List of largest video game companies by revenue

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This is a listing of largest video game publishers and developers ranked by reported revenue. Sony Interactive Entertainment is the world's largest video game company, followed by Tencent and Microsoft Gaming. [1] Out of the 63 largest video game companies, 14 are located in the United States, 11 in Japan, and 7 in South Korea and China.

Contents

Warner Bros. Games, Annapurna Interactive and Valve Corporation are not included in this list. Warner Bros. Games is a subsidiary of a larger company, and Annapurna Interactive and Valve Corporation are private companies, and there is no available data or estimate pertaining to their revenues. Before Microsoft Gaming acquired Activision Blizzard in 2023, they reported a revenue of $8.8 billion, which would make them the 6th biggest publisher on this list. [2]

Companies

RankCompanyHeadquarterRevenueRef.
1 Sony Interactive Entertainment Flag of the United States.svg San Mateo, California Increase2.svg $31.06 billion [3]
2 Tencent Interactive Entertainment Flag of the People's Republic of China.svg Shenzhen, ChinaDecrease2.svg $25.5 billion [4]
3 Microsoft Gaming Flag of the United States.svg Redmond, Washington Increase2.svg $21.5 billion [5]
4 Nintendo Flag of Japan.svg Kyoto, JapanDecrease2.svg $11.6 billion [6]
5 NetEase Games Flag of the People's Republic of China.svg Hangzhou, ChinaIncrease2.svg $11.5 billion [7]
6 Electronic Arts Flag of the United States.svg Redwood City, California Increase2.svg $7.6 billion [8]
7 Epic Games Flag of the United States.svg Cary, North Carolina Increase2.svg $5.8 billion [9]
8 Take-Two Interactive Flag of the United States.svg New York City, New York Increase2.svg $5.3 billion [10]
9 Embracer Group Flag of Sweden.svg Karlstad, SwedenIncrease2.svg $4.0 billion [11]
10 MiHoYo Flag of the People's Republic of China.svg Shanghai, ChinaIncrease2.svg $3.8 billion [12]
11 Roblox Corporation Flag of the United States.svg San Mateo, California Increase2.svg $2.8 billion [13]
12 Playtika Flag of Israel.svg Herzliya, IsraelDecrease2.svg $2.57 billion [14]
13 Ubisoft Flag of France.svg Saint-Mandé, FranceIncrease2.svg $2.5 billion [15]
14 Nexon Flag of Japan.svg Minato, Tokyo, JapanIncrease2.svg $2.48 billion [16]
15 37Games Flag of the People's Republic of China.svg Shanghai, ChinaIncrease2.svg $2.3 billion [17]
16 Square Enix Flag of Japan.svg Shinjuku, JapanIncrease2.svg $2.29 billion [18]
17 Oculus Studios Flag of the United States.svg Menlo Park, California Decrease2.svg $2.16 billion [19]
18 Bandai Namco Entertainment Flag of Japan.svg Minato, Tokyo, JapanIncrease2.svg $2.1 billion [20]
19 Sega Flag of Japan.svg Shinagawa, JapanIncrease2.svg $2.04 billion [21]
20 Netmarble Flag of South Korea.svg Seoul, South KoreaIncrease2.svg $2.0 billion [22]
21 NCSoft Flag of South Korea.svg Pangyo, South KoreaIncrease2.svg $1.99 billion [23]
22 Playrix Flag of Ireland.svg Dublin, Ireland Increase2.svg $1.83 billion [24]
23 Konami Digital Entertainment Flag of Japan.svg Ginza, JapanIncrease2.svg $1.6 billion [25]
24 Krafton Flag of South Korea.svg Gangnam, South KoreaIncrease2.svg $1.43 billion [26]
25 Century Games Flag of the People's Republic of China.svg Beijing, ChinaIncrease2.svg $1.18 billion [27]
