Activision Blizzard Inc
NASDAQ:ATVI
Income Statement
Earnings Waterfall
Activision Blizzard Inc
Revenue
|
8.7B
USD
|
Cost of Revenue
|
-2.6B
USD
|
Gross Profit
|
6.1B
USD
|
Operating Expenses
|
-3.9B
USD
|
Operating Income
|
2.2B
USD
|
Other Expenses
|
-71m
USD
|
Net Income
|
2.2B
USD
|
Income Statement
Activision Blizzard Inc
Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
4 984
N/A
|
4 834
-3%
|
4 583
-5%
|
4 370
-5%
|
4 289
-2%
|
4 351
+1%
|
4 408
+1%
|
4 575
+4%
|
4 650
+2%
|
4 887
+5%
|
4 664
-5%
|
4 841
+4%
|
5 367
+11%
|
5 945
+11%
|
6 608
+11%
|
6 878
+4%
|
6 939
+1%
|
6 989
+1%
|
7 017
+0%
|
7 257
+3%
|
7 267
+0%
|
7 161
-1%
|
7 500
+5%
|
7 359
-2%
|
7 114
-3%
|
6 884
-3%
|
6 489
-6%
|
6 452
-1%
|
6 988
+8%
|
7 660
+10%
|
8 086
+6%
|
8 573
+6%
|
8 937
+4%
|
9 053
+1%
|
8 803
-3%
|
8 297
-6%
|
7 645
-8%
|
7 357
-4%
|
7 528
+2%
|
8 143
+8%
|
8 706
+7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 646)
|
(1 584)
|
(1 531)
|
(1 456)
|
(1 470)
|
(1 548)
|
(1 525)
|
(1 596)
|
(1 594)
|
(1 678)
|
(1 585)
|
(1 663)
|
(1 964)
|
(2 156)
|
(2 394)
|
(2 488)
|
(2 451)
|
(2 474)
|
(2 501)
|
(2 578)
|
(2 527)
|
(2 488)
|
(2 517)
|
(2 418)
|
(2 341)
|
(2 270)
|
(2 094)
|
(2 037)
|
(2 073)
|
(2 100)
|
(2 260)
|
(2 333)
|
(2 419)
|
(2 477)
|
(2 317)
|
(2 219)
|
(2 149)
|
(2 124)
|
(2 222)
|
(2 408)
|
(2 579)
|
|
Gross Profit |
3 338
N/A
|
3 250
-3%
|
3 052
-6%
|
2 914
-5%
|
2 819
-3%
|
2 803
-1%
|
2 883
+3%
|
2 979
+3%
|
3 056
+3%
|
3 209
+5%
|
3 079
-4%
|
3 178
+3%
|
3 403
+7%
|
3 789
+11%
|
4 214
+11%
|
4 390
+4%
|
4 488
+2%
|
4 515
+1%
|
4 516
+0%
|
4 679
+4%
|
4 740
+1%
|
4 673
-1%
|
4 983
+7%
|
4 941
-1%
|
4 773
-3%
|
4 614
-3%
|
4 395
-5%
|
4 415
+0%
|
4 915
+11%
|
5 560
+13%
|
5 826
+5%
|
6 240
+7%
|
6 518
+4%
|
6 576
+1%
|
6 486
-1%
|
6 078
-6%
|
5 496
-10%
|
5 233
-5%
|
5 306
+1%
|
5 735
+8%
|
6 127
+7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 610)
|
(1 679)
|
(1 680)
|
(1 702)
|
(1 727)
|
(1 773)
|
(1 700)
|
(1 681)
|
(1 736)
|
(1 701)
|
(1 760)
|
(1 940)
|
(2 265)
|
(2 553)
|
(2 802)
|
(3 038)
|
(3 029)
|
(3 093)
|
(3 207)
|
(3 279)
|
(3 245)
|
(3 158)
|
(2 985)
|
(2 911)
|
(2 819)
|
(2 654)
|
(2 656)
|
(2 669)
|
(2 772)
|
(2 901)
|
(2 998)
|
(3 223)
|
(3 284)
|
(3 302)
|
(3 150)
|
(3 090)
|
(3 145)
|
(3 222)
|
(3 639)
