Activision Blizzard Second Quarter 2020 Financial Report

Activision Blizzard has discovered their financial standing for the second quarter of 2020. Whopping numbers for amidst a pandemic, beating the skepticism among Activision Blizzard fans. Understandably, a huge chunk of the revenue for the second quarter comes from the two most popular games, World of Warcraft and the phenomenal Call of Duty: Modern Warfare and its Battle Royale Iteration, Warzone predominantly.

Activision notices a massive player base increase thanks to Call of Duty Modern Warfare, Warzone, and Call of Duty Mobile solely. As reported in the financial call, the company has managed to entertain 102 million monthly active users.

Blizzard, on the other side, managed to please around 32M of active monthly users thanks to four titles. Those are World of Warcraft, Hearthstone, Overwatch, and Diablo Immortal. World of Warcraft’s net revenue. However, mobile games are also apportioning huge waves of players, and they shouldn’t be a part of underestimation.

Monthly Active Users

To reflect the afore-mentioned activity, Blizzard has also provided a list of Monthly Active Users. You can find the table below.

Monthly Active Users
June 30, 2019 September 30, 2019 December 31, 2019 March 31, 2020 June 30, 2020
Activision 37 36 128 102 125
Blizzard 32 33 32 32 32
King 258 247 249 273 271
Total MAUs 327 316 409 407 428

Below you can find the detailed financial outlook of Activision Blizzard for Q2 2020. For a more thorough overview, you can check the official slide presentation.


(in millions, except EPS) 2020 Prior Outlook* 2019
GAAP Net Revenues $1,932 $1,690 $1,396
Impact of GAAP deferralsA $146 ($15) ($189)
GAAP EPS $0.75 $0.54 $0.43
Non-GAAP EPS $0.81 $0.64 $0.53
Impact of GAAP deferralsA $0.16 $0.01 ($0.15)
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Angel Kicevski

I am ANGE1K. I started playing video games a long time ago. In a blink of an eye, I became a hardcore gamer. A couple of years later, I traversed to the professional Counter-Strike 1.6 scene. After the competitive ERA, I managed to find the gaming industry amusing and started working on FGR. My mission is to lurk and discover secrets, create guides and provide you with some important news. I mostly play FPS and love experimenting in good MMORPGs.

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