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steam valve financials wardogs

Steam is on track to top $20 billion in revenue for the first time

Free-to-play games made Steam almost $168 million in September, without a single new release
Bottom line: Steam is on course to generate more than $20 billion in gross revenue in 2026, a first for the platform, after posting record results for September and the third quarter, according to estimates from Alinea Analytics. The gains came from a mix of new releases, established franchises and free-to-play games that keep drawing spending long after launch. With one quarter left, Valve's PC gaming platform needs roughly $3.5 billion to reach the milestone.
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