Hogwarts Legacy Steam key art
Hogwarts Legacy cover art

Steam revenue analysis

Hogwarts Legacy Steam Revenue & Sales Estimates

Avalanche Software · Warner Bros. Games

$335.8MEst. Gross Revenue

8,356,270 estimated sales, 90% positive reviews, and $265,670,793.04 potentially retained by the developer after Steam's platform fees.

Action90% Positive$59.99MC 83

Revenue Overview

$335.8M

Gross Revenue

$265.7M

Developer Revenue

8,356,270

Est. Copies Sold

$111.9M

Revenue / Year (avg. 3 yr)

$258.3MLow estimate
$335.8MBest estimate
$775MHigh estimate

How the revenue splits

Gross Revenue
$335,838,491
Steam Platform Fee(20.9%)
−$70,167,698
Developer Revenue
$265,670,793

Developer vs. Steam

Developer: 79.1%($265,670,793)Steam: 20.9%($70,167,698)

Tiered Fee Structure

Tier 1 ($0–$10M) (30%)$3,000,000
Tier 2 ($10M–$50M) (25%)$10,000,000
Tier 3 ($50M+) (20%)$57,167,698

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

How we estimate this

90%positive
321,395Total Reviews
289,256positive (90%)
32,139negative (10%)

Step by step

  1. 1

    Capture Steam review volume as the primary demand signal

    321,395 reviews and a 90% 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 Hogwarts Legacy, we use a midpoint multiplier of ×26 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 $40 to account for discounting over time.

  4. 4

    Translate gross revenue into developer revenue

    We then apply Steam's effective fee rate of 20.9%. That turns an estimated $335,838,491 in gross revenue into roughly $265,670,793 retained by the developer.

Calibrated inputs for this game

Avg. sale price

$40.19

List price $59.99

Boxleiter multiplier

×26

Range ×20–×60

Effective Steam fee

20.9%

Tiered 30 / 25 / 20%

Revenue estimates for Hogwarts Legacy use the Boxleiter method with a broad range from x20 to x60. For the best estimate we use a calibrated midpoint of x26 and a calibrated average sale price of $40 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: $335,838,491

To developer

$265,670,793

To developer: 79.1%

$265,670,793

Platform fee: 20.9%

$70,167,698

Epic Games Store

Gross revenue baseline: $335,838,491

To developer

$295,657,872

To developer: 88.0%

$295,657,872

Platform fee: 12.0%

$40,180,619

Epic: 0% on the first $1M in annual per-app revenue, then 12%. Effective here: 12.0%.

GOG

Gross revenue baseline: $335,838,491

To developer

$235,086,944

To developer: 70.0%

$235,086,944

Platform fee: 30.0%

$100,751,547

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

Genre Market Position

Top 1% by revenue in Action
1%

Top 1% of Action games

by estimated revenue

0%◆ Median100%

2,141

Top Games Tracked

$6M

Median (tracked top games)

$20.8M

Mean (tracked top games)

Hogwarts Legacy ranks in the top 1% of 2141 tracked action top-sellers, with estimated revenue 56× 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

36.2h avg25.5h median

36.2h

Average Playtime

25.5h

Median Playtime

6.3h

Recent Activity (2 Weeks)

Hogwarts Legacy keeps players engaged for an average of 36.2 hours – solid engagement for a action game.

Current Activity17% still active

Game Details

Dataset updated: April 18, 2026

DeveloperAvalanche Software
PublisherWarner Bros. Games
Release DateFebruary 9, 2023
Years on Market3 years
Current Price$59.99
Calibrated Avg. Selling Price$40.19
GenreAction
Peak Players5,716
SteamSpy Owners20,000,000 .. 50,000,000

Features

Single-playerSteam AchievementsFull controller supportIn-App PurchasesAdjustable Text SizeCamera ComfortCustom Volume ControlsNarrated Game MenusSave AnytimeStereo SoundSurround SoundSteam CloudHDR availableFamily Sharing

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Frequently Asked Questions

How much has Hogwarts Legacy earned on Steam?

Based on our analysis using the Boxleiter method, we estimate Hogwarts Legacy's total gross revenue on Steam at approximately $335,838,491.

This estimate comes with a confidence range:

  • Conservative estimate (x20): $258,337,301
  • Calibrated midpoint (x26): $335,838,491
  • Optimistic estimate (x60): $775,011,903

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

How many copies has Hogwarts Legacy sold on Steam?

With 321,395 Steam reviews and a 90% positive rating, we estimate Hogwarts Legacy has sold between 6,427,900 and 19,283,700 copies, with a best estimate of 8,356,270.

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 x26 that adjusts for the title's age, price tier, genre, and review profile.

How much does Avalanche Software earn from Hogwarts Legacy?

After Steam's tiered platform fee of effectively 20.9%, Avalanche Software keeps an estimated $265,670,793 from Hogwarts Legacy's gross revenue of $335,838,491.

Here's the breakdown:

  • Gross Revenue: $335,838,491
  • Steam's Fee (20.9%): -$70,167,698
  • Developer Revenue: $265,670,793

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

What percentage does Steam take from Hogwarts Legacy?

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 Hogwarts Legacy, with an estimated gross revenue of $335,838,491, this results in an effective rate of 20.9%. Steam keeps approximately $70,167,698 and Avalanche Software receives $265,670,793.

How accurate are these revenue estimates for Hogwarts Legacy?

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 ($258,337,301 to $775,011,903) to reflect this uncertainty. For the best estimate we combine the Boxleiter range with a calibrated midpoint (x26) and a calibrated ASP of $40.

What would Hogwarts Legacy earn on Epic Games Store instead?

If Hogwarts Legacy generated the same gross revenue on the Epic Games Store, Avalanche Software would keep approximately $295,657,872 - that's $29,987,079 more than on Steam.

At this revenue level, Epic's concrete platform fee would be $40,180,619. 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 $235,086,944.

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 Hogwarts Legacy?

According to SteamSpy data, players spend an average of 36.2 hours in Hogwarts Legacy, with a median playtime of 25.5 hours. This indicates solid player engagement.

What is Hogwarts Legacy's Metacritic score?

Hogwarts Legacy has a Metacritic score of 83/100, which is considered "generally favorable" by critics. The Steam community rates the game 90% positive based on 321,395 user reviews.