Xbox just put out their latest earnings report for Q3 2025, showing that revenue is up despite hardware once again declining.
Xbox Revenue
In the latest earnings report Xbox has reported that the gaming division saw:
Image courtesy of JeremyG on the XboxEra Discord
Xbox has seen a marked shift from an Xbox console-first approach to an “Xbox Everywhere” one. As the console market has finally matured and stopped growing it appears, at least for now, that Xbox’s approach of slowly trying to dominate every possible means of entry in the gaming market is paying off.
The overall market has stagnated, still earning insane amounts of money, but not growing the way it had consistently for decades. Later in the day, we will get the investor call where more information should become available. Keep an eye on XboxEra as we break down any Xbox-focused information if and when it becomes available.
What do you think about Xbox’s multi-platform where it makes sense, approach? DOOM: The Dark Ages is about to ship on Xbox, PlayStation, and PC. Indiana Jones and the Great Circle and Forza Horizon 5 have both launched to critical and commercial success on PlayStation in April 2025 as well. Sound off in the comments below and let us know what you think about this new direction from Microsoft and Xbox.
Source: Xbox revenue up, hardware down in latest earnings report
Xbox RevenueIn the latest earnings report Xbox has reported that the gaming division saw:
- Gaming revenue grew 5% (up 6% CC)
- Xbox content and services revenue grew 8% (up 9% CC) driven by growth in Xbox Game Pass, Call of Duty, and Minecraft.
- Xbox hardware revenue declined 6% (down 5% CC)
Image courtesy of JeremyG on the XboxEra DiscordXbox has seen a marked shift from an Xbox console-first approach to an “Xbox Everywhere” one. As the console market has finally matured and stopped growing it appears, at least for now, that Xbox’s approach of slowly trying to dominate every possible means of entry in the gaming market is paying off.
The overall market has stagnated, still earning insane amounts of money, but not growing the way it had consistently for decades. Later in the day, we will get the investor call where more information should become available. Keep an eye on XboxEra as we break down any Xbox-focused information if and when it becomes available.
What do you think about Xbox’s multi-platform where it makes sense, approach? DOOM: The Dark Ages is about to ship on Xbox, PlayStation, and PC. Indiana Jones and the Great Circle and Forza Horizon 5 have both launched to critical and commercial success on PlayStation in April 2025 as well. Sound off in the comments below and let us know what you think about this new direction from Microsoft and Xbox.
Source: Xbox revenue up, hardware down in latest earnings report