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Steam Is on Track to Top $20 Billion in Revenue for the First Time

Alinea Analytics says the platform needs about $3.5 billion more in the fourth quarter to top $20 billion for the first time.

  • Steam generated a record $1.7 billion in September 2026, positioning the platform to exceed $20 billion in annual revenue for the first time, according to analysts at Alinea Analytics.
  • During the third quarter of 2026, the platform generated $5.5 billion, marking a 12% increase from the same period last year.
  • Games released in 2026 drove 33.6% of September's revenue, while free-to-play titles accounted for 25.6% and brand-new franchises represented 20.5% of the 500 highest-grossing games.
  • Counter-Strike, Apex Legends, PUBG, and Dota generated a combined $168 million, while Wardogs performed strongly, generating $86.9 million throughout September.
  • Revenue for the first nine months reached $16.5 billion, surpassing the $14.5 billion recorded during the corresponding period in 2025 and exceeding September 2025's $1.5 billion.
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Steam is having a record-breaking month. September 2026 was the year the platform was expected to generate approximately $1.7 billion in revenue, marking the best result ever for that month. The increase came at a time when prices... Full version of the page: https://ithardware.pl/aktualnosci/steam_rekord_wydatki_graczy-54649.html

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Steam would have generated estimated revenue of $1.7 billion in September, its best result for that month, while spending on PC games continues to grow despite hardware prices. Alinea Analytics also projects that the platform could for the first time exceed $20 billion in annual revenue.

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pcgamer broke the news on Friday, October 2, 2026.
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