Larian Studios Reports €249 Million Profit in 2023 Fueled by Baldur's Gate 3 Success

The RPG developer saw a 1,780% revenue increase after selling over 10 million copies of Baldur's Gate 3, marking a dramatic turnaround from 2022 losses.

Larian Studios achieved €427 million in revenue and €249 million in pre-tax profit in 2023, a sharp contrast to its €214,000 loss in 2022.
The success of Baldur's Gate 3, launched in August 2023, drove the financial turnaround, with estimated sales of 15 million copies by year-end.
The game also generated $90 million in licensing fees for Hasbro, the owner of the Dungeons & Dragons IP, in 2023, with additional royalties expected in 2024.
Daily active users for Baldur's Gate 3 increased by 20% in 2024, reflecting sustained player engagement and interest in the game more than a year after release.
Larian plans to focus on new original projects rather than developing a sequel or DLC for Baldur's Gate 3, with two ambitious RPGs currently in development.