The Elder Scrolls V: Skyrim Steam key art
The Elder Scrolls V: Skyrim cover art

Steam revenue analysis

The Elder Scrolls V: Skyrim Steam Revenue & Sales Estimates

Bethesda Game Studios · Bethesda Softworks

$85.7MEst. Gross Revenue

9,518,370 estimated sales, 95% positive reviews, and $65,532,264.00 potentially retained by the developer after Steam's platform fees.

Rpg95% Positive$19.99MC 94

Revenue Overview

$85.7M

Gross Revenue

$65.5M

Developer Revenue

9,518,370

Est. Copies Sold

$5.7M

Revenue / Year (avg. 15 yr)

$57.1MLow estimate
$85.7MBest estimate
$171.3MHigh estimate

How the revenue splits

Gross Revenue
$85,665,330
Steam Platform Fee(23.5%)
−$20,133,066
Developer Revenue
$65,532,264

Developer vs. Steam

Developer: 76.5%($65,532,264)Steam: 23.5%($20,133,066)

Tiered Fee Structure

Tier 1 ($0–$10M) (30%)$3,000,000
Tier 2 ($10M–$50M) (25%)$10,000,000
Tier 3 ($50M+) (20%)$7,133,066

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

How we estimate this

95%positive
317,279Total Reviews
301,415positive (95%)
15,864negative (5%)

Step by step

  1. 1

    Capture Steam review volume as the primary demand signal

    317,279 reviews and a 95% 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 The Elder Scrolls V: Skyrim, we use a midpoint multiplier of ×30 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 $20, we estimate a realized average sale price of $9 to account for discounting over time.

  4. 4

    Translate gross revenue into developer revenue

    We then apply Steam's effective fee rate of 23.5%. That turns an estimated $85,665,330 in gross revenue into roughly $65,532,264 retained by the developer.

Calibrated inputs for this game

Avg. sale price

$9.00

List price $19.99

Boxleiter multiplier

×30

Range ×20–×60

Effective Steam fee

23.5%

Tiered 30 / 25 / 20%

Revenue estimates for The Elder Scrolls V: Skyrim use the Boxleiter method with a broad range from x20 to x60. For the best estimate we use a calibrated midpoint of x30 and a calibrated average sale price of $9 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: $85,665,330

To developer

$65,532,264

To developer: 76.5%

$65,532,264

Platform fee: 23.5%

$20,133,066

Epic Games Store

Gross revenue baseline: $85,665,330

To developer

$75,505,490

To developer: 88.1%

$75,505,490

Platform fee: 11.9%

$10,159,840

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

GOG

Gross revenue baseline: $85,665,330

To developer

$59,965,731

To developer: 70.0%

$59,965,731

Platform fee: 30.0%

$25,699,599

* 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 Rpg
16%

Top 16% of Rpg games

by estimated revenue

0%◆ Median100%

38

Top Games Tracked

$11.5M

Median (tracked top games)

$63M

Mean (tracked top games)

The Elder Scrolls V: Skyrim ranks in the top 16% of 38 tracked rpg top-sellers, with estimated revenue 7× 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

122.9h avg51.4h median

122.9h

Average Playtime

51.4h

Median Playtime

1.8h

Recent Activity (2 Weeks)

A median playtime of 51.4h and average of 122.9h suggest a dedicated core community playing this rpg game well beyond the typical player.

Current Activity1% still active

Game Details

Dataset updated: April 18, 2026

DeveloperBethesda Game Studios
PublisherBethesda Softworks
Release DateNovember 9, 2011
Years on Market15 years
Current Price$19.99
Calibrated Avg. Selling Price$9.00
GenreRpg
Peak Players1,463
SteamSpy Owners5,000,000 .. 10,000,000

Features

Single-playerSteam AchievementsSteam Trading CardsSteam WorkshopPartial Controller SupportSteam CloudFamily Sharing

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Frequently Asked Questions

How much has The Elder Scrolls V: Skyrim earned on Steam?

Based on our analysis using the Boxleiter method, we estimate The Elder Scrolls V: Skyrim's total gross revenue on Steam at approximately $85,665,330.

This estimate comes with a confidence range:

  • Conservative estimate (x20): $57,110,220
  • Calibrated midpoint (x30): $85,665,330
  • Optimistic estimate (x60): $171,330,660

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

How many copies has The Elder Scrolls V: Skyrim sold on Steam?

With 317,279 Steam reviews and a 95% positive rating, we estimate The Elder Scrolls V: Skyrim has sold between 6,345,580 and 19,036,740 copies, with a best estimate of 9,518,370.

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 x30 that adjusts for the title's age, price tier, genre, and review profile.

How much does Bethesda Game Studios earn from The Elder Scrolls V: Skyrim?

After Steam's tiered platform fee of effectively 23.5%, Bethesda Game Studios keeps an estimated $65,532,264 from The Elder Scrolls V: Skyrim's gross revenue of $85,665,330.

Here's the breakdown:

  • Gross Revenue: $85,665,330
  • Steam's Fee (23.5%): -$20,133,066
  • Developer Revenue: $65,532,264

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

What percentage does Steam take from The Elder Scrolls V: Skyrim?

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 The Elder Scrolls V: Skyrim, with an estimated gross revenue of $85,665,330, this results in an effective rate of 23.5%. Steam keeps approximately $20,133,066 and Bethesda Game Studios receives $65,532,264.

How accurate are these revenue estimates for The Elder Scrolls V: Skyrim?

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 ($57,110,220 to $171,330,660) to reflect this uncertainty. For the best estimate we combine the Boxleiter range with a calibrated midpoint (x30) and a calibrated ASP of $9.

What would The Elder Scrolls V: Skyrim earn on Epic Games Store instead?

If The Elder Scrolls V: Skyrim generated the same gross revenue on the Epic Games Store, Bethesda Game Studios would keep approximately $75,505,490 - that's $9,973,226 more than on Steam.

At this revenue level, Epic's concrete platform fee would be $10,159,840. 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 $59,965,731.

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 The Elder Scrolls V: Skyrim?

According to SteamSpy data, players spend an average of 122.9 hours in The Elder Scrolls V: Skyrim, with a median playtime of 51.4 hours. The large gap between average and median suggests a dedicated core community playing well beyond the typical player.

What is The Elder Scrolls V: Skyrim's Metacritic score?

The Elder Scrolls V: Skyrim has a Metacritic score of 94/100, which is considered "generally favorable" by critics. The Steam community rates the game 95% positive based on 317,279 user reviews.