Activision Blizzard, Inc. (ATVI) — Financial statements
Income statement, balance sheet, and cash flow for Activision Blizzard, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 7,528↓14.5% | 8,803↑8.9% | 8,086↑25.4% | 6,450↓14.0% | 7,500 | |
| Cost of Revenue | 2,222↓4.1% | 2,317↑2.5% | 2,260↑7.9% | 2,094↓16.8% | 2,517 | |
| Gross Profit | 5,306↓18.2% | 6,486↑11.3% | 5,826↑32.6% | 4,395↓11.8% | 4,983 | |
| Operating Expenses | ||||||
| R&D Expenses | 1,421↑6.3% | 1,337↑16.3% | 1,150↑15.2% | 998↓9.4% | 1,101 | |
| General & Administrative Expenses | 1,001↑27.0% | 788↑0.5% | 784↑7.1% | 732↓12.0% | 832 | |
| Selling & Marketing Expenses | 1,217↑18.7% | 1,025↓3.7% | 1,064↑14.9% | 926↓12.8% | 1,062 | |
| SG&A Expenses | 2,218↑22.3% | 1,813↓1.9% | 1,848↑11.5% | 1,658↓12.5% | 1,894 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 3,639↑15.5% | 3,150↑5.1% | 2,998↑12.9% | 2,656↓11.3% | 2,995 | |
| Total Costs & Expenses | 5,861↑7.2% | 5,467↑4.0% | 5,258↑10.7% | 4,750↓13.8% | 5,512 | |
| Operating Results | ||||||
| Operating Income | 1,670↓48.8% | 3,259↑19.2% | 2,734↑70.1% | 1,607↓19.2% | 1,988 | |
| Depreciation & Amortization | 396↓21.6% | 505↓1.2% | 511↓17.2% | 617↓38.2% | 998 | |
| EBITDA | 2,248↓40.5% | 3,777↑17.1% | 3,226↑37.9% | 2,340↓22.4% | 3,015 | |
| EBIT | 1,852↓43.4% | 3,272↑20.5% | 2,715↑57.6% | 1,723↓14.6% | 2,017 | |
| Interest & Other Income | ||||||
| Net Interest Income | 57↑155.3% | -103↓32.1% | -78↓609.1% | -11↑92.7% | -151 | |
| Interest Income | 165↑3200.0% | 5↓76.2% | 21↓73.4% | 79 | 0.00 | |
| Interest Expense | 108↑0.0% | 108↑9.1% | 99↑10.0% | 90↓40.4% | 151 | |
| Non-Operating Income | -182↓1300.0% | -13↓168.4% | 19↑116.4% | -116↓300.0% | -29 | |
| Other Income / Expenses | 74↑177.9% | -95↑19.5% | -118↓553.8% | 26↑123.4% | -111 | |
| Income Before Tax | 1,744↓44.9% | 3,164↑20.9% | 2,616↑60.2% | 1,633↓13.0% | 1,877 | |
| Income Tax Expense | 231↓50.3% | 465↑11.0% | 419↑222.3% | 130↑348.3% | 29 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,513↓43.9% | 2,699↑22.8% | 2,197↑46.2% | 1,503↓18.7% | 1,848 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 1,513↓43.9% | 2,699↑22.8% | 2,197↑46.2% | 1,503↓17.1% | 1,813 | |
| Bottom-Line Net Income | 1,513↓43.9% | 2,699↑22.8% | 2,197↑46.2% | 1,503↓18.7% | 1,848 | |
| EPS (Basic) | 1.92↓44.7% | 3.47↑21.8% | 2.85↑45.4% | 1.96↓16.6% | 2.35 | |
| EPS (Diluted) | 1.92↓44.2% | 3.44↑22.0% | 2.82↑44.6% | 1.95↓17.0% | 2.35 | |
| Weighted Average Shares | 782↑0.6% | 777↑0.8% | 771↑0.5% | 767↑0.7% | 762 | |
| Weighted Average Diluted Shares | 789↑0.6% | 784↑0.8% | 778↑0.9% | 771↑0.0% | 771 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.