Key Takeaways
1. Clair Obscur’s Performance: Despite catching attention at The Game Awards, Clair Obscur: Expedition 33 did not lead in earnings on Steam.
2. Top Sellers Analysis: Valve will refresh the sales rankings in early January 2026, highlighting the top 12 highest-earning games from January to December.
3. Resilience of AAA Games: Several AAA titles, despite struggles, have shown strong sales, while indie games like Schedule 1 and R.E.P.O gained popularity.
4. New Entries Shine: Both Arc Raiders and Battlefield 6 achieved Platinum status, while Monster Hunter Wilds faced performance issues despite initial success.
5. Record Revenue: Valve reached an all-time high annual revenue of $17.7 billion in 2025, with significant player engagement and successful new releases.
Clair Obscur: Expedition 33 caught everyone’s attention at The Game Awards, but it didn’t lead in earnings on one major platform. Steam has unveiled its charts showcasing the top-selling games of 2025. Even with some challenging launches, several AAA games have shown remarkable resilience. Additionally, various indie games with much smaller budgets were able to compete effectively.
Sales Data Insights
For the top sellers list, Valve analyzed sales numbers and DLC purchases from January 1 to December 1. They plan to refresh the rankings in early January 2026 to add figures from December. Although the site doesn’t provide specific ranks for Steam titles, the Platinum group highlights the 12 highest-earning games from the past year.
Marvel Rivals has joined the ranks of free-to-play giants like Apex Legends and Dota 2. Counter-Strike 2 continues to attract a large player base, but newer shooters seem to be gaining interest. Borderlands 4 faced a lot of backlash upon its launch due to poor optimization. However, mixed reviews didn’t prevent the Gearbox Software title from raking in significant profits.
New Entries and Continued Success
Despite launching in the fourth quarter, both Arc Raiders and Battlefield 6 are in the Platinum category. The Call of Duty game features various releases in the franchise. Yet, the retail success of Black Ops 7 might not be as bad as initially thought. Meanwhile, the successful extraction shooter Arc Raiders has maintained strong player engagement.
Another notable AAA title, Monster Hunter Wilds, started off strong but encountered performance issues that hindered its progress. Games with lower price points are also featured among the best-selling titles on Steam. Indie games like Schedule 1 and R.E.P.O became popular with streamers, providing them valuable exposure.
Revenue Records
Steam also shared charts for the top 12 new releases of 2025. In this segment, Valve monitored revenue during the first two weeks of each game’s availability. Here, players can spot Hollow Knight: Silksong, which only reached the Silver tier for overall sales. On the other hand, Kingdom Come: Deliverance II and Oblivion Remastered burst onto the scene with impressive player numbers.
In summary, it has been yet another exceptionally lucrative year for Valve. Alongside setting records for player peak counts, it also achieved an all-time high annual revenue of $17.7 billion.
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