Fortnite made more than $9 billion in revenue in its first two years

Illustration by Alex Castro / The VergeAfter a meteoric rise to popularity in 2018, Fortnite generated more than $5 billion in its first year for Epic Games, new financial documents reveal. The document, made public as part of Epic’s court battle with Apple over the latter’s App Store practices, shows that the game brought in more than $9 billion total for Epic in 2018 and 2019. The document doesn’t break down how much Epic specifically profited from Fortnite, but the company reported more than $5.5 billion in profit from the two-year period. In the document, the company predicted that it would have almost $3.6 billion in revenue for 2020. Epic doesn’t usually publicly provide financial statements, but CEO Tim Sweeney’s recent testimony indicates that it actually made much... Continue reading…

May 3, 2021 - The Verge
Illustration by Alex Castro / The VergeAfter a meteoric rise to popularity in 2018, Fortnite generated more than $5 billion in its first year for Epic Games, new financial documents reveal. The document, made public as part of Epic’s court battle with Apple over the latter’s App Store practices, shows that the game brought in more than $9 billion total for Epic in 2018 and 2019. The document doesn’t break down how much Epic specifically profited from Fortnite, but the company reported more than..