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Side-by-side financial comparison of Electronic Arts (EA) and WATSCO INC (WSO). Click either name above to swap in a different company.
Electronic Arts is the larger business by last-quarter revenue ($2.1B vs $1.6B, roughly 1.3× WATSCO INC). Electronic Arts runs the higher net margin — 21.7% vs 4.5%, a 17.2% gap on every dollar of revenue. On growth, Electronic Arts posted the faster year-over-year revenue change (1.0% vs -10.0%). Electronic Arts produced more free cash flow last quarter ($495.0M vs $388.5M). Over the past eight quarters, Electronic Arts's revenue compounded faster (13.0% CAGR vs 0.4%).
Electronic Arts Inc. (EA) is an American video game company headquartered in Redwood City, California. Founded in May 1982 by former Apple employee Trip Hawkins, the company was a pioneer of the early home computer game industry and promoted the designers and programmers responsible for its games as "software artists".
Watsco, Inc. is a distributor of air conditioning, heating and refrigeration equipment, and related parts and supplies (HVAC/R) in the United States. Watsco was founded more than 60 years ago as a manufacturer of parts, components, and tools used in the HVAC/R industry. In 1989, the company shifted from manufacturing to distribution, by acquiring Gemaire Distributors Inc., a South Florida-based Rheem distributor.
EA vs WSO — Head-to-Head
Income Statement — Q4 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.1B | $1.6B |
| Net Profit | $461.0M | $71.7M |
| Gross Margin | 82.8% | 27.1% |
| Operating Margin | 26.6% | 6.4% |
| Net Margin | 21.7% | 4.5% |
| Revenue YoY | 1.0% | -10.0% |
| Net Profit YoY | 81.5% | -25.9% |
| EPS (diluted) | $1.81 | $1.82 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $2.1B | — | ||
| Q4 25 | $1.9B | $1.6B | ||
| Q3 25 | $1.8B | $2.1B | ||
| Q2 25 | $1.7B | $2.1B | ||
| Q1 25 | $1.9B | $1.5B | ||
| Q4 24 | $1.9B | $1.8B | ||
| Q3 24 | $2.0B | $2.2B | ||
| Q2 24 | $1.7B | $2.1B |
| Q1 26 | $461.0M | — | ||
| Q4 25 | $88.0M | $71.7M | ||
| Q3 25 | $137.0M | $161.6M | ||
| Q2 25 | $201.0M | $183.6M | ||
| Q1 25 | $254.0M | $80.1M | ||
| Q4 24 | $293.0M | $96.8M | ||
| Q3 24 | $294.0M | $171.0M | ||
| Q2 24 | $280.0M | $181.4M |
| Q1 26 | 82.8% | — | ||
| Q4 25 | 73.8% | 27.1% | ||
| Q3 25 | 75.9% | 27.5% | ||
| Q2 25 | 83.3% | 29.3% | ||
| Q1 25 | 80.6% | 28.1% | ||
| Q4 24 | 75.8% | 26.7% | ||
| Q3 24 | 77.5% | 26.2% | ||
| Q2 24 | 84.2% | 27.1% |
| Q1 26 | 26.6% | — | ||
| Q4 25 | 6.7% | 6.4% | ||
| Q3 25 | 10.9% | 11.4% | ||
| Q2 25 | 16.2% | 13.2% | ||
| Q1 25 | 20.8% | 7.3% | ||
| Q4 24 | 20.0% | 7.8% | ||
| Q3 24 | 19.0% | 11.6% | ||
| Q2 24 | 21.9% | 12.6% |
| Q1 26 | 21.7% | — | ||
| Q4 25 | 4.6% | 4.5% | ||
| Q3 25 | 7.4% | 7.8% | ||
| Q2 25 | 12.0% | 8.9% | ||
| Q1 25 | 13.4% | 5.2% | ||
| Q4 24 | 15.6% | 5.5% | ||
| Q3 24 | 14.5% | 7.9% | ||
| Q2 24 | 16.9% | 8.5% |
| Q1 26 | $1.81 | — | ||
| Q4 25 | $0.35 | $1.82 | ||
| Q3 25 | $0.54 | $3.98 | ||
| Q2 25 | $0.79 | $4.52 | ||
| Q1 25 | $0.99 | $1.93 | ||
