According to the latest estimates from the analysis company Alinea Analytics, Valve's digital distribution platform Steam has achieved total revenue of more than US$16.2 billion between January and mid-November 2025.This figure covers paid game sales and free-to-play in-game purchase revenue, and is expected to make 2025 the highest revenue year in the platform's history.

Data shows that the revenue performance of the Steam platform in 2025 will significantly exceed that of the same period in 2024.As of mid-November, 2025 revenue was already approximately 5.7% higher than the full-year 2024 revenue.Analysts expect this gap to widen further as the year-end promotional season approaches.

Looking back on the development history of the past ten years, Steam platform game revenue has always maintained a steady growth trend, which fully reflects the important position of the PC platform in the global game market.It's worth noting that 2022 is the only year in the past decade to see revenue decline, with total revenue that year being about $12 billion.

According to analysis by Alinea Analytics, Valve's revenue will exceed US$4 billion in 2025 through platform commissions and sales of its own games.This data further highlights Steam's dominance in the digital game distribution market.

The continued growth of Steam revenue reflects not only the booming global PC game market, but also the strong vitality of the digital distribution model.As the year-end sales season approaches, this record is expected to continue to be refreshed.