List of largest video game companies by revenue explained

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] [2]

Among the 50 largest video game companies, thirteen are based in the United States, ten in Japan, six each in South Korea and China, four each in France and Sweden, and one each in Israel, Poland, Ireland, Canada, United Kingdom, Singapore, and Italy, respectively.

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.[3]

Companies

RankCompanyHeadquarterRevenueRef.
1Sony Interactive Entertainment San Mateo, Californiadata-sort-value="29800000000" $29.8 billion[4]
2Tencent Interactive Entertainment Shenzhen, Chinadata-sort-value="25500000000" $25.5 billion[5]
3Microsoft Gaming Redmond, Washingtondata-sort-value="25100000000" $21.5 billion[6]
4NetEase Games Hangzhou, Chinadata-sort-value="11500000000" $11.5 billion[7]
5Nintendo Kyoto, Japandata-sort-value="10800000000" $10.8 billion[8]
6Electronic Arts Redwood City, Californiadata-sort-value="07500000000" $7.6 billion[9]
7Epic Games Cary, North Carolinadata-sort-value="05800000000" $5.8 billion[10]
8Take-Two Interactive New York City, New Yorkdata-sort-value="05300000000" $5.3 billion[11]
9Embracer Group Karlstad, Swedendata-sort-value="04000000000" $4.0 billion[12]
10MiHoYo Shanghai, Chinadata-sort-value="03800000000" $3.8 billion[13]
11Roblox Corporation San Mateo, Californiadata-sort-value="02800000000" $2.8 billion[14]
12Playtika Herzliya, Israeldata-sort-value="02570000000" $2.57 billion[15]
13Ubisoft Saint-Mandé, Francedata-sort-value="02500000000" $2.5 billion[16]
14Nexon Minato-ku, Tokyo, Japandata-sort-value="02480000000" $2.48 billion[17]
1537Games Shanghai, Chinadata-sort-value="02300000000" $2.3 billion[18]
16Square Enix Shinjuku, Japandata-sort-value="02290000000" $2.29 billion[19]
17Oculus Studios Menlo Park, Californiadata-sort-value="02160000000" $2.16 billion[20]
18Bandai Namco Entertainment Minato, Tokyo, Japandata-sort-value="02100000000" $2.1 billion[21]
19Sega Shinagawa, Japandata-sort-value="02040000000" $2.04 billion[22]
20Netmarble Seoul, South Koreadata-sort-value="02000000000" $2.0 billion[23]
21NCSoft Pangyo, South Koreadata-sort-value="01990000000" $1.99 billion[24]
22Konami Digital Entertainment Ginza, Japandata-sort-value="01600000000" $1.6 billion[25]
23Krafton Seongnam, South Koreadata-sort-value="01430000000" $1.43 billion[26]
24Perfect World Beijing, Chinadata-sort-value="01150000000" $1.15 billion[27]
25Garena Singaporedata-sort-value="01140000000" $1.14 billion[28]
26NetDragon Websoft Fuzhou, Chinadata-sort-value="01110000000" $1.11 billion[29]
27Wizards of the Coast Renton, Washingtondata-sort-value="01000000000" $1.0 billion[30]
28Scopely Culver City, Californiadata-sort-value="01000000000" $1.0 billion[31]
29Capcom Chūō-ku, Osaka, Japandata-sort-value="00978000000" $978 million[32]
30Keywords Studios Leopardstown, Irelanddata-sort-value="00780000000" $780 million[33]
31Kakao Games Jeju, South Koreadata-sort-value="00725000000" $725 million[34]
32Niantic San Francisco, Californiadata-sort-value="00671000000" $671 million[35]
33Koei Tecmo Yokohama, Japandata-sort-value="00536000000" $536 million[36]
34Gameloft Paris, Francedata-sort-value="00338000000" $338 million[37]
35CD Projekt Red Warsaw, Polanddata-sort-value="00311000000" $311 million[38]
36Playstudios San Francisco, Californiadata-sort-value="00310000000" $310 million[39]
37Thunderful Group Gothenburg, Swedendata-sort-value="00274000000" $274 million[40]
38Pearl Abyss Gwacheon, South Koreadata-sort-value="00260000000" $260 million[41]
39Neowiz Games Gyeonggi, South Koreadata-sort-value="00250000000" $250 million[42]
40Paradox Interactive Stockholm, Swedendata-sort-value="00248000000" $248 million[43]
41Marvelous Shinagawa, Japandata-sort-value="00190000000" $190 million[44]
42Enad Global 7 Stockholm, Swedendata-sort-value="00187000000" $187 million[45]
43Focus Entertainment Paris, Francedata-sort-value="00187000000" $187 million[46]
44Nacon Lesquin, Francedata-sort-value="00170000000" $170 million[47]
45Behaviour Interactive Montreal, Canadadata-sort-value="00163000000" $163 million[48]
46Saber Interactive Fort Lauderdale, Floridadata-sort-value="00161000000" $161 million[49]
47FromSoftware Tokyo, Japandata-sort-value="00152000000" $152 million[50]
48Team17 Wakefield, Englanddata-sort-value="00151000000" $151 million[51]
49Digital Bros Milan, Italydata-sort-value="00146000000" $146 million[52]
50Devolver Digital Austin, Texasdata-sort-value="00135000000" $135 million[53]

