Apex Legends will deliver nearly $1 billion in revenues through Fiscal Year 2022, EA confirms.
Since its 2019 debut, Apex Legends has become one of the most profitable franchises in EA's portfolio. The franchise generated over $1 billion in total lifetime revenues in less than two years, and made $600 million alone in FY2021. Now the game is expected to deliver even more in FY2022.
In a recent Q3'22 earnings call, EA CEO Andrew Wilson said Apex will make "close to $1 billion in FY22." This revenue was driven by a sharp 30% spike in players during the holiday period, as well as 540 million accounts worldwide, of which 180 million were MAUs.
Apex Legends has also grown to 100 million players.
Company Chief Financial Officer Blake Jorgensen said FY22 was the best year ever from the free-to-play BR:
"Apex is now one of the biggest and most successful live services with more than 28 million new players joining last year. FY22 is biggest new year for Apex," Jorgensen said.
"Player investment has grown significantly over year, and Apex should make nearly $1 billion in FY22."
This performance aligns with EA's expectations. In the past, EA said it expected Apex Legends to contribute nearly $1 billion to EA's total net bookings every year.
EA's Q3 net bookings hit a record all-time high of $2.7 billion, driven by FIFA 22, Madden NFL 22, and Apex Legends.
- > NEXT STORY: EA has 3-4 unannounced games to release in FY23 period
- < PREVIOUS STORY: EA now lukewarm on NFTs: 'Right now we're not driving hard' on NFTs