Report: Epic Games made $3.85 billion in 2020, $1.54 billion in profit

New court documents from Apple report that Epic Games could've made roughly $1.54 billion in profits in 2020, down 16% over 2019.

@DeekeTweak
Published Sun, Apr 11 2021 4:27 PM CDT   |   Updated Thu, May 6 2021 7:31 PM CDT

New court documents filed in the Apple vs Epic lawsuit show that Epic Games made over $9.5 billion in total revenues last year.

Report: Epic Games made .85 billion in 2020, .54 billion in profit 53 | TweakTown.com
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Apple's new court filings reveal interesting tidbits on Epic's business. Although the games titan isn't publicly traded, Apple reveals potential earnings figures for the giant. According to the documents, Epic Games made $3.85 billion in revenues in 2020 at a 40% profit margin.

Assuming this is accurate, a quick bit of math shows Epic Games made about $1.54 billion in total profits in 2020. Total business costs were around $2.31 billion, which leaves $1.54 billion left over for profits. This revenue puts Epic Games in the #8 slot in gaming's top 10 best-earning games companies of 2020, behind EA.

Report: Epic Games made $3.85 billion in 2020, $1.54 billion in profit 39 | TweakTown.com

Epic's Fortnite may be barred from iOS, but the company apparently isn't hurting all that much. It's worth noting that Epic received a $750 million investment in 2020.

For comparison's sake, the documents also indicate Epic made $4.255 billion in 2019 based on a 43% gross profit margin on $1.83 billion in total profits.

Another fun fact from the documents: Epic makes 93% of Fortnite revenues outside of iOS. That being said, Epic pulled in over $750 million in revenues from Fortnite in two years' time.

Report: Epic Games made $3.85 billion in 2020, $1.54 billion in profit 43 | TweakTown.com
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Derek joined the TweakTown team in 2015 and has since reviewed and played 1000s of hours of new games. Derek is absorbed with the intersection of technology and gaming, and is always looking forward to new advancements. With over six years in games journalism under his belt, Derek aims to further engage the gaming sector while taking a peek under the tech that powers it. He hopes to one day explore the stars in No Man's Sky with the magic of VR.

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