|
(3 744)
|
(3 891)
|
|
Selling, General & Administrative |
(1 041)
|
(1 095)
|
(1 096)
|
(1 099)
|
(1 134)
|
(1 189)
|
(1 129)
|
(1 108)
|
(1 127)
|
(1 064)
|
(1 114)
|
(1 264)
|
(1 489)
|
(1 687)
|
(1 844)
|
(1 938)
|
(1 926)
|
(1 966)
|
(2 138)
|
(2 164)
|
(2 127)
|
(2 062)
|
(1 884)
|
(1 819)
|
(1 738)
|
(1 626)
|
(1 658)
|
(1 681)
|
(1 737)
|
(1 802)
|
(1 848)
|
(1 957)
|
(1 974)
|
(1 937)
|
(1 813)
|
(1 759)
|
(1 838)
|
(1 967)
|
(2 218)
|
(2 269)
|
(2 319)
|
|
Research & Development |
(569)
|
(584)
|
(584)
|
(603)
|
(593)
|
(584)
|
(571)
|
(573)
|
(609)
|
(637)
|
(646)
|
(676)
|
(776)
|
(866)
|
(958)
|
(1 008)
|
(1 011)
|
(1 035)
|
(1 069)
|
(1 103)
|
(1 106)
|
(1 096)
|
(1 101)
|
(1 092)
|
(1 081)
|
(1 028)
|
(998)
|
(988)
|
(1 035)
|
(1 099)
|
(1 150)
|
(1 266)
|
(1 310)
|
(1 365)
|
(1 337)
|
(1 331)
|
(1 307)
|
(1 255)
|
(1 421)
|
(1 476)
|
(1 570)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(92)
|
(92)
|
(92)
|
0
|
(12)
|
(12)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
1 728
N/A
|
1 571
-9%
|
1 372
-13%
|
1 212
-12%
|
1 092
-10%
|
1 030
-6%
|
1 183
+15%
|
1 298
+10%
|
1 320
+2%
|
1 508
+14%
|
1 319
-13%
|
1 238
-6%
|
1 138
-8%
|
1 236
+9%
|
1 412
+14%
|
1 352
-4%
|
1 459
+8%
|
1 422
-3%
|
1 309
-8%
|
1 400
+7%
|
1 495
+7%
|
1 515
+1%
|
1 998
+32%
|
2 030
+2%
|
1 954
-4%
|
1 960
+0%
|
1 739
-11%
|
1 746
+0%
|
2 143
+23%
|
2 659
+24%
|
2 828
+6%
|
3 017
+7%
|
3 234
+7%
|
3 274
+1%
|
3 336
+2%
|
2 988
-10%
|
2 351
-21%
|
2 011
-14%
|
1 667
-17%
|
1 991
+19%
|
2 236
+12%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
7
|
2
|
(53)
|
(107)
|
(157)
|
(204)
|
(202)
|
(201)
|
(201)
|
(199)
|
(199)
|
(206)
|
(219)
|
(224)
|
(217)
|
(202)
|
(177)
|
(164)
|
(162)
|
(149)
|
(154)
|
(146)
|
(81)
|
(40)
|
0
|
31
|
(15)
|
(21)
|
(39)
|
(60)
|
(75)
|
(97)
|
(30)
|
(69)
|
(75)
|
(64)
|
(127)
|
(51)
|
56
|
169
|
321
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(92)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
(52)
|
(50)
|
(107)
|
(129)
|
(113)
|
(132)
|
(97)
|
(81)
|
(97)
|
(125)
|
(131)
|
(138)
|
(101)
|
(77)
|
(45)
|
(29)
|
(28)
|
3
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
1
|
6
|
4
|
(3)
|
3
|
1
|
(5)
|
8
|
16
|
13
|
38
|
54
|
10
|
(6)
|
14
|
(2)
|
41
|
42
|
4
|
(2)
|
(12)
|
(12)
|
(14)
|
(15)
