Activision Blizzard announces FY2016 results

Activision Blizzard, Inc has announced record full-year 2016 financial results.

For the year ended December 31, 2016, Activision Blizzard’s net revenues were a record $6.61 billion, as compared with $4.66 billion for 2015, an increase of 42%. Net revenues from digital channels were a record $4.87 billion, growing 94% year-over-year. Activision Blizzard generated a record $2.16 billion in operating cash flow for the year ended December 31, 2016, an increase of 71% year-over-year.

Activision Blizzard had 447 million Monthly Active Users (MAUs) in the quarter. Blizzard had its highest annual MAUs in 2016 at 36 million, up 37% from 2015 and up 87% since 2014. Overwatch became Blizzard’s fastest game ever to reach over 25 million players globally. The title broke the previous launch year record for unit sales set by Diablo III in 2012. World of Warcraft MAUs grew 10% in 2016 and over 20% year-over-year in the fourth quarter on the back of the successful third-quarter launch of the expansion, Legion.

Activision had the biggest online player community in its history in 2016, with annual MAUs of 50 million for the year, up 3% from 2015 and up 23% since 2014. Call of Duty was the number one console franchise globally in 2016, and in North America for the 8th year in a row. Life-to-date on current-generation consoles, the Call of Duty franchise had 3 of the top 10 games.

In 2016, Activision hosted a successful Call of Duty World League season, which had a $3.5 million prize pool across 16 hosted events. The 2016 season had 120 million video views and more than twice the time spent viewing compared to last year’s season.

Activision Blizzard revenues from in-game content reached a record $3.6 billion in 2016, more than double the $1.6 billion in 2015. Blizzard had record levels of quarterly and full-year in-game revenues, driven by World of Warcraft in-game content and continued strength of Overwatch customization items. Call of Duty: Black Ops III add-on revenues outperformed Season Pass and à la carte map packs combined, even with record Season Pass participation.

The company expects its FY 2017 revenue to be around $6.0 billion.

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