Xbox makes a record-breaking $3.74 billion in Q3 2022

Xbox makes games history with a record-breaking $3.75 billion during January - March 2022, setting a new Q3 gaming milestone.

Derek Strickland

Senior Gaming Editor

Published Apr 26, 2022 3:51 PM CDT
Updated May 18, 2022 6:25 PM CDT

45-second read time

Microsoft's games division just had its best Q3 of all time, driven by a substantial spike in hardware revenues.

Xbox makes a record-breaking $3.74 billion in Q3 2022 1

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Xbox gaming is bigger than ever. Microsoft sets another new record-breaking quarter for Xbox with $3.74 billion earned in Q3'2022 (January - March 2022), up $207 million year-over-year.

Xbox makes a record-breaking $3.74 billion in Q3 2022 99

The growth was driven by an uptick in content & services (+6%) and hardware sales (+14%). The Xbox console sales jump coincides with NPD Group's March report that confirms Xbox Series X/S was the top-selling console in the United States.

Read more: Xbox console sales down 30%, hardware only represents 9% of Microsoft's gaming revenue
Read more: Xbox delivers record-breaking Q3 with $5.721 billion revenue
Read more: AMD's Client and Gaming revenue grew by 26% in Q1 2025, thanks solely to Ryzen

Fiscal Year 2022 will be the biggest year in Xbox history and reflects the topline growth of the industry that was originally sparked by pandemic surges. Microsoft has broken gaming revenues records for three consecutive quarters now:

Xbox breaks records for three quarters running

FY22

Q1 - $3.59 billion
Q2 - $5.44 billion
Q3 - $3.74 billion

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News Source:microsoft.gcs-web.com

Derek Strickland

Senior Gaming Editor

Derek joined TweakTown 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.