Largest video game companies by country

Number of companies in the top 50 by revenue!Rank!Country!Number
1 United States13
2 Japan10
36
China
4 Sweden4
France
6 United Kingdom1
Italy
Poland
Canada
Israel
Ireland
Singapore

See also

Notes and References

  1. Web site: Chan . Khee Hoon . 2022-03-02 . A closer look at Tencent, the world's biggest game company . 2023-12-25 . Polygon . en-US.
  2. News: Mollie Taylor . 2022-01-18 . Microsoft to acquire Activision Blizzard for $68.7 billion . en . PC Gamer . 2023-12-25.
  3. Web site: Samuel Tolbert . 2022-02-03 . Activision Blizzard hits $8.8 billion in 2021 revenue despite lackluster Call of Duty sales . 2023-12-25 . Windows Central . en.
  4. Web site: Co . Alex . 2024-05-14 . Sony Interactive Entertainment Names New CEOs; FY2023 and Q4 Results Detailed . 2024-05-14 . MP1st . en-US.
  5. Web site: March 20, 2024 . TENCENT ANNOUNCES 2023 ANNUAL AND FOURTH QUARTER RESULTS .
  6. Web site: Obedkov . Evgeny . 2024-07-31 . Activision Blizzard generated $1.68 billion for Microsoft in Q4, with Xbox hardware revenue down 42% . 2024-08-09 . Game World Observer . en-US.
  7. Web site: Writer . Sophie McEvoy Staff . 2024-03-05 . NetEase revenue rises 7.2% to $14.6bn in 2023 . 2024-03-05 . GamesIndustry.biz . en.
  8. Web site: Nintendo Co., Ltd Results for the Years Ended March 31, 2023 and 2024 .
  9. Web site: Maas . Jennifer . 2024-05-07 . Electronic Arts Finishes Fiscal Year With Record ‘Madden NFL’ Growth, but Projects Harder First Quarter . 2024-05-07 . Variety . en-US.
  10. Web site: Epic Games annual revenue 2026 . 2023-12-25 . Statista . en.
  11. Web site: 2024-05-16 . Take-Two Interactive Software, Inc. Reports Results for Fourth Quarter and Fiscal Year 2024 . 2024-05-17 . Yahoo Finance . en-US.
  12. Web site: Whittock . Jesse . 2024-06-20 . ‘Lord Of The Rings’ Owner Embracer Sees Full-Year Entertainment Sales Grow To $678M . 2024-06-20 . Deadline . en-US.
  13. Web site: 2023-06-20 . MiHoYo's revenue in 2022 breaks records at US$2.3 billion ONE Esports . 2023-12-25 . www.oneesports.gg . en-US.
  14. Web site: Roblox Reports Fourth Quarter and Full Year 2023 Financial Results .
  15. Web site: 2024-02-26 . Playtika Holding Corp. Reports Q4 and 2023 Financial Results . 2024-03-03 . Yahoo Finance . en-US.
  16. Web site: Ubisoft reports full-year 2023-24 earnings figures .
  17. Web site: Marie . Dealessandri Deputy . 2023-02-10 . Nexon hits "record revenue" in 2022 but net income down 11% . 2023-12-24 . GamesIndustry.biz . en.
  18. Web site: 37 Interactive Entertainment: annual revenue 2022 . 2023-12-24 . Statista . en.
  19. Web site: Financial Results for FY2024 .
  20. Web site: Hatmaker . Taylor . 2023-02-03 . Meta's Reality Labs lost $13.7 billion on VR and AR last year . 2023-12-24 . TechCrunch . en-US.
  21. Web site: Danielle . Partis. 2022-02-08. Bandai Namco revenues up 15.5% to $5.4bn . 2023-12-24 . GamesIndustry.biz. en.
  22. Web site: Sinclair . Brendan . 2024-05-10 . Sega's full-year sales jump 20% as Persona and Like a Dragon sales surge . 2024-05-10 . GamesIndustry.biz . en.
  23. Web site: 2023-02-20 . Mobile game dev Netmarble shares Q4 2022 financial results . 2023-12-24 . Pocket Tactics . en-US.
  24. Web site: NEWS NCSOFT . 2023-12-25 . kr.ncsoft.com . en.
  25. Web site: Konami FY2024 Financial Result .
