Call of Duty: Warzone Season 5 blows the lid off the stadium.
Call of Duty: Warzone Season 5 blows the lid off the stadium.
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Activision Blizzard beats expectations as Q2 2020 revenue grows 38% to $1.9 billion

  • Posted byby Dean Takahashi
  • Updated
  • 4 min

Activision Blizzard reported earnings today that beat expectations as the company saw a surge for its Call of Duty games because people are staying inside due to the pandemic.

The Santa Monica, California-based game publisher said its GAAP revenues were $1.93 billion, up 38% from $1.40 billion a year ago while non-GAAP earnings per share were 81 cents, compared to 53 cents a year earlier. Activision Blizzard echoed Electronic Arts and Take-Two Interactive in attributing growth of video games due to people wanting to entertain themselves while sheltering in place.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.