Co-op Games Generated $8.2 Billion on Steam in 2025

Key Takeaways

1. Steam achieved significant financial success in 2025, with December revenue reaching $1.6 billion, a 22.7% increase from December 2024.
2. Cooperative games generated $8.2 billion in revenue for Steam in 2025, marking a 9% rise and the highest co-op revenue ever on the platform.
3. The growth in co-op games is sustained, surpassing records set during the COVID pandemic, with renewed interest and quicker expansion.
4. Seven top cooperative game releases in 2025 contributed over $1.2 billion in revenue, highlighting the popularity of this genre.
5. Leading titles include Monster Hunter Wilds ($376 million), ARC Raiders ($206 million), and Borderlands 4 ($128 million), showcasing strong performance in cooperative gameplay.

2025 was a huge year for Steam, both in player engagement and financial success. The platform raked in billions throughout the year, finishing strong in 2025. In December alone, Steam reported revenue of about $1.6 billion. This number was 22.7% higher than what they made in December 2024, illustrating impressive growth compared to the previous year. A significant part of Steam’s earnings in 2025 came from cooperative games.

Co-op Games’ Success

Rhys Elliott, who is the head of market analysis at Alinea Analytics, noted that cooperative mode games brought in $8.2 billion in total revenue on Steam for 2025. This represents a 9% rise from 2024 and is the largest co-op revenue ever seen on the platform.

Sustained Growth in Co-op Games

Elliott also mentioned that this success isn’t just a temporary spike. Both 2024 and 2025 surpassed the previous record set in 2021, a year when the COVID pandemic made shared gaming experiences more popular than ever. While many thought that interest in co-op games would decline after that surge, the data indicates otherwise. After a slight dip, growth has resumed, and co-op games are now expanding at a quicker pace than before.

Top Cooperative Titles

Focusing on the games, seven of the year’s leading new releases focused heavily on cooperative gameplay and achieved remarkable success. Leading the pack was Monster Hunter Wilds, which earned $376 million. Next was ARC Raiders, bringing in $206 million, followed by Schedule I with $153 million. REPO made $150 million, while Borderlands 4 collected $128 million. Split Fiction generated $118 million, a total that includes revenue from Friend Pass access. Lastly, Elden Ring Nightreign brought in $116 million. Altogether, these seven titles generated over $1.2 billion in revenue for Steam in 2025.

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