26 Funfly Flag of Singapore.svg Singapore Increase2.svg $1.15 billion [27]
27 Perfect World Flag of the People's Republic of China.svg Beijing, ChinaIncrease2.svg $1.15 billion [28]
28 Garena Flag of Singapore.svg Singapore Increase2.svg $1.14 billion [29]
29 NetDragon Websoft Flag of the People's Republic of China.svg Fuzhou, ChinaIncrease2.svg $1.11 billion [30]
30 Smilegate Flag of South Korea.svg Pangyo, South KoreaIncrease2.svg $1.02 billion [31]
31 Wizards of the Coast Flag of the United States.svg Renton, Washington Increase2.svg $1.0 billion [32]
32 Scopely Flag of the United States.svg Culver City, California Increase2.svg $1.0 billion [33]
33 Capcom Flag of Japan.svg Chūō-ku, Osaka, JapanIncrease2.svg $978 million [34]
34 Dream Games Flag of Turkey.svg Istanbul, TurkeyIncrease2.svg $850 million [35]
35 Keywords Studios Flag of Ireland.svg Leopardstown, Ireland Increase2.svg $780 million [36]
36 Moon Active Flag of Israel.svg Tel Aviv, IsraelIncrease2.svg $755 million [37]
37 Kakao Games Flag of South Korea.svg Jeju, South KoreaDecrease2.svg $725 million [38]
38 Niantic Flag of the United States.svg San Francisco, California Increase2.svg $672 million [39]
39 LilithGames Flag of Hong Kong.svg Hong Kong Increase2.svg $594 million [40]
40 FunPlus Flag of Switzerland (Pantone).svg Zurich, SwitzerlandIncrease2.svg $594 million [40]
41 Xflag Flag of Japan.svg Shinjuku, JapanIncrease2.svg $531 million [40]
42 Koei Tecmo Flag of Japan.svg Yokohama, JapanIncrease2.svg $546 million [41]
43 Larian Studios Flag of Belgium (civil).svg Ghent, BelgiumIncrease2.svg $447 million [42]
44 Gameloft Flag of France.svg Paris, FranceDecrease2.svg $338 million [43]
45 CD Projekt Flag of Poland.svg Warsaw, PolandIncrease2.svg $311 million [44]
46 Playstudios Flag of the United States.svg San Francisco, California Increase2.svg $310 million [45]
47 Tilting Point Flag of the United States.svg New York City, New York Increase2.svg $285 million [46]
48 Thunderful Group Flag of Sweden.svg Gothenburg, SwedenDecrease2.svg $274 million [47]
49 Habby Flag of Singapore.svg Singapore Decrease2.svg $267 million [27]
50 Pearl Abyss Flag of South Korea.svg Gwacheon, South KoreaIncrease2.svg $260 million [48]
51 Neowiz Games Flag of South Korea.svg Gyeonggi, South KoreaIncrease2.svg $250 million [49]
52 Paradox Interactive Flag of Sweden.svg Stockholm, SwedenIncrease2.svg $248 million [50]
53 Marvelous Flag of Japan.svg Shinagawa, JapanIncrease2.svg $190 million [51]
54 Enad Global 7 Flag of Sweden.svg Stockholm, SwedenIncrease2.svg $187 million [52]
55 Focus Entertainment Flag of France.svg Paris, FranceDecrease2.svg $187 million [53]
56 Nacon Flag of France.svg Lesquin, FranceIncrease2.svg $170 million [54]
57 Behaviour Interactive Flag of Canada (Pantone).svg Montreal, CanadaIncrease2.svg $163 million [55]
58 Saber Interactive Flag of the United States.svg Fort Lauderdale, Florida Increase2.svg $161 million [56]
59 Team17 Flag of the United Kingdom.svg Wakefield, EnglandIncrease2.svg $151 million [57]
60 FromSoftware Flag of Japan.svg Tokyo, JapanIncrease2.svg $152 million [58]
61 Devolver Digital Flag of the United States.svg Austin, Texas Increase2.svg $135 million [59]
62 Digital Bros Flag of Italy.svg Milan, ItalyDecrease2.svg $128 million [60]
63 Frontier Developments Flag of the United Kingdom.svg Cambridge, EnglandDecrease2.svg $117 million [61]

