Overview

• Six of the ten best-selling PS5 games in Q2 2025 were Microsoft-published ports, led by Forza Horizon 5 and Oblivion Remastered on PlayStation.
• Xbox Game Pass generated nearly $5 billion in FY25 service revenue, representing about 21 percent of Microsoft’s total gaming income.
• Microsoft’s overall gaming revenue climbed 9 percent year-over-year to $23.45 billion, driven primarily by digital distribution and live services.
• Hardware sales fell 25 percent over the fiscal year, reinforcing Microsoft’s shift from console reliance to software and subscription models.
• CEO Satya Nadella said Microsoft has nearly 40 games in development, underscoring its commitment to sustained content output.