Fortnite made $ 9 billion in its first two years

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New financial documents revealed that Fortnite, across all platforms, made more than $ 5 billion in its first year for Epic Games, after the rapid rise in its popularity in 2018, where it now has 400 million registered players.

According to the Arab Technology News Portal, the document, which was published as part of Epic Games’ court battle with Apple over the app store practices, shows that the game made more than $ 9 billion in total for Epic Games in 2018 and 2019.

The game brought in $ 5.5 billion in 2018 and $ 3.7 billion in 2019, while Epic Games overall as a company generated more than $ 5.6 billion in revenue in 2018 and $ 4.2 billion in 2019.

The document does not say exactly how much Epic Games earned from Fortnite, but the company reported more than $ 5.5 billion in profits over the two-year period.

The documents were submitted in January 2020, before there is any data on how much Fortnite might achieve in 2020.

In the document, the company expected to have nearly $ 3.6 billion in revenue for 2020, due to the saturation of the market and the distancing of players over time, along with fewer players wanting to buy cosmetic promotions.

Although there are no actual numbers, mobile analytics company Sensor Tower predicted that Fortnite via iOS alone brought in $ 1.2 billion in revenue before it was removed from the App Store.

Epic Games does not usually provide public financial statements, but recent testimony by CEO Tim Sweeney indicates that the company made more than $ 5.1 billion in 2020, which is an increase compared to the company’s forecast included in the financial document of only $ 3.6 billion for the year. 2020.

Fortnite’s revenue far exceeded any other business Epic Games was running at the time, as other games, such as Rocket League, which Epic Games acquired in 2019, made $ 108 million in revenue in 2018 and 2019.

The Epic Games Engine earned more than $ 221 million during the same period, while the Epic Games Store, which launched at the end of 2018, made a total of $ 235 million between 2018 and 2019.

But with costs included, Epic Games lost about $ 181 million in the store in 2019 alone, and is expected to lose $ 273 million in 2020, and expects to lose $ 139 million in 2021.



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