Apex Legends Passes $1 Billion in Life-to-Date Net Bookings

The free to play battle royale contributed significantly to EA's increased net bookings in Q4.

Posted By | On 12th, May. 2021

Apex Legends

Electronic Arts had a lot to share recently regarding the next Battlefield, from confirming its release on previous-gen platforms to a reveal in June. Its fourth quarter fiscal results were slightly less encouraging in a few ways. Net revenue for the three months ending March 31st 2021 was down three percent to $1.35 billion with a net income of $76 million on the same.

However, net bookings were up by 19 percent, hitting $1.49 billion. This was thanks to live services but Apex Legends proved to be a primary driver. EA CFO Blake Jorgensen in an earnings call (transcript by AlphaStreet) that, “Apex Legends delivered its largest net bookings quarter on record. It also delivered the best day, the best 24-hour period, the best week, the best month and best in-game event. We suggested it would deliver over $1 billion in life-to-date net bookings by the end of the quarter. It actually passed that milestone with half of the quarter to go.

Apex Legends delivered over $600 million for the year, well above our original expectation of $300 million to $400 million. Importantly, Apex Legends steadily grew through the year. While Apex surely benefited from a stay-at-home tailwind, the upwards trajectory is driven by the game teams and the content they are delivering. That is, this strength is structural. To this point, Season 8 was the first season built by a new content team we’ve put together in Vancouver, proving our ability to scale resources on our fastest-growing franchise.”

Game sales were down by 15 percent at $1.61 billion but overall live service revenue was up 10 percent at $4.02 billion. Digital sales accounted by 62 percent of full game sales. The company is forecasting $6.8 billion net revenue this year, representing a 21 percent increase. It attributed this figure to contributions that will be coming from recently acquired studios like Codemasters (which has F1 2021 releasing in July), Glu Mobile and Metalhead.

In the meantime, Apex Legends Season 8 – Legacy is still ongoing and adds a new Legend to the roster with Valkyrie. Stay tuned for more details and updates on the title in the coming months.


Amazing Articles You Might Want To Check Out!



Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

Over 1000 Activision Blizzard Employees Sign an Open Letter Criticizing the Company for its “Abhorrent and Insulting” Lawsuit Response

Over 1000 Activision Blizzard Employees Sign an Open Letter Criticizing the Company for its “Abhorrent and Insulting” Lawsuit Response

"To put it clearly and unequivocally, our values as employees are not accurately reflected in the words and ac...

EA Sports is Looking to Expand with “New Business Models, New Geographies” in the Next 5 Years

EA Sports is Looking to Expand with “New Business Models, New Geographies” in the Next 5 Years

EA Sports currently boasts a collective audience of 230 million players, but is looking to more than double th...

Monster Hunter Stories 2 is Adding Kulve Taroth Co-op Quest Next Week

Monster Hunter Stories 2 is Adding Kulve Taroth Co-op Quest Next Week

Monster Hunter Stories 2: Wings of Ruin is adding Kulve Taroth as a co-op quest exclusive monster in its upcom...

Disgaea 6: Defiance of Destiny Trailer Highlights Accolades

Disgaea 6: Defiance of Destiny Trailer Highlights Accolades

New trailer highlights the action and comedy of Nippon Ichi's latest. It's available now in North America and ...

GRID Legends Will Feature an Evolved Nemesis System

GRID Legends Will Feature an Evolved Nemesis System

New details on Boost and Elimination, the former focused on Electric cars and the latter being a vehicle survi...

Monster Hunter Rise x Okami Collab Coming July 30th, Adds New Palamute Layered Armor

Monster Hunter Rise x Okami Collab Coming July 30th, Adds New Palamute Layered Armor

The beloved Amaterasu makes her way to the action RPG, complete with two weapons. Players can also net a Celes...