Fortnite made more than $9 billion in revenue in its first two years
After a meteoric rise to reputation in 2018, Fortnite generated more than $5 billion in its first yr for Epic Video games, new monetary paperwork reveal. The doc, made public as a part of Epic’s courtroom battle with Apple over the latter’s App Retailer practices, reveals that the sport introduced in more than $9 billion complete for Epic in 2018 and 2019.
The doc doesn’t break down how a lot Epic particularly profited from Fortnite, however the firm reported more than $5.5 billion in revenue from the two-year interval.
Within the doc, the corporate predicted that it could have nearly $3.6 billion in revenue for 2020. Epic doesn’t normally publicly present monetary statements, however CEO Tim Sweeney’s recent testimony signifies that it really made a lot more: $5.1 billion.
Sweeney says Epic employs 3200 folks, has workplaces around the globe and (this could be new information?) made $5.1bn in gross revenue in 2020.
— erin griffith (@eringriffith) May 3, 2021
The revenue from Fortnite far outshone every other companies that Epic ran on the time — “different video games” (comparable to Rocket League, acquired by Epic in 2019) made $108 million in revenue in 2018 and 2019, and Epic’s engine introduced in $221 million over the identical span. Epic’s Sport Retailer, launched on the finish of 2018, introduced in a complete of $235 million between 2018 and 2019.
Replace Could third, 5:12PM ET: Added Epic’s precise 2020 revenue supplied by Tim Sweeney’s testimony.
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