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Over the year, Microsoft’s gaming division earned more than $23 billion — that’s a record | Game World Observer

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The Microsoft Corporation has released its financial report for the fiscal year 2025, which ended on June 30. It highlights a new record set by its gaming division and the success of the Game Pass subscription.

Microsoft reported record annual revenue for Xbox

Call of Duty: Black Ops 6

  • Xbox’s annual revenue increased by 9%, reaching an all-time high of $23.45 billion.
  • Out of this amount, $5 billion was generated by Game Pass. According to Microsoft CEO Satya Nadella, the subscription has never generated so much money in any previous year.
  • Overall, revenue from Xbox content and services sales grew by 16%. Game Pass and games from Activision Blizzard contributed significantly to this growth.
  • Meanwhile, revenue from gaming hardware fell by 25% due to a decrease in console sales.
  • Throughout the year, Xbox Cloud Gaming users spent over 500 million hours playing on the service.
  • At the end of the fiscal year, the total number of monthly active players across all Microsoft platforms and devices remained at 500 million, the same as it was a year ago.
  • Currently, Xbox-owned studios are working on nearly 40 new games.

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