Steam could surpass $20 billion in revenue in 2026

, by Thibaut

Steam could surpass $20 billion in revenue in 2026

Valve may be on track to set a new record with Steam. Indeed, the gaming platform had an exceptionally impressive September 2026. We learned this from the latest figures shared by Rhys Elliott of Alinea Analytics.

Steam just had its best September ever, generating $1.7 billion, which represents a 13% increase compared to September 2025. For the quarter, the store even reached $5.5 billion (up 12% year-over-year). So far in 2026, Valve has generated $16.5 billion, compared to $14.5 billion in 2025.

With all the major releases scheduled before January 2027, Steam could cross the symbolic $20 billion mark in 2026, which would be a first.