Activision Blizzard’s quarterly revenue steeply declines, but Call of Duty will come to the rescue

Activision Blizzard saw declines in revenue and operating income during the second financial quarter of 2022, with $1.64 billion revenue, compared to the $2.3 billion it made during the same period in 2021. To recover from that drop, a lot hinges on Call of Duty: Modern Warfare 2 and Warzone 2.0, both of which will release in the company’s next financial quarter. 

With those Call of Duty games around the corner, that substantial drop probably isn’t causing too much sweat around Activision HQ. It’s fair to say that 2022’s Modern Warfare 2 will make bank for the company, as its 2019 predecessor was “the most successful Call of Duty title to date,” according to Activision’s report. The earnings drop is also in keeping with a notable decline across the industry as a whole, which experienced a massive 26% expansion at the height of the Covid pandemic, according to Ampere data (via CNBC). 

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