Call of Duty: Modern Warfare Steam key art
Call of Duty: Modern Warfare cover art

Steam revenue analysis

Call of Duty: Modern Warfare Steam Revenue & Sales Estimates

Infinity Ward, Beenox, High Moon Studios, Raven Software · Activision

$27.5MEst. Gross Revenue

482,724 estimated sales, 79% positive reviews, and $20,132,830.57 potentially retained by the developer after Steam's platform fees.

Action79% Positive$59.99

Revenue Overview

$27.5M

Gross Revenue

$20.1M

Developer Revenue

482,724

Est. Copies Sold

$27.5M

Revenue / Year (avg. 1 yr)

$23.9MLow estimate
$27.5MBest estimate
$71.8MHigh estimate

How the revenue splits

Gross Revenue
$27,510,441
− Steam Platform Fee(26.8%)
−$7,377,610
Developer Revenue
$20,132,831

Developer vs. Steam

Developer: 73.2%($20,132,831)Steam: 26.8%($7,377,610)

Tiered Fee Structure

Tier 1 ($0–$10M) (30%)$3,000,000
Tier 2 ($10M–$50M) (25%)$4,377,610
Tier 3 ($50M+) (20%)—

More context in the Steam game revenue hub or in the Steam revenue calculator.

How we estimate this

79%positive
20,988Total Reviews
16,581positive (79%)
4,407negative (21%)

Step by step

  1. 1

    Capture Steam review volume as the primary demand signal

    20,988 reviews and a 79% positive rating are used as the starting point because Steam review counts correlate strongly with paid ownership.

  2. 2

    Apply a calibrated Boxleiter multiplier

    For Call of Duty: Modern Warfare, we use a midpoint multiplier of ×23 and show a wider range from ×20 to ×60 to reflect uncertainty.

  3. 3

    Use a realistic realized sale price instead of only list price

    Rather than relying only on the current price of $60, we estimate a realized average sale price of $57 to account for discounting over time.

  4. 4

    Translate gross revenue into developer revenue

    We then apply Steam's effective fee rate of 26.8%. That turns an estimated $27,510,441 in gross revenue into roughly $20,132,831 retained by the developer.

Calibrated inputs for this game

Avg. sale price

$56.99

List price $59.99

Boxleiter multiplier

×23

Range ×20–×60

Effective Steam fee

26.8%

Tiered 30 / 25 / 20%

Revenue estimates for Call of Duty: Modern Warfare use the Boxleiter method with a broad range from x20 to x60. For the best estimate we use a calibrated midpoint of x23 and a calibrated average sale price of $57 instead of a flat 30x/0.75 model. Factors like age, price tier, discount history, genre, and review profile all affect the true reviews-to-sales ratio.

Platform Comparison

Hypothetical: What would the developer earn at the same gross revenue?

Steam

Gross revenue baseline: $27,510,441

To developer

$20,132,831

To developer: 73.2%

$20,132,831

Platform fee: 26.8%

$7,377,610

Epic Games Store

Gross revenue baseline: $27,510,441

To developer

$24,329,188

To developer: 88.4%

$24,329,188

Platform fee: 11.6%

$3,181,253

Epic: 0% on the first $1M in annual per-app revenue, then 12%. Effective here: 11.6%.

GOG

Gross revenue baseline: $27,510,441

To developer

$19,257,309

To developer: 70.0%

$19,257,309

Platform fee: 30.0%

$8,253,132

* Actual sales on Epic and GOG are not estimated. Steam's larger user base typically drives substantially higher sales volumes.

Genre Market Position

Top 16% by revenue in Action
16%

Top 16% of Action games

by estimated revenue

0%◆ Median100%

2,141

Top Games Tracked

$6M

Median (tracked top games)

$20.8M

Mean (tracked top games)

Call of Duty: Modern Warfare ranks in the top 16% of 2141 tracked action top-sellers, with estimated revenue 5× this group's median.

Baseline: HelpfulCalculator's curated set of top-grossing Steam games, not the entire Steam catalog. Niche genres may have small samples.

Playtime & Engagement

9.5h avg6.5h median

9.5h

Average Playtime

6.5h

Median Playtime

4.5h

Recent Activity (2 Weeks)

Call of Duty: Modern Warfare keeps players engaged for an average of 9.5 hours – solid engagement for a action game.

