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Five years after it took on Steam, Epic Games Store is yet to make a penny of profitEpic hoped to scoop up half of all PC gaming revenue back in 2021
Epic hoped to scoop up half of all PC gaming revenue back in 2021
Image credit:Epic Games
Image credit:Epic Games
Almost five years since it launched - and two years after Epic revealed they hoped to gobble up half of all PC gaming revenue - the Epic Games Store is still yet to turn a profit.
The 14 Biggest Games Coming To PC In 2023Watch on YouTube
The 14 Biggest Games Coming To PC In 2023
The reveal came during an ongoing legal battle between Epic and Google over the former’s efforts to dodge handing 30% of real-life money spent on V-Bucks in the mobile version ofFortniteto Google, as per the latter’s Google Play Store cut.
In the midst of their latest legal tussle, Epic Games Store head honcho Steve Allison took to the witness stand and revealed that Epic’s much-touted Steam rival is still yet to make a penny of profit since launching in December 2018.
Image credit:Epic Games Publishing
Just last month, Epic expanded the deal to devs who bring across their older or Early Access gamesvia the Now on Epic programme, requiring them to bring across their whole catalogue or at least three games released via the likes of Steam or PC Games Pass before the end of October.
“For a while now, we’ve been spending way more money than we earn,” said CEO Tim Sweeney at the time. (Sweeney, for his part, remains staunchly un-laid-off.) It seems like that is certainly true for the Epic Games Store too, and may remain that way for a while - even as Epic hopes to eventually see it turn a profit.
