EA expects “40% decline” in Apex Legends revenue

Tom Bull

Tom Bull

EA have revealed their projections for Apex Legends revenue.

The latest EA earnings report has shined a light on Apex Legends expected revenue over the next year. This insight comes amid a background of mixed fortunes for the Battle Royale game. Apex Legends has seen a decline in player numbers over the last 12 months and developer Respawn recently announced a wave of layoffs across the game and other projects.

However, the report also restates EA's commitment to carrying Apex Legends forwards. There has been a notable increase in player numbers since February 2025 and the development team are making bigger and bolder changes in each update. A recent patch was hailed as the best in the games history by players. The game has already made billions of dollars since its release.

Apex Legends revenue expected to fall

The revelation about Apex Legends revenue comes from the Q4 2025 Electronic Arts Earnings Call, that took place on May 6. This meeting shared detailed insights into the companies financial performance and plans moving forward.

"while Apex Legends' traction in line with our expectations for the past two quarters, our FY26 guide assumes an approximately 40% year over year decline in net bookings. We expect stronger headwinds in the first half of the fiscal year, followed by more moderate declines in the back half."

EA's 2025 Q4 financial report

The decline in revenue is not totally unsurprising. Apex Legends reached its lowest player count in over three years back in September 2024. There was also a lot of backlash to a change to the Battle Pass which seems to have not generated the additional revenue that EA were looking for. Ultimately less players means less customers spending money.

There has been a noticeable shift in the way the game is being developed. Developers have told esports.gg that they want to take more risks with the game. Recent changes have been a lot more aggressive, with bigger shifts in the meta. Additionally, the game is focused more on universal heirlooms than single legend ones.

The new strategy seems to be working. Player numbers rose significantly in February 2025 and April 2025 and early stats look good for Season 25.

If this trajectory continues, Apex Legends revenue might be better than expected. Regardless, EA have restated their commitment to the game and there are even rumours of an Apex Legends 2.0 update. Revenue declines or not, the game is here to stay.

Stay tuned to esports.gg for more Apex Legends coverage and esports news.