The decrease was primarily driven by decreased sales of extra content for Apex Legends and from sunset mobile titles, partially offset by an increase in net revenue primarily driven by sales of extra content for Ultimate Team within our American football and global football franchises.

The decrease was primarily driven by the prior year release of Star Wars Jedi: Survivor, and legacy FIFA titles within our global football franchise, partially offset by our American football franchises driven by EA SPORTS College Football 25 and our EA SPORTS FC franchise.

The company repurchased 17.6 million shares for approximately $2,500 million and returned $199 million through our quarterly cash dividend program.

The increase was primarily due to a $67 million increase in personnel-related costs as part of our continued investment in our studios, a $39 million increase in stock-based compensation, and an $11 million increase in contracted services.

This decrease was primarily due to a decrease in advertising and promotional spending related to Star Wars Jedi: Survivor, and Apex Legends, partially offset by an increase in advertising and promotional spending related to the release of Dragon Age: The Veilguard in fiscal year 2025.

This increase was primarily due to a $20 million increase in personnel-related costs, a $9 million increase in stock-based compensation, and a $13 million increase in IT and facility-related costs.

The company faces significant competition from established interactive entertainment companies, emerging start-ups, and large, diversified companies with greater financial and other resources.

The ability to meet development schedules is affected by factors both within and outside the company's control, including feedback from players, creative processes, coordination of development teams, and the complexity of products and platforms.

The company is subject to global data privacy, data protection, security, and consumer-protection laws and regulations, which are emerging and evolving, and the interpretation, application and enforcement of these laws and regulations often are uncertain, contradictory and changing.

The underperformance of a single major title has had, and could in the future have, a material adverse impact on the company's financial results.

A significant percentage of digital net revenue is attributable to sales of products and services through our significant partners, including Sony, Microsoft, Apple and Google.

The company competes against providers of different sources of entertainment, such as movies, television, social media, online casual entertainment and music that our players could enjoy in their free time.

The company announced a restructuring plan focused on aligning our portfolio, investments, and resources in support of our strategic priorities and growth initiatives.

The company is working to improve the efficiency of its operations by reducing costs and streamlining processes.

The company is facing challenges in managing its supply chain due to the global pandemic and other factors.

The company expects developments in artificial intelligence to accelerate the production of its products and services and enable new experiences for our players.

The use of artificial intelligence might present social and ethical issues that, if not managed appropriately, may result in legal and reputational harm, cause consumers to lose confidence in our business and brands and negatively impact our financial and operating results.

The company's systems and networks are subject to actions by malfeasant actors, which may include individuals or groups, including state-sponsored attackers.

The company's Audit Committee authorized a new program to repurchase up to $5.0 billion of our common stock.

The company currently expects to continue to pay comparable cash dividends on a quarterly basis in the future.

Research and development expenses increased by $149 million, or 6 percent, in fiscal year 2025, as compared to fiscal year 2024.

The company is committed to ethical and responsible business practices, including compliance with all applicable laws and regulations.

The company is working to reduce its environmental impact by reducing its carbon footprint and using sustainable materials.

The company is committed to diversity and inclusion in its workforce and in its products.

The United States and other international economies have experienced cyclical downturns from time to time.

The company is particularly susceptible to market conditions and risks associated with the entertainment industry, which, in addition to general macroeconomic downturns, also include the popularity, price and timing of our products and services, changes in consumer demographics, the availability and popularity of other forms of entertainment, and critical reviews and public tastes and preferences, among other factors which may change rapidly and cannot necessarily be predicted.

The market price of our common stock historically has been, and we expect will continue to be, subject to significant fluctuations.