Steam is heading toward its first $20 billion year, according to Alinea Analytics. The firm estimates that revenue generated on the platform reached $16.5 billion through September, with another three months still to go.
In brief:
- Alinea expects Steam’s annual revenue to exceed $20 billion in 2026.
- September brought in an estimated $1.7 billion, a record for the month.
- Third-quarter revenue reached $5.5 billion, up 12% year over year.
Steam’s Record September Pushes Revenue Higher
In its October 1 report, Alinea puts Steam’s revenue for the first nine months of 2026 roughly 13% ahead of the $14.5 billion generated during the same period last year.
September also beat the previous September record by 13%. These are Alinea’s estimates, with the $20 billion milestone still a forecast.
Which Games Are Driving Steam’s Revenue?
Wardogs led September’s premium releases with an estimated $86.9 million, followed by Onimusha: Way of the Sword and The Blood of Dawnwalker.
Meanwhile, Counter-Strike 2, Apex Legends, PUBG, and Dota 2 collectively generated almost $168 million. Steam’s record quarter drew spending across fresh releases and familiar multiplayer favourites.
