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List of largest video game companies by revenue

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This is a dynamic list and may never be able to satisfy particular standards for completeness. You can help by editing the page to add missing items, with references to reliable sources.

This is a listing of top 50 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]

Of the 50 largest video game companies, 10 are based in the United States, 10 in Japan, 9 in China, 7 in South Korea, and 14 in other countries: 2 from France, 2 from Israel, 2 from Ireland, 2 from Singapore, and 1 each from the United Kingdom, Hong Kong, Turkey, Sweden, Australia, and Switzerland.

This list primarily includes public companies or those whose revenues are known. Certain major privately held companies not included because they do not publicly disclose detailed financial statements or revenue reports.

Companies

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Rank Company Headquarters Revenue (USD$) Ref.
1 Sony Interactive Entertainment United States San Mateo, California Increase $31.7 billion [2]
2 Tencent Interactive Entertainment China Shenzhen, China Increase $27.1 billion [3]
3 Microsoft Gaming United States Redmond, Washington Increase $23.5 billion [4]
4 NetEase Games China Hangzhou, China Increase $11.5 billion [5]
5 Nintendo Japan Minami-ku, Kyoto, Japan Decrease $11.2 billion [6]
6 Electronic Arts United States Redwood City, California Decrease $7.3 billion [7]
7 Valve Corporation United States Kirkland, Washington Increase $6.5 billion (estimate) [8]
8 Epic Games United States Cary, North Carolina Increase $6.0 billion (estimate) [9]
9 Take-Two Interactive United States New York City, New York Increase $5.6 billion [10]
10 Roblox Corporation United States San Mateo, California Increase $4.9 billion [11]
11 MiHoYo China Shanghai, China Increase $4.2 billion (estimate) [12]
12 Bandai Namco Entertainment Japan Minato, Tokyo, Japan Increase $3.2 billion [13]
13 Scopely United States Culver City, California Increase $3.0 billion (estimate) [14]
14 Nexon Japan Minato, Tokyo, Japan Increase $3.0 billion [15]
15 Sega Sammy Japan Shinagawa, Tokyo, Japan Increase $3.0 billion [16]
16 Century Games China Beijing, China Increase $2.73 billion (estimate) [14]
17 Aristocrat Gaming Australia Sydney, Australia Increase $2.66 billion [17]
18 Playtika Israel Herzliya, Israel Decrease $2.55 billion [18]
19 Embracer Group Sweden Karlstad, Sweden Decrease $2.35 billion [19]
20 37Games China Shanghai, China Decrease $2.32 billion [20]
21 Krafton South Korea Gangnam, South Korea Increase $2.3 billion [21]
22 Square Enix Japan Shinjuku, Tokyo, Japan Increase $2.3 billion [22]
23 Dream Games Turkey Istanbul, Turkey Increase $2.25 billion (estimate) [14]
24 Playrix Republic of Ireland Dublin, Ireland Decrease $2.13 billion (estimate) [23]
25 Funfly Singapore Increase $2.1 billion (estimate) [24]
26 Ubisoft France Saint-Mandé, France Decrease $2.07 billion [25]
27 Tripledot Studios United Kingdom London, England Increase $2.0 billion [26]
28 Netmarble South Korea Seoul, South Korea Increase $2.0 billion [27]
29 NCSoft South Korea Pangyo, South Korea Increase $2.0 billion [28]
30 Konami Digital Entertainment Japan Chūō, Tokyo, Japan Increase $1.9 billion [29]
31 Garena Singapore Decrease $1.9 billion [30]
32 Moon Active Israel Tel Aviv, Israel Increase $1.75 billion (estimate) [14]
33 Cygames Japan Shibuya, Tokyo, Japan Increase $1.37 billion [31]
34 Capcom Japan Chūō-ku, Osaka, Japan Increase $1.15 billion [32]
35 NetDragon Websoft China Fuzhou, China Increase $1.11 billion [33]
36 Smilegate South Korea Pangyo, South Korea Increase $1.02 billion [34]
37 Wizards of the Coast United States Renton, Washington Increase $1.0 billion [35]
38 Niantic United States San Francisco, California Increase $1.0 billion [36]
39 Papergames China Suzhou, China Increase $850 million (estimate) [37]
40 Perfect World China Beijing, China Decrease $800 million [38]
41 Keywords Studios Republic of Ireland Leopardstown, Ireland Increase $780 million [39]
42 Kakao Games South Korea Jeju, South Korea Decrease $725 million [40]
43 Voodoo France Paris, France Increase $670 million [41]
44 FunPlus Switzerland Zurich, Switzerland Increase $594 million (estimate) [42]
45 Kingsoft China Beijing, China Increase $584 million [43]
46 Koei Tecmo Japan Nishi-ku, Yokohama, Japan Decrease $583 million [44]
47 Mixi Japan Shibuya, Tokyo, Japan Increase $531 million [45]
48 LilithGames Hong Kong Decrease $528 million [24]
49 Wemade South Korea Seongnam, South Korea Increase $496 million [46]
50 Com2uS South Korea Seoul, South Korea Increase $480 million [47]

