miHoYo is a private company, however, Chinese reporters got access to the company’s financial statements.
- In 2022 authors of Genshin Impact and Honkai: Star Rail received $3.84B in revenue with a net profit of $2.27B.
- In the same period, the net profit of Activision Blizzard was $1.51B; EA – $802M; Embracer Group – $417M. Take-Two finished the year with a net loss of $1.12B; Ubisoft is in minus for $532.2M.
- From the companies above, Embracer Group ($3.52B) and Ubisoft ($1.95B) had smaller revenue than miHoYo.
[GameDev Reports] It’s important to mention, that approaches to calculating the net profit at miHoYo might be different from publicly traded companies.