See also

References

  1. ↑ Chan, Khee Hoon (2022-03-02). "A closer look at Tencent, the world's biggest game company". Polygon. Retrieved 2023-12-25.
  2. ↑ Samuel Tolbert (2022-02-03). "Activision Blizzard hits $8.8 billion in 2021 revenue despite lackluster Call of Duty sales". Windows Central. Retrieved 2023-12-25.
  3. ↑ "Big growth for Sony as it sold 9.5 million PS5 units in Q3 FY24 alone". February 13, 2025.
  4. ↑ "TENCENT ANNOUNCES 2023 ANNUAL AND FOURTH QUARTER RESULTS" (PDF). March 20, 2024.
  5. ↑ Obedkov, Evgeny (2024-07-31). "Activision Blizzard generated $1.68 billion for Microsoft in Q4, with Xbox hardware revenue down 42%". Game World Observer. Retrieved 2024-08-09.
  6. ↑ "Nintendo Co., Ltd Results for the Years Ended March 31, 2023 and 2024" (PDF).
  7. ↑ Writer, Sophie McEvoy Staff (2024-03-05). "NetEase revenue rises 7.2% to $14.6bn in 2023". GamesIndustry.biz. Retrieved 2024-03-05.
  8. ↑ Maas, Jennifer (2024-05-07). "Electronic Arts Finishes Fiscal Year With Record 'Madden NFL' Growth, but Projects Harder First Quarter". Variety. Retrieved 2024-05-07.
  9. ↑ "Epic Games annual revenue 2026". Statista. Retrieved 2023-12-25.
  10. ↑ "Take-Two Interactive Software, Inc. Reports Results for Fourth Quarter and Fiscal Year 2024". Yahoo Finance. 2024-05-16. Retrieved 2024-05-17.
  11. ↑ Whittock, Jesse (2024-06-20). "'Lord Of The Rings' Owner Embracer Sees Full-Year Entertainment Sales Grow To $678M". Deadline. Retrieved 2024-06-20.
  12. ↑ "MiHoYo's revenue in 2022 breaks records at US$2.3 billion | ONE Esports". www.oneesports.gg. 2023-06-20. Retrieved 2023-12-25.
  13. ↑ "Roblox Reports Fourth Quarter and Full Year 2023 Financial Results" (PDF).
  14. ↑ "Playtika Holding Corp. Reports Q4 and 2023 Financial Results". Yahoo Finance. 2024-02-26. Retrieved 2024-03-03.
  15. ↑ "Ubisoft reports full-year 2023-24 earnings figures" (PDF).
  16. ↑ Dealessandri Deputy, Marie (2023-02-10). "Nexon hits "record revenue" in 2022 but net income down 11%". GamesIndustry.biz. Retrieved 2023-12-24.
  17. ↑ "37 Interactive Entertainment: annual revenue 2022". Statista. Retrieved 2023-12-24.
  18. ↑ "Financial Results for FY2024" (PDF).
  19. ↑ Hatmaker, Taylor (2023-02-03). "Meta's Reality Labs lost $13.7 billion on VR and AR last year". TechCrunch. Retrieved 2023-12-24.
  20. ↑ Partis, Danielle (2022-02-08). "Bandai Namco revenues up 15.5% to $5.4bn". GamesIndustry.biz. Retrieved 2023-12-24.
  21. ↑ Sinclair, Brendan (2024-05-10). "Sega's full-year sales jump 20% as Persona and Like a Dragon sales surge". GamesIndustry.biz. Retrieved 2024-05-10.
  22. ↑ "Mobile game dev Netmarble shares Q4 2022 financial results". Pocket Tactics. 2023-02-20. Retrieved 2023-12-24.
  23. ↑ "NEWS | NCSOFT". kr.ncsoft.com. Retrieved 2023-12-25.
  24. ↑ Long, Neil (2024-01-05). "The top grossing mobile game publishers of 2023". Mobilegamer.biz. Retrieved 2024-10-16.
  25. ↑ "Konami FY2024 Financial Result" (PDF).
  26. ↑ ""KRAFTON, INC. REPORTS $1.577 BILLION USD IN REVENUE FOR 2021, THE HIGHEST IN THE COMPANY'S HISTORY" - KRAFTON Press Room". press.krafton.com. Retrieved 2023-12-25.
  27. 1 2 3 "The top grossing mobile game publishers of 2024". Mobilegamer.biz. Retrieved 2025-02-09.
  28. ↑ "Perfect World: annual revenue 2022". Statista. Retrieved 2023-12-25.
  29. ↑ "Sea Surges After Gaming Sales Defy Post-Covid Internet Slowdown". Yahoo Finance. 2022-05-18. Retrieved 2023-12-25.
  30. ↑ Morris, Iwan; Writer, Staff (2023-03-28). "NetDragon announces 2022 full-year financial results". pocketgamer.biz. Retrieved 2023-12-25.
  31. ↑ "SMILEGATE Records 1.3 Trillion Won in Revenue for 2023". Gaming. Retrieved 2024-04-04.
