Steam earned Valve $15 billion in revenue so far this year, with Crimson Desert alone topping $203 million according to analyst

Steam has made a top-heavy $15 billion in gross revenue so far this year according to Alinea Analytics market analysis lead Rhys Elliott – and Crimson Desert was its most lucrative new IP by far. However, Alinea does identify a couple of major influences, including Forza Horizon 6 (estimated to have made $210.5 million on Steam), Crimson Desert ($203.3 million), and Resident Evil Requiem ($200.9 million). Though, "It's worth noting Crimson Desert, with its $203M, accounts for about 18% of all new-IP revenue in the top 100." Otherwise, the bulk of Steam's money bags come from what analyst Joost van Dreunen calls mid-market games, which Elliott says mostly includes aging AAA titles like GTA 5, Fallout 4, and Lost Ark, as well as purely "mid-tier" games which are selling well – like Mortal Shell 2 – but can't compare to a mainstream beast like Forza Horizon 6. "The top 100 of new 2026 games by gross revenues this year is about $2.4B, or about 15.9% of 2026's Steam overall revenues so far," says Elliott.