Top Video Game Companies by Revenue 2024

The eight largest companies in gaming by revenue in 2024, in billions of US dollars. Tencent leads on $33.8bn, ahead of Sony Interactive on $25.1bn and Apple's App Store on $21.8bn.

This table mixes two different kinds of business, and reading it without noticing that is the most common mistake. Tencent, Sony, Microsoft, NetEase, Activision Blizzard and Electronic Arts make and publish games. Apple's App Store and Google Play do not: they take a commission on games other companies sell through them. Those two storefronts account for $36.0bn of the $147.0bn total here — 24.5 percent — which is revenue collected from the industry rather than earned by making anything in it.

Among the companies that actually produce games, Tencent's $33.8bn is the largest single figure, and it is larger than Activision Blizzard ($9.5bn) and Electronic Arts ($7.6bn) put together by a factor of nearly two. NetEase on $13.5bn means the two Chinese companies in this table earn $47.3bn between them, comfortably more than Sony and Microsoft combined.

The revenue definitions are not consistent across the list either. Some figures include hardware and subscription income alongside software, others do not, and Tencent's total includes revenue from studios it holds stakes in rather than owns outright.

A note on the year: this is the 2024 snapshot. A 2025 version of the same ranking exists separately, and the two differ in which companies are included as well as in the numbers — comparing them line by line will show changes that come from the selection rather than from the industry.