Daily news, dev blogs, and stories from Game Developer straight to your inbox
Microsoft ends fiscal year with $10 billion in games revenue, more Xbox Live users
According to an investor report released today by Microsoft, the company's games business is continuing to grow, with a large increase in games-related revenue and more Xbox Live users year over year.
July 19, 2018
1 Min Read
On June 30th Microsoft closed out its fourth quarter, and today as part of its financial report, the company revealed a major year-over-year jump in its game business and a major milestone for its game revenue across the whole year.
As reported in its investor presentation, Microsoft's game business brought in $2.29 billion for the quarter, a 39 percent jump compared to the same quarter this time last year. And across the whole year, video games brought $10 billion in revenue into Microsoft's coffers, part of an annual growth of 14 percent in company revenue to $110.36 billion (however, net income did drop 35 percent year over year to $16.57 billion).
Game developers looking at the Xbox platform should also know that Xbox Live's total active userbase took a slight dip in the last quarter. In April, we reported that the company's userbase had grown to 59 million, but Microsoft now reports that number has dropped to 57 million active users (which is still higher than the 53 million users the service sported this time last year).
And lastly, while Xbox-related revenue did rise 36 percent, as in April, the company is attributing this to the strength of third-party titles.
About the Author(s)
Senior Editor, GameDeveloper.com
Bryant Francis is a writer, journalist, and narrative designer based in Boston, MA. He currently writes for Game Developer, a leading B2B publication for the video game industry. His credits include Proxy Studios' upcoming 4X strategy game Zephon and Amplitude Studio's 2017 game Endless Space 2.
You May Also Like
Exploring the 2024 State of the Game Industry report - Game Developer Podcast ep. 39Feb 2, 2024
Phantom inspiration and the ethical auteur with Xalavier Nelson Jr.Dec 8, 2023
Designing Killer Queen: from playground experiment to modern arcade sensationOct 18, 2023
Rod Humble and King Choi illustrate the ambition of Life By YouSep 22, 2023
Get daily news, dev blogs, and stories from Game Developer straight to your inbox
Subscribe to Game Developer Newsletters to stay caught up with the latest news, design insights, marketing tips, and more