Overview Financials News + Filings Key Docs Charts Ownership Insiders
|
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Activision | 3,275.0 | 3,776.0 | 3,942.0 | 2,219.0 | 2,738.0 | 2,628.0 | 2,220.0 | 2,700.0 |
| King | 2,785.0 | 2,597.0 | 2,167.0 | 2,031.0 | 2,090.0 | 1,998.0 | 1,586.0 | |
| Blizzard | 2,012.0 | 1,975.0 | 1,905.0 | 1,852.0 | 2,291.0 | 2,139.0 | 2,439.0 | 1,565.0 |
| Other | | 455.0 | 72.0 | 387.0 | 381.0 | 252.0 | 363.0 | 399.0 |
| Total revenues | 7,528.0 | 8,803.0 | 8,086.0 | 6,489.0 | 7,500.0 | 7,017.0 | 6,608.0 | 4,664.0 |
| Revenue growth [+] | -14.5% | 8.9% | 24.6% | -13.5% | 6.9% | 6.2% | 41.7% | 5.8% |
| Activision | -13.3% | -4.2% | 77.6% | -19.0% | 4.2% | 18.4% | -17.8% | 0.5% |
| King | 7.2% | 19.8% | 6.7% | -2.8% | 4.6% | 26.0% | | |
| Blizzard | 1.9% | 3.7% | 2.9% | -19.2% | 7.1% | -12.3% | 55.8% | -9.0% |
| Cost of goods sold | 1,529.0 | 1,891.0 | 1,882.0 | 2,094.0 | 2,517.0 | 2,501.0 | 2,394.0 | 1,585.0 |
| Gross profit | 5,999.0 | 6,912.0 | 6,204.0 | 4,395.0 | 4,983.0 | 4,516.0 | 4,214.0 | 3,079.0 |
| Gross margin | 79.7% | 78.5% | 76.7% | 67.7% | 66.4% | 64.4% | 63.8% | 66.0% |
| Selling, general and administrative [+] | 2,218.0 | 1,813.0 | 1,848.0 | 1,658.0 | 1,884.0 | 2,123.0 | 1,844.0 | 1,114.0 |
| Sales and marketing | 1,217.0 | 1,025.0 | 1,064.0 | 926.0 | 1,062.0 | 1,378.0 | 1,210.0 | 734.0 |
| General and administrative | 1,001.0 | 788.0 | 784.0 | 732.0 | 822.0 | 745.0 | 634.0 | 380.0 |
| Research and development | 2,114.0 | 1,763.0 | 1,528.0 | 998.0 | 1,101.0 | 1,069.0 | 958.0 | 646.0 |
| Other operating expenses | -18.0 | 20.0 | 12.0 | 1.0 | -4.0 | 8.0 | 7.0 | |
| EBITDA [+] | 2,004.0 | 3,756.0 | 3,262.0 | 2,066.0 | 2,511.0 | 2,204.0 | 2,234.0 | 1,813.0 |
| EBITDA growth | -46.6% | 15.1% | 57.9% | -17.7% | 13.9% | -1.3% | 23.2% | 18.6% |
| EBITDA margin | 26.6% | 42.7% | 40.3% | 31.8% | 33.5% | 31.4% | 33.8% | 38.9% |
| Depreciation | 319.0 | 440.0 | 446.0 | 124.0 | 138.0 | 129.0 | 121.0 | 481.0 |
| EBITA | 1,685.0 | 3,316.0 | 2,816.0 | 1,942.0 | 2,373.0 | 2,075.0 | 2,113.0 | 1,332.0 |
| EBITA margin | 22.4% | 37.7% | 34.8% | 29.9% | 31.6% | 29.6% | 32.0% | 28.6% |
| Amortization of intangibles | | | | 204.0 | 371.0 | 759.0 | 708.0 | 13.0 |
| EBIT [+] | 1,685.0 | 3,316.0 | 2,816.0 | 1,738.0 | 2,002.0 | 1,316.0 | 1,405.0 | 1,319.0 |
| EBIT growth | -49.2% | 17.8% | 62.0% | -13.2% | 52.1% | -6.3% | 6.5% | 11.5% |
| EBIT margin | 22.4% | 37.7% | 34.8% | 26.8% | 26.7% | 18.8% | 21.3% | 28.3% |
| Non-recurring items | 15.0 | 57.0 | 82.0 | 131.0 | 14.0 | 7.0 | -7.0 | |
| Interest expense, net [+] | -57.0 | 103.0 | 78.0 | -79.0 | -65.0 | -24.0 | -10.0 | 193.0 |
| Interest expense | 108.0 | 108.0 | 99.0 | 90.0 | 140.0 | 162.0 | 217.0 | 193.0 |
| Interest income | 165.0 | 5.0 | 21.0 | 79.0 | 65.0 | 24.0 | 10.0 | |
| Other income (expense), net [+] | 17.0 | 8.0 | -40.0 | 37.0 | -36.0 | -20.0 | -99.0 | -5.0 |
| Gain (loss) on debt retirement | | | -31.0 | | -40.0 | -12.0 | -92.0 | |
| Other | 182.0 | 13.0 | 12.0 | 26.0 | -71.0 | -146.0 | -214.0 | -198.0 |
| Pre-tax income | 1,744.0 | 3,164.0 | 2,616.0 | 1,633.0 | 1,877.0 | 1,151.0 | 1,106.0 | 1,121.0 |
| Income taxes | 231.0 | 465.0 | 419.0 | 130.0 | 29.0 | 878.0 | 140.0 | 229.0 |
| Tax rate | 13.2% | 14.7% | 16.0% | 8.0% | 1.5% | 76.3% | 12.7% | 20.4% |
| Net income | 1,513.0 | 2,699.0 | 2,197.0 | 1,503.0 | 1,848.0 | 273.0 | 966.0 | 892.0 |
| Net margin | 20.1% | 30.7% | 27.2% | 23.2% | 24.6% | 3.9% | 14.6% | 19.1% |
| |
| Basic EPS [+] | $1.93 | $3.47 | $2.85 | $1.96 | $2.43 | $0.36 | $1.31 | $1.23 |
| Growth | -44.3% | 21.9% | 45.4% | -19.2% | 569.8% | -72.3% | 6.5% | 5.1% |
| Diluted EPS [+] | $1.92 | $3.44 | $2.82 | $1.95 | $2.40 | $0.36 | $1.28 | $1.21 |
| Growth | -44.3% | 21.9% | 44.9% | -18.7% | 572.5% | -72.2% | 6.1% | 4.9% |
| |
| Dividends per share [+] | $0.47 | $0.47 | $0.41 | $0.37 | $0.34 | $0.30 | $0.26 | $0.23 |
| Growth | 0.0% | 14.6% | 10.8% | 8.8% | 13.3% | 15.4% | 13.0% | 15.0% |
| |
| Shares outstanding (basic) [+] | 782.0 | 777.0 | 771.0 | 767.0 | 762.0 | 754.0 | 740.0 | 728.0 |
| Growth | 0.6% | 0.8% | 0.5% | 0.7% | 1.1% | 1.9% | 1.6% | 1.7% |
| Shares outstanding (diluted) [+] | 789.0 | 784.0 | 778.0 | 771.0 | 771.0 | 766.0 | 754.0 | 739.0 |
| Growth | 0.6% | 0.8% | 0.9% | 0.0% | 0.7% | 1.6% | 2.0% | 1.8% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|