Current Activity47% still active

Game Details

Dataset updated: April 18, 2026

DeveloperInfinity Ward, Beenox, High Moon Studios, Raven Software
PublisherActivision
Release Date—
Years on Market1 year
Current Price$59.99
Calibrated Avg. Selling Price$56.99
GenreAction
Peak Players847
SteamSpy Owners1,000,000 .. 2,000,000
SteamView on Store

Features

Single-playerMulti-playerPvPOnline PvPCo-opOnline Co-opCross-Platform MultiplayerSteam AchievementsFull controller supportIn-App Purchases

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Frequently Asked Questions

How much has Call of Duty: Modern Warfare earned on Steam?

Based on our analysis using the Boxleiter method, we estimate Call of Duty: Modern Warfare's total gross revenue on Steam at approximately $27,510,441.

This estimate comes with a confidence range:

  • Conservative estimate (x20): $23,922,122
  • Calibrated midpoint (x23): $27,510,441
  • Optimistic estimate (x60): $71,766,367

The actual revenue may vary due to regional pricing, seasonal discounts, and refund rates.

How many copies has Call of Duty: Modern Warfare sold on Steam?

With 20,988 Steam reviews and a 79% positive rating, we estimate Call of Duty: Modern Warfare has sold between 419,760 and 1,259,280 copies, with a best estimate of 482,724.

This is based on the Boxleiter method, which uses the observation that roughly 1 in every 20 to 60 buyers leaves a Steam review. For the midpoint we do not assume a universal 30x value; we use a calibrated multiplier of x23 that adjusts for the title's age, price tier, genre, and review profile.

How much does Infinity Ward, Beenox, High Moon Studios, Raven Software earn from Call of Duty: Modern Warfare?

After Steam's tiered platform fee of effectively 26.8%, Infinity Ward, Beenox, High Moon Studios, Raven Software keeps an estimated $20,132,831 from Call of Duty: Modern Warfare's gross revenue of $27,510,441.

Here's the breakdown:

  • Gross Revenue: $27,510,441
  • Steam's Fee (26.8%): -$7,377,610
  • Developer Revenue: $20,132,831

Note: This doesn't account for publisher shares, taxes, or development costs.

What percentage does Steam take from Call of Duty: Modern Warfare?

Steam uses a tiered revenue sharing model that reduces the platform's cut as a game earns more:

  • First $10 million: 30% to Steam, 70% to developer
  • $10M to $50M: 25% to Steam, 75% to developer
  • Above $50M: 20% to Steam, 80% to developer

For Call of Duty: Modern Warfare, with an estimated gross revenue of $27,510,441, this results in an effective rate of 26.8%. Steam keeps approximately $7,377,610 and Infinity Ward, Beenox, High Moon Studios, Raven Software receives $20,132,831.

How accurate are these revenue estimates for Call of Duty: Modern Warfare?

These estimates use the Boxleiter method, a widely-used industry approach that estimates game sales from the number of Steam reviews.

Factors that affect accuracy:

  • Review-to-purchase ratio varies by genre
  • Discount history - games with frequent deep sales may have higher ratios
  • Regional pricing - different prices in different markets are not captured
  • Refunds - Steam's return policy means some counted sales were refunded
  • Bundled sales - keys sold through third-party bundles may not generate reviews

We provide a confidence range ($23,922,122 to $71,766,367) to reflect this uncertainty. For the best estimate we combine the Boxleiter range with a calibrated midpoint (x23) and a calibrated ASP of $57.

What would Call of Duty: Modern Warfare earn on Epic Games Store instead?

If Call of Duty: Modern Warfare generated the same gross revenue on the Epic Games Store, Infinity Ward, Beenox, High Moon Studios, Raven Software would keep approximately $24,329,188 - that's $4,196,357 more than on Steam.

At this revenue level, Epic's concrete platform fee would be $3,181,253. Epic charges 0% on the first $1 million in annual per-app revenue and then 12% on the remaining amount. On GOG (30% cut), the developer would earn approximately $19,257,309.

Note: This is a hypothetical comparison. Actual sales volumes differ significantly between platforms, and Steam's larger user base typically drives substantially higher sales.

How long do players spend in Call of Duty: Modern Warfare?

According to SteamSpy data, players spend an average of 9.5 hours in Call of Duty: Modern Warfare, with a median playtime of 6.5 hours. This indicates solid player engagement.