ELECTRONIC ARTS INC. Earnings Per Share Disclosure
| Year Ended March 31, | |||||||||||||||||
| (In millions, except per share amounts) | 2026 | 2025 | 2024 | ||||||||||||||
| Net income | $ | 887 | $ | 1,121 | $ | 1,273 | |||||||||||
| Shares used to compute earnings per share: | |||||||||||||||||
| Weighted-average common stock outstanding — basic | 250 | 262 | 270 | ||||||||||||||
| Dilutive potential common shares related to stock award plans | 3 | 2 | 2 | ||||||||||||||
| Weighted-average common stock outstanding — diluted | 253 | 264 | 272 | ||||||||||||||
| Earnings per share: | |||||||||||||||||
| Basic | $ | 3.55 | $ | 4.28 | $ | 4.71 | |||||||||||
| Diluted | $ | 3.51 | $ | 4.25 | $ | 4.68 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2026 | May 11, 2026 | Showing above |
| 2025 | May 13, 2025 | |
| 2024 | May 22, 2024 | |
| 2023 | May 24, 2023 | |
| 2022 | May 25, 2022 | |
| 2021 | May 26, 2021 | |
| 2020 | May 20, 2020 | |
| 2019 | May 24, 2019 | |
| 2018 | May 23, 2018 | |
| 2017 | May 24, 2017 | |
| 2016 | May 27, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.