Activision Blizzard, Inc.
ATVIDelisted Oct 13, 2023- Industry
- Services-Prepackaged Software
- SEC CIK
- 0000718877
Activision Blizzard, Inc. was delisted on Oct 13, 2023; its insiders filed their last Form 4 on Oct 16, 2023; 1,142 institutions reported holding it in 13F filings for Q3 2023, worth $65.3B in total; 5 superinvestors held it, including Soros Fund Management and Markel Group.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 11:27 AM ET
Revenue flow, FY2022
Where the revenue went in FY2022, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 6, 2023 | Feb 3, 2022 | Feb 4, 2021 | Feb 6, 2020 | Feb 12, 2019 |
| Revenue | $7.53B | $8.80B | $8.09B | $6.49B | $7.50B |
| Research and development | $1.42B | $1.34B | $1.15B | $998.0M | $1.10B |
| Selling, general and administrative | $1.00B | $788.0M | $784.0M | $732.0M | $832.0M |
| Operating income | $1.67B | $3.26B | $2.73B | $1.61B | $1.99B |
| Interest expense | $108.0M | $108.0M | $99.0M | $90.0M | $140.0M |
| Income tax | $231.0M | $465.0M | $419.0M | $130.0M | $64.0M |
| Net income | $1.51B | $2.70B | $2.20B | $1.50B | $1.81B |
| EPS, basic | $1.94 | $3.47 | $2.85 | $1.96 | $2.38 |
| EPS, diluted | $1.92 | $3.44 | $2.82 | $1.95 | $2.35 |
| Weighted shares, basic | 782.0M | 777.0M | 771.0M | 767.0M | 762.0M |
| Weighted shares, diluted | 789.0M | 784.0M | 778.0M | 771.0M | 771.0M |
| Margins and growth | |||||
| Operating margin | 22.2% | 37.0% | 33.8% | 24.8% | 26.5% |
| Net margin | 20.1% | 30.7% | 27.2% | 23.2% | 24.2% |
| Revenue growth, year over year | −14.5% | +8.9% | +24.6% | −13.5% | +6.9% |
| Net income growth, year over year | −43.9% | +22.8% | +46.2% | −17.1% | +564.1% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 6, 2023 | Feb 3, 2022 | Feb 4, 2021 | Feb 6, 2020 | Feb 12, 2019 |
| Cash and equivalents | $7.06B | $10.4B | $8.65B | $5.79B | $4.22B |
| Accounts receivable | $1.20B | $972.0M | $1.05B | $848.0M | $1.03B |
| Inventory | – | – | – | $32.0M | $43.0M |
| Total current assets | $14.5B | $12.6B | $10.6B | $7.29B | $6.11B |
| Property, plant and equipment | $193.0M | $169.0M | $209.0M | $253.0M | $282.0M |
| Goodwill | $9.93B | $9.80B | $9.77B | $9.76B | $9.76B |
| Intangible assets | $442.0M | $447.0M | $451.0M | $531.0M | $735.0M |
| Total assets | $27.4B | $25.1B | $23.1B | $19.8B | $17.8B |
| Accounts payable | $324.0M | $285.0M | $295.0M | $292.0M | $253.0M |
| Total current liabilities | $3.56B | $2.41B | $3.10B | $2.92B | $2.64B |
| Long-term debt | $3.61B | $3.61B | $3.60B | $2.67B | $2.67B |
| Total liabilities | $8.14B | $7.46B | $8.07B | $7.04B | $6.48B |
| Shareholders' equity | $19.2B | $17.6B | $15.0B | $12.8B | $11.4B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 6, 2023 | Feb 3, 2022 | Feb 4, 2021 | Feb 6, 2020 | Feb 12, 2019 |
| Operating cash flow | $2.22B | $2.41B | $2.25B | $1.83B | $1.79B |
| Capital expenditures | $91.0M | $80.0M | $78.0M | $116.0M | $131.0M |
| Free cash flow | $2.13B | $2.33B | $2.17B | $1.72B | $1.66B |
| Depreciation and amortization | $106.0M | $116.0M | $197.0M | $328.0M | $509.0M |
| Stock-based compensation | $462.0M | $508.0M | $218.0M | $166.0M | $209.0M |
| Dividends paid | $367.0M | $365.0M | $316.0M | $283.0M | $259.0M |
| Investing cash flow | -$4.99B | -$59.0M | -$178.0M | -$22.0M | -$230.0M |
| Financing cash flow | -$534.0M | -$521.0M | $711.0M | -$237.0M | -$2.02B |
| Net change in cash | -$3.35B | $1.79B | $2.85B | $1.57B | -$491.0M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 6.1% | 5.8% | 2.7% | 2.6% | 2.8% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Jul 24, 2023 | 786.8M | +0.6% | SEC |
| Apr 28, 2023 | 786.2M | +0.5% | SEC |
| Feb 16, 2023 | 784.3M | +0.6% | SEC |
| Oct 31, 2022 | 782.6M | +0.5% | SEC |
| Jul 25, 2022 | 782.3M | +0.6% | SEC |
| Apr 26, 2022 | 781.9M | +0.6% | SEC |
| Feb 18, 2022 | 779.2M | +0.6% | SEC |
| Oct 26, 2021 | 778.9M | +0.8% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.