TL;DR: Capcom’s newest monetary report highlights a significant shift within the firm’s enterprise: PC gaming, and particularly Steam, has change into a dominant revenue driver. In the final fiscal 12 months, most of Capcom’s recreation gross sales have been on PC, and Steam alone introduced in three times more revenue than PlayStation. The numbers mirror not only a platform choice however a broader realignment in how and the place Capcom reaches its viewers.
Capcom’s securities report for the fiscal 12 months ended March 31 (by way of Gamebiz) exhibits that Steam accounted for 31% of the corporate’s revenue. Capcom’s revenue from the platform, and by extension its PC gaming revenue, grew by roughly 38%.
Sales of video games on Steam generated 52.7 billion yen (about $363.4 million) for Capcom over the last fiscal 12 months, up from the earlier 12 months’s 225 million {dollars}. Monster Hunter Wilds, which grew to become probably the most performed video games in Steam’s historical past on the day it launched, was possible a major contributor regardless of being launched close to the top of the fiscal interval. Ongoing gross sales of earlier main releases and again catalog re-releases additionally possible performed a task.
The report additionally exhibits that Steam’s share of Capcom’s revenue rose sharply from April 2024 to March 2025, rising from 21 % to more than one third. Although Capcom was as soon as primarily identified for arcade and console titles, PC gaming revenue has since surpassed that of PlayStation.
While the report doesn’t specify PlayStation’s revenue share for the newest fiscal 12 months, it was simply 10.5 % the 12 months prior, and Steam’s continued progress has possible pushed it beneath 10 %. The report contains revenue from all components of the corporate, not simply from digital and bodily recreation gross sales.
Although Capcom expects to earn more from consoles than PC by 2027, and sure receives most of its revenue from cell, digital PC recreation gross sales – most of which occur on Steam – already account for nearly all of its unit gross sales.
A latest presentation revealed that out of the 51 million video games Capcom offered within the final fiscal 12 months, 28 million have been digital PC video games. This marks a major shift from only a few years in the past.
Capcom lately unveiled Resident Evil Requiem, the most recent mainline entry in its horror franchise, which is predicted to be a key launch within the present fiscal 12 months except it’s delayed from its scheduled launch date of February 27, 2026. Two extra main titles, Onimusha: Way of the Sword and the long-awaited Pragmata, are anticipated to play a equally essential function within the following fiscal 12 months.