Overview
- The leaked internal email, published Sunday, says Blizzard finished FY26 as the top-performing studio in Xbox’s studios division and posted its third-highest annual top-line revenue in company history.
- Blizzard leadership attributes the surge to Diablo 4: Lord of Hatred and a rebranded Overwatch, with Overwatch reportedly delivering its strongest quarter since 2022.
- The note says FY25 and FY26 were Blizzard’s first back-to-back years of growth since FY17, signaling a sustained turnaround driven by live-service updates and expansions.
- Those results stand in contrast to Xbox’s overall revenue decline and a planned roughly 3,200-person Xbox restructuring, making Blizzard a relative bright spot and a focus for further investment.
- The figures come from a staff email reported by Windows Central rather than a public filing, and Blizzard is positioning BlizzCon 2026 on September 12 as the next public showcase for its momentum.