Squad Steam key art
Squad cover art

Steam revenue analysis

Squad Steam Revenue & Sales Estimates

Offworld

$204.5MEst. Gross Revenue

6,105,979 estimated sales, 83% positive reviews, and $160,591,389.37 potentially retained by the developer after Steam's platform fees.

Action83% Positive$29.99

Revenue Overview

$204.5M

Gross Revenue

$160.6M

Developer Revenue

6,105,979

Est. Copies Sold

$34.1M

Revenue / Year (avg. 6 yr)

$141MLow estimate
$204.5MBest estimate
$423.1MHigh estimate

How the revenue splits

Gross Revenue
$204,489,237
− Steam Platform Fee(21.5%)
−$43,897,847
Developer Revenue
$160,591,389

Developer vs. Steam

Developer: 78.5%($160,591,389)Steam: 21.5%($43,897,847)

Tiered Fee Structure

Tier 1 ($0–$10M) (30%)$3,000,000
Tier 2 ($10M–$50M) (25%)$10,000,000
Tier 3 ($50M+) (20%)$30,897,847

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

How we estimate this

83%positive
210,551Total Reviews
174,757positive (83%)
35,794negative (17%)

Step by step

  1. 1

    Capture Steam review volume as the primary demand signal

    210,551 reviews and a 83% 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 Squad, we use a midpoint multiplier of ×29 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 $30, we estimate a realized average sale price of $33 to account for discounting over time.

  4. 4

    Translate gross revenue into developer revenue

    We then apply Steam's effective fee rate of 21.5%. That turns an estimated $204,489,237 in gross revenue into roughly $160,591,389 retained by the developer.

Calibrated inputs for this game

Avg. sale price

$33.49

List price $29.99

Boxleiter multiplier

×29

Range ×20–×60

Effective Steam fee

21.5%

Tiered 30 / 25 / 20%

Revenue estimates for Squad use the Boxleiter method with a broad range from x20 to x60. For the best estimate we use a calibrated midpoint of x29 and a calibrated average sale price of $33 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: $204,489,237

To developer

$160,591,389

To developer: 78.5%

$160,591,389

Platform fee: 21.5%

$43,897,847

Epic Games Store

Gross revenue baseline: $204,489,237

To developer

$180,070,528

To developer: 88.1%

$180,070,528

Platform fee: 11.9%

$24,418,708

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

GOG

Gross revenue baseline: $204,489,237

To developer

$143,142,466

To developer: 70.0%

$143,142,466

Platform fee: 30.0%

$61,346,771

* 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)

Squad ranks in the top 1% of 2141 tracked action top-sellers, with estimated revenue 34× 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

130.8h avg15.3h median

130.8h

Average Playtime

15.3h

Median Playtime

13.6h

Recent Activity (2 Weeks)

A median playtime of 15.3h and average of 130.8h suggest a dedicated core community playing this action game well beyond the typical player.

Current Activity10% still active

Game Details

Dataset updated: April 18, 2026

DeveloperOffworld
PublisherOffworld
Release DateSeptember 22, 2020
Years on Market6 years
Current Price$29.99
Calibrated Avg. Selling Price$33.49
GenreAction
Peak Players9,116
SteamSpy Owners2,000,000 .. 5,000,000
SteamView on Store

Features

Multi-playerPvPOnline PvPCo-opOnline Co-opSteam Trading CardsSteam WorkshopPartial Controller SupportValve Anti-Cheat enabled

More by Offworld

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Frequently Asked Questions

How much has Squad earned on Steam?

Based on our analysis using the Boxleiter method, we estimate Squad's total gross revenue on Steam at approximately $204,489,237.

This estimate comes with a confidence range:

  • Conservative estimate (x20): $141,027,060
  • Calibrated midpoint (x29): $204,489,237
  • Optimistic estimate (x60): $423,081,179

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

How many copies has Squad sold on Steam?

With 210,551 Steam reviews and a 83% positive rating, we estimate Squad has sold between 4,211,020 and 12,633,060 copies, with a best estimate of 6,105,979.

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 x29 that adjusts for the title's age, price tier, genre, and review profile.

How much does Offworld earn from Squad?

After Steam's tiered platform fee of effectively 21.5%, Offworld keeps an estimated $160,591,389 from Squad's gross revenue of $204,489,237.

Here's the breakdown:

  • Gross Revenue: $204,489,237
  • Steam's Fee (21.5%): -$43,897,847
  • Developer Revenue: $160,591,389

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

What percentage does Steam take from Squad?

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 Squad, with an estimated gross revenue of $204,489,237, this results in an effective rate of 21.5%. Steam keeps approximately $43,897,847 and Offworld receives $160,591,389.

How accurate are these revenue estimates for Squad?

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 ($141,027,060 to $423,081,179) to reflect this uncertainty. For the best estimate we combine the Boxleiter range with a calibrated midpoint (x29) and a calibrated ASP of $33.

What would Squad earn on Epic Games Store instead?

If Squad generated the same gross revenue on the Epic Games Store, Offworld would keep approximately $180,070,528 - that's $19,479,139 more than on Steam.

At this revenue level, Epic's concrete platform fee would be $24,418,708. 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 $143,142,466.

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 Squad?

According to SteamSpy data, players spend an average of 130.8 hours in Squad, with a median playtime of 15.3 hours. The large gap between average and median suggests a dedicated core community playing well beyond the typical player.