Steam now generates three times more revenue for Capcom than PlayStation

Steam's revenue for Capcom now triples PlayStation's, indicating PC gaming's growing dominance.

: Capcom's recent financial report reveals a significant pivot towards PC gaming, with a substantial increase in revenue from Steam, surpassing PlayStation by threefold. Within the last fiscal year, Steam accounted for 31% of Capcom's revenue, translating to sales of 52.7 billion yen or approximately $363.4 million. This surge in revenue primarily arises from Monster Hunter Wilds, a game that became one of Steam's most played. Despite Capcom's anticipation of earning more from consoles, PC gaming continues to dominate their unit sales, reflecting a significant shift in their market focus.

Capcom's recent financial disclosures reflect a watershed moment for the company in transitioning its focus from traditional platforms like PlayStation to the burgeoning sphere of PC gaming. As stated in the financial year ending March 31, 2025, Steam emerged as a dominant player, generating triple the revenue compared to PlayStation. A critical component of this shift is attributed to games like Monster Hunter Wilds, which despite a late fiscal release, became a historic top performer on Steam.

The detailed securities report reveals a 38% growth in Capcom's total revenue, reached mainly through Steam, which alone accounted for 31% of the company's income. This equates to 52.7 billion yen, approximately $363.4 million, a significant leap from prior years where the PlayStation had a more substantial share. Even though the previous fiscal year saw PlayStation comprising 10.5% of revenue, current projections infer a slide to below 10%.

Another report indicates an intriguing trend: out of the 51 million games sold by Capcom, 28 million were digital PC games. This denotes more than a mere platform preference, underscoring Capcom's strategic realignment in capturing their audience via PC ecosystems, specifically favoring Steam's infrastructure.

Despite the prevailing dominance of Steam, Capcom anticipates heightened revenues from console platforms through 2027. Upcoming releases, such as the eagerly awaited Resident Evil 9 and other major titles, are projected as pivotal assets toward achieving this balance, demonstrating a strategic dual focus.

Capcom's forward-looking plans highlight substantial investment in digital PC game sales and judicious platform diversification, reflecting broader industry trends of shifting consumer gaming patterns. Their ongoing developments and announcement from presentations aligned with this trajectory reinforce the notion that while Steam is leading the charge today, multi-faceted platform engagement remains essential.

Sources: TechSpot, Gamebiz, Capcom's financial report

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