Total War: SHOGUN 2 Steam key art
Total War: SHOGUN 2 cover art

Steam revenue analysis

Total War: SHOGUN 2 Steam Revenue & Sales Estimates

CREATIVE ASSEMBLY, Feral Interactive (Mac), Feral Interactive (Linux) · SEGA, Feral Interactive (Mac), Feral Interactive (Linux)

$46.1MEst. Gross Revenue

1,671,176 estimated sales, 92% positive reviews, and $34,080,809.38 potentially retained by the developer after Steam's platform fees.

Action92% Positive$29.99

Revenue Overview

$46.1M

Gross Revenue

$34.1M

Developer Revenue

1,671,176

Est. Copies Sold

$46.1M

Revenue / Year (avg. 1 yr)

$35.5MLow estimate
$46.1MBest estimate
$106.4MHigh estimate

How the revenue splits

Gross Revenue
$46,107,746
− Steam Platform Fee(26.1%)
−$12,026,936
Developer Revenue
$34,080,809

Developer vs. Steam

Developer: 73.9%($34,080,809)Steam: 26.1%($12,026,936)

Tiered Fee Structure

Tier 1 ($0–$10M) (30%)$3,000,000
Tier 2 ($10M–$50M) (25%)$9,026,936
Tier 3 ($50M+) (20%)—

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

How we estimate this

92%positive
64,276Total Reviews
59,134positive (92%)
5,142negative (8%)

Step by step

  1. 1

    Capture Steam review volume as the primary demand signal

    64,276 reviews and a 92% 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 Total War: SHOGUN 2, 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 $30, we estimate a realized average sale price of $28 to account for discounting over time.

  4. 4

    Translate gross revenue into developer revenue

    We then apply Steam's effective fee rate of 26.1%. That turns an estimated $46,107,746 in gross revenue into roughly $34,080,809 retained by the developer.

Calibrated inputs for this game

Avg. sale price

$27.59

List price $29.99

Boxleiter multiplier

×26

Range ×20–×60

Effective Steam fee

26.1%

Tiered 30 / 25 / 20%

Revenue estimates for Total War: SHOGUN 2 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 $28 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: $46,107,746

To developer

$34,080,809

To developer: 73.9%

$34,080,809

Platform fee: 26.1%

$12,026,936

Epic Games Store

Gross revenue baseline: $46,107,746

To developer

$40,694,816

To developer: 88.3%

$40,694,816

Platform fee: 11.7%

$5,412,930

Epic: 0% on the first $1M in annual per-app revenue, then 12%. Effective here: 11.7%.

GOG

Gross revenue baseline: $46,107,746

To developer

$32,275,422

To developer: 70.0%

$32,275,422

Platform fee: 30.0%

$13,832,324

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

Genre Market Position

Top 9% by revenue in Action
9%

Top 9% of Action games

by estimated revenue

0%◆ Median100%

2,141

Top Games Tracked

$6M

Median (tracked top games)

$20.8M

Mean (tracked top games)

Total War: SHOGUN 2 ranks in the top 9% of 2141 tracked action top-sellers, with estimated revenue 8× 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.

Game Details

Dataset updated: April 18, 2026

DeveloperCREATIVE ASSEMBLY, Feral Interactive (Mac), Feral Interactive (Linux)
PublisherSEGA, Feral Interactive (Mac), Feral Interactive (Linux)
Release Date—
Years on Market1 year
Current Price$29.99
Calibrated Avg. Selling Price$27.59
GenreAction
SteamSpy Owners2,000,000 .. 5,000,000
SteamView on Store

More by CREATIVE ASSEMBLY, Feral Interactive (Mac), Feral Interactive (Linux)

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Frequently Asked Questions

How much has Total War: SHOGUN 2 earned on Steam?

Based on our analysis using the Boxleiter method, we estimate Total War: SHOGUN 2's total gross revenue on Steam at approximately $46,107,746.

This estimate comes with a confidence range:

  • Conservative estimate (x20): $35,467,497
  • Calibrated midpoint (x26): $46,107,746
  • Optimistic estimate (x60): $106,402,490

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

How many copies has Total War: SHOGUN 2 sold on Steam?

With 64,276 Steam reviews and a 92% positive rating, we estimate Total War: SHOGUN 2 has sold between 1,285,520 and 3,856,560 copies, with a best estimate of 1,671,176.

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 CREATIVE ASSEMBLY, Feral Interactive (Mac), Feral Interactive (Linux) earn from Total War: SHOGUN 2?

After Steam's tiered platform fee of effectively 26.1%, CREATIVE ASSEMBLY, Feral Interactive (Mac), Feral Interactive (Linux) keeps an estimated $34,080,809 from Total War: SHOGUN 2's gross revenue of $46,107,746.

Here's the breakdown:

  • Gross Revenue: $46,107,746
  • Steam's Fee (26.1%): -$12,026,936
  • Developer Revenue: $34,080,809

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

What percentage does Steam take from Total War: SHOGUN 2?

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 Total War: SHOGUN 2, with an estimated gross revenue of $46,107,746, this results in an effective rate of 26.1%. Steam keeps approximately $12,026,936 and CREATIVE ASSEMBLY, Feral Interactive (Mac), Feral Interactive (Linux) receives $34,080,809.

How accurate are these revenue estimates for Total War: SHOGUN 2?

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 ($35,467,497 to $106,402,490) to reflect this uncertainty. For the best estimate we combine the Boxleiter range with a calibrated midpoint (x26) and a calibrated ASP of $28.

What would Total War: SHOGUN 2 earn on Epic Games Store instead?

If Total War: SHOGUN 2 generated the same gross revenue on the Epic Games Store, CREATIVE ASSEMBLY, Feral Interactive (Mac), Feral Interactive (Linux) would keep approximately $40,694,816 - that's $6,614,007 more than on Steam.

At this revenue level, Epic's concrete platform fee would be $5,412,930. 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 $32,275,422.

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