Activision Blizzard’s Q3 2017 Financials Better Than Expected

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Activision Blizzard today announced its financial results for the quarter ended September 30, 2017 and reported net revenue at a Q3 record of $1.62 billion, as compared with $1.57 billion during the same period last year, up 3% YoY.

In Q3 2017, Activision accounted for the largest share in net revenue at $759 million, up 101% Year-on-Year, while Blizzard and King reported net revenue of $531 million and $528 million respectively.  According to the financial report, Activision achieved a ‘record Q3 segment revenues and operating income, capping record year-to-date performance’

Bobby Kotick, Chief Executive Officer of Activision Blizzard, said, “This was another strong quarter. We delivered record results and impressive engagement. With the recently released Destiny 2 off to a strong start, King’s position as the number one mobile publisher in the U.S., our release of Call of Duty®: WWII, and the upcoming launch of the Overwatch League™, we have great momentum as we approach the end of the year.”

Key highlights from the Q3 2017 Financial report include:

  • Activision had the biggest third-quarter online player community in its history, with a record 49 million Monthly Active Users (MAUs).
  • Activision and Bungie’s Destiny 2 is well ahead of the original Destiny on time spent per player and attach rate to the Expansion Pass. With the launch of the game on PC, Destiny 2 is now ahead of the original game in consumer spend as well.
  • Pre-order momentum for the highly anticipated Call of Duty: WWII launched today has been strong, with a higher percentage of pre-orders on the digital offering than previous Call of Duty titles.
  • Blizzard had the biggest third quarter online player community in its history, with a record 42 million MAUs. Overwatch® and Hearthstone® MAUs grew year-over-year. The Overwatch community grew to over 35 million registered players.

The full Activision Blizzard Financial Report release can be found here