| Q4 24 | $1.11 | $2.42 | ||
| Q3 24 | $1.11 | $4.22 | ||
| Q2 24 | $1.04 | $4.49 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.0M | $733.3M |
| Total DebtLower is stronger | — | $361.6M |
| Stockholders' EquityBook value | $6.8M | $2.8B |
| Total Assets | $13.1M | $4.4B |
| Debt / EquityLower = less leverage | — | 0.13× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $3.0M | — | ||
| Q4 25 | $2.8B | $733.3M | ||
| Q3 25 | $1.1B | $524.3M | ||
| Q2 25 | $1.5B | $293.0M | ||
| Q1 25 | $2.1B | $431.8M | ||
| Q4 24 | $2.8B | $781.9M | ||
| Q3 24 | $2.2B | $550.0M | ||
| Q2 24 | $2.4B | $424.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $361.6M | ||
| Q3 25 | — | $340.8M | ||
| Q2 25 | — | $338.7M | ||
| Q1 25 | — | $346.4M | ||
| Q4 24 | — | $337.2M | ||
| Q3 24 | — | $321.0M | ||
| Q2 24 | — | $307.1M |
| Q1 26 | $6.8M | — | ||
| Q4 25 | $6.2B | $2.8B | ||
| Q3 25 | $6.0B | $2.8B | ||
| Q2 25 | $6.1B | $2.8B | ||
| Q1 25 | $6.4B | $2.7B | ||
| Q4 24 | $7.4B | $2.7B | ||
| Q3 24 | $7.4B | $2.7B | ||
| Q2 24 | $7.4B | $2.6B |
| Q1 26 | $13.1M | — | ||
| Q4 25 | $13.3B | $4.4B | ||
| Q3 25 | $11.9B | $4.6B | ||
| Q2 25 | $11.7B | $4.7B | ||
| Q1 25 | $12.4B | $4.5B | ||
| Q4 24 | $13.5B | $4.5B | ||
| Q3 24 | $13.1B | $4.5B | ||
| Q2 24 | $12.7B | $4.4B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.13× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | 0.12× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | — | 0.12× | ||
| Q2 24 | — | 0.12× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $580.0M | $399.8M |
| Free Cash FlowOCF − Capex | $495.0M | $388.5M |
| FCF MarginFCF / Revenue | 23.3% | 24.6% |
| Capex IntensityCapex / Revenue | 2.9% | 0.7% |
| Cash ConversionOCF / Net Profit | 1.26× | 5.57× |
| TTM Free Cash FlowTrailing 4 quarters | — | $535.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $580.0M | — | ||
| Q4 25 | $1.8B | $399.8M | ||
| Q3 25 | $130.0M | $354.9M | ||
| Q2 25 | $17.0M | $-7.4M | ||
| Q1 25 | $549.0M | $-177.6M | ||
| Q4 24 | $1.2B | $378.9M | ||
| Q3 24 | $234.0M | $232.8M | ||
| Q2 24 | $120.0M | $57.7M |
| Q1 26 | $495.0M | — | ||
| Q4 25 | — | $388.5M | ||
| Q3 25 | — | $346.1M | ||
| Q2 25 | — | $-14.3M | ||
| Q1 25 | — | $-185.2M | ||
| Q4 24 | — | $370.9M | ||
| Q3 24 | — | $223.0M | ||
| Q2 24 | — | $51.3M |
| Q1 26 | 23.3% | — | ||
| Q4 25 | — | 24.6% | ||
| Q3 25 | — | 16.7% | ||
| Q2 25 | — | -0.7% | ||
| Q1 25 | — | -12.1% | ||
| Q4 24 | — | 21.1% | ||
| Q3 24 | — | 10.3% | ||
| Q2 24 | — | 2.4% |
| Q1 26 | 2.9% | — | ||
| Q4 25 | — | 0.7% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.5% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 0.3% |
| Q1 26 | 1.26× | — | ||
| Q4 25 | 20.75× | 5.57× | ||
| Q3 25 | 0.95× | 2.20× | ||
| Q2 25 | 0.08× | -0.04× | ||
| Q1 25 | 2.16× | -2.22× | ||
| Q4 24 | 4.01× | 3.91× | ||
| Q3 24 | 0.80× | 1.36× | ||
| Q2 24 | 0.43× | 0.32× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EA
| Live services and other | $1.5B | 71% |
| Full game | $609.0M | 29% |
WSO
Segment breakdown not available.