|
(20)
|
(15)
|
(12)
|
(8)
|
18
|
14
|
20
|
|
Pre-Tax Income |
1 735
N/A
|
1 573
-9%
|
1 319
-16%
|
1 105
-16%
|
935
-15%
|
826
-12%
|
981
+19%
|
1 097
+12%
|
1 119
+2%
|
1 307
+17%
|
1 121
-14%
|
1 038
-7%
|
923
-11%
|
1 009
+9%
|
1 106
+10%
|
1 151
+4%
|
1 277
+11%
|
1 266
-1%
|
1 151
-9%
|
1 264
+10%
|
1 379
+9%
|
1 371
-1%
|
1 877
+37%
|
1 877
N/A
|
1 839
-2%
|
1 876
+2%
|
1 633
-13%
|
1 670
+2%
|
2 027
+21%
|
2 500
+23%
|
2 616
+5%
|
2 777
+6%
|
3 052
+10%
|
3 089
+1%
|
3 164
+2%
|
2 864
-9%
|
2 183
-24%
|
1 924
-12%
|
1 744
-9%
|
2 174
+25%
|
2 577
+19%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(375)
|
(383)
|
(309)
|
(259)
|
(209)
|
(179)
|
(146)
|
(161)
|
(175)
|
(213)
|
(229)
|
(177)
|
(123)
|
(137)
|
(140)
|
(122)
|
(156)
|
(156)
|
(242)
|
(282)
|
(238)
|
(158)
|
(369)
|
(422)
|
(458)
|
(551)
|
(130)
|
(108)
|
(213)
|
(286)
|
(419)
|
(465)
|
(444)
|
(446)
|
(465)
|
(390)
|
(305)
|
(250)
|
(231)
|
(316)
|
(412)
|
|
Income from Continuing Operations |
1 360
|
1 190
|
1 010
|
846
|
726
|
647
|
835
|
936
|
944
|
1 094
|
892
|
861
|
800
|
872
|
966
|
1 029
|
1 121
|
1 110
|
909
|
982
|
1 141
|
1 213
|
1 508
|
1 455
|
1 381
|
1 325
|
1 503
|
1 562
|
1 814
|
2 214
|
2 197
|
2 312
|
2 608
|
2 643
|
2 699
|
2 474
|
1 878
|
1 674
|
1 513
|
1 858
|
2 165
|
|
Net Income (Common) |
1 331
N/A
|
1 165
-12%
|
987
-15%
|
826
-16%
|
708
-14%
|
630
-11%
|
817
+30%
|
919
+12%
|
929
+1%
|
1 077
+16%
|
881
-18%
|
853
-3%
|
793
-7%
|
866
+9%
|
962
+11%
|
1 027
+7%
|
1 120
+9%
|
1 110
-1%
|
273
-75%
|
346
+27%
|
505
+46%
|
577
+14%
|
1 848
+220%
|
1 795
-3%
|
1 721
-4%
|
1 665
-3%
|
1 503
-10%
|
1 562
+4%
|
1 814
+16%
|
2 214
+22%
|
2 197
-1%
|
2 312
+5%
|
2 608
+13%
|
2 643
+1%
|
2 699
+2%
|
2 474
-8%
|
1 878
-24%
|
1 674
-11%
|
1 513
-10%
|
1 858
+23%
|
2 165
+17%
|
|
EPS (Diluted) |
1.19
N/A
|
1.04
-13%
|
0.95
-9%
|
1.14
+20%
|
0.95
-17%
|
0.87
-8%
|
1.13
+30%
|
1.27
+12%
|
1.28
+1%
|
1.45
+13%
|
1.19
-18%
|
1.15
-3%
|
1.06
-8%
|
1.15
+8%
|
1.28
+11%
|
1.35
+5%
|
1.47
+9%
|
1.46
-1%
|
0.35
-76%
|
0.44
+26%
|
0.65
+48%
|
0.74
+14%
|
2.39
+223%
|
2.33
-3%
|
2.23
-4%
|
2.15
-4%
|
1.95
-9%
|
2.02
+4%
|
2.34
+16%
|
2.86
+22%
|
2.82
-1%
|
2.97
+5%
|
3.34
+12%
|
3.37
+1%
|
3.44
+2%
|
3.16
-8%
|
2.39
-24%
|
2.13
-11%
|
1.92
-10%
|
2.35
+22%
|
2.73
+16%
|