  26. Web site: "KRAFTON, INC. REPORTS $1.577 BILLION USD IN REVENUE FOR 2021, THE HIGHEST IN THE COMPANY'S HISTORY" - KRAFTON Press Room . 2023-12-25 . press.krafton.com.
  27. Web site: Perfect World: annual revenue 2022 . 2023-12-25 . Statista . en.
  28. Web site: 2022-05-18 . Sea Surges After Gaming Sales Defy Post-Covid Internet Slowdown . 2023-12-25 . Yahoo Finance . en-US.
  29. Web site: Morris . Iwan . Writer . Staff . 2023-03-28 . NetDragon announces 2022 full-year financial results . 2023-12-25 . pocketgamer.biz.
  30. Web site: Wizards of the Coast Passed $1 Billion in Revenue in 2021 . 2023-11-14 . Gaming . en.
  31. Web site: Perez . Matt . Mobile Games Publisher Scopely Hits $1 Billion In Lifetime Revenue . 2023-11-14 . Forbes . en.
  32. Web site: 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 . 2024-05-09 . www.capcom.co.jp . en-US.
  33. Web site: Keywords Studios plc Full Year Results for the period to 31 December 2023 .
  34. Web site: Q4 2023 Kakao Earnings . 2024-04-14 . kakaocorp.com . en-US.
  35. Web site: Niantic annual IAP revenue 2023 . 2023-12-25 . Statista . en.
  36. Web site: Financial Results for the Fiscal Year Ending March 2024 .
  37. Web site: Szalai . Georg . 2023-03-08 . Studiocanal Revenue Falls As Gaming, Pay TV Drive Vivendi Earnings . 2023-12-25 . The Hollywood Reporter . en-US.
  38. Web site: Result Center Archive . 2024-04-05 . CD PROJEKT . en-US.
  39. Web site: 2022-02-24 . PLAYSTUDIOS, Inc. Announces Fourth Quarter and Full Year Results . 2023-12-25 . PLAYSTUDIOS, Inc. . en.
  40. Web site: Astle . Aaron . 2024-03-22 . Thunderful lost $59 million in 2023 after Q4 profit fell 574% . 2024-04-04 . pocketgamer.biz.
  41. Web site: pearl abyss investor relations . 2024-02-07 . Bing . en.
  42. Web site: NEOWIZ HOLDINGS . 2024-02-07 . www.neowiz.com.
  43. Web site: Rousseau . Jeffrey . 2024-02-07 . Paradox Interactive sees its full-year revenue grow by 34% . 2024-04-04 . GamesIndustry.biz . en.
  44. Web site: Key Statistics . 2024-04-04 . Yahoo Finance . en-US.
  45. Web site: 2024-02-13 . YEAR-END and Q4 REPORT 2023 . 2024-04-27 . Enad Global 7 . en-US.
  46. Web site: MarketScreener . 2024-04-18 . FOCUS ENTERTAINMENT: PULLUP ENTERTAINMENT ANNOUNCES FOURTH-QUARTER REVENUE GROWTH OF +12% TO €59M - MarketScreener . 2024-04-18 . www.marketscreener.com . en.
  47. Web site: 2024-04-29 . PRESS RELEASE: NACON: FOURTH-QUARTER 2023/24 SALES UP 9.8% TO €41.0 MILLION . 2024-04-29 . Yahoo Finance . en-US.
  48. News: 2022-04-25 . Montreal indie game studio Behaviour opens new Toronto office after decade-long turnaround . 2024-04-14 . The Globe and Mail . en-CA.
  49. Web site: Yin-Poole . Wesley . 2024-03-14 . Saber Interactive Splits From Embracer, Taking 38 Video Game Projects With It . 2024-05-02 . IGN . en.
  50. Web site: 2023-08-10 . Largely Thanks to Elden Ring, FromSoftware Made over $150 Million Last Year . 2024-04-13 . FandomWire . en-US.
  51. Web site: 2023-05-29 . Team17 Group Full Year 2022 Earnings: Revenues Beat Expectations, EPS Lags . 2023-12-25 . Yahoo Finance . en-US.
  52. Web site: Documents and Results . 2023-12-25 . Digital Bros . en-US.
  53. Web site: 2023-04-11 . Devolver Digital, Inc. Reports Earnings Results for the Full Year Ended December 31, 2022 . 2023-08-02 . www.marketscreener.com . en.