The Epic Games Store made waves when it was first launched. Their revenue sharing model gave developers more money than Steam did and they paid out quite a lot of money for games to launch exclusively on the store. Obviously they were going after steam, but it seems the store has not become profitable yet. In the recent legal dispute between Apple and Epic in California some interesting details about the Epic Games Store’s financials were revealed.
According to the court documents the Epic Games Store is not considered profitable until 2027 at the earliest. Apple told the court that “Epic lost around $181 million on EGS in 2019. Epic is projected to lose around $273 million on EGS in 2020. Indeed, Epic committed $444 million in minimum guarantees for 2020 alone, while projecting, even with ‘significant’ growth, only $401 million in revenue for that year. Epic acknowledges that trend will continue in the immediate future: Epic projects to lose around $139 million in 2021.”
These details show that Epic has invested quite a lot of money into the store, but they do expect it to become profitable at some point. This also shows that running an online game store is not so easy.
Via PC Gamer
