Communication Services
Electronic Gaming & Multimedia
$39.32B
13.7K
Key insights and themes extracted from this filing
Total net revenue increased by 2% year-over-year to $7.562 billion, with live services and other net revenue contributing $5.547 billion, a 1% increase year-over-year. This indicates a reliance on live services for growth.
Gross margin increased to 77.4%, up 2 percentage points year-over-year, while operating expenses increased by 1% year-over-year to $4.334 billion. This suggests improved efficiency in cost of goods sold.
Net income increased by 59% year-over-year to $1.273 billion, with diluted earnings per share of $4.68. This reflects improved profitability despite increased operating expenses.