It looks like Xbox is barely a footnote in the physical games market this year. According to analyst firm Circana, only about 4% of new physical video games sold in the US in 2026 have been for Xbox, a small sliver compared to Nintendo and PlayStation.
Circana's monthly report puts Nintendo platforms at 63% of new physical game sales this year, with PlayStation taking 32%. Analyst Mat Piscatella told Kotaku that the remaining share includes some PC collector's editions, like those for 007 First Light and Assassin's Creed: Black Flag: Resynced, leaving Xbox with just over 4%.

A few things likely explain the gap here. Nintendo fans have historically bought physical copies at a much higher rate than PlayStation or Xbox players, so it's not surprising that the platform holding the majority is Nintendo.
The Xbox and PlayStation split is more interesting, and it's probably tied to Xbox Game Pass Ultimate pulling more players toward digital libraries. Several of Xbox's biggest first-party releases this year, including Halo: Campaign Evolved and Forza Horizon 6, are also available on other platforms, which spreads potential physical buyers across formats.

It should be remembered that Sony plans to stop producing new PlayStation discs starting in 2028, with Xbox expected to follow with its next console, Helix. Since PlayStation accounts for roughly a third of the current physical market, its exit would represent a real change for retailers and collectors. Xbox's share is already so small that its eventual departure probably won't move the needle nearly as much.


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Circana's report also noted that new physical software spending in July hit an all-time low for that month, at $85 million. Whether that reflects a weak month for releases or the general decline in physical media spending is hard to say for certain, but the trend lines have been pointing in the same direction for a while now.






