Persona 5 Royal Steam key art
Persona 5 Royal cover art

Steam revenue analysis

Persona 5 Royal Steam Revenue & Sales Estimates

ATLUS · SEGA

$129.3MEst. Gross Revenue

2,269,168 estimated sales, 97% positive reviews, and $100,455,907.46 potentially retained by the developer after Steam's platform fees.

Action97% Positive$59.99MC 95

Revenue Overview

$129.3M

Gross Revenue

$100.5M

Developer Revenue

2,269,168

Est. Copies Sold

$129.3M

Revenue / Year (avg. 1 yr)

$117.6MLow estimate
$129.3MBest estimate
$352.7MHigh estimate

How the revenue splits

Gross Revenue
$129,319,884
− Steam Platform Fee(22.3%)
−$28,863,977
Developer Revenue
$100,455,907

Developer vs. Steam

Developer: 77.7%($100,455,907)Steam: 22.3%($28,863,977)

Tiered Fee Structure

Tier 1 ($0–$10M) (30%)$3,000,000
Tier 2 ($10M–$50M) (25%)$10,000,000
Tier 3 ($50M+) (20%)$15,863,977

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

How we estimate this

97%positive
103,144Total Reviews
100,050positive (97%)
3,094negative (3%)

Step by step

  1. 1

    Capture Steam review volume as the primary demand signal

    103,144 reviews and a 97% 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 Persona 5 Royal, we use a midpoint multiplier of ×22 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 22.3%. That turns an estimated $129,319,884 in gross revenue into roughly $100,455,907 retained by the developer.

Calibrated inputs for this game

Avg. sale price

$56.99

List price $59.99

Boxleiter multiplier

×22

Range ×20–×60

Effective Steam fee

22.3%

Tiered 30 / 25 / 20%

Revenue estimates for Persona 5 Royal use the Boxleiter method with a broad range from x20 to x60. For the best estimate we use a calibrated midpoint of x22 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: $129,319,884

To developer

$100,455,907

To developer: 77.7%

$100,455,907

Platform fee: 22.3%

$28,863,977

Epic Games Store

Gross revenue baseline: $129,319,884

To developer

$113,921,498

To developer: 88.1%

$113,921,498

Platform fee: 11.9%

$15,398,386

Epic: 0% on the first $1M in annual per-app revenue, then 12%. Effective here: 11.9%.

GOG

Gross revenue baseline: $129,319,884

To developer

$90,523,919

To developer: 70.0%

$90,523,919

Platform fee: 30.0%

$38,795,965

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

Genre Market Position

Top 3% by revenue in Action
3%

Top 3% of Action games

by estimated revenue

0%◆ Median100%

2,141

Top Games Tracked

$6M

Median (tracked top games)

$20.8M

Mean (tracked top games)

Persona 5 Royal ranks in the top 3% of 2141 tracked action top-sellers, with estimated revenue 22× 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

62.4h avg37h median

62.4h

Average Playtime

37h

Median Playtime

7.5h

Recent Activity (2 Weeks)

Persona 5 Royal keeps players engaged for an average of 62.4 hours – solid engagement for a action game.

Current Activity12% still active

Game Details

Dataset updated: April 18, 2026

DeveloperATLUS
PublisherSEGA
Release Date—
Years on Market1 year
Current Price$59.99
Calibrated Avg. Selling Price$56.99
GenreAction
Peak Players4,994
SteamSpy Owners2,000,000 .. 5,000,000
SteamView on Store

Features

Single-playerSteam AchievementsFull controller supportSteam Trading CardsSteam CloudFamily Sharing

More by ATLUS

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Want to estimate revenue for a different game?

Try our interactive Steam Revenue Calculator for custom scenarios.

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Frequently Asked Questions

How much has Persona 5 Royal earned on Steam?

Based on our analysis using the Boxleiter method, we estimate Persona 5 Royal's total gross revenue on Steam at approximately $129,319,884.

This estimate comes with a confidence range:

  • Conservative estimate (x20): $117,563,531
  • Calibrated midpoint (x22): $129,319,884
  • Optimistic estimate (x60): $352,690,594

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

How many copies has Persona 5 Royal sold on Steam?

With 103,144 Steam reviews and a 97% positive rating, we estimate Persona 5 Royal has sold between 2,062,880 and 6,188,640 copies, with a best estimate of 2,269,168.

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 x22 that adjusts for the title's age, price tier, genre, and review profile.

How much does ATLUS earn from Persona 5 Royal?

After Steam's tiered platform fee of effectively 22.3%, ATLUS keeps an estimated $100,455,907 from Persona 5 Royal's gross revenue of $129,319,884.

Here's the breakdown:

  • Gross Revenue: $129,319,884
  • Steam's Fee (22.3%): -$28,863,977
  • Developer Revenue: $100,455,907

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

What percentage does Steam take from Persona 5 Royal?

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 Persona 5 Royal, with an estimated gross revenue of $129,319,884, this results in an effective rate of 22.3%. Steam keeps approximately $28,863,977 and ATLUS receives $100,455,907.

How accurate are these revenue estimates for Persona 5 Royal?

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 ($117,563,531 to $352,690,594) to reflect this uncertainty. For the best estimate we combine the Boxleiter range with a calibrated midpoint (x22) and a calibrated ASP of $57.

What would Persona 5 Royal earn on Epic Games Store instead?

If Persona 5 Royal generated the same gross revenue on the Epic Games Store, ATLUS would keep approximately $113,921,498 - that's $13,465,591 more than on Steam.

At this revenue level, Epic's concrete platform fee would be $15,398,386. 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 $90,523,919.

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 Persona 5 Royal?

According to SteamSpy data, players spend an average of 62.4 hours in Persona 5 Royal, with a median playtime of 37 hours. This indicates solid player engagement.

What is Persona 5 Royal's Metacritic score?

Persona 5 Royal has a Metacritic score of 95/100, which is considered "generally favorable" by critics. The Steam community rates the game 97% positive based on 103,144 user reviews.