Steam posts record September with $1.7 billion revenue

Alinea Analytics estimates Steam's September 2026 revenue at $1.7 billion, 13% above the previous September record set in 2025. Newcomers Wardogs ($86.9 million) and The Blood of Dawnwalker ($26.9 million) led new releases, while new IPs accounted for 20.5% of top-500 revenue.

• Steam's September 2026 revenue hit $1.7 billion, up 13% year over year
• Wardogs earned $86.9 million, The Blood of Dawnwalker $26.9 million
• Established franchises made up 79.5% of top-500 revenue, new IPs 20.5%
• Free-to-play games took 25.6% of top-100 revenue despite being 16% of the list