Xbox smashes records with $16.2 billion earned in FY22

Xbox gaming generated an incredible $16.2 billion in revenues throughout FY22, making more money than it ever has before.

Published Jul 26, 2022 4:26 PM CDT   |   Updated Wed, Aug 17 2022 6:29 PM CDT
0 minutes & 41 seconds read time

Microsoft made more money from Xbox than it ever has before, shattering all previous game revenue records.

Xbox smashes records with $16.2 billion earned in FY22 8

Xbox gaming made a staggering $16.2 billion in Microsoft's FY22 period, which is a new all-time record for the video games giant. The growth was driven by content in services across the Xbox, PC, and mobile ecosystem via first-party and third-party game sales and microtransactions, as well as consistent growth in Xbox Game Pass.

Xbox smashes records with $16.2 billion earned in FY22 2

Content and services made up 77% of total Xbox gaming earnings for FY22, or $12.5 billion, with hardware (Xbox One, Xbox Series X/S consoles and peripherals) making up 23%, or $3.7 billion.

Xbox smashes records with $16.2 billion earned in FY22 1

As far as quarterly revenues, Q4 didn't break any records across services and hardware, but each consecutive quarter saw enough growth and stabilization to make for a record-breaking year.

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Microsoft's $68.7 billion acquisition of Activision-Blizzard may close sometime this year and fold a number of incredibly powerful franchises into the Xbox ecosystem, including Call of Duty, Diablo, and Overwatch.

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NEWS SOURCE:microsoft.com

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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