Activision blizzard, inc. (ATVI)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08Jun'08
Net revenues
Net revenues

6,452

6,489

6,885

7,115

7,360

7,500

7,160

7,266

7,256

7,017

6,990

6,940

6,879

6,608

5,945

5,367

4,841

4,664

4,886

4,649

4,575

4,408

4,352

4,290

4,370

4,583

4,833

4,983

5,008

4,856

4,494

4,407

4,478

4,755

4,776

4,767

4,588

4,447

4,577

4,535

4,606

4,279

3,433

3,082

0

0

0

Costs and expenses
Cost of sales - online

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

220

207

205

204

215

234

251

263

276

273

261

255

263

265

259

250

222

216

214

212

201

190

0

0

0

Cost of sales - software royalties and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

120

-

209

191

183

187

202

205

224

194

193

198

188

218

259

296

300

338

347

340

375

348

262

224

0

0

0

Cost of sales - intellectual property licenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

50

48

51

87

109

114

120

89

133

139

143

165

161

178

183

197

257

269

294

315

199

161

0

0

0

Product development

987

998

1,027

1,080

1,091

1,101

1,096

1,106

1,103

1,069

1,035

1,011

1,008

958

866

776

676

646

638

610

573

571

582

591

602

584

608

593

615

604

622

630

601

629

656

641

625

626

626

630

653

627

562

539

0

0

0

Sales and marketing

962

926

902

983

1,018

1,062

1,219

1,301

1,383

1,378

1,279

1,274

1,288

1,210

1,119

968

810

734

691

723

700

712

705

628

603

606

599

586

606

578

626

610

564

545

490

485

520

516

506

524

517

544

471

394

0

0

0

General and administrative

720

732

726

757

803

822

828

811

766

745

688

653

651

634

568

521

454

380

372

403

408

417

485

507

496

490

495

454

548

561

536

519

456

456

456

465

412

375

346

339

357

395

395

339

0

0

0

Restructuring Charges

98

132

113

89

67

10

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25

25

22

19

0

-6

-7

8

23

90

0

0

0

-

Total costs and expenses

4,803

4,882

5,038

5,250

5,397

5,512

5,646

5,760

5,845

5,708

5,476

5,389

5,435

5,196

4,709

4,229

3,603

3,345

3,378

3,329

3,277

3,225

3,322

3,198

3,158

3,211

3,262

3,255

3,483

3,405

3,502

3,480

3,311

3,427

3,870

3,968

3,956

3,978

4,143

4,147

4,300

4,305

3,221

2,833

0

0

0

Operating Income (Loss)

1,649

1,607

1,847

1,865

1,963

1,988

1,514

1,506

1,411

1,309

1,514

1,551

1,444

1,412

1,236

1,138

1,238

1,319

1,508

1,320

1,298

1,183

1,030

1,092

1,212

1,372

1,571

1,728

1,525

1,451

992

927

1,167

1,328

906

799

632

469

434

388

306

-26

212

249

0

0

0

Interest and other expense (income), net (Note 12)

21

26

29

14

-46

-71

-90

-114

-134

-146

-157

-183

-202

-214

-227

-215

-200

-198

-201

-201

-201

-202

-203

-156

-106

-53

1

6

8

7

0

2

2

3

15

26

25

23

12

9

8

18

45

36

0

0

0

Loss on extinguishment of debt

-

-

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before income tax expense

1,670

1,633

1,876

1,839

1,877

1,877

1,372

1,380

1,265

1,151

1,265

1,276

1,150

1,106

1,009

923

1,038

1,121

1,307

1,119

1,097

981

827

936

1,106

1,319

1,572

1,734

1,533

1,458

992

929

1,169

1,331

921

825

657

492

446

397

314

-8

257

285

0

0

0

Income tax expense

109

130

211

118

82

29

794

874

918

878

155

155

121

140

137

123

177

229

213

175

161

146

179

209

259

309

382

374

312

309

98

113

203

246

168

169

117

74

235

240

0

-

0

0

-

0

0

Net Income (Loss) Attributable to Parent

1,561

1,503

1,665

1,721

1,795

1,848

578

506

347

273

1,110

1,121

1,029

966

872

800

861

892

1,094

944

936

835

648

727

847

1,010

1,190

1,360

1,221

1,149

894

816

966

1,085

753

656

540

418

365

329

305

113

291

304

0

0

0

Earnings Per Share [Abstract]
Basic (in dollars per share)