See also

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References

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  2. ^ Bespyatova, Ekaterina (2025-05-14). "Sony's Annual Report: Increase in Gaming Division Revenue and Decline in Console Sales". app2top.com (in Russian). Retrieved 2025-06-21.
  3. ^ "Tencent 2024 Fourth Quarter and Annual Results Presentation" (PDF).
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  5. ^ McEvoy, Sophie (2024-03-05). "NetEase revenue rises 7.2% to $14.6bn in 2023". GamesIndustry.biz. Retrieved 2024-03-05.
  6. ^ "Nintendo Co., Ltd Results for the Years Ended March 31, 2023 and 2024" (PDF).
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  8. ^ Orland, Kyle (2024-07-17). "Valve runs its massive PC gaming ecosystem with only about 350 employees". Ars Technica. Retrieved 2026-01-09.
  9. ^ Craig, Matt. "Epic Games' Unreal Money Engine". Forbes. Retrieved 2025-08-16.
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  11. ^ Cho, Janet H. "Roblox Reports Huge Surge in Bookings, Users, Engagement". barrons. Retrieved 2026-02-06.
  12. ^ Truc, Vukan (2024-09-12). "Mihoyo's Annual Revenue Proves That F2P Games Like Zenless Zone Zero Can Turn a Profit". N4G. Retrieved 2025-03-02.
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  14. ^ a b c d Writer, Sophie McEvoy Staff (2025-12-23). "GamesIndustry.biz presents... the Year In Numbers 2025 | Year in Review". GamesIndustry.biz. Retrieved 2025-12-28.
  15. ^ "Nexon Releases Earnings for Fourth Quarter and Full-Year 2024" (PDF).
  16. ^ 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.
  17. ^ "Aristocrat 2025 ANNUAL REPORT".
  18. ^ Corp, Playtika Holding (2025-02-27). "Playtika Holding Corp. Reports Q4 and 2024 Financial Results". GlobeNewswire News Room (Press release). Retrieved 2025-03-02.
  19. ^ Muhammad, Isa (2025-05-27). "Embracer Group mobile revenue drops 31% after Easybrain sale". www.pocketgamer.biz. Retrieved 2025-05-28.
  20. ^ "Financial Reports". 37 Entertainment. 2025-09-15.
  21. ^ "Krafton Posts Record-High Revenue Last Year... Operating and Net Profit Both Decline". The Asia Business Daily. 2026-02-09. Retrieved 2026-02-16.
  22. ^ "Financial Results for FY2024" (PDF).
  23. ^ Batchelor, James (2024-12-20). "GamesIndustry.biz presents… The Year In Numbers 2024". GamesIndustry.biz. Retrieved 2025-03-04.
  24. ^ a b Long, Neil (7 January 2025). "The top grossing mobile game publishers of 2024". Mobilegamer.biz. Retrieved 2025-02-09.
  25. ^ "UBISOFT REPORTS FULL-YEAR 2024-25 EARNINGS FIGURES" (PDF).
  26. ^ Muhammad, Isa (2025-07-01). "Tripledot completes $800m acquisition of AppLovin game studios". www.pocketgamer.biz. Retrieved 2025-12-28.
  27. ^ Johnson, Ben (2023-02-20). "Mobile game dev Netmarble shares Q4 2022 financial results". Pocket Tactics. Retrieved 2023-12-24.
  28. ^ "NEWS | NCSOFT". kr.ncsoft.com. Retrieved 2023-12-25.
  29. ^ "Konami FY2025 Financial Result" (PDF).
  30. ^ "Sea Limited Reports Fourth Quarter and Full Year 2024 Results" (PDF).
  31. ^ "CyberAgent - Presentation Material for New Investors" (PDF). CyberAgent. Retrieved 2025-04-11.
  32. ^ Alexander Cope (2025-05-13). "Capcom has once again broken financial records as per its latest fiscal year report". Windows Central. Retrieved 2025-05-14.
  33. ^ Morris, Iwan (2023-03-28). "NetDragon announces 2022 full-year financial results". pocketgamer.biz. Retrieved 2023-12-25.
  34. ^ "SMILEGATE Records 1.3 Trillion Won in Revenue for 2023". Gaming. Retrieved 2024-04-04.
  35. ^ Hoffer, Christian (8 February 2022). "Wizards of the Coast Passed $1 Billion in Revenue in 2021". comicbook.com. Retrieved 2023-11-14.
  36. ^ Vedantam, Keerthi (2025-03-17). "Scopely Makes $3.5 Billion Purchase". Los Angeles Business Journal. Retrieved 2025-03-24.
  37. ^ Ivan, Tom (19 February 2025). "Data digest: January's top earners, Pokémon TCG Pocket spikes, Nexon, Nitro, Ubisoft and Papergames numbers, more". mobilegamer.biz. Retrieved 2025-04-05.
  38. ^ 微博财经-财道工作室 (2025-04-28). "完美世界2024年营收56亿 同比降29% 净亏13亿". finance.sina.com.cn. Retrieved 2025-12-30.
  39. ^ "Keywords Studios plc Full Year Results for the period to 31 December 2023".
  40. ^ "Q4 2023 Kakao Earnings". kakaocorp.com. Retrieved 2024-04-14.
  41. ^ "Create the world's most iconic apps and games". voodoo.io. Retrieved 2025-03-27.
  42. ^ Long, Neil (2024-01-05). "The top grossing mobile game publishers of 2023". Mobilegamer.biz. Retrieved 2024-10-16.
  43. ^ "Kingsoft Corp Ltd (FRA:3K1) Q3 2024 Earnings Call Highlights: Re". www.gurufocus.com. Retrieved 2025-03-09.
  44. ^ Nelva, Giuseppe (2025-04-30). "Koei Tecmo Announces Strategy for the Next Three Years After Falling Short of Previous Targets". Simulation Daily. Retrieved 2025-04-30.
  45. ^ Long, Neil (2024-01-05). "The top grossing mobile game publishers of 2023". Mobilegamer.biz. Retrieved 2024-10-16.
  46. ^ CHOSUNBIZ (2025-02-12). "Wemade posts 18.1 billion won Q4 profit, driven by game sales growth". CHOSUNBIZ. Retrieved 2025-12-29.
  47. ^ "Com2uS returns to profit in 2024, driven by flagship games - 매일경제 영문뉴스 펄스(Pulse)". Pulse (in Korean). Retrieved 2026-02-15.
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