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Top 25 Public Game Companies of 2017 by Revenue

By Muhammad Bilal Syahrir

The data gives a total estimation from analysis of annual and quarterly financial reports published by a number of relevant publicly listed game companies.


Ever wonder what companies gain the most revenue from games? Don’t worry, here is the list of the top 25 public game companies by revenue in 2017.

Newzoo has generously compiled a list of public game companies that are performing well from gaming in terms of revenue. The data gives a total estimation from analysis of annual and quarterly financial reports published by a number of relevant publicly listed game companies.

Last years the companies gathered a total revenue of US$94.1 billion in 2017, 29% more than 2016. The total revenue of gaming industry itself was US$121.7 billion. This means that the top 25 companies provided a total of 77% revenue.

IMAGE RANK COMPANY Q1 Q2 Q3 Q4 TOTAL CHANGE
Tencent.jpg 1 Tencent 4150 4365 5041 4564 18120 51 % 
Sony.jpg 2 Sony* 2449 1994 2457 3647 10548 35 % 
Apple.jpg 3 Apple* 1772 1952 2185 2128 8037 20 % 
microsoft.jpg 4 Microsoft* 1704 1531 1619 2209 7063 9 % 
Activision-Blizzard.jpg 5 Activision Blizzard 1656 1569 1522 1766 6513 4 % 
netease.jpg 6 NetEase 1650 1449 1247 1230 5576 33 % 
google.jpg 7 Google* 1202 1272 1242 1630 5346 35 % 
ea.jpg 8 EA 1527 1449 959 1160 5095 10 % 
nintendo.jpg 9 Nintendo* 517 547 889 1673 3625 98 % 
bandai-namco.jpg 10 Bandai Namco 590 595 619 623 2428 22 % 
netmarble.jpg 11 Netmarble 644 506 545 577 2272 82 % 
ubisoft.jpg 12 Ubisoft 779 243 317 870 2208 38 % 
nexon.jpg 13 Nexon 664 418 536 467 2085 33 % 
warner-bros.jpg 14 Warner Bros* 313 486 455 682 1936 21 % 
take-two-interactive.jpg 15 TakeTwo Interactive 572 418 444 481 1914 21 % 
square-enix.jpg 16 Square Enix 469 392 514 368 1743 5 % 
mixi.jpg 17 Mixi 486 359 330 306 1481 3 % 
ncsoft.jpg 18 NCSoft 165 208 641 444 1458 104 % 
cyber-agent.png 19 Cyber Agent 317 296 321 298 1232 14 % 
Konami.jpg 20 Konami 283 257 256 283 1079 33 % 
dena.jpg 21 DeNA 244 216 217 214 890 4 % 
disney.jpg 22 Disney* 205 207 212 246 870 4 % 
perfect-world.png 23 Perfect World* 224 248 255 142 868 28 % 
sega.jpg 24 Sega 196 212 200 252 860 9 % 
37-interactive.png 25 37 Interactive* 219 208 192 239 858 29 % 

*=Based on estimates

Chinese giants, Tencent leads the way with total revenue of US@18.1 billion, 15% of the total market. This also means that they have secured their number 1 spot for five consecutive years.

One of the reasons why Tencent is still dominant is that they were able to control multiple parts of the value chain, both on PC and mobile. Additionally, they were also great in their investment strategies for the past 5 years (including the PUBG Mobile acquisition).

Interesting fact also shows that the top 5 earners were unchanged from 2016. These companies include Tencent, Sony, Apple, Microsoft, and Activision Blizzard.

Now, let’s get to where the money comes in. Yes, the mobile platform is continuously growing and growing.

13 of the top 25 companies earned the majority of their revenue in 2017 through mobile gaming. Both Apple and Google had a record-breaking 2017 in terms of game revenues, earning U$8.0 billion and US$5.3 billion, respectively.

Fortnite Mobile’s Revenue: USD$15 Million in Less Than a Month

According to Sensor Tower, Fortnite Mobile's revenue reaches USD$15 million in just under a month. The game itself was launched on the App Store in mid-March. Why did it become so popular in just a short notice? Find the answer in the article below. 

Another successful company from mobile gaming last year was Netmarble with their newest mobile hit: Lineage 2: Revolution. This also shows that Netmarble’s success can come from their main region, with a total of 54% revenue is from outside of South Korea.

Edited by Devi

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My main mission: Making Indonesian Game Industry big!