The producer of “Battlefield” Electronic Arts EA forecast fiscal 2026 net bookings lower than analysts’ estimates, as consumer spending and high console prices weigh on demand during a fiercely competitive period.
The Redwood City, California-based company expects net bookings of about $7.85 billion for the current year, compared to analysts’ average estimate of $8.06 billion, according to data compiled by LSEG. EA also forecast annual adjusted EBITDA of $2.76 billion, lower than the $2.93 billion consensus.
The predictions highlight some of the challenges facing the video game industry as gamers cut entertainment budgets and rely on familiar franchises rather than spending on new titles. High console prices and a crowded release calendar have amplified pressure on publishers during the year-end period, traditionally a peak sales window.
EA, known for hit series such as “FIFA/EA SPORTS FC,” “Madden NFL” and “Battlefield,” is banking on its portfolio of sports and action games to offset the slowdown.
The predictions come as EA prepares to go private in a $55 billion leveraged buyout led by Saudi Arabia’s Public Investment Fund, along with private equity firms Silver Lake and Affinity Partners. The deal, expected to close in fiscal 2027, would be the largest leveraged buyout in history.
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