  32. ↑ "Wizards of the Coast Passed $1 Billion in Revenue in 2021". Gaming. Retrieved 2023-11-14.
  33. ↑ Perez, Matt. "Mobile Games Publisher Scopely Hits $1 Billion In Lifetime Revenue". Forbes. Retrieved 2023-11-14.
  34. ↑ "Capcom Achieves Record-High Net Sales and Seventh Consecutive Year of Record-High Profits Driven by Digital Contents Business in Consolidated Earnings for the Year Ended March 2024 – Achieves 11 consecutive fiscal years of operating profit growth and 45.89 million units in Consumer home video game sales, the highest in its history – | Press Release | CAPCOM". www.capcom.co.jp. Retrieved 2024-05-09.
  35. ↑ Long, Neil (2024-01-05). "The top grossing mobile game publishers of 2023". Mobilegamer.biz. Retrieved 2024-10-16.
  36. ↑ "Keywords Studios plc Full Year Results for the period to 31 December 2023".
  37. ↑ Long, Neil (2024-01-05). "The top grossing mobile game publishers of 2023". Mobilegamer.biz. Retrieved 2024-10-16.
  38. ↑ "Q4 2023 Kakao Earnings". kakaocorp.com. Retrieved 2024-04-14.
  39. ↑ "Niantic annual IAP revenue 2023". Statista. Retrieved 2023-12-25.
  40. 1 2 3 Long, Neil (2024-01-05). "The top grossing mobile game publishers of 2023". Mobilegamer.biz. Retrieved 2024-10-16.
  41. ↑ "Financial Results for the Fiscal Year Ending March 2024" (PDF).
  42. ↑ "Dublin firm behind Baldur's Gate game posts €249m profit after runaway success". www.independent.ie. 2024-11-22. Retrieved 2024-11-26.
  43. ↑ Szalai, Georg (2023-03-08). "Studiocanal Revenue Falls As Gaming, Pay TV Drive Vivendi Earnings". The Hollywood Reporter. Retrieved 2023-12-25.
  44. ↑ "Result Center Archive". CD PROJEKT. Retrieved 2024-04-05.
  45. ↑ "PLAYSTUDIOS, Inc. Announces Fourth Quarter and Full Year Results". PLAYSTUDIOS, Inc. 2022-02-24. Retrieved 2023-12-25.
  46. ↑ Obedkov, Evgeny (2024-09-03). "Tilting Point confirms new round of mass layoffs, planning to cut up to 90 jobs". Game World Observer. Retrieved 2024-09-04.
  47. ↑ Astle, Aaron (2024-03-22). "Thunderful lost $59 million in 2023 after Q4 profit fell 574%". pocketgamer.biz. Retrieved 2024-04-04.
  48. ↑ "pearl abyss investor relations". Bing. Retrieved 2024-02-07.
  49. ↑ "NEOWIZ HOLDINGS". www.neowiz.com. Retrieved 2024-02-07.
  50. ↑ Rousseau, Jeffrey (2024-02-07). "Paradox Interactive sees its full-year revenue grow by 34%". GamesIndustry.biz. Retrieved 2024-04-04.
  51. ↑ "Key Statistics". Yahoo Finance. Retrieved 2024-04-04.
  52. ↑ "YEAR-END and Q4 REPORT 2023". Enad Global 7. 2024-02-13. Retrieved 2024-04-27.
  53. ↑ MarketScreener (2024-04-18). "FOCUS ENTERTAINMENT: PULLUP ENTERTAINMENT ANNOUNCES FOURTH-QUARTER REVENUE GROWTH OF +12% TO €59M - MarketScreener". www.marketscreener.com. Retrieved 2024-04-18.
  54. ↑ "PRESS RELEASE: NACON: FOURTH-QUARTER 2023/24 SALES UP 9.8% TO €41.0 MILLION". Yahoo Finance. 2024-04-29. Retrieved 2024-04-29.
  55. ↑ "Montreal indie game studio Behaviour opens new Toronto office after decade-long turnaround". The Globe and Mail. 2022-04-25. Retrieved 2024-04-14.
  56. ↑ Yin-Poole, Wesley (2024-03-14). "Saber Interactive Splits From Embracer, Taking 38 Video Game Projects With It". IGN. Retrieved 2024-05-02.
  57. ↑ "Team17 Group Full Year 2022 Earnings: Revenues Beat Expectations, EPS Lags". Yahoo Finance. 2023-05-29. Retrieved 2024-10-16.
  58. ↑ "Largely Thanks to Elden Ring, FromSoftware Made over $150 Million Last Year". FandomWire. 2023-08-10. Retrieved 2024-04-13.
  59. ↑ MarketScreener (2023-04-11). "Devolver Digital, Inc. Reports Earnings Results for the Full Year Ended December 31, 2022 - MarketScreener". www.marketscreener.com. Retrieved 2024-10-16.
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