dead Space remake already exists, but given that it’s still in active development and is openly announced and not named in the EA financials report, it could be something else entirely.

Chris Carter
Reviews Director, Co-EIC - Chris has been enjoying Destructoid avidly since 2008. He finally decided to take the next step, make an account, and start blogging in January of 2009. Now, he's staff!