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19h ago

Microsoft Tops PS5 and Xbox Publisher Charts as Game Pass Revenue Approaches $5 Billion

A subscription-first model fueled by cross-platform ports is boosting content and services revenue despite a downturn in console hardware.

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The Xbox One and Kinect now feel like a distant memory.
Xbox vs. PlayStation logos
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Overview

  • Microsoft claimed the top publisher spot on both PS5 and Xbox in Q2 2025 after ports like Forza Horizon 5 and Oblivion Remastered dominated PlayStation sales charts.
  • Xbox Game Pass generated nearly $5 billion in FY25 service revenues, representing about 21% of Xbox’s $23.45 billion gaming segment.
  • Six of the ten best-selling PS5 titles in the US in Q2 2025 (April 6–July 5) were Microsoft-published games, led by Forza Horizon 5 and Oblivion Remastered.
  • Xbox content and services revenue rose 13% year-on-year in Q4 FY25 while hardware revenue fell 22%, lifting overall gaming revenue by 10%.
  • The company reported 500 million monthly active gaming users across platforms, over 500 million hours of cloud-streamed gameplay and nearly 40 new games in development.