0.66

0.68

0.27

0.43

0.58

0.90

0.34

0.53

0.66

-0.78

0.25

0.32

0.57

0.34

0.27

0.20

0.49

0.21

0.17

0.29

0.54

0.49

-0.03

0.28

0.40

0.23

0.05

0.28

0.40

0.31

0.20

0.16

0.34

0.09

0.13

0.29

0.42

-0.18

0.04

0.18

0.30

-0.21

0.01

0.15

0.14

-0.08

0.05

Diluted (in dollars per share)

0.65

0.68

0.26

0.43

0.58

0.89

0.34

0.52

0.65

-0.77

0.25

0.32

0.56

0.34

0.26

0.20

0.48

0.20

0.17

0.29

0.53

0.48

-0.03

0.28

0.40

0.22

0.05

0.28

0.40

0.32

0.20

0.16

0.33

0.08

0.13

0.29

0.42

-0.18

0.04

0.17

0.30

-0.21

0.01

0.15

0.14

-0.08

0.05

Weighted-average number of shares outstanding
Basic (in shares)

769

771

767

766

764

765

763

761

759

758

755

754

749

744

742

739

735

732

730

727

723

721

718

716

709

743

1,122

1,118

1,113

1,110

1,109

1,109

1,120

1,138

1,140

1,141

1,173

1,196

1,212

1,232

1,248

1,264

1,271

1,289

1,308

1,271

591

Diluted (in shares)

774

773

771

770

770

773

771

770

770

773

766

764

761

758

756

753

749

751

739

735

731

741

718

725

720

759

1,134

1,127

1,120

1,116

1,114

1,115

1,127

1,144

1,148

1,150

1,182

1,205

1,227

1,248

1,264

1,256

1,297

1,332

1,359

1,271

591

Dividends per common share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

0.00

0.30

-

0.00

0.00

0.26

0.00

0.00

0.00

0.23

0.00

0.00

0.00

0.20

0.00

0.00

0.00

0.19

0.00

0.00

0.00

0.18

0.00

0.00

0.00

0.16

0.00

0.00

0.00

0.15

-

0.00

0.00

-

-

-

Product sales
Net revenues

1,862

1,975

2,083

2,086

2,191

2,255

2,183

2,304

2,321

2,110

2,069

2,040

2,060

2,196

2,211

2,281

2,308

2,447

2,830

2,742

2,801

2,786

2,845

2,840

2,980

3,201

3,461

3,665

3,736

3,620

3,267

3,100

3,070

3,257

3,259

3,287

3,162

3,087

3,258

3,272

3,376

3,080

2,261

1,930

0

0

0

Subscription, licensing, and other revenues
Net revenues

4,590

4,514

4,802

5,029

5,169

5,245

4,977

4,962

4,935

4,907

4,921

4,900

4,819

4,412

3,734

3,086

2,533

2,217

2,056

1,907

1,774

1,622

1,507

1,450

1,390

1,382

1,372

1,318

1,272

1,236

1,227

1,307

1,408

1,498

1,517

1,480

1,426

1,360

1,319

1,263

1,230

1,199

1,172

1,152

0

0

0

Product costs
Cost of revenues

623

656

692

682

709

719

726

748

752

733

734

696

715

741

766

834

832

872

948

925

965

981

1,071

1,026

1,018

1,053

1,034

1,069

1,119

1,116

1,116

1,108

1,092

1,134

1,234

1,290

1,312

1,350

1,436

1,427

1,473

1,432

1,041

895

0

0

0

Software royalties, amortization, and intellectual property licenses
Cost of revenues

211

240

327

338

336

371

315

332

358

300

281

286

291

331

312

340

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenues

218

233

285

344

376

399

403

411

446

484

511

533

541

471

344

224

-27

-

84

93

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Game operations and distribution costs
Cost of revenues

984

965

966

977

997

1,028

1,044

1,036

1,022

984

948

936

941

851

691

515

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-