After a record-breaking September, 'it's safe to say Steam's yearly revenue will blow past $20B for the first time'

After a record-breaking September, 'it's safe to say Steam's yearly revenue will blow past $20B for the first time' Alinea Analytics points out that Steam's not slowing down. "Steam generated $1.7 billion in September 2026," Rhys Elliott, Alinea's head of market analysis, wrote, "the platform's best September to date, up 13% on the previous record, September of last year." Wardogs was the smash hit new release of September, though Elliott noted the "hype cycles and virality" of comparably leftfield surprises Arc Raiders and Helldivers 2 were more sustained. "By this point, Helldivers 2 had made $130M (26.5% more than Wardogs) on Steam, while Arc Raiders had made about $125M (21.2% more)." Still, Wardogs generated an estimated $86.9M on Steam in September. Elliott highlights Onimusha: Way of the Sword ($30.4M), The Blood of Dawnwalker ($26.9M), Bodycam ($24.2M), and EA Sports FC27 ($20.7M) as the other big new launches on Steam that month.