Activision 2021 earnings: Best year ever, record revenues and income

Activision just delivered two consecutive years of record-breaking growth with $8.8 billion in net revenues through 2021.

@DeekeTweak
Published Sat, Feb 5 2022 5:18 PM CST   |   Updated Thu, Mar 3 2022 4:28 PM CST

2021 was the best year ever for Activision-Blizzard with record-breaking net revenues, income, and in-game net bookings.

Activision 2021 earnings: Best year ever, record revenues and income 66 | TweakTown.com
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Activision-Blizzard's games business is remarkably resilient. Despite ongoing controversy from sexual harassment lawsuits, the major delay of big games like Overwatch 2 and Diablo IV, not releasing very may games, and a drop in Call of Duty game sales, Activision just reported its best year ever.

2021 full of milestone, mostly thanks to online-driven live services, digital content, and a hefty $950 million deferral + distribution deal stream. Activision-Blizzard hit new high points in 2021 across pretty much every trackable earnings metric.

  • $8.804 billion net revenue, second consecutive year of record revenues
  • $3.26 billion operating income, all-time highest point driven by live games
  • $2.7 billion net income, highest ever
  • $5.1 billion in net bookings, largest ever revenues thanks to myriad of live services, subscriptions
Activision 2021 earnings: Best year ever, record revenues and income 4 | TweakTown.com

With numbers like these, it's easy to see why Microsoft is willing to pay $68.7 billion for Activision.

Microsoft wants Activision's IPs and its live service infrastructure--and it wants the teams that not only create them, but operate them too.

Despite Vanguard's apparent sales slip, Activision's segment generated $1.157 billion in the Q4 period and a total of $3.478 billion for the year, which is the second-best quarter of all time for the Call of Duty segment.

Activision 2021 earnings: Best year ever, record revenues and income 45 | TweakTown.com

Derek joined the TweakTown team in 2015 and has since reviewed and played 1000s of hours of new games. Derek is absorbed with the intersection of technology and gaming, and is always looking forward to new advancements. With over six years in games journalism under his belt, Derek aims to further engage the gaming sector while taking a peek under the tech that powers it. He hopes to one day explore the stars in No Man's Sky with the magic of VR.

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