Dragon Age: The Veilguard, EA Sports FC 25 Contribute to $6 Billion Market Value Loss for EA

BioWare’s Dragon Age: The Veilguard became the topic of discussion again after Electronic Arts revealed that it reached 1.5 million players, missing projections for Q3 fiscal year 2025 by about 50 percent. However, slump for EA Sports FC 25 also heavily contributed. Reuters has since followed up by reporting that shares dropped by 15 percent, with the publisher slated to suffer an almost $6 billion loss in market value.

Ultimate Team is vital to EA’s annual bottom line, so it makes sense for any setbacks to have a profound impact. As MoffettNathanson analysts stated, “Ultimate Team has come to be viewed as a near Swiss clock of interactive media bookings growth. If it is stagnant, it puts enormous pressure on EA to fill the void.” As such, the publisher confirmed a mid-single-digit percentage decline in live service bookings despite projecting a mid-single-digit increase.

Jefferies analysts also noted the mixed player reactions at EA Sports FC 25’s launch, though a recent update brought sweeping changes. Of course, Dragon Age: The Veilguard still suffered from weak spending and couldn’t make up for the football title’s underperformance.

EA has since revised its fiscal year 2025 bookings to $7-$7.15 from $7.5-$7.8 billion. CEO Andrew Wilson remained “confident in our long-term strategy and expect a return to growth in FY26, as we execute against our pipeline.” Stay tuned for more updates, especially on February 4th, as EA reveals more detailed results.